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150 Rose Orchard Way

NXP Signs Lease For 40,000 Sq Ft Space At Drawbridge Realty's Rose Orchard Campus In San Jose
LEASEDOffice

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

Mark S. Whiting

Drawbridge Realty

Landlord

$1.9B

vol

3 deals

Landlord

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