We went into contract with our Lower Telegraph property a few weeks ago and we are closely monitoring the seismic work being done. There are huge steel beams going through the building anchoring the facade which faces Telegraph. The new buyer is intending to make a large open beamed condo in the main live work area. We are still pondering the highest and best use for the old Schiff Theater section of this gorgeous historic Oakland brick building.
CoStar Group
CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of commercial real estate information and commercial property listings available in its markets.
It has become increasingly evident to those in the commercial real estate industry that improving building energy performance and making other sustainable and green improvements can impact property values and balance sheets. To some degree, building owners find themselves caught in a 'Catch 22' situation. On one hand, buildings that are slow to adopt these changes and implement green retrofits and more efficient operations are seen as being at a...