OAKLAND, CA—Plaza 360, the 114,165-square-foot premier creative office building located in Oakland's Uptown District Plaza, is being managed by RiverRock Real Estate Group in a newly awarded assignment. The building is located at 360 22nd St., at the intersection of Webster Street. It is within walking distance of a variety of restaurants, retailers and new multi-housing developments as well as several transportation options including BART, AC Transit and Interstates 980, 880 and 580. The LEED-certified creative office space was extensively renovated in 2008.
This is RiverRock's second assignment in Oakland following being awarded Uptown Station. This is the site being redeveloped from the long-vacant former Sears store to a tech and creative office. In a thorough restoration of a 1929 Beaux Arts-style building that originally housed Capwell's flagship department store, this new office and retail complex will retain much of the building's historic character while retaining a vibe consistent with the neighborhood's revitalization. A new shopping arcade with a diverse retail mix traverses the entire street level block. Easily accessed through a new BART concourse and other transit options, Uptown Station will also include a creative workspace, atrium and a rooftop deck offering views to San Francisco, the Golden Gate Bridge, Mount Tamalpais and the Berkeley Hills, according to lead architecture firm, Gensler. When completed, this historic structure will be transformed into a 400,000-square-foot office building with a generous amount of ground floor retail.
John Combs, founder of RiverRock, tells GlobeSt.com: “Oakland is transforming radically with current and proposed new developments and the two assignments are in the heart of the new creative office areas.”
As previously reported during a RealShare Bay Area panel, Oakland is becoming the address of choice for many companies.
RiverRock manages 27 million square feet of office, retail and industrial property in California and Arizona, with a decentralized platform of “best in breed” to office, industrial, retail property types.
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