SAN FRANCISCO-The Port of Oakland Board of Commissioners haveapproved a proposed plan to shift ownership of properties andleases in Jack London Square to an entity controlled by Divco Westof San Francisco. With the approval, the master developer EllisPartners will be able to sell its real estate properties toDivco.
The entity of Divco will have 98.5% and Ellis Partners will keepthe remaining 1.5% and the operation control of the project.For the full story, go to San Francisco BusinessTimes.
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