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San Jose New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 132 1 Santa Clara Square 1,840 5 Flats at Cityline, The 198 Total Lease Up 2,038

10 1130 Kifer Road 520 11 Nuevo 537 15 Dean, The 583 20 Novo 204 21 Gateway Village 476 22 500 Ferguson Drive 394 131 24 Anton Mountain View 144 46 Total Under Construction 2,858 133 121 42 City Place Santa Clara 1,360 104 43 1250 Lakeside Drive 250 130 129 114 44 Atria 108 15 144 42 45 Flats at Cityline Phase II, The 94 123 24 142 107 46 North Bayshore 9,850 126 143 Total Planned 11,662 20 122 127 49 124 128 118 49 5150 El Camino Real 196 22 103 2232 - 2240 El Camino Real 151 43 106 104 2233 Calle Del Mundo 57 125 106 Intel Land 950 1 107 Kylli 100 117 5 108 Laguna Clara Phase II 407 125 525 Evelyn 471 10 11 109 Lawrence Square 701 126 759 West Middlefield 75 119 45 110 Mariani's Inn 392 127 Eaves Mountain View at Middlefield Phase II 341 116 112 Moonlite Lanes 158 128 Middlefield Crossing 100 114 Tasman East 50 129 San Antonio Road & 116 1155 Aster Avenue 412 Street 632 117 311 South Mathilda Avenue 75 130 Shoreline Boulevard 203 118 370 San Aleso 63 131 2755 El Camino Real 60 109 120 119 403 South Mathilda Avenue 100 132 Light Tree 100 44 21 112 110 103 120 Butcher's Corner 153 133 Wilton Court 61 121 1255 Pear Avenue 650 142 1139 Karlstad Drive 250 122 1696 Villa Street 226 143 400 Logue 412 123 2700 West El Camino Real 211 144 Village Lake Redevelopment 716 108

124 355-415 East Middlefield 269 Total Prospective 8,742 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19

93 40 3 7 95 94

138 92 8 6 12

ID PROPERTY UNITS 3 Edge, The 381 6 Capitol 650 351 7 Turing 371 Total Lease Up 1,103

8 1646 Centre Pointe Drive 694 12 730 East Capitol Avenue 582 Total Under Construction 1,276

40 Piper Drive Residential 308 91 Total Planned 308

91 Seely Avenue 100 92 720 Montague Expwy 216 93 Ada 218 94 Elion 423 95 Gideon 173 138 1380 Main Street 220

Total Prospective 1,350 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 9 Reserve at San Jose, The 636 16 Platform, The 551 16 17 Santana Terrace 92 19 1777 Almaden Road 55 29 955 South 1st Street 51 66 Total Under Construction 1,385 67 105 65 37 Summerwind Phase II 103 111 68 62 41 358 Hatton Street 258 113 50 Total Planned 361 63

50 1260 East Santa Clara Street 418 62 Japantown Square 520 63 North 14th Street & East St. John 750 115 Street 17 65 1936 Alum Rock 94 140 66 2350 Alum Rock Avenue 87 139 141 67 Alum Rock Avenue & Jose Figueres 101 102 41 29 Avenue 738 100 68 Little Portugal Gateway 121 98 37 69 Canoas Garden Avenue & Evans 97 Lane 61 99 137 9 70 Cambrian Park Plaza Redevelop- 77 ment 344 71 1410 South Bascom Avenue 590 96 77 961 Meridian Avenue 228 19 90 Southwest Plaza at Bascom Station 701 71 90 96 4146 Mitzi Drive 50 69 97 751 South Winchester Blvd 160 98 Dudley Avenue 110 99 eaves Phase III 300 100 Saratoga Avenue & Stevens Creek Blvd 870 101 Stevens Creek Executive Center Redevelopment 582 102 Volar 307 105 Gateway Crossing 1,600 111 Mission Town Center 355 113 Santa Clara University Educator 139 Agrihood 361 Housing 295 140 Hills at Vallco, The 800 115 Hamptons Redevelopment, The 942 70 141 Marina Plaza 188 137 Tamien Station Transit Oriented 569 Development Total Prospective 12,141 2000 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19

ID PROPERTY UNITS 74 259 Meridian 120 75 740 West San Carlos 63 2 Silver 268 76 777 West San Carlos 148 4 808 West 315 78 Delmas Avenue & Park Avenue 123 Total Lease Up 583 79 District, The 2,400 80 DuPont Street & McEvoy Street 458 52 13 Graduate, The 235 81 Hanover Diridon 249 14 Modera 201 82 McEvoy Street & West San Carlos 18 Sunol 269 Street 319 23 SparQ 105 83 Montgomery 2 70 89 55 26 James, The 195 84 Montgomery 7 54 48 35 28 138 Stockton Avenue 164 85 Page Street 82 34 30 Aura 101 86 Park Avenue & Delmas Avenue 643 58 33 Total Under Construction 1,270 87 Race Street Residential 206 26 88 Race Street Terrace 70 31 150 South 2nd Street Block 3 393 89 Rail Yard Place 650 79 14 32 Gateway Tower 275 Total Prospective 10,427 57 51 33 Miro 600 36 81 34 North San Pedro Tower 305 53 31 64 35 Park View Towers 220 28 36 Post Street & San Pedro Street 230 13 38 Diridon Station 325 38 39 Ohlone Phase II, The 550 54 48 195 West Julian Street 381 32 61 Total Planned 3,279 86 59 78 23 51 27 West 374 30 52 447 North 1st Street 111 83 56 60 53 70 South Almaden 708 88 80 84 54 Alamaden Blvd & Park Avenue 260 87 74 55 Aviato 800 73 76 82 39 Balbach Street & South Almaden 56 87 72 4 75 Blvd 85 2 57 Carlyle, The 220 18 58 Davidson Plaza Towers 653 59 Firestone 130 60 Garden Gate Tower 285 61 Invicta Towers 667 64 Spartan Heights 316 72 1470 West San Carlos Street 81

73 250 Grand Avenue 80 500 ft Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company San Jose New Construction & Proposed Multifamily Projects 1Q19

27 134

47

ID PROPERTY UNITS 25 Monterey Gateway 75 136 27 Great Oaks Boulevard 301 Total Under Construction 376 135

25 47 Condit Evergreen 182 Total Planned 182

134 Wyndham Place 80 135 1st Street & Kern Avenue 119 136 8955 Monterey Road 78

Total Prospective 277 2 mi Source: Yardi Matrix

LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company 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 3321 Coronado Place Santa Clara CA 95054 Lease-Up 1,840 Santa Clara 02/06/2017 02/28/2021 03/12/2018 2 Silver 333 Sunol Street San Jose CA 95126 Lease-Up 268 Central San Jose West 09/18/2017 08/31/2019 03/01/2019 3 Edge, The 753 Montague Expwy Milpitas CA 95035 Lease-Up 381 Milpitas 04/01/2017 05/31/2019 09/12/2018 4 808 West 808 West San Carlos Street San Jose CA 95126 Lease-Up 315 Central San Jose West 02/01/2016 05/31/2019 12/01/2017 5 Flats at Cityline, The 300 West Washington Avenue Sunnyvale CA 94086 Lease-Up 198 Sunnyvale 04/30/2017 04/30/2019 09/01/2018 6 Capitol 650 650 East Capitol Avenue Milpitas CA 95035 Lease-Up 351 Milpitas 02/03/2017 04/30/2019 06/18/2018 7 Turing 1315 McCandless Drive Milpitas CA 95035 Lease-Up 371 Milpitas 11/18/2015 04/30/2019 10/09/2017 Total Lease-Up 3,724 8 1500 - 1646 Centre Pointe 1646 Centre Pointe Drive Milpitas CA 95035 Under Construction 694 Milpitas 12/17/2018 12/31/2020 9 Reserve at San Jose, The 897 South Winchester Blvd San Jose CA 95128 Under Construction 636 04/30/2018 12/31/2020 10 1130 Kifer Road 1130 Kifer Road Sunnyvale CA 94086 Under Construction 520 Sunnyvale 08/03/2018 10/31/2020 11 Nuevo 3505 Kifer Road Santa Clara CA 95051 Under Construction 537 Sunnyvale 09/01/2018 08/31/2020 12 Anton Milpitas 730 East Capitol Avenue Milpitas CA 95035 Under Construction 582 Milpitas 09/04/2017 05/31/2020 13 Graduate, The 300 South 2nd Street San Jose CA 95113 Under Construction 235 Central San Jose 03/12/2018 04/30/2020 14 Modera San Pedro Square 45 North San Pedro Street San Jose CA 95110 Under Construction 201 Central San Jose 12/01/2017 12/31/2019 15 Dean, The 400 San Antonio Road Mountain View CA 94040 Under Construction 583 Mountain View - Los Altos 11/01/2017 11/30/2019 16 Platform, The 1501 Berryessa Road San Jose CA 95133 Under Construction 551 04/02/2018 10/31/2019 17 Santana Terrace 190 North Winchester Blvd Santa Clara CA 95050 Under Construction 92 Santa Clara 05/07/2018 10/31/2019 18 Sunol 345 Sunol Street San Jose CA 95126 Under Construction 269 Central San Jose West 02/28/2018 09/30/2019 19 1777 Almaden Road 1777 Almaden Road San Jose CA 95125 Under Construction 55 09/01/2018 08/31/2019 20 Novo 2268 West El Camino Real Mountain View CA 94040 Under Construction 204 Mountain View - Los Altos 03/05/2018 08/31/2019 21 Gateway Village 3700 El Camino Real Santa Clara CA 95051 Under Construction 476 Sunnyvale 09/01/2016 07/31/2019 22 500 Ferguson Drive 500 Ferguson Drive Mountain View CA 94043 Under Construction 394 Mountain View - Los Altos 11/06/2017 07/31/2019 23 SparQ 598 South 1st Street San Jose CA 95113 Under Construction 105 Central San Jose 03/19/2018 06/30/2019 24 Anton Mountain View 394 Ortega Avenue Mountain View CA 94040 Under Construction 144 Mountain View - Los Altos 05/07/2018 06/30/2019 25 Monterey Gateway Ervin Court & Monterey Road Gilroy CA 95020 Under Construction 75 Gilroy 12/01/2018 06/30/2019 26 James, The 50 North 1st Street San Jose CA 95113 Under Construction 195 Central San Jose 02/01/2016 05/31/2019 27 Great Oaks Boulevard Raleigh Road & Via Del Oro San Jose CA 95113 Under Construction 301 Far South San Jose 03/19/2018 05/31/2019

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 28 138 Stockton Avenue 138 Stockton Avenue San Jose CA 95126 Under Construction 164 Central San Jose West 03/12/2018 05/31/2019 29 955 South 1st Street 955 South 1st Street San Jose CA 95110 Under Construction 51 Central San Jose 02/05/2018 04/30/2019 30 Aura 183 Balbach Street San Jose CA 95110 Under Construction 101 Central San Jose 06/06/2017 04/30/2019 Total Under Construction 7,165 31 150 South 2nd Street Block 3 150 South 2nd Street San Jose CA 95113 Planned 393 Central San Jose 32 Gateway Tower 470 South Market Street San Jose CA 95113 Planned 275 Central San Jose 33 Miro 167 East Santa Clara Street San Jose CA 95112 Planned 600 Central San Jose 34 North San Pedro Tower 323 Terraine Street San Jose CA 95110 Planned 305 Central San Jose 35 Park View Towers 252 North 1st Street San Jose CA 95113 Planned 220 Central San Jose 36 Post Street & San Pedro Street Post Street & San Pedro Street San Jose CA 95113 Planned 230 Central San Jose 37 Summerwind Phase II 2055 Summerside Drive San Jose CA 95122 Planned 103 South San Jose 38 Diridon Station 402 West Santa Clara Street San Jose CA 95113 Planned 325 Central San Jose West 39 Ohlone Phase II, The West San Carlos Street & Sunol Street San Jose CA 95126 Planned 550 Central San Jose West 40 Piper Drive Residential 1256 Piper Drive Milpitas CA 95035 Planned 308 Milpitas 41 358 Hatton Street 358 Hatton Street San Jose CA 95128 Planned 258 West San Jose 42 City Place Santa Clara 5155 Stars and Stripes Drive Santa Clara CA 95054 Planned 1,360 Santa Clara 43 1250 Lakeside Drive 1250 Lakeside Drive Sunnyvale CA 94085 Planned 250 Sunnyvale 44 Atria 1008 East El Camino Real Sunnyvale CA 94087 Planned 108 Sunnyvale 45 Flats at Cityline Phase II, The 300 West Washington Avenue Sunnyvale CA 94086 Planned 94 Sunnyvale 46 North Bayshore Charleston Road & North Shoreline Blvd Mountain View CA 94043 Planned 9,850 Mountain View - Los Altos 47 Condit Evergreen NEC Condit Road & San Pedro Avenue Morgan Hill CA 95037 Planned 182 Morgan Hill 48 195 West Julian Street 195 West Julian Street San Jose CA 95110 Planned 381 Central San Jose Total Planned 15,792 49 5150 El Camino Real 5150 El Camino Real Los Altos CA 94022 Prospective 196 50 1260 East Santa Clara Street 1260 East Santa Clara Street San Jose CA 95116 Prospective 418 Central San Jose 51 27 West 27 South 1st Street San Jose CA 95113 Prospective 374 Central San Jose 52 447 North 1st Street 447 North 1st Street San Jose CA 95112 Prospective 111 Central San Jose 53 70 South Almaden 70 South Almaden Avenue San Jose CA 95113 Prospective 708 Central 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 54 Alamaden Blvd & Park Avenue Alamaden Blvd & Park Avenue San Jose CA 95113 Prospective 260 Central San Jose 55 Aviato 199 Bassett Street San Jose CA 95110 Prospective 800 Central San Jose 56 Balbach Street & South Almaden Blvd 226 Balbach Street San Jose CA 95110 Prospective 87 Central San Jose 57 Carlyle, The 51 Notre Dame Avenue San Jose CA 95113 Prospective 220 Central San Jose 58 Davidson Plaza Towers 255 West Julian Street San Jose CA 95110 Prospective 653 Central San Jose 59 Firestone 477 Market Street San Jose CA 95113 Prospective 130 Central San Jose 60 Garden Gate Tower 600 South 1st Street San Jose CA 95113 Prospective 285 Central San Jose 61 Invicta Towers South 2nd Street & East William Street San Jose CA 95112 Prospective 667 Central San Jose 62 Japantown Square 650 North 6th Street San Jose CA 95112 Prospective 520 Central San Jose 63 North 14th Street & East St. John Street North 14th Street & East St. John Street San Jose CA 95112 Prospective 750 Central San Jose 64 Spartan Heights 100 North 4th Street San Jose CA 95192 Prospective 316 Central San Jose 65 1936 Alum Rock 1936 Alum Rock Avenue San Jose CA 95116 Prospective 94 East San Jose 66 2350 Alum Rock Avenue 2350 Alum Rock Avenue San Jose CA 95116 Prospective 87 East San Jose 67 Alum Rock Avenue & Jose Figueres Avenue 2101 Alum Rock Avenue San Jose CA 95116 Prospective 738 East San Jose 68 Little Portugal Gateway 1663 Alum Rock Avenue San Jose CA 95116 Prospective 121 East San Jose 69 Canoas Garden Avenue & Evans Lane Canoas Garden Avenue & Evans Lane San Jose CA 95125 Prospective 61 South San Jose 70 Cambrian Park Plaza Redevelopment 14900 Camden Avenue San Jose CA 95124 Prospective 344 Far South San Jose 71 1410 South Bascom Avenue 1410 South Bascom Avenue San Jose CA 95128 Prospective 590 Central San Jose West 72 1470 West San Carlos Street 1470 West San Carlos Street San Jose CA 95126 Prospective 81 Central San Jose West 73 250 Grand Avenue 250 Grand Avenue San Jose CA 95126 Prospective 80 Central San Jose West 74 259 Meridian 259 Meridian Avenue San Jose CA 95126 Prospective 120 Central San Jose West 75 740 West San Carlos 740 West San Carlos Street San Jose CA 95126 Prospective 63 Central San Jose West 76 777 West San Carlos 777 West San Carlos Street San Jose CA 95126 Prospective 148 Central San Jose West 77 961 Meridian Avenue 961 Meridian Avenue San Jose CA 95126 Prospective 228 Central San Jose West 78 Delmas Avenue & Park Avenue 201 Delmas Avenue San Jose CA 95110 Prospective 123 Central San Jose West 79 District, The North Autumn Street & West Julian Street San Jose CA 95113 Prospective 2,400 Central San Jose West 80 DuPont Street & McEvoy Street 205 Dupont Street San Jose CA 95126 Prospective 458 Central San Jose West 81 Hanover Diridon 715 West Julian Street San Jose CA 95126 Prospective 249 Central San Jose West

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 82 McEvoy Street & West San Carlos Street 280 McEvoy Street San Jose CA 95126 Prospective 319 Central San Jose West 83 Montgomery 2 543 Lorraine Avenue San Jose CA 95110 Prospective 70 Central San Jose West 84 Montgomery 7 565 Lorraine Avenue San Jose CA 95110 Prospective 54 Central San Jose West 85 Page Street 329 Page Street San Jose CA 95126 Prospective 82 Central San Jose West 86 Park Avenue & Delmas Avenue Park Avenue & Delmas Avenue San Jose CA 95110 Prospective 643 Central San Jose West 87 Race Street Residential 253 Race Street San Jose CA 95126 Prospective 206 Central San Jose West 88 Race Street Terrace 237 Race Street San Jose CA 95126 Prospective 70 Central San Jose West 89 Rail Yard Place Coleman Avenue & Guadalupe Fwy San Jose CA 95110 Prospective 650 Central San Jose West 90 Southwest Plaza at Bascom Station 2050 Southwest Expwy San Jose CA 95126 Prospective 701 Central San Jose West 91 Seely Avenue Montague Expwy & Seely Avenue San Jose CA 95134 Prospective 100 92 720 Montague Expwy 720 Montague Expwy Milpitas CA 95035 Prospective 216 Milpitas 93 Ada Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 218 Milpitas 94 Elion Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 423 Milpitas 95 Gideon Great Mall Pkwy & McCandless Drive Milpitas CA 95035 Prospective 173 Milpitas 96 4146 Mitzi Drive 4146 Mitzi Drive San Jose CA 95117 Prospective 50 West San Jose 97 751 South Winchester Blvd 751 South Winchester Blvd San Jose CA 95128 Prospective 160 West San Jose 98 Dudley Avenue 544 Dudley Avenue San Jose CA 95128 Prospective 110 West San Jose 99 eaves West Valley Phase III 700 Saratoga Avenue San Jose CA 95129 Prospective 300 West San Jose 100 Saratoga Avenue & Stevens Creek Blvd Saratoga Avenue & Stevens Creek Blvd San Jose CA 95129 Prospective 870 West San Jose Stevens Creek Executive Center 101 Redevelopment 4300 Stevens Creek Blvd San Jose CA 95129 Prospective 582 West San Jose 102 Volar 350 South Winchester Blvd San Jose CA 95128 Prospective 307 West San Jose 103 2232 - 2240 El Camino Real 2232 El Camino Real Santa Clara CA 95050 Prospective 151 Santa Clara 104 2233 Calle Del Mundo 2233 Calle Del Mundo Santa Clara CA 95054 Prospective 57 Santa Clara 105 Gateway Crossing 1205 Coleman Avenue Santa Clara CA 95050 Prospective 1,600 Santa Clara 106 Intel Land SWC Freedom Circle & Mission College Blvd Santa Clara CA 95054 Prospective 950 Santa Clara 107 Kylli 3005 Democracy Way Santa Clara CA 95054 Prospective 100 Santa Clara 108 Laguna Clara Phase II 3131 Homestead Road Santa Clara CA 95051 Prospective 407 Santa Clara 109 Lawrence Square 3501 El Camino Real Santa Clara CA 95051 Prospective 701 Santa Clara

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 110 Mariani's Inn 2500 El Camino Real Santa Clara CA 95051 Prospective 392 Santa Clara 111 Mission Town Center 575 Benton Street Santa Clara CA 95050 Prospective 355 Santa Clara 112 Moonlite Lanes 2780 El Camino Real Santa Clara CA 95051 Prospective 158 Santa Clara 113 Santa Clara University Educator Housing 1250 Campbell Avenue San Jose CA 95126 Prospective 295 Santa Clara 114 Tasman East 5102 Calle del Sol Santa Clara CA 95054 Prospective 50 Santa Clara 115 Hamptons Redevelopment, The 19500 Pruneridge Avenue Cupertino CA 95014 Prospective 942 Cupertino 116 1155 Aster Avenue 1155 Aster Avenue Sunnyvale CA 94086 Prospective 412 Sunnyvale 117 311 South Mathilda Avenue 311 South Mathilda Avenue Sunnyvale CA 94086 Prospective 75 Sunnyvale 118 370 San Aleso 370 San Aleso Avenue Sunnyvale CA 94085 Prospective 63 Sunnyvale 119 403 South Mathilda Avenue 403 South Mathilda Avenue Sunnyvale CA 94086 Prospective 100 Sunnyvale 120 Butcher's Corner 871 East Fremont Avenue Sunnyvale CA 94087 Prospective 153 Sunnyvale 121 1255 Pear Avenue 1255 Pear Avenue Mountain View CA 94043 Prospective 650 Mountain View - Los Altos 122 1696 Villa Street 1696 Villa Street Mountain View CA 94041 Prospective 226 Mountain View - Los Altos 123 2700 West El Camino Real 2700 West El Camino Real Mountain View CA 94040 Prospective 211 Mountain View - Los Altos 124 355-415 East Middlefield 355 East Middlefield Road Mountain View CA 94043 Prospective 269 Mountain View - Los Altos 125 525 Evelyn 555 East Evelyn Avenue Mountain View CA 94041 Prospective 471 Mountain View - Los Altos 126 759 West Middlefield 759 West Middlefield Road Mountain View CA 94043 Prospective 75 Mountain View - Los Altos 127 Eaves Mountain View at Middlefield Phase II 555 West Middlefield Road Mountain View CA 94043 Prospective 341 Mountain View - Los Altos 128 Middlefield Crossing 685 East Middlefield Road Mountain View CA 94043 Prospective 100 Mountain View - Los Altos 129 San Antonio Road & California Street 2580 California Street Mountain View CA 94040 Prospective 632 Mountain View - Los Altos 130 Shoreline Boulevard 1001 North Shoreline Blvd Mountain View CA 94043 Prospective 203 Mountain View - Los Altos 131 2755 El Camino Real 2755 El Camino Real Palo Alto CA 94306 Prospective 60 Palo Alto - Stanford 132 Light Tree 1805 East Bayshore Drive East Palo Alto CA 94303 Prospective 100 Palo Alto - Stanford 133 Wilton Court 3705 El Camino Real Palo Alto CA 94306 Prospective 61 Palo Alto - Stanford 134 Wyndham Place Blossom Hill Road & Los Gatos Blvd Los Gatos CA 95032 Prospective 80 Los Gatos - Saratoga 135 1st Street & Kern Avenue 1st Street & Kern Avenue Gilroy CA 95020 Prospective 119 Gilroy 136 8955 Monterey Road 8955 Monterey Road Gilroy CA 95020 Prospective 78 Gilroy 137 Tamien Station Transit Oriented Development 1197 Lick Avenue San Jose CA 95110 Prospective 569 Central 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 138 1380 Main Street 1380 South Main Street Milpitas CA 95035 Prospective 220 Milpitas 139 Agrihood 1834 Worthington Circle Santa Clara CA 95050 Prospective 361 Santa Clara 140 Hills at Vallco, The 10123 North Wolfe Road Cupertino CA 95014 Prospective 800 Cupertino 141 Marina Plaza 10118 Bandley Drive Cupertino CA 95014 Prospective 188 Cupertino 142 1139 Karlstad Drive 1139 Karlstad Drive Sunnyvale CA 94089 Prospective 250 Sunnyvale 143 400 Logue 400 Logue Avenue Mountain View CA 94043 Prospective 412 Mountain View - Los Altos 144 Village Lake Redevelopment 777 West Middlefield Road Mountain View CA 94043 Prospective 716 Mountain View - Los Altos Total Prospective 32,937 TOTAL SAN JOSE 59,618

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