East Bay Community Energy Expands Oakland Office Space At Lake Merritt Plaza

A nonprofit utility, East Bay Community Energy, is expanding its office space to 20,800 square feet at Lake Merritt Plaza in Oakland, California. In response to staff growth and a desk-sharing approach, the company has decided to lease this office space. This move, along with Delta Dental's recent lease, signals efforts to rejuvenate Oakland's tenant base despite the struggling office market in the area.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Square Footage: 20,800
• Address: 1999 Harrison Street, Oakland, California
• Market: Oakland

In the deal, East Bay Community Energy, represented by Nick Chaset and Dan Lieberman, has decided to lease 20,800 square feet of office space at Lake Merritt Plaza. This expansion is driven by the company's growth and the adoption of a desk-sharing approach. By securing this lease, along with Delta Dental's recent lease, the company aims to help revive Oakland's office market despite its current challenges.