News January 26, 2022
Old Oakland Finds $58M Financing in Accelerated Timeframe
Connect Media reported that Madison Realty Capital has originated a $58 million loan to refinance Old Oakland, a collection of 10 historic creative office and retail properties in downtown Oakland, CA. The properties span two full city blocks totaling 238,305 square feet across buildings ranging two to four stories. Leading tenants including Chicago Title, Starbucks, Sweetgreen, Laurene Powell Jobs’ Emerson Collective, and the headquarters of Blue Bottle Coffee and ThredUp.