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Harvest, True North Finalize Sale of Oakland’s Iconic Tribune Tower

Harvest Properties and JV partner True North Management Group divested Tribune Tower in Oakland to Highbridge Equity Partners for reportedly in the neighborhood of $50 million. The historic 20-story City Center asset at 409 13th St. serves as a local landmark and longstanding symbol of the downtown skyline, featuring an original 1920s era clock and namesake fluorescent “Tribune” sign.

Harvest Properties’ Kathryn Collins says, “Two years ago, we saw an opportunity to restore Tribune Tower to its former stature, and are extremely pleased we have participated in the revitalization of this Oakland icon.”

Restoration of the 95,350-square-foot tower and capital investment into base building and tenant improvements, as well as amenities, ultimately produced an award-winning result. Work included a comprehensive seismic retrofit, creative office finishes with high ceilings and expansive windows, and a renovated lobby.

NKF’s Steve Golubchik, Tyler Meyerdirk, David Hosler and Jack Phipps represented the sellers.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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