Oakland Faces Setback as Prologis Backs Out of $24MM Raiders Facility Deal

The potential sale of the former Raiders training facility in Alameda has hit a significant roadblock. Prologis, a San Francisco-based real estate trust, has decided to withdraw from its $24 million agreement to purchase the site, adding to Oakland's financial challenges. Oakland co-owns the property with Alameda County. Oakland City Council had anticipated that the […]