Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

California  + Bay Area  + Office  | 

Could Oakland Become a Tech Hub?

Oakland might become the new SoMa in San Francisco if some developers get their way. Ridge Capital Investors LLC and Contrarian Capital Management LLC are spending $10 million to renovate the the Latham Square office building at 1611 Telegraph Ave.

The building, created in 1927, is going to be renovated by the joint-venture partners and marketed to technology tenants. The asset was purchased in July last year for $12 million. Totaling 114,000 square feet, it was only about 60 percent leased with rents totaling $24 per square foot.

Now the building is 70-percent leased, and rents have shot up to the low-$40 range.

Connect

Inside The Story

Read More at San Francisco Business Times

About Connect CRE

  • ◦Lease
Money360-27-cube
KidderMathews-04-cube