Oakland - November 27, 2017
– The historic property at 1701 Franklin Street in Oakland’s thriving Uptown is for sale after a stunning renovation by Jeremy Kidson, the iconic high-end retailer and Bay Area trendsetter. Kidson purchased the building in 2016 intending to consolidate his Bay Area retail stores into a single multi-dimensional retail/entertainment destination.
Drawn to its architectural detail and vibrant Oakland location, Kidson personally oversaw the structure’s renovation and re-purposed the original design as a church into a flexible and contemporary 10,000 square foot space that will serve the needs of a variety users.
“This is a jewel of a property which I believe can add so much to the already dynamic vibe of the Uptown section of downtown Oakland. The combination of its wide open footprint and exquisite architectural details speaks to the millennials’ interest in space that not only references the past but also allows for maximum collaboration, communication, and flexibility,” Kidson said. “With BART a block away and an endless list of popular bars and restaurants nearby, this property is a great example of Oakland’s evolving urban core changing for use today and in the future.”
Historically significant architect Henry Schulze designed the structure in 1900 in what was then a predominately residential neighborhood. Schulze, who was a partner in the same firm that designed the San Francisco Ferry Building, also designed the Folgers Coffee Building at 101 Howard Street and the Olympic Club in San Francisco. Schulze and the original contractor belonged to the church’s congregation, and their personal commitment to the project remains evident in the 115 year old building. By 2016, however, the congregation decided it was time to shift both its mandate and location, and sold the property to Kidson.
“The opportunity is unique and the building will appeal to a variety of different users, especially those looking for a combination of history, location and contemporary building amenities,” said Ken Meyersieck
, Managing Director of Colliers International Oakland, who is marketing the building along with Ben Harrison
of Colliers. Harrison added, “The open plan layout complimented by interesting and functional breakout areas will work well for creative design and collaborative work environments.”
About Colliers International Group Inc.
Colliers International Group Inc.
(NASDAQ and TSX: CIGI) is an industry-leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
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