OAKLAND, CA-The Clorox Co. company plans to lease up to seven floors of office space totaling 136,000 square feet in its headquarters Clorox Building at 1221 Broadway beginning in 2012, according to an announcement by the publicly held company. Managing principal Craig Zodikoff and vice president Tyler Kellogg of CresaPartners will be representing the company in its marketing of the space, which Clorox plans to vacate as part of a move announced last fall to relocate about 500 Oakland-based employees to the company’s new campus in Pleasanton. The company plans to keep its headquarters, including its business units and most of its executive committee, in Downtown Oakland.
Clorox chairman and CEO Don Knauss said in the announcement: “Oakland has been our headquarters since we were founded in 1913, and our plan is for it to remain our headquarters."
The 1221 Broadway building is a class A LEED-EB Platinum certified property that Zodikoff described as "a rare opportunity to lease premium office space in one of the Bay Area’s most dynamic and competitive business districts.” He described its location as "within reasonable commuting distance from virtually anywhere in the Bay Area," and noted that it is close to shopping as well as BART. "In addition, Oakland offers significantly lower business taxes than San Francisco,” Zodikoff added.
The Clorox Company corporate headquarters, at the time it achieved its LEED-EB rating, was one of only 38 buildings in the US to achieve that designation, according to a Clorox announcement in September. The LEED-EB, (Existing Building/Operating and Maintenance) certification is the highest sustainability recognition an existing building can attain.
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.