Engineering firm signs lease on downtown Oakland office tower
OAKLAND – An engineering firm has leased space in an office tower in downtown Oakland in a deal that demonstrates continued interest in the urban core of the larger city of East Bay .
Degenkolb Engineers leased 14,600 square feet on the fourth floor of the office tower at 601 City Center in Oakland.
The lease was entered into by commercial real estate brokers John Dolby of Cushman & Wakefield, Jonathan Allen of JLL and Mark Anderson of Avison Young.
“Oakland remains an attractive market for companies repositioning or expanding here or migrating from other markets,” said Tom McDonnell, senior vice president of Shorenstein Properties, which developed and owns the 24-story office tower. where Degenkolb rented spaces.
The 601 City Center building is the first brand new office skyscraper built in downtown Oakland in more than a decade, according to Shorenstein Properties. Shorenstein completed all 24 floors in 2019.
Degenkolb Engineers is moving from a neighboring site to downtown Oakland. It was not immediately revealed how many employees would work in the newly leased offices.
“Oakland’s robust workforce, amenities, transportation and affordability, and housing” are all great magnets in attracting business to the city of East Bay, McDonnell said.