Chris Freise Of REDCO Development Acquires Former Raiders Headquarters In Alameda For $24M

The property asset involved in the transaction is located at 1150 & 1220 Harbor Bay Parkway in Alameda. The sale price for this office asset was $24,000,000, and it encompasses a total of 16.92 acres.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $24,000,000
• Buyer: Chris Freise - REDCO Development
• Seller: City of Oakland & Alameda County

Chris Freise represents REDCO Development in this acquisition, which includes a 15-year lease agreement with the Oakland Roots and Soul soccer clubs. The transaction enables the teams to invest in significant facility upgrades while maintaining their presence in the East Bay.