Previous Investments
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
2010-2020 Williams St / San Leandro, CA / 438,000 SF Value-Add Industrial
- 438,000 SF Value-Add Industrial
- Acquired November 2017 with Westbrook Partners
- Property is 100% leased with short-term below market leases in portion of the project and long-term leased to 21st Amendment Brewery as its headquarters. Mark-to-market and creative industrial rebranding underway
- The property was built in 1951 for Kellogg’s Frosted Flakes operation and benefits from excellent power/water service and ‘creative’ industrial character with clerestory windows, barrell roofs and boardform concrete/steel construction
- Located in San Leandro submarket adjacent to the Port of Oakland, Oakland Airport, serviced by Rail and access via I-880 Marina exit
1800 Williams St / San Leandro, CA / 13,000 SF / 1.7 Acre Value-Add Industrial
- 13,000 SF / 1.7 Acre Value-Add Industrial
- Acquired October 2017 with private investors
- Property was vacant at time of acquisition, sold from corporate user/family and is currently available for lease
- The property benefits from unique direct visibility along I-880 freeway with excessive yard space available
- Sold in 2019
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
200 SW Michigan St / Seattle, WA / 82,000 SF Value-Add Office / Industrial
- 82,000 SF Value-Add Office / Industrial
- Acquired September 2015 with Blackbird Investment Group & Acre Valley Real Estate Capital
- 3-story building purchased out of receivership and was 100% vacant at time of acquisition
- Built in 1929 as Boeing’s original HQ, Plant 1 benefits from brick and beam construction, sash windows and exposed ceilings
- Leased to the Seattle Mart, an association of wholesale showroom tenants
- Sold in July 2017
Berkeley Brass 2619-2629 Seventh St / Berkeley, CA / 22,380 SF Value-Add Office & Industrial
- 22,380 SF Value-Add Office & Industrial
- Acquired July 2016 with Acre Valley and Blackbird Investments
- 20% occupied at acquisition. Post acquisition leased the balance of the space to Enchroma (www.enchroma.com)
- Sold June 2018
1815 East D St / Tacoma, WA / 98,300 SF Value-Add Industrial
- 98,300 SF Value-Add Industrial
- Acquired November 2016 with Blackbird Investment Group and Acre Valley Real Estate Capital
- Post acquisition blend and extended existing tenant on a long term lease
- Sold September 2018
1 West Santa Clara / San Jose, CA / 100,000 SF Value-Add Office
- 100,000 SF Value-Add Office
- Acquired August 2016 with Westbrook Partners
- Sold August 2018
325 South First St / San Jose, CA / 35,270 SF Value-Add Office
- 35,270 SF Value-Add Office
- Acquired August 2016 with Westbrook Partners
- Sold August 2018
52 East Santa Clara / San Jose, CA / 32,000 SF Value-Add Office
- 32,000 SF Value-Add Office
- Acquired August 2016 with Westbrook Partners
- Sold December 2018
6655 Hollis St / Emeryville, CA / 24,000 SF Value-Add Industrial
- 24,000 SF Value-Add Industrial
- Acquired November 2017 with Acre Valley and Blackbird Investments
742 Grayson St / 65,000 SF Value-Add Industrial / Office / Berkeley, CA
- 65,000 SF Value-Add Industrial / Office
- Acquired December 2017 with Acre Valley and Blackbird Investments
30526 San Antonio St / Hayward, CA / 148,935 SF Value-Add Industrial
- 148,935 SF Value-Add Industrial
- Acquired February 2016 with Morgan Stanley
- Post acquisition leased 100% of the Property to Rapid Display’s (www.rapiddisplays.com)