Current Investments
201 Toland St / San Francisco, CA 94124 / 30,000 SF value-add industrial
- ±30,000 SF in-fill truck terminal situated on 2.75 acres (0.24 FAR)
- Acquired March 2020 in Lift Partners Fund I
- Located in the supply constrained San Francisco submarket, with easy access to both downtown San Francisco (~2 miles) and the Peninsula
- Zoned PDR-2 allows for a 6.0 FAR with a 80’ height limit
- Creative industrial reposition underway, currently 64% leased
301 Toland / San Francisco, CA 94124 / 109,000 SF value-add industrial
- 109,000 SF industrial building situated on 2.76 acres
- Acquired March 2020 in Lift Partners Fund I
- Located adjacent to 201 Toland St in the supply constrained San Francisco submarket.
- Zoned PDR-2 allows for a 6.0 FAR with a 80’ height limit
- Creative industrial reposition underway, currently 84% leased
777 139th Ave / San Leandro, CA 94578 / 24,720 SF value-add industrial
- 24,720 SF industrial building situated on 1.34 acres (0.43 FAR)
- Acquired February 2020 in Lift Partners Fund I
- Located in the San Leandro submarket with close proximity to Interstate 880, the Port of Oakland, and the Oakland International Airport
- 100% leased
3202 Investment Blvd / Hayward, CA 94545 / 49,520 SF value-add industrial
- 49,520 SF industrial building situated on 3.6 acres (0.32 FAR)
- Acquired January 2020 in Lift Partners Fund I
- Located at the midway point of the Interstate 880 industrial corridor in Hayward, two blocks from the Highway 92 / San Mateo Bridge onramp with direct access to Silicon Valley
- 100% leased
7845 & 7855 S 212th St / Kent, WA 98032 / 35,136 SF value-add industrial
- Two industrial properties consisting of 35,136 SF on 3.2 acres (0.25 FAR)
- Acquired December 2019 in Lift Partners Fund I
- Located in the North Kent Valley adjacent to South 212th Street, the central thoroughfare of the Valley
- Creative industrial repositioning underway, currently 70% leased
5201 1st Ave South / Seattle, WA / 98108 / 26,420 SF value add industrial
- Three buildings consisting of 26,420 SF occupying an entire city block
- Acquired December 2019 in Lift Partners Fund I
- The property is located in the heart of the SODO business district in Seattle, situated on 1st Avenue South with direct access to the stadium district and downtown Seattle
- Zoned IG-85 which allows for a broad range of commercial uses (includes retail and office) and a maximum height limit of 85’
- Creative industrial repositioning underway, currently 47% leased
1950 Marina Blvd / San Leandro, CA / 106,000 SF Value-Add Industrial
- 106,000 SF sitting on 5.12 acres (0.48 FAR)
- Acquired October 2019 in Lift Partners Fund I
- Located in the highly desirable submarket of San Leandro with close proximity to I-880 along with the Port of Oakland and Oakland Airport
- Post closing increased occupancy from 0% to 100%
6000 3rd Street / San Francisco, CA / 90,000 SF Value-Add Industrial
- 90,000 SF of land with a 45,000 SF industrial building
- Acquired November 2019 in Lift Partners Fund I
- Creative industrial repositioning underway
- The property is located in the supply constrained San Francisco market and sits on the 3rd Street corridor with easy access to Downtown SF and the Peninsula
- Zoned PDR 2 allows for a 5.0 FAR with a 65’ height limit
22445 76th Ave / Kent, WA / 100,337 SF Value-Add Industrial
- 100,337 SF Value-Add Industrial
- Acquired May 2019 in Lift Partners Fund I
- The Property is located in the North Kent Valley submarket of Seattle and benefits from 32’ foot clear height and 4,000 amps of 277/480 power
- 100% leased
820 South Adams / Seattle, WA / 36,000 SF Value-Add Industrial
- Acquired March 2019 in Lift Partners Fund I
- The property was built in two phases (1950’s and 1990’s) and benefits from a clear span warehouse and ‘creative’ industrial character
- Located just outside of Downtown Seattle and directly adjacent to Interstate 5, the Property offers excellent last mile access to downtown Seattle and other population centers via I-5, I-405 and Route 167
- Post closing increased occupancy from 22% to 100%
1206-30 Andover Park East / Tukwila, WA / 79,061 SF Value-Add Industrial
- 3 buildings totaling 79,061 of value-add industrial
- Property is 72% leased to Port Plastics and Cort Furniture. Mark-to-market and creative industrial rebranding underway.
- The Property has 22-24’ clear height with 13 docks doors and one grade level access across four units. In addition, the Property has an additional 37,000 SF of usable land.
- Located in the Tukwila submarket of Seattle MSA with excellent access and visibility
- Post closing increased occupancy from 72% to 100%
7416 South 228th St / Kent, WA / 48,580 SF Value-Add Industrial
- 48,580 SF Value-Add Industrial
- Property is 100% leased to Pacific Metals which is a fully owned subsidiary of Reliance Steel & Aluminum (NYSE: RS)
- Located in Kent valley submarket of the Seattle MSA
- 100% leased
2070 Newcomb Ave / San Francisco, CA / 20,000 SF Value-Add Industrial
- 20,000 SF Value-Add Industrial
- Acquired January 2019 in Lift Partners Fund 1
- The building benefits from 28’ clear height, 5 grade level doors and heavy power
- Located ~4 miles outside of Downtown San Francisco and adjacent Pro-Logis (NYSE: PLD) multi-story development, that can serve CBD San Francisco and the Peninsula
- Post closing turned over 63% of the rent roll to market rate, 100% leased
2500 Old Middlefield Way / Mountain View, CA / 22,000 SF Value-Add Industrial
- 22,000 SF Value-Add Industrial
- Acquired December 2018 in Lift Partners Fund 1
- The building benefits from suite sizes ranging from 2,000-4,000 SF with good mix of warehouse and office/R&D space, retail frontage with visibility along Old Middlefield Way and parking in excess of 3/1,000 SF
- Located near San Antonio Road and Palo Alto-Mountain View border, the building is in irreplaceable peninsula location within 0.5 miles of the Caltrain stop
- Post closing turned over 91% of the rent roll to market rate, 100% leased
4901 Airport Way South / Seattle, WA / 7.2 Acre Value-Add Industrial with 28 Door Truck Terminal
- 7.2 Acre Value-Add Industrial with 28 Door Truck Terminal
- Acquired November 2018 in Lift Partners Fund 1
- The property was purchased from corporate user MacMillan-Piper, Inc.
- 4901 Airport is one of the last remaining functional truck terminals within the city of Seattle with high visibility along Airport Way and I-5
- Located in the SODO submarket within City of Seattle, the site is well positioned for continued last mile delivery or redevelopment opportunities
100 Utah Ave / South San Francisco, CA / 120,000 SF Value-Add Industrial
- 120,000 SF Value-Add Industrial
- Acquired February 2018 with Pacific Coast Capital Partners (PCCP)
- Property was acquired from a corporate user and post acquisition signed a lease with Goodwill to occupy 100% of the Property
- The building benefits from substantial recent capital improvements including ESFR, T5 lighting, new office pod, Seismic Retrofit, 1600 AMPs power and secure rear/side yard
- Located adjacent to Highway 101, a half mile from San Francisco International Airport
Parker Street Portfolio / Berkeley, CA / 41,000 SF Value-Add Office Portfolio
- 41,000 SF Value-Add Office Portfolio
- 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
- The campus buildings benefit from from tall exposed timber truss ceilings, sash windows, ample onsite parking and outdoor amenity space in center courtyard
- Located in West Berkeley with close proximity to the Berkeley Bowl and surrounding Fourth Street retail amenities
7911 Herschel Ave / La Jolla, CA / 37,000 SF Value-Add Office
- 37,000 SF Value-Add Office
- Acquired January 2015 with McCarthy Ranch
- 4-story building that was 32% occupied at acquisition with entire building expiring in the first year
- Reposition complete with exposed ceiling creative office buildout, new lobby and outdoor amenity spaces
- Stabilization reached from anchor leases with Kopari Beauty and The Lambesis Agency
- Located in heart of La Jolla Village near countless amenities. The surface parking lot provides opportunity for future development