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Waterbar & Epic Steak

(369-399 Embarcadero)

San Francisco, CA

Two iconic Pat Kuleto restaurants with an unrivaled location on San Francisco’s waterfront over a panoramic coastline view of San Francisco Bay and Bay Bridge.

Asset Type





18,000 SF: 2 Restaurants

Key Investment Thesis

Opportunity to develop industry-leading restaurants in a prime waterfront location.

  • Extremely desirable location on the Embarcadero in close proximity to Oracle Park and the Moscone Center
  • Opportunity to partner with restaurateur Pat Kuleto
  • This is a long-term hold project that has increasing ROI year after year

JMA Value Creation

Negotiated a long-term lease with an exceptional restaurant group and developed the property.
Asset management team works with the restaurants to ensure maximum profitability and sustain the position as two of the top-grossing restaurants in San Francisco