SILICON VALLEY—December 12, 2014 — Ellis Partners, one of the Bay Area’s most experienced developers, today appointed Cushman & Wakefield as the leasing agent for its 961,000 square-foot campus, 101 Tech, along Orchard Parkway in North San Jose. Cushman & Wakefield’s listing team is comprised of Jeff Cushman, Jim McPhee, Michael McMillan, and Scott Dever.
101 Tech’s existing 296,000 SF newly renovated Class A office/R&D building boasts efficient floor plates and robust infrastructure for extraordinary cost savings. It is also fully-entitled for an additional 665,000 square feet within three proposed Class A office buildings that have unparalleled freeway visibility from Highways 101 and 87.
“Across the Bay Area, Ellis Partners has enjoyed great success with Cushman & Wakefield in leasing several of its Bay Area assets. Now that we’ve completed the renovation of the existing building and received all necessary approvals on our development sites at 101 Tech, we are ready to build on these successes by partnering with C&W on landing the right users” said Jim Ellis, Managing Partner of Ellis Partners, LLC. “I am impressed with the new team’s energy and creativity, which is a critical component in effectively communicating the unique attributes of 101 Tech, as well as conveying Ellis Partners’ reputation of being flexible and attentive to the needs of our tenants.”
“It’s a very exciting time for our Silicon Valley operations,” says Jeff Cushman, C&W Executive Managing Director and Managing Broker. “This recent appointment demonstrates that leading owners such as Ellis Partners are confident in working with Cushman & Wakefield due to our wide-ranging scope of services as a multinational firm, and more specifically, our deep landlord agency experience throughout the Bay Area, the United States, and across the globe. This is our first opportunity to work with Ellis Partners on the landlord agency side in the Valley, and we couldn’t be more thrilled to expand our longstanding partnership.”
About Ellis Partners LLC
Ellis Partners LLC is one of Northern California’s largest commercial real estate investors and developers focused on office, retail, industrial, and mixed-use product types with a 20 year operating history. The firm’s multi-faceted capabilities include land entitlement and development, property repositioning, adaptive-re- use and historic renovation. Ellis Partners also provides leasing expertise, asset management, development and renovation management capabilities to its ventures. www.ellispartners.com
About Cushman & Wakefield
Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 250 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management. www.cushwake.com