TMG Partners announced it has signed a six-year lease with Oracle for 16,000 square feet at 1330 Broadway.
The 18-story, 328,427-square-foot Downtown Oakland office building will accommodate the Redwood City-based tech corporation on the 17th floor.
The Class A office building was originally constructed in 1958 and is LEED Gold certified. The property includes multi-level parking and first-floor retail and offers great views of the East Bay, San Francisco and the Marin Headlands. Renovation efforts carried out by TMG include a new main lobby and building entrance, new common area finishes, major modernization of building systems and elevators, refurbished conference facilities, enhanced bike parking, and commuter showers.
Oracle’s 1330 Broadway lease is part of company efforts to expand into the East Bay, and for those who live there, the building’s close proximity to the 12th Street Oakland BART station and bus lines will provide increased convenience.
David Cropper, director of development with TMG Partners, stated the developer is “pleased to see that Oracle is expanding its presence in Oakland, and has chosen 1330 Broadway as we are nearing completion of our redevelopment of the project. TMG has been active in the East Bay for decades and we are proud to have restored this wonderful building while creating a home for one of the Bay Area’s most successful technology companies.”
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