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
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