Sundar Pichai Of Google Leases 2,100,000 Square Feet Office From Jay Paul In Sunnyvale
1195 Borregas Avenue
Building Size
2,100,000 SF
Asset Type
Office
Closing
Jul 22, 2026
AI
The asset involved in this transaction is an office space with a total of 2,100,000 square feet located at 1151-1195 Borregas Avenue and 1225 Crossman Avenue in Sunnyvale, CA. This property is part of a significant leasing activity in the market, which indicates a renewed demand for prime office spaces in Silicon Valley.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Square Footage: 2,100,000
- Address: 1151-1195 Borregas Avenue & 1225 Crossman Avenue
- Market: Sunnyvale, CA
- Landlord: Jay Paul - Jay Paul Co.
- Tenant: Sundar Pichai - Google
This transaction features Jay Paul representing the landlord, Jay Paul Co., while Sundar Pichai represents the tenant, Google. The recent lease agreements signed by Google demonstrate the company's commitment to maintaining a substantial office presence in the region after a period of reducing its workspace due to the shift towards hybrid work models. This activity is notable as it coincides with the tightening availability of Class A office properties in the market.
Players
Sunnyvale 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