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Nvidia Leases 100,600 Square Feet Office Space At 300 Holger Way San Jose

Property Image
LEASED
Jeff Cushman
Erik Hallgrimson
Steve Horton
+ 1

California

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Office100,600 SF
Leased 12/13/2024
the dealplayerscompscontact
Property Image
LEASED

Nvidia Leases 100,600 Square Feet Office Space At 300 Holger Way San Jose

300 Holger Way

See Similar Deals
Office100,600 SF
Leased 12/13/2024
Jeff Cushman
Erik Hallgrimson
Steve Horton
+ 1
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:100,600 SF
Transaction Type:Lease

The property asset involved is an office space located at 300 Holger Way in San Jose, comprising 100,600 square feet. This three-story building is owned by Menlo Equities and is intended for use as engineering and lab spaces.

Summary of transaction details:

Nvidia has leased the property, indicating a substantial expansion within the AI sector in the region. The lease also signifies a potential recovery for the South Bay office market, contributing to tech job growth in the area.

Players

Steve Horton
Cushman & Wakefield
Steve Horton
7 deals$138.2M volume
BROKER
Kelly Yoder
Cushman & Wakefield
Kelly Yoder
7 deals$138.2M volume
BROKER
Erik Hallgrimson
Cushman & Wakefield
Erik Hallgrimson
2 deals$33M volume
BROKER
Jeff Cushman
Cushman & Wakefield
Jeff Cushman
4 deals
BROKER

Details

LEASED
IMAGE: Richard Holmstrom, Erik Hallgrimson, Jeff Cushman, Kelly Yoder & Steve Horton DATE: 12/13/2024 ADDRESS: 300 Holger Way MARKET: San Jose ASSET TYPE: Office ~ SF: 100,600 LANDLORD: Richard Holmstrom - Menlo Equities TENANT: Nvidia BROKERS: Erik Hallgrimson (@Erik.Hallgrimson), Jeff Cushman, Kelly Yoder & Steve Horton - Cushman & Wakefield NOTE: Nvidia has leased nearly 100,000 square feet at 300 Holger Way in San Jose, signaling a significant expansion in the region's AI sector and potentially marking a recovery for the struggling South Bay office market. The three-story building, owned by Menlo Equities, will be used for engineering and lab spaces, contributing to the area's tech job growth.

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Deal Type
Effective Rent (Annual)

$5,766,331.29

Total Lease Value

$57,663,312.94

Net Landlord Cash Flow$5,766,331.29