NVIDIA Secures $380 Million Synthetic Lease for New Headquarters

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).

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