retailwest BERKELEY S NEWEST DOWNTOWN RETAIL OPPORTUNITY

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1 BERKELEY WAY WEST BERKELEY WAY & SHATTUCK AVENUE BERKELEY S NEWEST DOWNTOWN RETAIL OPPORTUNITY Unmatched location connecting downtown and iconic Gourmet Ghetto, just one block from Cal s campus Restaurant and retail space available with dynamic storefront design and statement ceilings heights Located below 300,000 SF of class A office and UC Berkeley classrooms & faculty offices Developed by UC Berkeley AJ SCHRADER AJ@RETAILWESTINC.COM CALBRE retailwest MATT HOLMES MHOLMES@RETAILWESTINC.COM CALBRE

2 Restaurant: Dramatic 22 ceiling heights Ample outdoor patio space wrapping corner Restaurant utility infrastructure including type I vent shaft, ample power/gas, grease interceptor, HVAC Retail: Corner identity across from Sweetgreen and Triple Rock. Limited column spacing and 18 ceilings Ideal for fitness, retail, personal service Divisible to approx 2,000 SF. DELIVERY SPRING / SUMMER 2018

3 PROJECT RENDERING

4 BERKELEY RESTAURANT HISTORY Visit Berkeley. Come for the culture, stay for the food Gourmet Ghetto: Starting in 1966 with Alfred Peet s local coffee shop on Vine & Walnut Berkeley, and specifically the Gourmet Ghetto is thought to be the birthplace of California cuisine, pioneering the specialty craft coffee house, and the farm-to-table local food movement. Alice Waters Chez Panisse opened in 1971 focusing on top quality ingredients, sourced from partnerships with local farmers, ranchers and dairies. The restaurant has fostered the education and growth of countless talented chefs and entrepreneurs who have branched out to open notable Bay Area eateries including Charlie Hallowell (Pizzaiolo), Gayle Pirie (Foreign Cinema), Paul Bertolli (Oliveto), Steve Sullivan (Acme Bread Co), Joanne Weir (Copita) Alison Barakat (Bakesale Betty s), just to name a few. The Gourmet Ghetto grew to include popular staple eateries including The Cheese Board, Saul s Deli, as well as more recent additions Philz Coffee, The Local Butcher, etc. Berkeley s restaurant scene in the downtown core has seen tremendous recent growth with nationally recognized brands Eureka!, Sweetgreen, Tender Greens, Ippudo, Blue Bottle, etc. joining artisan and locally crafted concepts including Comal, Gather, FIVE restaurant and bar, Berkeley Social Club, Jupiter, Agrodolce, Babette, The Butcher s Son, etc.

5 SURROUNDING RESTAURANTS NOW OPEN OPENING SOON Downtown Berkeley s retail core thrives with an eclectic mix of families and local residents, CAL students and faculty, a dense downtown office base, and the busiest public transit stop (BART) outside of downtown San Francisco.

6 EXPLOSIVE RESIDENTIAL GROWTH Already a vibrant urban core with high levels of foot traffic, Downtown Berkeley is experiencing a boom in public and private real estate development. Buoyed by a new Downtown Plan allowing for buildings as tall as eighteen stories as well as a supportive political regime, developers are proceeding with projects that will contain 1,100 residential units and 71,000 square feet of retail space. Downtown Berkeley has nearly doubled in population since 2000 and now counts some 3,000 residents in the 30 block district. The number of residents will double again to 5,000 with the 1,100 new housing units slated for completion by The recent development boom is long overdue, and will satisfy the demand for new residential opportunities. It will also thrive with the overflow of San Francisco, due to its lack of affordable housing options. ACHESON COMMONS RESIDENTIAL UNITS - 35,000 SF RETAIL - OPENING 2019 SHATTUCK TERRACE GREEN UNITS - 12,000 SF RETAIL - OPENING SHATTUCK HOTEL ROOMS - 12,000 SF RETAIL - OPENING 2020 ST MARKS - 44 RESIDENTIAL UNITS - STUDENT DORM - OPENED 2014 GARDEN VILLAGE - 77 RESIDENTIAL UNITS - OPENED 2016 L ARGENT - 78 CONDOMINIUM UNITS - 9,941 SF RETAIL - TIMING TBD 2107 DWIGHT - 99 RESIDENTIAL UNITS - 5,607 SF RETAIL - OPENED 2017 STONEFIRE RESIDENTIAL UNITS - 8,700 SF RETAIL - OPENING 2017 THE DURANT - 79 RESIDENTIAL UNITS - OPENED 2016 OVERTURE - 44 RESIDENTIAL UNITS - 4,500 SF RETAIL - OPENED ADDISON - 69 RESIDENTIAL UNITS - 7,100 SF RETAIL - OPENED 2016 BERKELEY CENTRAL RESIDENTIAL UNITS - OPENED 2013 THE RESIDENCES AT BERKELEY RESIDENTIAL UNITS - 12,000 SF RETAIL - TIMING TBD

7 SURROUNDING PARKING Downtown Berkeley has 5,630 parking spaces, 2,554 of them in off-street lots and garages. Garage/Lot Number of Spaces Allston Way Garage 610 Bank of America Lot 37 Berkeley Way Lot 113 Center Street Garage* 720 Kittredge Garage (Library Gardens) 247 Milvia Street Surface Lot 23 Oxford Garage 99 Promenade Garage 150 UC Garages & Lots** 1,077 On-street Parking 2,554 TOTAL 5,630* *Under construction and expansion. Completion - August 2017 **Combined total for all UC-owned parking facilities in Downtown Berkeley, with primarily evening and weekend public access.

8 ARTS DISTRICT Once filled with auto-body shops, the Downtown Berkeley Arts District is today a National model of arts-led downtown revitalization. Anchored by a renowned theatre, a fabled live-music venue as well as an art-house multiplex, the Arts District brings over two million people per year to Downtown Berkeley, to dine at its restaurants, drink in its wine bars and browse its shops. Venue Patrons / year Berkeley Repertory Theatre 250,000 Freight & Salvage 90,000 Aurora Theatre 30,000 Jazz School 7,000 Movie Theaters 683,000 Central Library 685,000 Berkeley Art Museum / Pacific Film Archive 200,000 UC Theater 120,000 TOTAL 2.07 million

9 DEMOGRAPHICS AJ SCHRADER CALBRE retailwest MATT HOLMES CALBRE