IDEAYA Biosciences Expands Lease By 25,000 Square Feet At 5000 Shoreline Court In South San Francisco
5000 Shoreline Court
Building Size
25,000 SF
Asset Type
Office
Closing
May 6, 2026
AI
The asset involved in this transaction is an office space measuring 25,000 square feet located at 5000 Shoreline Court in South San Francisco, CA. This property is part of a larger lab conversion owned by DivcoWest, indicating its suitability for life sciences enterprises.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 5000 Shoreline Court
- Market: South San Francisco, CA
- Total Leased Space: Approximately 80,000 square feet
- Tenant: IDEAYA Biosciences
- Landlord: Stuart Shiff - DivcoWest
Stuart Shiff represents DivcoWest in this lease transaction. Ideaya Biosciences' expansion illustrates the trend of increased demand for incremental leasing in smaller life sciences spaces within converted Class A lab assets in the Bay Area.
Players
Market 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