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SF development company buys former Raiders' training facility for $24M
ALAMEDA, JUN 29 – The $24 million purchase supports long-term use by Oakland Roots and Soul Sports Club under a 15-year lease, with sale proceeds shared equally between Oakland and Alameda County.
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Oakland Roots and Soul Soccer Teams Secure Long-Term Lease at Former Raiders Facility
The former Oakland Raiders training facility has been rebranded as the UCSF Health Oakland Roots and Soul Performance Center in a deal finalized Friday by SF-based Redco Development, with the revenue split between the City of Oakland and Alameda County.In a press release, the club notes that the facility, which is located at 1150 and 1220 Harbor Bay Parkway in Alameda, includes an 18,000-square-foot indoor training facility, five acres of sports…
SF development company buys former Raiders' training facility for $24M
A San Francisco real estate development company finalized a $24 million deal Friday to buy the former Oakland Raiders’ training facility. Redco Development, the city of Oakland and the Oakland Roots and Soul Sports Club, a professional soccer organization, also announced that the team penned a 15-year-lease to continue using the facility, which has been its home for the past...
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