The Wells Fargo Building, a 225,000 square foot building was the first element of Oakland City Center. Oakland City Center is a 15-block urban renewal project in downtown Oakland. 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.
Mr. Brubaker was assigned refinancing responsibility for the Wells Fargo Building, a 225,000 square foot building which was the first element of Oakland City Center. He raised equity capital from a private San Francisco investment group 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. Mr. Brubaker also provided marketing, leasing and asset management to the project.