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2000 Powell Street

Sutter Health Leases 14062 Square Feet At Towers In Emeryville Supporting East Bay Expansion
LEASEDOffice

Sutter Health Leases 14062 Square Feet At Towers In Emeryville Supporting East Bay Expansion

2000 Powell Street

Building Size

14,062 SF

Asset Type

Office

Closing

Aug 15, 2025

AI

The property asset involved in this transaction is located at 2000 Powell Street in Emeryville, within the Towers at Emeryville complex. This office space encompasses a total of 14,062 square feet and is situated in a growing market area.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 2000 Powell Street
  • Market: Emeryville
  • Tenant: Warner L. Thomas - Sutter Health

Warner L. Thomas, representing Sutter Health, has leased the aforementioned office space. This transaction is part of Sutter Health's broader growth strategy, which includes the planned development of a $1 billion flagship campus in San Francisco.

Players

SH
Sutter HealthTenant

Emeryville Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93