MILPITAS, CA UPSCALE GROCERY ANCHOR NOW UNDER CONSTRUCTION! EPICENTER OF EVERYTHING. MATT SWEENEY

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1 EPICENTER OF EVERYTHING MILPITAS, CA UPSCALE GROCERY ANCHOR NOW UNDER CONSTRUCTION! JOSH SHUMSKY MATT SWEENEY MEGAN MCARTHUR

2 CURRENTLY UNDER CONTRUCTION! EPICENTER OF EVERYTHING Celebrating the agricultural pedigree of Milpitas and honoring the pioneer in technology it has become, The Fields is a mixed-use, multi-family, transit-oriented destination featuring a mix of luxury apartments and condominiums, and a bustling shopping district with 86,000 square feet of available retail space. Its name inspired by both the little cornfields and the fields of science, the community is a tribute to some of humanity s GREATEST THINKERS those with the vision and gravitas to change the world. Only one mile from THE GOLDEN TRIANGLE, the highly soughtafter neighborhood of Silicon Valley flanked by Highways 101, 237 and 880, The Fields commands a prime 11-acre location at the intersection of Great Mall Parkway and McCandless Drive. A vibrant indoor/outdoor destination alive with day-to-night energy, this new metropolitan address holds the promise of an incomparable lifestyle a place to TRULY LIVE. 2

3 PROJECT HIGHLIGHTS Major mixed-use development including 1,151 luxury apartments and condominiums, and a shopping district of ±86,000 SF. 11-Acre Site located at the intersection of Great Mall Parkway and McCandless Drive. Convenient Access to Highways 101, 237 and 880, as well as Milpitas Transit Center & BART Station. Ample Parking, both traditional surface parking as well as garage parking. Trader Joe s currently under construction. 3

4 MILPITAS The #2 Fastest Growing City in California AVAILABILITY Multiple retail & unique restaurant opportunities AVAILABLE IMMEDIATELY: PLAYGROUND: ± 7,500 SF Up to ±3,200 SF full service restaurant FUTURE AVAILABILITY: April 2022: ±11,544 SF Retail Space August 2023: ±18,119 SF Retail Space TRADE AREA In addition to the 1,151 residential units within The Fields development, there are several other major housing developments in close proximity 67.2% of households within 1 mile radius have annual incomes exceeding $100,000 4

5 MILPITAS, CA 1, SITE AERIAL ±5,722 residential units in immediate area 5

6 Fremont SAN JOSE 5.2 mi MOUNTAIN VIEW 10.3 mi FREMONT 10.6 mi Redwood REDWOOD CITY City OAKLAND SAN FRANCISCO 19.2 mi 35 mi mi Palo Alto Milpitas Mountain View Sunnyvale MILPITAS, CA Santa Clara San Jose TRADE AREA Cupertino 6

7 LEASED IMMEDIATELY AVAILABLE TURING RETAIL 1 THE PLAYGROUND ±7,500 SF AVAILABLE AVAILABLE NOVEMBER 2020 AVAILABLE APRIL 2022 MCCANDLESS DRIVE IMMEDIATELY AVAILABLE TURING RETAIL 2 ±10,000 SF AVAILABLE MARKET STREET AVAILABLE AUGUST 2023 GREAT MALL PARKWAY RESIDENTIAL UNITS RETAIL SF AVAILABILITY TURING 371 ±49,000 SF NOW OPEN GRAHAM 207 ±8,000 SF NOV 2020 GIDEON 213 ±12,000 SF APR 2022 ELION 360 ±19,000 SF AUG 2023 TOTAL 1,151 ±88,000 SF THE FIELDS RETAIL SITE PLAN 7

8 CONCEPT THE PLAYGROUND CONCEPT A place to play, to connect, and to be social. Playground is a community built around good food, drink, nostalgia and fun. Playground will bring the neighborhood together around the table to remember what it s like TO PLAY AGAIN. SOCIAL PROGRAMMING Playground will serve as the venue for continuous social, community and cultural programming. The space will offer a constant buzz of activity for the surrounding community. EVENTS WILL INCLUDE: games movie nights yoga in the courtyard chef led cooking classes 8

9 E MEDIA WALL PRE-FAB FIRE TABLE ±1,285 SF FE ±405 SF IDF ±860 SF SLOPED WALK F.E. = DOWN 4.62% F.E. = RUN = 6.5' RISE = 0.3' 141 B2.17-R 140 A1.1-R F.E. = P4 ±2,330 SF 139 A1.1 ±1,030 SF 138 A2.13-R BOCCE BADMINTON COURT ±736 SF ±500 SF SLOPED WALK F.E. = DOWN 4.62% F.E. = RUN = 6.5' RISE = 0.3' ARTIFICIAL TURF 137 A2.11-R 30x48 ADA CLEAR SPACE P4 P4 30x48 ADA CLEAR SPACE COVER DINING AREA ±2,460 SF THE PLAYGROUND SITE PLAN ±7,500 SF of Restaurant & Retail 9

10 TURING RETAIL 2 ±10,000 SF of Restaurant & Retail 10

11 TODAY S MILPITAS SILICON VALLEY STATISTICS Moving well beyond its humble agrarian roots and industrial town stigma, today s Milpitas is the FASTEST-GROWING city in Silicon Valley. Incorporated in 1954 and located in Santa Clara County within the San Jose Metropolitan Area, the city is an integral player in NorCal s current technology and creativity BOOM. The Milpitas acreage that will give rise to The Fields is part of the city s Transit Area Specific Plan, an urban district that is transitioning into an exciting transit-oriented, mixed-use cluster. # 2 # 11 # 23 # 29 FASTEST-GROWING CITY IN CALIFORNIA FASTEST-GROWING CITY IN THE U.S. BEST PLACE TO FIND A JOB BEST SMALL CITY TO LIVE IN AMERICA Source: Wallethub 2018 Source: Wallethub 2018 Source: Wallethub 2018 Source: Wallethub ,106 MEDIAN AGE Source: Wallethub 2018 POPULATION Source: Google Public Data 2017 DEMOGRAPHICS Average Household Income Number of Households Median Household 5 minute drive time $182k 7 minute drive time $190k 67.2% of households within 1 mile radius with incomes exceeding $100k 3 mile radius 59,473 5 mile radius 116,836 $110,752 11

12 DEMOGRAPHICS (2019) 3 Min 5 Min 7 Min 2019 Total Population (Estimated) 20,748 36,854 76, Projected Population 20,679 36,747 76, Total Daytime Population 16,100 39,893 84,733 Median Age Total Population Total Households 5,800 11,217 25,565 Total Occupied Housing 5,800 11,217 25,565 Total % Owner Occupied Housing Total % Renter Occupied Housing Average Household Income 201, , ,260 MILPITAS, CA MILPITAS 680 Median Household Income 154, , ,949 Per Capita Income 58,335 56,894 63,840 SANTA CLARA Population 25 yrs 14,418 25,846 54,640 % Population 25 yrs + Some College % White Collar Occupations % Blue Collar Occupations Average Household Size Min 7 Min 10 Min DRIVE TIME DEMOGRAPHICS 12

13 DEMOGRAPHICS (2019) 1 Mile 3 Miles 5 Miles 2019 Total Population (estimated) 24, , , Projected Population 24, , ,455 Total Daytime Population 26, , ,600 Median Age Total Population Total Households 6,921 59, ,836 Total Occupied Housing 7,004 60, , Total % Owner Occupied Housing Total % Renter Occupied Housing Miles 3 Miles 1 Miles MILPITAS Average Household Income 190, , ,667 MOUNTAIN VIEW Median Household Income 147, , , SANTA CLARA MILPITAS, CA Per Capita Income 56,148 56,902 49,416 Population 25 yrs 16, , ,427 % Population 25 yrs + Some College % White Collar Occupations SUNNYVALE 101 % Blue Collar Occupations Average Household Size SAN JOSE DISTANCE DEMOGRAPHICS 13

14 EPICENTER OF EVERYTHING MILPITAS, CA 3055 OLIN AVENUE, SUITE 2200, SAN JOSE, CA JOSH SHUMSKY CA RE Lic # MATT SWEENEY CA RE Lic # MEGAN MCARTHUR CA RE Lic # The distributor of this communication is performing acts for which a real estate license is required. The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice /20

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