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The U.S Department of Veterans Affairs has committed to 57,000 square feet at 1950 Franklin St. in Oakland, Calif., marking the biggest office lease in the city since 2021, the San Francisco Business Times reported.

The 450,000-square-foot property is under Behring Cos.’s ownership. The firm bought the asset from Kaiser Permanente in September 2024 for $14.4 million, according to CommercialEdge information. The transaction included an adjacent, 255,098-square-foot, eight-story parking garage.

Completed in 1975, the 21-story office building features 21,286 square feet average floorplates. Since acquiring the property, Behring has intended to renovate it to match the standards of 1900 Broadway, another asset owned by the company, located across the street. The two properties are linked by an elevated skybridge and provide access to the BART Station on 19th Street.