other
confidence high
sentiment neutral
materiality 0.30
Guardant Health extends Redwood City lease through 2030/2031; total ~$50M
Guardant Health, Inc.
- Third Amendment to lease with Metropolitan Life Insurance Co.; extends term to Dec 31, 2030 or 2031 per building.
- Base rent increases 3% annually from 2026; total lease value approximately $50 million.
- Annual lease expense will not be materially changed by the amendment.
- Original lease dated November 2014; previously amended in October 2017 and March 2019.