A SAN FRANCISCO REAL ESTATE development company finalized a $24 million deal Friday to buy the former Oakland Raiders’ training facility.

Redco Development, the city of Oakland and the Oakland Roots and Soul Sports Club, a professional soccer organization, also announced that the team penned a 15-year-lease to continue using the facility, which has been its home for the past four years. 

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Kiley Russell writes primarily for Local News Matters on issues related to equity and the environment. A Bay Area native, he has lived most of his life in Oakland. He studied journalism at San Francisco State University, worked for the Associated Press and the former Contra Costa Times, among other outlets. He has covered everything from state legislatures, local governments, federal and state courts, crime, growth and development, political campaigns of various stripes, wildfires and the aftermath of Hurricane Katrina.