Commercial Real Estate
Port of Oakland building for the next generation
February 15, 2023
Oakland, Calif. – February 15, 2023: Port of Oakland Executive Director Danny Wan presented the “State of the Port 2023” at a luncheon yesterday. In partnership with the Pacific Merchant Shipping Association and Women In Logistics, the speech was given to around 300 Port stakeholders at Scott’s Seafood Restaurant in Jack London Square. Executive Director Wan… Read More
Read Full Article...Port of Oakland receives award for effective budget presentation
January 6, 2023
Oakland, Calif. – January 6, 2023: The Port of Oakland received an award for its budget presentation for the fiscal year (FY) beginning July 1, 2022 (This FY ends June 30, 2023). The award was bestowed by the Government Finance Officers Association (G.F.O.A.) of the U.S.A. and Canada. The Chicago-based association provides best practices and professional development… Read More
Read Full Article...Port of Oakland welcomes solutions to sea level rise
November 15, 2022
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
Read Full Article...Port of Oakland A+ and A ratings affirmed by Fitch
November 14, 2022
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
Read Full Article...Port of Oakland Executive Director elected to international position
October 25, 2022
Oakland, Calif. – October 25, 2022: Port of Oakland Executive Director Danny Wan was elected to the Board of Governors of the American Association of Port Authorities (AAPA) at their Annual Convention & Exposition last week in Orlando, Florida. The AAPA is the unified voice of the seaport industry in the Americas, representing more than… Read More
Read Full Article...Port of Oakland A+ and A ratings affirmed by Moody’s
September 7, 2022
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
Read Full Article...Port of Oakland picks Chamber President to lead Board
July 12, 2022
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
Read Full Article...Port of Oakland adopts $480 million budget for FY 2023
July 8, 2022
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
Read Full Article...Regional commission provides key regulatory ruling for A’s stadium and development
July 1, 2022
Oakland, CA — July 1, 2022: Thursday afternoon, the San Francisco Bay Conservation and Development Commission (BCDC) voted to remove the Port of Oakland’s Howard property from Port Priority Use. This is a major step in the process for the proposed development of the Howard property as a baseball stadium, along with retail, office space,… Read More
Read Full Article...Proposed A’s stadium receives important regulatory recommendation from SF Bay Conservation and Development Commission
May 3, 2022
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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