ClearPoint Neuro signs 132-month lease for ~30,171 sq ft in San Diego life science building

ClearPoint Neuro, Inc.

Lease with BRE-BMR SCD LLC for office, R&D, and lab space at $5.95/sq ft initial monthly base rent.
Phased occupancy: Phase 1 basement by June 13, 2025; Phase 2 basement by Dec 19, 2025; first floor by July 1, 2026.
Lease term 132 months from last occupancy date with one five-year extension option; base rent escalates 3% annually.
Tenant must provide a $179,517.45 letter of credit as security; free rent periods structured per phase.
Company expanding existing Solana Beach HQ into larger San Diego facility for growth.

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