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Commercial Real Estate

Port of Oakland welcomes solutions to sea level rise

Oakland, Calif. – November 15, 2022: Port officials from around the country and overseas, gathered virtually this month to discuss the impacts of climate change and sea level rise, search for mitigations, and share best practices. “The Port of Oakland as well as all California ports are literally on the frontline of mitigating the effects on sea level rise, not… Read More

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Port of Oakland A+ and A ratings affirmed by Fitch

Oakland, Calif. – November 14, 2022: Fitch Ratings has affirmed the Port of Oakland’s outstanding senior bonds at A+ and outstanding Intermediate Lien and underlying bank bonds at A. The rating outlook assigned by Fitch on all bonds is Stable. “These ratings reflect continued commitment to prudent financial management and stability,” said Port of Oakland… Read More

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Port of Oakland A+ and A ratings affirmed by Moody’s

Oakland, Calif. – September 7, 2022: Moody’s Investors Service (Moody’s) has affirmed the Port of Oakland’s A1 senior lien and A2 intermediate lien credit ratings. The rating outlook assigned by Moody’s to both liens remains at Stable. “These ratings represent great dedication and professional excellence by our Port staff,” said Port of Oakland Executive Director Danny Wan…. Read More

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Port of Oakland picks Chamber President to lead Board

Oakland, Calif., July 12, 2022 – Oakland’s Chamber of Commerce President is taking on an added role atop the Port of Oakland’s governing board. At their latest Board meeting, Port Commissioners selected Barbara Leslie as their new President in a unanimous vote. Ms. Leslie will lead the seven-member board that sets policy for Oakland’s 93-year-old… Read More

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Port of Oakland adopts $480 million budget for FY 2023 

Oakland, Calif. – July 7, 2022: The Oakland Board of Port Commissioners approved a 2023 fiscal year budget of $480 million at their June 23rd meeting.  The $480 million operating budget projects 9 percent passenger growth at the Port’s Oakland International Airport (OAK). Cargo volume at the Oakland Seaport is expected to increase 2 percent…. Read More

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Proposed A’s stadium receives important regulatory recommendation from SF Bay Conservation and Development Commission

Oakland, Calif. — May 3, 2022: The SF Bay Conservation and Development Commission (BCDC) staff just released an agenda report for the June 2, 2022 public hearing, recommending that the Commission remove the Port of Oakland’s Howard property from Port Priority Use designation under the San Francisco Bay Area Seaport Plan. The Port of Oakland… Read More

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Port of Oakland’s Seaport Logistics Complex kicks off with major tenant

Oakland, Calif., U.S.A. — April 13, 2022: A major logistics company will soon occupy the enormous new warehouse at the Port of Oakland’s designated Seaport Logistics Complex. Industrial real estate giant CenterPoint Properties completed the massive, 460,000+ square-foot warehouse at 1300 Maritime Street last year. CenterPoint signed PCC Logistics as the new tenant in January of… Read More

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Port of Oakland to invest, renew and grow green

Oakland, Calif. – Feb. 4, 2022: With national attention focused on the supply chain, infrastructure investment and jobs, it is time for the Port of Oakland to invest in a renewed, smart and zero-emissions port. That was Executive Director Danny Wan’s message this week at his annual State of the Port address. “The theme for… Read More

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