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California  + Office  | 

Clarion Acquiring Oakland Asset for $211M

New York-based Clarion Partners is acquiring 1999 Harrison St., from San Francisco-based DivcoWest Properties for reportedly more than $211 million. The 27-story high-rise Class A office building is part of Lake Merritt Plaza, located in the Lake Merritt/Uptown section of Downtown Oakland.

DivcoWest acquired the property in 2014 and subsequently transformed it from a value-add opportunity to a core asset. The property’s occupancy has risen from 82% to near full occupancy. Colliers International’s Ken Meyersieck and Trent Holsman handle leasing at the property.

Completed in 1985, 1999 Harrison St. contains more than 490,000 square feet of space and features a newly renovated lobby. Among the amenities at the property are laundry lockers, secured bicycle parking, shower/locker rooms, retail shops and restaurants, and courtesy umbrellas on rainy days.

1999 Harrison St.'s new lobby

1999 Harrision St.’s new lobby

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
  • ◦Lease
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