This beautiful, 4-story office building had been leased to a single tenant, for their worldwide corporate headquarters. When this tenant relocated its operation to Europe, the ownership engaged Kenmark to refurbish and reposition this valuable asset. Located at the entrance to Redwood Shores, one of the Bay Area’s most prestigious corporate addresses, this building had the benefits of a great location, but was in need of a business plan that combined cost control with an aggressive re-leasing strategy. In response, Kenmark implemented building improvements to bring the property back to its original luster, and created a building identity, supported by sophisticated web-based marketing materials prominently hosted on Kenmark’s website..

Bay Meadows
Development Strategy, Disposition, Implementation

Kenmark completed a land disposition transaction worth more than $30 million for a group of private investors who made a substantial long-term investment in the Bay Meadows Project. The sale transaction involved buyers from Ryland Homes, the nation's largest homebuilder, as well as JPI, Inc., an affiliated company of the Hunt Brother's interests. The complexities of the transaction required all disciplines of Kenmark to participate in the entitlement and predevelopment activities of the project.

Building Operations Center (BOC)
Technology Integration, Support and Monitoring

Kenmark’s Building Operation Center provides owners, managers and tenants with easy online access to the controls and communications that make buildings more comfortable, secure and efficient to operate and manage. Over many years of internal development, Kenmark Controls’ in-house engineering and I.T. professionals collaborated with our own maintenance professionals and property managers, and incorporated their input. The BOC is a web application available
exclusively to Kenmark’s clients and partners. The BOC
aggregates disparate building control systems into one online, remotely managed platform, while providing a communications tool for owners, managers and tenants to post, distribute and initiate building communications. The BOC is also a consolidation platform whereby multiple buildings, in diverse
geographic locations, can be seamlessly integrated into one remotely monitored portfolio.

Carnoustie Housing Development
Entitlements, Project Design, Infrastructure Coordination, General Contractor, Sales & Marketing

Kenmark is implementing development strategies that will secure the final permits for the construction of 33 single-family homes. Situated on an 8 acre site overlooking the prestigious Half Moon Bay Golf Links in Ocean Colony, these homes will offer exceptional design features in a beautiful setting. Once final approvals are in place, the homes will be built by Kenmark Construction and marketed for sale by Kenmark Properties. Kenmark will also construct all of the infrastructure and site improvements. Kenmark Properties Preview Marketing Center is scheduled to open in mid 2006.

Cerus Corporation
Strategic Planning, Tenant Representation, Construction Advisory

Cerus Corporation had already signed their new lease when they became concerned about the cost, scheduling and construction of their new building. In response to the needs of Cerus, Kenmark was hired to provide full time facility management, strategic planning, on-site construction advisory, and tenant representation services. In partnership with Kenmark, Cerus has developed a three-tiered strategic plan addressing short, mid and long-term objectives that is now being implemented.

Faced with the challenge of managing rapid growth, the management of Corixa Corporation in Palo Alto recognized the impact real estate can have on a company's success. Managing their growth from a few thousand feet to more than 150,000 square feet within a few years seemed like a formidable challenge until the founders of Kenmark segmented the process into manageable components. Kenmark achieved Corixa’s occupancy objectives, limited their risks and maintained future flexibility.

Echelon Corporation
Redevelopment, Headquarters Relocation, Facilities Management, Construction Advisory, Building Controls Integration

Over 7 years ago, Kenmark was engaged to represent Echelon as their sole outsourced real estate development partner. At that time, Echelon was searching for balance between corporate growth, employee retention requirements and budget constraints. After touring 75 sites, Kenmark drew upon in-house redevelopment and entitlement capabilities to find an "off radar" campus for Echelon. The first phase of the 500,000 square foot campus that showcases Echelon's LonWorks building controls technology, is now complete on a former, under-performing retail site in San Jose.

Kenmark played a crucial role in the acquisition, development approval processing, design and construction of the 1,000,000 square foot campus for Electronics for Imaging in Foster City. The first two buildings of approximately 500,000 square feet are now completed and fully occupied by EFI. Kenmark's scope of services, from entitlement work through design and construction advisory, ensured the quality results achieved on this exceptional project.

Half Moon Bay Golf Links – Retail & Restaurant Facilities
General Contractor, Design, Construction

Kenmark's in-house development, design and technology expertise have played a valuable role in the development of Ocean Colony; a premier 600 acre mixed use development located in Half Moon Bay, California. Kenmark, already the General Contractor for the new home construction, was engaged to reconstruct a new pro shop and restaurant facility. Kenmark provided assistance with the design modifications and permit approvals, with all construction completed after hours
to prevent any interruptions to regular business hours.

Kenmark Corporate Center, East and West
Redevelopment Strategies, Construction, Technology, Marketing, Finance

When development sites are limited it takes a creative eye to see the potential of redeveloping existing property. In a joint venture partnership with a major local landowner, Kenmark is redeveloping a three acre underutilized site for the construction of a 100,000 square foot office complex. The development will consist of a 75,000 square foot, 3-story building and a 25,000 square foot, 2-story building. Parking will be both surface and underground. The office complex will be integrated into the portfolio of managed properties that Kenmark monitors through the Kenmark Building Operations Center.

Kikkoman and Kenmark share a representation relationship spanning more than 18 years. After negotiating the prior lease of their San Francisco headquarters building on the top floor of the prestigious 50 California building, Kenmark was again engaged to assist Kikkoman with their lease renewal. The challenge was threefold. Kenmark was asked to assist Kikkoman in evaluating their current and future space requirements, to generate a plan to drive efficiencies of operation for their existing space and to provide a qualitative analysis and comparison of three distinct Bay Area markets as potential relocation destinations. A strategic plan was developed to determine the best solution to implement to satisfy corporate culture and employee critical requirements.

LBNL asked Kenmark to participate in a cutting-edge energy management test that could prove the viability of reducing energy consumption during the peak hours of power demand. Through the Building Operations Center (BOC), Kenmark proved that the BOC could accept commands directly from a mock utility company server in order to curtail energy use in multiple buildings. During simulated brownout periods, the test showed instantaneous results, with energy reductions of 50% or more. If more buildings had the capability of a load shed demand response through a system like the BOC, it is possible that the need for new energy plant construction in California could be significantly reduced. This program confirmed the possibility that final annual energy cost saving could range from 10-20% off an entire year's utility billing.

During the booming office market of the late 1990's, Kenmark's team of development professionals identified an undeveloped 4.5-acre parcel of land located within the master planned community of Redwood Shores. Kenmark processed the entitlements for a 95,000 square foot, two-building office complex. The project is now home to a variety of high tech and professional services companies. The land value was increased five-fold and the project became a tremendous financial success.

Located in Monterey, California, this campus consists of 3 buildings totaling 100,000 square feet. The owners’ investment objective was to reposition the property as Monterey's premier corporate address. Kenmark was engaged to design, manage and implement numerous upgrades, including a lobby and common area renovation, a completely redesigned drought-tolerant landscaping plan and state of the art building controls and security systems monitored by Kenmark's Building Operations Center (BOC). These improvements, combined with Kenmark’s on-site property management, have controlled operating costs while increasing rental rates and occupancy percentages to their highest level in the project’s 15 year history.

Kenmark's expertise was called upon to manage the development of Ocean Colony, a premier 600-acre residential, recreational and commercial development located in Half Moon Bay, California. The development includes semi-custom luxury homes, affordable housing units, a variety of commercial buildings and two championship golf courses with a restaurant and pro shop facility. Kenmark's responsibilities range from
development entitlements, with an emphasis on coastal
environmental challenges, to General Contractor for all construction, and current management and marketing of residential property.

Kenmark’s ability to fast track a project and still maintain the highest standards of quality and attention to detail were showcased in the headquarters relocation and consolidation achieved by Openwave. The project went from concept design to a 300,000 square foot building with a 350-seat cafeteria in 12 months. Advisory work has also been completed regarding cost analysis and budget reviews for potential future Openwave locations in Boston and Santa Barbara.

Kenmark, with a group of local investors, purchased a site within the prestigious Redwood Shores development that had virtually no access or project entitlements. Working closely with the City of Redwood Planning Department, the site was eventually approved for the development of a 100,000 sq. ft. hotel. A Marriott Suites Hotel was built by another group of investors, who purchased the land after all entitlements were obtained. The original land value was increased tenfold and today the hotel is an operational success.

This 5-acre retail shopping center site in San Bruno features a successful and locally popular grocery store, but the rest of the center has suffered for many years with severely underperforming, in-line retail. The existing ownership partnered with Kenmark to redevelop the site with single family homes and a vibrant grocery store. Now in the final stages of the approval process, Kenmark anticipates construction to begin on 27 homes in 2006. This project will ultimately provide the community with much needed housing, and create financial incentives to allow the grocery store to continue its operations at this location for many years.

Kenmark Construction, Inc. has been the General Contractor for several phases of new home construction at Ocean Colony. This luxury country club lifestyle community features two championship golf courses, the Ritz Carlton Half Moon Bay, a fully equipped Pro Shop and gourmet restaurant. Kenmark has built over 100 semi-custom homes in this coastal development, each averaging over 4,000 square feet per home. The Spyglass Living subdivision features a number of premier ocean view homes represented for sale by Kenmark Properties.

This 100,000 square foot building, located at the heart of Union Square, is one of San Francisco's premier addresses. Over 7 years ago, Kenmark was chosen to manage the building because of the company's unique approach to providing comprehensive real estate services, which include property management services supported by our Building Operations Center. Kenmark's headquarters are also now located on the top floor of this showcase property.

Turnberry Homes at Ocean Colony
Design, General Contractor, Marketing, Customer Care

The Turnberry housing development was built by Kenmark from 1997 to 1999. With 28 residences ranging in price from $700,000 to over $1,000,000, these homes sold quickly, with final prices well above the original proforma. As infill, surrounded by existing homes in the well-established community of Ocean Colony, this project required perfect planning with seamless execution. Built by Kenmark Construction, this project was on-time and on-budget, and yielded substantial financial results.

This beautiful apartment project provides the local community with much-needed, affordable and market rate housing. Consisting of one and two bedroom units, each floor plan provides inviting outdoor patios overlooking meandering paths, and a children's play area. Constructed by Kenmark Construction, these units have the highest level of quality and attention to detail. Schedule and budget objectives were met, and the project is 100% leased.

This handsomely designed 2 story building was constructed by Kenmark in the years 2000-2001. Kenmark contributed to the design and entitlement strategies that helped this project get underway, while our construction group and skilled carpenters built the complex from the ground up. Beautiful lobby finishes and high quality tenant improvements were added by our in-house design and construction teams. Today, this building has a reputation as one of the area's finest office locations. Wavecrest Corporate Center is now the home of Kenmark's mid-peninsula operations as well as other professional services companies.

Wavecrest Village is a master planned community in the final stages of predevelopment entitlements. Kenmark has worked with the project's investors to complete the approval process, including obtaining required approvals through various federal, local and state government agencies. The community will consist of 150 homes, a new elementary school, and a community-funded boys and girls recreation center.