Brett Adcock Of Figure AI Leases 64,000 Square Feet Office Space In San Jose

The asset involved in this transaction is a 64,000-square-foot office building located at 3939 North 1st Street in the San Jose market. This property is utilized for research and development as well as flex space, catering to the needs of contemporary businesses.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 3939 North 1st Street
• Market: San Jose
• Asset Size: 64,000 square feet
• Tenant: Brett Adcock - Figure AI
• Valuation of Tenant: $39B

Brett Adcock, representing Figure AI, has secured the lease for the property, which will serve as their specialized lab and manufacturing space, promoting their growth along the North First Street corridor where their headquarters is located.