The most iconic building in Oakland—the Tribune Tower, which was the tallest building in the city when they added the Venetian-style clock tower in 1923—is converting three floors into flex office space as part of a strategy to reinvent the 22-story building that was home of the Oakland Tribune.

Lee & Associates has announced a deal between Highbridge Equity Partners, which owns the tower, and Regus, a brand of Switzerland-based IWG, the largest global provider of flexible workspaces, to acquire tenants and manage flex space on floors six, seven and nine of the old newspaper building 409 13^th Street in the center of Oakland.

Brokers Cody Kollmann and Jeff Moeller of Lee & Associates San Francisco and Joe McGlynn of Lee & Associates Oakland brokered the deal. Kollmann represented Regus while Moeller and McGlynn represented Highbridge.