Pluralsight Leases 26000 Square Feet Office Space At Terraces At Solana In Westlake
1500 Solana Boulevard
Building Size
26,000 SF
Asset Type
Office
Closing
Sep 8, 2025
About this deal
AI
The property asset involved in this transaction is an office space totaling 26,000 square feet located at 1500 Solana Boulevard in the Westlake market. It is part of the 1.1 million-square-foot Terraces at Solana complex, owned by Glenstar and Singerman Real Estate, both based in Chicago.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1500 Solana Boulevard
- Market: Westlake
- Landlord: Michael Klein - Glenstar
- Landlord: Seth Singerman - Singerman Real Estate
- Tenant: Erin Gajdalo - Pluralsight
This transaction highlights the role of key individuals: Michael Klein and Seth Singerman represent the landlords in the lease agreement with tenant Erin Gajdalo. Pluralsight is relocating its offices from Utah to this newly leased space.
On the Map
Office
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Roanoke Office Market Snapshot
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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