other material
confidence high
sentiment neutral
materiality 0.30
Corvus Pharmaceuticals enters sub-sublease for 20,916 sq ft in South San Francisco
Corvus Pharmaceuticals, Inc.
- Sublease term of 36 months from later of consent or Feb 1, 2025; option to extend up to May 2030.
- Monthly base rent ranges $33,833 to $47,200 over lease term; prepaid rent of $231,235 applied to first three months.
- Security deposit of $75,000 required; triple net lease with Subtenant paying proportionate share of expenses.
- Premises at 901 Gateway Boulevard, South San Francisco, comprising third floor and first floor space.
- Sublease is from NewLimit under existing prime sublease from Theravance Biopharma.