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
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