Updated Mar 19, 2025
Gavin Uberti Of Etched And Rehan Jalil Of Securiti.ai Lease Office At 3155 Olsen Drive
3155 Olsen Drive
Building Size
60,400 SF
Asset Type
Office
Closing
Mar 18, 2025
About this deal
AI
The property asset is an office space located at 3155 Olsen Drive in the San Jose market. It encompasses a total area of 60,400 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Tenant: Gavin Uberti - Etched, Rehan Jalil - Securiti.ai
- Landlord: Donald C. Wood & Jan Sweetnam - Federal Realty Investment Trust
- Lease Date: 03/18/2025
The deal involves key individuals such as Gavin Uberti and Rehan Jalil, representing the tenants in this transaction. Donald C. Wood and Jan Sweetnam act as the landlords representing Federal Realty Investment Trust in this closed lease transaction.
On the Map
Office
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Players
San Jose 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