Bank Moving Local Office to Oakland City Center

OAKLAND, CA-Union Bank of California will move its Oakland office to Oakland City Center at the end of the year. Currently located at 1800 Harrison St., the bank has signed a 10-year lease for the 14,792-sf seventh floor of 505 14th St.

John Dolby, vice president of leasing for Shorenstein Cos.’ multi-building Oakland City Center portfolio, tells GlobeSt.com the bank will be completing its own tenant improvements beginning this month and expects to occupy the space in December or January. The long-term commitment is one of the larger leases in Shorenstein’s Oakland portfolio this year.

The negotiated lease rate was not released by the parties involved and not otherwise immediately available. The full-service asking rate for space in the building is $30 per sf per year.