NXP Signs Lease For 40,000 Sq Ft Space At Drawbridge Realty's Rose Orchard Campus In San Jose
150 Rose Orchard Way
$55
$55/SF
Building Size
40,000 SF
Asset Type
Office
Closing
Jun 15, 2023
AI
NXP has signed a lease for a 40,000-square-foot space at Drawbridge Realty's Rose Orchard Campus in San Jose. The office space is located at 150 Rose Orchard Way in the Silicon Valley market. The asking rent for the lease is $55 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Address: 150 Rose Orchard Way, San Jose
- Market: San Jose
- Landlord: Drawbridge Realty - Mark Whiting
- Tenant: NXP
- Asking Rent: $55 per square foot
- Square Footage: 40,000
This lease represents an expansion of NXP's presence in Silicon Valley. The deal was facilitated by Drawbridge Realty, with Mark Whiting representing the landlord in the transaction.
Players
Market 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
288418.18%
Cash-on-Cash
-82430.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93