Value Proposition Commercial Office
Supply -
Demand -
A premier mixed-use office space with an emphasis on sustainability and innovative design to attract Class-A office tenants. - Target: Attract companies interested in corporate social responsibility, employee wellness, and reducing their carbon footprint. - Tenants continue to prioritize locations that offer convenience and security, particularly those near public transportation and amenities.
In 2022, 34% of global occupiers had green lease clauses in place, with an additional 40% planning to incorporate them . This indicates a growing recognition of the benefits associated with green leases. - 24% of San Francisco's workforce live 50 or more miles away from their jobs. Only 19.6% of San Leandro's employed residents both live and work within the city .
150 sqft/desk (863)
3-Year Development Timeline 10-Year Hold
$15,387,111 LP Funding
Stabilized NOI: 4,347,783
Yield-on-Cost: 7.21%
22.63% IRR | 5.10 MOIC
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