The San Francisco call., 1906-06-18
NEW CONDITIONS
BRING IMPETUS
Real Estate Very Active
IN Cities Across
the Bay.
Great Demand Both for
Business Sites and
Home Lots.

OAKLAND. June I'm the read
justment of new conditions in this city
the real estate market has felt the
sudden demand for residence and busi-
ness locations. Notably the south side
has forged to the front in the selection
of quarters for the great influx of
Chinese. The district from Ninth
street to the bay and from Webster
to Harrison streets has been invaded
by the newcomers, who are not only
leasing, but buying extensively in that
section. This is one of the signs by
which the normal .Oaklander is learn
ing that new deal is on in the east
side city.
This, merely by way of remark, does
not evidence the only reason for the
stimulus The steady inrush of popu-
lation, permanent or temporary, as the
case may be, creates an ever increasing
demand for accommodations. This
brings to the fore the long talked Of
hotel projects which ever and anon find
the light of day. The Realty Syndi-
cate is going TO establish hotel at its
Twenty street Key Route sta
tion at Broadway. This will not he
an elaborate structure 1t will be used
more as a convenience for commercial
travellers than a general caravansary.
A Lake Merritt hotel project in the
hands of n. B. Greensfelder and others
is in the market
For select residence property the
demand is unabated. Many persons
who are just about readjusting them
selves after the fire are undoubtedly
going to make their permanent homes
on this side of the bay There are at
fractions on the east shores of San
Francisco harbor and the real estate
men have no difhculty in finding listen
arg rhfr, 10 10 tp of "
and scenery and the other concom-
itants of desirable residence site.
Speculation as to the increase in
population on this side of the bay leads
to an investigation of the Contra Costa
Water Company's business. The cor
poration's figures are used as a basis
of estimate which gives total of
100000, divided as follows:
Oakland ...-............ zoo, 600
Berkeley $4,000
Alameda 10000
Fruitvale and San Leandro
Creek 10000
Emeryville and Stockyards. -. 5000
Total 26o, 900
Water Company officials estimate an
increase of 80 per cent in Oaklands S
population.
Among important new building
projects is that of Porter Lodge No.
272, l. o. O. r., which is behind the
Porter Hall Association to erect a
100000 Odd Fellows Temple at Nine
teenth and Grove streets.
Realty brokers are unanimous in the
belief that substantial and permanent
increase in values for business prop
erty is resulting from the new demanh
This uplift in prices had begun long
before the fire. 1t was further stimu-
lated by the demand from the trans
bay people who came this way.
Among recent changes in the real
estate business is the organization of
the firm of Percival & Thompson, gen
eral brokers, at 1112 Broadway.
Thompson, attorney, Spanish war vet
eran and man about town. steps into
the place in the firm made vacant by
the retirement of Harry Belden.
III. G. Mehrtens, a prominent realty
operator of Alameda, succeeds to the
business of Hawks & Mehrtens, at
Railroad avenue and Webster street,
Alameda.
w. L. Busk, formerly of San Fran
cisco, has opened real estate business
at 2549 Shattuck avenue, Berkeley,
Dwight way station.
M. P. w. Albee, a leading real estate
man of Berkeley. has returned from
a trip through Illinois and Iowa.
Park Side, a new tract located near
the entrance to Claremont Park,
Berkeley, has been placed on the mar
ket by Juster & Baird The tract is
beautifully situated and is covered
with pine, redwood and fruit trees.
Juster & Baird are interested in sew
eral Berkeley tracts.