Cushman & Wakefield Reps Pro-Bono to Support Cultural Learning & Language in Oakland

OAKLAND, Ca., January 29, 2018 – Cushman & Wakefield has represented The Roman Catholic Welfare Corporation/Diocese of Oakland (as landlord) in the long-term lease transaction to Golestan Center for Language Immersion and Cultural Education, popularly known as “Golestan Kids”. The property is owned by the Roman Catholic Diocese of Oakland and is known as the St. Jerome Campus. It is located at 320 San Carlos Avenue in El Cerrito, CA. Founded in 1941, the campus contains the school, convent, church, hall and rectory. In June 2017 the parish announced the closure of the school. Cushman & Wakefield’s Palo Alto-based Executive Managing Director, David Klein, Esq. SIOR LEED AP, was engaged by the Diocese to arrange a lease with a replacement tenant for the school property. Founded in 2006 in Berkeley, CA, Golestan Center for Language Immersion and Cultural Education, needed additional space to house its expanding program and enrollment. Golestan [...]

By | 2018-01-30T20:21:03+00:00 January 30th, 2018|In the News, Press Release|0 Comments

Cushman & Wakefield Assigned R&D Property Sale in San Jose

SAN JOSE, Ca., January 25, 2018 – Cushman & Wakefield has been retained as exclusive brokerage firm in the marketing and sale of 408 East Plumeria Drive, San Jose, CA, a 58,289 square foot office/R&D building 100% leased to Foxconn Interconnect Technology Limited (“FIT”), a wholly-owned subsidiary of Foxconn, the world’s largest contract manufacturer. Cushman & Wakefield will represent Montague Business Center Owner, LLC, a partnership between Vertical Ventures, LLC and an affiliate of Atlantic Creek Real Estate Partners, LLC, in the sale. The building is located in the heart of Silicon Valley and has recently undergone an extensive $7.5 million external and internal renovation.  FIT has committed to a 7.5 year lease term at the building through August 2026 and has invested more than $3 million of its own capital into the facility.  FIT is expected to utilize the facility to support its strategic initiatives with its many clients [...]

By | 2018-01-26T19:34:16+00:00 January 26th, 2018|In the News, Press Release|0 Comments