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
South San Francisco Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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