BNBuilders Awarded Class A, R&D Building And Parking Structure Developed By Drawbridge Realty

Multi-Million Dollar Project Commences Construction in Q1, 2018

San Diego, CA /PRNewswire/ - BNBuilders is pleased to announce it has been selected to construct Drawbridge Realty's new Class A office building with surface parking and a parking structure on an adjacent site in the Rancho Bernardo area of San Diego. The award comes as BNBuilders recently announced its move to new 10,000-square-foot office to accommodate the firm's exponential growth. As part of its expansion, these new facilities will increase BNBuilders' diverse portfolio of research, healthcare, laboratory, civic, and commercial projects.

BNBuilders' new award features two components: a new, three-story research & development (R&D) office building with 4/1000 surface parking, and an adjacent parking structure to serve existing buildings. The 80,720-square-foot R&D building will be constructed with the concrete tilt-up method, and will feature a glass curtain wall to maximize views of the outdoors. On an adjacent property, BNBuilders will also construct a five-level 92,223-square-foot parking garage to accommodate 269 parking spaces. For both structures, BNBuilders will provide preconstruction and construction work for the site, structural, architectural, plumbing, mechanical, and electrical systems. Construction on the parking garage is anticipated to commence in Q1, 2018, and construction on the R&D building will commence approximately five weeks later provided minimum pre-leasing hurdles are achieved. The buildings are anticipated to be complete in 11 months. The property is being developed by Drawbridge Realty, a privately held real estate investment company headquartered in San Francisco, and designed by San Diego-based Pacific Cornerstone Architects (PCA).

Kevin Thompson, Project Executive at BNBuilders, states, "We are thrilled to work with Drawbridge and PCA to bring this exciting new development to San Diego. Drawbridge's outstanding reputation and the building's sleek design will attract a tenant that values both innovation and style."

About BNBuilders
Founded in 2000 in Seattle, BNBuilders is a West Coast general contractor that specializes in complex projects for clients in the life sciences, education, healthcare, public, and technology sectors. They are known for their innovative solutions to highly technical issues, comprehensive preconstruction services, passion for sustainable construction practices, and commitment to the communities in which they do business. With three offices, 300+ employees, and a strong presence in the California and Washington construction markets, BNBuilders is a leader and preferred contractor on the West Coast. For more information, visit www.bnbuilders.com.

About Drawbridge Realty
Drawbridge is a real estate investment company headquartered in San Francisco which acquires, develops and manages commercial properties nationwide. Drawbridge owns a portfolio of properties leased to large corporations with an emphasis on strategically important operating facilities. Drawbridge has a long history of successfully creating value for corporations and investors including Broadcom, IBM, Google, Johnson & Johnson, L-3 Technologies, Lockheed Martin, Medtronic, Monsanto, National Instruments, Northrop Grumman, and Unisys. The current Drawbridge portfolio is comprised of over 4.3 million square feet and most of its properties are located in growth markets across the United States.