Updated Mar 18, 2026
Charles Giancarlo Of Everpure Signs 114700 Square Foot Office Sublease From Analog Devices In Santa Clara
2565 Augustine Drive
Building Size
114,700 SF
Asset Type
Office
Closing
Mar 11, 2026
About this deal
AI
The property involved in this lease transaction is an office space totaling 114,700 square feet located at 2565 Augustine Drive in the market of Santa Clara. It is part of a six-story building situated within the mixed-use campus owned by The Irvine Company, specifically known as Santa Clara Square.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Landlord: Analog Devices
- Tenant: Charles Giancarlo - Everpure
- Total Footprint: Approximately 330,000 square feet across two buildings
- Lease Expiration: Extended through 2040
This deal was facilitated by Charles Giancarlo, who represents Everpure as the tenant. The transaction marks a significant expansion for Everpure, allowing it to occupy the entire building previously held under sublease from Analog Devices.
Players
Santa Clara Office Market Snapshot
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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