Presidio Bay’s team of professionals has sourced and executed projects totaling 3,200,000 square feet valued in excess of $2,200,000,000 across eight states since 2012.
1045 Bryant Street is a 32,000 square foot mixed-use commercial building located in the South of Market neighborhood of San Francisco, CA. This rare brick-and-timber building was acquired in May 2013, changing hands for only the third time in its 100+ year history. We worked closely with our strategic partner, BCCI Construction, to create a redevelopment plan that would maintain the existing structure while completely modernizing the interior to deliver a working environment suitable for the modern creative, technology tenant. Over a 13-month period, the building was completely gut renovated with interior and exterior work that included substantial demolition and the installation of new HVAC and electrical systems, vertical circulation including a machine-room less elevator system, flooring, energy efficiency systems, security controls, exterior and interior lighting, and complete renovation of the existing store front and windows.
The Overture is a 725,000 square foot development and revitalization project in
the heart of downtown San Diego due for completion in 2019. The new development will activate an unused and unsafe part of the City, abandoned for over 50 years, and transform it into a new
mixed-use space offering retail stores, bars and restaurants, parking and modern urban
Located in the Gaslamp district and immediately adjacent to City Hall, the successfully entitled 40 story high rise tower will offer modern community
amenities and include features such as an architectural light show, while honoring its
past with features like a recreated “California” blade sign. It will make C Street
a destination for those who live, work and play in San Diego.
The 436 Bryant property is an 8,000 square foot office space located in the quaint South Park sub-market, rich with restaurants, amenities, and a newly renovated public park. A 100+ year-old building acquired in dilapidated condition, the property underwent complete renovation to modernize the design and provide optimum building safety, accommodating seismic retrofitting, brand new foundation, windows and up-to-date building systems.
564 6th Street is a 18,500 square foot property located at the I-280 on-ramp, adjacent to the new Flower-Mart planned development. Now servicing as a prototype for other jurisdictions, Presidio negotiated a direct deal with City and County of San Francisco to develop a pilot program Community Assessment and Services Center (CASC), a one-stop reentry center that bridges APD probation supervision services with comprehensive case management, barrier removal, and income benefits acquisition assistance. The CASC co-locates services that build self-sufficiency, including a charter high school, vocational and employment readiness training, mental health, and substance abuse prevention services, batterers’ intervention programs, cognitive behavioral interventions, and meeting space for community partners. The goals of the CASC are to reduce recidivism, build self-sufficiency skills, and increase public safety.
Situated at the heart of the Broadway Theatre and Entertainment District, the seven-story, 72,000 square foot Brooks Building is a retail and residential property located in Los Angeles, CA. Originally opened in 1910, the building was designed in the Renaissance Revival style with glazed terra cotta and Italian detailing, with floor plates and large picture windows framing Broadway.
The Brooks is ripe for a rehabilitation into a mixed use residential and retail building. The Broadway storefronts are optimally designed for re-use as upscale retail spaces, and restaurants with sidewalk seating. The building is expected to include parking; a high-demand commodity on Broadway. And the upper floors are poised for transformation into sophisticated industrial residential rental lofts. The seasoned team of developers are planning to add extra floors to the existing structure in order to meet demand for the sophisticated industrial living space that will set this building apart from all others in the Historic Core of downtown Los Angeles. The first order of business for The Brook’s redevelopment: the removal of a 1960’s era partial brick veneer in order best to spotlight the original features of the building’s spectacular design. The rooftop, with exceptional views of the downtown skyline, will be developed as an exclusive amenity space from where the private residents will be able to enjoy a truly unique view of many of the surrounding architectural gems that characterize the neighborhood’s historic beauty.
Located in the two-block epicenter of the historic Broadway Theatre and Entertainment District, the eleven-story Garland Building has a distinguished past as one of the first buildings built on Broadway. It’s beautiful theatre—one of the oldest in the historic district—has transitioned from live performances to a movie theatre. And in recent years, it even housed a Mexican Wax Museum in its basement.
With respect to the building as a whole, The Garland’s magnificent façade was designed by the famed architectural firm Morgan Walls & Morgan—the same team of architects who brought to Los Angeles such iconic buildings as the Hollywood El Capitan, the famed Mayan Theatre, and Broadway’s majestic Blackstone (Department store) Building. Designed in the Beaux Arts Style, The Garland boasts an exquisite façade of glazed terra cotta veneer and brick masonry, embellished with soaring Corinthian pillars and a rich array of iconic plaster ornamentation that crown all of its upper floor window bays. True to its theatrical origins, the front features a prominent neon theatre marquee sign. The upper floors were designed with the opulence of the 1920’s for use as offices with high ceilings and prominent front windows, replete with marble and custom metal grill work. Closed for use in the 1980’s, the upper floors have remained untouched like a time capsule. Ripe for a magnificent rehabilitation, The Garland is now positioned front and center to become an absolute game-changer in the spectacular renaissance of Broadway’s historic Theatre and Entertainment District. Today, the Globe Theatre space is open for special events. The upper floors are poised for conversion to open-floor rental lofts. And the rooftop, with sweeping views of downtown Los Angeles, promises to become one of the most sophisticated and chic private amenity spaces in the area.
Located in the two-block epicenter of the histor-ic Broadway Theatre and Entertainment District, the eleven-story Garland Building has had a distin-guished, storied past. Completed in 1914, The Gar-land is one of the first buildings built on Broadway. The Globe theatre—one of the oldest in the histor-ic district—has had many incarnations and different names throughout its remarkable life. With respect to the building as a whole, The Garland’s magnificent facade was designed by the famed architectural firm Morgan Walls & Morgan—the same team of architects who brought to Los Angeles such iconic buildings as the Hollywood El Capitan, the famed Mayan Theatre, and Broadway’s majestic Blackstone (Department store) Building. Designed in the Beaux Arts Style, The Garland boasts an exquisite façade of glazed ter-ra cotta veneer and brick masonry, embellished with soaring Corinthian pillars and a rich array of iconic plaster ornamentation that crown all of its upper floor window bays. True to its theatrical origins, the front features a prominent neon theatre marquee sign. The upper floors were designed with the opulence of the 1920’s for use as offices with high ceilings and prom-inent front windows, replete with marble and custom metal grill work. Closed for use in the 1980’s, the up-per floors have remained untouched like a time cap-sule. The Garland is now positioned front and center to become an absolute game-changer in the spectac-ular renaissance of Broadway’s historic Theatre and Entertainment District.
The building was purchased in 1986 for about $2.3M by a partnership that consisted of 2 main families: Sarshar and Yousefzadeh and 2 minority partners (Okhovat and Shadsirat) who were bought out in the mid 90’s. The Yousefzadeh own-ership was divided amongst multiple family members. Over time, this ownership was consolidated to a smaller number of the immediate Yousefzadeh family (the matriarch of the family - Mrs Parvaneh Yousefzadeh - and her children). The current owners, Sep & Houman Sarshar had a small stake in the building but bought out their parents in 2015 with a new building valuation of $7.6MM bringing their total ownership (50/50) up to 67.65%. The remaining 32.35% is owned by minority part-ner, Faramarz Yousefzadeh through 2 entities he controls.
The building was completely vacant at the time of purchase. The old ownership did some improvements on the retail level and turned the ground floor into a mix of swap meet (inside the theater) and street side shop owners. The swap meet was closed in the late 90’s and a nightclub took over a few years later. In 2012, the current tenant Erik Chol signed a lease for theThe Globe and subsequently invested $5MM+ turning it into a premiere and successful event space . In anticipation of the adaptive reuse project, sponsorship vacated all the retail units in 2016 except for the Globe theater.
Faster than any in the city’s history, Presidio Bay obtained entitlements for 85 Bluxome's full-office use after entering contract in late 2012 under the new West Soma Neighborhood plan. ***work in large Cap prop M allocation**** The project broke ground in December of 2014, and soon thereafter, the 56,500 square foot Class A office building was pre-leased in its entirety during construction by Collective Health, Inc., the rapidly growing health benefits solution company looking to relocate headquarters from San Mateo to San Francisco to accommodate growth and create jobs for its 500 employees. The 85 Bluxome location is less than 200 yards from the CalTrain station.
The building’s design anticipated the construction of the forthcoming Bluxome park, part of the Central Summit Plan, and incorporated the area’s historic industrial roots, including hand-crafted entryway woodwork by BUKA design, reminiscent of the street's once-operating train tracks.
In addition to receiving LEED gold certification, 85 Bluxome was also the first ground up office building to receive WELL certification, setting a new bar for sustainability standards.The project received NAIOP’s Development of the Year Award in 2015.
Presidio Bay Capital (“PBC”), through its wholly-owned entity PBC Acquisitions IV, LLC completed build-out of 13,600 rentable square feet of office and warehouse space plus 40,000 square feet of ware-yard space located in Lake Havasu, AZ. The property is under a twenty-year lease for the extensively renovated property with the US Government through the US General Services Administration (“GSA”) on behalf of the Bureau of Land Management (“BLM”).
In accordance with the GSA lease, PBC oversaw tenant improvement design and build-out to accommodate the BLM and GSA’s standards, including energy efficiency controls, BMS system, exterior site lighting, new fenestration and outdoor covered parking.
The property in Sierra Vista, Arizona is an 8,500 square feet Single Tenant Class A office building leased by the US General Services Administration (“GSA”) on behalf of the Drug Enforcement Agency ("DEA"). Originally constructed in 1967, the Sierra Vista DEA property was substantially remodeled as a high-security facility, constructed as a finish-to-suit development in 2014. Given its agency mission to enforce the controlled substances laws and regulations of the United States, the Sierra Vista location in the southeast portion of Arizona, a known area for drug trafficking from Mexico into the U.S, makes this location an ideal long-term and fit for the DEA. The surrounding area is promising growth with the city's recently- adopted holistic approach to economic development in the form of a ten-year plan, known as Vista 2030
The Encino Park Center is a 60,000 square foot, multi-acre shopping center located in San Antonio, TX. Before acquiring, the big box, mixed-use zoning building was formerly home to an Albertsons and later HEB grocery store. Once acquired, Presidio Bay negotiated a prelease allocating two thirds of the property to the United States Citizenship and Immigration Services and the subsequent balance to Planet Fitness.
The Federal Bureau of Investigation and U.S. Immigration and Customs Enforcement field office is a 30,000 square foot property located in Guam on the Mariana Islands. Built to meet the Department of Homeland Security’s Interagency Security Committee (ISC) standards, this project's facility location provides key strategic presence for both agencies to monitor and respond to homeland security threats in the Asia-Pacific region, which spans more than 100 million square miles and 15 time zones. The 2.5 acre site is located in the Guam Gateway Center, a hub of _____(expand on this), is LEED Silver certified, and boasts architectural design incorporating elements from the local Chamorro culture.
Listed on National Registry of Historic places, the Hamilton Hospital is a 65,000 square foot senior assisted living property in Novato, California in the Hamilton Base Park area. Upon achieving entitlements, our local senior housing development partner recapitalized the deas(????) and later completed major alteration and expansion to the historic building as part of the development of an 80 unit senior housing facility
The Las Cruces Former City Hall building located at 200 N. Church Street is a 28,000 square foot building located in Las Cruces, New Mexico. Previously occupied by Bank of the West, Presido Bay renovations included upgrades to the base building infrastructure, including the mechanical system, electrical distribution, among other “shell” items.
Located immediately adjacent to the US Federal Building and Courthouse and the US Post Office, this former City Hall building's location is ideal for USAO’s functions to serve the judiciary branch of government. The building is also located conveniently within a few blocks of prime retail and transit routes.
502 7th Street offers a bold, modern approach to city living. It's proximity to numerous technology employers as well as Caltrain and Mid-Market make it a location that offers centralization and convenience. The deconstructed bay window defines the iconic building exterior simultaneously framing a view for each unit interior. The building's robust base features two story townhome units with private entries that enrich all sides of the street frontage.
The building is composed of varied units types with private and common outdoor open spaces throughout. The result is a building that creates a unique home for each occupant; a departure from the "cookie cutter" approach associated with apartment living. The building's interior features a modern yet warm palette of materials fixtures and finishes and caters to SF's tech savvy culture with latest developments in smart home technology.
502 7th Street blends smart, modern design with maximum livability. Filled with natural light and expansive views, 502 7th Street is an unmistakable anchor for this corner of a lively SOMA community.
The US Social Security Administration ("SSA") Field Office is a 9,600 square foot, built-to-suit office building in Indio, CA completely redeveloped and designed to meet the specific requirements of the SSA. When presented with an exceptionally rare opportunity to acquire a federal government-leased building in Southern California, Presidio Bay secured a long-term lease with the US General Services Administration (“GSA”) on behalf of the US Social Security Administration (“SSA”) and and finalized a purchase of the in-line retail center.
With precise orchestration of project timelines and use of swing space, the expansion and complete renovation of the space allowed government operations to continue uninterrupted.
Demographics in Indio/Coachella Valley create strong demand for SSA services, surrounded by major national tenants and health care services including JFK Memorial Hospital and Kaiser Permanente.
US Social Security Administration (“SSA”) field office is an 11,000 square foot property located in Lake Charles, LA leased 80% by the US General Services Administration (“GSA”). Originally constructed in 1981 Presidio Bay oversaw the complete renovation and modernization into its occupancy in 2013.
The South Jordan Gateway Center is a 10,000 square foot single-story building leased by the US Government through the US General Services Administration (“GSA”) on behalf of the Social Security Administration (“SSA”) in South Jordan, Utah. Presidio Bay championed extensive tenant improvement design and renovations to base building infrastructure and other “shell” items to meet all the Government requirements ideally suited for SSA’s long-term needs.
Located within SSA’s service district for the Salt Lake City area, and conveniently located within a few blocks of a prime retail center.
Located at the far North end of Piedmont Avenue, this 35,000 square foot residential project is a modern addition to one of Oakland’s most vibrant neighborhoods. This mixed use building is comprised of 25 apartments over ground floor retail. The retail space is intended to anchor the end of a retail corridor that is filled with robust and diverse tenants. The ethos, form, and material of the building are firmly in the tradition of California Modern design. The building balances urban density with open plans, indoor/outdoor living, and lots of natural light. The indoor / outdoor lifestyle is highlighted by clean horizontal lines which contain private balconies. The modern aesthetic is warmed at the balconies through the use of wood. The residences surround an open air communal courtyard. Each unit connects from the courtyard to the exterior with floor to ceiling glazing, providing views and admitting glancing sunlight during special moments of the day. The interiors are intended to be tranquil, providing residents with sanctuary from the hustle and bustle of life. Materials palettes are soft, subtle and minimal, greeting residents with a relaxed atmosphere. Most units have private balconies or decks. Finally, the building is crowned with a shared roof deck which has sweeping views down Piedmont Avenue and up to the Oakland hills.
The 2670 Geary Boulevard property is a 120,000 square foot retail and residential property in the Laurel Heights neighborhood of San Francisco, CA. Its location; centralized on the highly visible corner site of Mason and Geary - is both transit oriented, located on future Geary Rapid Transit Line, and in high demand from nearby university students and medical professionals. Design takes advantage of sweeping views of downtown and the city skyline.
****2670 Geary was the first project to pursue HOME-SF legislation - designed to remove density limits, provide affordable and family-friendly housing. The site delivered in excess of 80+ additional dwelling units aiding to alleviate SF’s current housing crisis.***
Immediately adjacent to Mission Bay, 595 Mariposa blends smart and modern design with maximum livability. Filled with natural light and expansive views, including that of the new Chase Center Warrior's Stadium from it's rooftop, 595 Mariposa is just blocks from the heart of the city.
The building's unique townhome units define the building's base and provide a welcome street frontage and a nod to the neighborhood sensibility. It's bay window maximize views, expand interior space and weave the architecture into the fabric of the adjacent residential Dog Patch District, resulting in a crisply modern yet classically ordered work of architecture. The building's interior also features a modern yet warm palette of materials fixtures and finishes and caters to SF's tech savvy culture with latest developments in smart home technology.
Still in its entitlements stage, the 65 Ocean property will occupy 135,000 square feet and lend itself to retail and residential usage in the Excelsior district of San Francisco. Located adjacent to Balboa Park BART station, the transit oriented property offers a great opportunity to expand work-force housing and activate the pedestrian corridor along Ocean Avenue.
*Off-market transaction, large development site for urban infill in San Francisco, which is currently highly underutilized.
-commissioning local artists, several murals and sculptures