Client Profile
Clear Channel Outdoor, Inc.
555 12th Street, Oakland CA 94612
Tenant:
Clear Channel
Landlord:
Shorenstein
Size:
10,854 square feet of office space
Lease Term: 10 Years
Challenges:
Aegis Realty Partners was hired to find office and operations center for Clear Channel Outdoor. Aegis reviewed purchase and lease opportunities from Richmond to Hayward and finally completed two 2 leases terminating at the same time.
Clear Channel Outdoor, Inc., www.clearchannel.com, operates as a diversified media company in Radio Broadcasting, Outdoor Advertising, and Live Advertising. Clear Channel Outdoor was at the end of a 40 year ground lease obligation with the Port of Oakland. They needed an upgraded office image and Operations center near the foot of the Bay Bridge. Aegis Realty Partners satisfied both requirements after an exhaustive one year search.
