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Ali Ghodsi Of Databricks Leases 180400 Square Feet Office At 100 Altair Way Sunnyvale
LEASED
California
See Similar DealsOffice180,400 SF
Leased 02/24/2026
LEASED
Ali Ghodsi Of Databricks Leases 180400 Square Feet Office At 100 Altair Way Sunnyvale
100 Altair Way
See Similar DealsOffice180,400 SF
Leased 02/24/2026
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:180,400 SF
Transaction Type:Lease
The property asset involved in this transaction is an office building located at 100 Altair Way in Sunnyvale, consisting of 180,400 square feet. It is owned by PGIM. The building's strategic location near the Sunnyvale Caltrain station adds to its appeal within the market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 100 Altair Way
- Market: Sunnyvale
- Landlord: Jacques Chappuis - PGIM
- Tenant: Ali Ghodsi - Databricks
- Total Sunnyvale footprint: 635,000 square feet
- Previous lease: 455,000 square feet at Cityline Sunnyvale
- Valuation of tenant: $134 billion
- Expected move-in date: April
Jacques Chappuis represents PGIM in this leasing transaction, while Ali Ghodsi represents Databricks. This deal contributes significantly to Databricks’ expansion and aligns with its upcoming plans, including a potential IPO.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$10,340,419.14
Total Lease Value
$103,404,191.39
Net Landlord Cash Flow$10,340,419.14
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