Residential Tenants
Investment Thesis: There is a lack of luxury real estate in the San Leandro that results in young high income working professionals finding homes in other cities. The 899 Alvarado. San Leandro Marina, and other Bayfair Mall TOD Plan will result in a unmet segment in San Leandro’ real estate market.
Product: Luxury residential units with access to fully amenitized (pet park, gym, pool and rooftop lounge) services and co-working space Target Demographic: High Income 20 - 40 year olds who: (a) Are part of the rising median income trend in San Leandro (b) Work in a hybrid role or in the vicinity (c) Will use BART Example: Resident doctors and Nurses who work at the Kaiser San Leandro hospital, tech managers working in biotech startups
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