Presidio Bay Ventures

We are incredibly thrilled to share that #PresidioBay has acquired #60Spear, an 11-story office tower located in the heart of downtown! We are invigorated about the opportunity to showcase our belief in the strength and recovery of the city of San Francisco. The acquisition of this property continues to showcase our dedication to creating robust partnerships in the communities in which we build, formulating a model for how development can be done right to encourage community engagement. Read more about our acquisition in the articles below: 🗞️ San Francisco Business Times’ “Presidio Bay Ventures Closes on 60 Spear Office in S.F. Here is How Much the Local Firm Paid for It.” at https://lnkd.in/gCAJqVkD  🗞️ The Registry’s “Presidio Bay Ventures Buys 157,000 SQFT 60 Spear in San Francisco for $41MM” at https://lnkd.in/g4x6RTC7  🗞️ SFGATE’s “Downton SF office building sells for 66% less than assessed value” at https://lnkd.in/gyZXjVN9 🗞️ CoStar Group’s “Deal For San Francisco Office Building Spotlights Deep Discounting” at https://lnkd.in/gN2UBtyA  🗞️ The Wall Street Journal’s “Wall Street Is Ready to Scoop Up Commercial Real Estate on the Cheap” at https://lnkd.in/eaDnYUKg #PresidioBayVentures #SanFrancisco #RealEstateDevelopment #NewAcquisition

Meet Giovanna Barragan, another incredible 2024 Summer Presidio Scholar! She is a rising sophomore at the University of Southern California, who is originally from Richmond, CA, and is interested in the sector of social justice and community.  “Being part of the Presidio Scholars Program offers the opportunity to engage with a diverse group of students who are all passionate about making an impact within the real estate development industry. I'm looking forward to developing a project that is inclusive and beneficial to the community and surrounding neighborhood. The hands-on experience and mentorship with industry experts allow me to apply this knowledge to our project, ensuring that development efforts enhance the quality of life of residents while promoting social interactions and sustainability.” - Giovanna Barragan, ‘24 Presidio Scholar Giovanna believes that by developing solutions that are responsive to the needs of communities like hers and those who are unhoused, she hopes to gain a better understanding of where to invest and what to build. By participating in the real estate industry, she aspires to gain valuable experiences that she can bring back to communities where the use of sustainable housing is most needed. Welcome Giovanna to this summer’s class! 👏 #PresidioBayVentures #PresidioBayFoundation #CommercialRealEstate #ScholarshipProgram #CareerDevelopment #EmergingLeaders

A month has quickly passed already with my Presidio Scholars Interns and they truly are my favorite part of my role as Program Director - but also the most important job that I have in my current career. We need a growing, strong pipeline of young adults that need opportunities to get into the real estate industry. We need people from our communities, from our neighborhoods to have a seat at the table, to build our neighborhoods, to have a voice in public policy. We cannot do that if we do not prioritize equity. So far this summer, we’ve been able to partner with industry leaders and firms, like Patrick Otellini at Swinerton, BCCI Construction , Verdical Group , Justin A. Zucker , Marisa LaVallee, Saksham Tikekar at Arcsine , OTJ Architects , Banke A. at Prologis , City and County of San Francisco Planning Department, and Wilson Meany to expose my students to the different pathways in commercial real estate, and to assist them in developing their end of year competition pitches. Excitingly, we have upcoming tours with CBRE at Salesforce , Chase Center, and Springline Menlo Park in the next few weeks. Another impactful highlight of this summer was the Aspire & Build: Real Estate Summer Kick-Off Networking Event, hosted by myself and DeQuese May, to foster accessibility and workforce development opportunities within our community. This event was so successful and much needed for seasoned industry professionals to connect with future leaders that we plan to host more networking gatherings soon. If you’re interested in becoming more involved with the Presidio Bay Foundation and/or would like to learn more, drop a line in the comments or reach out to me at alexis@presidiobay.com. Finally, I want to give a really big thank you to my summer scholars. They are such an amazing class and I'm happy I get to work with them for the next few weeks.

Today, we celebrate Sam White's 2-year anniversary at Presidio Bay Ventures! We are immensely grateful for the knowledge, dedication, and determination he consistently brings to our team and projects. #PresidioBayVentures #RealEstateDeveloper #EmployeeMilestone #EmployeeSpotlight #MeetTheTeam

Residents at Springline Menlo Park have access to a wide variety of environmentally conscious and tech-forward amenities including a brand new Rivian R1T available for rent via the Springline app. This electric vehicle is provided by Envoy There, whose mission is to provide mobility as an amenity by being an on-demand, exclusive, electric car sharing for apartments, hotels, and workplaces. #PresidioBayVentures #RealEstateDevelopment #SpringlineMenlo #MixedUseDevelopment #ApartmentAmenities #ElectricVehicles

85 Bluxome, completed in 2016 with BCCI Construction, was the quickest large project authorization and large-cap Prop M entitlement process under Central SOMA from start to finish in just 13 months. This commercial development was the first ground-up office building to receive WELL certification, and has also been awarded the following certifications and awards: ▪️ LEED Gold Rating ▪️ USRC Gold Rating ▪️ 2015 NAIOP San Francisco Bay Area Best of the Bay: Development of the Year #PresidioBay continues to own and provide asset management services for this property. #PresidioBayVentures #CommercialRealEstate #SustainableArchitecture #LEEDCertification #AssetManagement

Come home to an apartment designed with you in mind at our multi-family development, Ventana Residences, which is now leasing residences in San Francisco's Outer Mission District. 🏡 From a wide variety of smart and savvy studios for students and young professionals to expansive 3-bedrooms designed for families who appreciate the energy and access to city living, Ventana has a home designed just for you. 🔗: https://lnkd.in/eTYBKER2 #PresidioBayVentures #MultiFamilyHousing #SanFrancisco #ResidentialRealEstate #NowLeasing

Last Friday, the City and County of San Francisco Planning Department and Code Tenderloin partnered together to present to our Presidio Scholars about the work both respective organizations are doing to invest and revitalize the Tenderloin neighborhood. The Tenderloin Community Action Planning (TCAP) is a neighborhood-driven collaboration between residents, community organizations, businesses, and non-profit partners. Their mission is to bring the Tenderloin community's voice into action and transform that action into reality through investments, and transition a state of crisis into a neighborhood where residents have equitable access to improved quality of life and a diverse and vibrant neighborhood for all. They aim to achieve this through facilitating community-driven initiatives, cultivating new capacities, and interagency collaborations and investments. It’s important for our scholars to learn about long-standing histories about various neighborhoods and communities in the Bay Area - including the community-based efforts that preserve and protect affordable housing and tenants and celebrate the Tenderloin’s diversity. #PresidioBayVentures #ScholarshipProgram #FutureLeaders #Philanthropy #WorkforceDevelopment

Happy 4th of July from all of us at #PresidioBay! Wishing you all a safe and wonderful holiday. 🇺🇸 #PresidioBayVentures #RealEstateDeveloper #BayAreaRealEstate #4thofJuly #Happy4th

At Presidio Bay, we are proud to specialize in new construction and major renovation of mid- to large-scale office, life science and R&D spaces, mixed-use, urban infill multifamily communities, and other special-use facilities. Our philosophy is founded on the notion of hospitable thinking, which seeks to transform physical locations into coveted destinations where people are eager to congregate, connect, collaborate and create. Our portfolio includes properties like Springline Menlo Park and #777Industrial that provide intrinsic value to tenants by integrating indoor and outdoor spaces with inviting amenities including but not limited to from high-end fitness centers, rooftop entertaining decks, public art installations, and fine-dining experiences. #PresidioBayVentures #RealEstateDeveloper #MixedUseDevelopment #LifeScienceBuilding #SustainableDevelopment