OAKLAND — Twitter has signed a lease to occupy a big chunk of space in downtown Oakland that will enable the social media giant to operate with a hybrid office model crafted for the COVID era.
The tech company has leased 66,000 square feet in an office tower at 1330 Broadway in Oakland, Twitter and the owners of the highrise said Friday.
“Oakland was a natural choice for us as part of our expansion within the Bay Area and will be among our first spaces designed with a completely hybrid work model in mind,” Tracy Hawkins, Twitter’s vice president of real estate, workplace and remote experience, posted in a tweet on Friday.
Separately, Twitter intends to open an office soon in San Jose in that city’s Santana Row complex.
San Francisco-based Twitter said it will open the new office in downtown Oakland in 2022.
The 1330 Broadway tower where Twitter has leased space is owned by a venture of TMG Partners, a Bay Area development company; and KKR, an investment company with a global reach.
“The Oakland office market has maintained strong tenant demand from companies both growing their footprint in Oakland and those looking to move to Oakland for its strong workforce, diverse lifestyle, entertainment options, transportation, and ample housing options,” said David Cropper, TMG’s director of development.
TMG and KKR were represented by John Dolby of commercial real estate firm Cushman & Wakefield. Twitter was represented by Christina Clark and Matt Lehman of Cresa, a commercial real estate firm.
Office space of this size could typically accommodate 330 workers. It’s not known what Twitter’s hybrid model would countenance in terms of the number of employees.
Twitter agreed to occupy four full floors through the lease deal, TMG and KKR said.
The tech company noted that despite its leases in Oakland and San Jose, the company doesn’t intend to exit San Francisco altogether.
“Twitter was born in San Francisco and we’ll always have a home here,” Hawkins said. “We’re continuing to look at ways to support a more distributed workforce and better meet our employees and talent where they are and where they want to be.”
KKR and TMG presided over a wide-ranging renovation of the 1330 Broadway office tower to increase its appeal to tenants.
A new main lobby and building entrance, new common area revamps, major modernization of the elevators, upgraded conference facilities, improvements to bike parking, and new commuter showers were key features of the facelift.
“Twitter’s expansion into Oakland demonstrates that major employers are still drawn to our city’s unique cultural amenities and creative energy,” Oakland Mayor Libby Schaaf said.
Several Twitter employees, in replies to the Hawkins tweet, embraced the upcoming office in downtown Oakland.
“Yes! Gonna be able to walk to work!” Lisa Jennings Young, a manager of content design at Twitter, posted in a reply regarding the new Oakland office.
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