Cooley LLP Signs 120,000 Square Foot Lease At 1900 Broadway In Redwood City
1900 Broadway
Building Size
120,000 SF
Asset Type
Office
Closing
Apr 15, 2026
AI
The property involved in this transaction is an office asset located at 1900 Broadway, Redwood City, encompassing a total square footage of 120,000. This asset is part of a planned development project spearheaded by Kilroy Realty and Lane Partners.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1900 Broadway
- Market: Redwood City
- Landlord: Angela M. Aman - Kilroy Realty; Lane Partners
- Tenant: Rachel Proffitt - Cooley LLP
Cooley LLP has signed an anchor lease for the office space, which is anticipated to facilitate construction financing for the delayed seven-story project. The deal reflects a trend of legal tenants opting for office locations that are oriented towards transit accessibility.
Players
Redwood City 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