The Port of Richmond CA is using an Expression of Interest (EOI) for the General Warehouse at Point Potrero Marine Terminal to gauge market interest and explore potential industrial and commercial uses for the facility. Since the warehouse is a historic structure with redevelopment potential, an EOI allows the Port to better understand the range of possible uses, tenant needs, and market demand before issuing a formal RFP or lease agreement. This approach ensures an open and prudent process for this important building while allowing the Port to strategically align development with overall goals and objectives. Ultimately, the Port will seek a tenant that will rehabilitate and occupy the building to both preserve the structure and generate revenue for the Port. The tenant will be expected to secure planning approval, obtain building and development permits, and complete repairs and refurbishment to occupy the building. The Port will consider long-term lease options, but the General Warehouse will not be offered for sale.
