Hims & Hers signs 15-year lease for 352,012 sq ft Ohio facility

Hims & Hers Health, Inc.

Lease for 352,012 sq ft in New Albany, OH, for office, R&D, lab, manufacturing, and pharmaceutical dispensing.
Initial term 15 years with two 5-year renewal options; base rent starts at ~$5.98M annually ($498,684/month).
Rent abated for first 7 months, then partial abatement of $262,838/month for 5 months post-commencement.
Rent escalates ~3.25% annually; security deposit of $5.98M via letter of credit; parent company guarantees obligations.
Occupancy expected April 2026; facility to support Hims & Hers' pharmaceutical dispensing operations.

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