April 15, 2019
Ellis Partners signed a 106,000-square-foot lease with Credit Karma at 1100 Broadway in Oakland. The financial services technology firm will take five floors and a roof deck at the Key at 12th office tower, now under construction in downtown next to the 12th street BART station.
The company plans to retain its HQ in San Francisco at 760 Market St, and cited proximity to top talent and nearby transportation connections as factors driving the decision to expand into the East Bay. BART will allow workers at the two company employment hubs to easily connect.
The 18-story 334,000-square-foot project encompasses a renovation of the 1911-built Key System Building, vacant since the 1989 Loma Prieta earthquake. Ellis Partners acquired the vacant development site and historic building in 2017.
JLL’s Chris Roeder, Sam Swan and Jon Elder are handling the leasing at the Gensler-designed building. Credit Karma plans to move into the space in 2020.
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