Google's Sundar Pichai Leases 154,000 SF Industrial Space In San Francisco
2270 Jerrold Avenue
$3
$3/SF
Building Size
154,000 SF
Asset Type
Industrial
Closing
Jan 20, 2023
AI
An industrial property located at 2270 Jerrold Avenue in San Francisco has been leased by Google's CEO, Sundar Pichai. The property spans an area of 3.5 acres and is managed by Goodman North America. The lease agreement, facilitated by the brokerage firm CBRE, has a term of 62 months.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Lease
- Address: 2270 Jerrold Avenue
- Market: San Francisco
- Tenant: Google - Sundar Pichai
- Broker: CBRE
Sundar Pichai, CEO of Google, has secured a lease for the industrial property at 2270 Jerrold Avenue in San Francisco. The property, managed by Goodman North America, spans 3.5 acres and features a total square footage of 154,000. The lease terms will last for a duration of 62 months, with CBRE acting as the broker for the deal.
Players
San Francisco Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5287666.67%
Cash-on-Cash
-1511231.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93