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4453 North 1st Street

Updated Oct 10, 2025

Ariane Gorin Of Expedia Leases 50000 SF Office Space At 4453 North 1st Street In San Jose
LEASEDOffice

Ariane Gorin Of Expedia Leases 50000 SF Office Space At 4453 North 1st Street In San Jose

4453 North 1st Street

Building Size

50,000 SF

Asset Type

Office

Closing

Oct 3, 2025

About this deal

AI

The property involved in this transaction is an office space located at 4453 North 1st Street in San Jose. The total area of the asset is approximately 50,000 square feet. This office space is situated in the San Jose market, catering to enterprises in need of substantial commercial real estate for operational expansion.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Disclosed
  • Address: 4453 North 1st Street
  • Market: San Jose
  • Asset Size: 50,000 SF
  • Tenant: Ariane Gorin - Expedia

Ariane Gorin represents Expedia in this lease transaction, where the company has secured nearly 50,000 square feet of office space as part of its strategic expansion to enhance its engineering and AI operations, taking advantage of the tech talent available in Silicon Valley.

Players

Ariane Gorin

Expedia

Tenant

1 deal

Tenant
Expedia
ExpediaTenant

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

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