Updated Oct 13, 2025
AJ Shankar's Everlaw Expands Headquarters With 74000 Square Feet Lease In Oakland
2101 Webster Street
Building Size
74,000 SF
Asset Type
Office
Closing
Oct 3, 2025
About this deal
AI
The property involved in the transaction is an office asset located at 2101 Webster Street in Oakland. The total square footage of the office space is 74,000, serving as the headquarters for Everlaw, a legal technology startup.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 2101 Webster Street
- Market: Oakland
- Tenant: AJ Shankar - Everlaw
- Workforce Expansion: 30%
- Office Vacancies in Downtown: Near 30%
AJ Shankar represents Everlaw in this lease transaction, as the company expands its headquarters despite the prevailing tech downturn in the city.
Players
Oakland Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93