UPDATE: My original message was wrong. mid 50s industrial gross means $55 per sqft per year, which is actually $19,000 per month and way more than we can pay (3x our current rent).
This was forwarded from Mark, the real estate broker we were in touch with last year for new space advice. It looks like a incredible deal – 50 something thousand a year (industrial gross), which is only a little more than $1 per square foot, comparable or less to what we’re paying, and 10 minutes walk from BART. It does not have an elevator, but half of it is on the ground floor. 4750 square feet. More details in this PDF: https://drive.google.com/open?id=14gF1kxzv2D9qQgB0d3EnH9JvHSYQ-_LP
We aren’t likely to raise enough for a down payment to buy a new space in time for August. Does this look like a good alternative space in the meanwhile? Is anyone free to take a tour of the space with Mark?
This would allow for different aspects of the non-profit to flourish in the different portions of the building. It’s also single identity (no elevator to break down).
I can always negotiate a lease termination at your current space if you like this and want to pounce on it.
Would you like to tour?
Senior Vice President
[i have Mark’s contact info if you need it]