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333 Valencia (County of San Francisco)
333 Valencia St, San Francisco, CA, 94103-3547, US
5,173 m²
Jones Lang LaSalle America’s Inc., (JLL), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 2600 Tenth Street (the “Property” or “2600 Tenth”), a 7-story office tower and 2-story annex which is well-suited for R&D tenants in Berkeley, California, the East Bay’s growing hub for innovation.
The 2.64 acre site offers the rare opportunity to possess a full city block in the heart of West Berkeley, providing proximity to top-tier amenities, elite research talent, and growing companies born from UC Berkeley based startup incubators. The 7-story office tower has been historically well-leased and boasts West Berkeley’s only office space with 360 degree Bay views. Additionally, Berkeley is a leader in the Inner East Bay for R&D & life sciences tenancy, as tenants are increasingly drawn to the submarket’s infrastructure, proximity to leading startups, and recent zoning changes aimed at facilitating innovation and R&D in the city. The Property is also rooted in a distinguished history in the music & film industries as the original home of the renowned Sault Zaentz Film Center and Fantasy Studios, often referred to as “The House that Creedence Built.”
2600 Tenth Street, along with its deep historical presence in the Bay Area, offers investors the extremely rare and timely opportunity to acquire a full city block in an A+ Berkeley location with extensive business plan optionality.