other material
confidence high
sentiment neutral
materiality 0.25
Pro-Dex extends Irvine lease to Sept 2030 with escalating base rent
PRO DEX INC
- Lease term extended to September 30, 2030; amendment effective August 18, 2026.
- Base rent rises from $47,615.22/mo through Sep 2027 to $52,791.84/mo for Oct 2029-Sep 2030.
- Lessee assumes sole cost for all tenant improvements and roof repairs; lessor has no improvement obligation.
- Lessee granted unreserved use of up to 96 parking spaces in the building lot.