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Tags and garbage all over the sausage Co
I agree that the property owners Francis Rush and Seth Jacobson should be personally held accountable for this and the several other properties they own in West Oakland.
Article about Seth:
Entrepreneur flips data-center in Oakland
Seth Jacobson is enjoying some tasty profits, and not for the first time.
Still in his early 40s, the East Bay entrepreneur has already sold one successful company, Thai Kitchen, to McCormick & Co.
Now he's made a mint on another deal, a wise bet that Internet data-centers would start filling up again. Jacobson in 2004 bought a 120,000-square-foot data-center at 720 Second St. in West Oakland.
Jacobson picked up the building for close to $10 million within four years of its construction, which had cost at least $25 million, according to Jacobson's broker, Gary Fracchia of NAI BT Commercial. The price was slashed because the dot-com bust left the building only 20 percent full.
With a new tech boom under way, Jacobson has sold the building to data-center operator 365 Main for more than $20 million.
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