other material
confidence high
sentiment neutral
materiality 0.30
ZipRecruiter subleases Santa Monica office space to Lincoln Avenue Capital for $50,120/month
ZIPRECRUITER, INC.
- Sublease with Lincoln Avenue Capital Management for entire Premises at 401 Wilshire Blvd., Suite 1100, Santa Monica.
- Fixed monthly rent of $50,120, subject to annual increase, starting by May 1, 2022 if landlord consents.
- Sublease ends October 31, 2023; subtenant pays security deposit, operating expenses, and taxes.
- Sublease contingent on landlord consent; includes customary representations and indemnities.