---
schema_version: "secwatch.filing_event.v1"
accession: "0001299130-25-000053"
form_type: "8-K"
ticker: "PACB"
cik: "0001299130"
company_name: "PACIFIC BIOSCIENCES OF CALIFORNIA, INC."
filed_at: "2025-03-13T23:59:59+00:00"
generated_at: "2026-05-24T20:27:05.660624+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Pacific Biosciences extends Menlo Park lease to 2034, gets $11.6M rent abatement

## Summary
- Lease term extended to April 30, 2034 from Oct 31, 2027; 180,231 sq ft.
- Base rent ranges from $5.70 to $6.81/sq ft/month; monthly rent ~$1.03M to ~$1.23M.
- Seventeen months rent abatement totaling $11.64M; tenant improvement allowance $7.21M.
- Option to extend through April 2044 at fair market rent.

## SEC filing metadata
- accession: 0001299130-25-000053
- form_type: 8-K
- ticker: PACB
- cik: 0001299130
- company_name: PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
- filed_at: 2025-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1299130/000129913025000053/0001299130-25-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1299130/000129913025000053/pacb-20250307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001299130-25-000053
- JSON: https://secwatch.observer/filing/0001299130-25-000053.json
- Plain text: https://secwatch.observer/filing/0001299130-25-000053.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.