Acquired December 2017 with Blackbird Investment Group & Acre Valley Real Estate Capital LLC.
Three building portfolio at 918 Parker, 2607 7th St and 2612 8th St consisting of 18 tenant suites with adjacent parking lot. Property was 80% leased at acquisition.
With tall exposed timber truss ceiling, sash windows and dramatic SF Bay views, the former Foundry buildings are great creative office solution with close proximity to amenities, ample onsite parking and outdoor amenity space in center courtyard. Reposition currently underway. The parking land site provides opportunity for future development along with 2619 7th St land parcel acquired previously as part of Berkeley Brass acquisition.
Located in West Berkeley with close proximity to the Berkeley Bowl and surrounding Fourth Street retail amenities.