SAN FRANCISCO—Currently, more than 5.7 million square feet ofoffice space is under construction or planned in SoMa's adjacentneighborhoods with more than 5,000 residential units also underconstruction, approved or planned. One of the properties in thearea, 200 Kansas St., is located one mile from Oracle Park andChase Center, not only the Warriors' new home but the city'slargest concert venue.
Presidio Bay Ventures in a joint venture with Kinship Capital, aprivate real estate investment firm, recently acquired thedesirably located asset. The seller was an entity sponsored byAscent Real Estate Advisors, the principals of which are DeanBenjamin and John Porges.
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