SELECT: Office ------------------------ Kearny South Bay Business Park (X-Nissan Campus) Warner Center Business Park Warnerview Corporate Center 1700 Walnut Torrey Pines Science Center Calabasas Courtyard Vaca Valley Business Park 6330 San Vicente Los Angeles Air Force Base Pasadena Corporate Park Grand Avenue Corporate Center Infonet Build-to-Suit Scripps Northridge Corporate Center Nokia Build-to-Suit Industrial ------------------------ Kearny Industrial Fund Heritage Corporate Center Ocean View Hills Corporate Center 42301 Zevo Drive - Temecula Industrial Bakersfield Airport Business Center City of Industry Otay Crossings Commerce Park Otay Mesa Industrial Century Business Center at Hawthorne Airport Nuevo Business Park Seacliff Business Center Westside Business Centre Remington Business Center Scotts Build-to-Suit Portfolios ------------------------ Distressed Debt Focus Hawthorne Airport Heritage Corporate Center Chevron Land Portfolio Kearny Street Portfolio Union Bank and IBJ Portfolios  Scripps Northridge Corporate Center   Scripps Northridge Corporate Center demonstrates Kearny's flexibility to act as co-developer for the right opportunity and proactively meet the demands presented in the marketplace whether they be land sales, build-to-suits, or speculative development. Scripps Northridge Corporate Center is a 120 acre corporate park offering the finest in office and research building sites. It consists of 48 net acres with the balance dedicated to open space. It is strategically located on Interstate 15 at the north-east Corner of Scripps Poway Parkway and Interstate 15, offering close proximity to all of San Diego, including Downtown and San Diego's Lindbergh International Airport. Freeway 52 and the soon to be completed Freeway 56 provide easy access to coastal San Diego residential and business communities. The Corporate Center offers panoramic view sites, convenient retail support services, direct access to miles of jogging/hiking trails at the Los Penasquitos Canyon Preserve, superb freeway identity and access, and a quality working environment in a campus setting. In May of 1998, Kearny, as co-developer with Lankford and Associates, purchased an unimproved 123- acre site along the I-15 corridor in North San Diego for $8.8 million. The project had remained available and unimproved primarily due to the difficult grading and infrastructure challenges. The grading job included moving two million yards of material. The partnership sold four parcels totaling 20.2 acres to users, developed and sold two award winning Class "A" office build-to-suits for Nokia Mobile Phones totaling 325,000 sf and developed and fully leased a speculative 96,000 sf two-story office building. This project was fully leased to Nokia and Titan Corporation and sold in December 2003 for $20.8 million. The last two lots totaling 10.5 acres including completed plans and steel for a four-story 120,000 sf multi-tenant Class "A" office building where sold to Lankford and Associates in early 2005. The partnership earned a 33% IRR and a 2.5 times equity return. Architect: Davis & Associates Contractor: Hensel Phelps Civil: SB&O, Inc.
		© 2001 Kearny Real Estate Company. Site designed and hosted by Vision Internet.