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 at 475 14th Street, Oakland, CA, including providing leasing services, coordinating property maintenance, implementing marketing strategies, and ensuring high occupancy rates. DWC’s expertise helped maximize the property’s value and streamline operations for all stakeholders.

Scope of Work

At 4,75 14th Street, Oakland, CA, DWC oversaw the construction and management of the property in addition to directing leasing and marketing actions for individual units. The company was able to secure Nextel Communications as the anchor tenant and leased more than 100,000 square feet in the office building. The company was then retained to manage leasing for another 80,000 square feet. DWC additionally assisted the broker and owner of the property with various sales and transaction actions, including obtaining tenant estoppel and subordination papers, as well as preparing the prorations for expenses and income, and coordinating the transfer of service.

Project Resolution

DWC increased the leasing from 38% to 95% and assisted the owners in the sale of the building.

Project Name

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Client

Douglas P. Wilson

Location

Oakland, CA

Service Provided

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    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.

    ADDRESS

    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101

    PHONE

    (619) 641-1141

    EMAIL

    info@douglaswilson.com