California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Riaz Capital Opens Next Phase of Iconic Artthaus Studios in Oakland Opportunity Zone
Oakland-based Riaz Capital unveiled the second and final phase of Artthaus Studios, a 120,000-square-foot complex located at 2744 E 11th St. in the heart of Oakland’s historic Jingletown neighborhood. Originally built as a cannery, the structure, clad in brightly-colored murals on all sides, has quickly become a recognizable landmark in the neighborhood, which has been designated as an Opportunity Zone.
Today, the property is home to nearly 100 small businesses, and is considered a catalyst for revitalizing the area. This final phase completes the transformation of the industrial building to a sustainable, affordable space, where a diverse group of artists and creative professionals will thrive.
The structure, which was originally built in 1916 as the H.G. Prince Cannery, later became the Lucasey Manufacturing Company. It sat empty for a few years until Riaz Capital purchased it in 2016, exactly 100 years after it was built by the Cannery at the heart of what was then an industrial hub of Oakland.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
