other material
confidence high
sentiment positive
materiality 0.60
CMCT largest tenant at 1 Kaiser Plaza signs LOI to extend 152,966 sq ft through Feb 2027
Creative Media & Community Trust Corp
- Non-binding LOI to extend 152,966 rentable square feet of office space at 1 Kaiser Plaza, Oakland, CA.
- New expiration February 2027, replacing previously scheduled February 2025 expiry.
- Extension covers all of the tenant's square footage expiring in 2025.
- Company expects to execute a definitive lease but no assurance of final terms yet.