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BAY AREA NEWS
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Lakeside Group Buys 243-Unit Asset in Downtown Oakland

7/28/25

Oakland-based Lakeside Group has acquired 100 Grand, a 243-unit Class-A multifamily tower in Oakland. The property is located at 100 Grand Ave, just east of Broadway and a couple of blocks from Lake Merritt. The price was not disclosed.

Planned enhancements to the building by the new ownership will be coordinated with Northlake—a privately funded effort in partnership with the City of Oakland and the Uptown Downtown Business Improvement District. The upgrades will enhance public safety, boost local businesses, and re-activate the area as an engaging, 24/7 neighborhood with events and programming.

The Northlake District spans 20 city blocks and includes a dense concentration of Oakland’s key assets, which includes more than 45% of its Class A office space, over 2,600 apartment units, and one of its most vibrant retail corridors. The intersection of active public spaces, homegrown restaurants and retailers, and visible activation efforts, Northlake is emerging as a model for how private investment can work with local government and community to drive positive outcomes through collaboration and place-based investment.

The transaction was facilitated by JLL Capital Market’s Sales and Advisory team, led by Matt Kroger, Brandon Geraldo, Ryan Wagner, Fatai Alashe, and financed by JLL’s Debt Team, consisting of Jordan Angel and Matt Cimino.






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