Robert Harkins Of Cherian Harkins Dunham Leases 4,000 SF Office In Oakland From Principal Financial Group
555 12th Street
Building Size
4,000 SF
Asset Type
Office
Closing
Apr 8, 2026
AI
The office asset involved in the transaction is located at 555 12th Street in Oakland, covering approximately 4,000 square feet. The lease was executed in the recovering office market, providing strategic advantages for the tenant.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 555 12th Street
- Market: Oakland
- Landlord: Principal Financial Group
- Tenant: Robert Harkins - Cherian Harkins Dunham
Cherian Harkins Dunham's decision to relocate from Berkeley to downtown Oakland positions the litigation firm closer to the federal courthouse and key clients, reflecting an expansion of their presence in the Bay Area.
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