Lake Merritt Tower, Oakland, CA 94612 - Office Space
Lake Merritt Tower is located at 155 Grand Avenue in the Downtown Oakland neighborhood, CA, Oakland, 94612. The Class B Office building was completed in 1990 and features a total of 204,336 Sqft.
There are 266 office spaces for lease in the Downtown Oakland neighborhood, totaling 3,766,047 Sqft of available office space. The office space availability for the 94612 zip code is 3,605,945.4 Sqft, in 279 office spaces. The average asking office rent per sq. ft. in Downtown Oakland is $44.92/sqft/year. For Class A office buildings the average office rate is $50.35/sqft/year, for Class B office buildings the average office rate is $41.69/sqft/year, for Class C office buildings the average office rate is $39.6/sqft/year.
In Downtown Oakland, there are 41 class B office buildings. In Downtown Oakland, there are a total of 17 LEED certified office buildings. In 1990, the same year Lake Merritt Tower was built, 57 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Oakland, featuring 1,002,638 square feet of commercial space. At zip code level, there are 56 commercial properties, of which 55 are office buildings over 50,000 square feet.