fremont, ca 94538 think big - marketing.joneslanglasalle.com
TRANSCRIPT
Think Big
Aerial of Page Technology Center
Mark Bodie tel +1 650 480 2212 [email protected] #: 1941415
Jason Ovadia tel +1 925 944 2168 [email protected] #: 01742912
Contact:
www.pagetechcenter.com
901 Page AvenueFremont, CA 94538
HVAC and chillers
Office space
Loading dock
± 181,690 SF of office, lab and cafeteria space
29.89 acres
Upgraded infrastructure
Think BigPage Technology Center is the largest high-tech manufacturing space available in California, offering +/- 506,490 square feet on 29.9 acres of land with the opportunity to expand up to +/- 160,000 square feet in phase II. Located off I-880 and I-680 in Fremont, Page Technology Center is only 8.8 miles away from San Jose international airport. Within a 36 mile range of the Port of Oakland as well as Oakland & San Francisco international airports. Global manufacturers have the opportunity to take advantage of the West Coast’s biggest, most advanced and well-located facility enabling them to establish manufacturing operations in the nexus of high-technology.
High-Tech Manufacturing SpaceWith its significant facility and infrastructure upgrades, Page Technology Center offers unparalleled speed to market in the heart of Silicon Valley. It provides a scalable and highly flexible mix of +/- 324,800 square feet for manufacturing, warehouse and distribution with an additional +/-181,690 square feet for office, R&D, lab, testing and cafeteria use. The property features state of the art HVAC, electrical, lighting and fire/life safety systems ready to handle the most sophisticated of operations.
Business IncentivesCalifornia has changed its approach to attracting manufacturing. The Governor’s Economic Development Initiative (GEDI)-AB 93 & SB 90 creates economic development tools to strengthen California’s business environment and make California more competitive at the national level. Through Go Biz, California offers a Sales Tax Exemption, a Hiring Tax Credit and the California Competes Credit for businesses looking to locate or expand in the State.
Fremont offers high tech businesses accessibility to a deep pool of educated, tech-savvy talent and proximity to partners and customers in Silicon Valley. Transportation routes and shipping hubs are easily accessible from the Page Technology Center, in proximity to two interstates, multiple rail transport lines, three airports and the Port of Oakland.
Office space
± 324,800 SFmanufacturing/warehouse/distribution space
Entrance of Page Technology Center
Largest high-techmanufacturing space available in California
20 mi
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Oakland Airport
San FranciscoAirport
Daly City
Palo Alto
MountainView
San Mateo
RedwoodCity
Fremont
Sunnyvale
SantaClara
Concord
Stockton
Foster City
Vallejo
Antioch
Berkeley
Oakland
Alameda
Hayward
San Francisco
San José
San JoseAirport
San Francisco Bay
Property Specifications
Property Highlights:• ±25’– ±37’ ceiling clearance
• Typical column spacing 40’ X 40’
• Power: 8 MVA load capacity
• HVAC: ±2,250 tons
• ESFR sprinkler system servicing a portion of the warehouse area
• Manufacturing areas have epoxy- coated ESD concrete slab floor
• +/-2,100 SF raised floor lab area located on the second-story with dedicated CRAC units
• Secured site
Size:
• ±324,800 SF of manufacturing /warehouse/distribution space
• ±181,690 SF of office space, lab and cafeteria (first and second floors)
• Expansion: Up to ±160,000 SF in Phase II
Lighting:
• HID fixtures in the production and warehouse spaces
• Exterior lighting consists of pole and building mounted HID fixtures
Electrical:• 8 MVA at 21 kV
• 4 new electrical substations for electric distribution
Structural:• Earthquake retrofit completed to a structural performance level
S-1, immediate occupancy
Roof System:• New roof installed 2010; warranty through 2020
• Mechanically fastened TPO white membrane roofing system over insulated metal deck
HVAC/Chillers:• 100% HVAC current capacity represents 2,250 tons.
Future capacity up to 3,000 tons
• 2 roof air handlers
• 3 new chillers and cooling towers
• Insulation of new refrigerant monitoring system
• Modification of existing chilled water distribution system
• Insulation of a new process cooling water skid and distribution system
• 2 new tank forms (one has oxygen, argon & helium and the other has 3 large tanks of silicon oil)
Sprinklers:
Class A
T5fluorescent fixtures in the office areas
S-1 Levelstructural performance
± 506,490 SFBuilding situated on 29.89 acres of land
Construction Type:• Concrete Block
• Year Built /Renovated: 1982/2010
APN:• 519-1010-104-01
Parking:• 2.41 spaces /1,000 SF
Zoning:• IR–Restricted Industrial, City of Fremont
Loading:• 16 Dock high/5 Grade level
Amenities:• Fitness center with separate men’s and women’s restroom, shower,
and locker facilities
• Full service commercial kitchen, cafeteria, and outdoor seating area
Location:• Direct access to both Page Avenue and Kato Road
• Excellent I-880 & I-680 access
• Easy Highway 237 access
• Centrally located 8.8 miles away from San Jose international airport. The property is within a 36 mile range of the Port of Oakland as well as Oakland & San Francisco international airports.
1,220parking spaces
36 milesfrom 3 international airports
ESFRSprinkler system inwarehouse area
Site Plan
Manufacturing Equipment Sales Tax Exemption Incentive Type• Sales Tax Exemption
Value of Incentive• Eliminates California portion of sales tax (4.19%)
Maximum Annual Amount• $200 million of equipment regardless of entity type
Getting the Incentive• Benefit immediate-no state tax paid at time of purchase
Business Location• Anywhere in California
Equipment Qualified for Tax Incentive• Basic manufacturing equipment and;
– R&D for manufacturing & biotech
– Addition of necessary tenant improvements (ex: clean rooms)
Hiring CreditMiddle Class Wages• YES-credit based on wages above $12 an hour and up to $28
an hour (or above $10 an hour base in limited pilot areas)
Max Credit Amount• $56,000 per employee (five year total, 2,000 hours)
Credit Calculation• 35% of wages each year for a total of 175%
Employee Qualifications• Persons unemployed 6 months, veterans within one year of
separation, Earned Income Tax Credit recipients, ex-offenders and recipients of CalWorks or general assistance
Poverty Area Targeting• Areas based on census tracts with highest unemployment and
poverty rates as well as LAMBRAS and current enterprise zone boundaries (excluding wealthy areas)
Business Incentives
• Governor’s Economic Development Initiative (GEDI)-AB 93 & SB 90 create economic development tools to strengthen California’s business environment and make California more competitive at the national level
• Sales Tax Exemption- as part of the Governor’s new economic development program, manufacturers state-wide will be eligible for a sales & use tax exemption on the purchase of any new equipment after July 1st, 2014
• Hiring Tax Credit- Businesses located in existing Enterprise Zones, LAMBRAs, and other high unemployment & high poverty areas will be eligible for hiring tax credit of up to 35% of an employee’s wages for a period of five years
• California Competes Credit- GO-Biz will administer a competitive tax credit to California companies based on job creation and retention metrics, economic impact, expansion location, and other criteria
California Employment Training Panel
ETP allows employers to earn up to $26 per training hour per trainee for up to 200 hours of training. Training investments help companies become more competitive and ultimately more profitable.
ETP works for Employers because they make decisions about the training program.
• Assess their own current and projected training needs
• Select the trainee population from existing and recently hired workers as well as any planned hires
• Select their own job skills related training topics including proprietary production skills, lean manufacturing, specialized equipment, continuous improvement, leadership, VESL and others
• Select their own combination of trainers, including internal staff, third party vendors or community colleges and universities
• Select the most effective training delivery method including: classroom, laboratory e-learning and on the job training
• Schedule their training based upon their own needs
Employers assess their training needs, customize curricula to address the specific needs of their businesses, and implement and administer the training plan.
ETP funds encourage further investment in equipment, software and industry driven certifications and do not impact your eligibility for other incentives and tax credits. This helps employers maximize their investment.
ETP funding is a catalyst for future workforce training. Employers who participate in ETP-funded training are more likely to invest in future workforce training. The ETP experience provides them with the practical knowledge and tools to successfully implement a training plan.
ETP works closely with area contracting partners to ease the scheduling burden for employers interested in offsetting their training costs by enrolling the employer within ETP agreement of a local Community College District or Workforce Investment Board.ETP provides individualized technical support for employers throughout the life cycle of the program.
Mark Bodie tel +1 650 480 2212 [email protected] #: 1941415
Jason Ovadia tel +1 925 944 2168 [email protected] #: 01742912
Contact: