According to city officials, the Chabot-Las Positas Community College District office employees hope to be set up in their new office by the end of this week. The district purchased the 25,000-sf building for $4.8 million last year and invested approximately $350,000 into remodeling the building since then.
City officials say that the building, which is located at 5020 Franklin Dr., was selected over the course of three years, during which a planning committee and real estate firm considered several properties. The district considered leasing a building but eventually decided that buying a building was a better financial decision.
The district will share the new building with the Tri-Valley One Stop Career Center, an employment service.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.