Ground-Up Multifamily Development
- Joint-Venture formed with a family office that owns property in April 2023.
- The property is currently a 5,000 SF 2-tenant underutilized retail strip building on 35,000 square land parcel with month-to-month leases.
- Planning underway for a new Class A residential project with ground-floor retail with two levels of parking. Project will be market rate residential project with 20% affordable units included within.
- Property is 3 short blocks off the main retail corridor of highly sought after Willow Glen neighborhood of San Jose along Lincoln Avenue and close proximity to Hwy 280 interchange