Page 56 - Newmark Northwest 2021 Samples

Promo Newsletter Promo E-blast Promo Project
Designer: Heather Rasay Designer: Ashley Rose Designer: Evan Nixon

EXECUTIVE SUMMARY SILICON VALLEY OFFICE MARKET Full Floor 1 25 LARGEST PROJECTS CURRENTLY IN DEVELOPMENT IN THE CITY OF OAKLAND (1-12)
PROJECT:The Skyline at Temescal
7
PROJECT: MacArthur Commons
LOCATION: 539-540 39th Street
LOCATION: 3883 Turqoise Way
HEIGHT: -
HEIGHT:24-Stories
SIZE: 402 Residential Units (45 Affordable), ±13,000 SF of Retail,
SIZE: 385 Residential Units, ±28,000 SF of Retail
EST. COST OF CONSTRUCTION: $265 Million
EST. COST OF CONSTRUCTION: $129.34 Million
Q1 2019 Availability 2 230 Parking Spaces DEVELOPER: Boston Properties 8 DEVELOPER: Hines 11
DELIVERY: 2020
DELIVERY: 2018-2019
PROJECT: 1314 Franklin
PROJECT: 1700 Webster
LOCATION: 1700 Webster Street
LOCATION: 1314 Franklin Street
HEIGHT: 40-Stories
SIZE: 206 Residential Units, 4,300 SF of Retail
SIZE: 634 Residential Units (27-54 Affordable), ±17,000 SF of Retail
DEVELOPER: Gerding Edlen
600 Parking Spaces DEVELOPER: Carmel Partners Properties HEIGHT: 23-Stories 7 1
EST. COST OF CONSTRUCTION: $200+ Million EST. COST OF CONSTRUCTION: $105.5 Million
DELIVERY: 2020 DELIVERY: 2019
3 PROJECT: 277 27th 9 PROJECT: The Broadway
LOCATION: 277 27th Street LOCATION: 3093 Broadway
HEIGHT: 18-Stories HEIGHT: 6-Stories
SIZE: 450 Residential Units, ±59,000 SF of Retail SIZE: 423 Residential Units, ±20,287 SF of Retail, 627 Parking Spaces 9
AVAILABLE 11.1.20 DEVELOPER: Holland Partners DEVELOPER: Blackstone Group, CityView, The Martin Group
EST. COST OF CONSTRUCTION: $155 Million EST. COST OF CONSTRUCTION: $103.7 Million
DELIVERY: 2020 DELIVERY: 2019
4 PROJECT:1640 Broadway 10 PROJECT: 1100 Clay Street 3
LOCATION: 1640 Broadway LOCATION: 1100 Clay Street
HEIGHT: 34-Stories HEIGHT: 16-Story Mixed-Use
SIZE: 254 Residential Units, ±4,800 SF of Retail SIZE: 288 Residential Units, ±4,000 SF of Retail
DEVELOPER: Lennar Multifamily Communities DEVELOPER: CIM Group / Strada Investment Group
EST. COST OF CONSTRUCTION: $137.4 Million EST. COST OF CONSTRUCTION: $99 Million
DELIVERY: 2019 DELIVERY: 2020 4 8
5 PROJECT: 601 City Center 11 PROJECT: 51st & Telegraph 5 10
LOCATION: 601 12th Street LOCATION: 5110 Telegraph Avenue
HEIGHT: 24-Stories HEIGHT: 6-Stories 2
SIZE: ±600,000 RSF SIZE: 204 Residential Units (Modular), ±34,000 SF of Retail Over 2 12
DEVELOPER: Shorenstein Realty Services levels of subterranean parking DEVELOPER: RAD Urban
EST. COST OF CONSTRUCTION: $130 Million EST. COST OF CONSTRUCTION: $98.7 Million
DELIVERY: 2019 DELIVERY: 2019
6 PROJECT: Jack London Square Parcel F2 12 PROJECT: Station on 12th 6
LOCATION: 40 Harrison Street LOCATION: 301 12th Street
AVG ASKING RATE 4TH HEIGHT: 8-Stories HEIGHT: 7-Stories
SIZE: 333 Residential Units, ±24,239 SF of Retail, 272 Parking Spaces
SIZE: 333 Residential Units, ±2,400 SF of Retail
DEVELOPER: CIM Group
DEVELOPER: The Martin Group
10% INCREASED VACANCY WAS UNCHANGED DELIVERY: 2020 DELIVERY: 2019-2020 TOM LIMON 510.300.0218 tlimon@ngkf.com CA RE Lic. #01894442
EST. COST OF CONSTRUCTION: $92.54 Million
EST. COST OF CONSTRUCTION: $130 Million
AT 10%, WHILE AVERAGE
ASKING RATES CLIMBED,
VACANCY FROM $.08/SF TO $0.08 PER SF 13 25 LARGEST PROJECTS CURRENTLY IN DEVELOPMENT IN THE CITY OF OAKLAND (13-25)
PROJECT: Ice House
19
PROJECT: Alexan Webster
LOCATION: 950 West Grand
LOCATION: 2330 Webster Street
HEIGHT: 3-Stories
HEIGHT: 7-Stories
(UNCHANGED) $4.25/SF FROM LAST QUARTER. DOWNLOAD FLOOR PLAN SIZE: 234 Residential Units, Street Retail, City Operated Garage SIZE: 134 Solar Residential Units (Ownership) , all-electric townhomes
DEVELOPER: City Ventures Homebuilding
DEVELOPER: Trammel Crow Residential
Broker Promos
EST. COST OF CONSTRUCTION: $64 Million
EST. COST OF CONSTRUCTION: $135 Million
DELIVERY: 2019
DELIVERY: 2019/20
PROJECT: Station House West Oakland
14
LOCATION: 2820 & 2855 Broadway
LOCATION: 1818 14th Street 20 PROJECT: Broadway/Valdez Apartments
HEIGHT: 3-Stories HEIGHT: 7-Stories
SIZE: 171 Townhomes (Ownership) SIZE: 171 Residential Units, ±9,682 SF of Retail, 187 Parking Spaces
DEVELOPER: Alliance Residential Company
DEVELOPER: City Ventures Homebuilding
LEASE AVAILABILITY BREAKDOWN SILICON VALLEY PRICE PER SF - SUBMARKET BREAKDOWN More Space Available EST. COST OF CONSTRUCTION: $85 Million EST. COST OF CONSTRUCTION: $62.8 Million (Off the map) 20 23
DELIVERY: —
DELIVERY: 2018-2019
PROJECT: 1721 Webster
15
LOCATION: 1721 Webster Street 21 PROJECT: Hanover Broadway 14 19 21
LOCATION: 2630 Broadway
HEIGHT: 27-Stories HEIGHT: 7-Stories 24
21 18 CAMPBELL $4.36 FULL SERVICE 1255 Suite 200 | ±2,943 SF SIZE: 247 Residential Units, ±5,000 SF of Office, ±2,500 SF of Retail SIZE: 253 Residential Units, ±36,288 SF of Retail 13 18
DEVELOPER: Holland Partners Group
DEVELOPER: The Hanover Company
0 - 4,999 SF EST. COST OF CONSTRUCTION: $80 Million EST. COST OF CONSTRUCTION: $60.8 Million
DELIVERY: 2019
DELIVERY: 2019
57 16 PROJECT: Fourth Street East 22 PROJECT:226 13th 15
73 5,000 - 9,999 SF CUPERTINO $5.19 FULL SERVICE 1255 Suite 230 | ±3,473 SF 1255 Suite 815 | ±3,053 SF LOCATION: 150 & 155 4th Street LOCATION: 226 13th Street
HEIGHT: 7-Stories
HEIGHT: 7-Stories
SIZE: 330 Residential Units, ±3,000 SF Retail
SIZE: 262 Residential Units, ±13,585 SF of Retail
851 10,000 - 19,999 SF DEVELOPER: Carmel Partners DEVELOPER: Holland Partner Group 17 22
EST. COST OF CONSTRUCTION: $60 Million
EST. COST OF CONSTRUCTION: $73.5 Million
DELIVERY: 2018-2019
DELIVERY: —
146 listings 20,000 - 49,999 SF LOS GATOS $3.99 FULL SERVICE 17 PROJECT: The Key at 12th 23 PROJECT: 3000 Broadway
536 Please Contact the BRECK 925.974.0109 KNUTE 925.974.0240 LOCATION: 1100 Broadway LOCATION: 3000 Broadway 16
50,000 - 99,999 SF Leasing Brokers LUTZ blutz@ngkf.com BUCKLEW kbucklew@ngkf.com HEIGHT: 18-Stories HEIGHT: 8-Stories (Off the map)
SIZE: 127 Residential Units, ±8,000 SF of Retail
SIZE: ±345,300 SF Office Building
DEVELOPER: LOWE Enterprise Investors
CA RE LICENSE #01332731
100,000 + SF MILPITAS $2.95 FULL SERVICE for More Information CA RE LICENSE #00936859 DEVELOPER: Ellis Partners EST. COST OF CONSTRUCTION: $50 Million 25
EST. COST OF CONSTRUCTION: $70 Million
DELIVERY: 2020
DELIVERY: 2020
25 PROJECT:Coliseum Connections
18 PROJECT: Alta Waverly 24 PROJECT:Hanover Northgate LOCATION: 805 71st Avenue
HEIGHT:5 & 2-Stories
LOCATION: 2400 Valdez Street
MOUNTAIN VIEW $7.57 FULL SERVICE ® HEIGHT: 6-Stories HEIGHT:7-Stories SIZE: 110 Residential Units (50% Affordable), Ground Floor Retail
LOCATION: 2302 Valdez
DEVELOPER: UrbanCore Development, Oakland, Economic Development Corp
SIZE: 224 Residential Units, 22,800± SF of Retail.
SIZE: 196 Residential Units, ±31,500 SF of Retail
DEVELOPER: The Hanover Company
EST. COST OF CONSTRUCTION: $56 Million
ASKING RENT & AVAILABILITY DEVELOPER: Wood Partner, CRP/WP Alta, Waverly Owner LLC EST. COST OF CONSTRUCTION: $49.6 Million DELIVERY: 2019
EST. COST OF CONSTRUCTION: $66 Million
DELIVERY: 2019
DELIVERY: 2019
SAN JOSE $3.94 FULL SERVICE TOM LIMON 510.300.0218 tlimon@ngkf.com CA RE Lic. #01894442
SANTA CLARA $3.96 FULL SERVICE
SARATOGA $3.32 FULL SERVICE
SUNNYVALE $6.55 FULL SERVICE
MARKETING
SILICON VALLEY AVERAGE $4.25
PROPERTIES COMING ONLINE OVER THE NEXT 5 YEARS
# OF LEASES TOTAL SF OF LEASES 2019 2020 2021 2022 2023 2024 TOTAL Promo Project
2019 133 526,827 0 - 2,999 SF 87 62 33 23 16 5 221
2020 110 449,311 3,000 - 9,999 SF 39 38 23 22 17 7 139 Designer: Melanie Tam
2021 66 446,930 10,000 - 19,999 SF 6 10 5 5 2 3 28
2022 55 397,280 20,000 - 49,999 SF 0 0 3 5 0 2 8
2023 36 243,097 50,000 - 99,999 SF 1 0 2 0 1 0 4
2024 18 252,440 100,000 SF+ 0 0 0 0 0 0 0
TOTAL 400 2,063,445 TOTAL 133 110 66 55 36 17 400
SANTA CLARA AVAILABILITIES SAN FRANCISCO BIG BLOCK ANALYSIS
CENTRAL SOMA NEW DEVELOPMENT SITES
735 HARRISON
FLOWER
50 FIRST 415 NATOMA 735 HARRISON 88 FLOWER 598
MART
(UNDER CONSTRUCTION) (5M) BLUXOME MART BRANNAN
BRANNAN
Contiguous Size: 956,968 SF
• 4633 Old Ironsides • 2221-2251 Calle de Luna • 5201 Great America Pkwy Date Available: March 2023 Date Available: October 2021 Contiguous Size: 771,000 RSF Contiguous Size: 833,000 RSF Contiguous Size: 2,030,000 RSF Contiguous Size: 922,000 RSF
Contiguous Size: 640,000 SF
Date Available:
Date Available:
Date Available:
Date Available:
Note: New construction underway
• Asking Rate: $3.35 FS • Asking Rate: $2.00 FS • Asking Rate: $4.75 FS rumored to be exchanging proposals Note: New construction underway Note: Pending prop M allocation Note: Pending prop M allocation Note: Pending prop M allocation Note: Pending prop M allocation
• 726 - 7,713 SF • 2,000 - 4,000 SF • 2,100 - 6,681 SF with Salforce for entire building
SANTA CLARA COMPARABLES
101 CALIFORNIA 525 MARKET 123 MISSION 600 CALIFORNIA 50 BEALE 595 MARKET
Contiguous Size: 191, 000 SF Contiguous Size: 86,002 SF Contiguous Size: 78,030 SF Contiguous Size: 83,026 SF
Contiguous Size: 266,064 SF
Contiguous Size: 74,602 SF
Date Available: Available now
Date Available: January 2021 Note: Sublease from Wells Fargo. Date Available: Available Now Date Available: July 2019 Date Available: January 2020 Date Available: September 2019
Note: Currently occupied by Note: Juul in negotiations to Note: WeWork in negotiations to
Morgan Stanley and Merril Lynch Potential path to 270,000 SF if purchase building purchase building Note: In leases with Glassdoor Note: In leases with Flexport
Sephora relocates to 595 Market
• 2933 Bunker Hill Lane • 3945 Freedom Circle • 3211 Scott Boulevard
• Starting Rent: $3.60 FS • Starting Rent: $4.50 FS • Starting Rent: $2.63 FS
2,934 SF
•
• 4,191 SF • CHRIS BROWN | Senior Managing Director 3,941 SF 343 SANSOME (UNION BANK BUILDING) 580 CALIFORNIA 345 CALIFORNIA
58 e istributor o t is communication is per orming acts or ic a real estate license is re uire e in ormation containe erein as been obtaine rom sources eeme reliable but as not been erifie an no Note: Path to 150,000 SF available Note: Path to 100,000 SF available Note: Path to 100,000 SF available Note: Path to 150,000 SF available
350 CALIFORNIA
CONTACT US TO LEARN MORE
Promotional‟Materials
408.982.8432 | cbrown@ngkf.com | CA RE LIC #01251179
GABE REGALADO | Associate Director
Contiguous Size: 95,000 SF
Contiguous Size: 51,156 SF
Contiguous Size: 32,000 SF
Contiguous Size: 43,521 SF
Date Available: July 2019
Date Available: June 2020
Date Available: April 2020
Date Available: Available now
408.982.8428 | gabe.regalado@ngkf.com | CA RE LIC #02008286
AVAILABLE SUBLEASE
PENDING
AVAILABLE DIRECT
POTENTIAL AVAILABLE
guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice. 19-0570 | 06/19