Graham Street Realty Acquires Oakland’s 1904 Franklin Office Building for $18.25MM
Graham Street Realty’s acquisition of 1904 Franklin in Oakland was recently covered by The Registry:
San Francisco-based commercial real estate investment firm Graham Street Realty (GSR) has acquired the 1904 Franklin office building in the Uptown neighborhood of Oakland. The deal closed on August 28th for a purchase price of $18.25 million.
“Graham Street is thrilled about our return to the Oakland market, which is where it all started for us,” said David Messing, co-managing principal of Graham Street Realty. “1904 Franklin presents us with an opportunity to transform this transit-oriented property into the premier small tenant building in uptown Oakland.”
The nine-floor building includes 42,497 square feet of office space and 8,011 square feet of ground floor retail space. The building lies just one block from the Bay Area Rapid Transit (BART) light rail system, two blocks from Lake Merritt, and is surrounded by significant dining and cultural amenities.
Read the full story at News.TheRegistrySF.com