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Rubicon Point Partners has acquired the Rotunda Building in Oakland from Rotunda Partners II. The 300,000-square-foot office building is know as the Crown Jewel of Oakland and one of the best examples of Beaux-Arts architecture. Rubicon plans to revitalize the property and implement a sustainability plan to reduce the property’s carbon footprint.

As part of the revitalization, Rubicon will launch a work-from-here program with amenities that are not available in a home-office environment. The amenities include a fitness center, common areas and collaboration infrastructure to accommodate a hybrid workforce. “We look forward to implementing an improvement plan that will honor its history but also modernize it to allow for a new generation of companies to thrive,” said Ani Vartanian, Rubicon’s co-managing partner in a statement about the firm’s revitalization plans.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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