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Fermi Wang Of Ambarella Corp. Leases 57871 Square Feet Office At 3001 Tasman Drive

Property Image
LEASED
Philip (Phil) Mahoney
BS

California

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Office57,871 SF
Leased 01/08/2025
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Property Image
LEASED

Fermi Wang Of Ambarella Corp. Leases 57871 Square Feet Office At 3001 Tasman Drive

3001 West Tasman Drive

See Similar Deals
Office57,871 SF
Leased 01/08/2025
Philip (Phil) Mahoney
BS
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:57,871 SF
Transaction Type:Lease

Located at 3001 Tasman Drive in the Santa Clara market, the property is an office asset with a total square footage of 57,871. The facility will undergo improvements to accommodate its new tenant.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 3001 Tasman Drive
  • Market: Santa Clara
  • Tenant: Fermi Wang - Ambarella Corp.
  • Brokers: Ben Stern & Philip Mahoney - Newmark

Ambarella Corp. plans to occupy the new office location by September, transitioning from their current site on Jay Street and aiming to house over 200 employees within the facility.

Players

Philip (Phil) Mahoney
Newmark
Philip Mahoney
3 deals$325M volume
BROKER
BS
Ben Stern
1 deal
BROKER

Details

LEASED
IMAGE: Fermi Wang, Ben Stern & Philip Mahoney DATE: 01/08/2025 ADDRESS: 3001 Tasman Drive MARKET: Santa Clara ASSET TYPE: Office ~ SF: 57,871 TENANT: Fermi Wang - Ambarella Corp. BROKERS: Ben Stern & Philip Mahoney - Newmark (@Newmark) NOTE: Ambarella Corp. plans to lease 57,871 square feet at The Quad office campus in Santa Clara, with occupancy expected by September after facility improvements. The new location at 3001 Tasman Drive will serve as the company's executive office, housing over 200 employees as it transitions from its current site on Jay Street.

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Deal Type
Effective Rent (Annual)

$3,317,130.80

Total Lease Value

$33,171,307.98

Net Landlord Cash Flow$3,317,130.80