What Harvest Properties does

Harvest Properties is a privately held, vertically integrated commercial real estate investment and development firm founded in 2002 by John Winther and headquartered in the San Francisco Bay Area. The firm acquires, develops, repositions, and manages office, industrial, life science, mixed-use, self-storage, and residential properties through joint ventures with institutional capital partners including Invesco, LaSalle Investment Management, Cerberus Capital Management, Prudential, PGIM, Principal Real Estate Investors, New York Life Real Estate Investors, and Stockbridge. Across 23 years of operation, Harvest has executed $3.7B+ in transaction volume across 40+ joint venture transactions with 20+ institutional partners, and currently oversees more than 10 million square feet across 8 Bay Area offices spanning Foster City, Oakland, Redwood City, San Francisco, San Jose, San Mateo, San Rafael, and Santa Clara.

The firm serves two primary customer segments: institutional investors and JV capital partners seeking Bay Area exposure and operating expertise, and corporate tenants (technology, life science, healthcare, and professional services firms) leasing space in Harvest-owned and JV-owned assets. Revenue is generated through three streams: transaction gains and fees on property acquisitions and dispositions, recurring asset and property management fees on the managed portfolio, and development/entitlement fees from ground-up and re-entitlement projects (including the recent pivot into for-sale residential townhomes and self-storage facilities). Go-to-market is enterprise field sales driven by direct relationships with capital partners and corporate tenants, supplemented by JV partnerships with co-developers such as Prometheus Real Estate Group. There is no proprietary technology platform; operations are supported by an in-house team of roughly 100–250 professionals across acquisitions, development, construction, asset management, property management, leasing, investor relations, and accounting functions, with investor and tenant login portals serving as the primary digital touchpoints.

The portfolio is diversified across asset types and geographies but is exclusively concentrated in the Bay Area, making the firm highly exposed to local market cycles. Notable recent strategic actions include the September 2025 acquisition of Clearview Business Park with Stockbridge for a 225-townhome redevelopment (15% affordable), the March 2025 completion of the Vallejo Self Storage facility operated by Extra Space Storage, and ongoing mixed-use ground-up developments at The Landing (East Palo Alto) and Downtown San Mateo (with Prometheus). The firm is led by founder/Managing Partner John Winther and Partners Joss Hanna, Preston O'Connell, and Blair Volckmann.

Name

Harvest Properties

Legal name

Harvest Properties

Website

https://harvestproperties.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Harvest Properties is a privately held, vertically integrated Bay Area commercial real estate firm founded in 2002 that acquires, develops, repositions, and manages office, industrial, life science, mixed-use, self-storage, and residential properties through joint ventures with institutional capital partners, overseeing 10M+ square feet across 40+ transactions.

Ownership category

akta.pro rank

Headquarters

HQ city

Oakland

HQ country

United States

HQ region

North America

Offices8 records

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. Property Acquisition and Disposition: Harvest acquires commercial properties, implements value-add strategies through repositioning, leasing, and capital improvements, then sells properties to generate returns for the company and its investors.
2. Asset and Property Management: Ongoing management fees from overseeing a portfolio of office, industrial, life science, and mixed-use properties across the Bay Area for institutional investors and joint venture partners.
3. Development and Entitlement: Ground-up development and re-entitlement of properties from commercial to residential use generates revenue through project completion and sale or lease-up of new product.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Harvest Properties is a vertically integrated, full-service commercial real estate firm that acquires, develops, repositions, manages, and disposes of office, industrial, life science, mixed-use, self-storage, and residential properties across the San Francisco Bay Area. The firm executes these activities primarily through joint ventures with institutional capital partners and serves both capital partners and corporate tenants seeking Bay Area commercial space.

Product overview

Harvest Properties is a vertically integrated, full-service commercial real estate investment and development firm specializing in the Bay Area market. The company operates across multiple property types including office buildings, mixed-use developments, life science facilities, residential projects, self-storage facilities, and retail centers. The portfolio consists of individual investment properties rather than a unified software platform—each property functions as a distinct product line managed through the company's investment, development, and property management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Peninsula Heights (Peninsula Office Park) A six-building, 26-acre low-density office campus in San Mateo with residential entitlement for 290 units, acquired in joint venture with Invesco and serving corporate tenants such as GoPro and Tesla.
• 4040 Nelson A 184,999 square-foot R&D and warehouse facility in Concord, CA serving as Fresenius Medical Care's West Coast headquarters.
• Vallejo Storage A newly constructed 76,288 sq. ft. self-storage facility in Vallejo, CA with 919 units, managed by Extra Space Storage.
• 360 Spear A 5-story, 179,277 sq. ft. mixed-use commercial project in San Francisco's South Financial District accommodating life science, PDR, data center, and creative office tenants including Verizon, AT&T, Lattice, and Vitalant Research Institute.
• Downtown San Mateo Re-Development A multi-site mixed-use re-development project with Prometheus Real Estate Group comprising approximately 310,000 sq. ft. of boutique office space, 22,000 sq. ft. of ground floor retail, and 130 residential units.
• The Landing A 17.8-acre mixed-use development project in East Palo Alto featuring 918,000 sq. ft. of office, life science, retail and community space plus 95 affordable housing units.
• 180 Grand Ave A 15-story LEED Platinum 278,596 sq. ft. office tower in Oakland's Uptown neighborhood.
• 400 Montgomery A 12-story 85,011 sq. ft. historic office building in San Francisco's Northern Financial District, originally constructed in 1901.
• Catalyst Peery Park A 14.4-acre shovel-ready commercial development site in Sunnyvale with Phase I (195,000 sf) office building completed in December 2020 for LinkedIn under a 15-year lease.
• DC Station A 383,000 sq. ft. LEED-EB Silver nine-story office tower in Daly City with value-add office and life science conversion potential.
• Towers @ 2nd Two Class B high-rise office towers in Downtown San Jose totaling 411,544 sq. ft., featuring WeWork as a major tenant.
• 55 Hawthorne A 142,287 sq. ft. Class A office building in San Francisco's South of Market neighborhood, leased to Yelp.
• Bay Center A 328,283 sq. ft. office and life science campus in Emeryville with expansion approval for a new 210,000 sq. ft. life-science building.
• Grant Road Marketplace A 114,288 sq. ft. neighborhood shopping center in Mountain View anchored by Marshalls/Home Goods and City Sports Club.
• Napa Self-Storage A multi-story self-storage development project in Napa with Phase I delivering 439 units in 2024, managed by Extra Space Storage.
• 115 Sansome A 14-story 128,838 sq. ft. historically significant office building in San Francisco's North Financial District repositioned as creative workspace.
• 6850 Stevenson A 143,430 sq. ft. light manufacturing and warehouse facility in Fremont fully leased to Oldcastle Building Envelope.
• 1149 Chess A 126,345 sq. ft. lab, R&D, and office facility in Foster City leased to Zoox, Amazon's autonomous vehicle company.
• Pioneer Building A 37,104 sq. ft. creative office asset in San Francisco's Mission District, originally a trunk factory, later serving as headquarters for Stripe and OpenAI.
• Bay Area Commercial Real Estate Investment & Joint Venture Services Vertically integrated investment management service for institutional capital partners, including sourcing, underwriting, joint venture structuring, acquisition, asset management, property management, leasing, and disposition of Bay Area commercial real estate.
• Bay Area Commercial Real Estate Leasing Services Direct leasing of office, industrial, life science, R&D, and mixed-use space to corporate tenants across the San Francisco Bay Area, supported by a dedicated tenant web portal.
• Bay Area Mixed-Use Development & Re-Entitlement Services Ground-up development and re-entitlement of properties from commercial to residential or mixed-use, including community engagement, affordable housing integration, and entitlement approvals with municipalities.

Quantifiable outcome

• Over $3.7 billion in transaction volume since 2002
• +3 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered major, core and former.

• Prometheus Real Estate GroupmajorStrategic or Co-development PartnerPartnership created in 2021 for multi-site, mixed-use redevelopment project in downtown San Mateo comprising approximately 310,000 sf of boutique office, 22,000 sf retail, and 130 residential units.
• Extra Space StoragecoreOthersExtra Space Storage manages Vallejo Self Storage facility (completed March 2025) and Napa Self Storage (anticipated delivery Q1 2024). Harvest leverages Extra Space's pricing and marketing platform to stabilize facilities.
• WeWorkmajorChannel Partner/ Reseller/ DistributorWeWork signed 15-year lease for approximately 73,000 square feet at Towers @ 2nd in San Jose - their first and only Silicon Valley location.
• City of San MateocoreOthersWorking closely with the City of San Mateo and local community stakeholders for entitlement approvals on downtown redevelopment projects.
• City of East Palo AltocoreOthersCollaborating with the City of East Palo Alto and local residents on The Landing development - transforming an underutilized, former industrial area into a mixed-use destination.
• SiemensformerOthersSiemens was the original owner/occupant of 4040 Nelson in Concord since 1989 construction. Harvest purchased the property from Siemens in August 2012.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Stockbridge Capital Group: San Francisco-based institutional real estate investment manager. Comparable in Bay Area focus, JV capital structure (and is itself a Harvest JV partner on Clearview), and core office/life science strategy.
• The Swig Company: Family-owned Bay Area commercial real estate owner-operator with a portfolio of office, mixed-use, and hospitality assets. Comparable in long-term Bay Area operating orientation and full-service platform.
• Jay Paul Company: Private Bay Area-focused commercial real estate developer of trophy office and mixed-use assets. Highly comparable: Harvest's Partner Preston O'Connell previously co-managed Jay Paul's 5M sf acquisition pipeline and brought deep institutional relationships to Harvest.
• Prometheus Real Estate Group: Bay Area-focused mixed-use and multifamily developer. Comparable as a JV partner on Harvest's Downtown San Mateo redevelopment and as a regional peer in mixed-use entitlement-driven development.
• DivcoWest: Private Bay Area and gateway-city real estate investor focused on office, R&D, and life science for tech tenants. Comparable in institutional JV structure, Bay Area concentration, and tenant base overlap (Stripe, Amazon-adjacent).
• TMG Partners: Bay Area-focused real estate development and investment firm specializing in mixed-use, office, and residential projects. Comparable in market focus, asset-class mix, and emphasis on entitlement-driven value creation.
• Shorenstein Company: Private San Francisco-headquartered real estate investor focused on office and mixed-use assets. Comparable in Bay Area office focus, tenant relationships, and vertically integrated operating model.

Broad incumbents

• Beacon Capital Partners: Boston-based institutional commercial real estate investor with significant West Coast / Bay Area office exposure. Comparable as a JV-style value-add office investor operating at a larger AUM scale.
• Hudson Pacific Properties: Public REIT specializing in West Coast office and studio properties, with significant Bay Area presence. Comparable in tech-tenant office focus and Bay Area concentration, but at greater scale with public capital.
• Kilroy Realty Corporation: Public REIT focused on West Coast office and life science properties, with a major Bay Area footprint. Comparable in Bay Area office and life science exposure but with a public, diversified capital base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/harvest-properties-inc-
• Xx.com/HPIBayArea

Revenue estimate

Valuation estimate

Number of profiles

Profiles23 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Harvest Properties