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RES 88015
City of Pleasanton
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RES 88015
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5/18/2012 3:22:46 PM
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12/3/1999 11:11:28 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
1/5/1988
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KOLL BERNAL AVENUE ASSOCIATES & PATRICIAN ASSOCIATES, INC, <br /> <br /> The developer of Koll Center Pleasanton is The Koll Company acting on behalf of a <br />joint venture of Koll Bernal Avenue Associates and Patrician Associates, Inc. Koll Bernal <br />Avenue Associates is a California general partnership consisting of The Koll Company and <br />certain Koll Company officers. <br /> <br /> The Koll Company <br /> <br /> The Koll Compan was founded in 1962 by Donald M. Koll, Chairman and Chief <br /> Executive Officer. The F~Yoll Company operates regional offices in eight major metropolitan <br /> markets including Seattle, Portland, San Francisco, San Jose, Los Angeles, San Diego, <br /> Phoenix and Newport Beach. The Company's headquarters are located in Newport Beach, <br /> California. <br /> <br /> The Koll Company is a privately held co oration. Major shareholders are officers <br />currently holding key management positions. Th~er~ocng-range goal of the company is to create <br />an investment quality portfolio of office buildings, mixed use commercial centers, office parks <br />and industrial parks. <br /> <br /> Currently the company owns and operates 15.5 million square feet of commercial and <br />industrial properties, projected to reach 20 million square feet by the end of the current fiscal <br />year. The current portfolio of properties has a value in excess of $1.6 billion. The current <br />number of tenants is 4,200 firms. Annual Rents from these tenants is in excess of $120 <br />million. <br /> <br /> Most properties are a joint venture between a Koll Company partnership and a major <br />institutional or corporate artner. The list of current partners include such outstanding firms <br />as Aetna Life Insurance ~ompany, The Bankers Life, John Hancock Mutual Life Insurance <br />Company, The Northwestern Mutual Life Insurance Company, Transamerica Occidental Life <br />Insurance Co., and Wells Fargo Mortgage & Equity Trust. <br /> <br /> More than fifty projects are currently under development throughout the West Coast. <br />Among these are: <br /> <br />Koll Center BellerUe. Bellerue, Washington, $200 million, a 1.5 million square foot mixed-use <br />project with two office towers and a hotel. <br /> <br />Koll Center NOrth Creek. Seattle, Washington; 105 acre site for 1.8 million square feet of <br />research and development facilities. <br /> <br />Koll Center Creekside. Portland, Oregon; a 60 acre research and development park planned <br />for 600,000 square feet of facilities in approximately 15 buildings. <br /> <br />Sierra Point. Brisbane, California; 102 acre site on San Francisco Bay planned for 1.7 million <br />square feet of offices, two hotels with 1,500 rooms and a 600 slip marina. <br /> <br />Koll Center San Jose. San Jose, California; $100 million office center with six buildings on a <br />35-acre site. <br /> <br />Co_vote Valley. San Jose, California; 650 acre industrial park planned for major users of 25- <br />acre or larger sites. <br /> <br />Koll Centerlrvine. Irvine, California; $1 billion mixed-use commercial center on a 95 acre site <br />lanned for four million square feet of office space in 17 buildings, 1,850 hotel rooms in four <br />~otels, and supporting facilities including restaurants, cinemas and retail space. <br /> <br /> <br />
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