Press Releases

Oakland A’s Announce New Office at Jack London Square

9/21/2017


OAKLAND, Calif. –The Oakland Athletics today announced that they have signed a lease with CIM Group for approximately 40,000 square feet of office space at Jack London Square, the premier waterfront office and retail destination located in downtown Oakland. The new front office headquarters will allow the Athletics to consolidate their operations by relocating from their current offices located at the Oakland-Alameda County Coliseum and Oracle Arena. The club will make the move in January 2018.

Jack London Square offers the A’s proximity to both the Coliseum and the potential new ballpark at the Peralta site. Additionally, Jack London Square provides the amenities of a mixed-use environment on San Francisco Bay, with dining, shopping, and entertainment options, similar to the A’s vision for their new ballpark as a gathering place for bringing the community together.

“We are excited to put roots down in Jack London Square,” said Dave Kaval, Oakland A’s President. “We continue to say we are ‘Rooted in Oakland’ and this move helps further strengthen our commitment to this community.”

“The Athletics add to the growing lineup of prominent tenants including eclectic dining options and destination activities that employees, residents, and visitors from the greater Bay Area can enjoy,” said Shaul Kuba, Co-Founder and Principal of CIM Group.

“Our new offices will allow us to have our entire staff together in one location to create a dynamic and collaborative work environment,” said Chris Giles, Oakland A’s COO. “Our staff will now have the opportunity to easily gather for formal meetings or informal exchanges as it takes advantage of the beautiful outdoor waterfront areas. We will also still keep our office space at the Coliseum for day-of-game responsibilities.”

CIM’s 2016 acquisition of Jack London Square included 234,000 square feet of office space across three buildings. Designed to maximize the site’s waterfront views, Jack London Square’s seven mid-rise buildings are spread across the property around a central plaza that is programmed year-round with special events to enhance public engagement.  It offers approximately 243,000 square feet of modern office space and approximately 191,000 square feet of retail, with a variety of dining and entertainment options that appeal to employees, residents and visitors. The property also includes a 1,095-stall parking facility. Jack London Square’s striking one-third mile of publicly accessible waterfront provides a significant recreation opportunity including biking trails, picnic areas, and water sports.

 

About Oakland Athletics

We have always been innovators. Since our founding in 1901, the Athletics franchise has pushed the boundaries of our club and our sport in a relentless pursuit of victory. Our nine World Series titles and 15 American League Pennants make us one of the most storied clubs in Major League Baseball. We take great pride in the achievements of our past, and we view them as a challenge to push ourselves further. As our club moves into a new chapter defined by our vision to build a ballpark in Oakland, we are committed to creating winning experiences that encompass the many aspects of our game and our community. For more information, visit athletics.com.

 

About CIM Group

Established in 1994, CIM is a leading partner for global institutional investors seeking to invest in real assets located in and serving urban communities with a principal focus on North America. CIM is a real assets manager offering investment strategies in opportunistic, stabilized, and value-add real estate, real estate debt, and infrastructure.  CIM’s broad expertise includes in-house research, acquisition, investment, development, finance, leasing and property management capabilities. Headquartered in Los Angeles, CIM maintains regional offices in New York City, Oakland, CA, Bethesda, MD, and Dallas. For more information, please visit www.cimgroup.com

 

-  athletics.com -

 

Contacts:

 

Oakland A’s: Catherine Aker, 510.563.2380, caker@athletics.com

 

CIM:Karen Diehl, Diehl Communications, 310.741.9097, karen@diehlcommunications.com

 

 



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