OAKLAND — An engineering agency has leased house in an workplace tower in downtown Oakland in a deal that factors to continued curiosity within the city core of the East Bay’s largest metropolis.
Degenkolb Engineers has leased 14,600 sq. ft on the fourth flooring of the workplace tower at 601 Metropolis Middle in Oakland.
The lease was organized by industrial actual property brokers John Dolby of Cushman & Wakefield, Jonathan Allen of JLL and Mark Anderson of Avison Younger.
“Oakland continues to be a horny marketplace for firms which can be repositioning or rising right here or migrating from different markets,” stated Tom McDonnell, senior vice chairman at Shorenstein Properties, which developed and owns the 24-story workplace tower the place Degenkolb leased house.
The 601 Metropolis Middle constructing is the primary model new workplace constructing in downtown Oakland in additional than a decade, in line with Shorenstein Properties. Shorenstein accomplished the 24 flooring in 2019.
Degenkolb Engineers is shifting from a close-by location in downtown Oakland. It was not instantly introduced what number of workers would work within the newly rented places of work.
Oakland’s “rugged labor, facilities, transportation and accessibility, and housing” are all nice magnets for attracting companies to the East Bay metropolis, McDonnell stated.
https://community99.com/engineering-firm-signs-lease-in-downtown-oakland-office-tower/ | Engineering agency indicators lease in downtown Oakland workplace tower