Signs of life for the Oakland Retail Market
We saw a couple of articles posted last week on a Walgreen’s retail lease in Oakland City Center. Walgreen’s as reported by Globest signed a lease in the former Gap space located at 1333 Broadway in Oakland.
The reason this story caught our eye was that Walgreen’s simply moved across the street from 1330 Broadway in Oakland. My guess is that someone involved in the lease must have pumped out a press release making the announcement. Because otherwise it just doesn’t seem to be all that newsworthy which, reading between the lines, spells continued goods news for tenants looking for commercial real estate to lease.