Updated Sep 29, 2026
Cerebras Systems Leases 25,038 Square Feet Office At 490 Lakeside Drive In Sunnyvale
490 Lakeside Drive
Building Size
25,038 SF
Asset Type
Office
Closing
Sep 24, 2026
About this deal
AI
The property asset involved in the lease is an office building located at 490 Lakeside Drive in Sunnyvale, CA. It comprises 25,038 square feet of space within the competitive Silicon Valley market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 490 Lakeside Drive
- Market: Sunnyvale, CA
- Tenant: Andrew Feldman - Cerebras Systems
The lease agreement marks a significant expansion for Cerebras Systems in the Silicon Valley area, as it enhances their operational footprint within a critical tech hub. Andrew Feldman represented Cerebras Systems in this transaction.
On the Map
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Mesquite Office Market Snapshot
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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