The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1906-12-03
Alameda County Realty Booms
Despite the Holiday Season
Demand Is as Brisk
as at Any Time
in Six Months

OAKLAND, Dec. 2.--Contrary to con-
ditions in former years, the opening of
the holiday season, which has in the
past always caused a marked lull in
the operations of the Alameda County
real estate market, local real estate
men declare that so far no effect has
been felt on the market the demand
for Oakland and Alameda County
property being at this time as brisk
as at any time in the last six months.
Many large sales of real estate have
been recorded in the last week, and a
number of brokers report important
deals pending which will be closed
within the next few days.
One of the largest of the transac-
tions reported last week was made
public yesterday by George w. Austin,
who sold the w. P Fuller building,
on the north side of Twelfth street,
between Broadway and Franklin
streets, to a local investor. the pur-
chase price being more than 100000.
The Fuller Company has secured the
use of the building for another year,
and will continue to occupy it until
its new building at Tenth and Alice
streets is completed.
The property just sold adjoins that
of the Oakland Bank of Savings, and
is one of the most valuable business
properties in the city. The sale is re-
garded by real estate dealers as one
of the most important of the present
year Concerning the present condi-
ton of the Oakland real estate mar
ket, Austin said today
LARGEST SALE OF WEEK.
The sale of the Fuller property, on
the north side of Twelfth street, next
to the magnificent building now being
erected by the Oakland Bank of Say
ings, is the largest sale of this week,
and was made through my office. 1t in
wolves more than 100000, and shows
the immense confidence of investors.
Six months ago this property was on
the market for $4,000, which was
thought at the time to be a prohibitiye
figure The present owners have al
ready, though not in possession more
than a week, received an offer in ad-
vance of the price paid.
The recent development on FRANKLIN
street is simply marvellous, and before
long it bids fair to be another Broad
way.
Beginning with the new Tribune
building, this street has been taken up
for business purposes clear out to Fiji
teenth street where the big block of
the Sunset Telephone Company is To-
Gated. The Bruner concrete building,
six stories high, will soon be ready
for occupancy. the new rooming house
between Eleventh and Twelfth is al
ready occupied, the new bank building
at Thirteenth and Franklin streets is
putting its structural steel in position,
and the excavation is about com
pleted for the magnificent st. Marks
Hotel. The Southern Pacific Company
is already at work on the ground pre-
pairing for the erection of its mann
moth offices at Thirteenth and Frank
lin streets, and it can only be a mat
ter of a short time before the trustees
of the First Presbyterian Church will
realize that they will be serving the
best interest of all concerned by dis
posing of their very valuable block and
erecting a magnificent church edifce
on some other location.
BUILDING rs ACTIVE
Building operations in Oakland are
keeping pace with the activities of the
real estate market. During the last
week permits have been issued by the
Building Inspector for the erection of
new buildings within the city limits
of Oakland, the total value of which
is s273,520. Included are permits for
four story brick apartment and
theater building, a three-story lodge
building, six two-story fiat buildings,
and nine two-story dwellings.
A new real estate company Of this
city, which has already met with
marked success in the local field, is
the NJ T. Minney Company, which has
just arranged to open spacious of
fees in the store at present occupied
by the Novelty Candy Company, on
Broadway, between Eleventh and
Twelfth streets. M T. Minney, the
president of the company, is compara-
lively newcomer in the Oakland real
estate business, having been in this
cess in the handling of real estate has