The Towers Emeryville
1900, 2000 & 2200 Powell Street, Emeryville, CA 94608
The Towers Emeryville is a three-building,* Class A office park located on 16.1 waterfront acres across the bay from downtown San Francisco in Emeryville, California. Developed between 1972 and 1985 and renovated in 1998 and 2012, the Towers Emeryville is a trophy-quality property encompassing 815,018 square feet of office space. Current tenant amenities include an on-site cafe and bakery, a full-service bank, dry cleaners, car wash, state-of-the-art fitness center with locker rooms and conference rooms. The property is located near hotels, restaurants and public transportation.
Situated directly along the Emeryville shoreline, the Towers Emeryville enjoys panoramic unobstructed views of the San Francisco Bay, the San Francisco skyline and the Golden Gate Bridge as well as downtown Oakland from virtually every floor — a unique trait within the market. Visible to the commuters that traverse Interstates 80, 580 and 880 every day, the Towers Emeryville sits on one of the most high-profile sites in the Bay Area.
*On July 19, 2019, one of the three buildings, Tower I, was sold for $121,100,000.
Investment at a Glance
Location: Emeryville, CA
Property Type: Class A Office
Acquisition Date: December 23, 2014
Purchase Price: $248,000,000
No. of Buildings: 3*
No. of Stories: 12,12,16
Square Footage: 815,018 SF
Year Built: 1972,1975, and 1985/1998 and 2012
Leased Percentage (at the time of Acquisition): 84%