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

OAKLAND, CA—TMG Partners and global investment fund KKR have expanded their portfolio here with the purchase of the 1221 City Center office building.

The acquisition of the 24-story, 522-000-square-foot downtown office building is the second purchase by TMG and KKR in Oakland this year. In July, the partnership of San Francisco-based TMG Partners and KKR, which maintains its headquarters in New York City, acquired 1330 Broadway.

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John Jordan

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

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