AeroVironment extends Simi Valley lease to 2030 with monthly rents from $75K to $85K

AeroVironment Inc

Lease for 900 Innovators Way, Simi Valley extended to May 31, 2030; monthly base rent ranges $75,096 to $84,522.
Rent schedule conditioned on executing extensions for 994 and 996 Innovators Way by Dec 31, 2024; otherwise rents increase 13.64%.
Company has option to extend lease for an additional 60 months at then-current market rent (not less than last month's rent).

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