150 Hooper Inc

150 Hooper Inc, a nonprofit organization, is committed to sustaining and growing manufacturing jobs for urban residents by creating functional, accessible, and affordable real estate for manufacturing businesses. The mission of this organization is to provide below-market manufacturing space in various locations, starting with San Francisco. By doing so, 150 Hooper Inc aims to support individuals from low-income communities who are seeking employment in the manufacturing sector, which is often affected by rising real estate costs.

In practice, 150 Hooper Inc provides property management services for a 54,000 square foot industrial building situated in the heart of San Francisco. This building serves as a critical source of affordable manufacturing space, helping to mitigate the impact of the city's escalating real estate market on the sector. By offering below-market rents, 150 Hooper Inc enables businesses to maintain their operations and continue providing employment opportunities to local residents. This approach not only supports individuals and businesses but also contributes to the overall strength and vitality of the urban manufacturing sector.