East Bay Office Group
Archive for the 'Listings' Category
Jack London Office Condo Sells
We recently completed the sale of another office condo at 283 4th St. The unit, in the Jack London Square area of Oakland, is 2,336 square feet and sold for a very attractive price. The buyer is a long time client who previously leased the space. This transaction represents the second sale we have completed in the project leaving us only a 7,312 square foot unit for sale or lease. For more information or help with your office lease, purchase, or sale contact Dave McCarty at (510)903-7601 or Ben Jones at (510)903-7606.
Oakland Office Space For Under $1 Per SF?
It is true! Companies can now lease Class B office space in the Oakland Airport submarket for under $1 per square foot. The new owners of 7700 Edgewater Dr , Polidev International, have brought Ben and me on as the leasing agents and have started a new program to fill the property quickly. Under the current promotion we are leasing suites over 1,000 square feet on an as is basis for only $.99 per square foot fully serviced.
For those of you not familiar with real estate speak a full service lease includes all utilities etc in the lease rate so you can lease a 1,000 square foot suite for only $990 per month. We have suites ranging from 357 square feet up to as much as 30,000 square feet. This unique opportunity undercuts the market for office space in the Oakland metro area while offering local businesses and non profits the chance to significantly cut overhead costs.
You might be asking how they can offer such low rates and the simple answer is that they bought the property in a distressed situation. Because Polidev got such a great price they are able to pass the deal along to tenants. For more information or to tour the property please contact Ben Jones at (510)903-7606 or Dave McCarty at (510)903-7601.
Sutter Health signs two new leases at 3300 Broadway in Oakland
Two Sutter Health Affiliates signed leases in February at the Broadway Webster Medical Plaza. They will be the second and third new tenants that the Class ‘A’ Medical Office building will have welcomed to the building in 2010. Sutter Westbay M
edical Foundation signed a seven year full service lease for +/- 2,640 square feet. The Sutter Westbay Medical Foundation will have a newly built out medical office space on the second floor. Health Ventures Inc an affiliate of Sutter Health will be taking over the former Longs Drug space on the ground floor of 3300 Webster St by signing a 10 year lease. The re opening of the pharmacy in the Broadway Medical Plaza will allow doctors and patients to have direct access to a full pharmacy with in the building. The pharmacy hopes to be open by mid summer.
For more information on lease office space in the East Bay or the leasing space at the Broadway Webster Medical Plaza please contact Dave McCarty or Ben Jones at 510-903-7600.
Oakland Bank Owned Property For Sale
Oakland Bank Owned Property
Earlier this month Ben and I got the listing for an interesting bank owned property located at 1671 8th St in West Oakland. The property is a mixed use retail building with a second story apartment. This REO is 8,220 square feet on an 11,700 square foot lot. The location is well suited for a retail or restaurant establishment and the second floor apartment can be occupied by an owner/operator or leased out for income. The proximity to the West Oakland BART Station and its planned expansion makes this property ripe for appreciation. To find out more information please view the flyer or contact us at (510)903-7600. We frequently track commercial properties that have received Notices of Default and can help locate opportunities for investors or users before the properties become REOs.
