San Jose New Construction & Proposed Multifamily Projects 1Q18

ID PROPERTY UNITS 1 Modera the Alameda 168 2 Hanover Cannery Park 403 3 808 West 315 Total Lease-Up 886 4 Modera at San Pedro 201 5 James, The 195 6 358 Hatton Street 258 7 Silver 268 Total Under Construction 922 55 57 35 8 150 South 2nd Street Block 3 393 14 39 9 70 South Almaden 708 28 13 10 Gateway Tower 275 36 11 Graduate, The 235 5 4 12 Japantown Square 520 33 13 Miro 600 49 14 Park View Towers 220 46 15 19 8 15 Post Street & San Pedro Street 182 9 1 16 SparQ 105 21 11 17 1777 Almaden Road 92 34 32 18 Summerwind Phase II 103 24 10 19 138 Stockton Avenue 164 52 16 20 1470 West San Carlos Street 81 37 21 Diridon Station 325 51 22 Montgomery 7 54 54 50 22 23 Ohlone Phase II, The 550 53 48 45 23 41 24 Platform, The 551 2 20 3 47 25 Dudley Avenue 110 7 12 26 Reserve, The 636 56 31 27 Volar 307 28 North San Pedro Street 381 38 Apartment Towers Total Planned 6,592 Cambrian Park Plaza 29 Redevelopment 344 30 Southwest Plaza at Bascom Station 710 31 1260 East Santa Clara Street 418 32 200 Park Avenue 100 33 27 South 1st Street 342 34 Alamaden Blvd & Park Avenue 260 61 35 Aviato 304 60 27 36 Davidson Plaza Towers 653 6 37 Garden Gate Tower 285 25 North 14th Street & East St. 18 38 John Street 750 58 59 40 39 San Jose State University 400 26 40 Tamien Station Transit Oriented 440 Development 41 1936 Alum Rock 94 Canoas Garden Avenue & 42 Evans Lane 61 17 43 Great Oaks Boulevard 301 44 30 44 1410 South Bascom Avenue 447 45 250 Grand Avenue 80 46 715 West Julian Street 228 42 47 740 West San Carlos 63 48 777 West San Carlos 148 49 District, The 2,400 50 DuPont Street & McEvoy Street 458 51 Montgomery 2 70 52 Park Avenue & Delmas Avenue 643 53 Race Street Residential 206 54 Race Street Terrace 70 55 Rail Yard Place 650 56 Sunol Street 268 57 Seely Avenue 100 58 751 South Winchester Blvd 160 59 eaves West Valley Phase III 300 29 60 Saratoga Avenue & Stevens Creek Blvd 870 61 Stevens Creek Executive Center 500 Redevelopment Total Prospective 13,123 LEGEND Lease-up Under Construction 43 Planned Prospective 1 mi2 mi Source:Source: YardiYardi MatrixMatrix

a Berkshire Hathaway and Leucadia National company San Jose New Construction and Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Modera the Alameda 787 The Alameda San Jose CA 95126 Lease-Up 168 Central San Jose West 12/04/2015 07/31/2018 04/05/2018 2 Hanover Cannery Park 415 East Taylor Street San Jose CA 95112 Lease-Up 403 Central San Jose 10/05/2016 05/31/2018 12/11/2017 3 808 West 808 West San Carlos Street San Jose CA 95126 Lease-Up 315 Central San Jose West 02/01/2016 05/31/2018 12/01/2017 TOTAL LEASE-UP 886 4 Modera at San Pedro 45 North San Pedro Street San Jose CA 95110 Under Construction 201 Central San Jose 02/01/2018 03/31/2019 5 James, The 50 North 1st Street San Jose CA 95113 Under Construction 195 Central San Jose 02/01/2016 01/31/2019 6 358 Hatton Street 358 Hatton Street San Jose CA 95128 Under Construction 258 West San Jose 06/19/2017 11/30/2018 7 Silver 860 West San Carlos Street San Jose CA 95126 Under Construction 268 Central San Jose West 12/21/2016 10/31/2018 TOTAL UNDER CONSTRUCTION 922 8 150 South 2nd Street Block 3 150 South 2nd Street San Jose CA 95113 Planned 393 Central San Jose 9 70 South Almaden 70 South Almaden Avenue San Jose CA 95113 Planned 708 Central San Jose 10 Gateway Tower 470 South Market Street San Jose CA 95113 Planned 275 Central San Jose 11 Graduate, The 300 South 2nd Street San Jose CA 95113 Planned 235 Central San Jose 12 Japantown Square 650 North 6th Street San Jose CA 95112 Planned 520 Central San Jose 13 Miro 167 East Santa Clara Street San Jose CA 95113 Planned 600 Central San Jose 14 Park View Towers 252 North 1st Street San Jose CA 95113 Planned 220 Central San Jose 15 Post Street & San Pedro Street Post Street & San Pedro Street San Jose CA 95113 Planned 182 Central San Jose 16 SparQ 598 South 1st Street San Jose CA 95113 Planned 105 Central San Jose 17 1777 Almaden Road 1777 Almaden Road San Jose CA 95125 Planned 92 South San Jose 18 Summerwind Phase II 2055 Summerside Drive San Jose CA 95122 Planned 103 South San Jose 19 138 Stockton Avenue 138 Stockton Avenue San Jose CA 95126 Planned 164 Central San Jose West 20 1470 West San Carlos Street 1470 West San Carlos Street San Jose CA 95126 Planned 81 Central San Jose West 21 Diridon Station 402 West Santa Clara Street San Jose CA 95113 Planned 325 Central San Jose West 22 Montgomery 7 565 Lorraine Avenue San Jose CA 95110 Planned 54 Central San Jose West 23 Ohlone Phase II, The West San Carlos Street & Sunol Street San Jose CA 95126 Planned 550 Central San Jose West 24 Platform, The 1590 Berryessa Road San Jose CA 95133 Planned 551 North San Jose 25 Dudley Avenue 544 Dudley Avenue San Jose CA 95128 Planned 110 West San Jose 26 Reserve, The 897 South Winchester Blvd San Jose CA 95128 Planned 636 West San Jose 27 Volar 350 South Winchester Blvd San Jose CA 95128 Planned 307 West San Jose 28 North San Pedro Street Apartment Towers 195 West Julian Street San Jose CA 95110 Planned 381 Central San Jose TOTAL UNDER CONSTRUCTION 6,592 29 Cambrian Park Plaza Redevelopment 14900 Camden Avenue San Jose CA 95124 Prospective 344 30 Southwest Plaza at Bascom Station 2050 Southwest Expwy San Jose CA 95126 Prospective 710 31 1260 East Santa Clara Street 1260 East Santa Clara Street San Jose CA 95116 Prospective 418 Central San Jose 32 200 Park Avenue 200 Park Avenue San Jose CA 95113 Prospective 100 Central San Jose 33 27 South 1st Street 27 South 1st Street San Jose CA 95113 Prospective 342 Central San Jose 34 Alamaden Blvd & Park Avenue Alamaden Blvd & Park Avenue San Jose CA 95113 Prospective 260 Central San Jose 35 Aviato 199 Bassett Street San Jose CA 95110 Prospective 304 Central San Jose 36 Davidson Plaza Towers 255 West Julian Street San Jose CA 95110 Prospective 653 Central San Jose 37 Garden Gate Tower 600 South 1st Street San Jose CA 95113 Prospective 285 Central San Jose 38 North 14th Street & East St. John Street North 14th Street & East St. John Street San Jose CA 95112 Prospective 750 Central San Jose 39 San Jose State University North 4th Street & East St. John Street San Jose CA 95192 Prospective 400 Central San Jose 40 Tamien Station Transit Oriented Development 1197 Lick Avenue San Jose CA 95110 Prospective 440 Central San Jose 41 1936 Alum Rock 1936 Alum Rock Avenue San Jose CA 95116 Prospective 94 East San Jose 42 Canoas Garden Avenue & Evans Lane Canoas Garden Avenue & Evans Lane San Jose CA 95125 Prospective 61 South San Jose 43 Great Oaks Boulevard NWC Great Oaks Blvd & Highway 85 San Jose CA 95113 Prospective 301 Far South San Jose 44 1410 South Bascom Avenue 1410 South Bascom Avenue San Jose CA 95128 Prospective 447 Central San Jose West 45 250 Grand Avenue 250 Grand Avenue San Jose CA 95126 Prospective 80 Central San Jose West 46 715 West Julian Street 715 West Julian Street San Jose CA 95126 Prospective 228 Central San Jose West 47 740 West San Carlos 740 West San Carlos Street San Jose CA 95126 Prospective 63 Central San Jose West 48 777 West San Carlos 777 West San Carlos Street San Jose CA 95126 Prospective 148 Central San Jose West 49 District, The Autumn Pkwy & West Santa Clara Street San Jose CA 95113 Prospective 2,400 Central San Jose West 50 DuPont Street & McEvoy Street 205 Dupont Street San Jose CA 95126 Prospective 458 Central San Jose West 51 Montgomery 2 543 Lorraine Avenue San Jose CA 95110 Prospective 70 Central San Jose West 52 Park Avenue & Delmas Avenue Park Avenue & Delmas Avenue San Jose CA 95110 Prospective 643 Central San Jose West 53 Race Street Residential 253 Race Street San Jose CA 95126 Prospective 206 Central San Jose West 54 Race Street Terrace 237 Race Street San Jose CA 95126 Prospective 70 Central San Jose West 55 Rail Yard Place Coleman Avenue & Guadalupe Fwy San Jose CA 95110 Prospective 650 Central San Jose West 56 Sunol Street 345 Sunol Street San Jose CA 95126 Prospective 268 Central San Jose West 57 Seely Avenue Montague Expwy & Seely Avenue San Jose CA 95134 Prospective 100 North San Jose 58 751 South Winchester Blvd 751 South Winchester Blvd San Jose CA 95128 Prospective 160 West San Jose 59 eaves West Valley Phase III 700 Saratoga Avenue San Jose CA 95129 Prospective 300 West San Jose 60 Saratoga Avenue & Stevens Creek Blvd Saratoga Avenue & Stevens Creek Blvd San Jose CA 95129 Prospective 870 West San Jose 61 Stevens Creek Executive Center Redevelopment 4300 Stevens Creek Blvd San Jose CA 95129 Prospective 500 West San Jose TOTAL PLANNED 13,123

TOTAL SAN JOSE 21,523

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