FULLY ENTITLED SENIOR HOUSING DEVELOPMENT OPPORTUNITY 21300 OXNARD ST WOODLAND HILLS, CA 91367 FOR 120,626 Square Foot Building SALE Up to 131 Units (200+ beds) OFFERING MEMORANDUM AFFILIATED BUSINESS DISCLOSURE DISCLAIMER CBRE, Inc. operates within a global family of companies with many This Memorandum contains select information pertaining to the subsidiaries and related entities (each an “Affiliate”) engaging in a Property and the Owner, and does not purport to be all-inclusive or broad range of commercial real estate businesses including, but not contain all or part of the information which prospective investors limited to, brokerage services, property and facilities management, may require to evaluate a purchase of the Property. The information valuation, investment fund management and development. At times contained in this Memorandum has been obtained from sources different Affiliates, including CBRE Global Investors, Inc. or Trammell believed to be reliable, but has not been verified for accuracy, Crow Company, may have or represent clients who have competing completeness, or fitness for any particular purpose. All information interests in the same transaction. For example, Affiliates or their is presented “as is” without representation or warranty of any kind. clients may have or express an interest in the property described in Such information includes estimates based on forward-looking this Memorandum (the “Property”), and may be the successful bidder assumptions relating to the general economy, market conditions, for the Property. Your receipt of this Memorandum constitutes your competition and other factors which are subject to uncertainty and acknowledgement of that possibility and your agreement that neither may not represent the current or future performance of the Property. CBRE, Inc. nor any Affiliate has an obligation to disclose to you All references to acreages, square footages, and other measurements such Affiliates’ interest or involvement in the sale or purchase of the are approximations. This Memorandum describes certain documents, Property. In all instances, however, CBRE, Inc. and its Affiliates will including leases and other materials, in summary form. These act in the best interest of their respective client(s), at arms’ length, not summaries may not be complete nor accurate descriptions of the full in concert, or in a manner detrimental to any third party. CBRE, Inc. agreements referenced. Additional information and an opportunity to and its Affiliates will conduct their respective businesses in a manner inspect the Property may be made available to qualified prospective consistent with the law and all fiduciary duties owed to their respective purchasers. You are advised to independently verify the accuracy and client(s). completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK. CONFIDENTIALITY AGREEMENT The Owner expressly reserves the right, at its sole discretion, to reject Your receipt of this Memorandum constitutes your acknowledgement any or all expressions of interest or offers to purchase the Property, that (i) it is a confidential Memorandum solely for your limited use and and/or to terminate discussions at any time with or without notice benefit in determining whether you desire to express further interest to you. All offers, counteroffers, and negotiations shall be non- in the acquisition of the Property, (ii) you will hold it in the strictest binding and neither CBRE, Inc. nor the Owner shall have any legal confidence, (iii) you will not disclose it or its contents to any third party commitment or obligation except as set forth in a fully executed, without the prior written authorization of the owner of the Property definitive purchase and sale agreement delivered by the Owner. (“Owner”) or CBRE, Inc., and (iv) you will not use any part of this Memorandum in any manner detrimental to the Owner or CBRE, Inc. © 2018 CBRE, Inc. All Rights Reserved. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to CBRE, Inc. 3 VARIEL AVE 21300 OXNARD ST WOODLAND HILLS, CA 91367 OXNARD ST CANOGA AVE AVE` 4 THE OPPORTUNITY CBRE, Inc., as the exclusive agent for the owner, is pleased to present an opportunity to acquire a fully-entitled senior housing development site in Warner Center (Woodland Hills, California). The subject property is 1.06 acres located at 21300 Oxnard Street. The land is fully-entitled for a 6-story, approximately 120,626-square foot seniors housing facility to include up to 131 units of assisted living and memory care and 80 subterranean parking spaces. The seniors housing facility will be part of a mixed-use, healthcare development that will also include, on a separate legal parcel, a new medical office building. The planned medical building will be six-stories and will total approximately 112,033 square feet with ground- floor restaurant and retail uses and an attached five-story parking structure containing approximately 331 parking spaces. The medical building development is available as a separate offering. BRYAN LEWITT CHRIS ISOLA FOR MORE INFORMATION, PLEASE CONTACT: Senior Vice President First Vice President CBRE Southern California Healthcare Services Group 213 613 3201 213 613 3204 [email protected] [email protected] Lic. 01012328 Lic. 01454942 5 PROPERTY OVERVIEW Approximate subject parcel ADDRESS FLOOR AREA 21300 Oxnard St. 120,626 SF Woodland Hills, CA 91367 3 7 7 O XNARD ST 9 290 E 33 A Po r , SITE-WIDE FAR I 5 2 13 Po r , TOTAL GROSS LOT Po r , 0 0 23 4 46,433 SF / 1.06-acres 2.7:1 3 4 3 D B Po r , B 14 C C E 30 32 V Po r , B 8 24 A Po r , 290 25 L E I APN* USE APPROVED R 9 A V 2149-002-032 Senior Housing BK C 29 E I 34 D 26 D Po r , 146 Po r , Po r , V Po r , A C ALIFA ZONING PLAN APPROVED A G (WC) Commerce-SN 131 units (200+ beds) O E N S Po r , for assisted living and A A B R C D C Po r , Po r , Po r , Po r , 20 memory care SPECIFIC PLAN AREA PARKING Warner Center 2035 80 subterranean spaces Specific Plan (W.C. 2035 S.P.) *APN is for entire healthcare campus site, seller will secure a lot split prior to closing. 6 MEDICAL OFFICE BUILDING SITE PLAN SENIOR HOUSING FACILITY 46,433 SF / 1.06-acres PARKING STRUCTURE 7 RIVER WARNER CENTER PLAN 2035 WARNER CENTER 2035 PLAN IS A GROWTH NORTH STRATEGY THAT ENCOURAGES AND UPTOWN VILLAGE INCENTIVIZES INFILL DEVELOPMENT AND REDEVELOPMENT OF EXISTING PROPERTIES. • DEVELOPMENT BLUEPRINT EMPHASIZING MIXED-USE AND TRANSIT- ORIENTED DEVELOPMENT, WALKABILITY AND SUSTAINABILITY COLLEGE • ENCOMPASSES 1,100 ACRES DOWNTOWN TOPANGA • TARGETED TO ADD 14 MM SF OF NEW, 21300 OXNARD ST NON-RESIDENTIAL AREA – 12.5 MM SF WOODLAND HILLS, CA 91367 OFFICE AND 2.3 MM SF OF RETAIL • SEEKS DEVELOPMENT OF 23.5 MM SF (20,000) UNITS OF NEW RESIDENTIAL • DIVIDES WARNER CENTER INTO 8 DISTRICTS, EACH WITH ITS OWN PARK DEVELOPMENT GUIDELINES COMMERCE 8 SIGNIFICANT NEW DEVELOPMENTS BELL CANYON PROMENADE 2035 (WESTFIELD) UPTOWN AT WARNER CENTER NEW RETAIL SHOPS (444,744 SF), RESTAURANTS (53,635 SF), OFFICES 47-ACRE FORMER ROCKETDYNE SITE, COULD BE FULLY BUILT-OUT AT 6.035 (285,000 SF), A BOUTIQUE HOTEL (275 ROOMS), AND A COMMUNITY/ MM SF, INCLUDING 1.13 MM SF OF OFFICE, 3.95 MM SF OF RESIDENTIAL CULTURAL CENTER, ALL ANCHORED BY A COSTCO. (3,950 UNITS), 200,000 SF OF RETAIL, AND A 210 ROOM HOTEL. WARNER CENTER CORPORATE ANTHEM BLUE CROSS PARK / ADLER REALTY 25.6-ACRE PARKING LOT WITH 5 PARCELS, CURRENTLY ON THE 24-ACRE SITE, TO BE FULLY BUILT-OUT WITH 9 BUILDINGS AND 2.6 MARKET FOR SALE. APPROVED FOR MORE THAN 5.5 MM SF OF MM SF, INCLUDING 1,000 RESIDENTIAL UNITS, 222 HOTEL ROOMS, OFFICES, RESIDENTIAL, RETAIL AND HOTEL ROOMS. AND 1.4 MM SF OF OFFICE, RETAIL AND RESTAURANTS. 9 SANTA CLARITA BELL CANYON CANOGA PARK CANOGA STATION DE SOTO AVE UPTOWN AT WARNER CENTER TOPANGA METRO ORANGE LINE TOPANGA CANYON BLVD THE VILLAGE PROMENADE 21300 OXNARD ST WOODLAND HILLS, CA 91367 WOODLAND HILLS WOODLAND HILLS CANOGA AVE 10 CONTINUING CARE AT NEARBY SKILLED NURSING FACILITIES 11 MARKET ANALYSIS NAME / ADDRESS CARE LEVELS OCCUPANCY UNIT TYPE MOVE-IN FEE MONTHLY RENTAL FEE CARE SERVICE FEES ATRIA AT TARZANA AL - 112 98% AL Studio $ 7,500.00 $ 6,500.00 Up to $4,455 5325 Etiwanda Avenue AL One Bedroom $ 7,500.00 $ 7,500.00 per month Tarzana, CA 91356 AL Two Bedroom $ 7,500.00 $8,800-10,000 BELMONT VILLAGE ENCINO AL - 92 96% AL Studio $ 4,895.00 $ 4,895.00 Up to $2,350 15451 Ventura Blvd. MC - 44 AL One Bedroom $ 6,920.00 $ 6,920.00 per month Sherman Oaks, CA 91403 MC Studio $ 7,450.00 $ 7,450.00 MC One Bedroom $ 10,000.00 $ 10,000.00 THE VILLAGE AT IL - 191 98% IL Studio $ 4,000.00 $ 5,215.00 Up to $1,600 NORTHRIDGE AL - 84 IL One Bedroom $ 4,000.00 $ 5,920.00 per month 9222 Corbin Ave. IL Two Bedroom $ 4,000.00 $ 7,535.00 Northridge, CA 91324 AL Studio $ 4,000.00 $ 5,935.00 AL One Bedroom $ 4,000.00 $ 6,835.00 AL Two Bedroom $ 4,000.00 $ 8,520.00 BELMONT VILLAGE IL 100% IL Studio $ 17,913.00 $ 7,165.00 Up to $2,400 WESTWOOD AL IL One Bedroom $ 25,088.00 $ 10,035.00 per month 10475 Wilshire Blvd.