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Pacific Maritime Relocating Regional Office

OAKLAND, CA-The negotiator and manager of maritime labor agreements is relocating and expanding its regional office, which will remain Downtown.

By Brian K. Miller | Updated on January 31, 2007

OAKLAND, CA-Pacific Maritime Association has signed a long-term lease for the 14,125-sf third floor of 475 14th St., a 12-story, 172,000-sf office building Downtown owned by Rreef Funds. The negotiator and manager of maritime labor agreements is relocating and expanding its regional office from 9,700 sf in a nearby building at 500 12th St. The move is slated to occur mid-year.

Its soon-to-be new regional headquarters was built in 1982. Vacancy in the building is currently less than 5%. The negotiated lease rate was not released by the parties involved. Local sources tell GlobeSt.com the full-service asking lease rate immediately prior to lease negotiations was $30 per sf.

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