Item 2. Properties
ITEM 2. PROPERTIES
Our corporate headquarters are located at 700 Shoreline Court, Suite 275, South San Francisco, California, 94080, where we occupy approximately 9,780 square feet of office space under a lease agreement entered into in February 2019. In addition, in January 2022, we entered into an agreement to lease approximately an additional 20,116 square feet of laboratory and office space at 2000 Sierra Point Parkway, Brisbane, California 94005, which we anticipate occupying beginning in November 2022. As a result of the merger with Millendo, we assumed Millendo’s noncancelable operating leases for 21,000 square feet of office space in Ann Arbor, Michigan under two separate leases.
We believe our existing facilities are sufficient for our needs for the foreseeable future. To meet the future needs of our business, we may lease additional or alternate space, and we believe suitable additional or alternative space will be available in the future on commercially reasonable terms.
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