Updated May 4, 2026
Dan Cook Of Lyten Renews 57,976 Square Foot Lease At 145 Baytech Drive In San Jose
145 Baytech Drive
Building Size
57,976 SF
Asset Type
Office
Closing
Apr 21, 2026
About this deal
AI
The property involved in this transaction is an office space located at 145 Baytech Drive in San Jose, California. It encompasses a total of 57,976 square feet and is situated in a key area for business operations.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 145 Baytech Drive
- Market: San Jose
- Tenant: Dan Cook - Lyten
- Lease Size: 57,976 square feet
Lyten, represented by Dan Cook, has renewed its lease at its headquarters. The company is a lithium-sulfur battery developer, which is solidifying its North San Jose base following the integration of European assets acquired from bankrupt Northvolt. This renewal marks one of the Bay Area’s largest life sciences leases in early 2026.
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