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1500 Solana Boulevard

Pluralsight Leases 26000 Square Feet Office Space At Terraces At Solana In Westlake
LEASEDOffice

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

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.

Players

Seth Singerman

Singerman Real Estate

Landlord

$75M

vol

4 deals

Landlord
SE
Singerman Real EstateLandlord
G
GlenstarLandlord

Roanoke 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