139 Townsend

Location, Location, Location

Located between 2nd and 3rd Street in San Francisco South of Market district, 139 Townsend was our second acquisition. We bought the historic warehouse in 1997, recognizing its fundamental qualities and prime location masked beneath years of deferred maintenance.

Property details

Size: 57,193 SF

Type: Office

Location: 139 Townsend St
San Francisco, CA

Expertise: Investment & Acquisitions

139 Townsend is one of many properties in our portfolio that demonstrate our ability to see opportunity that others overlook.

The five-story, 60,000–square foot building was constructed with a heavy timber frame and classic brick facade. Its industrial aesthetic offered the high ceilings, open spaces, and natural warmth new tech companies were seeking. The building had been structurally upgraded by the previous owner, so we repointed all of the brick, and upgraded the building’s systems to make its functionality match its architectural appeal.

Once the renovation was complete we repositioned the building for the tech market and also managed all of the marketing and leasing, bringing this once fallow space back to life.