The battle over a proposed housing project on a parking lot across the street from Spenger’s Fresh Fish Grotto restaurant in West Berkeley escalated Thursday when the builder became the first in California to invoke a new state law that allows residential developers to bypass local environmental review processes in…View article >
The Art & Science of Mixed Use
BLAKE|GRIGGS PROPERTIES, LLC is a private real estate development and services company based in Danville, California. Its strategy is to develop, lease and manage commercial, residential, mixed-use, and retail projects primarily located in “in-fill” markets in California, with a focus on the San Francisco Bay Area and the typical investment size of $30-150 million. In all of its projects, BGP is responsible for seeking investments, obtaining entitlements, sourcing capital, construction management, retail leasing and asset management.
Blake|Griggs Properties maximizes the opportunities of mixed‐use development by expertly balancing the complexities of residential and retail product types. Our strategy is not formulaic, rather each project requires a unique approach.
With entitlement finesse, design expertise, and long‐term relationships, we build environments that address the varied needs of each location, creating value for communities and investors alike.
Blake|Griggs Properties seeks multi‐family residential and mixed‐use projects. We prefer development and redevelopment opportunities of institutional size and quality primarily in California and West Coast metropolitan submarkets. Our projects range from 100‐600 residential units and from 50,000‐300,000 square feet of retail. We bring direct principal involvement and investment to each project and can accommodate a variety of joint venture and capital structures.
Blake|Griggs has a long history of bringing successful projects to market throughout California and the Western United States.
Bradley N. Blake
Co-Founder and Managing Partner
Brad Blake is Co-Founder and Managing Partner of Blake Griggs Properties and its predecessor BHV CenterStreet Properties, a private commercial real estate development and services company based in Danville, California. Mr. Blake has been involved in the development of more than $1 billion of retail and mixed-use projects over the past 30 years. Blake Griggs Properties focuses on development, investment and operation of multi-family, mixed-use and retail projects with a typical size of $30-150 million primarily in the San Francisco Bay Area.
Mr. Blake was a founder and CEO of Blake Hunt Ventures, Chairman and CEO of publicly traded Western Properties Trust, Senior Vice President of Spieker Properties, and a Partner with Speiker Partners. Prior to starting in the real estate industry in 1985, he worked for IBM and McKinsey and Co. Mr. Blake is on the board of directors and investment committee of the Bailard Real Estate Investment Trust. Mr. Blake holds a B.A. from Stanford University and a M.B.A. from the Stanford University Graduate School of Business.
Co-Founder and Managing Partner
Brad Griggs is Co-Founder and Managing Partner of Blake Griggs Properties and its predecessor BHV CenterStreet Properties, a private commercial real estate development and services company based in Danville, California. Mr. Griggs has developed more than $3.5 billion of real estate investment totaling over 7,500 apartment units, 40 extended-stay hotels, and 2,000 for-sale residential homes. He also has acquired and sold for either his own account or that of companies he has work for more than $1 billion of existing apartment communities and land parcels.
Mr. Griggs was the former Executive Vice President/Chief Investment Officer for BRE Properties, Inc., a publicly traded Real Estate Investment Trust; Senior Vice President with Security Capital Group’s Homestead Village; Project Director for The Fieldstone Company; Director of Operations for M.J. Brock/Ryland Homes; and Apartment Division Manager for Pacific Scene Properties, Inc. Mr. Griggs holds a degree in Architecture from California Polytechnic School at San Luis Obispo and is a licensed California State Architect. Brad is a full member of Urban Land Institute.
Vice President of Development
Lauren Seaver is a VP of development for Blake Griggs Properties. In her role, Ms. Seaver is responsible for all stages of the development process including acquisitions, due diligence, planning and design, entitlements, investor relations, marketing, pre-construction, construction and lease-up. Her current responsibilities include managing the entitlements, pre-construction and construction for multiple projects totaling more than 1,000 residential units and approximately 100,000 square feet of retail space with a combined development budget of greater than $500 million.
Ms. Seaver holds an M.B.A. from Stanford Graduate School of Business and a B.A. from Stanford University in Economics with a minor in Mathematics.
Vice President of Finance and Accounting
Bill McKalip is VP of finance and accounting for Blake Griggs Properties, handling all aspects of accounting, finance and cash management. Bill has over thirteen years of accounting and finance experience in the real estate industry, working with private real estate services firms as well as publicly traded Real Estate Investment Trusts. Bill spent nearly eight years at BRE Properties, an apartment REIT, working up from Accounting Manager to Senior Director of Accounting and Finance, with oversight of all aspects of accounting, including development, acquisitions and dispositions, property management, corporate financial reporting, AP and AR.
Prior to Bill’s work in real estate, he was with a start-up technology firm in New York and worked on international economic development projects in Washington, DC. Bill is a CFA charter holder and holds an MBA from Thunderbird School of Global Management at Arizona State University and a BA from UC Berkeley.
Senior Project Director
Ryan McNamara is a Senior Project Director for Blake Griggs Properties and currently responsible for the development of more than 260 residential units and more than 170,000 square feet of retail in the Bay Area with a combined investment of over $220 million.
Prior to joining BGP, Mr. McNamara spent 10 years as a financial analyst and development manager for Regency Centers, a national Real Estate Investment Trust focused on grocery-anchored shopping centers. During that time, he successfully underwrote and closed on more than $300 million of retail acquisitions, development land and redevelopment properties; entitled more than 1.1 million square feet of commercial retail space in Northern California and the Pacific Northwest; and developed more than 380,000 square feet of new, grade-A commercial product from concept to completion.
Mr. McNamara holds a B.S. in Finance from Virginia Tech and is a member of both, the Urban Land Institute and the International Council of Shopping Centers.
Director of Construction
Gary Wallace is the Director of Construction for Blake Griggs Properties and is responsible for the overall success of all construction operations. Mr. Wallace has more than 26 years of experience in the construction industry in various product categories such as high-density residential, retail, institutional, and commercial products. Currently he is overseeing the construction of over 350 residential units and 140,000 square feet of retail space with a combined budget of greater than $300 million.
Prior to joining BGP, Mr. Wallace held the position of Senior Project Manager at Devcon Construction, where he was responsible for all facets of general contracting operations, including project management, estimating, feasibility studies, pre-construction services and field management. Mr. Wallace has supervised the successful completion of more than $900 Million of construction during the course of his career.
Danville-based Blake Griggs Properties teamed up with a big Chinese investor to buy an 84-unit apartment development site in Berkeley. The investor is Gemdale Properties and Investment, an affiliate of Gemdale Corp., one of the largest real estate companies in China. The Blake will feature 84 apartments near downtown Berkeley.…View article >
Gemdale Properties and Investment has acquired a shovel-ready 84-unit apartment site in Berkeley. The project planned for the site will be the only multifamily community in the area with rooftop solar panels, according to Gemdale. The developer, an affiliate of China's Gemdale Corp., announced the purchase Thursday with project co-developer…View article >
A 178-unit apartment complex is under construction adjacent to the Walnut Creek BART as housing development ramps up across the city. Blake|Griggs Properties is developing the project, known as Vaya, for owner Northwestern Mutual. Located at 1800 Lacassie Ave., Vaya began construction in late 2015 and is expected to begin…View article >