Clover Network
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
Location
Sunnyvale, CA
Developer
SHARP Development
General Contractor
Hillhouse Construction
Project Type
Retrofit
Project Specifications
Building: 33,750 sq. ft