Ali Ghodsi Of Databricks Leases 180400 Square Feet Office At 100 Altair Way Sunnyvale

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.