Adam Goldstein Of Archer Aviation Leases 105K SF Office At 10 West Tasman Drive In San Jose
10 West Tasman Drive
Building Size
105,000 SF
Asset Type
Office
Closing
Aug 15, 2025
AI
Archer Aviation has leased a 105,000 square foot office building at 10 West Tasman Drive in San Jose, a strategic move to expand its operational footprint. The local market continues to evolve, with this high-profile lease contributing to the area's commercial real estate landscape.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Lease Date: 08/15/2025
- Market: San Jose
- Asset Size: 105,000 SF
- Tenant: Adam Goldstein - Archer Aviation
Adam Goldstein, representing Archer Aviation, facilitated the lease agreement for the office property. This lease comes after the property was recently associated with a loan default, indicating a significant transaction in a shifting market environment.
Players
San Jose Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93