East Bay Office Group
Free BART Shuttle to Jack London Begins Service
The long awaited free BART shuttle to Jack London and Uptown recently began making runs between Jack London Square, Old Oakland, Chinatown, City Center BART, Uptown, and Lake Merritt. The service runs from 7AM to 7 PM Monday to Friday every 10 minutes during commute times and the lunch hour and every 15 minutes during other times.
The affect on office users is that it opens up Jack London Square properties as more viable options for companies with large numbers of public transit users. For more information visit here. As always, if you have questions relating to the commercial real estate market or are looking for space, please contact Dave McCarty at (510)903-7601 or Ben Jones at (510)903-7606.
New Office Leases at Oakland’s City Center
Three new offices leases have been recently completed at Oakland’s City Center Class A office project. TranSystems Corporation took 12,800 square feet on the 10th floor of 505 14th St for six years. Bechtel National Inc. signed up for 24,200 square feet on the 17th floor of 1111 Broadway for two years. Pacific Business Centers renewed their lease for 12,500 square feet at 1300 Clay St for an additional ten years. Even in this tough office leasing market City Center is able to maintain a low vacancy rate due to the quality of the office space and the prime location above the 12th St/City Center BART Station.
