Ford Point
Location:
Richmond, CA
Acquisition Date:
June 2022
Size:
478,761 square feet
Asset Type:
Mixed-Use R&D, Manufacturing, Industrial, Commercial
Opportunity:
In June 2022, Madison Capital acquired 1414 Harbour Way South, known as Ford Point, a 478,761 square foot high-end creative R&D asset on the waterfront of Richmond, CA, one of the East Bay’s fastest growing industrial submarkets. The recently renovated 2-story building is located on a 23-acre site and features 160,000 to 300,000 square foot floorplates, 16’ to 18’ ceilings, 22 direct loading doors, a 1 MW rooftop solar farm and an 860-spot surface parking lot with 17 electric vehicle charging stations. The property’s unique physical characteristics and flexible zoning caters to a wide range of uses including research and development, manufacturing and distribution, advanced manufacturing, flex office and retail. In addition, the Property includes approximately 4 acres of undeveloped excess land which Madison plans to entitle. Designed in 1930 by Albert Kahn, Ford Point was built as a Ford Motor Co. assembly plant and has been on the National Register of Historical Places since 1988. The property is a 10-minute drive from Berkley, a 15-minute drive from Marin Country, and directly adjacent to the Richmond Ferry Terminal providing direct ferry service to and from San Francisco within 35 minutes.
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