The Swig Company announced that Solar Mosaic, the
nation’s leading residential solar platform, has
signed a long-term lease at 300 Lakeside Drive.
300 Lakeside Drive is a 28-story tower, part of the Kaiser Center
complex next to Lake Merritt in Oakland’s popular Uptown neighborhood. Solar
Mosaic will move to the building from its current location downtown in September
2017.
The solar firm will occupy almost 30,000 square feet on
the 24th floor. The space
commands excellent views and offers the new tenant abundant natural light and
an open-ceilinged, creative office environment.
Solar Mosaic is the latest in a stream of new tenants
to Kaiser Center that has seen occupancy rise to 97 percent. Late last year, global construction and
engineering giant AECOM moved more than 450 employees into 100,000 square feet
of space at 300 Lakeside Drive after consolidating several Bay Area offices.
Kaiser
Center spans a 7.2-acre parcel that consists of a T-shaped, 28-story office
tower, a three-story office/retail building, and an adjacent five-story, 1,339-space
parking garage.
CM Commercial Real Estate represented the tenant while
Ryan Hattersley of Cushman & Wakefield represented the landlord.
About The Swig Company
The
Swig Company, LLC is a privately-owned, San Francisco-based real estate
operator with a 75+ year history of investment, development, partnership and
management of commercial real estate properties in major US markets. Founded by
Benjamin Swig, The Swig Company is guided by a long-term investment perspective
that has proven adept at stewarding investors safely through multiple market
cycles. The company’s vertically-integrated operational platform, which
includes investment, asset and property management expertise, uses flexibility,
generational thinking and a sensitivity to sustainable practices to stay at the
forefront of emerging trends in the commercial real estate industry. For more
information, visit: www.swigco.com.
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