Tony Mestres Of The Sobrato Organization Leases 233,500 Square Feet To Karol Hausman In Mountain View

The property asset involved in this transaction is an office building located at 1300 La Avenida Street, Mountain View, CA. It encompasses a total square footage of 233,500, making it suitable for a significant operation. The market of this asset is noted for its proximity to Google’s headquarters, which may provide advantageous location benefits for tenants.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Landlord: Tony Mestres - The Sobrato Organization
• Tenant: Karol Hausman - Physical Intelligence

This transaction marks Physical Intelligence's first expansion into Silicon Valley from its base in San Francisco. The startup, known for its robotics AI innovations, has garnered substantial financial support, raising over $2 billion since 2024, including a significant investment of $1 billion in May. The company has a team that includes alumni from Google DeepMind and is backed by Alphabet's CapitalG.