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WeWork Leases 141,000 Square Feet In Santa Clara From Sobrato Organization
LEASED
California
See Similar DealsOffice141,000 SF
Leased 05/20/2025
LEASED
WeWork Leases 141,000 Square Feet In Santa Clara From Sobrato Organization
4980 Great America Parkway
See Similar DealsOffice141,000 SF
Leased 05/20/2025
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:141,000 SF
Transaction Type:Lease
4980 Great America Parkway is an office asset located in Santa Clara, with a substantial square footage of 141,000. This property is part of the Tasman Corporate Center and is leased by WeWork.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 4980 Great America Parkway
- Market: Santa Clara
- Landlord: Tony Mestres - Sobrato Organization
- Tenant: John Santora - WeWork
This transaction marks a significant moment as WeWork has leased the space on behalf of Amazon, representing the company's second major lease in Silicon Valley through WeWork in recent months.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$8,082,034.91
Total Lease Value
$80,820,349.15
Net Landlord Cash Flow$8,082,034.91
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