fbpx

competencies
in this project.

  • Collaborative Workspace
    Collaborative Workspace
  • Community Gathering Space
    Community Gathering Space
  • Educational Enhancement
    Educational Enhancement
  • Events & Entertainment
    Events & Entertainment
  • Health & Wellness
    Health & Wellness
  • Interim Activation
    Interim Activation
  • Neighborhood Investment Strategy
    Neighborhood Investment Strategy
  • Private Equity
    Private Equity
  • Sustainable Foods
    Sustainable Foods
Explore all
competencies

Share this story

EmailTwitterLinkedInFacebookPinterest

Opportunity

We recognized the viability of the 30k SF self storage facility in Rincoln Hill - the highest grossing submarket in San Francisco. This is a prime location in close proximity to transit, bridge access, and beautiful waterfront views.

Approach

In 2014, we acquired the facility consisting of 303 storage units and took the opportunity to develop 140 residential units. Similar to 777 Brannan, we applied a hands-on approach to the facility management by leveraging the expertise of StoragePRO.

Results

We re-leased the office space in the building to a high-quality creative tenant at market rent which allows us to create significant value relative to the previous below market lease. We pursued the entitlement and development of a 130 residential apartment unit project on site.

Share this story

EmailTwitterLinkedInFacebookPinterest