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Gap to Close Oakland Lakeshore Store This Summer

The exit at lease end puts a 10,318-square-foot Lakeshore site on the market.

Overview

  • Gap confirmed its Lakeshore Avenue location in Oakland will shut when the lease expires this summer.
  • A storefront sign offering the space for lease or sale linked to a CBRE listing for the property.
  • The retailer said employees at the store will have the option to transfer to nearby locations.
  • The shop has served the busy Lakeshore corridor for nearly 26 years near Arizmendi Bakery, Good Vibrations, Unleashed by Petco, and Trader Joe's.
  • It is not yet clear who will take over the space, and Gap is set to report first-quarter results on May 28 that could offer broader context.