180 Grand Oakland, California Project • 15-Story, Multi-Tenant,   Urban Office Tower • 272,000 Square Feet • Built in 1981 Location • 180 Grand Avenue, at its   intersection with Harrison   Street adjacent to Lake Merritt Major Tenants • FBI • Bank of America • Weinberg, Roger & Rosenfeld   SIMEON Commercial Properties invested in this high-rise office building in 2000 with Rockwood Capital. At the time of the acquisition, the Oakland office market was expanding and rental rates were climbing. The building was well positioned to take advantage of the growth in the market as the existing rents were well below market and 25% of the leases were projected to roll over before 2003. This transaction was awarded the "Best Office Sale" for Oakland in 2000 by the San Francisco Business Times.