San Francisco – (September 13, 2016) – GID announced today that it has acquired Marston,  a 196 unit apartment community located in Redwood City, California. Marston boasts an impressive walk score of 92, offering proximity to numerous restaurants, bars and retailers. The property is also within walking distance of the Caltrain Redwood City Station.

Amenities in this eight-story concrete building include 2nd, 4th and 8th floor decks, a swimming pool and sundeck, multi-room fitness center, resident lounge with gaming room, bocce ball court and large scale outdoor chess set, co-working space with video and teleconference capabilities, landscaped pet play area on the 4th floor and pet wash in the garage, bike repair lounge and storage. The property also has 3,219 SF of retail. Units include nine to eleven- foot ceilings, quartz countertops, brick or glass tile backsplashes, stainless steel appliances including five burner gas ranges, full-sized stacked or side by side washer and dryer and vinyl plank flooring throughout all living areas.

The Property has 196 market rate rental units comprised of studios, one-bedroom and  two-bedroom floor plans.  The units have an average size of 923 square feet.

Matt Stuart, Senior Vice President and Director of Western Region Acquisitions at GID commented, “We are pleased to acquire such a well built property in this dynamic location on the San Francisco Pennisula. With superior access to all of the major employers on the Pennisula, as well as  in San Francisco and San Jose via CalTrain, we expect Marston to be a strong addition to the GID portfolio.”