other material
confidence high
sentiment neutral
materiality 0.40
Aura Biosciences signs 10-year lease for 29,836 sq ft office/lab space in Brighton, MA; annual base rent ~$3.1M
Aura Biosciences, Inc.
- Lease for ~29,836 sq ft at 80 Guest Street, Brighton, MA; term 10 years from Aug 1, 2022.
- Annual base rent ~$3.1M first year, increasing ~3% annually plus costs/taxes/opex.
- One 7-year extension option; security deposit via $0.77M standby letter of credit.
- Company will occupy office and laboratory space for new principal corporate offices.