A 172,077 square foot, 12 story, Class A office building located at the Oakland City Center/12th Street BART Station in Oakland, California. The project includes a 120,000 square foot common area plaza anchored by McDonald’s, Starbucks and other retail tenants.
Project Description
Douglas Wilson Companies (DWC) was retained to handle all aspects of managing and marketing the project and providing leasing services.
Scope of Work
DWC managed the property and construction efforts while overseeing the marketing and leasing of individual units. DWC successfully secured Nextel Communications to occupy more than 100,000 square feet as anchor tenant in the office building and was then retained to provide leasing oversight of 80,000 square feet in the project. Later, it assisted the property’s ownership and broker in various sales capacities, including obtaining tenant estoppel and subordination documentation, preparing income/expense prorations and coordinating service transfers.
Project Resolution
DWC increased the leasing from 38% to 95% and assisted the owners in the sale of the building.
Project Name
475 14th Street
Client
Douglas P. Wilson
Location
Oakland, CA
