Clorox sells HQ tower, will keep Oakland base
Clorox has completed the sale of its Oakland headquarters in a downtown office tower for an estimated $110 million.
Oakland-based Clorox will keep its headquarters in the downtown high-rise at 1221 Broadway as part of the sale-leaseback property sale.
Westcore Properties bought the 520,000-square-foot building from Clorox, a maker of household and consumer products such as bleach, salad dressing, trash bags, kitty litter and charcoal.
Clorox agreed to lease 300,000 square feet of the 24-story tower as part of the deal.
Kaiser eyes medical office in N. San Jose
Kaiser Permanente plans a new North San Jose medical complex after the health care provider's purchase of about 10 acres of land and a warehouse.
The site is at 1717 Technology Drive near the corner of Skyport Drive and Sonora Avenue.
"Proposed future development of a medical office building" is the reason Kaiser bought the 9.7-acre property, said Karl Sonkin, a spokesman for Kaiser.
Oakland-based Kaiser completed the purchase Dec. 14, according to Santa Clara County property records. The seller was a partnership called CA-Skyport II.
"Any decisions regarding the development of the property will be subject to a number of factors, including securing all necessary entitlements," Sonkin said. Kaiser's board would have to approve the development.
Energy Recovery sells gear for Casablanca
San Leandro-based Energy Recovery has shipped devices to help with energy conservation at a large desalination plant near Casablanca on the Atlantic coast of Morocco.
The energy recovery devices were shipped to a plant off the coast of Jorf Lasfar, a deepwater commercial port.
The Jorf Lasfar project will primarily handle mining operations in the area.