Astera Labs Expands Operations With 154200 Square Feet Lease In San Jose Office Complex

The property asset involved in this transaction is an office complex located at 2315 and 2345 North First Street in San Jose. The total square footage of the asset is 154,200 square feet, contributing to a comprehensive office solution in the market. This lease transaction is notable within the region's office market landscape.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 2315 & 2345 North First Street
• Market: San Jose
• Landlord: Tony Mestres - Sobrato Organization
• Tenant: Jitendra Mohan - Astera Labs
• Broker Representatives: Mike Filice & Vincent Scott - CBRE
• Lease Duration: 7.5 years
• Expansion Option: Yes

Key individuals in this transaction include Tony Mestres, who represents the Sobrato Organization as the landlord, and Jitendra Mohan, the tenant from Astera Labs. The brokerage services were provided by Mike Filice and Vincent Scott from CBRE, facilitating this significant lease agreement that enhances Astera Labs' operational capacity in the South Bay region.