SlideShare a Scribd company logo
1 of 9
Download to read offline
1125 Market St, San Francisco                                                                                                                                                                                                                                                              Page 1 of 9



SlideShare

Search…

   • Upload
   • Browse

   • Go Pro
   • 00
   •


                                                                                                                Email                      Favorite                         Save file                       Flag             Embed              Related   More

                                                                                                                                                                                                                                                             EN TRIPS Existing Conditions Jun
      0                                                                                                                                                                                                                                                      2010
                                                                                                          1125 Ma rke t Stre e t | San Francis co, CA                                                                                                        843 views
   Like


                                                                                                                                                                                                                                                             Where To Live, How To Get There
  1                                                                                                                                                                                                                                                          695 views
                          Contents
                          1.       Exe c u tive Su m m a ry

                                   •     Offe ring Ove rvie w
                                   •     P rojec t Des cription
                                                                                                                                                                                                                                                             575 4th street1
                                   •     Inves tme nt Highlights                                                                                                                                                                                             76 views
                                   •     Loca tion Map

                          2.       P roje c t De s c rip tio n

                                   •     Ass umptions
                                   •     S ite P lan
                                                                                                                                                                                                                                                             65-67 Ramona Street
                          3.       De ns ity Ana lys is
                                                                                                                                                                                                                                                             143 views
                          4.       Loc a tio n

                                   •     S an Fra ncis co Area
                                   •     Notable Mid Market Projec ts

                          5.       Ma rke t Ove rvie w                                                                                                                                                                                                       New York City Neighborhoods
                                   •     Apartment Marke t S naps hot
                                                                                                                                                                                                                                                             145 views
                                   •     Downtown Sa n Franc isc o Re side ntial Pipe line
                                   •     Entitled Projec ts




                                                                                                                                                                                                                                                             Broadway Tod Report 1 Precedents
                          Th is in fo rm a tio n s u p p lie d h e re in is fro m s o u rc e s w e d e e m re lia b le . It is p ro vid e d with o u t a n y re p re s e n ta t io n , wa rra n t y o r g u a ra n te e ,
                                                                                                                                                                                                                                     Pa g e 4
                          e xp re s s e d o r im p lie d a s t o its a c c u ra c y. P ro s p e c tive Bu ye r o r Te n a n t s h o u ld c o n d u c t a n in d e p e n d e n t in ve s tig a tio n a n d ve rific a tio n
                          o f a ll m a tt e rs d e e m e d to b e m a te ria l, in c lu d in g , b u t n o t lim it e d to , s ta te m e n t s o f in c o m e a n d e xp e n s e s . C o n s u lt yo u r a tt o rn e y,
                                                                                                                                                                                                                                                             1455 views
                          a c c o u n t a n t, o r o t h e r p ro fe s s io n a l a d vis o r.




             «‹›»
             4                                                             /31                                                                                                                                                                               01.ENTRIPS
                                                                                                                                                                                                                                                             207 views




                                                                                                                                                                                                                                                             Chip's Scavenger Hunt Powerpoint
                                                                                                                                                                                                                                                             146 views




                                                                                                                                                                                                                                                             04.ENTRIPS
                                                                                                                                                                                                                                                             79 views
                 No comments yet


                                                                                                                                                                                                                                                             Cutsheet Drafts 1
                                                                                                                                                                                                                                                             514 views




                                                                                                                                                                                                                                                             Affordable Housing MoHUPA &
                                                                                                                                                                                                                                                             Dept. of Housing, SPA Delhi
                                                                                                                                                                                                                                                             3089 views



                                                                                                                                                                                                                                                             Downtown Austin Development 2007
                                                                                                                                                                                                                                                             8434 views

                         1125 Market St, San Francisco
                         Presentation Transcript
                                                                                                                                                                                                                                                             Soma Q209 Office Report
                                                                                                                                                                                                                                                             1548 views
                     1. 1125 Market1125 MARKET STREET Street San Francisco, CA Ma rke tS t

                     Confidential Offering Memorandum St h 8t PRESENTED David Wientjes
                     Clayton Jew BY 415.229.8969 415.229.8920 davidw@kiddermathews.com                                                                                                                                                                       Final June Maincor
                                                                                                                                                                                                                                                             833 views
                     cjew@kiddermathews.com LIC #00869637 LIC #00834308


                     2. t St rke Ma1125 MARKET STREET ter St McAllis Golden Gate Ave
                                                                                                                                                                                                                                                             02.ENTRIPS
                                                                                                                                                                                                                                                             90 views
                     3. NORTH BEACH CHINATOWN NOB HILL FINANCIAL DISTRICT

                     UNION SQUARE CIVIC CENTER 1125 MARKET
                     STREETHAYESVALLEY                                                                                                                                                                                                                       San Francisco Highlights Q1 2012
                                                                                                                                                                                                                                                             Tom Poser
                                                                                                                                                                                                                                                             35 views




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                                                                                                                                                                                                                       12/20/2012
1125 Market St, San Francisco                                                                                                Page 2 of 9



          4. 1125 Market Street | San Francisco, CAContents1. Executive Summary •
                                                                                               Civic masterplan sector1-small
          Offering Overview • Project Description • Investment Highlights • Location           847 views

          Map2. Project Description • Assumptions • Site Plan3. Density Analysis4.
          Location • San Francisco Area • Notable Mid Market Projects5. Market
                                                                                               TCG Housing Recovery Forecast
          Overview • Apartment Market Snapshot • Downtown San Francisco Residential            2366 views

          Pipeline • Entitled ProjectsThis information supplied herein is from sources we

          deem reliable. It is provided without any representation, warranty or
                                                                                               The Concord Group's Housing
          guarantee,expressed or implied as to its accuracy. Prospective Buyer or Tenant       Recovery Forecast
                                                                                               4285 views
          should conduct an independent investigation and verification Page 4of all
          matters deemed to be material, including, but not limited to, statements of
                                                                                               Redevelopment Commission Projects
          income and expenses. Consult your attorney,accountant, or other professional         Book
                                                                                               737 views
          advisor.


          5. 1125 Market Street | San Francisco, CAExecutive Summary Page 5                    Autodesk Facility Coordinator


          6. 1125 Market Street | San Francisco, CAExecutive SummaryOFFERING
          OVERVIEW1125 Market Street represents a unique opportunity to acquire a
                                                                                               Overcome the 5 Pitfalls of Subleases
          residentialdevelopment project in the heart of the Mid Market and Civic
          Center/Van NessCorridor districts of San Francisco. The property benefits from

          its proximity toall that San Francisco has to offer with major freeway and mass
                                                                                               Mlnarik for BBQ
          transit accesspoints to North Bay and the Peninsula.Price1125 Market Street is
          being offered without an asking price.Offering ProcessAll Offers should be

          delivered to the offices of the Advisor, Kidder Mathews,attention David
                                                                                               Wakefield Building - 426 17th St.
          Wientjes or Clayton Jew, by fax at 415-229-8987 or e-mailat                          Oakland
          davidw@kiddermathews or cjew@kiddermathews.com. We request
          thatinterested parties submit a formal Letter of Intent (“LOI”) on the Offer
                                                                                               Social Media Luncheon for the
          Dateoutlining their company background along with the salient terms by               AEC/Commercial Real Estate
                                                                                               Industries
          whichthey intend to purchase the Property, including purchase price, deposits,

          duediligence period, and closing period. Page 6
                                                                                               ACP - San Francisco Transbay
                                                                                               Terminal Presentation
          7. 1125 Market Street | San Francisco, CAPROJECT DESCRIPTION •
          Approved payroll tax incentives on new jobs, luring employers to immediate

          area• Established and highly desirable location • Lack of developable land and       98 Franklin St. aerial view

          strict land use controls hindering new• Outstanding demographics

          developmentINVESTMENT HIGHLIGHTS • In proximity to a number of
          colleges including the Academy of Art University, California Art Institute,          Human Factors/Ergonomics in the
                                                                                               Workplace
          Hastings College, and Dugoni School of• 2 blocks from Market Square,
          headquarters for Twitter Dentistry• Existing 12,401 square foot site (no

          demolition required)• Within the emerging Central Market Corridor, home of           Rock Wall Winery Tour
          Twitter and notable residential projects such as Crescent Heights, Avalon Bay

          and Trinity Plaza• Immediately adjacent to the Strand Theater recently
          purchased by ACT theater• Located next to Hayes Valley - noted for                   Renior Hotel_ SF Biz Times
          outstanding urban living, world class restaurants and nightlife, urban agriculture
          and community ethic• Bordering Civic Center and Van Ness Corridor, the

          cultural heart of San Francisco• BART and Muni entry in front of property•           Become an IFMA ENERGY
          Economic recovery in full swing 1355 Market Street | Home of Twitter and             STAR®!

          Yammer• Easy access to 101 and 280 freeways Page 7

                                                                                               Cal Ergonomics Project Win - UC
          8. 1125 Market Street | San Francisco, CALOCATION MAP CA Art
                                                                                               Berkeley
          Residential Development Proposed SF PUC 50 UN Institute California PUC
          Headquarters Asian Plaza (Federal) 1 1 1 Polk - The Argenta r S tr e e t Art
                                                                                               BOC Oakland Employer Panelist
          Museum 1125 MARKET STREET 179 Units M c A ll is te 2 10th & Market -
                                                                                               Call
          Crescent Heights ACT Civic Theatre 2 750 Units ld l B era Center Plaza 16,000

          SF retail g Herbst ce d ffi Fe Theater (845 Parking O w SF Spaces) 3 Trinity
                                                                                               Accounting Clerk Position at Santa
          Developments e N City Hall SF Main Public Library 1,900 Units 60,000 SF
                                                                                               Clara Law Firm
          retail t ree 7 3 4 1390 Market - Fox Plaza li n S t War Memorial Opera House S
          tr e e t 3 230 Units G ro v e ue 5 77 Van Ness Frank Bill Graham Aven Civic 4
                                                                                               Infuse Marketing Work
          48 Units 8t Auditorium 1275 Market h Divco West 6 55 Page Street - The
                                                                                               Recommendations
          Hayes S Davies ess tr Symphony 128 Units ee Hall t Va n N Academy 7 SoMa

          Grand of Art 4 5 University et 8 246 Units S tr e e t e Hayes Emerald tr 9t 8 55




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                                                         12/20/2012
1125 Market St, San Francisco                                                                                                 Page 3 of 9



          9th Street - Avalon Bay S Fund 1 et h S 6 260 Units Development k 400+ Units          ACP Holiday Mixer

          ar tr ee M Market Square t (Twitter) eet F e ll S tr 5 1.1M SF 7 2 8 on San

          Francisco 1455 Market Conservatory i ss of Music Hudson Pacific i tr e e t M
                                                                                                Santa Clara Chamber
          Oak S 11 th City of SF S Muni tr Headquarters ee t tr e e t Page S 6 Page 8
                                                                                                Newsletter_Nov Issue

          9. 1125 Market Street | San Francisco, CAProject Description Page 9

                                                                                                Hoteling, Real Estate & the
          10. 1125 Market Street | San Francisco, CAProject Description122 UNIT                 Evolution of Facilities
          DENSITY STUDY Page 10


          11. 1125 Market Street | San Francisco, CAASSUMPTIONSMunicipal Address                October 2011 IFMA Foundation
                                                                                                Newsletter
          1125 Market Street, San Francisco, CA (Northside, between 7th and 8th Streets)

          Zoning (Market Octavia Area Plan) C3G (Downtown General Commercial
          District)Parcel Number Block 3702 - Lot 047Height and Bulk Limit 120-X (No            Product Manager Energy
                                                                                                Performance
          Bulk)Dwelling Unit Density 1 dwelling unit for each 125 SF of lot area is a
          permitted use. A greater density, limited by the discretion of the Planning

          Commission, is a conditional use. A greater density, limited by the discretion of
          the Planning Commission, is a conditional use.FAR 6.0 to 1 (without TDR’s),

          9.0 to 1 (with TDR’s)Maximum FAR 1.5 x basic FAR = 1.5 x 6.0 = 9.0 The
          gross area of the lot in the C-3-R, C-3-S % C-3-G Distircits may not exceed a

          floor area that is 1 1/2 times the basic area limit for the district. Therefore it
          may only reach a maximum of 9.0 to 1.Parking Off-Street Parking: Residential -

          Not required in any C-3 district, Non-Residential - Not required in any C-3
          district Maximum Parking Allowed: Permitted up to one car for each four

          dwelling units; up to 0.75 cars for each dwelling unit, subject to the criteria and
          procedures of Section 151.1(f); not permitted above 0.75 cars for each dwelling

          unit. Bicycle Parking: For projects up to 50 dwelling units, one Class 1 space
          for every 2 dwelling units. For projects over 50 dwelling units, 25 Class 1

          spaces plus one Class 1 space for every 4 dwelling units over 50.Site Size (Per
          Realquest) 165 feet x 75.167 feet = 12,402.56Allowable Conditional Uses

          Residential, Retail, Entertainment, WholesaleHighest and Best Use Residential
          Apartments/CondosStreet Frontage Market Street - 75.167’ Page 11


          12. 1125 Market Street | San Francisco, CASITE PLAN1125 Market Street is
          located on the block bounded by 7th and 8th Streets and Stevenson Street. The

          Property is located and referred to by Assesor’s Numbers3207-047. The site is a
          rectangular shape containing ±12,401 square feet (.28 acres) of land. Page 12


          13. 1125 Market Street | San Francisco, CADensity Analysis Page 13


          14. 1125 Market Street | San Francisco, CADensity Analysis1125 MARKET
          STREETSan Francisco, CAAstoria Properties LLCHeller Manus

          ArchitectsMarch 27, 2012AREA SUMMARY PARKING OPEN SPACE
          UNIT MIX Resid. Unit Resid. Unit Resid. Residential Residential Level NSF

          GSF Common GSF Retail GSF Parking GSF Mech. GSF Total GSF Parking
          Stalls Bicycle Stalls Common Private Retail JR 1 BR 1 BR 2 BR # Units Level

          R 560 560 5,856 R 12 6,830 10,045 10,045 7 3 1 11 12 11 6,830 10,045 10,045
          7 3 1 11 11 10 6,830 10,045 10,045 7 3 1 11 10 9 6,830 10,045 10,045 7 3 1 11

          9 8 6,830 10,045 10,045 7 3 1 11 8 7 6,830 10,045 10,045 7 3 1 11 7 6 6,830
          10,045 10,045 7 3 1 11 6 5 6,830 10,045 10,045 7 3 1 11 5 4 6,830 10,045

          10,045 7 3 1 11 4 3 6,830 10,045 10,045 7 3 1 11 3 2 6,790 10,045 10,045 10 2
          0 12 2 1 3,500 8,365 11,865 1 B 11,940 11,940 19 43 BTOTAL 75,090 110,495

          3,500 8,365 11,940 560 134,860 19 43 5,856 0 0 80 32 10 122 UNIT TYPES
          JR 1 BR 1 BR 2 BR Total UNIT RATIOS 65.6% 26.2% 8.2% 100.0%FAR

          CALCULATIONS: OPEN SPACE CALCULATIONS:Building GFA =
          110,495 GFA (excludes retail, parking and mech. penthouse) Residential:Site

          Area = 12,401 SF Total Units = 122 unitsFAR = 8.91 Common Open Space
          Required = 122 units x 48 sf =5,856 sf Common Open Space Provided = 5,856

          sfTDR CALCULATIONS: Retail:Base FAR = 6 Open Space Required = 8,365
          sf / 50 = 168 sfBase FAR + TDR = 8.91 Open Space Provided = 0 sfTDRs

          Required = 36,089 SF (This is assumed being covered by paying an in-lieu




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                                                          12/20/2012
1125 Market St, San Francisco                                                                  Page 4 of 9



          open space fee)Assumptions:1. Residential Unit NSF areas are taken from paint
          -to-paint within each of the units.2. The rear yard (sec. 134) and dwelling unit

          facing an open area (sec. 140) requirements will require asking for exceptions
          to the Planning Code. Page 14


          15. 1125 Market Street | San Francisco, CALocation Page 15


          16. 1125 Market Street | San Francisco, CALocationSAN FRANCISCO AREA
          or Western Addition rrid Fillmore Co Financial ss Union Ne Square District

          Civic Van Hayes Center Valley Yerba Octavia/ Buena Market 1125 MARKET
          STREET SoMa Castro Mission Page 16


          17. 1125 Market Street | San Francisco, CAThe vibrant and dynamic San
          Francisco Bay Area is equidistant to Europeand Asia, making it a strategic

          location for global businesses and one ofthe leading centers for international
          commerce. The city of San Francisco issituated on a 46.6 square mile peninsula

          bordered by the Pacific Ocean to thewest, Marin county to the north, and San
          Francisco Bay’s vast deep-waterharbors to the east. The Bay Area’s long

          standing cultural and commercialties with Asia provide a unique competitive
          advantage for sustaining SanFrancisco’s status as the gateway to the Pacific

          Rim.San Francisco is the commercial center of the nine-county Bay Area
          regionand is the 24th largest economic market in the world. With over seven

          millionresidents, the San Francisco Bay Area is the 5th largest metropolitan
          area inthe United States and world famous for its scenic beauty, 24-hour

          “live/work/play” environment and unparalleled amenity base downtown.Forbes
          magazine indicates that San Francisco and the Bay Area remainamong the top

          areas in the country for growth in jobs, income and output. boasts great
          diversity, with substantial financial services, professionalBecause of these and

          other factors, San Francisco emerged from the services, technology, real estate,
          entertainment, consumer goods, advertising,recession of the early 1990’s and

          2008 as one of the most dynamic and biotechnology, tourism, education and
          engineering sectors. San Franciscodesirable places to visit, live and work in the

          world. It is not surprising that boasts one of the most highly educated and
          diverse work forces in the worldPrice Waterhouse Cooper’ “Emerging Trends

          in Real Estate,” a survey of over and the San Francisco Bay Area owes much of
          its economic success to its150 investors, owners and other experts in the U.S.

          has repeatedly named extraordinary human capital.San Francisco as one of the
          most desirable targets for investment. Hometo nearly 800,000 residents

          (projected to grow to 957,000 residents by the Local companies have access to a
          large pool of creative, motivated, andyear 2035), San Francisco is the Bay

          Area’s most densely populated city with highly educated candidates: 42 percent
          are college graduates and 78 percentnumerous major publicly traded and private

          companies and is among the have high school diplomas. The depth and quality
          of the labor pool are duemost popular cities in the world to live, work and visit.

          The City’s economy Page 17


          18. 1125 Market Street | San Francisco, CAin part to the fine colleges and

          universities located in the region, including the • Firms such as Apple, Oracle,
          Cisco and Intel make the San Francisco Bayworld-class University of California

          at Berkeley, the University of California Area the nation’s leading producer of
          computer hardware and software. Inat San Francisco and Stanford University.

          The work force earns a per capita addition, leading internet companies
          including Google, eBay and Yahoo!income 12 percent higher than the statewide

          average and 37 percent higher maintain their headquarters in the Bay Area.than
          the national average. Recognizing local academic talent, Bay Area • Leading

          Bay Area universities such as UCSF, UC Berkeley and Stanforduniversities
          receive many corporate research grants , which typically flow to are attracting

          to the Bay Area the world’s greatest concentrationstop-tier universities. Ten
          Bay Area universities invest a combined $650 million of biotechnology and life

          science companies. The majority of theseannually on bioscience research alone.




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                           12/20/2012
1125 Market St, San Francisco                                                                   Page 5 of 9



          companies are located along the San Francisco Peninsula, from Mission• The
          Wall Street Journal declared San Francisco as the number one Bay in San

          Francisco to San Jose. desired location for recent graduates from the nation’s
          top business schools.• In San Francisco, job growth averages 10,000 new jobs a

          year with unemployment well below the state and national figures.Economic
          Highlights• The Bay Area has long been recognized as one of the most

          important innovative and rapidly growing high-technology sectors such as
          computer and biotechnology, unparalleled access to capital markets including

          the most active venture capital market in the world.• Twenty-eight Fortune 500
          and fifty-three Fortune 1,000 firms have their corporate headquarters in the Bay

          Area. Major international corporations, banks, financial services companies and
          venture capital firms are located in the region that collectively provides the

          necessary capital to fund the region’s economic strength. Page 18


          19. 1125 Market Street | San Francisco, CASan Francisco Premier Tourist

          DestinationSan Francisco is consistently viewed as one of the world’s premier
          touristdestinations and receives over 17 million visitors a year. Visitor and

          conventionspending generates over $8.5 billion annually. The Moscone Center
          andMoscone Center West host conventions throughout the year drawing in

          peoplefrom around the globe. About 60 percent of San Francisco’s visitors
          attendconventions.The San Francisco lodging market has performed

          exceptionally well inthe past twelve months, and according to Smith Travel
          Research, the SanFrancisco-San Mateo lodging market ranked third among the

          top 25 marketsnationwide in overall market RevPAR only behind New York
          and Honolulu.Comprised of a total of approximately 51,900 guestrooms in 398

          properties,the San Francisco area’s numerous tourist attractions, expansive
          meeting andconvention facilities, and a diverse economy makes the region one

          of the toplodging destinations in the country. Moscone Center Page 19


          20. 1125 Market Street | San Francisco, CALocation Overview1125 Market

          Street is located within the Mid Market District and borders theVan Ness/Civic
          center neighborhood in the center of the city, where MarketStreet and Van Ness

          Avenue intersect. It is also in proximity to Hayes Valley,SoMa, San Francisco’s
          downtown area, Union Square and Moscone Center.The Renaissance of Central

          MarketCentral Market, an area bounded by Van Ness Avenue, is undergoing
          anextraordinary renaissance due to it’s proximity to a vital transportation

          corridoralong Market Street, the increased demand for housing and commercial
          officespace due to the technology boom and the city of San Francisco’s focus to

          Trinity Plazarevitalize Central Market Street.The San Francisco Board of
          Supervisors passed a payroll tax exemption inApril 2011 which provides a six-

          year tax break for new employees hired atcompanies that move to an office
          location in the Central Market corridor.The tax break has attracted the world

          headquarter offices of Twitter to lease215,000 square feet at Shorenstein’s 1
          million square feet at 10th and MarketStreets. Other growing technology and

          creative companies are following suchas Zoosk, Yammer, ZenDesk, Burning
          Man, CallSocket and One King’s Lane.The revitalization of Central Market are

          motivating major institutional investorsto invest substantial capital into existing
          buildings such as Hudson Pacific,Shorenstein, Behringer Harvard, and

          TMG/Divcowest. Crescent Heights Avalon BayMajor residential projects are
          either in construction or breaking groundincluding Trinity Plaza, Crescent

          Heights and Avalon Bay. Page 20


          21. 1125 Market Street | San Francisco, CACivic Center1125 Market Street is
          located in proximity to the Civic Center neighborhoodwhich contains many of

          the City’s largest government and cultural institutions.The area has a total of 6.5
          million square feet of office space. Civic Centercomplex is seen as the cultural

          heart of San Francisco and the City hasinvested heavily in the area over the
          recent years including a new SymphonyHall, a renovated Opera House, a new
          Asian Arts Museum, a new libraryand a renovated City Hall. The private sector




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                            12/20/2012
1125 Market St, San Francisco                                                                 Page 6 of 9



          has supplemented this withdevelopment of luxury housing, a commercial office
          space and amenities.Performance venues such as Bill Graham Civic Auditorium

          and the Orpheumadd to the excitement of this district. Civic Center still remains
          the heart ofSan Francisco as witnessed by the numerous political events, annual

          festivals,and massive parades such as the San Francisco Giants World
          Championshipcelebration. Argenta Page 21


          22. 1125 Market Street | San Francisco, CANOTABLE CENTRAL MARKET
          PROJECTS STATUS/ PROCESS USE UNITS/SIZE DEVELOPER

          COMPLETION1 100-150 Van Office ±600,000 SF to Emerald Fund In
          Planning 1125 MARKET STREET Ness be redeveloped Advisor 101 Hayes

          into residential2 150 Hayes Office ±130,000 SF Academy of Arts In Planning
          11 12 University3 The Argenta Residential 179 apartments Behringer Harvard

          Completed 94 Archstone Fox Residential 443 apartments Archstone In
          Planning 2 Plaza 1 4 105 1455 Market Office +1 million SF Hudson Pacific

          Leased 3 Bank of Properties 8 America Data 6 Center 5 76 1401 Market
          Residential 754 apartments Crescent Heights Under construction7 Mercy

          Housing Residential 136 apartments Mercy Housing Completed Developments
          plus 107 apartments for senior housing8 Market Square Office +1 million SF of

          Shorenstein Twitter 215,000 1355 Market office space to Properties One King’s
          Lane be redeveloped 50,000 CallSocket 32,0009 1275 Market Office 346,202

          SF Divcowest/TMG In planning Partners10 55 9th Street Residential 260
          apartments Avalon Bay Construction11 The SoMa Residential 246 condos AIG

          Capital Completed Grand TMG Partners12 Trinity Plaza Residential 1,900
          Trinity Properties Building 1 completed apartments Building 2 under

          construction Page 22


          23. 1125 Market Street | San Francisco, CAMarket Overview Page 23


          24. 1125 Market Street | San Francisco, CAMarket OverviewAPARTMENT

          MARKET SNAPSHOT professional and business services and other
          technology companies was gobbling up apartments on site.• Overall San

          Francisco Vacancy Rate: 4% “We’re seeing a new demographic entering the
          housing – Generation Y”,• Vacancy Rate in Comparable New Projects: 1%

          according to Sarah Bridge of RealFacts. “Their preference is to live in the•
          Average Rent in Comparable Projects: $4.18 PSF heart of vital, thriving

          community like San Francisco. They want to be where the action is, and they
          don’t mind being in a small studio apartment as long as• Rent Growth in Past 12

          Months: 10% it’s well located.”The San Francisco Apartment Market The San
          Francisco apartment market is the strongest in California, it has always been a

          city of renters as only about a third it residents are homeownersOver the past
          several years, San Francisco has continued to outperform other which is about

          half the national ownership rate.major multifamily markets in the United States
          and is positioned to continuethis performance due to strong fundamentals in the

          marketplace. Thereputable multifamily market in San Francisco has benefited
          from populationand job growth, stable income and strict land use controls

          hindering newdevelopment, and lack of home ownership affordability in key
          districts andlocations.Supply and DemandBeginning in 2010, San Francisco

          witnessed a turnaround from the deepnational recession where 1,391 units of
          net absorption were realized. Thevibrant local economy was responsible for

          driving demand for apartments,a new wave of tech workers hired by rapidly
          growing social media, gaming, Page 24


          25. 1125 Market Street | San Francisco, CAVacancy and Rents Q4 2011 vs. Q4
          2010 Change in Rental Rates• Average apartment rental rates in San Francisco

          increased by 15.6% • Studio: 18.8% during the fourth quarter of 2011 compared
          to the same quarter one year • 1 Bedroom / 1 Bath: 17.2% ago, marking the

          fourth consecutive quarter of positive rental growth. • 2 Bedroom / 1 Bath:
          15.1%• The vacancy rate for San Francisco apartments remained low at 3.7%

          during the fourth quarter of 2011. • 2 Bedroom / 2 Bath: 17.6%• Studio




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                          12/20/2012
1125 Market St, San Francisco                                                              Page 7 of 9



          apartment rents continued to outperform the market as a whole, • 3 Bedroom / 2
          Bath: -0.4% posting an increase of 18.8% during the fourth quarter compared to

          the same quarter one year ago. • All Unit Types: 15.6% $3,000 12% $2,500
          10%Average Rental Rate $2,000 8% Vacancy Rate $1,500 6% $1,000 4%

          Average Rental Rate: $2,590 $500 2% Vacancy Rate: 3.7% $0 0% Q4 Q1 Q2
          Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2006 2007

          2007 2007 2007 2008 2008 2008 2008 2009 2009 2009 2009 2010 2010 2010
          2010 2011 2011 2011 2011 Page 25


          26. 1125 Market Street | San Francisco, CARENTAL MARKET
          COMPARABLES 2000 Broadway ARGENTA 1 Polk Street No. of Units 220

          No. of Units 179 Year Built 1974 Year Built 2008 Unit Mix SF Rental Rate
          $/SF Unit Mix SF Rental Rate $/SF Studio 500 $2,349-$3,024 $5.15 1BR/1BA,

          609-1,374 $$2,712-$4,400 $3.93 Jr. 1 600 $2,649-$3,129 $4.68 2BR/2BA
          2BR/2BA 1,100 $4,244-$4,644 $3.98 Averages 799 $3,140 $3.93 Averages 613

          $2,894 $4.72 2000 Post Street Avalon at Mission Bay North No. of Units 304
          No. of Units 823 Year Built 1986 Year Built 2002 and 2009 Unit Mix SF

          Rental Rate $/SF Unit Mix SF Rental Rate $/SF Studio 500 $1,998 $4.00
          Studio 572 $2,405-$2,830 $4.45 1BR/1BA 630 $2,660 $4.22 1BR/1BA 814

          $2,645-$3,375 $3.55 2BR/2BA* 930 $3,409 $3.67 1BR TH 967 $2,805 $2.90
          Averages 625 $2,491 $3.98 2BR/2BA 1,234 $3,985-$5,065 $3.52 * The rental

          rate for 2BR/2BA units shown above is out of date since there 2BR TH 1,431-
          1,528 $3,080-$3,255 $2.14 has not been a 2BR/2BA unit available recently. If

          one becomes available, 3BR/2BA 1,380 $4,450 $3.22 asking rent is likely to be
          approximately $3,800 per month ($4.09/SF) or Averages 613 $2,894 $3.62

          higher. Page 26


          27. 1125 Market Street | San Francisco, CARENTAL MARKET

          COMPARABLES Geary Courtyard - 639 Geary No. of Units 164 Year Built
          1990 Unit Mix SF Rental Rate $/SF Studio 485 $2,040-$2,205 $4.32 1BR/1BA

          690 $2,640-$2,655 $3.83 Averages 648 $2,534 $3.91 The Paramount - 680
          Mission Street No. of Units 486 Year Built 2001 Unit Mix SF Rental Rate $/SF

          Studio 500 $2,500-$2,900 $5.27 1BR/1BA 700 $3,000-$3,895 $4.71 2BR/2BA
          1,100 $4,000-$7,000 $5.00 Averages 705 $3,393 $4.81 Page 27


          28. 1125 Market Street | San Francisco, CADOWNTOWN SAN FRANCISCO

          RESIDENTIAL PIPELINE ESTIMATED DEVELOPMENT
          DEVELOPER/OWNER # UNITS TYPE SUBMARKET COMPLETION

          UNDER CONSTRUCTION 1844 Market Street MacFarlane Partners 113
          Rental 2012 Hayes Valley Potrero Launch - 2235 3rd Street Martin Building

          Company 196 Rental 2012 Central Waterfront Madrone - 435 China Basin Way
          Bosa Development 329 Condo 2012 Mission Bay 10th & Market Site Crescent

          Heights 754 Rental 2013 Mid-Market Trinity Plaza - Phase II Trinity Properties
          440 Rental 2013 Mid-Market TOTAL 1,832 FUTURE APPROVED

          PROJECTS 401 Grove Street Pocket Development 61 Rental TBD Hayes
          Valley 1450 Franklin Street Pacific Heights Franklin Partners 69 Condo TBD

          Lower Pacific Heights 277 Golden Gate Avenue PANCO Development 88
          Rental TBD Mid-Market 1390 Market Street - Fox Plaza Presidio Development

          Partners 230 Condo TBD Mid-Market 55 9th Street Avalon Bay 260 Rental
          TBD Mid-Market Trinity Plaza Phase III Trinity Properties 1,020 Rental TBD

          Mid-Market Block 3 West - Mission Bay Urban Housing Group 147 Rental
          TBD Mission Bay Block 11 - Mission Bay BRE Properties 171 Condo TBD

          Mission Bay Block 5 - Mission Bay BRE Properties 198 Condo TBD Mission
          Bay Block 12 East - Mission Bay Bosa Development 273 Condo TBD Mission

          Bay Page 28


          29. 1125 Market Street | San Francisco, CAFUTURE APPROVED PROJECTS

          (CONTINUED)Block 2 - Mission Bay United Dominion Realty 315 Rental
          TBD Mission Bay1960-1998 Market Street Brian Spiers 115 Condo TBD

          Mission Dolores1800 Van Ness Avenue Oyster Development 62 Condo TBD




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                       12/20/2012
1125 Market St, San Francisco                                                                  Page 8 of 9



                 Nob HillOne Rincon Hill - Phase II Urban West Associates 312 Condo TBD
                 Rincon Hill340-360 Fremont Street Archstone 384 Condo TBD Rincon Hill375

                 -399 Fremont Street Fifield Companies 432 TBD TBD Rincon HillThe Infinity
                 - Phase II Tishman Speyer 806 Condo TBD Rincon Hill45 Lansing Street

                 Crescent Heights 330 Condo TBD Rincon Hill325 Fremont Street 325 Fremont
                 St, LLC 70 Condo TBD Rincon Hill430 Main Street Portland-Pacific, LLC 113

                 Rental TBD Rincon Hill900 Folsom Street Avant Housing 300 Condo TBD
                 SOMA240-260 5th Street Avant Housing 150 Condo TBD SOMA178

                 Townsend Street Martin Building Company 94 Rental 2012 South Beach1285
                 Sutter Street Gerding Edlen 107 Rental TBD Van Ness/Civic CenterTOTAL

                 6,107 Page B


                 30. 1125 Market Street | San Francisco, CALAND SALES SALE PRICE

                 PROPOSED SITE SALE DATE SELLER BUYER $/UNIT (APPROX.)
                 UNITS 1 Block 11 Mission Bay Apr-11 Farallon Capital Management BRE

                 Properties $19.2 M 171 $112,281 2 Block 12E Mission Bay Apr-11 Farallon
                 Capital Management BOSA $30 M 273 $109,890 3 Block 5 Mission Bay Apr-

                 11 BOSA BRE Properties $22.2 M 198 $112,121 4 1285 Sutter St. Nov-10
                 Rockpoint Capital Gerding Edlen $9.15 M 106 $86,321 5 Block 2 Mission Bay

                 Sep-10 Farallon Capital Management United Dominion Realty $23.6 M 315
                 $74,921 6 Block 3W Mission Bay Nov-10 Farallon Capital Management Urban

                 Housing Group $11.8 M 147 $80,000 7 400 Grove St., Parcel H Nov-10 City of
                 San Francisco DM Development $3.012 M 31 $97,177 8 450 Hayes St., Parcel

                 J Nov-10 City of San Francisco DM Development $5.025 M 50 $100,500 9 401
                 Grove St. Sep-10 Cathay Bank Pocket Development $4.4 M 61 $72,131 10 325

                 Fremont St. Dec-11 - Crescent Heights $4.75 M 70 $67,857 11 399 Fremont St.
                 Jan-12 - - $33.75 M 450 $75,000 12 101 Hayes (unentitled) Dec-11 Rescalvo

                 Trust Emerald Fund/NREA $3.8 M Est. 65 $58,846 13 1415 Mission St. In
                 contract R&K Investments Not disclosed $8.5 M 117 $73,000 TOTAL

                 AVERAGE $86,157 Page 30


                 31. 1125 MarketStreetSan Francisco, CAPRESENTED David Wientjes Clayton

                 JewBY 415.229.8969 415.229.8920 davidw@kiddermathews.com
                 cjew@kiddermathews.com LIC #00869637 LIC #00834308




                          Search

   •   Connect on LinkedIn
   •   Follow us on Twitter
   •   Find us on Facebook
   •   Find us on Google+

   •   Learn About Us
   •   About
   •   Careers
   •   Our Blog
   •   Press
   •   Contact us
   •   Help & Support

   •   Using SlideShare
   •   SlideShare 101
   •   Terms of Use
   •   Privacy Policy
   •   Copyright & DMCA
   •   Community Guidelines
   •   SlideShare on mobile

   •   Pro & more
   •   Go PRO New
   •   Business Solutions
   •   Advertise on SlideShare

   •   Developers & API
   •   Developers Section
   •   Developers Group
   •   Engineering Blog




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                           12/20/2012
1125 Market St, San Francisco                                                                        Page 9 of 9



     • Blog Widgets

© 2012 SlideShare Inc. All rights reserved.

RSS Feed

     • ENGLISH
         ◦ English
         ◦ Français
         ◦ Deutsch




                                                                        1125 Ma rke t S tre e t | San Francis co



                                              Project Des cription
                                              122 UNIT DENS ITY STUDY




«‹›»
10                      /31




http://www.slideshare.net/carminabacani/1125-market-st-san-francisco                                 12/20/2012

More Related Content

Featured

Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at WorkGetSmarter
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...DevGAMM Conference
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationErica Santiago
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellSaba Software
 
Introduction to C Programming Language
Introduction to C Programming LanguageIntroduction to C Programming Language
Introduction to C Programming LanguageSimplilearn
 
The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...
The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...
The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...Palo Alto Software
 

Featured (20)

Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 
12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work12 Ways to Increase Your Influence at Work
12 Ways to Increase Your Influence at Work
 
ChatGPT webinar slides
ChatGPT webinar slidesChatGPT webinar slides
ChatGPT webinar slides
 
More than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike RoutesMore than Just Lines on a Map: Best Practices for U.S Bike Routes
More than Just Lines on a Map: Best Practices for U.S Bike Routes
 
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
 
Barbie - Brand Strategy Presentation
Barbie - Brand Strategy PresentationBarbie - Brand Strategy Presentation
Barbie - Brand Strategy Presentation
 
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them wellGood Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
 
Introduction to C Programming Language
Introduction to C Programming LanguageIntroduction to C Programming Language
Introduction to C Programming Language
 
The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...
The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...
The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...
 

1125 market st.

  • 1. 1125 Market St, San Francisco Page 1 of 9 SlideShare Search… • Upload • Browse • Go Pro • 00 • Email Favorite Save file Flag Embed Related More EN TRIPS Existing Conditions Jun 0 2010 1125 Ma rke t Stre e t | San Francis co, CA 843 views Like Where To Live, How To Get There 1 695 views Contents 1. Exe c u tive Su m m a ry • Offe ring Ove rvie w • P rojec t Des cription 575 4th street1 • Inves tme nt Highlights 76 views • Loca tion Map 2. P roje c t De s c rip tio n • Ass umptions • S ite P lan 65-67 Ramona Street 3. De ns ity Ana lys is 143 views 4. Loc a tio n • S an Fra ncis co Area • Notable Mid Market Projec ts 5. Ma rke t Ove rvie w New York City Neighborhoods • Apartment Marke t S naps hot 145 views • Downtown Sa n Franc isc o Re side ntial Pipe line • Entitled Projec ts Broadway Tod Report 1 Precedents Th is in fo rm a tio n s u p p lie d h e re in is fro m s o u rc e s w e d e e m re lia b le . It is p ro vid e d with o u t a n y re p re s e n ta t io n , wa rra n t y o r g u a ra n te e , Pa g e 4 e xp re s s e d o r im p lie d a s t o its a c c u ra c y. P ro s p e c tive Bu ye r o r Te n a n t s h o u ld c o n d u c t a n in d e p e n d e n t in ve s tig a tio n a n d ve rific a tio n o f a ll m a tt e rs d e e m e d to b e m a te ria l, in c lu d in g , b u t n o t lim it e d to , s ta te m e n t s o f in c o m e a n d e xp e n s e s . C o n s u lt yo u r a tt o rn e y, 1455 views a c c o u n t a n t, o r o t h e r p ro fe s s io n a l a d vis o r. «‹›» 4 /31 01.ENTRIPS 207 views Chip's Scavenger Hunt Powerpoint 146 views 04.ENTRIPS 79 views No comments yet Cutsheet Drafts 1 514 views Affordable Housing MoHUPA & Dept. of Housing, SPA Delhi 3089 views Downtown Austin Development 2007 8434 views 1125 Market St, San Francisco Presentation Transcript Soma Q209 Office Report 1548 views 1. 1125 Market1125 MARKET STREET Street San Francisco, CA Ma rke tS t Confidential Offering Memorandum St h 8t PRESENTED David Wientjes Clayton Jew BY 415.229.8969 415.229.8920 davidw@kiddermathews.com Final June Maincor 833 views cjew@kiddermathews.com LIC #00869637 LIC #00834308 2. t St rke Ma1125 MARKET STREET ter St McAllis Golden Gate Ave 02.ENTRIPS 90 views 3. NORTH BEACH CHINATOWN NOB HILL FINANCIAL DISTRICT UNION SQUARE CIVIC CENTER 1125 MARKET STREETHAYESVALLEY San Francisco Highlights Q1 2012 Tom Poser 35 views http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 2. 1125 Market St, San Francisco Page 2 of 9 4. 1125 Market Street | San Francisco, CAContents1. Executive Summary • Civic masterplan sector1-small Offering Overview • Project Description • Investment Highlights • Location 847 views Map2. Project Description • Assumptions • Site Plan3. Density Analysis4. Location • San Francisco Area • Notable Mid Market Projects5. Market TCG Housing Recovery Forecast Overview • Apartment Market Snapshot • Downtown San Francisco Residential 2366 views Pipeline • Entitled ProjectsThis information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or The Concord Group's Housing guarantee,expressed or implied as to its accuracy. Prospective Buyer or Tenant Recovery Forecast 4285 views should conduct an independent investigation and verification Page 4of all matters deemed to be material, including, but not limited to, statements of Redevelopment Commission Projects income and expenses. Consult your attorney,accountant, or other professional Book 737 views advisor. 5. 1125 Market Street | San Francisco, CAExecutive Summary Page 5 Autodesk Facility Coordinator 6. 1125 Market Street | San Francisco, CAExecutive SummaryOFFERING OVERVIEW1125 Market Street represents a unique opportunity to acquire a Overcome the 5 Pitfalls of Subleases residentialdevelopment project in the heart of the Mid Market and Civic Center/Van NessCorridor districts of San Francisco. The property benefits from its proximity toall that San Francisco has to offer with major freeway and mass Mlnarik for BBQ transit accesspoints to North Bay and the Peninsula.Price1125 Market Street is being offered without an asking price.Offering ProcessAll Offers should be delivered to the offices of the Advisor, Kidder Mathews,attention David Wakefield Building - 426 17th St. Wientjes or Clayton Jew, by fax at 415-229-8987 or e-mailat Oakland davidw@kiddermathews or cjew@kiddermathews.com. We request thatinterested parties submit a formal Letter of Intent (“LOI”) on the Offer Social Media Luncheon for the Dateoutlining their company background along with the salient terms by AEC/Commercial Real Estate Industries whichthey intend to purchase the Property, including purchase price, deposits, duediligence period, and closing period. Page 6 ACP - San Francisco Transbay Terminal Presentation 7. 1125 Market Street | San Francisco, CAPROJECT DESCRIPTION • Approved payroll tax incentives on new jobs, luring employers to immediate area• Established and highly desirable location • Lack of developable land and 98 Franklin St. aerial view strict land use controls hindering new• Outstanding demographics developmentINVESTMENT HIGHLIGHTS • In proximity to a number of colleges including the Academy of Art University, California Art Institute, Human Factors/Ergonomics in the Workplace Hastings College, and Dugoni School of• 2 blocks from Market Square, headquarters for Twitter Dentistry• Existing 12,401 square foot site (no demolition required)• Within the emerging Central Market Corridor, home of Rock Wall Winery Tour Twitter and notable residential projects such as Crescent Heights, Avalon Bay and Trinity Plaza• Immediately adjacent to the Strand Theater recently purchased by ACT theater• Located next to Hayes Valley - noted for Renior Hotel_ SF Biz Times outstanding urban living, world class restaurants and nightlife, urban agriculture and community ethic• Bordering Civic Center and Van Ness Corridor, the cultural heart of San Francisco• BART and Muni entry in front of property• Become an IFMA ENERGY Economic recovery in full swing 1355 Market Street | Home of Twitter and STAR®! Yammer• Easy access to 101 and 280 freeways Page 7 Cal Ergonomics Project Win - UC 8. 1125 Market Street | San Francisco, CALOCATION MAP CA Art Berkeley Residential Development Proposed SF PUC 50 UN Institute California PUC Headquarters Asian Plaza (Federal) 1 1 1 Polk - The Argenta r S tr e e t Art BOC Oakland Employer Panelist Museum 1125 MARKET STREET 179 Units M c A ll is te 2 10th & Market - Call Crescent Heights ACT Civic Theatre 2 750 Units ld l B era Center Plaza 16,000 SF retail g Herbst ce d ffi Fe Theater (845 Parking O w SF Spaces) 3 Trinity Accounting Clerk Position at Santa Developments e N City Hall SF Main Public Library 1,900 Units 60,000 SF Clara Law Firm retail t ree 7 3 4 1390 Market - Fox Plaza li n S t War Memorial Opera House S tr e e t 3 230 Units G ro v e ue 5 77 Van Ness Frank Bill Graham Aven Civic 4 Infuse Marketing Work 48 Units 8t Auditorium 1275 Market h Divco West 6 55 Page Street - The Recommendations Hayes S Davies ess tr Symphony 128 Units ee Hall t Va n N Academy 7 SoMa Grand of Art 4 5 University et 8 246 Units S tr e e t e Hayes Emerald tr 9t 8 55 http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 3. 1125 Market St, San Francisco Page 3 of 9 9th Street - Avalon Bay S Fund 1 et h S 6 260 Units Development k 400+ Units ACP Holiday Mixer ar tr ee M Market Square t (Twitter) eet F e ll S tr 5 1.1M SF 7 2 8 on San Francisco 1455 Market Conservatory i ss of Music Hudson Pacific i tr e e t M Santa Clara Chamber Oak S 11 th City of SF S Muni tr Headquarters ee t tr e e t Page S 6 Page 8 Newsletter_Nov Issue 9. 1125 Market Street | San Francisco, CAProject Description Page 9 Hoteling, Real Estate & the 10. 1125 Market Street | San Francisco, CAProject Description122 UNIT Evolution of Facilities DENSITY STUDY Page 10 11. 1125 Market Street | San Francisco, CAASSUMPTIONSMunicipal Address October 2011 IFMA Foundation Newsletter 1125 Market Street, San Francisco, CA (Northside, between 7th and 8th Streets) Zoning (Market Octavia Area Plan) C3G (Downtown General Commercial District)Parcel Number Block 3702 - Lot 047Height and Bulk Limit 120-X (No Product Manager Energy Performance Bulk)Dwelling Unit Density 1 dwelling unit for each 125 SF of lot area is a permitted use. A greater density, limited by the discretion of the Planning Commission, is a conditional use. A greater density, limited by the discretion of the Planning Commission, is a conditional use.FAR 6.0 to 1 (without TDR’s), 9.0 to 1 (with TDR’s)Maximum FAR 1.5 x basic FAR = 1.5 x 6.0 = 9.0 The gross area of the lot in the C-3-R, C-3-S % C-3-G Distircits may not exceed a floor area that is 1 1/2 times the basic area limit for the district. Therefore it may only reach a maximum of 9.0 to 1.Parking Off-Street Parking: Residential - Not required in any C-3 district, Non-Residential - Not required in any C-3 district Maximum Parking Allowed: Permitted up to one car for each four dwelling units; up to 0.75 cars for each dwelling unit, subject to the criteria and procedures of Section 151.1(f); not permitted above 0.75 cars for each dwelling unit. Bicycle Parking: For projects up to 50 dwelling units, one Class 1 space for every 2 dwelling units. For projects over 50 dwelling units, 25 Class 1 spaces plus one Class 1 space for every 4 dwelling units over 50.Site Size (Per Realquest) 165 feet x 75.167 feet = 12,402.56Allowable Conditional Uses Residential, Retail, Entertainment, WholesaleHighest and Best Use Residential Apartments/CondosStreet Frontage Market Street - 75.167’ Page 11 12. 1125 Market Street | San Francisco, CASITE PLAN1125 Market Street is located on the block bounded by 7th and 8th Streets and Stevenson Street. The Property is located and referred to by Assesor’s Numbers3207-047. The site is a rectangular shape containing ±12,401 square feet (.28 acres) of land. Page 12 13. 1125 Market Street | San Francisco, CADensity Analysis Page 13 14. 1125 Market Street | San Francisco, CADensity Analysis1125 MARKET STREETSan Francisco, CAAstoria Properties LLCHeller Manus ArchitectsMarch 27, 2012AREA SUMMARY PARKING OPEN SPACE UNIT MIX Resid. Unit Resid. Unit Resid. Residential Residential Level NSF GSF Common GSF Retail GSF Parking GSF Mech. GSF Total GSF Parking Stalls Bicycle Stalls Common Private Retail JR 1 BR 1 BR 2 BR # Units Level R 560 560 5,856 R 12 6,830 10,045 10,045 7 3 1 11 12 11 6,830 10,045 10,045 7 3 1 11 11 10 6,830 10,045 10,045 7 3 1 11 10 9 6,830 10,045 10,045 7 3 1 11 9 8 6,830 10,045 10,045 7 3 1 11 8 7 6,830 10,045 10,045 7 3 1 11 7 6 6,830 10,045 10,045 7 3 1 11 6 5 6,830 10,045 10,045 7 3 1 11 5 4 6,830 10,045 10,045 7 3 1 11 4 3 6,830 10,045 10,045 7 3 1 11 3 2 6,790 10,045 10,045 10 2 0 12 2 1 3,500 8,365 11,865 1 B 11,940 11,940 19 43 BTOTAL 75,090 110,495 3,500 8,365 11,940 560 134,860 19 43 5,856 0 0 80 32 10 122 UNIT TYPES JR 1 BR 1 BR 2 BR Total UNIT RATIOS 65.6% 26.2% 8.2% 100.0%FAR CALCULATIONS: OPEN SPACE CALCULATIONS:Building GFA = 110,495 GFA (excludes retail, parking and mech. penthouse) Residential:Site Area = 12,401 SF Total Units = 122 unitsFAR = 8.91 Common Open Space Required = 122 units x 48 sf =5,856 sf Common Open Space Provided = 5,856 sfTDR CALCULATIONS: Retail:Base FAR = 6 Open Space Required = 8,365 sf / 50 = 168 sfBase FAR + TDR = 8.91 Open Space Provided = 0 sfTDRs Required = 36,089 SF (This is assumed being covered by paying an in-lieu http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 4. 1125 Market St, San Francisco Page 4 of 9 open space fee)Assumptions:1. Residential Unit NSF areas are taken from paint -to-paint within each of the units.2. The rear yard (sec. 134) and dwelling unit facing an open area (sec. 140) requirements will require asking for exceptions to the Planning Code. Page 14 15. 1125 Market Street | San Francisco, CALocation Page 15 16. 1125 Market Street | San Francisco, CALocationSAN FRANCISCO AREA or Western Addition rrid Fillmore Co Financial ss Union Ne Square District Civic Van Hayes Center Valley Yerba Octavia/ Buena Market 1125 MARKET STREET SoMa Castro Mission Page 16 17. 1125 Market Street | San Francisco, CAThe vibrant and dynamic San Francisco Bay Area is equidistant to Europeand Asia, making it a strategic location for global businesses and one ofthe leading centers for international commerce. The city of San Francisco issituated on a 46.6 square mile peninsula bordered by the Pacific Ocean to thewest, Marin county to the north, and San Francisco Bay’s vast deep-waterharbors to the east. The Bay Area’s long standing cultural and commercialties with Asia provide a unique competitive advantage for sustaining SanFrancisco’s status as the gateway to the Pacific Rim.San Francisco is the commercial center of the nine-county Bay Area regionand is the 24th largest economic market in the world. With over seven millionresidents, the San Francisco Bay Area is the 5th largest metropolitan area inthe United States and world famous for its scenic beauty, 24-hour “live/work/play” environment and unparalleled amenity base downtown.Forbes magazine indicates that San Francisco and the Bay Area remainamong the top areas in the country for growth in jobs, income and output. boasts great diversity, with substantial financial services, professionalBecause of these and other factors, San Francisco emerged from the services, technology, real estate, entertainment, consumer goods, advertising,recession of the early 1990’s and 2008 as one of the most dynamic and biotechnology, tourism, education and engineering sectors. San Franciscodesirable places to visit, live and work in the world. It is not surprising that boasts one of the most highly educated and diverse work forces in the worldPrice Waterhouse Cooper’ “Emerging Trends in Real Estate,” a survey of over and the San Francisco Bay Area owes much of its economic success to its150 investors, owners and other experts in the U.S. has repeatedly named extraordinary human capital.San Francisco as one of the most desirable targets for investment. Hometo nearly 800,000 residents (projected to grow to 957,000 residents by the Local companies have access to a large pool of creative, motivated, andyear 2035), San Francisco is the Bay Area’s most densely populated city with highly educated candidates: 42 percent are college graduates and 78 percentnumerous major publicly traded and private companies and is among the have high school diplomas. The depth and quality of the labor pool are duemost popular cities in the world to live, work and visit. The City’s economy Page 17 18. 1125 Market Street | San Francisco, CAin part to the fine colleges and universities located in the region, including the • Firms such as Apple, Oracle, Cisco and Intel make the San Francisco Bayworld-class University of California at Berkeley, the University of California Area the nation’s leading producer of computer hardware and software. Inat San Francisco and Stanford University. The work force earns a per capita addition, leading internet companies including Google, eBay and Yahoo!income 12 percent higher than the statewide average and 37 percent higher maintain their headquarters in the Bay Area.than the national average. Recognizing local academic talent, Bay Area • Leading Bay Area universities such as UCSF, UC Berkeley and Stanforduniversities receive many corporate research grants , which typically flow to are attracting to the Bay Area the world’s greatest concentrationstop-tier universities. Ten Bay Area universities invest a combined $650 million of biotechnology and life science companies. The majority of theseannually on bioscience research alone. http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 5. 1125 Market St, San Francisco Page 5 of 9 companies are located along the San Francisco Peninsula, from Mission• The Wall Street Journal declared San Francisco as the number one Bay in San Francisco to San Jose. desired location for recent graduates from the nation’s top business schools.• In San Francisco, job growth averages 10,000 new jobs a year with unemployment well below the state and national figures.Economic Highlights• The Bay Area has long been recognized as one of the most important innovative and rapidly growing high-technology sectors such as computer and biotechnology, unparalleled access to capital markets including the most active venture capital market in the world.• Twenty-eight Fortune 500 and fifty-three Fortune 1,000 firms have their corporate headquarters in the Bay Area. Major international corporations, banks, financial services companies and venture capital firms are located in the region that collectively provides the necessary capital to fund the region’s economic strength. Page 18 19. 1125 Market Street | San Francisco, CASan Francisco Premier Tourist DestinationSan Francisco is consistently viewed as one of the world’s premier touristdestinations and receives over 17 million visitors a year. Visitor and conventionspending generates over $8.5 billion annually. The Moscone Center andMoscone Center West host conventions throughout the year drawing in peoplefrom around the globe. About 60 percent of San Francisco’s visitors attendconventions.The San Francisco lodging market has performed exceptionally well inthe past twelve months, and according to Smith Travel Research, the SanFrancisco-San Mateo lodging market ranked third among the top 25 marketsnationwide in overall market RevPAR only behind New York and Honolulu.Comprised of a total of approximately 51,900 guestrooms in 398 properties,the San Francisco area’s numerous tourist attractions, expansive meeting andconvention facilities, and a diverse economy makes the region one of the toplodging destinations in the country. Moscone Center Page 19 20. 1125 Market Street | San Francisco, CALocation Overview1125 Market Street is located within the Mid Market District and borders theVan Ness/Civic center neighborhood in the center of the city, where MarketStreet and Van Ness Avenue intersect. It is also in proximity to Hayes Valley,SoMa, San Francisco’s downtown area, Union Square and Moscone Center.The Renaissance of Central MarketCentral Market, an area bounded by Van Ness Avenue, is undergoing anextraordinary renaissance due to it’s proximity to a vital transportation corridoralong Market Street, the increased demand for housing and commercial officespace due to the technology boom and the city of San Francisco’s focus to Trinity Plazarevitalize Central Market Street.The San Francisco Board of Supervisors passed a payroll tax exemption inApril 2011 which provides a six- year tax break for new employees hired atcompanies that move to an office location in the Central Market corridor.The tax break has attracted the world headquarter offices of Twitter to lease215,000 square feet at Shorenstein’s 1 million square feet at 10th and MarketStreets. Other growing technology and creative companies are following suchas Zoosk, Yammer, ZenDesk, Burning Man, CallSocket and One King’s Lane.The revitalization of Central Market are motivating major institutional investorsto invest substantial capital into existing buildings such as Hudson Pacific,Shorenstein, Behringer Harvard, and TMG/Divcowest. Crescent Heights Avalon BayMajor residential projects are either in construction or breaking groundincluding Trinity Plaza, Crescent Heights and Avalon Bay. Page 20 21. 1125 Market Street | San Francisco, CACivic Center1125 Market Street is located in proximity to the Civic Center neighborhoodwhich contains many of the City’s largest government and cultural institutions.The area has a total of 6.5 million square feet of office space. Civic Centercomplex is seen as the cultural heart of San Francisco and the City hasinvested heavily in the area over the recent years including a new SymphonyHall, a renovated Opera House, a new Asian Arts Museum, a new libraryand a renovated City Hall. The private sector http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 6. 1125 Market St, San Francisco Page 6 of 9 has supplemented this withdevelopment of luxury housing, a commercial office space and amenities.Performance venues such as Bill Graham Civic Auditorium and the Orpheumadd to the excitement of this district. Civic Center still remains the heart ofSan Francisco as witnessed by the numerous political events, annual festivals,and massive parades such as the San Francisco Giants World Championshipcelebration. Argenta Page 21 22. 1125 Market Street | San Francisco, CANOTABLE CENTRAL MARKET PROJECTS STATUS/ PROCESS USE UNITS/SIZE DEVELOPER COMPLETION1 100-150 Van Office ±600,000 SF to Emerald Fund In Planning 1125 MARKET STREET Ness be redeveloped Advisor 101 Hayes into residential2 150 Hayes Office ±130,000 SF Academy of Arts In Planning 11 12 University3 The Argenta Residential 179 apartments Behringer Harvard Completed 94 Archstone Fox Residential 443 apartments Archstone In Planning 2 Plaza 1 4 105 1455 Market Office +1 million SF Hudson Pacific Leased 3 Bank of Properties 8 America Data 6 Center 5 76 1401 Market Residential 754 apartments Crescent Heights Under construction7 Mercy Housing Residential 136 apartments Mercy Housing Completed Developments plus 107 apartments for senior housing8 Market Square Office +1 million SF of Shorenstein Twitter 215,000 1355 Market office space to Properties One King’s Lane be redeveloped 50,000 CallSocket 32,0009 1275 Market Office 346,202 SF Divcowest/TMG In planning Partners10 55 9th Street Residential 260 apartments Avalon Bay Construction11 The SoMa Residential 246 condos AIG Capital Completed Grand TMG Partners12 Trinity Plaza Residential 1,900 Trinity Properties Building 1 completed apartments Building 2 under construction Page 22 23. 1125 Market Street | San Francisco, CAMarket Overview Page 23 24. 1125 Market Street | San Francisco, CAMarket OverviewAPARTMENT MARKET SNAPSHOT professional and business services and other technology companies was gobbling up apartments on site.• Overall San Francisco Vacancy Rate: 4% “We’re seeing a new demographic entering the housing – Generation Y”,• Vacancy Rate in Comparable New Projects: 1% according to Sarah Bridge of RealFacts. “Their preference is to live in the• Average Rent in Comparable Projects: $4.18 PSF heart of vital, thriving community like San Francisco. They want to be where the action is, and they don’t mind being in a small studio apartment as long as• Rent Growth in Past 12 Months: 10% it’s well located.”The San Francisco Apartment Market The San Francisco apartment market is the strongest in California, it has always been a city of renters as only about a third it residents are homeownersOver the past several years, San Francisco has continued to outperform other which is about half the national ownership rate.major multifamily markets in the United States and is positioned to continuethis performance due to strong fundamentals in the marketplace. Thereputable multifamily market in San Francisco has benefited from populationand job growth, stable income and strict land use controls hindering newdevelopment, and lack of home ownership affordability in key districts andlocations.Supply and DemandBeginning in 2010, San Francisco witnessed a turnaround from the deepnational recession where 1,391 units of net absorption were realized. Thevibrant local economy was responsible for driving demand for apartments,a new wave of tech workers hired by rapidly growing social media, gaming, Page 24 25. 1125 Market Street | San Francisco, CAVacancy and Rents Q4 2011 vs. Q4 2010 Change in Rental Rates• Average apartment rental rates in San Francisco increased by 15.6% • Studio: 18.8% during the fourth quarter of 2011 compared to the same quarter one year • 1 Bedroom / 1 Bath: 17.2% ago, marking the fourth consecutive quarter of positive rental growth. • 2 Bedroom / 1 Bath: 15.1%• The vacancy rate for San Francisco apartments remained low at 3.7% during the fourth quarter of 2011. • 2 Bedroom / 2 Bath: 17.6%• Studio http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 7. 1125 Market St, San Francisco Page 7 of 9 apartment rents continued to outperform the market as a whole, • 3 Bedroom / 2 Bath: -0.4% posting an increase of 18.8% during the fourth quarter compared to the same quarter one year ago. • All Unit Types: 15.6% $3,000 12% $2,500 10%Average Rental Rate $2,000 8% Vacancy Rate $1,500 6% $1,000 4% Average Rental Rate: $2,590 $500 2% Vacancy Rate: 3.7% $0 0% Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2006 2007 2007 2007 2007 2008 2008 2008 2008 2009 2009 2009 2009 2010 2010 2010 2010 2011 2011 2011 2011 Page 25 26. 1125 Market Street | San Francisco, CARENTAL MARKET COMPARABLES 2000 Broadway ARGENTA 1 Polk Street No. of Units 220 No. of Units 179 Year Built 1974 Year Built 2008 Unit Mix SF Rental Rate $/SF Unit Mix SF Rental Rate $/SF Studio 500 $2,349-$3,024 $5.15 1BR/1BA, 609-1,374 $$2,712-$4,400 $3.93 Jr. 1 600 $2,649-$3,129 $4.68 2BR/2BA 2BR/2BA 1,100 $4,244-$4,644 $3.98 Averages 799 $3,140 $3.93 Averages 613 $2,894 $4.72 2000 Post Street Avalon at Mission Bay North No. of Units 304 No. of Units 823 Year Built 1986 Year Built 2002 and 2009 Unit Mix SF Rental Rate $/SF Unit Mix SF Rental Rate $/SF Studio 500 $1,998 $4.00 Studio 572 $2,405-$2,830 $4.45 1BR/1BA 630 $2,660 $4.22 1BR/1BA 814 $2,645-$3,375 $3.55 2BR/2BA* 930 $3,409 $3.67 1BR TH 967 $2,805 $2.90 Averages 625 $2,491 $3.98 2BR/2BA 1,234 $3,985-$5,065 $3.52 * The rental rate for 2BR/2BA units shown above is out of date since there 2BR TH 1,431- 1,528 $3,080-$3,255 $2.14 has not been a 2BR/2BA unit available recently. If one becomes available, 3BR/2BA 1,380 $4,450 $3.22 asking rent is likely to be approximately $3,800 per month ($4.09/SF) or Averages 613 $2,894 $3.62 higher. Page 26 27. 1125 Market Street | San Francisco, CARENTAL MARKET COMPARABLES Geary Courtyard - 639 Geary No. of Units 164 Year Built 1990 Unit Mix SF Rental Rate $/SF Studio 485 $2,040-$2,205 $4.32 1BR/1BA 690 $2,640-$2,655 $3.83 Averages 648 $2,534 $3.91 The Paramount - 680 Mission Street No. of Units 486 Year Built 2001 Unit Mix SF Rental Rate $/SF Studio 500 $2,500-$2,900 $5.27 1BR/1BA 700 $3,000-$3,895 $4.71 2BR/2BA 1,100 $4,000-$7,000 $5.00 Averages 705 $3,393 $4.81 Page 27 28. 1125 Market Street | San Francisco, CADOWNTOWN SAN FRANCISCO RESIDENTIAL PIPELINE ESTIMATED DEVELOPMENT DEVELOPER/OWNER # UNITS TYPE SUBMARKET COMPLETION UNDER CONSTRUCTION 1844 Market Street MacFarlane Partners 113 Rental 2012 Hayes Valley Potrero Launch - 2235 3rd Street Martin Building Company 196 Rental 2012 Central Waterfront Madrone - 435 China Basin Way Bosa Development 329 Condo 2012 Mission Bay 10th & Market Site Crescent Heights 754 Rental 2013 Mid-Market Trinity Plaza - Phase II Trinity Properties 440 Rental 2013 Mid-Market TOTAL 1,832 FUTURE APPROVED PROJECTS 401 Grove Street Pocket Development 61 Rental TBD Hayes Valley 1450 Franklin Street Pacific Heights Franklin Partners 69 Condo TBD Lower Pacific Heights 277 Golden Gate Avenue PANCO Development 88 Rental TBD Mid-Market 1390 Market Street - Fox Plaza Presidio Development Partners 230 Condo TBD Mid-Market 55 9th Street Avalon Bay 260 Rental TBD Mid-Market Trinity Plaza Phase III Trinity Properties 1,020 Rental TBD Mid-Market Block 3 West - Mission Bay Urban Housing Group 147 Rental TBD Mission Bay Block 11 - Mission Bay BRE Properties 171 Condo TBD Mission Bay Block 5 - Mission Bay BRE Properties 198 Condo TBD Mission Bay Block 12 East - Mission Bay Bosa Development 273 Condo TBD Mission Bay Page 28 29. 1125 Market Street | San Francisco, CAFUTURE APPROVED PROJECTS (CONTINUED)Block 2 - Mission Bay United Dominion Realty 315 Rental TBD Mission Bay1960-1998 Market Street Brian Spiers 115 Condo TBD Mission Dolores1800 Van Ness Avenue Oyster Development 62 Condo TBD http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 8. 1125 Market St, San Francisco Page 8 of 9 Nob HillOne Rincon Hill - Phase II Urban West Associates 312 Condo TBD Rincon Hill340-360 Fremont Street Archstone 384 Condo TBD Rincon Hill375 -399 Fremont Street Fifield Companies 432 TBD TBD Rincon HillThe Infinity - Phase II Tishman Speyer 806 Condo TBD Rincon Hill45 Lansing Street Crescent Heights 330 Condo TBD Rincon Hill325 Fremont Street 325 Fremont St, LLC 70 Condo TBD Rincon Hill430 Main Street Portland-Pacific, LLC 113 Rental TBD Rincon Hill900 Folsom Street Avant Housing 300 Condo TBD SOMA240-260 5th Street Avant Housing 150 Condo TBD SOMA178 Townsend Street Martin Building Company 94 Rental 2012 South Beach1285 Sutter Street Gerding Edlen 107 Rental TBD Van Ness/Civic CenterTOTAL 6,107 Page B 30. 1125 Market Street | San Francisco, CALAND SALES SALE PRICE PROPOSED SITE SALE DATE SELLER BUYER $/UNIT (APPROX.) UNITS 1 Block 11 Mission Bay Apr-11 Farallon Capital Management BRE Properties $19.2 M 171 $112,281 2 Block 12E Mission Bay Apr-11 Farallon Capital Management BOSA $30 M 273 $109,890 3 Block 5 Mission Bay Apr- 11 BOSA BRE Properties $22.2 M 198 $112,121 4 1285 Sutter St. Nov-10 Rockpoint Capital Gerding Edlen $9.15 M 106 $86,321 5 Block 2 Mission Bay Sep-10 Farallon Capital Management United Dominion Realty $23.6 M 315 $74,921 6 Block 3W Mission Bay Nov-10 Farallon Capital Management Urban Housing Group $11.8 M 147 $80,000 7 400 Grove St., Parcel H Nov-10 City of San Francisco DM Development $3.012 M 31 $97,177 8 450 Hayes St., Parcel J Nov-10 City of San Francisco DM Development $5.025 M 50 $100,500 9 401 Grove St. Sep-10 Cathay Bank Pocket Development $4.4 M 61 $72,131 10 325 Fremont St. Dec-11 - Crescent Heights $4.75 M 70 $67,857 11 399 Fremont St. Jan-12 - - $33.75 M 450 $75,000 12 101 Hayes (unentitled) Dec-11 Rescalvo Trust Emerald Fund/NREA $3.8 M Est. 65 $58,846 13 1415 Mission St. In contract R&K Investments Not disclosed $8.5 M 117 $73,000 TOTAL AVERAGE $86,157 Page 30 31. 1125 MarketStreetSan Francisco, CAPRESENTED David Wientjes Clayton JewBY 415.229.8969 415.229.8920 davidw@kiddermathews.com cjew@kiddermathews.com LIC #00869637 LIC #00834308 Search • Connect on LinkedIn • Follow us on Twitter • Find us on Facebook • Find us on Google+ • Learn About Us • About • Careers • Our Blog • Press • Contact us • Help & Support • Using SlideShare • SlideShare 101 • Terms of Use • Privacy Policy • Copyright & DMCA • Community Guidelines • SlideShare on mobile • Pro & more • Go PRO New • Business Solutions • Advertise on SlideShare • Developers & API • Developers Section • Developers Group • Engineering Blog http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012
  • 9. 1125 Market St, San Francisco Page 9 of 9 • Blog Widgets © 2012 SlideShare Inc. All rights reserved. RSS Feed • ENGLISH ◦ English ◦ Français ◦ Deutsch 1125 Ma rke t S tre e t | San Francis co Project Des cription 122 UNIT DENS ITY STUDY «‹›» 10 /31 http://www.slideshare.net/carminabacani/1125-market-st-san-francisco 12/20/2012