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CBD Overflow Leads to More Oakland Product

While the East Bay has served as a second-tier choice for top-tier employment with a large collection of housing submarkets and as a mostly suburban retail territory, it is attracting increasing investor attention as Silicon Valley and San Francisco hit historic peaks.

By Lisa Brown | lisabrown | Updated on September 01, 2017

Oakland City Center KBS Strategic Opportunity REIT II recently purchased Oakland City Center.

OAKLAND, CA—The East Bay’s role in the Bay Area economy is changing fast. The once-second choice to San Francisco and Silicon Valley is attracting increasing attention as those metros hit historic peaks.

“Investor interest in Bay Area skyline assets is strong with domestic institutional and foreign investors chasing quality assets that provide stable value, especially in San Francisco and Oakland,” said Will Connors, managing director, JLL Capital Markets.

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