_h.S1L1coN
~ VALLEY
POWER.
CITY OF SAN TA CLAP.A
~ The Center of Wh111'1 P011slble
Nov. 13, 2024
Storage Equities, Inc.
P .0. Box 25025
Glendale, CA, 91221
SUBJECT: OFFER TO PURCHASE OVERHEAD ELECTRIC EASEMENT
SITE: 881 Duane Avenue
NRS-KRS 11 SkV Transmission Line Project
Dear Storage Equities, Inc.:
The City of Santa Clara, acting by and through its municipally owned utility, Silicon Valley Power (SVP), is currently pursuing acquisition of power line easements to construct, operate, and maintain approximately 2.24 miles of new 115 kilovolt (kV) overhead transmission line from the Northern Receiving Station (NRS) to Kifer Receiving Station (KRS) ("Project"). The power lines that are proposed to be built for the Project requires the acquisition of property rights affecting approximately 7,000 square feet over a portion of your property located at 881 Duane Avenue, Santa Clara, CA and is also identified by the County Assessor as Parcel No. 224-36-039 ("Property").
SVP's primary objective of the Project is to increase system capacity and reliability. The majority of the new 115kV transmission line would be constructed along Lafayette Street, Bassett Street, and Duane A venue. The Project is anticipated to be completed in 2028.
SVP designs its transmission system so that a loss of a single transmission line does not result in the loss of power for its customers. This design philosophy ensures the maximum reliability for its customers. As the power demands of the City grow, so does the necessity to construct infrastructure upgrades, such as this project, to continue to maintain this level of service reliability and increase the power capacity to support load growth and development. SVP is proactive about addressing future reliability issues and committed to providing the best service reliability for its customers.
Our title information shows Storage Equities, Inc., a California corporation to be the owner of the Property. This Property is within the Project area.
Subject to, and upon the terms and conditions set forth herein, SVP offers to purchase the easement area over the Property ("Easement Area"), as described in Exhibit A: Overhead Electric Easement Deed ("Easement Deed") attached hereto. SVP hereby offers the sum of One Hundred Seventy Five Thousand Dollars ($175,000) as just compensation for the acquisition of the Easement Area.
~ SILICON
. VALLEY
POWER.
CITY OF SANTA CLARA
~ The Center of Wh11t'11 Posi;lble
It is the policy of SVP to acquire property interests that are in private interests through voluntary purchase, if possible, and only when it is necessary to do so. In accordance with applicable law, SVP has obtained, reviewed and approved an appraisal to establish the fair market value of the property to be acquired. 1be attached Appraisal Summary outlines the basis for this off er pursuant to Government Code §7267.2.
Pursuant to Code of Civil Procedure §1263.025, SVP offers to pay your reasonable costs up to five thousand dollars ($5,000) for an independent appraisal of the property interests. By law, an appraiser licensed by the Office of Real Estate Appraisers must prepare the independent appraisal.
Although you are not required to obtain an appraisal at this time, or at all, if you believe such appraisal can assist you in evaluating this offer, it is in your interest to obtain an independent appraisal as expeditiously as possible. If you choose to obtain an appraisal, please forward SVP an invoice from your appraiser, identifying the Easement Area and the Property address as the subject of the appraisal and the fee charged.
Materials enclosed for your information include:
• An Easement Deed with Exhibit showing the Easement Area; • The Appraisal Summary for your Easement Area,
The agent assigned to you and to whom you will be working with is John Timmins who can be reached at 801-244-3707 or by email [email protected]. Please contact him if you have any questions or if you wish further clarification of this offer.
If you are agreeable to the purchase amount of this offer for the Easement Area, please indicate your acceptance by signing in the space provided below and return an original signed copy of this letter to John Timmins using the postage paid return envelope, which is enclosed, for your use.
Upon receipt of your acceptance of this purchase off er amount, a contract for sale (Purchase and Sale Agreement) and escrow instructions will be prepared for your execution. SVP will pay all of the conveyance and escrow costs. All taxes and assessments, if any, will be pro-rated, and possession will be delivered to SVP at the close of escrow.
Sincerely,
Manuel Pineda P .E.
Chief Electric Utility Officer
Enclosures:
SVP Easement with Exhibit
Appraisal Summary
Postage paid return envelope
ACCEPTANCE OF OFFER
Jt...SILICON
. VALLEY
POWER.
CITY OF SANTA CLARA
~ The Center of What's Possible
I, ___________ _, am the legal owner of the Property. SVP submitted to me an Offer to purchase Overhead Electric Easement dated November 13, 2024 ("Offer") whereby the City of Santa Clara acting by and through its municipally owned utility, Silicon Valley Power, offered $175,000 as the purchase amount for the acquisition of the Easement Area. By signing below I hereby accept this Off er and the terms and
conditions contained therein. I further represent that I am legally authorized to accept the Offer.
Any and all capitalized terms shall have the meaning ascribed to them in the Offer.
Owner's Name
By: ________ _
Name: _______ _
Title: _______ _
Date: ---------
Recording Requested by:
Office of the City Attorney
City of Santa Clara, California
When Recorded, Mail to:
Office of the City Clerk
City of Santa Clara
1500 Warburton Avenue
Santa Clara, CA 95050
jSPACE ABOVE THIS LINE l<'OR Rl:CORI>ER'S USEJ
EXEMPT FROM RECORDING FEE
PER GOVERNMENT CODE§§ 6103 and 27383
EXEMPT FROM FEE
?ER GOVP.RNMENTCODE § 27388.1 (a)(2)(D)
OVERHEAD ELECTRIC EASEMENT DEED
881 Duane Avenue & APN 224-36-039
Santa Clara, California
For valuable consideration, the receipt of which is hereby aclmowledged, Storage Equities, Inc., a California corporation, (herein "Grantor"), hereby grants to the CITY OF SANTA CLARA, California, a chartered municipal corporation, (herein "Grantee"), an easement and right-of-way (herein "Easement") in, on, over, along and across the real property owned by Grantor in the City of Santa Clara, State of California, described in Exhibit A attached hereto and incorporated herein by this reference ("Easement Area").
This Easement shall be used by Grantee for the purpose of constructing and reconstructing, installing, operating, inspecting, maintaining, repairing, removing and/or replacing overhead electrical transmission systems, electrical distribution system, and communication systems, and appurtenances thereto, including a reasonable right of ingress and egress over adjoining lands of Grantor. In exercising said right of ingress and egress, Grantee shall, wherever practical, use existing roads and lanes across lands of Grantor, if such there be, and if not, by such route or routes as shall result in the least practicable inconvenience to Grantor and any occupants of Grantor's property.
The overhead system will consist of poles, wire supports, wires and conductors suspended from pole to pole, transformers and other equipment mounted on the poles, anchors, guy attachments, and other appurtenances.
Portions of the Easement Area may be used by the Grantor for driveway(s), landscaping (excluding trees), and parking, as will not interfere with the Grantee's use of the Easement. Any other use of the Easement Area by Grantor shall be subject to Grantee's express written consent and only after Grantee's review of plans and specifications and determination that such use will not interfere with its use of the Easement. Grantee may trim any trees or remove any tree or structure which is in or adjacent to the Easement Area which, in its reasonable determination, interferes with its use of the Easement. Grantee may trim any trees which is in or adjacent to the Easement Arca which exceeds a height of 20 Feet or poses a risk of falling onto the Grantee's facilities or equipment located within the Easement.
[SIGNATURE(S) APPEAR ON THE FOLLOWING PAGE]
Page;, 1 of 2 SC xx-xx
224-36 - 039
IN WI1NESS WHEREOF, said granters have hereunto set their hands this ___ day of _________ ,20 __
APPROVED FOR FORM:
Office of the City Attorney
City of Santa Clara
Print Name: ------------- - -
Title: -------------- ----
By: ____________ _
Print Name: ---------------
Title: ------------------
"OWNER" APN 224-36-039 (2024-10)
ALL LEGAL OWNERS OF l'ROPERTY MUST EXECUTE THIS DOCUMENT. IF GRANTOR IS A CORPORATION, THE COMPLETE LEGAL NAME /\ND CORPORATE SEAL OF THE CORPORATION AND CORPORATE TJTLES OF THE PERSONS SIGNING FOR THE CORPORATION SHALL APPEAR ABOVE. WRITTEN EVIDENCE OF AUTHORITY OF PERSON OR PERSONS EXECUTING T]][S DOCUMENT ON BEHALF OF CORPORATION, PARTNERSHIP, OR JOINT VENTURE, OR ANY OTHER ORGANIZATION OTHER THAN A SOLE PROPRllJTORSHIP SHALL BE A TT AC! JED.
ATTACH THE ALL-PURPOSE NOTARY ACKNOWLEDGMENT FORM FOR THE PERSON OR PERSONS EXECUTING "!'HIS DOCUMENT ON BEHALF OF THE GRANTOR.
224-36-039
DESCRIPTION:
EXHIBIT "A"
OVERHEAD ELECTRIC EASEMENT ACROSS:
STORAGE EQUITIES, INC.
881 DUANE AVE.
SANTA CLARA, CALIFORNIA 95054
APN: 224-36-039
EASEMENT AREA: 7,000 SQ.FT.±
SVP REF: SC 1 X-1 XX
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The westerly 25.00 feet of the parcel of land conveyed in that certain Grant Deed recorded December 31, 1986 as Document No. 9092674, in the Office of the Recorder of Santa Clara County (ORSCC), herein after referred to as the Grantor's Parcel, located in the City of Santa Clara, County of Santa Clara, State of California, described as follows:
COMMENCING at a monument located along the centerline of Bassett Street; thence South 1 °06'00" West 1,005.27 feet along the centerline of said Bassett Street (as shown on Page 2 of this Exhibit) to a monument located along the centerline of said Bassett Street; thence continuing South 1 °06'00" West 206.65 feet along said centerline; thence South 88°54'00" East 33.00 feet to the northwesterly corner of said Grantor's Parcel and easterly right-of-way of Duane Avenue and the POINT OF BEGINNING; thence South 75°10'12" East 25.74 feet along the northerly line of said Grantor's Parcel; thence South 1 °06'00" West 286.93 feet to said easterly right-of-way of Duane Avenue and the beginning of a non-tangent curve concave northeasterly having a radius of 54.00 feet; thence northwesterly 40 .18 feet along said curved right-of-way through a central angle of 42°37'54"; thence North 1 °06'00" East 262.77 feet al~ng said easterly right-of-way to the POINT OF BEGINNING. V
CONTAINING: 7,000 sq. ft., more or 1~ 4!' \)~
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THIS DRAWING SHOULD BE USED ONLY AS A REPRESENTATION OF THE LOCATION OF THE EASEMENT BEING CONVEYED. THE EXACT LOCATION OF ALL STRUCTURES, LINES Al'JD APPURTENANCES IS SUBJECT TO CHANGE WITHIN THE BOUNDARIES OF Tl-IE RIGHT OF WAY HEREIN GRANTED REV: 0 DATE: 10-7-24 SCALE:
~o~-gci1T~ c r ~ I (Al STORAGE EQUITIES, INC.
APN: 224-36-039
coN,~lTANH INt 881 DUANE AVE.
SALT LAKE CITY, UTAH SANTA CLARA, CALIFORNIA 95054
NIA BY: GAB CHK: GHH APP: JJC
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POWER.!
CITY OF SANTA CLARA
SHEET: 1 of2
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EXHIBIT "A"
OVERHEAD ELECTRIC EASEMENT ACROSS:
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STORAGE EQUITIES, INC.
881 DUANE AVE.
SANTA CLARA, CALIFORNIA 95054
APN: 224-36-039
EASEMENT AREA: 7,000 SQ.FT.±
S 88°54
1 00" E 33.00' (TIE)
POB
S 75°10'12" E 25.74'
SVP REF: SC 1X-1XX
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PROJECT I.D. 20
STORAGE EQUITIES, INC.
APN: 224-36-039
L=40.18', R=54.00'
~=42°37'54"
LEGEND
~J'i2VZ2 ! EASEMENTAREA
--ROADWAY PLATTED CENTERLINE
~- POWERLINE REFERENCE LINE
~ FOUND SURVEY MONUMENT
THIS DRAWING SHOULD BE USED ONLY AS A REPRESENTATION OF THE LOCATION OF THE EASEMENT BEING CONVEYED. THE EXACT LOCATION OF ALL STRUCTURES, LINES AND APPURTENANCES IS SUBJECT TO CHANGE WITHIN THE BOUNDARIES OF THE RIGHT OF WAY HEREIN GRANTELl REV: O DATE: 10-7-24 SCALE: 1" = 80' BY: GAB CHK: GHH APP: JJC ~.~~a cr~1· ~ t l ~ l C A l STORAGE EQUITIES, INC.
APN: 224-36-039
CON~HIANH INt 881 DUANE AVE.
SALT LAKE CITY, UTAH SANTA CLARA, CALIFORNIA 95054
~ SILICON.
y VALLEY.
POWER. ;
CITY OF SANTA CLARA
SHEET: 2 of 2
Val bridge
PROPERTY ADVISORS
Appendix A
October 8, 2024
City of Santa Clara
Overhead Electric Easement
Appraisal Summary Statement And
Summary of the Basis for Just Compensation
(Pursuant to Government Code Section 7267.2)
3160 Crow Canyon Place, Suite 245
San Ramon, CA 94583
925.327 .1660 phone
408-279-3428 fax
val bridge.com
The following is a statement of and summary of the basis for the appraisal and the amount that Silicon Valley Power has established as just compensation required by California Government Code Section 7267.2. The appraisal on which this summary is based was made in accordance with accepted appraisal principles, consistent with California valuation law.
The purpose of this appraisal is to estimate the fair market value of the proposed acquisition appraised.
Section 1263.320 of the Code of Civil Procedure defines fair market value as:
A. The fair market value of the property taken is the highest price on the date of valuation that would be agreed to by a seller, being willing to sell but under no particular or urgent necessity for so doing, nor obliged to sea, and a buyer, being ready, willing and able to buy but under no particular necessity for so doing, each dealing with the other with full knowledge of all the uses and purposes for which the property is reasonably adaptable and available.
B. The fair market value of property taken for which there is no relevant market is its value on the dote of valuation as determined by any method of valuation that is just and equitable.
The date of value August 8, 2024, which was the date of inspection.
The intended use of this appraisa I is for potential acquisition of easement access rights, which is called the Overhead Electric Easement. The intended user is Silicon Valley Power. © 2024 VALBRIDGE PROPER.TY ADVISORS I NORTHERN CALIFORNIA Page 1 Val bridge
SILICON VALLEY POWER EASEMENT
SUMMARY BASIS OF APPRAISAL
PROPERTY ADVISORS
The scope of work included inspecting the property, research and analysis of comparable data, and highest and best use analysis.
The appraised rights are further identified as follows:
1) The fair market value of a 7,000-square-foot permanent easement.
Statement of the Amount Established as Just Compensation The amount Silicon Valley Power has established as just compensation for the property rights described in the accompanying offer is: $175.000 (One Hundred Seventy-Five Thousand Dollars}.
Summary of Basis for the Amount Established as Just Compensation This Summary of the Basis for the Amount Established as Just Compensation (prepared pursuant to Government Code Section 7267.2) is a summary of the appraisal used by Silicon Valley Power to determine the amount it established as just compensation for an easement. (A) Property Identification - Subject Property
Owner of Record: Storage Equities Inc.
Assessor's Parcel Numbers (APNs): Santa Clara County Assessor's Parcel Number (APN) 224-36-039
Property Address: 881 Duane Avenue, Santa Clara, Santa Clara County, California 95054
Property Transfers in the Past There have been no other transfers within three years.
Three Years:
General Character of Easement
Interest Being Appraised:
Larger Parcel Land Size: 117,612 square feet
Improvements: There is an existing self-storage building on the property.
Topography: Level
Shape: Irregular
© 2024 VALBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA Page 2 Val bridge
PROPERTY ADVISORS
Access:
Utilities:
Envi ro nmenta I Conditions:
Date of Valuation:
Highest and Best Use
Highest and Best Use -
As If Vacant:
Highest and Best Use -
As Improved:
Present Use
Subject Property:
Applicable Zoning:
SILICON VALLEY POWER EASEMENT
SUMMARY BASIS OF APPRAISAL
Access to the Larger Parcel is available off of Duane
Avenue.
Typlcal municipal and public utilities are available.
We did not receive a Phase I report for the Subject
Property, and we assume there are no adverse
environmental conditions.
August 8, 2024
The most probable use of a property which is physically possible, appropriately justified, legally permissible, financially feasible, and which results in the highest value of the property being valued.
Industrial development.
Existing use.
The Larger Parcel is currently used as a self-storage
property.
MH (also known as HI) - Heavy Industrial
(B} Approaches Used in the Appraisal
We employed the "before" and "after" methodology for the Larger Parcel. In the "before" condition, we have not considered the Project.
In the "after" condition, we have considered the impacts attributed to the proposed easement and the Project.
Three methods of valuation can be applied to the appraisal of land. The most often used approach is the Direct Sales Comparison Approach. This method involves the comparison of the subject with recent sales of comparable properties.
A second method of land appraisal is the Land Development Approach. This approach involves estimating the development costs of installing all utilities and off-sites. These costs can be subtracted from a known improved lot value (established by sales comparison) to arrive at an estimate of raw land value or added to the known raw land value to arrive at the value of an improved site. © 2024 VALBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA Page 3 Val bridge
SILICON VALLEY POWER EASEMENT
SUMMARY BASIS OF APPRAISAL
PROPERTY ADVISORS
The third method employed is an Income Residual Method. An estimate is made of the potential net income, which can be earned from the site improved with buildings. The cost of these improvements is estimated to determine the portion of the income needed to supply a fair return on these costs. The residual income is available for a return on the land. Therefore, this income is capitalized into an indicated land value.
For purposes of this appraisal, the Sales Comparison Approach has been employed. Sufficient sales data was available that it was felt this method yielded a reliable result. This is the method that would most often be applied by a typical buyer of this type of property. The comparable sales are provided in Exhibit A.
Sales Comparison Approach
The sales comparison approach is used to derive a value indication by comparing the property being appraised to similar properties that have sold recently, applying appropriate units of comparison, and making adjustments to the comparables based on the elements of comparison.
Based on our analysis of sale comparables provided in Exhibit A, we estimate the land value of the Larger Parcel to be $11,767,200 (land only). This is based on a price per square foot of land of $100 x 117,612 square feet.
(C) Value of Part Taken
We have valued the part taken next. This consists of the value of the permanent easement.
Permanent Easement
In the "after" condition, the highest and best use of the Larger Parcel remains for continuation of the existing use.
For this valuation, the rationale for estimating the easement value can be shown as an equation:
Fee simple land value x % of fee rights being acquired = easement value Based on our experience, an easement that is solely for subsurface utilities, as one example, may command a 10-35% share of the fee rights. As another example, exclusive control of surface rights may capture 90-100% of the fee simple value.
The subject is a perpetual easement. The granter has significant remaining rights at the surface, landscaping, parking and sign age for example. We estimate that the easement encumbers 25% of the total bundle of rights.
Therefore, the fair market value for the permanent easement is estimated at $175,000, or 7,000 square feet x $100 x 25%.
(D) Severance Damages/Benefits Analysis
Severance damages and benefits involve measuring the effect that the "acquisition" and "Project" have on the value of the property remaining, i.e., on the "remainder." The acquisition is not expected to result in any severance damages to the remainder. © 2024 VAlBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA Page4 Val bridge
PROPERTY ADVISORS
SILICON VALLEY POWER EASEMENT
SUMMARY BASIS OF APPRAISAL
The highest and best use of the Larger Parcel upon partial acquisition is unchanged, relative to the "before" condition. We have not identified any damages from the Project.
Benefits result when the value of the remainder increases because of either the Project or the acquisition. Any resulting benefits are offset only against severance damages and not against acquisition value.
Each case for benefits is unique. In the case of the subject, we envision that the electric utility upgrades would be superior relative to the existing conditions. Since we have not identified any severance damages, we have not quantified any potential benefits. (E) Conclusion of Just Compensation and Value in the "After" Condition The market value of the acquisition is shown on the following page. © 2024 VALBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA Page 5 Val bridge
SILICON VALLEY POWER EASEMENT
SUMMARY BASIS OF APPRAISAL
PROPERTY ADVISORS
Summary of Valuation
A Land Value of the whole before acquisition:
B. Value of the part acquired as part of the whole:
Permanent Easement ($100 x 7,000 SF x 25%)
Site Improvements (e.g. trees)
C. Value of the remainder as part of the whole: (Line A less Line B) $175,000
$0
D. Value of the remainder after the acquisition and before consideration of benefits (Line C - Line E)
E. Severance Damages/Cost to Cure
F. Value of the remainder after the acquisition and after considering benefits G. Benefits (Line F less Line D)
H. Net Damages or Net Benefits (Line E minus Line G)
Plus: TCE:
Total
I. Market Value of the Acquisition (Just Compensation) (Line B plus Line H) Subtotal
Rounded
$11,761,200
$175,000
$11,586,200
$11,586,200
$0
$11,586,200
0 $0
lQ
$0
$175,000
$0
$175,000
$175.000
The resulting land value of the remainder in the "after" condition is $11,586,200, or $11,761,200 - $175,000.
© 2024 VALBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA Page 6 Val bridge
PROPERTY ADVISORS
SILICON VALLEY POWER EASEMENT
SUMMARY BASIS OF APPRAISAL
The fair market value for the acquisition is, $175,000, as summarized below:
Value Conclusions: 881 Duane
Net Severance
Permanent Easement Site Improvements Damages Total Fair Marl<et Value Value Type Fair Market Va I ue Fair Market Value Fair Market Value Fair Market Value Property Rights Appraised Permanent ~asement Acquisition Date of Value August 8, 2024 August 8, 2024 August 8, 2024 8/8/20024 Fair Market Value $175,000 $0 $0 Total: $175,000
{rounded)
The previous is a summary of the appraisal prepared at the request of Silicon Valley Power to comply with Government Code Section 7267.2 that fairly and correctly states my opinions and knowledge.
Dated: October 8, 2024
~7~
Josh Fronen, MAI
Managing Director
California Certified License #AG028548
License Expires 12-18-2025
© 2024 VAi.BRiDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA Page 7 Val bridge
PROPERTY ADVISORS
Addenda
Exhibit A: Land Sales
Exhibit B: Easement Area
Office Locations
© 2024 VALBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA
SILICON VALLEY POWER EASEMENT
ADDENDA
Val bridge
PROPERTY ADVISORS
Exhibit A: Land Sales
Comp arable Sales Summary
Comp Price µer SF
SILICON VALLEY POWER EASEMENT
ADDENDA
No. Addros~ COE. date l "'t1d SF Safo Pnc() of lal'ld Gron.tur / GhHHee CHhl R(lcordi11q U 550 East Brokaw Road Feb-24 861,617 $ 80,000,000 $92.85 Cara col Property Owner LLC Sar, Jose Super Micro Computer Inc.
Recording# 25596686
2 1045 Commercial Court Jan-23 108,028 $ 6,500,000 $60.17 Anderson Graves LLC San Jase 1045 Commercial Court LLC
Recording #25431855
3 960 Central Expressway Mar-23 1,788,138 $ 237,761,000 $132.97 Owe11s Corning Insulating Systems LLC Santa CIMa Amazon Com Services LLC
Recording #25445147
3 868 Parker Street Jul-24 39,048 $ 4,900,000 $125.49 ABC Manufacturing Co.
Santa Clara 840 Parker Street LLC
Recording #25661169
© 2024 VALBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA Page 9 Val bridge
PROPERTY ADVISORS
Exhibit B: Easement Area
Permanent Easement
EXHIBIT "A"
SILICON VALLEY POWER EASEMENT
ADDENDA
SVP REF: SC 1X-1.XX
OVERHEAD ELECTRIC EASEMENT ACROSS:
FliET
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STORAGE EQUITIES, INC.
881 DUANE AVE.
SANTA CLARA, CALIFORNIA 95050
APN: 224-36-039
EASEMENT AREA: 7,000 SQ.FT. :1:
LEQIEND
t?777T/7A EASEMENT AREA
-- - --ROADWAY PLATTED CENTERLINE
1--- P --- POWERLINE REFERENCE LINE
- • • - EXISTING EASEMENT LINE
- - ~- - BUILDING SETBACK LINE
-q,- FOUND SURVEY MONUMENT
TH8 DRAWIIIO IHOUI..D IE UlicO o,,,._y ,s A A&Aa<SB<T!ln:»I Of tHE Loc.\llOH OF THE E.\SEMENT IElflO ,;ot;,nllll. 1HE l!XMT LOCAllON Of AIL S'IRVC7\R8, a.<~ /ollD ~IWtCl!I ■ 11<.18JoC:T TO CfWtOE v.mtlN 'llii IOIJhOAllll'I 0, 1MII. ll!OHJ Of WAY IEREIN QRIWTI,Q SCALE: I" = 60' BY:AGD CHI<: GHH APP: JJC
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STORAGE EQUITIES, INC.
APN: 224-36-039
881 DUANE AVE.
SALT LAM[ CITY, UTAH SANTA CLARA. CALIFORNIA 95050
© 2024 VALBRIDGE PROPERTY ADVISORS I NORTHERN CALIFORNIA ♦S:ucoN
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26241 Equity Dr., SW. 101
Daphne. Ai 36526
{251) S29-9090
4245 Baltnotal Dr. SW, Unit #201
Huntsville, AL 35801
(256) 210-1555
4732 Woodmere 81Vd.
Monlgom-01y, AL 96106
{334)W-50n
Ck.."ORNJA
3160 Crow Qir1yon Pl.
San Ramon., CA 94593
(~25) 327~1660
825 Colorado Blvd., StQ. 201
Los Angeles, CA 90041
(626) 486-9'.327
1782211'1 St, Ste. 211
iusun. CA 92780
{714) 449-0852
775 Sumt$e Ave., Ste. 260
Roseville-, CA 95661
~16) 361-2509
1530 Tho9 Alamgda, Ste. 100
Snn Jose, CA 95126
(408) 279--1520
COlORADO
5345 Arapa:hoo AV@,, SM. 6
Boulder, CO 80303
(303) 867~1935
FLORIDA
301 Almeria Ave .. Ste. 350
Coral Gabkls, J:L 33134
(305) 639~8029
3780 Burns Rd., ste. 4
Palm Beach Gardens, FL 33410
(561) 833,5331
3033 Rlvl(ilr.fii Dt;, SLG.106
Naples, R 34103
(:;?39) 514-4646
104HC>
3'910 s. Yeflowstone I-fwy., S1e. B5
Idaho Falls, ID 83-402
(208) 534-5505
1875 N. Lakewood Or.., sta. 100,
C..o-eur d'Afene, ID 83814
(208) 292~2965
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566 W. laka st,, Sm. 240
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(312) 429-0132
lf'ltDlANA
6801 LakQ Plaza Dr-., stB.. C-301
lndlanapons, IN 46220
(317) 687-2747
KAMMS
10990 QuMra Rd., Sl(>, 100
Ovarland Perk, KS 66210
(913) 45H451
l<i:NTUC::KY
1890 Star Shoot Pkwy'.
Lraxlngton, KY 40509
(502) 585-3651
VALBRtDGE PROPERTY ADVISORS
Phooo: (239) 325-8234 I Fmc: (239) 325"'83&6
Each Valbridge ollica is illc/efJf-'Vlrlenliy owned and opera.led.
KfNTUCKY (CONT'D)
9401 Williamsburg Pfaza, Ste. ::204
lotllsVIII@, KY 40222
(502) 585-3651
MARYLAND
moo Dov~di!le et.
MatrlottSVllle, MD 21104
(443) 3:33-5525
MASSACHUSETTS
200 Bear HIii Rd., Ste. 'I06
Waltham, MA 02451
(781) 790-5645
MICHIGAtf
1420 Wnshtngton Ellvd.
Detrort, Ml 48226
(313) 986-3313
2127 Urnll/fli'Slly Patk Dr,
Okiamos, Ml 48864
(517)• 33.6-0001
Mll'#lESOTA
1515 Central Pkwy .. Ste. 120
E.aga111. MN 55121
(651) 370-1475
MISSISSJ>PI
1010 Ford st
Gulfport, MS 39507
(228) 604-1900
224 Avalon Clr.
Brnndao, MS 39047
1001) 85..':t-0736
501i Highway 12 W., Ste., 150-M
Starkvllk.l, MS a9759
(662) 617-2:150
valbrldge.com
mv. 082624
MISSOUR
1118 Hampton Ave., Ste. 208
Sl Lours, MO 63139
(314) 255-1323
NEVN\4
3034 S. Durango Dr., Ste. 100
las Veg~s. NV 89117
(702) 242~9369
151'5 109Iucchl Ln .• Stg, 209
Reno, NV 89502
(775} 204-4100
SOUTH CAROLINA
125□ FaIrn1ont Ave.
Mt. Pleas.ant, SC 29464
(843.) 884-1266
11 Cleveland ct.
Greenvrne, SC 29607
(864) ;233-6277
920 Bay :St, Ste. 26
Bgaufort, SC 29902
(843) 884-1266
TENN[~~
'\IEW .:X,CO 3500 Ringgold Rd., Ste, 3
7301 lndl<1n Schoo! ~d. NE-, Ste-. A Chu1lanc)oga, TN 37412 Atbuque-rqUG, NM 87110 (423) 206·2611
(505} 884-4721
NORTH CARO INA
5950 Falrv!~W Rd., Sle. 405
Charlolio, NC 28-210
(704) 376-5400
NORTI-t DAKOTA
118 Broadway N., Ste. 509
Fargo. ND 58091
(701) 289-1S76
OHIO
213 Fox.Rd.
Knoxville, lN 37922
{8G5) 522,2424
756 Ridge Lake Blvd,, St0-. 225
Memphis, TN 38120
(901] 753-6977
5205 Maryfafld Way, ste. '.202
Bre11twood, TN S7027
(615} 369-0670
1EXAS
U1l
527 E. Pioneer Rd., Ste. 240
Draper, UT 84020
(801} 262-3388
20 North Main st
St. Ge!orge, UT 84770
(4l5) 773-6:100
321 N. County Blvd .. S.e. D
Atnetk:an Fork, Ur 84003
(801) 492-0000
VIRGINIA
656 lndependenee Pk'Ao/ .. Ste. :220
Chosapeak~. VA 23320
(757} 410-1222
1231 AJverser Dr.
Mldlothl{lrt, VA 23113
(757) 345,,,00,0
S107 CGtrter St., Sto. 29
Wllll{lmsb urg, VA 23. \88
(757} 345-0010
WASHINGTON
8378 W, Grandrldge Blvd., StG. 11.Q.D
KtmMWICk, WA 99i36
(509) 221-1540
829B Clough Pike, Ste. 1
Ctnclnn,titl, OH 45244
(S1a} 785,0820
901 Mopac Expy, S., 131dg.1, ste. 300 324 N. Nh,1ll-0n Rd.
Al1Stln, lX 78746 Spokane Valley, WA 99206
{7J7) 242•8585 (509) 747-0999
OKLAHOMA
6666 s. Sheridan Rd., ~e. 104
Tu!1,;a, 01< 74133
(918) 712-9992
10210 Nooh c,:mtrnl E)(py,, SlQ, 115
DEIIDs, TX 75231
(~14) 446-1611
9·74 Campbell Rd., Sle. 204
3121 Quafl Springs Pkwy,. Ste. 150 Houston, lX 71024
Oklahoma Crty, OK 73134 (7l:3} 467_5858
(405) 603-1553
PENWSVLVANIA
900' Wesl Valley Rd., St~. 603
WayM, PA 19-087
(215) 546-1900
4701 Baptist Rd., Ste. 304
Prttsb\jrgh, PA 15227
(412) 881,6080
273181st St
Lubbock, TX79423
(806) 744~1188
~901 ll·M-O WGSl1 Ste. 1035
Son Antonia, TX 78230
(210) 227~6229
WISCONSnril
12660 W. North Ave.
Brwkfielcl, WI 53005
(262) 782-7990
Ii ■ fm (@]
valbrfdge.com