Subject:
Title
Closed Session - Conference with Real Property Negotiators
MTC will meet in Closed Session pursuant to Government Code Section
54956.8: to confer with real property negotiators to discuss a potential
commercial purchase and sale agreement as follows:
Property: 101 - 8th Street, the MTC Condominium Unit consisting of the
entire 2nd and 3rd floors and the ABAG Condominium Unit consisting of
a portion of the 1st floor, subject to MTC/BAHA acquiring the unit, and
the Cafeteria, Meeting, Parking and Library Tenancy in Common units,
Oakland, CA 94607
Agency Negotiators:
For MTC: Metropolitan Transportation Commission, Cushman &
Wakefield
• MTC Negotiators: Steve Heminger, Executive Director, Andrew
Fremier, Deputy Executive Director, Brian Mayhew, Chief Financial
Officer, Teri Green, Director
• Cushman & Wakefield Negotiators: Mark McGranahan, Managing
Broker and Ryan Hattersly, Executive Director
Negotiating Parties: MTC with broker Cushman & Wakefield and East
Bay Asian Local Development Corporation for itself, Asian Health
Services (AHS), an AHS affiliate, and/or a joint venture formed by East
Bay Asian Local Development Corporation and AHS and/or its affiliate
(collectively, “EBALDC”) with advisor Carolyn E. Johnson and counsel
Goldfarb & Lipman LLP
Under Negotiation: Both price and terms