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OpenAI Leases 202400 Square Foot Office At 1411 Harbour Way South In Richmond
LEASED
California
See Similar DealsOffice202,400 SF
Leased 03/27/2026
LEASED
OpenAI Leases 202400 Square Foot Office At 1411 Harbour Way South In Richmond
1411 Harbour Way South
See Similar DealsOffice202,400 SF
Leased 03/27/2026
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:202,400 SF
Transaction Type:Lease
The property asset involved in this transaction is a 202,400-square-foot office located at 1411 Harbour Way South in Richmond. The asset is utilized for industrial and logistics purposes and is situated on a 25.9-acre site.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Square Footage: 202,400
- Address: 1411 Harbour Way South
- Market: Richmond
- Tenant: Sam Altman - OpenAI
This lease agreement marks an expansion of OpenAI's operations in the Bay Area, complementing recent leases in Mountain View and San Francisco, demonstrating the company's growth trajectory in the region.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$11,601,445.86
Total Lease Value
$116,014,458.63
Net Landlord Cash Flow$11,601,445.86
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