Buchanan Crossings Residential Parcels

NEW OFFERING :: SF Bay Area Garden-Style Site for up to 218 Units

Deal Type: Acquisition

Risk Profiles: Opportunistic

Property Types: Multifamily

Access Data Room

Cushman & Wakefield

Scott MacDonald Managing Director

scott.macdonald@cushwake.com / (415) 677-0462 / (415) 310-0487

Jason Parr Executive Managing Director

jason.parr@cushwake.com / (415) 773-3588 / (415) 407-2106

John Hansen Sr Associate

john.hansen@cushwake.com / (415) 342-5772

Sydney Ladrech Analyst

sydney.ladrech@cushwake.com / (916) 677-6633

Brayden Joel Financial Analyst

brayden.joel@cushwake.com / (503) 933-9284

EXECUTIVE SUMMARY

Cushman & Wakefield is pleased to exclusively present the opportunity to acquire Buchanan Crossings Residential Parcels (“Buchanan Crossings”, the “Site”, or the “Property”) a 6.22-acre garden-style multifamily development site located in an essential San Francisco Bay Area housing market. Distinctively identified as one of Antioch’s 10 preferred Commercial Infill Housing sites, the Property’s recent zoning provides a streamlined and development friendly
approval process – allowing for 100% market-rate construction and the development of up to 218 units by right and 311 units with a Conditional Use Permit. Buchanan Crossings presents the opportunity to supply vital housing to an under-served submarket while benefitting from over 6% annual rent growth projected through 2027 and potential Opportunity Zone tax savings.