DOCSLIB.ORG

729-733 Vallejo Street Offering Memorandum

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
729-733 Vallejo Street Offering Memorandum 729-733 Vallejo Street Offering Memorandum Mixed-Use Investment Opportunity | North Beach - San Francisco, CA 94133 BRIAN LEUNG TOM ADLER 101 Second Street, 11th Floor +1 415 288 7881 +1 415 288 7885 San Francisco, CA 94105 [email protected] [email protected] www.colliers.com/sanfrancisco Brian-Leung.com lic# 02090169 lic# 01203473 729-733 Vallejo Street Table of Contents OFFERING SUMMARY 3 FINANCIAL OVERVIEW 4 LOCATION OVERVIEW 5 729-733 Vallejo Street Offering Summary Colliers International is pleased to present 729-733 Vallejo, San Francisco, CA 94133 for purchase at $1,399,000. This is an Add Value, mixed-use property on bustling Vallejo Street in San Francisco. The building consists of three (3) units; two (2) residential full floor flats over over (one) 1 ground floor commercial unit. Currently, the building is fully occupied. The property is located on a busy retail corridor, within walking distance to shops and restaurants on Columbus Avenue. Transportation is readily accessible, with the Powell/ Mason Cable Car line and several other MUNI lines stopping nearby. General Information: Features: 729-733 Vallejo Street Address: Use: Mixed-Use San Francisco CA 94133 Structure: Wood District: North Beach Stories: 3 APN: 0147-026 Parking/Garage: Street Building Square Feet: ±3,660 SF (per tax records) Utilities: PG&E Lot Size: ±1,516 SF (per tax records) Water/Sewer: SF-PUC Constructed: 1906 Zoning: NBEACH OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 3 COLLIERS INTERNATIONAL Financial Overview Financial Overview List Price $1,399,000 $/SF $382.24 Annual Gross Income Lease Unit # Type Monthly Income Commencement 731 VALLEJO - LOWER UNIT April 7th, 1979 - (MTM) 3BR/1BA $725.00 733 VALLEJO - UPPER UNIT June 1st, 1984 - (MTM) 3BR/1BA $800.00 729 VALLEJO - COMMERCIAL UNIT October 5th 2005 - (MTM) RETAIL $1450.00 MONTHLY $2,975.00 GAI $35,700.00 Annual Operating Expenses Expense Categories Annual Expenses Property Insurance $2,831.00 Water $6,538.02 Property Tax § $16,620.12 GAE $25,989.14 NOI $9,710.86 § Property Tax Rate: 1.1880% & Based on New Purchase Price P. 4 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET Location Overview North Beach is a neighborhood where old world meets new. This neighborhood is home to historic architecture, a plethora of markets and eclectic shops, and a robust restaurant and nightlife scene. Telegraph Hill overlooks the ceaseless activity from the city’s waterfront to busy Broadway. This picturesque neighborhood’s immaculate homes preside over its hillsides at the foot of the iconic Coit Tower—a classic San Francisco structure boasting spectacular views of the bay. Exploring this soaring neighborhood usually requires an uphill hike, but its stunning architecture, hidden staircases, and the chance to glimpse its flock of wild parrots make the trek worth it. The Financial District serves as its main central business district. It is home to the city’s largest concentration of corporate headquarters, law firms, insurance companies, real estate firms, savings and loan banks, and other financial institutions. Six of San Francisco’s Fortune 500 companies— Wells Fargo, Charles Schwab, Salesforce.com, PG&E, Visa, Gap— are in the district. San Francisco’s Chinatown is the oldest Chinatown in North America, and the largest Chinese enclave outside of Asia. Since its establishment in 1848, it has been highly important and influential in the history and culture of ethnic Chinese immigrants in North America. Chinatown is an enclave that continues to retain its own customs, languages, places of worship, social clubs, and Identity. Walker's Paradise Rider’s Paradise Very Bikeable 100 99 79 Walk Score Transit Score Bike Score OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 5 COLLIERS INTERNATIONAL Parcel Map Tax Map 729-733 VALLEJO STREET All measurements are approximate. While deemed reliable, no information on these floor plans should be relied upon without independent verification. P. 6 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET China Live - one block from property The Stinking Rose - one block from property The Central Subway Project The Central Subway is an extension of the Muni Metro light rail system currently under construction from the Caltrain commuter rail depot at 4th and King streets to Chinatown, with stops in South of Market (SoMa) and Union Square. When the Central Subway is completed, T Third Street Line trains will travel mostly underground from the 4th Street Caltrain Station to Chinatown, bypassing heavy traffic on congested 4th Street and Stockton Street. Four new stations will be built along the 1.7-mile alignment: • 4th and Brannan Station at 4th and Brannan streets (street level) • Yerba Buena/Moscone Station at 4th and Folsom streets (subway) • Union Square/Market Street Station on Stockton Street at Union 729-733 Vallejo Street is a short 6 minute walk to the new Chinatown Square (subway) Station at Stockton and Washington Streets. A possible future station • Chinatown Station at Stockton and Washington streets (subway) is being considered in North Beach, at Washington Square. OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 7 COLLIERS INTERNATIONAL Location Overview broadway Kearny St Vallejo St grant ave Green st Stockton ST UNION st Columbus Ave P. 8 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET Kearny St grant ave 729-733 VALLEJO STREET Stockton ST OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 9 COLLIERS INTERNATIONAL powell ST JEAN PARKER BROADWAY TUNNEL ELEMENTARY SCHOOL SFPD CENTRAL NORTH BEACH GARAGE 729-733 VALLEJO ST VALLEJO ST ROYAL PACIFIC INN NEW ASIA BROADWAY PACIFIC AVE P. 10 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 729-733 VALLEJO STREET WASHINGTON SQ U.S. BANK BANK OF THE WEST GOLDEN BOY PIZZA LITTLE CITY MARKET 729-733 VALLEJO ST VALLEJO ST CAFFE TRIESTE CHINA LIVE THE STINKING ROSE GRANT AVE BROADWAY COLUMBUS AVE COLUMBUS BEAT MUSEUM CITY LIGHTS BOOKS OFFERING MEMORANDUM | 729-733 VALLEJO STREET P. 11 COLLIERS INTERNATIONAL 729-733 VALLEJO STREET Confidentiality & Disclaimer Statement This Offering Memorandum contains select information pertaining to the business and affairs of the Subject Property. It has been prepared by Colliers International. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Colliers International. The material is based in part upon information supplied by the Seller and in part upon financial information obtained by Colliers International from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness or this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence. By acknowledging your receipt of this Offering Memorandum from Colliers International you agree: 1) The Offering Memorandum and its contents are confidential; 2) You will hold it and treat it in the strictest of confidence; and 3) You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller. Owner and Colliers International expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered. If you wish not to pursue negotiations leading to the acquisition of Subject Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum. A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Colliers International or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date of this Offering Memorandum. COLLIERS INTERNATIONAL 101 Second St, 11th Fl San Francisco, CA 94105 tel + 1 415 788 3100 fax+ 1 415 433 7844 www.colliers.com BRIAN LEUNG TOM ADLER lic. 01203473 lic. 02090169 Senior Vice President | Investments Associate | Investments direct + 1 415 288 7881 direct + 1 415 288 7885 email [email protected] email [email protected].
Load more

Recommended publications
  • A Year of Movement
    A Year of Movement San Francisco Municipal Transportation Agency Fiscal Year 2017-2018 Annual Report VISION Excellent transportation choices for San Francisco. MISSION We connect San Francisco through a safe, equitable and sustainable transportation system. Table of Contents Letter from the DOT About the SFMTA SFMTA Strategic Plan Moving Muni Forward Improving Access to Transportation Making Streets Safer with Vision Zero Building Out the Bike Network Driving Innovation Protecting the Environment Our Workplace Connects to the Transportation System Working with Communities Completed Projects FY 2017-2018 Projects on the Horizon Financial Information Key Performance Indicators Acknowledgments This annual report shares milestones and data covering the fiscal year that began July 1, 2017 and closed June 30, 2018. This period comprises the final year of the Fiscal Year 2013–2018 SFMTA Strategic Plan. A Year of Movement San Francisco is the epicenter of transportation innovation. This was true a century ago, when our city introduced Muni as the first publicly owned transit system in the nation. San Francisco continues to be the home of transportation innovations, from the great strides we’ve made to embrace environmentally friendly transportation options and being the home of the greenest public transit system in North America, to proactively designing streets that prioritize your safety and well-being no matter how you move around the city. Our annual report describes the many ways that we work to manage, operate and regulate the city’s transportation system to ensure that it is safe, reliable and equitable. Thanks to historic investments to replace and expand the entire Muni fleet with state-of-the-art light rail vehicles and new coaches, trolleys and hybrid buses, Muni now generates less than 2 percent of the city’s greenhouse gas emissions.
    [Show full text]
  • $173,095,000* San Francisco Municipal Transportation Agency Revenue Bonds, Series 2017
    PRELIMINARY OFFICIAL STATEMENT DATED MAY 16, 2017 New Issue — Book Entry Only Ratings: Moody’s: “Aa2” S&P: “AA” (See “RATINGS” herein) In the opinion of Norton Rose Fulbright US LLP, Los Angeles, California, and Amira Jackmon, Attorney at Law, Berkeley, California, Co-Bond Counsel, under existing statutes, regulations, rulings and court decisions, and subject to the matters described in “TAX MATTERS” herein, interest on the Series 2017 Bonds is excluded from the gross income of the owners thereof for federal income tax purposes and is not included in the federal alternative minimum tax for individuals or, except as described herein, corporations. It is also the opinion of Co-Bond Counsel that under existing law interest on the Series 2017 Bonds is exempt from personal income taxes of the State of California. See “TAX MATTERS” herein, including a discussion of the federal alternative minimum tax consequences for corporations. $173,095,000* SAN FRANCISCO MUNICIPAL TRANSPORTATION AGENCY REVENUE BONDS, SERIES 2017 Dated: Date of Delivery Due: March 1, as shown on the inside cover The San Francisco Municipal Transportation Agency Revenue Bonds, Series 2017 (the “Series 2017 Bonds”) are being issued by the San Francisco Municipal Transportation Agency (the “SFMTA”) pursuant to the Charter of the City and County of San Francisco (the “Charter”), and an Indenture of Trust dated as of July 1, 2012 between the SFMTA and U.S. Bank National Association, as successor trustee (the “Trustee”), as supplemented by the Fourth Supplement to Indenture of Trust dated as of Under no circumstances shall this Preliminary Official June 1, 2017 (collectively, the “Indenture”) between the SFMTA and the Trustee.
    [Show full text]
  • VTA's BART Silicon Valley Phase II Extension
    4/11/2016 VTA’s BART Silicon Valley Phase II Extension Santa Clara Community Working Group April 14, 2016 Agenda • Follow-up Items and Work Plan • Project Updates • Environmental Process • Envision Project Update • Financial Update of BART Phase II • City Related Projects within BART Corridor • Construction Outreach Best Practices Research Summary Update • Next Steps 2 1 4/11/2016 Role of the CWG • Be project liaisons • Receive briefings on technical areas • Receive project updates • Build an understanding of the project • Collaborate with VTA • Contribute to the successful delivery of the project 3 Your Role as a CWG Member • Attend CWG meetings – Bring your own binder (BYOB) • Be honest • Provide feedback • Get informed • Disseminate accurate information • Act as conduits for information to community at large 4 2 4/11/2016 Role of the CWG Team CWG Team Member Role Eileen Goodwin Facilitator Angela Sipp Primary Outreach Contact Leyla Hedayat Phase II Project Manager Erica Roecks/ Technical Lead Janice Soriano John Davidson City of Santa Clara – Planning Liaison 5 Upcoming Meetings Public Hearings for Draft Environment Document • Late May 2016 VTA Board of Directors • April 22, 2016 (Workshop Meeting) • May 5, 2016 • June 2, 2016 • June 24, 2016 BART Silicon Valley Program Working Committee • May 2, 2016 • August 8, 2016 Public meetings on specific technical topics - TBD 6 3 4/11/2016 Follow-up Items (1 of 2) • Remove Proposed East/West Station Process Item from the April agenda. • Add John Urban to Downtown CWG mailing list • Why do electric trains stop faster? – See attached response from Casey Fromson • Link to Caltrain EIR – identify traction power locations – See link under “Follow-Up Items” in February CWG meeting summary • Link to TRIP Outreach Plan – Links to the Next Network Project page and upcoming Next Network Community Meetings are provided in the Follow-Up Items log.
    [Show full text]
  • REPORT a Year of Movement
    A Year of Movement San Francisco Municipal Transportation Agency FISCAL YEAR 2017–2018 ANNUAL REPORT A Year of Movement San Francisco is the epicenter of transportation Through the implementation of the Fiscal Year As a new generation of travel options are introduced innovation. 2013-2018 SFMTA Strategic Plan, our agency documented to our city streets, we are committed to ensuring that many achievements, many of which are highlighted whatever new transportation technologies, whatever Vision This was true a century ago, when our city introduced in this annual report. Yet the city is not the same as new ways people choose to move around the city, Muni as the first publicly owned transit system in the Excellent transportation it was when the previous plan was developed. Not that these are consistent with “San Francisco values” nation. San Francisco continues to be the home of only has there been a tech industry boom and an — prioritizing transit service, safe streets, our transportation innovations, from the great strides we’ve choices for San Francisco. influx of new residents and workers, but there have economy and quality of life. These are values that made to embrace environmentally friendly transportation also been significant changes in how people get we, as San Franciscans can all stand behind. options and being the home of the greenest public around the city, as well as shifts in public needs transit system in North America, to proactively designing I am grateful to the 6,000 SFMTA employees and and expectations. That’s why we adopted a new streets that prioritize your safety and well-being no our many partners who help us make our Vision and Strategic Plan in 2018.
    [Show full text]
  • Central Subway Monthly Progress Report, September 2019
    ConnecƟng people. ConnecƟng communiƟes. Stockton Fully Reopened! Chinatown: Stockton Street between Jackson and Clay has been reopened to three lanes Progress Report September 2019 This page intentionally left blank 2 Table of Contents Executive Summary ............................................................................................... 5 Key Milestones .............................................................................................. 6 Costs and Schedule .............................................................................................. 7 Costs ............................................................................................................ 7 Earned Value Analysis .................................................................................. 7 Schedule Highlights ....................................................................................... 8 Master Project Schedule ............................................................................. 11 Contracts & Construction ................................................................................... 12 Contract 1300 Stations, Surface, Track and Systems ................................. 13 Work Package1254 Chinatown Station ................................................. 14 Work Package1253 Union Square / Market Street Station ................... 18 Work Package1255 Yerba Buena / Moscone Station ........................... 22 Work Package1256 Systems, Trackwork & Stations ............................ 25 Program Components
    [Show full text]
  • 2015 Report to Congress
    Will CongressChoose a NewDirection? 36th AnnualReport to Congress ~ ~~~ ~-~~------~---~--------~~---------t!:a-lfllo.............. ~l WillCongress Choose a NewDirection? 36thAnnual Report to Congress March2015 e METROPOLITAN TRANSPORTATION COMMISSION Publishedby the Legislationand 510.817.5700tel PublicAffairs Section 510.817.5848fax JosephP. Bort MetroCenter 510.817.5769tty/tdd 101Eighth Street [email protected] Oakland,California 94607-4700 www.mtc.ca.gov \..... .. ~'''ll '···,.... , \\, ........r ~. I ~~ .,.,·1Li.i.,i, /""",,,.. ..., ·, . ....... ................. .... .. ........... ··············-···--··--·······--···········--!···· :;7, ,.. ..., .. , <\ ~" --·-,\ ....t?S __ ;"" .. 10!,... .. .. ................. ,... , .•\ .••,\ .., . "\...._,.,·-... ••\, ~""'-, I .- ') 1 ...................................!. ····, 1·.. .., ', ,-.,r · ' Clo,erdale ,._, ) \ '··,f" , ( !J \, _/, '--\ r· .....................···- ---...-............. ........ "\ I ' (_-' '- -····\ . ....... -- ·-' l.... ', V" ~ ~ ~ 128 21 Healdsburg / i. Sltera·ptento <' C.fist~ \, ~~ ( ~ .,,.. ... Sonoma ...,. ~''\_ t> N r \ ,--- -; -, ! • 116 IOI Santa \\._ :!J /"'""-\._,...-./ ~ /: Oixon\ ~ ...) ~~ l ~ ' ~ l ~ !)- -.....~ / \ !> l \ Sebastopol ~12 ', ' You.ntviJle 121 • • \ • :; ..• ,)(_l !> ) !J 29 "" \ ' 116 Cotati RohnertPark !J 12 ··, , .\. .. !) •.......................~ :111:,1 113 l.... ........_// y-;- .•.....,ft ·,."' r' Napa~ ~. Fairfield ):,,' .., !J.., Petaluma Sonom\12 "<.,.= 71 ~;.;;;'°City • ' ./' '""\..._,,,.,.- ·,· ·····../'" "., ..._.- " '• .•....._,
    [Show full text]
  • Central®Subway
    central®subway Connecting people. Connecting communities. Transmittal CS Transmittal No. 2513 To: Jeff Davis From: Albert Hoe FTA, TRO-9 Project No./Contract No.: M544.1,CSP 90 Seventh Street, Suite 15-300 Task No./Title: Cost/Schedule Management San Francisco, CA 94103-6701 Project Phase: Construction Date: February 21, 2018 Subject: Monthly Progress Report January 2018 Sent via: D mail D overnight D messenger D hand-delivered D fax-No: email - Address: Jeffrey, s. d a [email protected] The following: For your: Due date: a copy of tetter/memo D estimate E] information/use N/A D minutes/agenda D schedule D action s report \_\ deliverable D review/comment d presentation D review comment form D response to comment D cd / dvd D no review comment form D concurrence a specifications D review comments D incorporation of comments D half-size drawings D response to comments D verification a full-size drawings D concurrence with response D signature D sketches/maps/layouts D verification of incorporation D acceptance/approvat D reference material D acceptance/approva! D other a other Item No. Copies Description Rev. No. Date 1 1 Monthly Progress Report (January 2018) 0 2/21/2018 If enclosures are not as noted/ kindly notify us at once. Remarks: This Monthly Progress Report includes cost and schedule details as appendices. ^ Albert Hoe Program Director (Acting) AH:dl ec: Pete Hankovszky, PMOC (PHankovszky@)deainc.com) Kate Breen, SFMTA Bill Byrne, PMOC (BBvrneiadeainc.com) Candace Sue, SFMTA Luiz Zurinaga, SFCTA (luis.zurinaaa(5)sfcta.ora) Monique Webster, SFMTA Anna LaForte, SFCTA (anna.laforteOsfcta.ora) Bryant Tan, SFMTA Maria Lombardo, SFCTA (maria.lombardoOsfcta.ora) Eric Stassevitch, CSP Bernardo Bustamante (Bernardo.
    [Show full text]
  • 2019-019722Cua
    Executive Summary Conditional Use Authorization HEARING DATE: JULY 30, 2020 Record No.: 2019-019722CUA Project Address: 916 KEARNY STREET Zoning: Chinatown-Community Business (CCB) Zoning District 65-N Height and Bulk District Block/Lot: 0176/013 Project Sponsor: Tara Sullivan Reuben, Junius & Rose, LLP 1 Bush Street, Suite 600 San Francisco, CA 94104 Property Owner: Sofia Properties, LP 916 Kearny Street San Francisco, CA 94133 Staff Contact: Jonathan Vimr – (415) 575-9109 [email protected] Recommendation: Approval with Conditions PROJECT DESCRIPTION The Project would convert an existing office use at floors three through seven of the landmark Columbus Tower (aka Sentinel Building) to a Hotel use occupying 5,743 square feet and accommodating 15 guest rooms. Limited ground floor interior alterations are proposed to create the hotel lobby and reception area. No changes are proposed for the exterior, basement, ground floor restaurant, second, or eighth floors. REQUIRED COMMISSION ACTION In order for the Project to proceed, the Commission must grant a Conditional Use Authorization, pursuant to Planning Code Sections 121.4, 303, and 810, to allow for a change of use to a Hotel exceeding 5,000 square feet in the Chinatown-Community Business Zoning District. ISSUES AND OTHER CONSIDERATIONS • Public Comment & Outreach. o Support/Opposition: As of the writing of this report, the Department has received no letters in support of or opposition to the project. • Hotel Use. o Coronavirus Pandemic: In order to approve a Conditional Use Authorization for a hotel the Planning Commission must consider, among other things, the market demand for a hotel of the type proposed.
    [Show full text]
  • Short Range Transit Plan
    SHORT RANGE TRANSIT PLAN SFMTA.COM Fiscal Year 2017 - Fiscal Year 2030 2 Federal transportation statutes require that the Metropolitan Transportation Commission (MTC), in partnership with state and local agencies, develop and periodically update a long-range Regional Transportation Plan (RTP), and a Transportation Improvement Program (TIP) which implements the RTP by programming federal funds to transportation projects contained in the RTP. In order to effectively execute these planning and programming responsibilities, MTC requires that each transit operator in its region which receives federal funding through the TIP, prepare, adopt and submit to MTC a Short Range Transit Plan (SRTP). The preparation of this report has been funded in part by a grant from the U.S. Department of Transportation (DOT) through section 5303 of the Federal Transit Act. The contents of this SRTP reflect the views of the San Francisco Municipal Transportation Agency, and not necessarily those of the Federal Transit Administration (FTA) or MTC. San Francisco Municipal Transportation Agency is solely responsible for the accuracy of the information presented in this SRTP. SFMTA FY 2017 - FY 2030 SRTP Anticipated approval by the SFMTA Board of Directors: Middle of 2017 TABLE OF CONTENTS 1. OVERVIEW OF THE SFMTA TRANSIT SYSTEM 7 Brief History 7 Governance 8 Transit Services 12 TABLE OF CONTENTS OF TABLE Overview of the Revenue Fleet 17 Existing Facilities 18 2. SFMTA GOALS, OBJECTIVES & STANDARDS 27 The SFMTA Strategic Plan 27 FY 2013 - FY 2018 Strategic Plan Elements 29 SFMTA Performance Measures 30 3. SERVICE & SYSTEM EVALUATION 35 Current Systemwide Performance 35 Muni Transit Service Structure 40 Muni Service Equity Policy 41 Equipment & Facilities 42 MTC Community-Based Transportation Planning Program 42 Paratransit Services 43 Title VI Analysis & Report 44 3 FTA Triennial Review 44 4.
    [Show full text]
  • 952-960 HOWARD STREET DEVELOPMENT SAN FRANCISCO Pre-Lease Opportunity
    NEW 952-960 HOWARD STREET DEVELOPMENT SAN FRANCISCO Pre-Lease Opportunity BARRY R. BRAM Executive Director, CCIM, LEEP AP [email protected] Cell: 415.516.3313 DRE# 00639738 952-960 LOCATED IN WEST YERBA BUENA HOWARD STREET OFFERING SUMMARY: Ceiling Height: Varying Building Size: First Floor, Approx. 9,482 SF* Zoning: MUR Office/PDR Mezzanine Approx. 1,357 SF* Second Floor, Approx. 5,716 SF* PROPERTY HIGHLIGHTS: Third Floor, Approx. 11,247 SF* • All New State of the Art *RSF to be confirmed after load factor is calculated. Year Built: 1920 Renovation: 2020/2021 The information has been secured by starboard tcn from sources believed to be reliable. it is not guaranteed, however, and should be verified prior to consummating any transaction. Lic#01103056 1ST FLOOR The information has been secured by starboard tcn from sources believed to be reliable. it is not guaranteed, however, and should be verified prior to consummating any transaction. Lic#01103056 2ND FLOOR The information has been secured by starboard tcn from sources believed to be reliable. it is not guaranteed, however, and should be verified prior to consummating any transaction. Lic#01103056 3RD FLOOR The information has been secured by starboard tcn from sources believed to be reliable. it is not guaranteed, however, and should be verified prior to consummating any transaction. Lic#01103056 952-960 HOWARD STREET CENTRAL SUBWAY STEVENSON ST STEVENSON ST ANNIE ST ANNIE T T T THE CENTRAL SUBWAY PROjECT T S S S YERBA YERBA S JESSIE JESSIE ST BUENA LN BUENA ST D D H H T N R T 4 2 MINT ST MINT 3 5 The San Francisco Municipal Transportation Agency’s MISSION ST (SFMTA) Central Subway Project will construct a new 1.7- mile extension of Muni’s T Third Line.
    [Show full text]
  • $177,830,000 San Francisco Municipal Transportation Agency Revenue Bonds, Series 2017
    New Issue - Book Entry Only Ratings: Moody's: "Aa2" S&P: "AA" (See "RATINGS" herein) In the opinion of Norton Rose Fulbright US LLP, Los Angeles, California, and Amira J ackmon, Attorney at Law, Berkeley, California, Co-Bond Counsel, under existing statutes, regulations, rulings and court decisions, and subject to the matters described in 'TAX MATTERS" herein, interest on the Series 2017 Bonds is excluded from the gross income of the owners thereof for federal income tax purposes and is not included in the federal alternative minimum tax for individuals or, except as described herein, corporations. It is also the opinion of Co-Bond Counsel that under existing law interest on the Series 2017 Bonds is exempt from personal income taxes of the State of California. See 'TAX MATTE RS" herein, including a discussion of the federal alternative minimum tax consequences for corporations. $177,830,000 SAN FRANCISCO MUNICIPAL TRANSPORTATION AGENCY REVENUE BONDS, SERIES 2017 Dated: Date of Delivery Due: March l, as shown on the inside cover The San Francisco Municipal Transportation Agency Revenue Bonds, Series 2017 (the "5 eries 2017 Bonds") are being issued by the 5 an Francisco Municipal Transportation Agency (the "5 F MTA'') pursuant to the Charter of the City and County of 5 an Francisco (the "Charter"), and an Indenture of Trust dated as of July l, 2012 between the SFMTA and U.S. Bank National Association, as successor trustee (the 'Trustee"), as supplemented by the Fourth Supplement to Indenture of Trust dated as of June l, 2017 (collectively, the "Indenture") between the 5 FMTA and the Trustee.
    [Show full text]
  • GTS Polymer Rubber Gel White Paper
    Polymer Rubber Gel Technology High Performance Waterproofing for Shotcrete and Blindside Applications J. Huh RE-Systems Group Americas, Minneapolis, MN, USA T. S. Lee PE, GE WSP, San Francisco, CA, USA ABSTRACT: Polymer rubber gel (PRG) waterproofing technology is effective and proven for the challenges of underground construction. Key characteristics for PRG waterproofing sys- tems: (1) superior substrate adhesion, (2) responsiveness to substrate movement, (3) non-curing, (4) self-healing, (5) chemical resistance, and (6) environmentally friendly. PRG technology combined with durable, flexible, fleece, reinforced HDPE creates a dynamically responsive wa- terproofing assembly. This blindside system comprises the following (1) 20-mil HDPE fleece sheet installed against the lagging, (2) PRG is spray applied at a thickness of 100 to 115-mil, (3) 20-mil HDPE fleece sheet is embedded into the PRG. Shotcrete or concrete is installed against the assembly. This system is a high-performance membrane providing the benefits of fluid and rigid protection. This technology is successfully used for waterproofing large-scale subway sta- tions. This paper describes (1) PRG’s characteristics of a high-performance waterproofing sys- tem, (2) PRG providing effective solutions for shotcrete and blindside applications. 1 INTRODUCTION Selection of a high-performance waterproofing system is essential to the success of any tunnel or below-grade structural waterproofing application. Waterproofing poses distinct challenges in performance, design, and application. One of the key determining factors of a waterproofing system is based on the method of planned construction. Two distinct methods of application are used for waterproofing structures; Positive Side and Blindside application. Positive side appli- cation is commonly used when the application of the waterproofing membrane installed directly to the outside surface of a concrete structure.
    [Show full text]