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Developers in contract to buy Oakland tower site

Two developers are in contract to buy a tower site next to Oakland’s 19th Street BART station, potentially kickstarting construction.

Danville-based Behring Cos. has an option to buy the land at 1900 Broadway, according to an agreement filed in November. The deal hasn’t closed.

John Herr, executive vice president at Lincoln Property Co., said at a Bisnow event on Wednesday that the company is partnering with Behring on the project. It would be Lincon’s first project in Oakland, and the company would join a wave of new developers that are fueling the city’s biggest development boom in decades.

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