Presidio Bay Ventures
Nubank Fills Presidio Bay’s New Palo Alto Office With 33,000 SQFT Lease
Nubank, Latin America's largest digital bank, has leased the entire office component of Presidio Bay Ventures' newly completed 388 Cambridge development near Palo...
1.2MM SQFT San Francisco Centre & Emporium Hits the Market Again With Ground Lease Extended to 2082 and September Call for Offers
One of downtown San Francisco's largest and most troubled assets is back on the block, this time with a longer ground lease, lower...
Presidio Bay & Bridges Capital Close on $70MM Debt Buy at 208,000 SQFT 301 Battery in San Francisco, Move to Foreclose on RFR
Presidio Bay Ventures and Bridges Capital have closed on the nonperforming $100 million loan secured by San Francisco's former Federal Reserve Bank building...
Trust Exposure on San Francisco Centre Hits $351MM as Presidio Bay, Prado Group Abandon 1.5MM-SQFT Redevelopment Weeks Before Loan Maturity
Loan-level data from Morningstar Credit shows bondholders on the shuttered San Francisco Centre carrying $351.3 million of total exposure against a property with...
Presidio Bay Ventures and Prado Group Walk Away From San Francisco Centre Mall Redevelopment Deal, Returning Shuttered 1.5MM-SQFT Landmark to Market
Presidio Bay Ventures and Prado Group have abandoned their winning bid to redevelop San Francisco Centre, citing a failed ground lease renegotiation with...
Presidio Bay Resubmits Plans for 670-Home, 713,000 SQFT Office Remake of Menlo Park’s Former USGS Campus
Presidio Bay Ventures has refiled its master plan to convert the 17.75-acre former U.S. Geological Survey campus at 345 Middlefield Road in Menlo...
Presidio Bay Emerges as Buyer for $100MM Nonperforming Loan on Landmark 301 Battery in San Francisco
The San Francisco investor, working with hospitality entrepreneur Phil Spiegel, is in line to take control of the 208,000-square-foot former Federal Reserve Bank...
Presidio Bay Ventures and Prado Group Win Bid to Acquire 1.2MM SQFT San Francisco Centre for $130MM+
The San Francisco-based developers plan a mixed-use conversion of the shuttered downtown landmark that once held a valuation exceeding $1 billion, marking a...
Presidio Bay Ventures Acquires 55,700 SQFT Office at 333 Valencia in San Francisco for $27.5MM via Deed in Lieu of Foreclosure
The Mission District office property traded at approximately $494 per square foot, representing a 54 percent discount from its 2021 asking price of...
Presidio Bay Ventures Unveils Plans for 412,000 SQFT Former USGS Campus with Up to 1,000 Housing Units
Developer Behind Springline Project Proposes Mixed-Use Development Following $137MM Acquisition in Menlo Park Details are emerging about Presidio Bay Ventures' ambitious plans for...
Bay Area CRE Rising Stars: Development & Construction Rising Star
Next Generation Leaders Shape Bay Area's Built Environment Through Innovation and Execution The Bay Area's development and construction sector continues to evolve through...
NY Life Offloads 112,000 SQFT Sausalito Office Campus for $32MM, as Buyer Eyes Housing Conversion
New York Life Insurance Company has sold its waterfront office property at 1 Harbor Drive in Sausalito, California, for $32 million—a steep 39...
