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California  + Office  | 
PG&E Corp. will exercise an option to purchase its 910,000-square-foot headquarters building in Oakland's Lake Merritt neighborhood

Rockpoint, Swig JV Explores Sale of Oakland’s Largest Office Tower

Rockpoint Group and The Swig Company are considering selling 300 Lakeside Drive, Oakland’s largest office building, in a deal that could exceed $600 million. The nearly one-million-square-foot tower could set a record sale price based on nearby tower sales.

Rockpoint and The Swig Company issued a joint-statement saying, “Following the completion of a major renovation and after securing updated entitlements that further enhance 300 Lakeside’s appeal as a highly desirable transit-focused, urban campus on Oakland’s Lake Merritt, ownership is exploring all options for this signature asset and has engaged Eastdil Secured to assess investor interest.”

Entitlements allow development of up to 1.3 million square feet of office, or an office tower plus a residential tower. The companies added, “300 Lakeside is one of a very few Bay Area locations where a large tenant can access near-term, large block creative space, as well as the long-term ability to grow in one of the Bay Area’s most dynamic and accessible corporate locations.”

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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