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3155 Olsen Drive

Lathrop GPM Leases 18500 SF Office Space At 3155 Olsen Drive In San Jose
LEASEDOffice

Lathrop GPM Leases 18500 SF Office Space At 3155 Olsen Drive In San Jose

3155 Olsen Drive

Building Size

18,500 SF

Asset Type

Office

Closing

Feb 18, 2026

AI

The property asset involved in the transaction is an office space located at 3155 Olsen Drive in San Jose, covering an area of 18,500 square feet. The market value of this asset falls within the San Jose region.

Summary of transaction details:

CBRE facilitated the 18,500-square-foot office lease at One Santana West on behalf of Lathrop GPM LLP. George Fox, Ham Southworth, and Will Schmidt represented the tenant in the negotiation and acquisition of the space.

Players

George Fox

CBRE

Broker

2 deals

Broker
Lathrop GPM
Lathrop GPMTenant

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