OAKLAND—Clorox has completed the sale of its downtown headquarters to Westcore Properties.
Westcore paid an estimated $110 million for the 520,000-square-foot office tower, says the Oakland Tribune. Clorox will keep its headquarters in the downtown high-rise at 1221 Broadway as part of the sale-leaseback property sale, the paper says.
The sale comes as Clorox moves hundreds of employees to Pleasanton from the Oakland site, which has been its headquarters since 1988.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
