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San Francisco — Jan. 7, 2016 — Leading national real estate investment and management firm Jamestown, L.P., announced the acquisition of Larkspur Landing Office Park in the city of Larkspur, in Marin County, California.
Situated 11 miles north of San Francisco, the three-building campus totals 199,046 square feet of office space. Built between 1978 and 1980, the complex is at 700-1100 Larkspur Landing Circle.
The city of Larkspur is at the heart of the current resurgence in the Central Marin County office market, bolstered by dramatic expansion in San Francisco. The Larkspur market is also experiencing high demand by business owners who desire a location near the enclaves of Sausalito, Kentfield, and Belvedere/Tiburon, as well as by professionals who want to work close to home.
Larkspur Landing’s diverse mix of tenants includes hedge fund and wealth management firms, financial and professional services, insurance and private equity firms, and technology companies.
“We’re excited to continue our investment in community-focused boutique office and retail environments,” said Jamestown’s Michael Phillips. “We look forward to collaborating with Jim Rosenfield and the team at the Marin Country Mart and adding a dimension to the community that he is building.”
Situated on 9.4 acres, the office complex features a campus with a centrally located, 100,000-square-foot courtyard with green space and outdoor seating. Each of the project’s three buildings is connected by a bridge to the central courtyard.
The property is across the street from the Marin Country Mart, a revitalized open-air shopping destination featuring a variety of retail amenities, including eateries, boutiques, fitness facilities, and other services, enhanced by frequent community and special events.
The property is located directly across from the Larkspur Ferry Terminal, which offers direct service to the San Francisco Financial District and AT&T Park, and connects with the Marin Airport, which provides daily service to the San Francisco International Airport.
The location is convenient to Highway 101, which is Marin County’s primary link to San Francisco via the Golden Gate Bridge.
Additionally, current plans for the Sonoma-Marin Area Rail Transit (SMART) will terminate this rail system just south of the property, providing a major future amenity for the property’s tenants.
Larkspur complements Jamestown’s existing creative office portfolio in San Francisco that today includes 731 Market Street, 799 Market Street, and Waterfront Plaza.
Jamestown has a celebrated reputation for restoring and enhancing high profile, historic real estate, with a deep focus on exceptional retail and commercial experiences. Leading examples include San Francisco’s storied Ghirardelli Square, Atlanta’s Ponce City Market, and Chelsea Market in New York City.
Jamestown’s Bay Area portfolio also includes Alameda South Shore Center and Fourth Street — an urban high street retail project located at the southern end of Fourth Street in Berkeley, Calif.
Jamestown, L.P. was established in 1983 as an investment and management company focused on income-producing real estate in the United States. Over the last 32 years, Jamestown has expanded into a national, vertically integrated real estate operator with about $9.4 billion of assets under management. For more information, visit www.jamestownlp.com.
