Source: Shorenstein Leasing News – July 13, 2004

OAKLAND, Calif., July 13, 2004 - In a nod to a healthier technology sector and an example of a successful post-dot.com corporate turnaround, Ask Jeeves, Inc., has signed a new lease to move its corporate headquarters to 555 City Center in Oakland from its current location in Emeryville. The company, a provider of information retrieval technologies, brands and advertising services, has leased a total of 55,803 square feet and will occupy the building’s fourth and fifth floors, and a portion of its plaza level floor. The lease, which commences December 1, 2004, will run for eight
years and six months.

“Our move to the City Center offers financial benefits and a great location for attracting top Bay Area talent,” said Steve Berkowitz, CEO of Ask Jeeves. “The new space will facilitate our growth plans while also helping us continue to make Ask Jeeves a great place to work for every employee.”

“We’re extremely pleased that Ask Jeeves is making the move to Oakland City Center,” says John Dolby, vice president of leasing for Shorenstein Realty. “This location will give Ask Jeeves employees easy access to freeways and public transportation, including BART and AC Transit. It also provides the convenience of dining, shopping and even living in downtown Oakland.”

NEW SPACE LEASED BY LUMEDX
In other activity, medical software company Lumedx is leasing 5,755 square feet on the 20th floor of 555 City Center. The five-year lease commences September 1, 2004 when the company will move from 2101 Webster Street in Oakland.

Founded in 1990, LUMEDX is a market leader in developing end-to-end cardiovascular information system solutions. Providing consulting services, training, and the CardioStar software suite, LUMEDX delivers complete clinical and business solutions for heart centers. For more information, visit http://www.lumedx.com.

Matt Elmquist of Aegis Realty Partners in Oakland handled the lease transaction for Ask Jeeves, Inc., while Al Musante of Colliers International in Oakland represented Lumedx. John Dolby acted on behalf of Shorenstein Realty Services in both transactions.

ABOUT OAKLAND CITY CENTER
Located directly above the 12th Street BART station and only two blocks from Interstate 580, City Center is a focal point for commercial and government activity in downtown Oakland. Oakland City Center encompasses more than 3.5 million square feet of office space and includes 20 restaurants and food outlets, more than a dozen retail shops and services, a complete athletic club and parking for 2,840 vehicles. The Marriott Hotel and Oakland Convention Center are conveniently situated just across the street from City Center, and over 300 residential units are located within three blocks of the development.
For more information, go to http://www.oaklandcitycenter.com.

ABOUT THE SHORENSTEIN COMPANY
San Francisco-based Shorenstein Company is one of the oldest and largest privately held real estate investment and development firms in the country. The company currently operates more than 22 million square feet of prime office space nationwide in major markets such as San Francisco, Chicago and New York. Since 1992, the company has invested through a series of real estate investment funds. For more information, visit the company’s Web site at http://www.shorenstein.com.

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For media information, contact:
Dianne Newton-Shaw
AVISO Inc.
(510) 865-5100
di@avisoinc.com
Kerry Coulter
Dotted Line Communications for Ask Jeeves, Inc.
(415) 345-8156
kerry@dottedlinecomm.com
http://www.oaklandcitycenter.com/newsdetail.cfm?ID=166