CMCT extends lease with Kaiser Foundation Health Plan on 236,692 sq ft through 2027

Creative Media & Community Trust Corp

Lease extension effective Dec 30, 2024, covers all 236,692 rentable sq ft at 1 Kaiser Plaza, Oakland.
Prior staggered expirations: 152,996 sq ft was set to expire Feb 2025; 83,696 sq ft in Feb 2027; now consolidated to Dec 2027.
Contractual base rent: $11.6M in 2025, $12.0M in 2026, $9.3M in 2027 (includes three months abatement in 2027).
Kaiser Foundation Health Plan is CMCT's largest tenant; this extension reduces near-term lease rollover risk.

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