Item 2. Properties
Item 2. Properties.
The following table summarizes our principal properties leased as of December 31, 2020:
Principal Properties Leased:
Approximate
Square Feet
Operation
Lease Expiration Dates
San Diego, California
44,681
Laboratory - Research, Office
July 2023
El Segundo, California*
24,250
Laboratory - Research & Manufacturing
July 2023
Culver City, California*
9,500
Laboratory - Research & Manufacturing
December 2021
Woburn, Massachusetts
8,153
Laboratory - Research, Office
May 2022
El Segundo, California*
6,901
Laboratory - Research & Manufacturing
July 2022
Torrance, California**
1,034
Laboratory - Research
June 2027
* Property leased from a related party.
** Represents square footage dedicated to us within the facility, however, the lease also permits
our non-exclusive use of the third party's vivarium premises.
The following table summarizes our principal property owned as of December 31, 2020:
Principal Property Owned:
Approximate
Square Feet
Operation
El Segundo, California
36,434
Distribution Warehouse
For additional information, see Note 9, Commitments and Contingencies, Contractual Obligations – Leases , and Note 10, Related Party Agreements , of the “Notes to Consolidated Financial Statements” included in Part II, Item 8 of this Annual Report.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.