March 3, 2016 Two Years After Major Tech Lease, Oakland Office Being Sold

Two years after signing one of the largest tech leases in Oakland, the owner of 1500 Broadway is now looking to sell the property and capitalize on the city’s strong office market.

Owner Graham Street Realty, the office arm of San Francisco-based Hamilton Zanze & Co., has hired brokerage CBRE to market the building, and a listing will be active within a few weeks, said three sources familiar with the property.

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VSCO, which makes visual design editing apps, leased 49,232 square feet — or more than half of the 88,000-square-foot building — in 2014. The tenant was drawn to the building’s transit access and proximity to restaurants and retail. 1500 Broadway is about a block from entrances to both the 19th Street and 12th Street BART stations.

Read more at the San Francisco Business Times