The crew was near a boutique that was burglarized earlier this week.
The guard is undergoing surgery at Highland Hospital and is reportedly now in stable condition.
VIDEO: Dozens of burglars run through Oakland clothing store in latest Bay Area retail heist
Star Protection Agency California confirmed that one of its employees was involved in an incident Wednesday but could not provide more details.
Local media outlets routinely use security guards out in the field.
Police are offering a $7,500 reward for information leading to an arrest.
Bay City News contributed to this report.
OPD is investigating an attempted armed robbery and shooting of an armed security guard. The incident happened today just before 12:30PM in the 300 block of 14th Street. The security guard was struck by gunfire as he was accompanying a media crew who was working on a news story. pic.twitter.com/0n95nF7Met— Oakland Police Dept. (@oaklandpoliceca) November 25, 2021