Industrial real estate giant Prologis has proposed buying the former Oakland Raiders headquarters in Alameda for $24 million, keeping the Oakland Roots and Soul soccer teams as long-term tenants but also considering future industrial use for the site. The San Francisco Business Times reported that Prologis made the offer to the city of Oakland and Alameda County, which became joint owners of the two-building site after the Raiders moved to Las Vegas.

The Oakland City Council will vote on whether or not to negotiate and execute a purchase and sale agreement with Prologis and Oakland Pro Soccer at an upcoming council meeting. The Roots, an affiliate of Oakland Pro Soccer LLC, has leased the space as a training facility since 2021.

The Business Times previously reported that two other companies, including the Roots and Soul, were in property negotiations with the Alameda County Board of Supervisors for the site, but Oakland staff said in a report that the offer from Prologis was “the most attractive of multiple purchase offers received by the city and county.”

Photo courtesy of City of Oakland.

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