Middlefield Crossing is a two-story Office/R&D complex consisting of 175,697 square feet in two buildings located at 675-685 East Middlefield Road in Mountain View, California. Situated on 10.58 acres, the buildings now feature an updated exterior façade, an ample glass line, and dramatic two story lobbies.
Prudential had acquired a 175,697 square foot two story office project from Verisign in 2008, with Verisign leasing back the buildings through December, 2010.
Not unexpectedly, Verisign announced its intention to vacate the buildings at the end of the leaseback term.
The project’s site improvements and exterior architecture were untouched since the original construction in 1980, and the buildings needed dramatic repositioning in order to be competitive in the leasing market.
Prudential selected Orchard Partners to act as developer for the renovation of the project.
Working with its architect, Orchard conceived and designed an integrated market-ready improvement program which included new two-story entries with clear aluminum window frames and glass entry doors; replacement of the existing tile roof with a standing seam metal roof; replacement of window glass; updating of building elevations; and modern landscaping and site circulation.
Orchard shepherded the entitlement process through the City of Mountain View’s architectural review board.
Orchard selected the general contractor and managed construction and consultants of the $6.0 million project.
The project was designed with the goal of LEED Silver Certification; currently we expect the project will achieve LEED Gold Certification.
As construction neared completion, tenant interest accelerated. The project was leased 100% to Siemens Corporation and Zynga prior to completion of construction.
The value added by the project renovation can be estimated at two to three times the project cost.