San Jose New Construction & Proposed Multifamily Projects

ID PROPERTY UNITS1 Santa Clara Square 1,8406 Flats at Cityline, The 1988 Elan Mountain View 164

Total Lease-Up 2,20211 Dean, The 58312 1120 Kifer Road 52013 Nuevo 53718 Novo 20419 Gateway Village 47620 500 Ferguson Drive 39426 Santana Terrace 9227 Anton Mountain View 144

Total Under Construction 2,95043 1250 Lakeside Drive 25044 Atria 10845 Butcher's Corner 15346 Flats at Cityline Phase II, The 9447 North Bayshore 9,850

Total Planned 10,455100 2232 - 2240 El Camino Real 151101 2233 Calle Del Mundo 57102 City Place Santa Clara 1,360104 Intel Land 950105 Kylli 100106 Laguna Clara Phase II 407107 Lawrence Square 701108 Mariani's Inn 392110 Moonlite Lanes 158112 Tasman East 50113 Hamptons Redevelopment, The 942114 1155 Aster Avenue 412115 311 South Mathilda Avenue 73116 370 San Aleso 63117 403 South Mathilda Avenue 100118 1255 Pear Avenue 650119 1696 Villa Street 226120 2700 West El Camino Real 211121 355-415 East Middlefield 269122 525 Evelyn 471123 759 West Middlefield 75124 Eaves Mountain View at Middlefield Phase II 341125 Middlefield Crossing 100126 San Antonio Road & California Street 632127 Shoreline Boulevard 203128 2755 El Camino Real 60129 Wilton Court 61132 Agrihood 325133 Hills at Vallco, The 800134 Marina Plaza 188135 1139 Karlstad Drive 250136 400 Logue 412137 Village Lake Redevelopment 711

Total Prospective 11,901

Lease-up

Under Construction

Planned

Prospective

LEGEND

Source: Yardi Matrix2 mi Source: Yardi Matrix2000 ft

a Berkshire Hathaway and Jefferies Financial Group company

4Q18

100

106

113

133

134

107108

110

101

112102

104

105

114

43

4445

47

27

18

19

12

13

26

11126

1

6

8

115

117

118

127

128

129

119121

125

137

124

122

116

135

136

46

20

120

132

123

San Jose New Construction & Proposed Multifamily ProjectsID PROPERTY UNITS2 808 West 3153 Edge, The 3814 Capitol 650 3515 Turing 3717 300 Railway 1199 Modera the Alameda 168

Total Lease-Up 1,70510 Reserve, The 63614 Anton Milpitas 58215 Graduate, The 23516 Modera San Pedro Square 20117 Platform, The 55121 SparQ 10522 Great Oaks Boulevard 30123 Sunol 26924 955 South 1st Street 5125 138 Stockton Avenue 16428 Silver 26829 Aura 10130 James, The 195

Total Under Construction 3,65931 150 South 2nd Street Block 3 39332 Gateway Tower 27533 Miro 60034 Park View Towers 22035 Post Street & San Pedro Street 23036 1777 Almaden Road 5537 Summerwind Phase II 10338 Diridon Station 32539 Ohlone Phase II, The 55040 1500 - 1646 Centre Pointe 69441 Piper Drive Residential 30842 358 Hatton Street 25848 Condit Evergreen 18249 North San Pedro Street Apartment Towers 381

Total Planned 4,57450 1260 East Santa Clara Street 41851 27 South 1st Street 34252 70 South Almaden 70853 Alamaden Blvd & Park Avenue 26054 Aviato 80055 Balbach Street & South Almaden Blvd 8756 Carlyle, The 22057 Davidson Plaza Towers 65358 Garden Gate Tower 28559 Invicta Towers 66760 Japantown Square 52061 North 14th Street & East St. John Street 75062 San Jose State University 40063 Tamien Station Transit Oriented Development 44064 1663 Alum Rock Avenue 12165 1936 Alum Rock 9466 Alum Rock Avenue & Jose Figueres Avenue 73867 Canoas Garden Avenue & Evans Lane 6168 Cambrian Park Plaza Redevelopment 34469 1410 South Bascom Avenue 44770 1470 West San Carlos Street 8171 250 Grand Avenue 8072 259 Meridian 12073 715 West Julian Street 22874 740 West San Carlos 6375 777 West San Carlos 14876 Delmas Avenue & Park Avenue 12377 District, The 2,40078 DuPont Street & McEvoy Street 45879 McEvoy Street & West San Carlos Street 31980 Montgomery 2 7081 Montgomery 7 5482 Page Street 8283 Park Avenue & Delmas Avenue 64384 Race Street Residential 20685 Race Street Terrace 7086 Rail Yard Place 650

Lease-up

Under Construction

Planned

Prospective

LEGEND

a Berkshire Hathaway and Jefferies Financial Group company

4Q18

87 Southwest Plaza at Bascom Station 71088 Seely Avenue 10089 720 Montague Expwy 21690 Ada 21891 Elion 42392 Gideon 17393 4146 Mitzi Drive 5094 751 South Winchester Blvd 16095 Dudley Avenue 11096 eaves West Valley Phase III 30097 Saratoga Avenue & Stevens Creek Blvd 87098 Stevens Creek Executive Center Redevelopment 50099 Volar 307103 Gateway Crossing 1,600109 Mission Town Center 355111 Santa Clara University Educator Housing 295130 8955 Monterey Road 78131 1380 Main Street 220

Total Prospective 20,835

Source: Yardi Matrix1 mi

66

88

89

91

6564

51

62

59

50

9092

131

75

83

77

31

48

36

40

41

37

33

3449

35

38

39

3276

42

14

1525

21

17

16

22

23

28

29

30

24

58

130

99

103109

111

98 9594

2

9

3

4

5

7

52

56

57

53

7082

8485

72

73

55

5486

60

61

63

67

68

69

9697

87

78 808179

7471

1093

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

1 Santa Clara Square 3321 Coronado Place Santa Clara CA 95054 Lease-Up 1,840 Santa Clara 02/06/2017 02/28/2021 03/12/20182 808 West 808 West San Carlos Street San Jose CA 95126 Lease-Up 315 Central San Jose West 02/01/2016 05/31/2019 12/01/20173 Edge, The 765 Montague Expwy Milpitas CA 95035 Lease-Up 381 Milpitas 04/01/2017 04/30/2019 09/12/20184 Capitol 650 650 East Capitol Avenue Milpitas CA 95035 Lease-Up 351 Milpitas 02/03/2017 03/31/2019 06/18/20185 Turing 1315 McCandless Drive Milpitas CA 95035 Lease-Up 371 Milpitas 11/18/2015 02/28/2019 10/09/20176 Flats at Cityline, The 300 West Washington Avenue Sunnyvale CA 94086 Lease-Up 198 Sunnyvale 04/30/2017 01/31/2019 09/01/20187 300 Railway 300 Railway Avenue Campbell CA 95008 Lease-Up 119 Campbell 08/01/2016 01/31/2019 06/11/20188 Elan Mountain View 1030 Castro Street Mountain View CA 94040 Lease-Up 164 Mountain View - Los Altos 03/01/2016 01/31/2019 04/16/20189 Modera the Alameda 787 The Alameda San Jose CA 95126 Lease-Up 168 Central San Jose West 12/04/2015 01/31/2019 04/05/2018

TOTAL LEASE-UP 3,90710 Reserve, The 897 South Winchester Blvd San Jose CA 95128 Under Construction 636 West San Jose 04/30/2018 08/31/202111 Dean, The 400 San Antonio Road Mountain View CA 94040 Under Construction 583 Mountain View - Los Altos 11/01/2017 11/30/202012 1120 Kifer Road 1120 Kifer Road Sunnyvale CA 94086 Under Construction 520 Sunnyvale 08/03/2018 10/31/202013 Nuevo 3505 Kifer Road Santa Clara CA 95051 Under Construction 537 Sunnyvale 09/01/2018 08/31/202014 Anton Milpitas 730 East Capitol Avenue Milpitas CA 95035 Under Construction 582 Milpitas 09/04/2017 05/31/202015 Graduate, The 300 South 2nd Street San Jose CA 95113 Under Construction 235 Central San Jose 03/12/2018 04/30/202016 Modera San Pedro Square 45 North San Pedro Street San Jose CA 95110 Under Construction 201 Central San Jose 02/01/2018 12/31/201917 Platform, The 1590 Berryessa Road San Jose CA 95133 Under Construction 551 East San Jose 04/02/2018 10/31/201918 Novo 2268 West El Camino Real Mountain View CA 94040 Under Construction 204 Mountain View - Los Altos 03/05/2018 08/31/201919 Gateway Village 3700 El Camino Real Santa Clara CA 95051 Under Construction 476 Sunnyvale 09/01/2016 07/31/201920 500 Ferguson Drive 500 Ferguson Drive Mountain View CA 94043 Under Construction 394 Mountain View - Los Altos 11/06/2017 07/31/201921 SparQ 598 South 1st Street San Jose CA 95113 Under Construction 105 Central San Jose 03/19/2018 05/31/201922 Great Oaks Boulevard Raleigh Road & Via Del Oro San Jose CA 95113 Under Construction 301 Far South San Jose 03/19/2018 05/31/201923 Sunol 345 Sunol Street San Jose CA 95126 Under Construction 269 Central San Jose West 02/28/2018 05/31/201924 955 South 1st Street 955 South 1st Street San Jose CA 95110 Under Construction 51 Central San Jose 02/05/2018 04/30/201925 138 Stockton Avenue 138 Stockton Avenue San Jose CA 95126 Under Construction 164 Central San Jose West 03/12/2018 03/31/201926 Santana Terrace 190 North Winchester Blvd Santa Clara CA 95050 Under Construction 92 Santa Clara 05/07/2018 03/31/201927 Anton Mountain View 394 Ortega Avenue Mountain View CA 94040 Under Construction 144 Mountain View - Los Altos 05/07/2018 03/31/201928 Silver 381 Sunsol Street San Jose CA 95126 Under Construction 268 Central San Jose West 09/18/2017 02/28/201929 Aura 183 Balbach Street San Jose CA 95110 Under Construction 101 Central San Jose 06/06/2017 01/31/201930 James, The 50 North 1st Street San Jose CA 95113 Under Construction 195 Central San Jose 02/01/2016 01/31/2019

TOTAL UNDER CONSTRUCTION 6,60931 150 South 2nd Street Block 3 150 South 2nd Street San Jose CA 95113 Planned 393 Central San Jose32 Gateway Tower 470 South Market Street San Jose CA 95113 Planned 275 Central San Jose33 Miro 167 East Santa Clara Street San Jose CA 95112 Planned 600 Central San Jose34 Park View Towers 252 North 1st Street San Jose CA 95113 Planned 220 Central San Jose35 Post Street & San Pedro Street Post Street & San Pedro Street San Jose CA 95113 Planned 230 Central San Jose36 1777 Almaden Road 1777 Almaden Road San Jose CA 95125 Planned 55 South San Jose37 Summerwind Phase II 2055 Summerside Drive San Jose CA 95122 Planned 103 South San Jose38 Diridon Station 402 West Santa Clara Street San Jose CA 95113 Planned 325 Central San Jose West39 Ohlone Phase II, The West San Carlos Street & Sunol Street San Jose CA 95126 Planned 550 Central San Jose West40 1500 - 1646 Centre Pointe 1646 Centre Pointe Drive Milpitas CA 95035 Planned 694 Milpitas41 Piper Drive Residential 1256 Piper Drive Milpitas CA 95035 Planned 308 Milpitas42 358 Hatton Street 358 Hatton Street San Jose CA 95128 Planned 258 West San Jose43 1250 Lakeside Drive 1250 Lakeside Drive Sunnyvale CA 94085 Planned 250 Sunnyvale44 Atria 1008 East El Camino Real Sunnyvale CA 94087 Planned 108 Sunnyvale45 Butcher's Corner 871 East Fremont Avenue Sunnyvale CA 94087 Planned 153 Sunnyvale46 Flats at Cityline Phase II, The 300 West Washington Avenue Sunnyvale CA 94086 Planned 94 Sunnyvale47 North Bayshore Charleston Road & North Shoreline Blvd Mountain View CA 94043 Planned 9,850 Mountain View - Los Altos48 Condit Evergreen NEC Condit Road & San Pedro Avenue Morgan Hill CA 95037 Planned 182 Morgan Hill49 North San Pedro Street Apartment Towers 195 West Julian Street San Jose CA 95110 Planned 381 Central San Jose

TOTAL PLANNED 15,02950 1260 East Santa Clara Street 1260 East Santa Clara Street San Jose CA 95116 Prospective 418 Central San Jose51 27 South 1st Street 27 South 1st Street San Jose CA 95113 Prospective 342 Central San Jose52 70 South Almaden 70 South Almaden Avenue San Jose CA 95113 Prospective 708 Central San Jose53 Alamaden Blvd & Park Avenue Alamaden Blvd & Park Avenue San Jose CA 95113 Prospective 260 Central San Jose54 Aviato 199 Bassett Street San Jose CA 95110 Prospective 800 Central San Jose55 Balbach Street & South Almaden Blvd SEC Balbach Street & South Almaden Blvd San Jose CA 95110 Prospective 87 Central San Jose56 Carlyle, The 51 Notre Dame Avenue San Jose CA 95113 Prospective 220 Central San Jose57 Davidson Plaza Towers 255 West Julian Street San Jose CA 95110 Prospective 653 Central San Jose58 Garden Gate Tower 600 South 1st Street San Jose CA 95113 Prospective 285 Central San Jose59 Invicta Towers South 2nd Street & East William Street San Jose CA 95112 Prospective 667 Central San Jose60 Japantown Square 650 North 6th Street San Jose CA 95112 Prospective 520 Central San Jose61 North 14th Street & East St. John Street North 14th Street & East St. John Street San Jose CA 95112 Prospective 750 Central San Jose62 San Jose State University North 4th Street & East St. John Street San Jose CA 95192 Prospective 400 Central San Jose63 Tamien Station Transit Oriented Development 1197 Lick Avenue San Jose CA 95110 Prospective 440 Central San Jose64 1663 Alum Rock Avenue 1663 Alum Rock Avenue San Jose CA 95116 Prospective 121 East San Jose65 1936 Alum Rock 1936 Alum Rock Avenue San Jose CA 95116 Prospective 94 East San Jose66 Alum Rock Avenue & Jose Figueres Avenue Alum Rock Avenue & Jose Figueres Avenue San Jose CA 95116 Prospective 738 East San Jose67 Canoas Garden Avenue & Evans Lane Canoas Garden Avenue & Evans Lane San Jose CA 95125 Prospective 61 South San Jose68 Cambrian Park Plaza Redevelopment 14900 Camden Avenue San Jose CA 95124 Prospective 344 Far South San Jose69 1410 South Bascom Avenue 1410 South Bascom Avenue San Jose CA 95128 Prospective 447 Central San Jose West

Source: Yardi Matrix

San Jose New Construction and Proposed Multifamily Projects

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

70 1470 West San Carlos Street 1470 West San Carlos Street San Jose CA 95126 Prospective 81 Central San Jose West71 250 Grand Avenue 250 Grand Avenue San Jose CA 95126 Prospective 80 Central San Jose West72 259 Meridian 259 Meridian Avenue San Jose CA 95126 Prospective 120 Central San Jose West73 715 West Julian Street 715 West Julian Street San Jose CA 95126 Prospective 228 Central San Jose West74 740 West San Carlos 740 West San Carlos Street San Jose CA 95126 Prospective 63 Central San Jose West75 777 West San Carlos 777 West San Carlos Street San Jose CA 95126 Prospective 148 Central San Jose West76 Delmas Avenue & Park Avenue 201 Delmas Avenue San Jose CA 95110 Prospective 123 Central San Jose West77 District, The North Autumn Street & West Julian Street San Jose CA 95113 Prospective 2,400 Central San Jose West78 DuPont Street & McEvoy Street 205 Dupont Street San Jose CA 95126 Prospective 458 Central San Jose West79 McEvoy Street & West San Carlos Street 280 McEvoy Street San Jose CA 95126 Prospective 319 Central San Jose West80 Montgomery 2 543 Lorraine Avenue San Jose CA 95110 Prospective 70 Central San Jose West81 Montgomery 7 565 Lorraine Avenue San Jose CA 95110 Prospective 54 Central San Jose West82 Page Street 329 Page Street San Jose CA 95126 Prospective 82 Central San Jose West83 Park Avenue & Delmas Avenue Park Avenue & Delmas Avenue San Jose CA 95110 Prospective 643 Central San Jose West84 Race Street Residential 253 Race Street San Jose CA 95126 Prospective 206 Central San Jose West85 Race Street Terrace 237 Race Street San Jose CA 95126 Prospective 70 Central San Jose West86 Rail Yard Place Coleman Avenue & Guadalupe Fwy San Jose CA 95110 Prospective 650 Central San Jose West87 Southwest Plaza at Bascom Station 2050 Southwest Expwy San Jose CA 95126 Prospective 710 Central San Jose West88 Seely Avenue Montague Expwy & Seely Avenue San Jose CA 95134 Prospective 100 North San Jose89 720 Montague Expwy 720 Montague Expwy Milpitas CA 95035 Prospective 216 Milpitas90 Ada Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 218 Milpitas91 Elion Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 423 Milpitas92 Gideon Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 173 Milpitas93 4146 Mitzi Drive 4146 Mitzi Drive San Jose CA 95117 Prospective 50 West San Jose94 751 South Winchester Blvd 751 South Winchester Blvd San Jose CA 95128 Prospective 160 West San Jose95 Dudley Avenue 544 Dudley Avenue San Jose CA 95128 Prospective 110 West San Jose96 eaves West Valley Phase III 700 Saratoga Avenue San Jose CA 95129 Prospective 300 West San Jose97 Saratoga Avenue & Stevens Creek Blvd Saratoga Avenue & Stevens Creek Blvd San Jose CA 95129 Prospective 870 West San Jose98 Stevens Creek Executive Center Redevelopment 4300 Stevens Creek Blvd San Jose CA 95129 Prospective 500 West San Jose99 Volar 350 South Winchester Blvd San Jose CA 95128 Prospective 307 West San Jose100 2232 - 2240 El Camino Real 2232 El Camino Real Santa Clara CA 95050 Prospective 151 Santa Clara101 2233 Calle Del Mundo 2233 Calle Del Mundo Santa Clara CA 95054 Prospective 57 Santa Clara102 City Place Santa Clara 5155 Stars and Stripes Drive Santa Clara CA 95054 Prospective 1,360 Santa Clara103 Gateway Crossing 1205 Coleman Avenue Santa Clara CA 95050 Prospective 1,600 Santa Clara104 Intel Land SWC Freedom Circle & Mission College Blvd Santa Clara CA 95054 Prospective 950 Santa Clara105 Kylli 3005 Democracy Way Santa Clara CA 95054 Prospective 100 Santa Clara106 Laguna Clara Phase II 3131 Homestead Road Santa Clara CA 95051 Prospective 407 Santa Clara107 Lawrence Square 3501 El Camino Real Santa Clara CA 95051 Prospective 701 Santa Clara108 Mariani's Inn 2500 El Camino Real Santa Clara CA 95051 Prospective 392 Santa Clara109 Mission Town Center 575 Benton Street Santa Clara CA 95050 Prospective 355 Santa Clara110 Moonlite Lanes 2780 El Camino Real Santa Clara CA 95051 Prospective 158 Santa Clara111 Santa Clara University Educator Housing 1250 Campbell Avenue San Jose CA 95126 Prospective 295 Santa Clara112 Tasman East 5102 Calle del Sol Santa Clara CA 95054 Prospective 50 Santa Clara113 Hamptons Redevelopment, The 19500 Pruneridge Avenue Cupertino CA 95014 Prospective 942 Cupertino114 1155 Aster Avenue 1155 Aster Avenue Sunnyvale CA 94086 Prospective 412 Sunnyvale115 311 South Mathilda Avenue 311 South Mathilda Avenue Sunnyvale CA 94086 Prospective 73 Sunnyvale116 370 San Aleso 370 San Aleso Avenue Sunnyvale CA 94085 Prospective 63 Sunnyvale117 403 South Mathilda Avenue 403 South Mathilda Avenue Sunnyvale CA 94086 Prospective 100 Sunnyvale118 1255 Pear Avenue 1255 Pear Avenue Mountain View CA 94043 Prospective 650 Mountain View - Los Altos119 1696 Villa Street 1696 Villa Street Mountain View CA 94041 Prospective 226 Mountain View - Los Altos120 2700 West El Camino Real 2700 West El Camino Real Mountain View CA 94040 Prospective 211 Mountain View - Los Altos121 355-415 East Middlefield 355 East Middlefield Road Mountain View CA 94043 Prospective 269 Mountain View - Los Altos122 525 Evelyn 555 East Evelyn Avenue Mountain View CA 94041 Prospective 471 Mountain View - Los Altos123 759 West Middlefield 759 West Middlefield Road Mountain View CA 94043 Prospective 75 Mountain View - Los Altos124 Eaves Mountain View at Middlefield Phase II 555 West Middlefield Road Mountain View CA 94043 Prospective 341 Mountain View - Los Altos125 Middlefield Crossing 685 East Middlefield Road Mountain View CA 94043 Prospective 100 Mountain View - Los Altos126 San Antonio Road & California Street 2580 California Street Mountain View CA 94040 Prospective 632 Mountain View - Los Altos127 Shoreline Boulevard 1001 North Shoreline Blvd Mountain View CA 94043 Prospective 203 Mountain View - Los Altos128 2755 El Camino Real 2755 El Camino Real Palo Alto CA 94306 Prospective 60 Palo Alto - Stanford129 Wilton Court 3705 El Camino Real Palo Alto CA 94306 Prospective 61 Palo Alto - Stanford130 8955 Monterey Road 8955 Monterey Road Gilroy CA 95020 Prospective 78 Gilroy131 1380 Main Street 1380 South Main Street Milpitas CA 95035 Prospective 220 Milpitas132 Agrihood 1834 Worthington Circle Santa Clara CA 95050 Prospective 325 Santa Clara133 Hills at Vallco, The 10123 North Wolfe Road Cupertino CA 95014 Prospective 800 Cupertino134 Marina Plaza 10118 Bandley Drive Cupertino CA 95014 Prospective 188 Cupertino135 1139 Karlstad Drive 1139 Karlstad Drive Sunnyvale CA 94089 Prospective 250 Sunnyvale136 400 Logue 400 Logue Avenue Mountain View CA 94043 Prospective 412 Mountain View - Los Altos137 Village Lake Redevelopment 777 West Middlefield Road Mountain View CA 94043 Prospective 711 Mountain View - Los Altos

TOTAL PROSPECTIVE 32,736

TOTAL SAN JOSE 58,281

Source: Yardi Matrix

San Jose New Construction and Proposed Multifamily Projects

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