Presidio Bay Ventures

What Presidio Bay Ventures does

Presidio Bay Ventures is a privately held, San Francisco-based commercial real estate investment and development firm founded in 2012 and operating across more than nine US states and territories. The firm acquires, designs, develops, and operates four product types — Class A commercial office, multi-family residential, mission-critical federal government facilities, and large-scale mixed-use districts — for both private sector tenants and federal agencies. Its mission-critical work is secured through long-duration (15-year) GSA leases with agencies including the FBI, DEA, SSA, DHS-USCIS, VA, and BLM, providing a stable revenue base alongside enterprise tenants such as Samsara (86,000 sq ft global headquarters) and Collective Health (57,000 sq ft pre-leased HQ). Notable projects include Springline (Menlo Park mixed-use), Ventana Residences (193 units including 48 affordable), 345 Middlefield (proposed 670 units / 740,000 sq ft office on a 17-acre Menlo Park site acquired from the GSA for $137 million), the under-contract 1.2 million sq ft San Francisco Centre Mall (JV with Prado Group), and Pier 70 Parcel K North (JV with Brookfield).

The firm differentiates on a "Hospitable Thinking" design philosophy, LEED Gold and WELL Building Standard certification (85 Bluxome was the first ground-up office to achieve both), and a placemaking / art-in-architecture narrative. It operates an institutional capital platform via Juniper Square and holds minority venture investments in roughly nine proptech companies (IOTAS, LATCH, Amenify, Avantstay, Fernish, Climate Alpha, Turboprop, Hamlet, MINE) that supply smart-building, amenity, climate analytics, and furnishings capabilities into its projects. The 11-50 employee firm is led by founder/CEO Cyrus Sanandaji (2024 SFBT Dealmaker of the Year, 2025 SF 100) and Kabir Seth (2025 SFBT 40 Under 40). No public funding rounds, venture capital backers, or parent company have been disclosed; the business is structured as Presidio Bay Ventures, LLC, domiciled in California. Revenue is not publicly disclosed; scale is implied by 30+ active projects, multi-state operations, and a single nine-figure land acquisition.

Name

Presidio Bay Ventures

Legal name

Presidio Bay Ventures, LLC

Website

https://presidiobay.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Presidio Bay Ventures is a privately held San Francisco-based commercial real estate investment and development firm that designs, builds, and operates Class A office, residential, mission-critical government, and mixed-use projects across the United States for federal agencies and enterprise tenants.

Ownership category

akta.pro rank

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Real Estate Development and Investment: Presidio Bay generates revenue through the development, construction, and operation of commercial real estate properties including office buildings, residential developments, mixed-use districts, and mission-critical government facilities. Revenue is generated through property sales, long-term leasing, and asset management fees.
2. Government Leasing and Mission-Critical Facilities: Long-term leases with federal and local government agencies including GSA leases for Social Security Administration, FBI, DEA, DHS-USCIS, Bureau of Land Management, and other federal entities. These provide stable, long-duration cash flows.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Presidio Bay Ventures is a commercial real estate investment and development firm that focuses on the design, construction, and operation of a diverse set of property types — including Class A office, multi-family residential, mission-critical government facilities, and mixed-use districts — for private and public sector tenants across the United States. The firm delivers end-to-end real estate services spanning site acquisition, entitlement, design, construction, leasing, and long-term asset management, with recurring revenue anchored by 15-year GSA leases from federal agencies.

Product overview

Presidio Bay Ventures is a commercial real estate investment and development firm that focuses on the design, construction, and operation of diverse property types including commercial office buildings, residential multi-family developments, mission-critical government facilities, and mixed-use districts across the United States. The company operates as a single integrated real estate development platform rather than a modular software product. Their portfolio includes notable projects such as Springline (Menlo Park mixed-use), Ventana Residences (SF affordable housing), 85 Bluxome (LEED Gold/WELL certified office), The Quinn (art-branded condominiums), and various government projects including VA centers and federal office buildings through GSA leases. Their approach emphasizes holistic placemaking, sustainability certifications (LEED, WELL), and technology-enabled buildings.

Differentiator

Problem solved

Functional benefit

Brands

• Venture Portfolio Companies: Presidio Bay has invested in venture portfolio companies including Amenify, Avantstay, Climate Alpha, Fernish, Hamlet, IOTAS, LATCH, MINE, and Turboprop.

Products and services

• Commercial Real Estate Development Design, construction, and operation of Class A commercial office buildings and industrial/life-science spaces for private-sector technology, healthcare, and creative tenants across the US. Includes pre-leasing during construction, tenant build-outs, and ongoing asset management.
• Residential Real Estate Development Development of multi-family residential buildings including market-rate apartments and condominiums as well as permanently affordable housing for low-income families, in supply-constrained California markets such as San Francisco, Menlo Park, and Oakland.
• Mission-Critical Government Facility Development Design, construction, and long-term lease of purpose-built federal facilities — including office, law enforcement field offices, and outpatient healthcare — delivered under 15-year GSA leases to agencies such as SSA, FBI, DEA, DHS-USCIS, BLM, and VA, with compliance to Interagency Security Committee standards.
• Mixed-Use District Development Integrated transit-oriented and master-planned developments combining residential, commercial office, retail, and public/community spaces, exemplified by projects such as Springline (Menlo Park) and 345 Middlefield (Menlo Park).
• Springline A specific transit-oriented mixed-use project in Menlo Park combining two 100,000 sq ft Class A office buildings, 183 apartments, and roughly 29,000 sq ft of retail and dining.
• Ventana Residences A 193-unit residential development in San Francisco including 48 permanently affordable units for low-income families, delivered in partnership with SF Planning and SF MOHCD.
• 345 Middlefield A 17-acre proposed mixed-use development in Menlo Park, planned to include approximately 670 residential units and 740,000 sq ft of office space plus retail; recipient of the 2026 CoStar Impact Award.
• 85 Bluxome A Class A office building in San Francisco that is the first ground-up development to receive both LEED Gold and WELL certifications, pre-leased by Collective Health as its headquarters.
• 777 Industrial A life-science commercial property in San Carlos, California, developed as a new life-science submarket.
• The Spear (88 Spear Street) A mixed-use office building at 88 Spear Street in San Francisco being converted to include co-working facilities and a rooftop bar.
• The Quinn Branded mixed-media condominium project in San Francisco's SoMa district developed in collaboration with artist Kelcey Fisher (KFiSH).
• The Amador A California Modern style mixed-use building in Oakland with 25 residential apartments above ground-floor retail.
• Slate Residences A 16-unit multi-family development in San Francisco's SoMa district featuring smart-home technology, a roof deck, and Bay Bridge views.
• Ampersand A 117,280 sq ft mixed-use campus in San Francisco's SoMa district consisting of two 5-story Class A commercial office buildings.
• VA Center Wausau A redeveloped 88,000 sq ft outpatient healthcare facility leased to the U.S. Department of Veterans Affairs in Wausau, WI.

Quantifiable outcome

• 2026 CoStar Impact Award for 345 Middlefield Road project
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• AmenifyminorStrategic or Co-development PartnerTechnology venture portfolio company providing amenity management services for residential and commercial properties
• AvantstayminorStrategic or Co-development PartnerVenture portfolio company providing hospitality and short-term rental management services
• FernishminorStrategic or Co-development PartnerVenture portfolio company providing furniture and furnishing services for residential properties
• HamletminorStrategic or Co-development PartnerVenture portfolio company in the real estate technology space
• General Services Administration (GSA)coreStrategic or Co-development PartnerLong-term government partner for federal real estate leasing. Presidio Bay negotiates 15-year leases with GSA on behalf of various federal agencies including SSA, DEA, FBI, and BLM
• Prado GroupcoreStrategic or Co-development PartnerSan Francisco-based developer partner joint venture for large-scale development projects including San Francisco Centre Mall acquisition
• Brookfield (Pier 70 Masterplan)minorStrategic or Co-development PartnerDevelopment partner for Pier 70 masterplan where Presidio Bay acquired Parcel K North for residential development

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Tishman Speyer: Global diversified commercial real estate developer and investor with major exposure to office, life science, and mixed-use assets in gateway cities. Comparable to Presidio Bay for large-scale mixed-use and office development, but at materially greater scale and global footprint.
• The Related Companies: Large diversified developer of mixed-use, residential, and office properties with a strong focus on placemaking and design-led urban development. Comparable to Presidio Bay for design philosophy and mixed-use district approach, with broader national footprint and affordable housing platform.
• Lincoln Property Company: National commercial real estate firm operating across development, investment, and property management for office, multifamily, mixed-use, and industrial. Comparable to Presidio Bay across product types, with significantly larger headcount and geographic reach.
• Brookfield Property Group: Major global real estate investor and operator with deep office, multifamily, and mixed-use exposure. Already a direct counterparty on the Pier 70 masterplan with Presidio Bay, and comparable as a development partner / capital source in the same asset classes.
• Boston Properties (BXP): Publicly traded office REIT and developer of Class A office, mixed-use, and life science properties in gateway U.S. markets. Comparable to Presidio Bay for premium Class A office positioning and large mixed-use districts, though at materially larger scale.

Direct peers

• Kilroy Realty Corporation: West Coast-focused publicly traded office REIT that develops, owns, and manages Class A office and mixed-use properties — particularly in the San Francisco Bay Area and Los Angeles. Direct competitor to Presidio Bay in Bay Area Class A office development.
• Sares-Regis Group: Western U.S. real estate developer and investment manager focused on multifamily, mixed-use, and commercial properties primarily in California. Direct comparable to Presidio Bay for California multifamily and mixed-use development, with similar regional concentration.
• Carmel Partners: San Francisco-headquartered private real estate investment firm focused on multifamily development, including market-rate and affordable housing, primarily in California. Closely comparable to Presidio Bay's residential development platform and California focus.
• Strada Investment Group: Bay Area-headquartered real estate investment and development firm focused on mixed-use, multifamily, and office projects in urban infill locations. Direct competitor to Presidio Bay in San Francisco mixed-use and urban residential development.
• TMG Partners: Bay Area real estate developer specializing in large-scale, complex mixed-use and transit-oriented infill development. Direct comparable to Presidio Bay on Bay Area mixed-use districts and entitlement-driven development approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/presidiobay
• LinkedInlinkedin.com/company/presidio-bay
• Instagraminstagram.com/presidiobay
• Xx.com/presidiobay

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Presidio Bay Ventures