Vagaro Leases 75,000 Square Feet At Rosewood Commons In Pleasanton With Landlord Christopher Peatross
4430 Rosewood Drive
Building Size
75,000 SF
Asset Type
Office
Closing
May 15, 2025
AI
The property asset involved in the transaction is an office space located at 4430 Rosewood Drive, Pleasanton. The lease covers a total area of 75,000 square feet. This property was leased by Vagaro after downsizing from a previous 106,000-square-foot sublease. The deal reflects the demand for larger office spaces in the area amid an 18% local vacancy rate, which is more favorable than the broader region's 22.6% rate.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 4430 Rosewood Drive
- Market: Pleasanton
- Lease Size: 75,000 square feet
- Landlord: Christopher Peatross - Swift Real Estate Partners
- Tenant: Fred Helou - Vagaro
- Brokers: Francisco Torres, Knute Bucklew, Trent Barmby & Kevin Mechelke - JLL
This lease agreement marks the largest lease along the I-680 corridor for the year 2025. The landlords and brokers involved in this transaction are significant players in the commercial real estate market, reflecting their expertise in facilitating substantial leasing agreements in the region.
Players
Pleasanton 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