Located on Telegraph Avenue in close proximity to both University of California Berkeley and Alta Bates Medical Center, this building had been occupied as a single-tenant facility for nearly thirty years, and suffered from capital starved, dysfunctional ownership. Seagate acquired the property with the strategy of completing a major seismic upgrade and repositioning as a multi-tenant office building to serve the needs of the adjacent medical and educational community. Seagate subsequently sold the property to the University of California, Berkeley and it is used as administrative offices for Boalt Law School.
Project Details:
Location
Berkeley, CA
Size
82,100 sq. ft.
Type
Office
Seagate Contributions
Acquisition
Disposition
Opportunistic Investment
Redevelopment
Disposition
Opportunistic Investment
Redevelopment
Status
Sold 2009