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1195 Borregas Avenue

Sundar Pichai Of Google Leases 2,100,000 Square Feet Office From Jay Paul In Sunnyvale
LEASEDOffice

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

Sundar Pichai

Broker

$137.8M

vol

13 deals

Broker

Jay Paul

Jay Paul Co.

Landlord

$350M

vol

4 deals

Landlord

Sundar Pichai

Google

Tenant

$137.8M

vol

13 deals

Tenant

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