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12/03/2012
<br />in Redwood City. For more information regarding Harvest Properties Inc. see its website at
<br />%tttt�:f'��Twtif.l�a�Te tpEcrtis.nct. Prudential Real Estate Investments is the real estate
<br />investment business of Prudential Financial, Inc. For more information regarding Prudential
<br />Financial, Inc., see its website at http://"!�A'iA .prudential.coin. The City is not responsible for
<br />the content or accuracy of either of the two foregoing websites, and the websites are not
<br />incorporated into this Official Statement.
<br />Electronic Arts Inc. owns three (3) Taxable Parcels in the District, that are improved
<br />with buildings with a total of 742,003 Developed Commercial Square Feet, including the
<br />Company's headquarters as well as space for sales, marketing, administration and research
<br />and development functions, and a 49,000 square foot conference center. The buildings are
<br />located at 207 and 209 Redwood Shores Parkway and 250 Shoreline Drive in the City. The
<br />three (3) parcels are responsible for 17.11% of the 201.2-2013 Special Tax levy in the District (a
<br />total of $155,185.34), and the combined assessed value of the three (3) parcels for 2012-2013
<br />is $179,850,635.
<br />According to its website, Electronic Arts Inc. was incorporated in 1982, and develops,
<br />markets, publishes and distributes game software content and services that can be played by
<br />consumers on a variety of video game machines and electronic devices (platforms). Its
<br />products include software for video game consoles, such as the Sony Playstation 3, Microsoft
<br />Xbox 360 and Nintendo Wii; personal computers, including the Apple Macintosh; mobile
<br />devices, such as the Apple iPhone and Google .Android compatible phones; tablets and
<br />electronic readers, such as the Apple iPad and the Amazon Kindle, and the Internet, including
<br />social networking sites, such as Facebook. The Company also offers online -delivered content
<br />and services that are add-ons or related to its packaged goods products, such as additional
<br />game content or enhancements of multiplayer services. It provides other games, content and
<br />services that are available only via electronic delivery, such as Internet -only games and game
<br />services, and games for mobile devices.
<br />Additional information regarding Electronic Arts Inc. can be found on its most recent
<br />Form 10-K filed with the Securities and Exchange Commission, and additional information
<br />regarding its products can be found on its website at htt;_): i AAfww.ea.com. The City has no
<br />responsibility for the content or accuracy of the Company's Form 10-K or the information on
<br />the website, and neither any such Form 10-K or such website is incorporated into this Official
<br />Statement.
<br />SPK -Towers @ Shores Center LLC is the owner of two (2) of the Taxable Parcels in the
<br />District, that are improved with two (2) buildings with a total of 340,000 Developed
<br />Commercial Square Feet. The buildings, completed in 2001, are located at 201 and 203
<br />Redwood Shores Parkway in the City. The two (2) parcels are responsible for 7.84% of the
<br />2012-2013 Special Tax levy in the District (a total of $71,108.88), and the combined assessed
<br />value of the two (2) parcels for 2012-2013 is $120,959,791.. The law firm of Weil, Gotshal &
<br />Manges has leased 101,000 square feet of space in one of the buildings, which lease had a 15
<br />year terns. The buildings are currently managed by Cornish & Carey Commercial Newmark
<br />Knight Frank, and more information regarding the two (2) parcels can be found on the Equity
<br />Office website at 1 tt3a:I f``w��T.c'y i t ::?'fic .corn.. The City has no responsibility for the content
<br />or accuracy of the website and it is not incorporated into this Official Statement.
<br />Spieker Properties, Inc., the owner of the parcels when construction of the buildings
<br />commenced, was acquired in 2001 by Equity Office Properties Trust, which was, in turn,
<br />acquired in 2007 by the Blackstone Group. According to Money Manager, Blackstone
<br />properties is now the biggest real estate investment company in the West Coast. The real
<br />estate investment trust of Blackstone Group is also a global company that has offices in 17
<br />-24-
<br />32 RESO. # 15237
<br />MUFF # 505
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