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San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 2 Revela 400 6 Novo 204 Total Lease Up 604

0.0417 in 16 2700 West El Camino Real 211 22 Anton Ladera 144 26 Dean, The 583 Total Under Construction 938

0.25 in

39 1255 Pear Avenue 650 Total Planned 650

118 1001 North Shoreline Boulevard 203 119 1720 Villa Street 226 120 355-415 East Middlefield 269 121 5150 El Camino Real 196 122 759 West Middlefield 75 123 Eaves Mountain View at Middlefield Phase II 341 124 Flower Mart 471 125 Middlefield Crossing 100 126 North Bayshore 9,850 127 San Antonio Road & Street 632 128 Shoreline Boulevard 203 129 2755 El Camino Real 57 130 Wilton Court 61 145 400 Logue 367 146 Reserve at Mountain View Redevelopment, The 167 147 Village Lake Redevelopment 716

Total Prospective 13,934 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 17 Condit Evergreen 182 28 DUO 301 Total Under Construction 483

60 Cambrian Park Plaza Redevelopment 344 131 Wyndham Place 80 132 1st Street & Kern Avenue 119 133 8955 Monterey Road 78 134 Jarvis Drive & Monterey Road 383 135 1001 4th Street 77

Total Prospective 1,081 1 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 94 2101 Tasman Drive 950 95 2200 Calle De Luna 600 97 2263 Calle Del Mundo 149 98 2300 Calle De Luna 575 99 2302 Calle Del Mundo 150 101 5123 Calle Del Sol 503 102 5185 Lafayette Street 147 103 City Place Santa Clara 1,360 104 Kylli 100 139 2343 Calle Del Mundo 347 Total Prospective 4,881

200 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 1 Santa Clara Square 1,840 5 Mylo Santa Clara 476 Total Lease Up 2,316

0.0417 in 13 Sunnyvale ECR 108 14 1130 Kifer Road 520 15 Nuevo 537 Total Under Construction 1,165

0.25 in

37 1250 Lakeside Drive 250 38 Flats at Cityline Phase II, The 75 Total Planned 325

96 2232 - 2240 El Camino Real 151 100 3905 Freedom Circle 1,018 106 Lawrence Square 701 107 Mariani's Inn & Residences 282 108 Mission Town Center 355 109 Moonlite Lanes 158 110 Santa Clara University Educator Housing 295 112 1155 Aster Avenue 412 113 311 South Mathilda Avenue 75 114 370 San Aleso 63 115 510 S Mathilda 54 116 925 South Wolfe Road 107 117 Butcher's Corner 153 141 Gateway Crossing 1,565 144 1139 Karlstad Drive 250 Total Prospective 5,639

1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 11 Reserve at San Jose, The 640 29 Santana Terrace 92 Total Under Construction 732

0.25 in

36 358 Hatton Street 258 Total Planned 258

61 1410 South Bascom Avenue 590 79 Southwest Plaza at Bascom Station 701 87 4146 Mitzi Drive 50 88 751 South Winchester Blvd 160 89 Dudley Avenue 110 90 eaves Phase III 300 91 Saratoga Avenue & Stevens Creek Blvd 870 92 Stevens Creek Executive Center Redevelopment 582 93 Volar 307 105 Laguna Clara Phase II 407 111 Hamptons Redevelopment, The 942 140 Agrihood 361 142 Hills at Vallco, The 800 143 Marina Plaza 188

Total Prospective 6,368 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 65 777 West San Carlos 148 67 Auzerais Avenue & Delmas Avenue 130 4 James, The 190 68 Delmas Avenue & Park Avenue 123 7 Aura 101 69 District, The 2,400 8 Silver 268 70 DuPont Street & McEvoy Street 458 Total Lease Up 559 71 Hanover Diridon 249

0.0417 in 72 McEvoy Street & West San Carlos 9 171 West Julian 381 Street 319 12 Miro 630 73 Montgomery 2 70 18 Vespaio at Diridon 164 74 Montgomery 7 54 20 Graduate, The 260 75 Page Street 82 21 Modera 201 76 Park Avenue & Delmas Avenue 643 24 Patina at Midtown 269 77 Race Street Residential 206 25 955 South 1st Street 51 78 Rail Yard Place 650 27 SparQ 105 136 447 North 1st Street 111 Total Under Construction 2,061 Total Prospective 10,770

0.25 in

30 Aviato 302 32 Park View Towers 220 33 Post Street & San Pedro Street 230 34 Diridon Station 325 35 Ohlone Phase II, The 550 Total Planned 1,627

41 150 South 2nd Street Block 3 393 42 27 West 374 43 4th Street Metro Station 218 44 70 South Almaden 708 45 Balbach Street & South Almaden Blvd 87 46 Carlyle, The 220 47 Davidson Plaza Towers 653 48 Firestone 130 49 Garden Gate Tower 285 50 Gateway Tower 275 51 Icon, The 250 52 Invicta Towers 79 53 North 14th Street & East St. John Street 750 54 Spartan Heights 316 62 250 Grand Avenue 206 63 259 Meridian 120

64 740 West San Carlos 63 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 3 Platform, The 551 Total Lease Up 551

0.0417 in 10 Centre Pointe 333 19 Anton Milpitas 582 Total Under Construction 915

80 Seely Avenue 100 81 720 Montague Expwy 216 82 Ada 218 83 Centre Pointe Phase II 361 84 Elion 423 85 Gideon 173 86 Piper Drive Residential 308 138 South Main Street Plaza 220 Total Prospective 2,019 1000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction & Proposed Multifamily Projects 3Q19

ID PROPERTY UNITS 23 1777 Almaden Road 55 Total Under Construction 55

0.25 in

31 Facet 518 Total Planned 518

40 1260 East Santa Clara Street 418 55 1936 Alum Rock 94 56 Little Portugal Gateway 121 57 Sunset at Alum Rock 738 58 Canoas Garden Avenue & Evans Lane 61 59 Summerwind Phase II 103 66 961 Meridian Avenue 228 137 Tamien Station Transit Oriented Development 569 Total Prospective 2,332 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective San Jose New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Santa Clara Square 3320 Montgomery Drive Santa Clara CA 95054 Lease-Up 1,840 Santa Clara 02/06/2017 02/28/2021 03/12/2018 2 Revela 200 Infinity Way Mountain View CA 94043 Lease-Up 400 Mountain View - Los Altos 11/06/2017 12/31/2020 07/31/2019 3 Platform, The 1501 Berryessa Road San Jose CA 95133 Lease-Up 551 04/02/2018 05/31/2020 08/02/2019 4 James, The 98 North 1st Street San Jose CA 95113 Lease-Up 190 Central San Jose 02/01/2016 01/31/2020 06/17/2019 5 Mylo Santa Clara 3700 El Camino Real Santa Clara CA 95051 Lease-Up 476 Sunnyvale 09/01/2016 12/31/2019 08/01/2019 6 Novo 2270 West El Camino Real Mountain View CA 94040 Lease-Up 204 Mountain View - Los Altos 03/05/2018 12/31/2019 08/01/2019 7 Aura 138 Balbach Street San Jose CA 95110 Lease-Up 101 Central San Jose 06/06/2017 11/30/2019 08/15/2019 8 Silver 333 Sunol Street San Jose CA 95126 Lease-Up 268 Central San Jose West 09/18/2017 11/30/2019 03/01/2019 Total Lease-Up 4,030 9 171 West Julian 171 West Julian Street San Jose CA 95110 Under Construction 381 Central San Jose 02/22/2019 05/31/2021 10 Centre Pointe 1646 Centre Pointe Drive Milpitas CA 95035 Under Construction 333 Milpitas 12/17/2018 12/31/2020 11 Reserve at San Jose, The 897 South Winchester Blvd San Jose CA 95128 Under Construction 640 04/30/2018 12/31/2020 12 Miro 167 East Santa Clara Street San Jose CA 95112 Under Construction 630 Central San Jose 06/16/2019 12/30/2020 13 Sunnyvale ECR 1008 East El Camino Real Sunnyvale CA 94087 Under Construction 108 Sunnyvale 06/16/2019 11/30/2020 14 1130 Kifer Road 1130 Kifer Road Sunnyvale CA 94086 Under Construction 520 Sunnyvale 08/03/2018 10/31/2020 15 Nuevo 3505 Kifer Road Santa Clara CA 95051 Under Construction 537 Sunnyvale 09/01/2018 08/31/2020 16 2700 West El Camino Real 2700 West El Camino Real Mountain View CA 94040 Under Construction 211 Mountain View - Los Altos 01/31/2019 07/31/2020 17 Condit Evergreen NEC Condit Road & San Pedro Avenue Morgan Hill CA 95037 Under Construction 182 Morgan Hill 01/31/2019 07/31/2020 18 Vespaio at Diridon 138 Stockton Avenue San Jose CA 95126 Under Construction 164 Central San Jose West 03/12/2018 05/31/2020 19 Anton Milpitas 730 East Capitol Avenue Milpitas CA 95035 Under Construction 582 Milpitas 09/04/2017 05/31/2020 20 Graduate, The 300 South 2nd Street San Jose CA 95113 Under Construction 260 Central San Jose 03/12/2018 04/30/2020 21 Modera San Pedro Square 28 North Almaden Avenue San Jose CA 95110 Under Construction 201 Central San Jose 12/01/2017 04/30/2020 22 Anton Ladera 398 Ortega Avenue Mountain View CA 94040 Under Construction 144 Mountain View - Los Altos 05/07/2018 01/31/2020 23 1777 Almaden Road 1777 Almaden Road San Jose CA 95125 Under Construction 55 09/01/2018 12/31/2019 24 Patina at Midtown 355 Sunol Street San Jose CA 95126 Under Construction 269 Central San Jose West 02/28/2018 12/31/2019 25 955 South 1st Street 955 South 1st Street San Jose CA 95110 Under Construction 51 Central San Jose 02/05/2018 11/30/2019 26 Dean, The 400 San Antonio Road Mountain View CA 94040 Under Construction 583 Mountain View - Los Altos 11/01/2017 11/30/2019 27 SparQ 5 East Reed Street San Jose CA 95113 Under Construction 105 Central San Jose 03/19/2018 10/31/2019 28 DUO 6670 Emergent Way San Jose CA 95119 Under Construction 301 Far South San Jose 03/19/2018 10/31/2019

Source: Yardi Matrix San Jose New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 29 Santana Terrace 190 North Winchester Blvd Santa Clara CA 95050 Under Construction 92 Santa Clara 05/07/2018 10/31/2019 Total Under Construction 6,349 30 Aviato 199 Bassett Street San Jose CA 95110 Planned 302 Central San Jose 31 Facet 650 North 6th Street San Jose CA 95112 Planned 518 Central San Jose 32 Park View Towers 252 North 1st Street San Jose CA 95113 Planned 220 Central San Jose 33 Post Street & San Pedro Street Post Street & South San Pedro Street San Jose CA 95113 Planned 230 Central San Jose 34 Diridon Station 402 West Santa Clara Street San Jose CA 95113 Planned 325 Central San Jose West 35 Ohlone Phase II, The West San Carlos Street & Sunol Street San Jose CA 95126 Planned 550 Central San Jose West 36 358 Hatton Street 358 Hatton Street San Jose CA 95128 Planned 258 West San Jose 37 1250 Lakeside Drive 1250 Lakeside Drive Sunnyvale CA 94085 Planned 250 Sunnyvale 38 Flats at Cityline Phase II, The 300 West Washington Avenue Sunnyvale CA 94086 Planned 75 Sunnyvale 39 1255 Pear Avenue 1255 Pear Avenue Mountain View CA 94043 Planned 650 Mountain View - Los Altos Total Planned 3,378 40 1260 East Santa Clara Street 1260 East Santa Clara Street San Jose CA 95116 Prospective 418 Central San Jose 41 150 South 2nd Street Block 3 150 South 2nd Street San Jose CA 95113 Prospective 393 Central San Jose 42 27 West 27 South 1st Street San Jose CA 95113 Prospective 374 Central San Jose 43 4th Street Metro Station 439 South 4th Street San Jose CA 95112 Prospective 218 Central San Jose 44 70 South Almaden 70 South Almaden Avenue San Jose CA 95113 Prospective 708 Central San Jose 45 Balbach Street & South Almaden Blvd 226 Balbach Street San Jose CA 95110 Prospective 87 Central San Jose 46 Carlyle, The 51 Notre Dame Avenue San Jose CA 95113 Prospective 220 Central San Jose 47 Davidson Plaza Towers 255 West Julian Street San Jose CA 95110 Prospective 653 Central San Jose 48 Firestone 477 Market Street San Jose CA 95113 Prospective 130 Central San Jose 49 Garden Gate Tower 600 South 1st Street San Jose CA 95113 Prospective 285 Central San Jose 50 Gateway Tower 470 South Market Street San Jose CA 95113 Prospective 275 Central San Jose 51 Icon, The 147 East Santa Clara Street San Jose CA 95113 Prospective 250 Central San Jose 52 Invicta Towers South 2nd Street & East William Street San Jose CA 95112 Prospective 79 Central San Jose 53 North 14th Street & East St. John Street North 14th Street & East St. John Street San Jose CA 95112 Prospective 750 Central San Jose 54 Spartan Heights 100 North 4th Street San Jose CA 95192 Prospective 316 Central San Jose 55 1936 Alum Rock 1936 Alum Rock Avenue San Jose CA 95116 Prospective 94 56 Little Portugal Gateway 1663 Alum Rock Avenue San Jose CA 95116 Prospective 121 East San Jose

Source: Yardi Matrix San Jose New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 57 Sunset at Alum Rock 2101 Alum Rock Avenue San Jose CA 95116 Prospective 738 East San Jose 58 Canoas Garden Avenue & Evans Lane Canoas Garden Avenue & Evans Lane San Jose CA 95125 Prospective 61 South San Jose 59 Summerwind Phase II 2055 Summerside Drive San Jose CA 95122 Prospective 103 South San Jose 60 Cambrian Park Plaza Redevelopment 14900 Camden Avenue San Jose CA 95124 Prospective 344 Far South San Jose 61 1410 South Bascom Avenue 1410 South Bascom Avenue San Jose CA 95128 Prospective 590 Central San Jose West 62 250 Grand Avenue 250 Grand Avenue San Jose CA 95126 Prospective 206 Central San Jose West 63 259 Meridian 259 Meridian Avenue San Jose CA 95126 Prospective 120 Central San Jose West 64 740 West San Carlos 740 West San Carlos Street San Jose CA 95126 Prospective 63 Central San Jose West 65 777 West San Carlos 777 West San Carlos Street San Jose CA 95126 Prospective 148 Central San Jose West 66 961 Meridian Avenue 961 Meridian Avenue San Jose CA 95126 Prospective 228 Central San Jose West 67 Auzerais Avenue & Delmas Avenue 425 Auzerais Avenue San Jose CA 95126 Prospective 130 Central San Jose West 68 Delmas Avenue & Park Avenue 201 Delmas Avenue San Jose CA 95110 Prospective 123 Central San Jose West 69 District, The North Autumn Street & West Julian Street San Jose CA 95113 Prospective 2,400 Central San Jose West 70 DuPont Street & McEvoy Street 205 Dupont Street San Jose CA 95126 Prospective 458 Central San Jose West 71 Hanover Diridon 715 West Julian Street San Jose CA 95126 Prospective 249 Central San Jose West 72 McEvoy Street & West San Carlos Street 280 McEvoy Street San Jose CA 95126 Prospective 319 Central San Jose West 73 Montgomery 2 543 Lorraine Avenue San Jose CA 95110 Prospective 70 Central San Jose West 74 Montgomery 7 565 Lorraine Avenue San Jose CA 95110 Prospective 54 Central San Jose West 75 Page Street 329 Page Street San Jose CA 95126 Prospective 82 Central San Jose West 76 Park Avenue & Delmas Avenue Delmas Avenue & Park Avenue San Jose CA 95110 Prospective 643 Central San Jose West 77 Race Street Residential 253 Race Street San Jose CA 95126 Prospective 206 Central San Jose West 78 Rail Yard Place Coleman Avenue & Guadalupe Fwy San Jose CA 95110 Prospective 650 Central San Jose West 79 Southwest Plaza at Bascom Station 2050 Southwest Expwy San Jose CA 95126 Prospective 701 Central San Jose West 80 Seely Avenue Montague Expwy & Seely Avenue San Jose CA 95134 Prospective 100 North San Jose 81 720 Montague Expwy 720 Montague Expwy Milpitas CA 95035 Prospective 216 Milpitas 82 Ada Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 218 Milpitas 83 Centre Pointe Phase II 1646 Centre Pointe Drive Milpitas CA 95035 Prospective 361 Milpitas 84 Elion Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 423 Milpitas 85 Gideon Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 173 Milpitas 86 Piper Drive Residential 1256 Piper Drive Milpitas CA 95035 Prospective 308 Milpitas

Source: Yardi Matrix San Jose New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 87 4146 Mitzi Drive 4146 Mitzi Drive San Jose CA 95117 Prospective 50 West San Jose 88 751 South Winchester Blvd 751 South Winchester Blvd San Jose CA 95128 Prospective 160 West San Jose 89 Dudley Avenue 544 Dudley Avenue San Jose CA 95128 Prospective 110 West San Jose 90 eaves West Valley Phase III 700 Saratoga Avenue San Jose CA 95129 Prospective 300 West San Jose 91 Saratoga Avenue & Stevens Creek Blvd Saratoga Avenue & Stevens Creek Blvd San Jose CA 95129 Prospective 870 West San Jose 92 Stevens Creek Executive Center Redevelopment 4300 Stevens Creek Blvd San Jose CA 95129 Prospective 582 West San Jose 93 Volar 350 South Winchester Blvd San Jose CA 95128 Prospective 307 West San Jose 94 2101 Tasman Drive 2101 Tasman Drive Santa Clara CA 95054 Prospective 950 Santa Clara 95 2200 Calle De Luna 2200 Calle De Luna Santa Clara CA 95054 Prospective 600 Santa Clara 96 2232 - 2240 El Camino Real 2232 El Camino Real Santa Clara CA 95050 Prospective 151 Santa Clara 97 2263 Calle Del Mundo 2263 Calle Del Mundo Santa Clara CA 95054 Prospective 149 Santa Clara 98 2300 Calle De Luna 5102 Calle del Sol Santa Clara CA 95054 Prospective 575 Santa Clara 99 2302 Calle Del Mundo 2302 Calle Del Mundo Santa Clara CA 95054 Prospective 150 Santa Clara 100 3905 Freedom Circle 3905 Freedom Circle Santa Clara CA 95054 Prospective 1,018 Santa Clara 101 5123 Calle Del Sol 5123 Calle Del Sol Santa Clara CA 95054 Prospective 503 Santa Clara 102 5185 Lafayette Street 5185 Lafayette Street Santa Clara CA 95054 Prospective 147 Santa Clara 103 City Place Santa Clara 5155 Stars and Stripes Drive Santa Clara CA 95054 Prospective 1,360 Santa Clara 104 Kylli 3005 Democracy Way Santa Clara CA 95054 Prospective 100 Santa Clara 105 Laguna Clara Phase II 3131 Homestead Road Santa Clara CA 95051 Prospective 407 Santa Clara 106 Lawrence Square 3501 El Camino Real Santa Clara CA 95051 Prospective 701 Santa Clara 107 Mariani's Inn & Residences 2500 El Camino Real Santa Clara CA 95051 Prospective 282 Santa Clara 108 Mission Town Center 575 Benton Street Santa Clara CA 95050 Prospective 355 Santa Clara 109 Moonlite Lanes 2780 El Camino Real Santa Clara CA 95051 Prospective 158 Santa Clara 110 Santa Clara University Educator Housing 1250 Campbell Avenue San Jose CA 95126 Prospective 295 Santa Clara 111 Hamptons Redevelopment, The 19500 Pruneridge Avenue Cupertino CA 95014 Prospective 942 Cupertino 112 1155 Aster Avenue 1155 Aster Avenue Sunnyvale CA 94086 Prospective 412 Sunnyvale 113 311 South Mathilda Avenue 311 South Mathilda Avenue Sunnyvale CA 94086 Prospective 75 Sunnyvale 114 370 San Aleso 370 San Aleso Avenue Sunnyvale CA 94085 Prospective 63 Sunnyvale 115 510 S Mathilda 510 South Mathilda Avenue Sunnyvale CA 94086 Prospective 54 Sunnyvale 116 925 South Wolfe Road 925 South Wolfe Road Sunnyvale CA 94086 Prospective 107 Sunnyvale

Source: Yardi Matrix San Jose New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 117 Butcher's Corner 871 East Fremont Avenue Sunnyvale CA 94087 Prospective 153 Sunnyvale 118 1001 North Shoreline Boulevard 1001 North Shoreline Blvd Mountain View CA 94043 Prospective 203 Mountain View - Los Altos 119 1720 Villa Street 1720 Villa Street Mountain View CA 94041 Prospective 226 Mountain View - Los Altos 120 355-415 East Middlefield 355 East Middlefield Road Mountain View CA 94043 Prospective 269 Mountain View - Los Altos 121 5150 El Camino Real 5150 El Camino Real Los Altos CA 94022 Prospective 196 Mountain View - Los Altos 122 759 West Middlefield 759 West Middlefield Road Mountain View CA 94043 Prospective 75 Mountain View - Los Altos 123 Eaves Mountain View at Middlefield Phase II 555 West Middlefield Road Mountain View CA 94043 Prospective 341 Mountain View - Los Altos 124 Flower Mart 555 East Evelyn Avenue Mountain View CA 94041 Prospective 471 Mountain View - Los Altos 125 Middlefield Crossing 685 East Middlefield Road Mountain View CA 94043 Prospective 100 Mountain View - Los Altos 126 North Bayshore Charleston Road & North Shoreline Blvd Mountain View CA 94043 Prospective 9,850 Mountain View - Los Altos 127 San Antonio Road & California Street 2580 California Street Mountain View CA 94040 Prospective 632 Mountain View - Los Altos 128 Shoreline Boulevard 1001 North Shoreline Blvd Mountain View CA 94043 Prospective 203 Mountain View - Los Altos 129 2755 El Camino Real 2755 El Camino Real Palo Alto CA 94306 Prospective 57 Palo Alto - Stanford 130 Wilton Court 3705 El Camino Real Palo Alto CA 94306 Prospective 61 Palo Alto - Stanford 131 Wyndham Place Blossom Hill Road & Los Gatos Blvd Los Gatos CA 95032 Prospective 80 Los Gatos - Saratoga 132 1st Street & Kern Avenue 1st Street & Kern Avenue Gilroy CA 95020 Prospective 119 Gilroy 133 8955 Monterey Road 8955 Monterey Road Gilroy CA 95020 Prospective 78 Gilroy 134 Jarvis Drive & Monterey Road SEC Jarvis Drive & Monterey Road Morgan Hill CA 95037 Prospective 383 Morgan Hill 135 1001 4th Street 1001 4th Street Hollister CA 95023 Prospective 77 San Benito County 136 447 North 1st Street 447 North 1st Street San Jose CA 95112 Prospective 111 Central San Jose 137 Tamien Station Transit Oriented Development 1197 Lick Avenue San Jose CA 95110 Prospective 569 Central San Jose 138 South Main Street Plaza 1380 South Main Street Milpitas CA 95035 Prospective 220 Milpitas 139 2343 Calle Del Mundo 2343 Calle Del Mundo Santa Clara CA 95054 Prospective 347 Santa Clara 140 Agrihood 1834 Worthington Circle Santa Clara CA 95050 Prospective 361 Santa Clara 141 Gateway Crossing 1205 Coleman Avenue Santa Clara CA 95050 Prospective 1,565 Santa Clara 142 Hills at Vallco, The 10123 North Wolfe Road Cupertino CA 95014 Prospective 800 Cupertino 143 Marina Plaza 10118 Bandley Drive Cupertino CA 95014 Prospective 188 Cupertino 144 1139 Karlstad Drive 1139 Karlstad Drive Sunnyvale CA 94089 Prospective 250 Sunnyvale 145 400 Logue 400 Logue Avenue Mountain View CA 94043 Prospective 367 Mountain View - Los Altos

Source: Yardi Matrix San Jose New Construction and Proposed Multifamily Projects

PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 146 Reserve at Mountain View Redevelopment, The 870 East El Camino Real Mountain View CA 94040 Prospective 167 Mountain View - Los Altos 147 Village Lake Redevelopment 777 West Middlefield Road Mountain View CA 94043 Prospective 716 Mountain View - Los Altos Total Prospective 47,024 TOTAL ORLANDO 60,781

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