The San Francisco call., 1906-06-25
REALTY MARKET
REMAINS ACTIVE
Steady Values Shown in
Deals on East Side
of the Bay.
Demand for Locations
Extends Oakland's
Shopping Center.


OAKLAND. June 24.-ReaI estate
conditions on the east side of the bay
are marked by much activity in all
lines OF holdings. Transactions in
properties show a steadiness of values
and brokers nnd no difficulty in han
ding both business and residence
sites. The pressure upon the retail
district for desirable locations is fore
ing gradual extension of the terri
tory occupied as the shopping center.
Many dealers are preparing plans to
meet tho demand of homeseekers,
which is spreading over the city. Berk-
eley and Alameda included. Prominent
among the new building projects is
that OF the State Savings Bank. which
is constructing building on the west
side Of Franklin street. between Thir-
teenth and Fourteenth to be occupied
by Uhl Brothers, r. H. Chamberlain
and other Arms Preliminary work
on the new bank block of the Oakland
Bank OF Savings, Twelfth street and
Broadway, has been commenced. The
design. will cost s35o,o00. Mahoney
Brothers are the contractors and @.
w. Diokey the architect. The building
will have fifty feet frontage on Broad
way and $50 feet on Twelfth street:
The building will be steel frame,
with metal and stone inishings
throughout. The only wood will be
the mahogany ONCE httings
CLAREMoNT HOTEL.
The projection of the Claremont
Hotel and OF the Lakeshore Hotel re-
port satisfactory progress with those
enterprises.
Large warehouses for San Francisco
firms are being rapidly erected in the
vicinity of Sixteenth station.
Work of repairs will shortly be COM
menced on the two buildings of the DR..
Samuel Merritt Hospital.
College Hall, the birthplace of the
University OF California, at Twelfth
and Harrison streets, is. to be sup
planted by a business block to contain
fifteen stores. A. J. Snyder, the promi-
ncnt realty broker, recently purchased
tho site.
Building permits issued for the last
sixty-one days number $50.
Negotiations are being carried on for
the erection of a modern hotel by
Charles Newman former proprietor of
the Russ House in San Francisco, and
Mrs Harriet Marks of 1857 Alice street.
If the site desired at the corner of
Twelfth and Franklin streets can be
secured the work on the new hostelry
will be started as soon as possible,
Mark S. Armstrong, formerly man
ager OF the Kern County Abstract
Company Of Bakersfield. and the Napa
County Abstract Company of Napa, has
become assistant manager for George
s. Austin, the realty broker. Austin
has in hand plans for the erection of
large number of moderate-priced
dwellings. Never In my years of eX-
perience in this field has real estate
been SO promising" said Austin in re-
viewing the situation. Our business
t. IT, t.. 1Ag
The Laymance Real Estate Company
has placed upon the market an ex
ceptional list of high-class properties,
notably many fine residence sites
BERKELEY TRACT SOLD.
A sale of Berkeley real estate was
consummated yesterday by Mrs. Helen
L. Kelly when she negotiated a deal
between W. J. Sinclair whereby he
sells to W. F. Detert, w. P. Frick and
Edward Eccleston twenty acres of land
on the southwest corner of San Pablo
avenue and Holyoke street The land
is to be subdivided and laid off into
town lots.
The Golden Gate Cracker Company
has completed plans for the construc-
tion OF factory at Cedar and Taylor
streets, West Oakland, to employ 200
persons.
The old Mckee home at 1892 Adeline
street, one Of the earliest homesteads
in this city, has been sold to August
Welander of Tillman & Welander The
McKees have taken their new home at
Piedmont.
Feather & OBrien have bought out
the realty firm of Anderson & Ross
Fruitvale. d. D. Feather has been
In the real estate business there for
some time. Matthew O'Brien was con-
nected with the Spring Valley Water
Works for seventeen years in San
Francisco.
Hammond & Hammond of Alameda
are arranging to subdivide a large
tract on Union street and San Jose ave-
nue., Alameda. a choice homesite loea-
tion.
Francis Harper is in this city in the
interests of British capitalists who are
seeking investment around the bay
Harper's headquarters are at the Hotel
Crel1in.
Demand along the water front for
warehouse and manufacturing sites in
ereases. Special attention is being
given to Berkeieys shore line. The
college town is experiencing no let-up
to the demand for residences. while
business blocks are being erected
steadily to meet the growing needs of
this select community. A noteworthy
feature to the buildings in course Of
erection and planned is their artistic
quality.