SAN JOSE — Archer Aviation has leased a San Jose office building that was previously engulfed in a loan failure, bankruptcy, and foreclosure, marking a fresh expansion for the maker of flying electric vehicles.

According to sources familiar with the rental transaction, the tech company leased a 105,000-square-foot building at 10 West Tasman Dr. that is owned by an affiliate of Copia Lending. Colliers commercial real estate brokers David Sandlin, Mark Zamudio, and Greg Galasso were marketing it for lease.

There was a foreclosure of the building’s delinquent loan in October 2024.

Through the foreclosure proceeding, the Copia Lending affiliate placed a value on the office building of $23.7 million, Santa Clara County real estate records show. The lender’s estimated value was 53.8% below

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