SPECTRA SOUTHSIDE

Spectra Southside is a mixed-use building with 120-unit residential units located one block south of the UC Berkeley campus. The ground floor of the building is comprised of six retail units that benefit from the strong pedestrian traffic in the core of the Telegraph retail corridor. 

Rev Projects acquired the building in early 2019 and soon thereafter rebranded it to Spectra Southside, to reflect its transformation into a vibrant and energetic community. Rev Projects will extensively redevelop the under-managed building and competitively position it in Berkeley’s aging residential market. Improvements will include renovation of the unit interiors and lobby, new furnishings, upgraded security, student-oriented amenities, and new branding. A new marketing plan will attract credit retail tenants to the current retail vacancies, which will contribute to the already bustling activity on the Telegraph retail corridor. 

ASSET TYPE
Mixed-Use Residential and Retail

 

SIZE
120 Residential Units
6 Retail Suites
​55,000 square feet


LOCATION
Berkeley, CA

ACQUISITION DATE
February 2019

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