Daria Hosseinyoun Of FH One Investments Acquires North San Jose HQ Campus For $29.5M
1109 Mckay Drive
$29,500,000
$265/SF
Building Size
111,000 SF
Asset Type
Office
Closing
Jul 25, 2025
AI
The transaction involved the sale of an office asset located at 1109 & 1151 Mckay Drive, San Jose, with a sale price of $29,500,000. The property encompasses a total square footage of 111,000. This asset is part of the North San Jose HQ campus that was previously owned by Synaptics.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $29,500,000
- Buyer: Daria Hosseinyoun - FH One Investments
- Seller: Synaptics
- Square Footage: 111,000
- Price Per Square Foot: $266
- Market: San Jose
- Note: FH One Investments acquired the property with Synaptics remaining as a tenant under a long-term lease, following a strategic approach to acquire undervalued tech assets.
Daria Hosseinyoun represented FH One Investments in this transaction. The acquisition aligns with FH One’s strategy of investing in undervalued tech assets, particularly after completing a $13M office buy in Concord.
Players
San Jose Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93