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OAKLAND, CA-Canyon-Johnson Urban Funds of Los Angeles has acquired a recently completed bank-owned project called Thomas Berkley Square and plans to sell the 88 residential units at the complex while offering the ground-floor retail space for sale or lease. The property, which will be renamed Uptown Place, is located at 630 Thomas L. Berkley Way in the Uptown District entertainment and restaurant community in Downtown Oakland.

Thomas Berkley Square originally housed the business and law offices of its namesake, a pioneering African-American publisher, attorney, civic leader and civil rights advocate in the Oakland community. The Strategic Urban Development Alliance planned a two-phase redevelopment of the property and constructed the adjacent 110,000 square-foot office building. SUDA ultimately sold the development rights for the residential component to a developer who encountered significant delays and cost overruns associated with the bankruptcy of its general contractor.

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