SAN FRANCISCO—Currently, more than 5.7 million square feet of office space is under construction or planned in SoMa's adjacent neighborhoods with more than 5,000 residential units also under construction, approved or planned. One of the properties in the area, 200 Kansas St., is located one mile from Oracle Park and Chase Center, not only the Warriors' new home but the city's largest concert venue.
Presidio Bay Ventures in a joint venture with Kinship Capital, a private real estate investment firm, recently acquired the desirably located asset. The seller was an entity sponsored by Ascent Real Estate Advisors, the principals of which are Dean Benjamin and John Porges.
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