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Neglected Property In Oakland Finds Buyer

OAKLAND, CA-The property along Mandela Parkway has been boarded up since 1989, when Nestle Corp. bought the ice cream manufacturer operating out of the building there and consolidated its operations.

By Becky Bergman | Updated on November 29, 2000

OAKLAND-Merle Hall, managing partner of Merle D. Hall Co. says he and a group of investors have purchased a former manufacturing center on Mandela Parkway and will spend upwards of $10 million to convert it into office space.

Buildings on the 5.6-acre property, located along Mandela Parkway, have been boarded up since 1989, when Nestle Corp. bought the ice cream manufacturer operating out of the building there and consolidated its operations. Originally, the plaza consisted of four city blocks of buildings, which was assembled in 1914 by the American Creamery Co. Hall, impressed by the architecture of the buildings when he purchased them, hopes to restore 145,000-sf into a “neighborhood of different designs.”

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