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Non-Profit
Housing
Office / Commercial
Lodging / Conference
Historic Rehabilitation
Sustainable Design
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Historic Central Building
Built in 1926, The Central Building is a 17-story landmark high-rise located in the heart of downtown Oakland's central business district. Due to its architectural significance, including a distinctive façade and ornate lobby, the building has been placed on the National Historic Register.
ECB managed a fast-track acquisition, due diligence and financing process for Jordan Real Estate Interests, LLC and an ECB Principal to purchase the building. ECB Management Services, Inc. is now managing the property and significant capital and tenant improvements in order to re-position the building as the most attractive and best-located Class B office space in downtown Oakland.
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LOCATION
436 14th Street, Oakland
PROJECT
Rehabilitation and re-positioning
136,000 sf rentable office space
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VALUE
$16.3 million
AQUISITION
February 2005
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OWNER
Historic Central Building, LLC.
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FINANCING
Bank of America
ECB ROLE
Acquisition / Due Diligence Services /
Financing / Property Management
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