CIT Bank Seizes 152,000 SQFT Leamington Tower in Oakland from Stockbridge Capital

The historic Leamington Tower at 1814 Franklin Street in Oakland is the center of two significant disruptions in the commercial real estate market. Not only has its lender seized the 152,000-square-foot building due to a $35.5 million loan default, but it also lost a key tenant—WeWork—as part of the coworking giant’s ongoing bankruptcy and lease […]