1221 City Center Photo courtesy of TMG Partners 1221 City Center. Photo courtesy of TMGPartners

OAKLAND, CA—TMG Partners and global investment fund KKR haveexpanded their portfolio here with the purchase of the 1221 CityCenter office building.

The acquisition of the 24-story, 522-000-square-foot downtownoffice building is the second purchase by TMG and KKR in Oaklandthis year. In July, the partnership of San Francisco-based TMGPartners and KKR, which maintains its headquarters in New YorkCity, acquired 1330 Broadway.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.