In May 2017, HP Investors acquired a 31,500 SF, ten-story office building located in a prime location within the “Uptown” District in Downtown Oakland on an off-market basis. The Property was acquired with stabilized below-market yield and upside potential through repositioning of single-tenant floors upon rollover.
– Located at base of 19th Street BART entrance, in the heart of the rapidly developing Uptown District of Downtown Oakland and immediately across street from Lennar’s 32 story high-rise apartment building
– Office space comprised of efficient side-core floorplates with views, providing unique value proposition to small office tenants
– Includes 3,300 SF of ground-floor retail on a hard-corner with high ceilings
Nuts.com, Taproot Foundation
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