California + Bay Area + Office | May 10, 2023

Newmark has been hired by undisclosed ownership to lease Plaza 360, a 116,018-square-foot office building in Oakland, California

Newmark Tapped to Lease Oakland Offices Under New Ownership

Newmark has been hired to lease Plaza 360, an eight-story, 116,018-square-foot office building located at 360 22nd St. in Oakland, which is under new, undisclosed ownership. Managing director Conor Ranahan and director Thomas Southern are leasing the building and Newmark Property Management has been retained to service the building on behalf of the owner.

“We are pleased to have been selected to lease this building,” said Ranahan. “Like many other Bay Area submarkets, the Oakland office market is getting its bearings as landlords and tenants alike solve for rent costs and concessions in the current climate.”

He added, “Our client is highly motivated to attract new tenants and will prioritize economics and responsiveness to tenant needs to do so. I’m proud to say we are already seeing positive activity.”

Partially leased to a diverse tenant roster, Plaza 360 offers creative spaces that range from 1,500 to 20,000 square feet.

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Newmark's Ranahan

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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