River East Center
1515 SE Water Ave, Portland, OR 97214
9,290 m²
Jones Lang LaSalle America’s Inc., (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in Atrium Innovation Center (the “Property” or “6601-6603 Shellmound”), a 62,898 square foot flex building well-suited for R&D, advanced manufacturing, or life science uses, in Emeryville, California, the East Bay’s leading hub for innovation.
6601-6603 Shellmound resides on a 2.3-acre site on the border of Emeryville and Berkeley, providing proximity to top-tier amenities and elite research talent from UC Berkeley, UCSF, UC Davis, and Stanford University. Emeryville leads the Inner East Bay in R&D and life sciences tenancy and is home to a growing cluster of biotech and pharmaceutical companies, largely concentrated in the I-80/I-580 corridor. Tenants have become increasingly drawn to Emeryville and Berkeley’s infrastructure, proximity to suppliers, and the connectivity amongst other leading life sciences / advanced manufacturing companies.
Atrium Innovation Center offers investors the rare opportunity to acquire a well-positioned conversion opportunity in an A+ location at the border of Emeryville and Berkeley with significant shell and site improvements offering optionality for potential R&D, advanced manufacturing, and life sciences uses.