SAN FRANCISCO—Developers have a plan to convert the KRONTV headquarters at 1001 Van Ness Ave. toas many as 200 housing units after the station moves to new spacelater this year.
A partnership between South Beach Partners andOryx Partners acquired the 106,777-square-footbuilding from KRON's parent company, according to a report in theSan Francisco Business Times. Terms of the deal were notdisclosed. The station plans to move to a new space in the northwaterfront later this year.
Oryx Partners will manage the redevelopment of the property,which is zoned for up to 200 units of multifamily.The development entity is made up of three principals with realestate and development backgrounds including Juan CarlosWallace, who recently worked for SKS Real EstatePartners, attorney John Ramsbacher, andLaura Billings, founder of Sage GreenDevelopment, the Times reports.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
