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369 Oyster Point Boulevard

Angela M. Aman Of Kilroy Realty Leases 38,000 SF Office To Olema Pharmaceuticals For $18.4M
LEASEDOffice

Angela M. Aman Of Kilroy Realty Leases 38,000 SF Office To Olema Pharmaceuticals For $18.4M

369 Oyster Point Boulevard

Building Size

38,000 SF

Asset Type

Office

Closing

May 4, 2026

AI

The asset involved in this transaction is an office space located at 355-369 Oyster Point Boulevard in South San Francisco, with a total area of 38,000 square feet. The lease is part of Kilroy Realty's Phase 2 development at Kilroy Oyster Point, which contributes to a larger life science project totaling 865,000 square feet.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Approximately $18.4M
  • Landlord: Angela M. Aman - Kilroy Realty
  • Tenant: Sean P. Bohen - Olema Pharmaceuticals
  • Lease Duration: Seven years

Angela M. Aman represents Kilroy Realty as the landlord in this lease agreement. Sean P. Bohen represents Olema Pharmaceuticals as the tenant, as the company consolidates its operations by moving from two locations in San Francisco to this new headquarters.

Players

Angela M. Aman

Kilroy

Landlord

$894.3M

vol

18 deals

Landlord

Sean P. Bohen

Olema Pharmaceuticals

Tenant

1 deal

Tenant

South San Francisco Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93