East Bay Office Group
Hayward Office/Flex Space For Lease
23314 Cabot
We have just been hired to list 7,500 square feet of office/flex space for lease at 23314 Cabot in Hayward. The asking rate is only $.55 per square foot industrial gross. The space is very flexible as it has nice office finishes and open area that can be used as a showroom, cubicle office space, or can be converted to warehouse space with excellent clear height. For more information please contact Dave at (510)903-7601 or Ben at (510)903-7606.
San Leandro Office Space For Lease
Offices For Lease
Ben and I were recently hired to list an office building for lease. The property, located at 14895 E 14th St in San Leandro, has multiple available office suites ranging in size from 467 square feet up to 2,778 square feet. These spaces are ideal for small businesses and as incubator space for start ups and non profits. The property has local ownership that is experienced in making deals and keeping tenants happy. The location allows for easy access to both the 580 and 880 freeways and is on one of the main traffic areas through San Leandro providing for excellent exposure. There is also ample free parking on site.
For more information on available suites or for help with your requirement please contact Dave at (510)903-7601 or Ben at (510)903-7606.
Watergate Office Towers in Emeryville in flux.
Emeryville’s Watergate Office Tower tower may be another losing a tenant. Consulting group LECG, currently located 2000 Powell, has merged with Smart Business Advisory & Consulting in Devon, Pa. LECG looks to be relocating is Emeryville headquarters to Devon, PA as a result of the merge.
This continues a streak of negative news for the Watergate Office Towers. Following a subsidiary of Hines giving the keys back to the back defaulting on their loan, US Bank which currently holds the Watergate Office Towers, has been trying to sell the Project. Local entity TMG Partner has been granted receivership of the property, managing the project for US Bank.
Lease rates in the project have dropped from highs, in 2008, of over $3.00 per square foot, to below $2.00 per square foot in 2010. Leases in the office towers as recently as January have been signed at $1.87 psf fully serviced.
For additonal information or to learn more about how you can reduce you leasing costs please contact Dave McCarty or Ben Jones at 510-903-7600.
New Jack London Square Lease
The Northern California food brokerage firm Aiello-Coyle Blaschak leased 2,600 square feet for it’s new headquarters Ellis Partners 70 Washington in Jack London Square. The redevelopment of Jack London Square continues to move foward while small tenant continue to move into the area.
Jack London Square ’s $375 million, 1 million-square-foot redevelopment includes restaurants, entertainment, parking facilities and 100,000 square feet of Class A office space . Jack London Market is expect to open in 2010, but the Class ‘A’ office building has as of yet been able to attract any tenants.
