Uber Technologies Inc. has possibly shaken up the Bay Area real estate market. Although details are unknown as of publication, Uber could announce Wednesday morning the purchase of workspace in Oakland’s former Sears building.
Scheduled to re-open in two years, Uber could be primed to take over the entire building, all 330,000 square feet. A major announcement is expected from Uber on Wednesday morning. There has not been an office building built in Oakland for more than a decade, notes Cory Weinberg for the San Francisco Business Times.
The move is indicative of massive growth by the company. Uber already rents half-million [...]