Sacramento commercial real estate firm Bluett & Associates said Tuesday that it has completed the sale of the historic, 85,000- square-foot Tribune Tower on 13th Street in Oakland.
The 21-story building, whose clock tower is one of Oakland's most recognizable landmarks, was sold out of receivership for $8 million to CallSocket LP, an Oakland call-center company.
CallSocket said it intends to establish an international call center at the building, which will create 300 jobs. The firm said it also would work to create as many as 2,000 additional jobs in the building over the next several years in a variety of businesses.
Lori Bluett, president of Bluett & Associates, represented the seller, Torchlight Investors. CallSocket was represented by a team of CB Richard Ellis brokers.
Bluett & Associates will stay on to manage the site.
"We are excited about the privilege of stewarding this iconic building into a new use, which will have a positive and meaningful impact on the transitional community of downtown Oakland," Lori Bluett said.
As part of the sale, CallSocket signed a lease for 45 percent of the building.
Completed in 1923, the Tribune Tower was the home of the Oakland Tribune newspaper until 2007.
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