Kura Oncology enters lease for new San Diego headquarters, 32,512 sq ft

Kura Oncology, Inc.

Lease of 32,512 sq ft at 4930 Directors Place, San Diego, for new principal executive offices and R&D.
Term 7 years 8 months, one 5-year extension option; monthly rent ~$183,693 first year, 3% annual increases.
Rent abatement up to $2.4M and tenant improvement allowance up to $6.2M.
Early termination right after 5.5 years with 12 months notice and 8 months rent penalty.
Obligation includes base rent and additional rent for operating expenses, taxes, utilities.

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