Port of Oakland - Newsroom

Port of Oakland's Board of Port Commissioners voted Tuesday, September 4, 2001 to approve the sale of 2.6 acres in the Oakland Business Park to Hensel Phelps. The parcel has dual frontage on Hegenberger and Pardee Roads. Hensel Phelps Construction Company presented the successful bid of $2 million for the land.

Hensel Phelps will be relocating its Northern California headquarters from San Jose to Oakland. They intend to construct a signature "Class A" office building of approximately 40-48,000 square feet on the site.

"We are delighted that Hensel Phelps will be building its new Northern California headquarters in Oakland. Hensel Phelps has a great track record of outstanding performance, having completed well over $1 billion in design-build projects since 1985," said Phil Tagami, President of the Port of Oakland's Board of Port Commissioners. Tagami added, "Hensel Phelps is indicative of the kind of high-quality companies that are discovering Oakland as a great place to do business."

Both the City of Oakland and the Port of Oakland are familiar with Hensel Phelps Construction. Recently completed projects include the City of Oakland Administration Buildings, Martin Luther King Jr. Plaza, University of California Office of the President and the Alameda County Recorder's Building. Hensel Phelps also has a reputation as a good partner with the local community.

"A critical component of the Port's Commercial Real Estate Division's restructure plan is to sell parcels within the Oakland Business Park area to create funding for projects along the waterfront," said Port of Oakland's Director of Commercial Real Estate Omar Benjamin. "The sale of the Hegenberger-Pardee parcel will help finance part of the transformation of the waterfront from Port-related industrial uses to a new urban waterfront, in accordance with guidelines in the Estuary Plan."

The Estuary Plan is a conceptual blueprint for developers. After substantial public input, it was adopted into the Oakland General Plan in June 1999.

"We are looking forward to relocating our Northern California District Office to Oakland," said Jon Ball, Vice President of Hensel Phelps Construction Company. "The Hegenberger site will provide several unique advantages including close proximity to the Oakland Airport and easy access to East Bay communities where many of our employees already live. The site is also centrally located near the majority of our construction projects here in the Bay Area."

Hensel Phelps has an impressive record having worked with Fortune 500 companies, major retailers, government agencies and institutions, hotels, real estate developers, airports, universities and transit systems. The construction company has more than 60 years in the design-build business. Last year Hensel Phelps was the tenth largest general building contractor in the United States.


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