Walnut Creek is full of signs of the boom times. A flurry of mixed-use development is filling out the corridor between downtown and the BART station to its north. Construction began this month on the first phase of the city's transit village, a development in the making since the 1990s…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 $30-250 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, 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 multi-family, mixed-use and retail 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 $50-350 million primarily in the San Francisco Bay Area and secondarily in other west coast in-fill markets.
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 Spieker 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 of the Bailard Real Estate Fund. He founded and is president of College is Real, a non-profit educational organization in Richmond, CA (www.collegeisreal.org). He is a former member of the Young Presidents Organization Nor-Cal Chapter. Mr. Blake holds a B.A. from Stanford University (1980) and a M.B.A. from the Stanford University Graduate School of Business (1985).
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 Vice President 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 and lease-up. Her current responsibilities include managing the entitlements, pre-construction and construction for multiple projects totaling approximately 800 residential units and approximately 25,000 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 Vice President of Finance and Accounting for Blake Griggs Properties, handling all aspects of accounting, finance and cash management. Bill has over seventeen 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, accounts payable and accounts receivable.
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.
Vice President of Development
Ryan McNamara is a Vice President of Development for Blake Griggs Properties and currently responsible for all stages of the development process including acquisitions, due diligence, planning and design, entitlements, investor relations, marketing, pre-construction and lease-up. Mr. McNamara is currently responsible for 300 residential units, 220 hotel rooms, and more than 140,000 square feet of retail in the Bay Area with a combined investment of over $300 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.
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 30 years of experience in the construction industry in various product categories such as high-density residential, retail, institutional, garages, and commercial products. Currently he is overseeing the development and construction of over 1,740 residential / living units and approximately 27,500 square feet of retail space with a combined budget of greater than $668 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 $1.14 Billion of construction during the course of his career.
Due Diligence and Finance Manager
Paul Evans is the Due Diligence and Finance Manger for Blake Griggs Properties and currently is responsible for executing due diligence on all potential acquisitions and financial reporting for projects in varying stages from stabilized to seeking entitlements.
Prior to joining Blake Griggs Properties, Mr. Evans worked as an acquisitions analyst and asset manager, primarily focused on office and retail projects. During that time, he transacted on over $500 million of commercial real estate projects and facilitated the negotiation and execution of over 200,000 square feet of leasing activity. He also spent nine years in accounting, working for both public accounting firms and private equity firms specializing in commercial real estate.
Mr. Evans holds a B.S. in Accounting from the University of Arizona and is a Certified Public Accountant (inactive) in the state of California.
Sage Sudbury is an Investment Manager for Blake Griggs Properties and is currently responsible for acquisitions, GP capital raising, and investor relations for the company. To date, Mr. Sudbury has led the acquisition efforts on ten development projects totaling over 2,100 multifamily units and valued at over $1.6 billion at cost.
Prior to joining BGP, Mr. Sudbury held positions at Cushman and Wakefield and Atlas Real Estate Investments in San Francisco. He holds a B.S from the University of California at Davis and is a member of the Urban Land Institute.
Brett Stagnaro is a Construction Manager for Blake Griggs Properties. In his role, Mr. Stagnaro is responsible for all stages of construction operations. Mr. Stagnaro has over 12 years of experience in the construction industry in multiple project types including data centers, OSHPD, residential, office and commercial construction. Currently, he is overseeing over 500 residential units and approximately 25,000 square feet of retail space with a combined budget of greater than $300 million.
Mr. Stagnaro holds a B.S. in Construction Management from Chico State University.
Years in Business: 8, 6 in current role Business/Specialty: Commercial Real Estate Development (Multifamily/Mixed-Use) Accomplishments: As a Vice President at Blake Griggs Properties, Lauren manages the entitlement and development of large-scale multifamily and mixed-use projects. She is currently leading the development of one of the largest and most complex transit-oriented projects in the…View article >
PRESS RELEASE: Walnut Creek Transit Lifestyle Associates Starts Construction of First Mixed-Use Phase of 596-Unit Walnut Creek Transit Village
FOR IMMEDIATE RELEASE Contact: Lauren Seaver, BGP firstname.lastname@example.org 925-575-8737 Ron Heckmann email@example.com 510-652-5800 Major BART Transit-Oriented Development is the first Mixed-Use Phase in Walnut Creek Transit Village, Adding Apartments, Retail, Public Spaces, Bus Connections, New BART Parking Walnut Creek, CA (Oct. 7, 2019) Walnut Creek Transit Lifestyle Associates, a…View article >
After more than two decades of planning, apartments are finally set to arrive at the Walnut Creek BART station. Developers have started construction on the first 358 homes along with 14,500 square feet of retail as part of the first phase of the $380 million project. The 16-acre site is…View article >