PRESIDIO BAY VENTURES BRINGS TO MARKET VENTANA RESIDENCES, 193-UNIT RESIDENTIAL PROPERTY WITH AFFORDABLE HOUSING COMPONENT IN SAN FRANCISCO’S OUTER MISSION NEIGHBORHOOD
- November 2, 2022
“We are proud to develop a project of this scale that is also addressing the city’s housing shortage. Thanks to the City’s HOME-SF program, we were able to triple the number of new affordable units created in District 11 since 2009,” said K. Cyrus Sanandaji, Founder and Managing Principal, Presidio Bay Ventures. “At Presidio Bay, placemaking and wellness are at the forefront of our decision making. We have worked to ensure that Ventana Residences will provide the community with a high-quality, socially activated and family-oriented offering that will inspire interaction between residents and the neighborhood for generations to come.”
READ MORE
Presidio Bay Ventures Breaks Ground on Life Science Development at 777 Industrial Road in San Carlos
- May 25, 2022
“Presidio Bay Ventures is excited to break ground on 777 Industrial Road and bring a new wave of innovation to San Carlos,” said K. Cyrus Sanandaji, Founder and Managing Director for Presidio Bay Ventures. “Our team has seen an increased demand for tenant space as life science and R&D innovation in the Bay Area flourishes. 777 is purpose-built and thoughtfully curated to support breakthroughs across multiple industries beyond traditional life sciences.”
Read More
Presidio Bay Ventures Launches Real Estate Development Scholarship for Bay Area Youth, Introduces Underrepresented Backgrounds to Career Possibilities
- May 17, 2022
Recognizing the lack of diversity and inclusion within the real estate industry, Presidio Bay fostered this program to proactively create opportunities for access, awareness and inclusion for diverse professional populations into this historically underrepresented field. The true-to-life curriculum is a first- of- its-kind model for underrepresented youth to gain professional experience and join an inspiring community of mentors and employers who are collectively promoting a more diverse and equitable future for the real estate industry.
Read More
Square Mile Capital Provides $118 Million Construction Financing for Bay Are Life Science Development
- April 20, 2022
Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated a $118 million loan to finance the development of 777 Industrial, a to-be-built ~150,000 square foot Class A, R&D and life science lab building located in San Carlos, CA.
Square Mile Capital provided the construction financing to a partnership managed by Presidio Bay Ventures, led by K. Cyrus Sanandaji and Kabir Seth, and an institutional joint venture equity partner.
Presidio Bay Ventures Announces 147,000 Square-Foot Life Science Development on 777 Industrial Road in San Carlos
- April 1, 2022
Unanimously approved by the City of San Carlos in June of 2021, this development will serve as the gateway to the Innovation District, a multi-modal neighborhood of integrated existing and new businesses designed to offer a resilient and inclusive future, creating a new R&D and life science hub in the heart of the Peninsula. Envisioned as a departure from traditional life science buildings, 777 Industrial Road will enhance the Peninsula’s growing R&D and life science community. This real estate sector’s tremendous growth across the Bay Area since the COVID-19 pandemic created a timely opportunity for Presidio Bay to bring its innovative design vision, placemaking strategy.
Read More
Springline Welcomes Canopy and Symphony Technology Group as First Office Tenants
- February 2, 2021
“From the get-go, we’ve set out to make Springline a destination oasis where work and innovation can be inspired by a unique and distinctly inviting atmosphere. Now, as we welcome CANOPY and STG - two top-tier companies in their respective industries – we’re thrilled to see this placemaking strategy already come to life, particularly as we move towards the post-COVID-19 era,” said K. Cyrus Sanandaji, Managing Director for PresidioBay.
Read More
Presidio Bay Ventures Closes $120M in Union-Backed Financing and Breaks Ground on Largest Home Project in SF
- January 25, 2021
Presidio Bay Ventures, a leading Bay Area commercial real estate development firm, has closed on $120 million in construction financing to develop the Ventana Residences located at 99 Ocean Avenue in San Francisco’s Outer Mission and Excelsior District. The project is a joint venture between Presidio Bay and American Realty Advisors (ARA). TDA Investment Group (TDA) and the AFL-CIO Housing Investment Trust (AFL-CIO HIT) provided the construction financing.
Read More
Presidio Bay Ventures and Kinship Capital Joint Venture Acquires 777 Industrial Road in San Carlos
- December 10, 2020
Presidio Bay Ventures, a leading Bay Area commercial real estate development firm, in a joint venture with Kinship Capital, a private real estate investment firm, today announced the November 17, 2020 acquisition of 777 Industrial Road in San Carlos, Calif. Located within one of the BayArea’s fastest growing life science clusters, the joint venture plans to redevelop the property into a 123,000 square foot Class A life science building with high quality materials and cutting-edge functionality
Read More
Introducing Springline: Menlo Park’s New Destination Oasis
- November 17, 2020
“Springline is an entirely new concept for Menlo Park. Through purposeful placemaking and an ear to the ground in the community, we’ve set out to create a destination oasis on the Peninsula—a magnetic city within a city that draws in locals and visitors, creating a sense of renewal and inspiration through urban energy and vibrancy, walkability, and weekend respite,” said K. Cyrus Sanandaji, ManagerDirector for Presidio Bay.
Read More
Presidio Bay Ventures Arrives in Downtown Menlo Park- Takes Over 1300 El Camino Real and Renames Project ‘Springline’
- September 14, 2020
PresidioBay Ventures (“PresidioBay”), a leading California-based commercial real estate investment firm, announced today that it has taken over the construction, lease-up, and stabilization of the 6.4 acre mixed-use development located at 1300-1302 El Camino Real and 550 Oak Grove Avenue in Menlo Park, Calif. The strategic operation of the property - newly renamed ‘Springline’ - was transitioned to Presidio Bay mid-construction in June 2020 and since then, the firm’s development team has overhauled nearly all aspects of the project, completely reimagining it and creating what will become an ultimate destination within Menlo Park.
Read MorePresidio Bay Statement on Black Lives Matter and Diversity
- June 15, 2020
Presidio Bay has long been active in our community in support of underrepresented and minority groups. From our ongoing partnerships with community organizations, to our commitment to cultural and gender diversity in the workplace, we strive to make a true difference in our community. But, with all that has publicly transpired in the past few months with regard to systemic racism and implicit bias, we can all do better
Read MorePresidio Bay Ventures Sells Historic California Theatre Property in Downtown San Diego
- January 30, 2020
Presidio Bay Ventures, a leading California-based commercial real estate development firm, together with investor Sloan Capital Partners, is pleased to announce the sale of its property at 1122 4th Ave in Downtown San Diego. Brokerage and advisory firm, Ground Matrix, spearheaded the transaction and sale to Caydon, a leading lifestyle and property developer with a headquarters in Houston.
Read More
Presidio Bay Ventures Names Lindsey Fisher As Director of Development
- January 30, 2020
Presidio Bay Ventures (PBV), a leading Bay Area commercial real estate investment and development firm with a portfolio valued at nearly $1 billion, has hired Lindsey Fisher as Director of Development. In this role Fisher will oversee all current and future development activities for the company.
Read More
Presidio Bay Ventures and Kinship Capital Joint Venture Acquires 200 Kansas Street in SF
- January 30, 2020
Presidio Bay Ventures, a leading Bay Area commercial real estate development firm, in a joint venture with Kinship Capital, a private real estate investment firm, today announced the acquisition of 200 Kansas Street in San Francisco, CA. Located in the heart of the City’s Design District, the 90,000 square foot building spans a full city block.
Read More65 Ocean Project Approved by San Francisco Planning Commission
- October 30, 2019
The San Francisco City Planning Commission has voted to approve a mixed-use development at 65 Ocean Avenue in the Excelsior district. With this project, Presidio Bay Ventures, a leading Bay Area commercial real estate investment and development firm, plans to offer 193 new rental homes with a mix of studio, one-, two-, and three-bedroom units to serve the area’s diverse community of families, students, and working professionals.
Read More
Presidio Bay Ventures Acquires 130 Townsend Street in SF
- July 18, 2019
“With several other properties in this neighborhood, we know this area well – the property’s close proximity to business, dining, entertainment, fitness and hospitality, in the heart of highly-desirable SoMa makes 130 Townsend ideally located in a community that continues to transform,” said Cyrus Sanandaji, Managing Director for Presidio Bay. “We’re excited to add this historic site to our portfolio.”
Read More
Presidio Bay Ventures Completes Construction on the Mariposa Apartments
- May 26, 2019
“Historic Dogpatch has long been a cultural hub for local artists,” said K. Cyrus Sanandaji, Managing Director for Presidio Bay. “Drawing on that history as our inspiration, we used warm color palettes and design accents that highlight the Bay Area’s unique aesthetic - such as our modern play on San Francisco’s iconic Bay Window.
Read MoreBalboa High School Educational Seminar
- February 6, 2019
Recently, Presidio Bay Ventures (“PBV”) in a joint effort with the San Francisco Planning Department and UC Berkeley had the opportunity to discuss the San Francisco development process to a group of Balboa High School seniors at 65 Ocean Avenue, one of our upcoming development sites.
Read More
Presidio Bay Breaks Ground on 349 8th Street in SF
- January 14, 2019
Presidio Bay Ventures, a leading Bay Area commercial real estate investment and development firm, today announced the official ground-breaking of 349 8th Street, a 38-unit condominium project featuring a stylish mix of studio, one-, two-, and three-bedroom condominiums over ground floor retail. With frontages on both bustling 8th Street and the more peaceful Rodgers Street, along with a boutique split-building design sheltering a private inner court, each residence offers a unique urban experience.
Read More
Presidio Bay Partners with Amenify in Investment Venture
- September 14, 2018
At Presidio Bay, we strategically participate in early-stage investments with companies that provide products or services for the real estate, design, construction and other industries relevant to our core mission. We are excited to announce our recent involvement as a Seed round investor in Amenify, a SaaS platform that provides amenity services for multifamily buildings and portfolios through establishing partnerships that elevate the overall living experience.
Read More
Presidio Bay Partners with Latch in Investment Venture
- March 15, 2018
At Presidio Bay, we make tactical early-stage investments in cutting-edge companies that provide value-add products or services to the real estate industry. We are pleased to announce our partnership with Latch, the creators of the world’s first smart access system, as a Series B investor.
Read MoreIntroduction of Presidio Bay Venture Advisory Services
- January 31, 2018
Presidio Bay announces the introduction of Presidio Bay Venture, which provides Seed, Series A and other preferred security investments in companies that provide products or services to the real estate, government, finance, consumer, workflow/project management, security, design, construction and analytics industries.
Read More
Grandi Azzurri Field Trip to 595 Mariposa
- January 11, 2018
Interested in broadening their horizons in architecture and development, we are happy to have welcomed Olive School's Grandi Azzurri preschool class on their field trip to our property at 595 Mariposa. RG Architecture's Riyad Ghannam guided the children through the basics of construction, starting with original blueprints of the site through renderings of the soon-to-be finished building.
Read More
Presidio Bay Ventures Secures $8.5 Million Construction Loan
- May 15, 2017
Presidio Bay Ventures secures $8.5 million construction loan from Technology Credit Union for development of a 20-unit, multifamily project in San Francisco's Dogpatch neighborhood.
Read More
PRESIDIO BAY VENTURES BRINGS TO MARKET VENTANA RESIDENCES, 193-UNIT RESIDENTIAL PROPERTY WITH AFFORDABLE HOUSING COMPONENT IN SAN FRANCISCO’S OUTER MISSION NEIGHBORHOOD
- November 2, 2022
“We are proud to develop a project of this scale that is also addressing the city’s housing shortage. Thanks to the City’s HOME-SF program, we were able to triple the number of new affordable units created in District 11 since 2009,” said K. Cyrus Sanandaji, Founder and Managing Principal, Presidio Bay Ventures. “At Presidio Bay, placemaking and wellness are at the forefront of our decision making. We have worked to ensure that Ventana Residences will provide the community with a high-quality, socially activated and family-oriented offering that will inspire interaction between residents and the neighborhood for generations to come.”
READ MORE
Presidio Bay Ventures Breaks Ground on Life Science Development at 777 Industrial Road in San Carlos
- May 25, 2022
“Presidio Bay Ventures is excited to break ground on 777 Industrial Road and bring a new wave of innovation to San Carlos,” said K. Cyrus Sanandaji, Founder and Managing Director for Presidio Bay Ventures. “Our team has seen an increased demand for tenant space as life science and R&D innovation in the Bay Area flourishes. 777 is purpose-built and thoughtfully curated to support breakthroughs across multiple industries beyond traditional life sciences.”
Read More
Presidio Bay Ventures Launches Real Estate Development Scholarship for Bay Area Youth, Introduces Underrepresented Backgrounds to Career Possibilities
- May 17, 2022
Recognizing the lack of diversity and inclusion within the real estate industry, Presidio Bay fostered this program to proactively create opportunities for access, awareness and inclusion for diverse professional populations into this historically underrepresented field. The true-to-life curriculum is a first- of- its-kind model for underrepresented youth to gain professional experience and join an inspiring community of mentors and employers who are collectively promoting a more diverse and equitable future for the real estate industry.
Read More
Square Mile Capital Provides $118 Million Construction Financing for Bay Are Life Science Development
- April 20, 2022
Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated a $118 million loan to finance the development of 777 Industrial, a to-be-built ~150,000 square foot Class A, R&D and life science lab building located in San Carlos, CA.
Square Mile Capital provided the construction financing to a partnership managed by Presidio Bay Ventures, led by K. Cyrus Sanandaji and Kabir Seth, and an institutional joint venture equity partner.
Presidio Bay Ventures Announces 147,000 Square-Foot Life Science Development on 777 Industrial Road in San Carlos
- April 1, 2022
Unanimously approved by the City of San Carlos in June of 2021, this development will serve as the gateway to the Innovation District, a multi-modal neighborhood of integrated existing and new businesses designed to offer a resilient and inclusive future, creating a new R&D and life science hub in the heart of the Peninsula. Envisioned as a departure from traditional life science buildings, 777 Industrial Road will enhance the Peninsula’s growing R&D and life science community. This real estate sector’s tremendous growth across the Bay Area since the COVID-19 pandemic created a timely opportunity for Presidio Bay to bring its innovative design vision, placemaking strategy.
Read More
Springline Welcomes Canopy and Symphony Technology Group as First Office Tenants
- February 2, 2021
“From the get-go, we’ve set out to make Springline a destination oasis where work and innovation can be inspired by a unique and distinctly inviting atmosphere. Now, as we welcome CANOPY and STG - two top-tier companies in their respective industries – we’re thrilled to see this placemaking strategy already come to life, particularly as we move towards the post-COVID-19 era,” said K. Cyrus Sanandaji, Managing Director for PresidioBay.
Read More
Presidio Bay Ventures Closes $120M in Union-Backed Financing and Breaks Ground on Largest Home Project in SF
- January 25, 2021
Presidio Bay Ventures, a leading Bay Area commercial real estate development firm, has closed on $120 million in construction financing to develop the Ventana Residences located at 99 Ocean Avenue in San Francisco’s Outer Mission and Excelsior District. The project is a joint venture between Presidio Bay and American Realty Advisors (ARA). TDA Investment Group (TDA) and the AFL-CIO Housing Investment Trust (AFL-CIO HIT) provided the construction financing.
Read MorePresidio Bay Statement on Black Lives Matter and Diversity
- June 15, 2020
Presidio Bay has long been active in our community in support of underrepresented and minority groups. From our ongoing partnerships with community organizations, to our commitment to cultural and gender diversity in the workplace, we strive to make a true difference in our community. But, with all that has publicly transpired in the past few months with regard to systemic racism and implicit bias, we can all do better
Read More
Presidio Bay Ventures and Kinship Capital Joint Venture Acquires 777 Industrial Road in San Carlos
- December 10, 2020
Presidio Bay Ventures, a leading Bay Area commercial real estate development firm, in a joint venture with Kinship Capital, a private real estate investment firm, today announced the November 17, 2020 acquisition of 777 Industrial Road in San Carlos, Calif. Located within one of the BayArea’s fastest growing life science clusters, the joint venture plans to redevelop the property into a 123,000 square foot Class A life science building with high quality materials and cutting-edge functionality
Read More
Introducing Springline: Menlo Park’s New Destination Oasis
- November 17, 2020
“Springline is an entirely new concept for Menlo Park. Through purposeful placemaking and an ear to the ground in the community, we’ve set out to create a destination oasis on the Peninsula—a magnetic city within a city that draws in locals and visitors, creating a sense of renewal and inspiration through urban energy and vibrancy, walkability, and weekend respite,” said K. Cyrus Sanandaji, ManagerDirector for Presidio Bay.
Read More
Presidio Bay Ventures Arrives in Downtown Menlo Park- Takes Over 1300 El Camino Real and Renames Project ‘Springline’
- September 14, 2020
PresidioBay Ventures (“PresidioBay”), a leading California-based commercial real estate investment firm, announced today that it has taken over the construction, lease-up, and stabilization of the 6.4 acre mixed-use development located at 1300-1302 El Camino Real and 550 Oak Grove Avenue in Menlo Park, Calif. The strategic operation of the property - newly renamed ‘Springline’ - was transitioned to Presidio Bay mid-construction in June 2020 and since then, the firm’s development team has overhauled nearly all aspects of the project, completely reimagining it and creating what will become an ultimate destination within Menlo Park.
Read MorePresidio Bay Ventures Sells Historic California Theatre Property in Downtown San Diego
- January 30, 2020
Presidio Bay Ventures, a leading California-based commercial real estate development firm, together with investor Sloan Capital Partners, is pleased to announce the sale of its property at 1122 4th Ave in Downtown San Diego. Brokerage and advisory firm, Ground Matrix, spearheaded the transaction and sale to Caydon, a leading lifestyle and property developer with a headquarters in Houston.
Read More
Presidio Bay Ventures Names Lindsey Fisher As Director of Development
- January 30, 2020
Presidio Bay Ventures (PBV), a leading Bay Area commercial real estate investment and development firm with a portfolio valued at nearly $1 billion, has hired Lindsey Fisher as Director of Development. In this role Fisher will oversee all current and future development activities for the company.
Read More
Presidio Bay Ventures and Kinship Capital Joint Venture Acquires 200 Kansas Street in SF
- January 30, 2020
Presidio Bay Ventures, a leading Bay Area commercial real estate development firm, in a joint venture with Kinship Capital, a private real estate investment firm, today announced the acquisition of 200 Kansas Street in San Francisco, CA. Located in the heart of the City’s Design District, the 90,000 square foot building spans a full city block.
Read More65 Ocean Project Approved by San Francisco Planning Commission
- October 30, 2019
The San Francisco City Planning Commission has voted to approve a mixed-use development at 65 Ocean Avenue in the Excelsior district. With this project, Presidio Bay Ventures, a leading Bay Area commercial real estate investment and development firm, plans to offer 193 new rental homes with a mix of studio, one-, two-, and three-bedroom units to serve the area’s diverse community of families, students, and working professionals.
Read More
Presidio Bay Ventures Acquires 130 Townsend Street in SF
- July 18, 2019
“With several other properties in this neighborhood, we know this area well – the property’s close proximity to business, dining, entertainment, fitness and hospitality, in the heart of highly-desirable SoMa makes 130 Townsend ideally located in a community that continues to transform,” said Cyrus Sanandaji, Managing Director for Presidio Bay. “We’re excited to add this historic site to our portfolio.”
Read More
Presidio Bay Ventures Completes Construction on the Mariposa Apartments
- May 26, 2019
“Historic Dogpatch has long been a cultural hub for local artists,” said K. Cyrus Sanandaji, Managing Director for Presidio Bay. “Drawing on that history as our inspiration, we used warm color palettes and design accents that highlight the Bay Area’s unique aesthetic - such as our modern play on San Francisco’s iconic Bay Window.
Read MoreBalboa High School Educational Seminar
- February 6, 2019
Recently, Presidio Bay Ventures (“PBV”) in a joint effort with the San Francisco Planning Department and UC Berkeley had the opportunity to discuss the San Francisco development process to a group of Balboa High School seniors at 65 Ocean Avenue, one of our upcoming development sites.
Read More
Presidio Bay Breaks Ground on 349 8th Street in SF
- January 14, 2019
Presidio Bay Ventures, a leading Bay Area commercial real estate investment and development firm, today announced the official ground-breaking of 349 8th Street, a 38-unit condominium project featuring a stylish mix of studio, one-, two-, and three-bedroom condominiums over ground floor retail. With frontages on both bustling 8th Street and the more peaceful Rodgers Street, along with a boutique split-building design sheltering a private inner court, each residence offers a unique urban experience.
Read More
Presidio Bay Partners with Amenify in Investment Venture
- September 14, 2018
At Presidio Bay, we strategically participate in early-stage investments with companies that provide products or services for the real estate, design, construction and other industries relevant to our core mission. We are excited to announce our recent involvement as a Seed round investor in Amenify, a SaaS platform that provides amenity services for multifamily buildings and portfolios through establishing partnerships that elevate the overall living experience.
Read More
Presidio Bay Partners with Latch in Investment Venture
- March 15, 2018
At Presidio Bay, we make tactical early-stage investments in cutting-edge companies that provide value-add products or services to the real estate industry. We are pleased to announce our partnership with Latch, the creators of the world’s first smart access system, as a Series B investor.
Read MoreIntroduction of Presidio Bay Venture Advisory Services
- January 31, 2018
Presidio Bay announces the introduction of Presidio Bay Venture, which provides Seed, Series A and other preferred security investments in companies that provide products or services to the real estate, government, finance, consumer, workflow/project management, security, design, construction and analytics industries.
Read More
Grandi Azzurri Field Trip to 595 Mariposa
- January 11, 2018
Interested in broadening their horizons in architecture and development, we are happy to have welcomed Olive School's Grandi Azzurri preschool class on their field trip to our property at 595 Mariposa. RG Architecture's Riyad Ghannam guided the children through the basics of construction, starting with original blueprints of the site through renderings of the soon-to-be finished building.
Read More
Presidio Bay Ventures Secures $8.5 Million Construction Loan
- May 15, 2017
Presidio Bay Ventures secures $8.5 million construction loan from Technology Credit Union for development of a 20-unit, multifamily project in San Francisco's Dogpatch neighborhood.
Read More