SAN FRANCISCO-Harvest Properties and partner Kinship Capital, has sold the Pioneer Building to New York-based Bridgeton Holdings for an undisclosed sum. Harvest and Kinship had recently repositioned the “jewel box” office building located in the heart the Mission District, at 3180 18th Street.
Harvest, a full service commercial real estate investment, development and management firm based in Emeryville, currently manages the building and will continue to do so for the new owners. The property was acquired by Harvest and Kinship Capital. in an off-market transaction in February of 2012. The partners completed a full state-of-the-art renovation enhancing the building's original charm and successfully lured top tier technology start-up, Stripe, out of the South of Market area (SOMA) helping make the Mission District a burgeoning commercial real estate scene.
A high profile online payment company currently working on a deal with Twitter to allow users to purchase products directly from the site, Stripe recently announced securing approximately $80 million in Series C funding from premier venture capital firms.
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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.
