Clorox HQ Gets New Landlord
Meet the SoCal CRE leadership RealShare LOS ANGELES on March 19.
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.
So much is happening across the country in the office sector. Hear the latest in creative office, how millennials are impacting the direction of the market and where developers are focusing at a RealShare Conference. Check out the details and agendas to find an informative office panel and register today.
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.