parking efficient floor plates corporate neighbors quality ownership

parking efficient floor plates corporate neighbors quality ownership

f ocu s
CA M PUS HIGHLIGHTS
par k ing
5/1,000 RSF LEASED
e ffi ci e n t floor plate s
10,000 SF
35,000 SF
50,000 SF
75,000 SF
SAVINGS VERSUS WARNER CENTER
$70/STALL = $0.35/SF/MO
FAX
H
co r p o rat e n e ig hb o r s
qua li ty owne rshi p
Multi-Employer Property Trust (MEPT)
•$3.8 billion (NAV), open-end core
real estate fund
•Portfolio consists of 140 properties in
24 major US metro markets
•Reinvests in properties
•Pioneer and leader in responsible
property investing
f ocu s
o n Lo ca l Am en i t i es
ON SITE AMENITIES
Rest a u r an t s
1. Baja Fresh
2. Big Mo’s Sandwiches
3. Burger King
4. Cancun Grill
5. Carl’s Jr.
6. Chipotle
7. Coco’s Bakery Restaurant
8. Cold Stone Creamery
9. Del Taco
10 Denny’s
11. Domino’s
12. El Pollo Loco
13. Giuseppe Italian Restaurant
14. In-N-Out Burger
15. KFC
16. McDonald’s
17. Mission Burrito
18. Muddhouse Coffee
19. Panda Express
20. Pearl Island Restaurant
21. Pizza Hut
22. Quizno’s
23. Roscoe’s Restaurant
24. Sid’s Seafood
25. Stonefire Grill
26. Subway
27. Taco Bell
28. Tommy’s
29. Weinerschnitzel
30. Yoshinoya Beef Bowl
S erv ice s / Re t ai l
1. Blockbuster
2. Conroy’s Flowers
3. Costco
4. CVS
5. Fallbrook Retail Center
6. Hollywood Video
7. Home Depot
8. Lakeview Cleaners
9. Lowe’s Home Improvement
10. Old Navy
11. Ralph’s
12. Target
13. Trader Joe’s
14. Valley Circle Retail Plaza
15. Vons
16. Wal-Mart Super Center
17. West Park Medical Plaza
18. West Hills Retail Plaza
19. West Hills Retail Center
F i tn ess C l u bs
1.
2.
3.
4.
24 Hour Fitness
Bally Total Fitness
Curves
YMCA
Ba n k s
1. City National Bank
2. Chase Bank
3. Wells Fargo
A. ON SITE CAFE
• Designed to LEED Gold Standard
• Professionally operated by California
Dining Services
• Four hot food stations, salad bar and
grab-n-go options
• Full service coffee bar
• Banquet/conference facilities and board
room available
• WiFi Access
B. AUDITORIUM
• 144 seats, equipped with projector,
microphone and podium
• Recently refurbished and upgraded
C. GYM
• Approximately 2,000 square feet
• Features men’s and women’s locker room
f ocu s
o n LEASE COSTS
VALUE DRI V EN ECONO M ICS
5 Ye a r L ea se Term
(Approx)
Typical 50 Person Office
Warner Center
11,000 RSF
Floor Plate Efficiencies*
10,000 RSF
$2.50/SF/Mo
FSG Rent**
$2.25/SF/Mo
$250,000
Parking
$0
Total Consideration
$1,400,000
(Assumes 5/1,000 Parking
at $70/Stall/Month)
$2,000,000
* Considers both a more efficient load factor and more
efficient floor plates.
** Includes 3% Annual Escalations
Total Difference
$600,000
$0.62/SF/Mo
43%
f ocu s
o n t h e d est i n at i o n
8531
8511
8521
8501
8407
8413
CAFE
8401
8403
22801
R oscoe
e
u
A ven
Bo
u levard
F allbrook
Parking
Structure
f ocu s
o n d r i v et i m e & f r eeway m a p
Granada Hills
Ronald Reagan
Fwy (118)
±5.25 Miles
SAN FERNANDO MISSION BLVD
Chatsworth
DEVONSHIRE ST
Northridge
PLUMMER ST
PLUMMER ST
Y ME
TROLI
N
K LI N
E
Panorama
City
ROSCOE BLVD
D
ALLEY CI R C L E B LV
Warner
Center
V
BURBANK BLVD.
VE
U
NT
B
RA
LV D
Woodland
Hills
Ventura
Fwy (101)
±4.5 Miles
WOODMAN AVE
VAN NUYS BLVD
Burbank
30 min.
VICTORY BLVD
OXNARD ST
SEPULVEDA BLVD
WOODLEY AVE
BALBOA BLVD
Reseda
WHITE OAK AVE
RESEDA BLVD
TAMPA AVE
SATICOY ST
WINNETKA AVE
SHERMAN WAY
Hidden
Hills
Calabasas
COUN
T
Canoga
Park
DE SOTO AVE
West Hills
VAN OWEN ST
Conejo Valley
15 min.
UR A
San Diego Fwy
(405)
±8.75 Miles
NOR DHO FF ST
ROSCOE BLVD
CANOGA AVE
• D o wn t ow n L .A . 4 5 mi n
Winnetka
FALBROOK AVE
• Wes t L .A . 3 0 mi n
VENT
WOODLAND AVE
LLE Y CIRCLE BLV
A
V
D
• C o n ejo Valle y 1 5 mi n
PLUMMER ST
North
Hills
NORDHOFF ST
• Si m i Va lle y 1 5 mi n
Valencia
30 min.
Mission
Hills
D RI V ETIM E TO :
• Va l e nc ia 3 0 mi n
San Fernando
CHATSWORTH ST
ZELZAH AVE
TOPANGA CANYON BLVD
SimiValley
Valley
Simi
15 min.
RINALDI ST
Downtown
Los Angeles
45 min.
Tarzana
VE NTU
West
Los Angeles
30 min.
R A B LV
D
Encino
Sherman Oaks
f ocu s
o n pu bli c t r a n spo r tat i o n
Moorpark
Alamo St
a Pass Rd
Granada Hills
Chatsworth
Northridge
Balboa Blvd
De Soto Ave
Canoga Ave
Pkwy
e
Reseda Blvd
Plummer St
Rd
D
Avenue
Devonshire St.
Winnetka Ave
Black Canyon Rd
anch
t
1st S
Kuehner Dr
Tapo Canyon
Santa Susan
Newman St
dR
Woo
en
s
l
O
W
Moreno Dr
d
E Los Angeles Ave
Royal Ave
Dennis Ave
R
a
r
e
d
Ma
Sycamore Dr
Simi Valley
Erringer Rd
1st St
Tierra
d
aR
d
a
j
e
R
Roscoe Blvd
les
o
b
r
A
s
Lo
E Stage
coach R
Stagg St
d
Saticoy St
West Hills
Sherman Way
Bell Canyon Blvd
Long V
alley R
Ventur
a
d
N1
Mureau Rd
R
dow
Hwy
Mea
unty
d
Roun
L Co
d
Calabasas
Westlake Village
Kanan Rd
Las
V
i
r
g
e
nes
Agoura Hills
Rd
Metro Local or Limited Line
Municipal Bus line
Metro Train Line
Metrolink Station
Metro Liner & Station
Metro Rapid Line
Balboa Blvd
Thousand Oaks
Reseda Blvd
Burbank Blvd
Victory Blvd
Winnetka Ave
Rd
Fallbrook Ave
Kanan
Topanga Canyon Blvd
Dr
Platt Ave
vd
lake Bl
N West
Lynn Rd
sell
Valley Circle Blvd
Rus
Mulho
lland
Dr
Blvd
f ocu s
o n pr ox i m i t y to wo r k f o r ce
VALENCIA
51,360 EMPLOYEES
14
5
210
SIMI VALLEY
118
98,531 EMPLOYEES
118
moorpark
28,847 EMPLOYEES
8511
8531
CHATSworth
8501
8521
30,534 EMPLOYEES
8413
8415
CAFE
8407
burbank
90,023 EMPLOYEES
27
west hills
8401
59,626 EMPLOYEES
8403
northridge
123,448 EMPLOYEES
22801
thousand oaks
405
5
van nuys
266,813 EMPLOYEES
113,074 EMPLOYEES
woodland hills
93,873 EMPLOYEES
170
tarzana
82,009 EMPLOYEES
101
westlake village
45,330 EMPLOYEES
agoura Hills
33,425 EMPLOYEES
calabasas
44,123 EMPLOYEES
Greater San Fernando Valley Total Labor Base: 1,860,522 Employees
encino
80,241 EMPLOYEES
sherman oaks
96,498 EMPLOYEES
101
f ocu s
on D ev elo pm en t O ppo r t u n i t i eS
F lex i bi li t y o f z o n i n g
Parking
Structure
8501
8511
• Approved for ±360,000 Square Feet of additional
development, bringing overall campus to more
than 1.3 Million Square Feet.
8531
8413
8521
8407
8401
8405
GE
ID
BR
Proposed Parking
Garage, 2 stories
-Proposed 6-story, ±250,000 Square Foot
Office Building
-Proposed 3-story, ±110,000 Square Foot
Office Building
• Proposed two story, 969 Car Parking Garage to
accommodate new requirements
AVENUE
Proposed Five Story
Office Building
250,000 GSF
85 feet tall
CAFE
• Designed to LEED Gold Standard
• Build to Suit Potential
DN
UP
UP
FALLBROOK
DN
DN
911
Bldg
UP
8403
22801
Proposed Three Story
Office Building
110,000 GSF
45 feet tall
22805
ROSCOE BOULEVARD
• Flexible M1-1 zoning allows for numerous uses
f ocu s
O N AVA I LA BI LI T I ES
Availabilities
Building
size
Asking Rate
Availability
8413 Fallbrook, 1st Floor
5,149 RSF
$1.95 PSFImmediately
8413 Fallbrook, 2nd Floor
9,493 RSF
$1.95 PSFImmediately
8413 Fallbrook, 3rd Floor
11,410 RSF
$1.95 PSFImmediately
8501 Fallbrook, Suite 220 10,225 RSF
$2.25 PSFImmediately
8511 Fallbrook, 1st Floor
35,353 USF
$2.40 PSF
Aug 15, 2010
8511 Fallbrook, 2nd Floor 35,351 USF
$2.40 PSF
Aug 15, 2010
8511 Fallbrook, 3rd Floor 35,351 USF
$2.40 PSF
Aug 15, 2010
8511 Fallbrook, 4th Floor
35,351 USF
$2.40 PSF
Aug 15, 2010
8521 Fallbrook, Suite 100 10,022 RSF
$2.25 PSFImmediately
8521 Fallbrook, Suite 150
6,884 RSF
$2.25 PSFImmediately
8521 Fallbrook, 3rd Floor
72,544 RSF
$2.25 PSFImmediately
8531 Fallbrook, 2nd Floor 48,836 RSF
$2.25 PSFImmediately
22801 Roscoe, 1st Floor
54,535 RSF
$2.40 PSFImmediately
22801 Roscoe, 2nd Floor
51,655 RSF
$2.40 PSFImmediately
8405 Fallbrook
250,000 RSFTBD
Proposed
22805 Roscoe
110,000 RSFTBD
Proposed
8531
8415
8521
Fallbrook
Fallbrook
Fallbrook
Fallbrook
Fallbrook
Fallbrook
Fallbrook
Fallbrook
8511 Fallbrook
141,386 SF
160,740
38,795
250,000
82,815
11,401
30,271
16,552
160,681
SF
SF
SF
SF
SF
SF
SF
SF
8411
8405
Parking
structure
Building
8521 Fallbrook
8531 Fallbrook
22801 Roscoe
22805 Roscoe
TOTAL
8401
8403
size
160,498
98,839
106,190
110,000
SF
SF
SF
SF
22801
22805
1,300,000+ SF
Existing Building
Proposed Building
Space Available
R osc oe B oule vard
Fa l l bro o k Av enu e
8401
8403
8405
8407
8411
8413
8415
8501
size
8413
8407
Total B u il d in g Sizes
Building
8501
8511