Clover Network
A 1970s racquetball court was transformed into a vibrant zero net energy office space with View Smart Windows, that is currently occupied by Clover.
- Leased up at Class A rates
- Achieved $232K additional annual NOI from 10% higher rent + lower OPEX
- $3.6M increased asset value from higher NOI
- Faster lease-up, gaining $800K additional year 1 income
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Location
Sunnyvale, CA -
Developer
SHARP Development -
General Contractor
Hillhouse Construction -
Project Type
Retrofit -
Project Specifications
Building: 33,750 sq. ft.