facebook
Traded Co logo
Submit
Daily limit: 0/10

Elon Musk Leases 105000 Square Feet Office Space From Victor Coleman In Palo Alto

Property Image
LEASED
Elon Musk
Victor Coleman

California

See Similar Deals
Office105,000 SF
Leased 10/30/2025
the dealplayerscompscontact
Property Image
LEASED

Elon Musk Leases 105000 Square Feet Office Space From Victor Coleman In Palo Alto

1500 Page Mill Road

See Similar Deals
Office105,000 SF
Leased 10/30/2025
Elon Musk
Victor Coleman
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:105,000 SF
Transaction Type:Lease

The property asset involved in this transaction is a 105,000 square foot office space located at 1500-1530 Page Mill Road in Palo Alto. This area is part of the growing Silicon Valley market, which has seen renewed interest, particularly in the context of technology and AI leasing.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1500-1530 Page Mill Road
  • Market: Palo Alto
  • Landlord: Victor Coleman - Hudson Pacific Properties
  • Tenant: Elon Musk - xAI

The deal features Victor Coleman representing Hudson Pacific Properties as the landlord and Elon Musk representing xAI as the tenant. xAI is expanding its footprint in Palo Alto, which is strategically located near Tesla's engineering hub, thereby indicating a significant move within the tech sector.

Details

LEASED
IMAGE: Victor Coleman & Elon Musk DATE: 10/30/2025 ADDRESS: 1500-1530 Page Mill Road MARKET: Palo Alto ASSET TYPE: Office ~ SF: 105,000 LANDLORD: Victor Coleman - Hudson Pacific Properties (@HudsonPPI) TENANT: Elon Musk (@ElonMuskkOfficial) - xAI NOTE: xAI is expanding in Palo Alto by leasing approximately 105,000 square feet at Page Mill Center, near Tesla’s engineering hub. This move reflects a broader rebound in the Silicon Valley office market driven by renewed interest in AI and tech leasing.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$6,018,536.64

Total Lease Value

$60,185,366.39

Net Landlord Cash Flow$6,018,536.64