other material
confidence high
sentiment neutral
materiality 0.30
Castle Biosciences expands Phoenix office by 5,904 sq ft, extends lease through 2033
CASTLE BIOSCIENCES INC
- Expanded premises include Suite 170, adding 5,904 rentable sq ft for total ~17,820 sq ft.
- Lease term extended to 129 months following expansion completion; expiration approximately 2033.
- Base rent starts at $21.00/sq ft/yr ($31,185/month) with annual $0.50/sq ft increases through ~2033.
- Landlord provides $15.00/sq ft tenant improvement allowance ($88,560); Tenant pays any excess costs.
- Parking rights increase to 65 total spaces, including 5 covered reserved spaces, at no additional charge.