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Commercial Real Estate News Subleases Space at 555 12th Street

IDG Entertainment Gives Up Space to Online Web Company
January 16, 2007 subleased approximately 24,000 square feet of office space at 555 12th St. in Oakland from IDG Entertainment. The web company currently occupies some space in the building, and will now move into the entire 11th floor. The term of the sublease is through 2015 and is valued at roughly $6 million.

Built in 2002, the Class A office building measures more than 600,000 square feet and is in the Oakland City Center in downtown Oakland.

Matt Elmquist of Aegis Realty Partners represented the tenant. Ken Meyersieck, Trent Holsman and Mike Corbett of Colliers International represented the sublessor.
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