other material
confidence high
sentiment neutral
materiality 0.30
ZipRecruiter signs lease for new Santa Monica HQ; $8.0M rent over 65 months
ZIPRECRUITER, INC.
- 24,936 sq ft at 3000 Ocean Park Blvd, Suite 3000, Santa Monica, CA 90405.
- Initial term 65 months; one five-year extension option.
- Aggregate estimated rent ~$8.0M over initial term; $123,000 first month rent paid.
- Provided $1.0M letter of credit to landlord.
- Commencement no earlier than June 1, 2025; current HQ lease expires May 2025.