February 9, 2015
Oakland's Lake Merritt Tower up for sale
Oakland’s bubbling office and residential rents have more landlords looking to cash in.
Radnor, Pennsylvania-based Brandywine Realty Trust is looking to sell Lake Merritt Tower, the first major Oakland office building to hit the market in 2015 after a couple years during which more than half of the city’s towers traded hands.
The building has the fifth-smallest square footage of Oakland’s 17 Class A office buildings, but has a prominent location next to the city’s architectural and natural gems…