6601-6603 Shellmound (Atrium Innovation Center)_Property for Sale
6601-6603 Shellmound (Atrium Innovation Center)_Property for Sale
6601 Shellmound St, Emeryville, CA, 94608-1021, US

6601-6603 Shellmound (Atrium Innovation Center)

Asset Description

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.

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Attributes

Building area gross
5,843 m²
Land area gross
0.93 ha
Year built
1950
Year renovated
2023
Number of buildings
1
Parking spaces
86

Media

Investment Highlights

  • Business plan optionality with attractive R&D, Advanced Manufacturing, and Life Sciences conversion potential
  • Exceptional location in the heart of Emeryville/Berkeley - one of the bay area’s highest performing Life Sciences and R&D hubs
  • Opportune time for R&D / Advanced Manufacturing conversion with increasing demand for comparable product
  • Ideal HQ size and location - Emeryville boasts 96 Life Sciences headquarters
  • Significant investment in site and shell improvements in excess of $230 PSF by current ownership
  • Highly desirable building features - 15’- 20’ clear heights, 2,000 amps of power, brand new roof, 150KW generator, and MEP equipment
  • Direct access to highly talented labor pool (UC Berkeley, UCSF, UC Davis, & Stanford University)
6601-6603 Shellmound (Atrium Innovation Center) 4_Property for Sale
6601-6603 Shellmound (Atrium Innovation Center) 4_Property for Sale

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Last updated
26 Aug 2024