POST Purchases 222 High Street Building in Downtown Palo Alto
August 24, 2006
The Peninsula Open Space Trust (POST) finalized an agreement today to purchase a building at 222 High Street in Palo Alto. The non-profit land trust plans to relocate its office from its current rented office space in Menlo Park to the new downtown location in early 2007.
"Though we have been very fortunate to call 3000 Sand Hill Road home for nearly 30 years, we are pleased to be relocating to a permanent office space that is adjacent to public transportation and close to other amenities. We intend to utilize the space for special programs and events while providing appropriate workspace for POST's twenty employees," said POST President Audrey Rust. "POST purchased the property from the Foundation for Global Community and will continue the Foundation's long tradition of working to protect our natural environment. A true win/win arrangement, the funds generated from the sale of the property will be used by the Foundation to support other charitable activities."
POST also saw the move to the 222 High Street building, which features environmentally friendly green technology, as an opportunity to "walk the talk" with regard to protecting the environment. "As an environmental organization concerned with protecting natural lands, we wanted to do our part to help lessen our ecological impact," said Allan Brown, a member of POST's Board of Directors. "The building is already equipped with solar panels, which will provide a substantial amount of POST's power needs and allow the organization to return power to the grid. In addition to providing its own power, the building is easily accessible by public transportation which will allow our staff to commute more responsibly and hopefully decrease our collective fuel consumption."
"The purchase of 222 High Street represents a unique opportunity for POST to further establish itself in the fabric of our community," said Susan Ford Dorsey, POST's Board Chair. "In the new office space, POST will have the opportunity to grow and expand its efforts to protect the beauty, character and diversity of the San Francisco Peninsula."