Clorox HQ Gets New Landlord
New SoCal event! Don't miss RealShare San Diego on May 28.
OAKLAND, CA-Westcore Properties has bought The Clorox Company's headquarters building located in downtown Oakland, California, for an undisclosed amount in a sale-leaseback deal. As per the transaction with Westcore, Clorox will continue to lease 57% of the 24-story tower spanning 520,000 square feet at 1221 Broadway for 15 years with a renewal option for another 15 years.
Westcore has hired Cushman & Wakefield to find tenants for the remaining 163,000-square-foot Class A office space at 1221 Broadway. For the full story, go to Commercial Property Executive .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
SIOR Live runs through May 7. Click here to get all the latest news surrounding SIOR's Spring World Conference.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.