Property: 35699 Niles Blvd. Fremont, CA
Child Family and Community Services, Inc. (CFCS) is a non-profit organization providing education and family support services to low-income families living in southern Alameda County. The agency was established in 1965 as part of the Office of Economic Opportunity and was incorporated in 1974 to become the provider for the Head Start Program of Southern Alameda County.
Hacienda School was purchased from the Fremont Unified School District by CFCS on January 10, 1992, and since that time, was home to Head Start and then Early Head Start programs. Looking to the future, the leadership of Child Family and Community Services had begun to evaluate recent demographic and use trends affecting their services and site locations, as well as their ability to continue to fund future programs that respond to these trends. In 2008, CFCS engaged Dutra Cerro Graden to analyze how this valuable asset could best be used to assist the organization in meeting its organizational mission of providing education and family support services to low-income families living in southern Alameda County.
Produced a comprehensive analysis which included:
- Site History
- Existing Conditions Analysis
- Review of Alternative Land Uses and associated Valuations
- Highest and Best Use (Lease and Valuation)
- Options and Recommendation for the Future
While the Property had an estimated valuation in the range of $2,400,000 — $2,800,000, our recommendation was to proceed with a Request for Proposal to lease the facility only after the Board determined exactly what the timing, constraints, etc. would be involved in a future lease of the Property.
After a 2-year engagement, our efforts led to (1) the consolidation of their administrative and other support services in a larger administrative office in Union City, CA, (2) a plan to transition Head Start and Early Start Services to other areas of Southern Alameda County which significantly enhanced service delivery while achieving cost efficiency and (3) the lease of the subject property resulting in over $2.8 million in NET revenue being realized by Child, Family and Community Services for use in the pursuit of its core mission of providing education and family support services to low-income families living in southern Alameda County.
I am writing to express appreciation to you and your firm for our extremely successful collaboration on two very important real estate projects for our agency. I use the word collaboration because we have clearly moved from vendorship to partnership.
– Joe Zanini, Director of Operations for Child, Family and Community Services