SAB Biotherapeutics enters 5-year lease for Sioux Falls lab/office space from Sanford Health

SAB Biotherapeutics, Inc.

Leases 21,014 sq ft at 2301 E 60th St N, Sioux Falls, SD; term effective Feb 1, 2025 through Dec 31, 2029.
Annual rent $601,630.82 ($28.63/sq ft), paid monthly at $50,135.90; January 2025 rent paid under prior lease.
Annual rent escalates by greater of 2% or CPI starting Jan 1, 2026; either party may terminate with 90 days' notice.
Tenant responsible for maintenance and repairs; Landlord pays utilities, taxes, and base-building maintenance.

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