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Kaiser Center
| Dates: |
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Built, 1960
Major renovation, repositioning, and lease up, 2004 |
| Size: |
913,000 sf
- Class
"A" office
28 stories
1,339 space parking structure |
Location: Oakland,
California
Major Tenants: BART,
Regents of the University of California, Kaiser Foundation Health Plan, California
Bank & Trust, IBM, Bank of America
Description: Landmark
Class "A" office tower, a masterpiece of contemporary architecture designed by
renowned architect, Welton Becket
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| “The
Kaiser Center project provided all the luxury and efficiency for
Tier 1 corporate tenants without diminishing a classic masterpiece
of mid-century high rise architecture.” |
-
jack L. mahoney, president
summit commercial properties |
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The Kaiser Center was built by Henry J. Kaiser
in 1960 as the world headquarters of Kaiser Aluminum & Chemical Corp. The
building was purchased out of bankruptcy court by Summit Commercial in
2003 after the building had fallen into neglect and occupancy had fallen
to 60%. Following extensive renovations, the building was fully restored
to its previous beauty and stature as a major milestone in the history
of architecture. The Kaiser Center was fully leased within two years of
its acquisition by Summit Commercial. |
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2005 San Francisco
Business Times Deal of the Year
Office Sale - Kaiser Center
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2003 San Francisco
Business Times Deal of the Year
Office Lease - BART at Kaiser Center
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2003 San Francisco
Business Times Deal of the Year
Office Sale - Kaiser Center
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