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11515 Burnet Road

Nvidia Leases 99,370 Sq Ft Office Space At One Uptown From Brandywine Realty Trust
LEASEDOffice

Nvidia Leases 99,370 Sq Ft Office Space At One Uptown From Brandywine Realty Trust

11515 Burnet Road

Building Size

99,370 SF

Asset Type

Office

Closing

Aug 5, 2025

AI

The property involved in this transaction is an office space located at 11515 Burnet Road in Austin, encompassing 99,370 square feet. The asset is part of a 14-story building owned by Brandywine Realty Trust.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Term: 10-year lease
  • Landlord: Gerard H. Sweeney - Brandywine Realty Trust
  • Tenant: Jensen Huang - Nvidia

Gerard H. Sweeney represents Brandywine Realty Trust in this deal, while Jensen Huang represents Nvidia. The lease agreement includes options for additional space for the tenant.

Players

Brandywine Realty Trust
Brandywine Realty TrustLandlord
Nvidia
NvidiaTenant
Nvidia
NvidiaTenant

Austin 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