Ascend Communications | Alameda, CA
srmErnst acquired this 380,000 sq. ft. campus and completed its repositioning as a life science campus with the adjacent build-to-suit of the Exelixis HQ. This included the full structural upgrade and rebuild of 1701 Harbor Bay Parkway from office to a heavy wet lab facility.
While with SRM Associates, Joe Ernst was part of the team that previously acquired the vacant project in 2003, converting it to a multi-tenant campus before resale in less than three years, increasing the value by over 260%.