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Harvest JV Acquires Downtown Oakland’s One80 Grand
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Harvest Properties in a joint venture with AXA Investment Managers, Real Assets, acquired One80 Grand, a 279,000-square-foot Class A office tower in Oakland, CA for a reported $175 million. The acquisition represents a recapitalization of the 15-story LEED Platinum building, which was originally acquired by Harvest and KKR in 2017.
Harvest made the decision to continue its part ownership of One80 Grand, in a new JV, because of the long-term growth prospects for downtown Oakland and The Uptown District in particular, according to Harvest’s Kathryn Collins.
Located at the edge of Lake Merritt in Downtown Oakland’s ‘Uptown’ neighborhood, the new owners will continue to elevate the stature of the building in the market and meet the needs of its diversified tenant base. Those initiatives include a complete elevator system modernization, continuation of common area upgrades, and the addition of a creative workplace environment on the 7th floor.
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- ◦Sale/Acquisition


