Jensen Huang Of Nvidia Acquires Office Building In Santa Clara For $83.2M
2701 San Tomas Expressway
$83,200,000
$665/SF
Building Size
125,000 SF
Asset Type
Office
Closing
Sep 9, 2025
AI
An office building located at 2701 San Tomas Expressway in Santa Clara has been sold for $83,200,000. The property encompasses 125,000 square feet, translating to a price per square foot of approximately $666. This transaction marks a significant addition to Nvidia's portfolio as the company continues its expansion efforts in Silicon Valley.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $83,200,000
- Address: 2701 San Tomas Expressway
- Market: Santa Clara
- Square Footage: 125,000
- Price Per Square Foot: $666
- Buyer: Jensen Huang
- Company: Nvidia
Jensen Huang, representing Nvidia in this transaction, has been pivotal in the company's strategic growth within the technology sector. This acquisition reflects Nvidia's commitment to strengthening its presence in the competitive landscape of Silicon Valley.
Players
Santa Clara 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
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93