235 PRESIDENTIAL WAY
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Location
235 PRESIDENTIAL WAY
Mblu
05/ 01/ 09/ /
Acct#
Owner
ARE-MA REGION NO 95 HOLDING LLC
Total Market Value
$36,303,500
PID
100204
Building Count
2
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$30,260,400$6,043,100$36,303,500

Owner of Record
OwnerARE-MA REGION NO 95 HOLDING LLC
Co-OwnerC/O ALEXANDRIA REAL ESTATE EQUITIES INC
Address26 NORTH EUCLID AVE
PASADENA, CA 91101
Sale Price$129,000,000
Certificate
Book & Page 79629/0126
Sale Date02/01/2022
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ARE-MA REGION NO 95 HOLDING LLC$129,000,000 79629/01261V02/01/2022
PRESIDENTIAL WAY WOBURN LLC$85,300,000 1405/00531V09/15/2011
VV2/LESSOR 235 L.P.$10,563,120 1288/01531B08/03/2004
AG/ND 235 METRONORTH LESSOR, LLC$100 40183/00331B07/29/2003
AG/ND 235 METRONORTH LESSOR, LLC$100 1271/01771B07/29/2003

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 249,747
Replacement Cost: $26,549,829
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$21,239,900
Building Attributes
FieldDescription
Style:Office Bldg
ModelCommercial
GradeExcel
Stories:5
Occupancy1.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseOFFICE BLD MDL-94
Total Rooms 
Total Bedrms00
Total Baths9
Depreciation2 pct
1st Floor Use:3400
Heat/ACHEAT/AC SPLIT
Frame TypeFIREPRF STEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsABOVE AVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 199,263 199,263
BASFirst Floor 50,484 50,484
   249,747 249,747
Building 2 : Section 1
Year Built: 2000
Living Area: 264,060
Replacement Cost: $7,626,766
Building Percent Good: 55
Replacement Cost
Less Depreciation:
$4,194,700
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Garage/Office
ModelCommercial
GradeGood
Stories:4
Occupancy1.00
Exterior Wall 1Reinforc Concr
Exterior Wall 2 
Roof StructureFlat
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelNone
Heating TypeNone
AC TypeNone
Bldg UseOFFICE BLD MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
Depreciation2 pct
1st Floor Use:3400
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingNONE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 198,045 198,045
BASFirst Floor 66,015 66,015
   264,060 264,060

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET249746.00 S.F.$159,8001
ELEVELEVATOR4.00 UNITS$240,0001

Land
Land Use
Use Code3400
DescriptionOFFICE BLD MDL-94  
ZoneI-P2
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.77
Frontage
Depth
Total Market Land$6,043,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  50871.00 S.F.$27,5001
PAV1PAVING-ASPHALT  23888.00 S.F.$21,5002
LT1LIGHTS-IN W/PL  6.00 UNITS$4,1002
LT1LIGHTS-IN W/PL  6.00 UNITS$4,1001

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