Item 2. Properties
Item 2.
Properties.
Washington
Our corporate headquarters are located in Seattle, Washington, where we lease approximately 25,898 square feet of office and laboratory space
pursuant to a lease agreement which was executed in November 2018 and expires in December 2026. We also lease approximately 22,188 square feet of space which we intend to build out into laboratory space, pursuant to a sublease agreement which
commenced in September 2020 and expires in April 2028.
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Index to Financial Statements
California
We occupy approximately 66,075 square feet of office and laboratory space in South San Francisco, California, pursuant to a lease agreement
which commenced in November 2018 for 32,978 square feet and was amended to include an additional 33,097 of square feet in December 2019, and expires in April 2030.
Massachusetts
We lease
approximately 24,386 square feet of office and laboratory space pursuant to the lease agreement executed in September 2018 and expiring in June 2027, and sublease an additional 31,563 square feet of similar space in an adjacent building in
Cambridge, Massachusetts pursuant to a lease agreement executed in January 2020 and expiring in February 2028.
We believe that our
existing facilities are sufficient for our near-term needs but expect to need additional space as we grow. We believe that suitable additional alternative spaces will be available in the future on commercially reasonable terms, if required.
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.