Updated Sep 4, 2025
George Kurtz Of CrowdStrike Leases 150000 Square Feet Office Space In Sunnyvale's Cityline Development
250 West Washington Avenue
Building Size
150,000 SF
Asset Type
Office
Closing
Aug 29, 2025
About this deal
AI
The property asset involved in this transaction is located at 250 West Washington Avenue in Sunnyvale. It is an office asset with a total square footage of 150,000. This lease marks a significant transaction in the North Silicon Valley market.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 250 West Washington Avenue
- Market: Sunnyvale
- Tenant: George Kurtz
- Company: CrowdStrike
The lease executed by CrowdStrike, under the leadership of George Kurtz, represents a substantial commitment to the area, following a notable lease by Databricks for a much larger office space at the same Cityline development, indicating robust demand from technology companies in the region.
On the Map
Office
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Sunnyvale 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