Perceptive Projects

 
 
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Downtown Sacramento, CA

Build to Suit & Project Renovation

  • An existing historical downtown Sacramento building was fully renovated and expanded on a large downtown parcel.

  • Modernized historical building while retaining the majority of the brick exterior to preserve the character of the 1929 building.

  • The building is fully leased to the large architectural firm DGA Architects to serve as their expansion office into the Sacramento market.

  • The property has the opportunity to be expanded into a multi-story mix use development in the future.

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Austin, TX

Project Renovation & Value Add Repositioning

  • 70,388 sq. ft. on 4.2 acres.

  • 100% NNN leased to Younicos, Jones Carter and Mutual Mobile as corporate or regional HQ facilities.

  • Strong location in the southeast Austin submarket, within 5 minutes of Austin International Airport and 10 minutes of downtown Austin.

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Austin, TX

Project Renovation into a Biotech Incubator Facility

  • 20,762 sq. ft. on 0.05 acres.

  • Class A, 3-story office and laboratory building.

  • Leased to Xeris Pharmaceuticals.

  • Building served as the worldwide headquarters location of Xeris Pharmaceuticals.

  • Strong location - Directly adjacent to the #1 ranked medical clinic in Austin, St. David's Medical Center, 3 minutes from downtown Austin, and within walking distance from the University of Texas at Austin and the new UT Dell Medical School and Hospital.

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Palo Alto, CA

Corporate Seller - Project Converted to a Palo Alto Life Sciences Building

  • 32,820 sq. ft. on 2.1 acres.

  • Two-story, life science facility in a prime Palo Alto location off of Highway 101.

  • Architecturally distinct, Class A, office and laboratory space with a dramatic atrium and modern entry canopy.

  • Tenant space is a mixture of private offices, open office, chemistry and biology labs and GMP manufacturing space.

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Mountain View, CA

Corporate Seller - Converted to a Stabilized Class A Office Building

  • 20,813 sq. ft. on 1.2 acres.

  • Single-story office / R&D building located in the prestigious Mountain View Shoreline submarket.

  • Asset was completely renovated upon tenant's occupancy with high end, interior Class A, reusable office improvements from a warm shell.

  • Upon completion of renovation, the project was 100% leased to investment grade Fortune 100 tenant.

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Santa Clara, CA

Vacant 1980’s Vintage Shell Converted Into a Market Ready Class A Office Building

  • 74,035 sq. ft. on 4 acres.

  • Vacant two-story office / R&D building, acquired and renovated to market ready condition.

  • Improvements included state-of-the-art HVAC systems, new lobby, new restrooms, new exterior design and market ready interiors.

  • Desirable location within a few blocks from new San Francisco 49ers stadium in Santa Clara, CA.

  • Property sold to owner user for its West Coast Headquarters.

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Mountain View, CA

Project Renovation & Value Add Repositioning

  • 62,742 sq. ft. on 4.4 acres.

  • One-story, office / R&D building. 

  • Acquired vacant, outdated property below replacement cost.

  • Renovated entire project to modernize facility.

  • Sold project for a substantial profit upon completion of interior and exterior renovations.

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South San Francisco, CA

Build to Suit/Development

  • 155,685 sq. ft. on 6.7 acres.

  • Provided capital quickly to distressed corporate seller.

  • Modified property zoning to life sciences use.

  • Developed two-story, Class A, steel frame office and research building.

  • 100% pre-leased to a biotechnology company as their future corporate headquarters.

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Fremont, CA

Corporate Sale/Value Added Repositioning

  • 44,352 sq. ft. on 7 acres.

  • Single-story office/R&D building. 

  • Acquired vacant property from a corporate user.

  • Completed interior and exterior renovation from manufacturing to office/R&D use. 

  • Located in the Ardenwood Biotechnology Park.

 

Fremont, CA

Vacant Two-Story 1980’s Vintage Former Trade School Along with Excess Land and Dormitory

  • Renovated existing 100,800 sq. ft. trade school into a life science headquarters and laboratory building and subsequently leased the entire building to cancer genomics company, Personalis, Inc.

  • Completed exterior and interior renovation Q1 2023.

  • Currently implementing the design and entitlements for an additional biotech office and R&D building consisting of approximately a two-story 84,000 sq. ft. life science building.

  • Currently designing a renovation of the existing approximately 84,000 sq. ft. foot dormitory building into either a medical clinic use or hotel use.

  • Project size when completed will total approximately 270,000 sq. ft.