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Commercial Real Estate

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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Port of Oakland names 13-year vet as new Port Attorney

Oakland, Calif. – December 21, 2021: A veteran lawyer involved in every major Port of Oakland project over the last 13 years has been named Port Attorney. The Port appointed Mary Richardson, effective December 31, 2021, to succeed Michele Heffes who’s retiring. This appointment was made during last Thursday’s regular Board meeting. Ms. Richardson, who… Read More

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Port of Oakland A+ and A ratings affirmed by Fitch

Oakland, Calif. – August 9, 2021: Fitch Ratings has affirmed Port of Oakland bond ratings and lifted the Port’s ratings outlook from negative to stable. Fitch this week affirmed the following ratings on Port of Oakland debt: A+ for senior lien revenue bonds; A for intermediate lien revenue bonds; and A for the underlying bank… Read More

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Port of Oakland Board gives President Cluver second term

Oakland, Calif. – July 20, 2021: The Port of Oakland’s governing Board has given Andreas Cluver a second term as President. The seven-member Oakland Board of Port Commissioners unanimously selected the East Bay labor leader at a special meeting last week. Mr. Cluver begins a second one-year term next month after first gaining the presidency… Read More

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Port of Oakland adopts $465.3 million FY 2022 budget as California reopens

Oakland, CA, USA – June 25, 2021: As California reopens and global pandemic uncertainty continues, the Oakland Board of Port Commissioners approved a $465.3 million fiscal year (FY) 2021-22 budget. This is a 7.6% increase from FY 2021 ($432.5 million). “We are proud of all the Port of Oakland employees who have gone above and beyond to help keep us financially solvent and move forward during a once-in-a-hundred-year pandemic,” said Port Board President Andreas Cluver. Maritime activity at Oakland increased… Read More

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Port of Oakland a recipient of economic relief for California ports

Oakland, Calif. – May 18, 2021 – The Port of Oakland will be a recipient of California Governor Gavin Newsom’s economic relief for ports. The Governor’s proposed budget includes $250 million for public ports that have been financially challenged due to the pandemic. Governor Newsom made the announcement during the California Chamber of Commerce’s 2021 Virtual Capitol Summit & Host… Read More

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Port of Oakland boss appointed CAPA Vice President

Oakland, Calif. – Feb. 24, 2021: Port of Oakland Executive Director Danny Wan was just appointed Vice President of the California Association of Port Authorities (CAPA). During a week celebrating Ports Day 2021, which highlights the significant contributions California ports made to assist the state’s response to the COVID-19 pandemic, Wan fills the key leadership role… Read More

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