San Jose New Construction & Proposed Multifamily Projects 2Q18 · 20 Cityline Sunnyvale 225 South...

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San Jose New Construction & Proposed Multifamily Projects ID PROPERTY UNITS 1 Santa Clara Square 1840 2 808 West 315 3 Elan Mountain View 164 4 Modera the Alameda 168 5 Turing 371 6 300 Railway 151 Total Lease-Up 3,009 7 Dean, The 583 8 Anton Milpitas 582 9 Graduate, The 235 10 Platform, The 551 11 Gateway Village 476 12 500 Ferguson Drive 394 13 SparQ 105 14 Edge, The 381 15 Modera at San Pedro 201 16 138 Stockton Avenue 164 17 Anton Mountain View 144 18 James, The 195 19 Silver 268 20 Cityline Sunnyvale 292 21 Capitol 650 348 Total Under Construction 4,919 22 150 South 2nd Street Block 3 393 23 Gateway Tower 275 24 Miro 600 25 Park View Towers 220 26 Post Street & San Pedro Street 182 27 Summerwind Phase II 103 28 Diridon Station 325 29 Ohlone Phase II, The 550 30 1500 - 1646 Centre Pointe 694 31 Piper Drive Residential 308 32 358 Hatton Street 258 33 Reserve, The 636 34 Volar 307 35 Lawrence Square 701 36 1120 Kifer Road 520 37 1250 Lakeside Drive 250 38 Butcher's Corner 153 39 Novo 204 40 2755 El Camino Real 60 41 North San Pedro Street Apartment Towers 381 42 Marina Plaza 188 43 Nuevo 537 Total Planned 7,845 44 259 Meridian 120 45 Southwest Plaza at Bascom Station 710 46 1260 East Santa Clara Street 418 47 27 South 1st Street 342 48 70 South Almaden 708 49 Alamaden Blvd & Park Avenue 260 50 Aviato 304 51 Balbach St & South Almaden Blvd 87 52 Davidson Plaza Towers 653 53 Garden Gate Tower 285 54 Japantown Square 520 55 North 14th St & East St. John Street 750 56 San Jose State University 400 57 Tamien Station Transit Oriented Development 440 58 1936 Alum Rock 94 59 1777 Almaden Road 92 60 Canoas Garden Avenue & Evans Lane 61 61 Cambrian Park Plaza Redevelopment 344 62 Great Oaks Boulevard 301 63 1410 South Bascom Avenue 447 64 1470 West San Carlos Street 81 65 250 Grand Avenue 80 66 715 West Julian Street 228 67 740 West San Carlos 63 68 777 West San Carlos 148 69 District, The 2400 70 DuPont Street & McEvoy Street 458 71 McEvoy St & West San Carlos St 319 72 Montgomery 2 70 73 Montgomery 7 54 74 Park Avenue & Delmas Avenue 643 75 Race Street Residential 206 76 Race Street Terrace 70 77 Rail Yard Place 650 78 Sunol Street 268 79 Seely Avenue 100 80 720 Montague Expwy 216 81 Ada 218 82 Elion 423 83 Gideon 173 84 751 South Winchester Blvd 160 85 Dudley Avenue 110 86 eaves West Valley Phase III 300 87 Saratoga Ave & Stevens Creek Blvd 870 88 Stevens Creek Executive Center Redevelopment 500 89 2232 - 2240 El Camino Real 151 90 2233 Calle Del Mundo 57 91 City Place Santa Clara 1360 92 Gateway Crossing 1600 93 Intel Land 950 94 Kylli 100 95 Laguna Clara Phase II 407 96 Mariani's Inn 392 97 Mission Town Center 385 98 Moonlite Lanes 158 99 North Bayshore 9850 100 Tasman East 50 101 Hamptons Redevelopment, The 942 102 Oaks Shopping Center 470 103 311 South Mathilda Avenue 73 104 370 San Aleso 63 105 403 South Mathilda Avenue 100 106 Atria 108 107 1255 Pear Avenue 650 108 1696 Villa Street 226 109 2700 West El Camino Real 211 110 525 Evelyn 471 111 Eaves Mountain View at Middlefield Phase II 341 112 Middlefield Crossing 100 113 San Antonio Road & California St 480 114 Shoreline Boulevard 203 115 3001 El Camino Real 50 116 Wilton Court 61 117 Agrihood 361 118 Hills at Vallco, The 800 119 1139 Karlstad Drive 250 120 400 Logue 412 121 Village Lake Redevelopment 711 Total Prospective 38,687 11 13 19 9 15 16 18 21 8 10 14 20 12 17 7 33 23 26 22 24 28 29 25 41 27 34 42 38 36 40 39 43 31 30 37 32 35 6 4 2 1 5 3 Lease-up Under Construction Planned Prospective LEGEND 2Q18 53 56 52 50 77 51 74 64 44 65 78 67 71 70 73 72 68 75 76 49 47 48 69 66 61 62 60 59 57 49 63 86 118 102 101 106 84 117 85 87 95 98 79 80 81 83 82 94 91 100 90 119 104 105 103 120 111 121 113 116 115 109 114 107 99 108 112 110 93 96 89 97 92 54 55 46 58 88 45 Source: Yardi Matrix 1 mi a Berkshire Hathaway and Jefferies Financial Group company

Transcript of San Jose New Construction & Proposed Multifamily Projects 2Q18 · 20 Cityline Sunnyvale 225 South...

Page 1: San Jose New Construction & Proposed Multifamily Projects 2Q18 · 20 Cityline Sunnyvale 225 South Taaffe Street Sunnyvale CA 94086 Under Construction 292 Sunnyvale 04/30/2017 08/31/2018

San Jose New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS1 Santa Clara Square 18402 808 West 3153 Elan Mountain View 1644 Modera the Alameda 1685 Turing 3716 300 Railway 151

Total Lease-Up 3,0097 Dean, The 5838 Anton Milpitas 5829 Graduate, The 23510 Platform, The 55111 Gateway Village 47612 500 Ferguson Drive 39413 SparQ 10514 Edge, The 38115 Modera at San Pedro 20116 138 Stockton Avenue 16417 Anton Mountain View 14418 James, The 19519 Silver 26820 Cityline Sunnyvale 29221 Capitol 650 348

Total Under Construction 4,91922 150 South 2nd Street Block 3 39323 Gateway Tower 27524 Miro 60025 Park View Towers 22026 Post Street & San Pedro Street 18227 Summerwind Phase II 10328 Diridon Station 32529 Ohlone Phase II, The 55030 1500 - 1646 Centre Pointe 69431 Piper Drive Residential 30832 358 Hatton Street 25833 Reserve, The 63634 Volar 30735 Lawrence Square 70136 1120 Kifer Road 52037 1250 Lakeside Drive 25038 Butcher's Corner 15339 Novo 20440 2755 El Camino Real 6041 North San Pedro Street Apartment Towers 38142 Marina Plaza 18843 Nuevo 537

Total Planned 7,84544 259 Meridian 12045 Southwest Plaza at Bascom Station 71046 1260 East Santa Clara Street 41847 27 South 1st Street 34248 70 South Almaden 70849 Alamaden Blvd & Park Avenue 26050 Aviato 30451 Balbach St & South Almaden Blvd 8752 Davidson Plaza Towers 65353 Garden Gate Tower 28554 Japantown Square 52055 North 14th St & East St. John Street 75056 San Jose State University 400

57 Tamien Station Transit OrientedDevelopment 440

58 1936 Alum Rock 9459 1777 Almaden Road 9260 Canoas Garden Avenue & Evans Lane 6161 Cambrian Park Plaza Redevelopment 344

62 Great Oaks Boulevard 30163 1410 South Bascom Avenue 44764 1470 West San Carlos Street 8165 250 Grand Avenue 8066 715 West Julian Street 22867 740 West San Carlos 6368 777 West San Carlos 14869 District, The 240070 DuPont Street & McEvoy Street 45871 McEvoy St & West San Carlos St 31972 Montgomery 2 7073 Montgomery 7 5474 Park Avenue & Delmas Avenue 64375 Race Street Residential 20676 Race Street Terrace 7077 Rail Yard Place 65078 Sunol Street 26879 Seely Avenue 10080 720 Montague Expwy 21681 Ada 21882 Elion 42383 Gideon 17384 751 South Winchester Blvd 16085 Dudley Avenue 11086 eaves West Valley Phase III 30087 Saratoga Ave & Stevens Creek Blvd 870

88 Stevens Creek Executive Center Redevelopment 500

89 2232 - 2240 El Camino Real 15190 2233 Calle Del Mundo 5791 City Place Santa Clara 136092 Gateway Crossing 160093 Intel Land 95094 Kylli 10095 Laguna Clara Phase II 40796 Mariani's Inn 39297 Mission Town Center 38598 Moonlite Lanes 15899 North Bayshore 9850100 Tasman East 50101 Hamptons Redevelopment, The 942102 Oaks Shopping Center 470103 311 South Mathilda Avenue 73104 370 San Aleso 63105 403 South Mathilda Avenue 100106 Atria 108107 1255 Pear Avenue 650108 1696 Villa Street 226109 2700 West El Camino Real 211110 525 Evelyn 471

111 Eaves Mountain View at Middlefield Phase II 341

112 Middlefield Crossing 100113 San Antonio Road & California St 480114 Shoreline Boulevard 203115 3001 El Camino Real 50116 Wilton Court 61117 Agrihood 361118 Hills at Vallco, The 800119 1139 Karlstad Drive 250120 400 Logue 412121 Village Lake Redevelopment 711

Total Prospective 38,687

11

13

19

9

1516

18

218

10

14

20

12

177

33

23

26

22

24

28

29

25

41

2734

42

38

36

40

39

43

31

30

37

32

35

6

4

2

1

5

3

Lease-up

Under Construction

Planned

Prospective

LEGEND

2Q18

Source: Yardi Matrix2 mi

53

56

52

50

77

51

74

64

44 65

78677170 73

72

687576

49

47

48

6966

61

62

60

59

57

4963

86

118102

101

106

84

117

8587

95

98

79

80

818382

94 91100

90

119

104

105103

120111

121

113

116115

109 114

107

99

108

112

110 93

96 8997

9254

5546

58

88

45

Source: Yardi Matrix1 mi

a Berkshire Hathaway and Jefferies Financial Group company

Page 2: San Jose New Construction & Proposed Multifamily Projects 2Q18 · 20 Cityline Sunnyvale 225 South Taaffe Street Sunnyvale CA 94086 Under Construction 292 Sunnyvale 04/30/2017 08/31/2018

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP

1 Santa Clara Square 3321 Coronado Place Santa Clara CA 95054 Lease-Up 1840 Santa Clara 02/06/2017 02/28/2021 03/12/20182 808 West 808 West San Carlos Street San Jose CA 95126 Lease-Up 315 Central San Jose West 02/01/2016 10/31/2018 12/01/20173 Elan Mountain View 1030 Castro Street Mountain View CA 94040 Lease-Up 164 Mountain View - Los Altos 03/01/2016 09/30/2018 04/16/20184 Modera the Alameda 787 The Alameda San Jose CA 95126 Lease-Up 168 Central San Jose West 12/04/2015 09/30/2018 04/05/20185 Turing 1315 McCandless Drive Milpitas CA 95035 Lease-Up 371 Milpitas 11/18/2015 09/30/2018 10/09/20176 300 Railway 300 Railway Avenue Campbell CA 95008 Lease-Up 151 Campbell 08/01/2016 07/31/2018 06/11/2018

TOTAL LEASE-UP 3,0097 Dean, The 400 San Antonio Road Mountain View CA 94040 Under Construction 583 Mountain View - Los Altos 11/01/2017 11/30/20208 Anton Milpitas 730 East Capitol Avenue Milpitas CA 95035 Under Construction 582 Milpitas 09/04/2017 05/31/20209 Graduate, The 300 South 2nd Street San Jose CA 95113 Under Construction 235 Central San Jose 03/12/2018 04/30/202010 Platform, The 1590 Berryessa Road San Jose CA 95133 Under Construction 551 North San Jose 04/02/2018 10/31/201911 Gateway Village 3700 El Camino Real Santa Clara CA 95051 Under Construction 476 Sunnyvale 09/01/2016 07/31/201912 500 Ferguson Drive 500 Ferguson Drive Mountain View CA 94043 Under Construction 394 Mountain View - Los Altos 11/06/2017 07/31/201913 SparQ 598 South 1st Street San Jose CA 95113 Under Construction 105 Central San Jose 03/19/2018 05/31/201914 Edge, The 765 Montague Expwy Milpitas CA 95035 Under Construction 381 Milpitas 04/01/2017 04/30/201915 Modera at San Pedro 45 North San Pedro Street San Jose CA 95110 Under Construction 201 Central San Jose 02/01/2018 03/31/201916 138 Stockton Avenue 138 Stockton Avenue San Jose CA 95126 Under Construction 164 Central San Jose West 03/12/2018 03/31/201917 Anton Mountain View 394 Ortega Avenue Mountain View CA 94040 Under Construction 144 Mountain View - Los Altos 05/07/2018 03/31/201918 James, The 50 North 1st Street San Jose CA 95113 Under Construction 195 Central San Jose 02/01/2016 01/31/201919 Silver 860 West San Carlos Street San Jose CA 95126 Under Construction 268 Central San Jose West 09/18/2017 10/31/201820 Cityline Sunnyvale 225 South Taaffe Street Sunnyvale CA 94086 Under Construction 292 Sunnyvale 04/30/2017 08/31/201821 Capitol 650 650 East Capitol Avenue Milpitas CA 95035 Under Construction 348 Milpitas 02/03/2017 07/31/2018

TOTAL UNDER CONSTRUCTION 4,91922 150 South 2nd Street Block 3 150 South 2nd Street San Jose CA 95113 Planned 393 Central San Jose23 Gateway Tower 470 South Market Street San Jose CA 95113 Planned 275 Central San Jose24 Miro 167 East Santa Clara Street San Jose CA 95113 Planned 600 Central San Jose25 Park View Towers 252 North 1st Street San Jose CA 95113 Planned 220 Central San Jose26 Post Street & San Pedro Street Post Street & San Pedro Street San Jose CA 95113 Planned 182 Central San Jose27 Summerwind Phase II 2055 Summerside Drive San Jose CA 95122 Planned 103 South San Jose28 Diridon Station 402 West Santa Clara Street San Jose CA 95113 Planned 325 Central San Jose West29 Ohlone Phase II, The West San Carlos Street & Sunol Street San Jose CA 95126 Planned 550 Central San Jose West30 1500 - 1646 Centre Pointe 1646 Centre Pointe Drive Milpitas CA 95035 Planned 694 Milpitas31 Piper Drive Residential 1256 Piper Drive Milpitas CA 95035 Planned 308 Milpitas32 358 Hatton Street 358 Hatton Street San Jose CA 95128 Planned 258 West San Jose33 Reserve, The 897 South Winchester Blvd San Jose CA 95128 Planned 636 West San Jose34 Volar 350 South Winchester Blvd San Jose CA 95128 Planned 307 West San Jose35 Lawrence Square 3501 El Camino Real Santa Clara CA 95051 Planned 701 Santa Clara36 1120 Kifer Road 1120 Kifer Road Sunnyvale CA 94086 Planned 520 Sunnyvale37 1250 Lakeside Drive 1250 Lakeside Drive Sunnyvale CA 94085 Planned 250 Sunnyvale38 Butcher's Corner 871 East Fremont Avenue Sunnyvale CA 94087 Planned 153 Sunnyvale39 Novo 2268 West El Camino Real Mountain View CA 94040 Planned 204 Mountain View - Los Altos40 2755 El Camino Real 2755 El Camino Real Palo Alto CA 94306 Planned 60 Palo Alto - Stanford41 North San Pedro Street Apartment Towers 195 West Julian Street San Jose CA 95110 Planned 381 Central San Jose42 Marina Plaza 10118 Bandley Drive Cupertino CA 95014 Planned 188 Cupertino43 Nuevo 3505 Kifer Road Santa Clara CA 95051 Planned 537 Sunnyvale

TOTAL PLANNED 7,84544 259 Meridian 259 Meridian Avenue San Jose CA 95126 Prospective 12045 Southwest Plaza at Bascom Station 2050 Southwest Expwy San Jose CA 95126 Prospective 71046 1260 East Santa Clara Street 1260 East Santa Clara Street San Jose CA 95116 Prospective 418 Central San Jose47 27 South 1st Street 27 South 1st Street San Jose CA 95113 Prospective 342 Central San Jose48 70 South Almaden 70 South Almaden Avenue San Jose CA 95113 Prospective 708 Central San Jose49 Alamaden Blvd & Park Avenue Alamaden Blvd & Park Avenue San Jose CA 95113 Prospective 260 Central San Jose50 Aviato 199 Bassett Street San Jose CA 95110 Prospective 304 Central San Jose51 Balbach Street & South Almaden Blvd SEC Balbach Street & South Almaden Blvd San Jose CA 95110 Prospective 87 Central San Jose52 Davidson Plaza Towers 255 West Julian Street San Jose CA 95110 Prospective 653 Central San Jose53 Garden Gate Tower 600 South 1st Street San Jose CA 95113 Prospective 285 Central San Jose54 Japantown Square 650 North 6th Street San Jose CA 95112 Prospective 520 Central San Jose55 North 14th Street & East St. John Street North 14th Street & East St. John Street San Jose CA 95112 Prospective 750 Central San Jose56 San Jose State University North 4th Street & East St. John Street San Jose CA 95192 Prospective 400 Central San Jose57 Tamien Station Transit Oriented Development 1197 Lick Avenue San Jose CA 95110 Prospective 440 Central San Jose58 1936 Alum Rock 1936 Alum Rock Avenue San Jose CA 95116 Prospective 94 East San Jose59 1777 Almaden Road 1777 Almaden Road San Jose CA 95125 Prospective 92 South San Jose60 Canoas Garden Avenue & Evans Lane Canoas Garden Avenue & Evans Lane San Jose CA 95125 Prospective 61 South San Jose61 Cambrian Park Plaza Redevelopment 14900 Camden Avenue San Jose CA 95124 Prospective 344 Far South San Jose62 Great Oaks Boulevard NWC Great Oaks Blvd & Highway 85 San Jose CA 95113 Prospective 301 Far South San Jose63 1410 South Bascom Avenue 1410 South Bascom Avenue San Jose CA 95128 Prospective 447 Central San Jose West64 1470 West San Carlos Street 1470 West San Carlos Street San Jose CA 95126 Prospective 81 Central San Jose West65 250 Grand Avenue 250 Grand Avenue San Jose CA 95126 Prospective 80 Central San Jose West

Source: Yardi Matrix

San Jose New Construction and Proposed Multifamily Projects

© 2018 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx

Page 3: San Jose New Construction & Proposed Multifamily Projects 2Q18 · 20 Cityline Sunnyvale 225 South Taaffe Street Sunnyvale CA 94086 Under Construction 292 Sunnyvale 04/30/2017 08/31/2018

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP

66 715 West Julian Street 715 West Julian Street San Jose CA 95126 Prospective 228 Central San Jose West67 740 West San Carlos 740 West San Carlos Street San Jose CA 95126 Prospective 63 Central San Jose West68 777 West San Carlos 777 West San Carlos Street San Jose CA 95126 Prospective 148 Central San Jose West69 District, The North Autumn Street & West Julian Street San Jose CA 95113 Prospective 2400 Central San Jose West70 DuPont Street & McEvoy Street 205 Dupont Street San Jose CA 95126 Prospective 458 Central San Jose West71 McEvoy Street & West San Carlos Street 280 McEvoy Street San Jose CA 95126 Prospective 319 Central San Jose West72 Montgomery 2 543 Lorraine Avenue San Jose CA 95110 Prospective 70 Central San Jose West73 Montgomery 7 565 Lorraine Avenue San Jose CA 95110 Prospective 54 Central San Jose West74 Park Avenue & Delmas Avenue Park Avenue & Delmas Avenue San Jose CA 95110 Prospective 643 Central San Jose West75 Race Street Residential 253 Race Street San Jose CA 95126 Prospective 206 Central San Jose West76 Race Street Terrace 237 Race Street San Jose CA 95126 Prospective 70 Central San Jose West77 Rail Yard Place Coleman Avenue & Guadalupe Fwy San Jose CA 95110 Prospective 650 Central San Jose West78 Sunol Street 345 Sunol Street San Jose CA 95126 Prospective 268 Central San Jose West79 Seely Avenue Montague Expwy & Seely Avenue San Jose CA 95134 Prospective 100 North San Jose80 720 Montague Expwy 720 Montague Expwy Milpitas CA 95035 Prospective 216 Milpitas81 Ada Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 218 Milpitas82 Elion Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 423 Milpitas83 Gideon Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 173 Milpitas84 751 South Winchester Blvd 751 South Winchester Blvd San Jose CA 95128 Prospective 160 West San Jose85 Dudley Avenue 544 Dudley Avenue San Jose CA 95128 Prospective 110 West San Jose86 eaves West Valley Phase III 700 Saratoga Avenue San Jose CA 95129 Prospective 300 West San Jose87 Saratoga Avenue & Stevens Creek Blvd Saratoga Avenue & Stevens Creek Blvd San Jose CA 95129 Prospective 870 West San Jose88 Stevens Creek Executive Center Redevelopment 4300 Stevens Creek Blvd San Jose CA 95129 Prospective 500 West San Jose89 2232 - 2240 El Camino Real 2232 El Camino Real Santa Clara CA 95050 Prospective 151 Santa Clara90 2233 Calle Del Mundo 2233 Calle Del Mundo Santa Clara CA 95054 Prospective 57 Santa Clara91 City Place Santa Clara 5155 Stars and Stripes Drive Santa Clara CA 95054 Prospective 1360 Santa Clara92 Gateway Crossing 1205 Coleman Avenue Santa Clara CA 95050 Prospective 1600 Santa Clara93 Intel Land SWC Freedom Circle & Mission College Blvd Santa Clara CA 95054 Prospective 950 Santa Clara94 Kylli 3005 Democracy Way Santa Clara CA 95054 Prospective 100 Santa Clara95 Laguna Clara Phase II 3131 Homestead Road Santa Clara CA 95051 Prospective 407 Santa Clara96 Mariani's Inn 2500 El Camino Real Santa Clara CA 95051 Prospective 392 Santa Clara97 Mission Town Center El Camino Real & Benton Street Santa Clara CA 95050 Prospective 385 Santa Clara98 Moonlite Lanes 2780 El Camino Real Santa Clara CA 95051 Prospective 158 Santa Clara99 North Bayshore Charleston Road & North Shoreline Blvd Mountain View CA 94043 Prospective 9850 Santa Clara100 Tasman East 5102 Calle del Sol Santa Clara CA 95054 Prospective 50 Santa Clara101 Hamptons Redevelopment, The 19500 Pruneridge Avenue Cupertino CA 95014 Prospective 942 Cupertino102 Oaks Shopping Center 21267 Stevens Creek Blvd Cupertino CA 95014 Prospective 470 Cupertino103 311 South Mathilda Avenue 311 South Mathilda Avenue Sunnyvale CA 94086 Prospective 73 Sunnyvale104 370 San Aleso 370 San Aleso Avenue Sunnyvale CA 94085 Prospective 63 Sunnyvale105 403 South Mathilda Avenue 403 South Mathilda Avenue Sunnyvale CA 94086 Prospective 100 Sunnyvale106 Atria 1008 East El Camino Real Sunnyvale CA 94087 Prospective 108 Sunnyvale107 1255 Pear Avenue 1255 Pear Avenue Mountain View CA 94043 Prospective 650 Mountain View - Los Altos108 1696 Villa Street 1696 Villa Street Mountain View CA 94041 Prospective 226 Mountain View - Los Altos109 2700 West El Camino Real 2700 West El Camino Real Mountain View CA 94040 Prospective 211 Mountain View - Los Altos110 525 Evelyn 555 East Evelyn Avenue Mountain View CA 94041 Prospective 471 Mountain View - Los Altos111 Eaves Mountain View at Middlefield Phase II 555 West Middlefield Road Mountain View CA 94043 Prospective 341 Mountain View - Los Altos112 Middlefield Crossing 685 East Middlefield Road Mountain View CA 94043 Prospective 100 Mountain View - Los Altos113 San Antonio Road & California Street NEC California Street & San Antonio Road Mountain View CA 94040 Prospective 480 Mountain View - Los Altos114 Shoreline Boulevard 1001 North Shoreline Blvd Mountain View CA 94043 Prospective 203 Mountain View - Los Altos115 3001 El Camino Real 3001 El Camino Real Palo Alto CA 94306 Prospective 50 Palo Alto - Stanford116 Wilton Court 3709 El Camino Real Palo Alto CA 94306 Prospective 61 Palo Alto - Stanford117 Agrihood 90 North Winchester Blvd Santa Clara CA 95050 Prospective 361 West San Jose118 Hills at Vallco, The 10123 North Wolfe Road Cupertino CA 95014 Prospective 800 Cupertino119 1139 Karlstad Drive 1139 Karlstad Drive Sunnyvale CA 94089 Prospective 250 Sunnyvale120 400 Logue 400 Logue Avenue Mountain View CA 94043 Prospective 412 Mountain View - Los Altos121 Village Lake Redevelopment 777 West Middlefield Road Mountain View CA 94043 Prospective 711 Mountain View - Los Altos

TOTAL PLANNED 38,687

TOTAL SAN JOSE 54,460

Source: Yardi Matrix

San Jose New Construction and Proposed Multifamily Projects

© 2018 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx