Updated Dec 16, 2025
Momentus Inc. Subleases 61,100 SF Office At 1762 Automation Parkway From QuantumScape In San Jose
1762 Automation Parkway
Building Size
61,100 SF
Asset Type
Office
Closing
Dec 10, 2025
About this deal
AI
The property asset involved in this transaction is an office space located at 1762 Automation Parkway in San Jose. The total square footage of the building is 61,100 square feet. The market for this property is San Jose.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1762 Automation Parkway
- Market: San Jose
- Landlord: Siva Sivaram - QuantumScape
- Tenant: John Rood - Momentus
- Lease Date: 12/10/2025
John Rood represents Momentus Inc., which signed a sublease for the full manufacturing building from QuantumScape Battery, Inc. Siva Sivaram represents QuantumScape in this transaction. The move by Momentus aligns with its plans to consolidate operations near its current headquarters, which will be available for lease in April 2026. This sublease also reflects QuantumScape's ongoing strategy to reduce its footprint.
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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