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Wells Fargo Building
Following completion of the
adjacent Clorox Building, Mr. Brubaker was assigned refinancing and asset
management responsibility for the Wells Fargo Building, a 225,000 square foot
building which was the first element of Oakland City Center. Oakland City Center is a
15-block urban renewal project at Broadway and 14th Street in downtown
Oakland. Most of the 15-block area had been cleared prior to his
arrival. The plan included five office buildings, a hotel and a
regional mall with three major department stores, all directly connected
to the adjacent San Francisco Bay Area Rapid Transit (BART) station at one
end of the project and the freeway at the opposite end.
For Grubb & Ellis
Development Company, Mr. Brubaker raised equity capital
in a second round of financing for the completion of the project,
recasting the existing limited partnership, of which Grubb & Ellis was
sole General Partner, to allow for the admission of additional limited
partners. During that period he also provided asset management,
marketing and leasing services to the project.
Mr. Brubaker returned three
years later to form a partnership with Grubb & Ellis Development Company for the
development of an office building in downtown San Francisco in joint
venture with Bramalea Limited.
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