Updated Aug 11, 2026
David Heard Of Infinera Expands R&D Lease For 102,280 Square Feet At 6375 San Ignacio Ave
6375 San Ignacio Avenue
Building Size
102,280 SF
Asset Type
Office
Closing
Aug 4, 2026
About this deal
AI
The property involved in the transaction is located at 6375 San Ignacio Avenue in San Jose, CA. This office asset spans 102,280 square feet and represents a significant investment in the market. The transaction centers around a research and development lease agreement.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 6375 San Ignacio Avenue
- Market: San Jose, CA
- Square Footage: 102,280
- Tenant: David Heard - Infinera
David Heard, representing Infinera, has signed a lease that will expand the company's research and development capabilities in Silicon Valley, highlighting a strategic move within the tech sector during the second quarter of 2026.
Players
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