Pacific Workplaces Renews Bay Area Flex Office Lease
The firm signed a 10-year lease with Graham Street Realty.
Local flexible office provider Pacific Workplaces has renewed its 10-year lease at a 14,090-square-foot coworking space in Pleasant Hill, Calif. Owned by Graham Street Realty, the building at 3478 Buskirk Ave. is part of the Hookston Square Office Park. Veracity Commercial Partners represented the tenant and Newmark worked on behalf of the landlord in the lease signing.
The flex office space encompasses 51 furnished private offices ranging from 140 to 156 square feet, along with meeting rooms, board rooms and virtual office plans. On-site amenities include a fitness center, full-service deli, free parking, as well as services such as personalized call answering.
Completed in 1985, the 100,963-square-foot property is located just off Interstate 680, some 19 miles from Oakland, Calif. Situated less than 3 miles from Walnut Creek, Calif., the building is within walking distance of numerous retail, dining and fitness options.
Veracity Commercial Partners’ Vice President Ian Osborne and Co-founder Erik Sorenson worked on behalf of Pacific Workplaces, while Newmark’s Vice Chairman Breck Lutz, along with Managing Director Curtis Berrien represented Graham Street Realty. At the time of the lease renewal, the flex office provider operated 18 locations across three states, most of them concentrated in the Bay Area. Recently, the firm opened a hybrid workplace in the Pacific Heights neighborhood of San Francisco.
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