Sherman Clay




Sherman Clay

Address32131-2147 Broadway, Oakland, CA
AcquisitionJuly 01, 2015
Property TypeOffice/Retail
Size24,694 SF

Property Description:

In July 2015, HP Investors acquired a stabilized, undermanaged 24,694 SF mixed-use office/retail building located in the premier submarket of Uptown Oakland.

Property Features:

– Two-story building with full-floor retail and office floor of approximately 12,350 SF each.
– Development upside through favorable zoning and large corner land site (13,000 GSF)
– Located along Broadway adjacent to over 2M SF of Class-A office, retail, and multifamily projects

An attractive unsolicited offer was accepted in June 2016 and HP Investors subsequently sold the property at a substantial profit for investors.

 

For Leasing Inquiries, please contact James Bolt at james.bolt@hpinvestors.com



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