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:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 3155 Olsen Drive
- Market: San Jose
- Tenant: Lathrop GPM
- Brokers: George Fox, Ham Southworth & Will Schmidt - CBRE
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
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