5th & Martha

Location
San Jose, California
Type
Condominiums
Size
150 units
Year Built
1925
Project Description
Project Management

This project is made up of four buildings fused together, originally built as a fruit salad canning factory and used as industrial space for furniture manufacturing, storage, and art studios.

The assignment was to provide the owner a long-term exit strategy through a joint venture development our outright sale. We reviewed the development opportunities and challenges. We identified issues and concerns, resolved problems, and quantified risks.

We went down both outright sale and joint venture tracks simultaneously and ultimately sold the property to an investor/owner.