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November 06, 2019  

Renovated Oakland Offices on Block

Sansome Street Advisors is pitching a Class-A office building in Oakland that it bought less than a year ago.The 119,000-square-foot Latham Square, at 1611 Telegraph Avenue, is worth about $85 million, or $714/sf. San Francisco-based Sansome has given the listing to CBRE.The occupancy rate is 93%. Rents average 20% below the current asking rate, according to marketing materials. The weighted average remaining lease term is 6.4 years.The 14-story...

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