The property asset involved in this transaction is an office space located at 2 West Santa Clara Street in San Jose. The asset encompasses a total of 6,200 square feet and is classified as office space. The transaction marks the opening of an AI Center for Excellence on the eighth floor of the building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 2 West Santa Clara Street
• Market: San Jose
• Landlord: Stuart Shiff - DivcoWest
• Tenant: Saeed Amidi - Plug and Play

The key individuals involved in this deal are Stuart Shiff, representing DivcoWest as the landlord, and Saeed Amidi, who leads Plug and Play as the tenant. Plug and Play has initiated this partnership with local officials and San Jose State University to promote an AI startup ecosystem. Plans have also been mentioned for creating an AI incubator showroom at 12 South First Street.