Press Release

NVIDIA Secures $380 Million Synthetic Lease for New Headquarters

July 1, 2015

San Diego – July 1, 2015 – Cooley represented NVIDIA Corporation and its affiliates in a $380 million synthetic lease/structured financing transaction for the construction of NVIDIA's new corporate headquarters in Santa Clara, CA.

The property will consist of a 500,000 square foot futuristic office campus on a 36-acre site in Santa Clara. The financing was made by a syndicate of ten lenders, with Wells Fargo serving as lead arranger and administrative agent.

Founded in 1993, NVIDIA is a publicly traded global company, with over 9,000 employees world-wide. NVIDIA has pioneered the art and science of visual computing and its products and services address the gaming, enterprise, high performance computing, cloud and automotive markets.

The Cooley real estate team advising NVIDIA included partners Samantha LaPine, Shira Nadich Levin and special counsel Dan Goldberger and associates Marlena Schultz, Michelle Schulman, Eduard Cadmus, David Crawford and Erin Ramana. Support was provided by partner Susan Philpot (tax); partner Mischi a Marca (credit finance); and partners Eric Jensen and John McKenna and associates Ryan Spiers and Katherine Webb (corporate).

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 850 lawyers across 12 offices in the United States, China and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.