DC Station
Daly City

In April 2018, a joint venture, sponsored by Harvest Properties, acquired DC Station at 2001 Junipero Serra Boulevard, Daly City, California. The LEED-EB Silver, office tower is comprised of a nine-story, multi-tenant, best-in-class office building totaling approximately 383,000 square feet.

During its ownership period, Harvest leased over 100,000sf of the project to a variety of tenants both office and life science users, specifically those in the biotech, medical, and health services fields.  To further capitalize on robust life science demand, Harvest completed a detailed life science feasibility study and designed lab space floorplans to accommodate the conversion of ~50% of the project to life science use, positioning the asset for a successful sale to a life science buyer in Q2 2021.

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Location
Daly City, CA
Hold Period
April 2018 - May 2021
Size
383,000 sq ft.
Investment Type
Value Add Office / Life Science