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Oakland Office Is Latest To Go Back to Lender in California’s Bay Area

Downtown Oakland’s Office Vacancy Rate Hovers Near Record Highs
1700 Broadway, a 30,000-square-foot office tower in downtown Oakland, has been handed back to its lender. (CoStar)
1700 Broadway, a 30,000-square-foot office tower in downtown Oakland, has been handed back to its lender. (CoStar)
CoStar News
June 13, 2024 | 11:29 P.M.

A lender has taken control of a downtown Oakland office building amid ongoing financial challenges for the real estate sector in California's Bay Area in the wake of the COVID-19 pandemic.

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