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San Diego, CA NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR LEASE APPROXIMATELY 61,406 SQUARE FEET Delivering Q1 2020

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Page 1: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

San Diego, CA

NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR LEASE APPROXIMATELY 61,406 SQUARE FEET

Delivering Q1 2020

Page 2: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

P ro p e r t y O v e r v i e w5785 Oberlin is three-story creative / progressive office project centrally located in Sorrento Mesa / Mid-County San Diego. Designed to suit the needs of modern office users, 5785 Oberlin offers 61,406 SF of highly customizable interiors with direct connectivity to common and private outdoor amenities.

New State of the Art Lobby

Delivering Q1 2020

Le a s e Ra te :$2.55/SF NNN

Page 3: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

New Outdoor Collaboration Zones

Fully-repositioned building with new façade, modern three-story open air lobby with new dramatic feature stairwell and full-height curated mural

New tenant-exclusive and shared outdoor patios and collaborative workrooms

Efficient floor plates with 13’ high exposed ceilings and exposed wood beams

Signage opportunities via the building top and new monument sign

Unique potential for indoor/outdoor fitness studio with shower and locker facilities

Approximately 4.0 /1,000 per USF onsite parking (plus ample street parking) with electric vehicle charging stations

Opportunities for dog-friendly suites

Convenient access with a multitude of ingress/egress options

Walkable amenities – restaurants, personal services, hotels and banks

Close proximity to public transit – train and bus service

Page 4: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

Building Size: 61,406 SF

Stories: Three (3)

Floor Plates: ± 20,929 SF (divisible)

Year Built/Renovated: 1985 / 2019

Construction Type: Concrete/Wood/Steel

HVAC: Two brand new roof top cooling towers / water source heat pumps / package heat pumps

Core Factor: TBD

Clear Height: 13' with exposed wood beams

Fiber Providers: AT&T and Cox

Zoning: IL-2-1

Entry/Lobby: New entry and lobby featuring a full-height curated mural with wrapping stairwell to the upper floors

Views: Hillside views facing southwest

Potential for Indoor/Outdoor Fitness Studio

Showers & Lockers

Common & Private Outdoor ElementsExclusive balconies and shared outdoor area

Signage: Building & Monument

Parking: Approximately 4.0/1,000 per USF onsite parking (plus ample street parking) with electric vehicle charging stations

Elevator:1 passenger elevator & dramatic feature stairwell

Warm Shell Condition - Creative TI Ready

B u i l d i n g S p e c i f i c a t i o n s & U n i q u e Fe a t u re s

Page 5: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

S i te P l a n

OBERLIN DRIVE

Street Parking locations

Street Parking locations

Outdoor Patio /

Fitness Zone

Outdoor Elements

Outdoor Patio

Outdoor Patio / Fitness Zone

Page 6: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

F l o o r 1 Av a i l a b i l i t y(1st Quarter 2020):16,384 SF, divisible to +/- 10,000 SF

Outdoor Workspace / PatioOutdoor Workspace / Patio

FUTUREGYM SPACE

Outdoor Workspace / Patio

Outdoor Workspace / Patio

Page 7: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

F l o o r 2 Av a i l a b i l i t y(1st Quarter 2020):22,929 SF, divisible to +/- 10,000 SF

Outdoor Workspace /

Patio

Out

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Page 8: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

F l o o r 3 Av a i l a b i l i t y(1st Quarter 2020):22,092 SF, divisible to +/- 10,000 SF

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Page 9: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

OFFICE OFFICE

EXECUTIVE OFFICE

EXECUTIVE OFFICE

SMALLCONFERENCE

ROOM

OPEN MEETING

AREA

OPEN OFFICE

WORK AREA OFFICE

OFFICE

PHONE BOOTHS

OPEN OFFICE

WORK LOUNGE

BREAKAREA

BALCONY

FULL-SIZEKITCHEN

GAMEAREA

OPENOFFICE

BREAKOUTAREA

LOBBY

ENTRYLOUNGE

BREAKOUTWORK AREA

OPENMEETING

AREA

LARGECONFERENCE

ROOM

OPENOFFICE

BRAINSTORM SPACE

BALCONY

BALCONYBALCONY

F l o o rH y p o t h e t i c a l La y o u t - T h i rd F l o o r

Page 10: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

New Shared Outdoor Elements and Fitness Area

Page 11: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0
Page 12: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

A

B

...AND MORE

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...AND MORE

A

PACIFIC OCEAN

TORREY PINES RANCHO SANTA FEDEL MAR

MIRA MESA BLVDOBERLIN DR

CARROLL CANYON RD

I n th e H u b o f S a n D i e g o’s G r e a te st C o n c e nt ra t i o n o f Fo r t u n e 5 0 0 C o m p a n i e s .

Ingress/Egress Options

Page 13: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

1

A M E N I T I E S & C O R P O R AT E N E I G H B O R S

LUSK BLVDLUSK BLVD

BARNES CANYON BARNES CANYON

MIR

A SORRENTO PLACE

MIR

A SORRENTO PLACE

PACIFIC CENTER BLVD

PACIFIC CENTER BLVD

MOREHOUSE DRIVE

MOREHOUSE DRIVE

CARROLL CANYON ROADCARROLL CANYON ROAD

SCRA

NTO

N R

OAD

SCRA

NTO

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SEQ

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SEQ

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WAPLES STREET

WAPLES STREET

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FLAND

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SORRENTO VALLEY ROAD

SORRENTO VALLEY ROAD

SORRENTO VALLEY ROAD

ROSELLE STREET

ROSELLE STREET

SORRENTO VALL

EY BLVD

SORRENTO VALL

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CAM

INO

SAN

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PACIFIC HEIGHTS BLVD

PACIFIC HEIGHTS BLVD

MIRA MESA BLV

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SorrentoValley

Station

ON/OFF RAMP Mira Sorrento Place

ON/OFF RAMP Mira Mesa Blvd

1

1

3

3

5

2

8

7

1

6

43

5

2

4

9

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8

7

7

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6

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14

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915

8

2

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ON/OFF RAMP Carroll Canyon Road

PERSONAL SERVICES/ SHOPPING 1 Plaza Sorrento 2 Premier Athletic & Squash Club 3 Sorrento Canyon Golf Center 4 Sorrento Court 5 Sorrento Mesa Crossroads 6 Sorrento Valley Racquetball 7 Bally Total Fitness 8 L.A. Fitness

BUSINESS SERVICES 1 Federal Express 2 International Office Supply 3 Logos 4 Mail Boxes Etc. 5 Micro City 6 Minuteman Press 7 Pacbell Purchase Store

8 Self Storage 9 Self Storage

HOTEL / TRAVEL 1 Courtyard By Marriott 2 Homestead Village 3 Residence Inn By Marriott 4 Hyatt Summerfield Suites 5 Wyndham Garden Hotel 6 Holiday Inn Express - Sorrento Valley 7 Staybridge Suites By Holiday Inn

BANKS 1 Bank Of America 2 SUBJECT PROPERTY 3 San Diego County Credit Union

RESTAURANTS 1 8 Elements 2 Centerpark Cafe 3 Chili's 4 Wich Addiction 5 Cornerstone Cafe 6 Karl Strauss 7 Oberlin Deli 8 Plaza Sorrento Food Court (16 Restaurants) 9 Sandwich House 10 Sorrento Court (14 Restaurants) 11 Sorrento Mesa Crossroads & Restaurants 12 Grandma’s Deli 13 Come On In Cafe 14 Wineseller And Brasserie 15 Sorrento Plaza (8 Restaurants)

OBERLIN DR. OBERLIN DR.

2

I n th e H u b o f S a n D i e g o’s G r e a te st C o n c e nt ra t i o n o f Fo r t u n e 5 0 0 C o m p a n i e s .

Page 14: 0 NEWLY REPOSITIONED OFFICE BUILDING AVAILABLE FOR … · san diego, ca newly repositioned office building available for lease approximately 61,406 square feet 0

© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE.

S c o t t K i n c a i dLic. 01228565+1 858 546 [email protected]

Alvarez & Marsal Capital Real Estate is the real estate investment management arm of Alvarez & Marsal, a global professional services firm and a leader in the corporate restructuring and turnaround industry since 1983. A&M CapRE was formed in 2008 with a focus on meeting the demand for “creative” office space in major Western U.S. markets through the adaptive reuse and repositioning of existing assets.

Learn more at a m c a p i ta l r e . c o mor reach us at + 1 3 1 0 975 2670

w w w. 5 78 5 O b e r l i n . c o m

M a t t N i c ke l sLic. 01432593+1 858 646 [email protected]