The San Francisco call., 1906-06-11
REALTY Squirt
HITS OAKLAND
Business Locations IN
Great Demand Since
the Big Fire.
Upward Tendency Is
Strong OverLarge Sec
ton of the City.

OAKLAND. June lo.--In the readjust-
nasnt Of conditions along the east
shores Of san Francisco Bay, growing
out OF the recent disaster, the realty
market has necessarily taken squirt
forward. Demand for business loca-
tions. both for temporary and perma-
rent service has caused an upward ten
oepcy throughout that portion of the
CITY south of Twenty-second street and
between Clay and Harrison streets.
This does not include all of the water
front which is being looked upon as
desirable.
In the retail business district Of
fce and store room is being TAX
en- as RAPIDLY as accomOmdStions
can be provided. Many firms, es-
tfnated at not less than 1900
have been compelled to take quarters
which they viii occupy as centers Tor
some time 10 come. This demand has
resulted. as a matter Of course, IN an
appreciation of rental values, some OF
which have appeared to be rather above
the actual necessities. In the hrst rush
for shelter the figures were lifted in
some Instances too high. IN the process
OF adjustment q more satisfactory basis
viii be reached, though the standard OF
values must OF necessity be higher than
before the influx from san Francisco
Real estate brokers declare that the
demand for dwellings is beyond the
supply that the available residences.
including fats. cottages. apartments
and others. was exhausted soon after
the fire and the inquiry does not abate.
This has led TO a stimulation OF the
movement in residence sites, and much
attention is being given TO this class OK
realty. Business and factory locations
are in demand. much of the unoccupied
land along the water front or near the
railroads being taken Leases of sites
for warehouses form an important fea-
ture OF the new conditions. Reports
from the Recorders office show heavy
increase over last year in realty trans
actions. Though this increase is evi-
dence OF the coming new population.
comparisons indicate that Oakland has
been forging ahead for several years at
a heavy rate There is a steady growth
not attributable TO the sudden call upon
the city's resources from the burned
out population across the bay.
Both Alameda and Berkeley share in
the. advance of property values. In
Alameda there has been very heavy
call for residences Estimates based
upon postal receipts and business point
to 5000 increase in population in the
Encinal City. Berkeley shows net only
an active inquiry for residences, but a
strong demand for factory and ware
house accommodations along the west
shore. Now the cry there is for dock
ing and wharf facilities for the new
corners.
:, Among large enterprises projected is
the erection OF an arcade structure to
combine the Twenty second sta
tdon of sthe Key Route at Broadway
with an extensive series of stores The
building will front on Broadway for 200
feet, the station and tracks occupying
the center.
Suburban towns are making a bid
for population. Small orchard tracts
are in demand for homeseekers who
desire to be in close touch with the
larger centers.
Among recent changes in real estate
firms is the announcement of R. A Ber-
~ L. Co. of Berkeley as successors to
Berry G. Wehe.