Nubank Leases 32,618 Square Feet At 388 Cambridge Avenue In Palo Alto With Tenant's Rep Ryan Adlesh

The property at 388 Cambridge Avenue in Palo Alto, CA is an office asset with a total square footage of 32,618. The property serves as a part of Presidio Bay’s development and has now reached full occupancy following a lease agreement.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 388 Cambridge Avenue
• Market: Palo Alto, CA
• Landlord: Cyrus Sanandaji - Presidio Bay
• Tenant: Nubank
• Landlord's Representatives: Christian Prelle - Colliers; Mike Courson - Newmark
• Tenant's Representative: Ryan Adlesh - CBRE

Nubank has leased both office floors at the property, adding the Latin American digital bank to the tenant roster alongside ground-floor tenants LFBA Studios and Arsicault Bakery. The lease was finalized less than a year after the property opened, indicating strong demand in the market.