IDEAYA Biosciences Leases 44,000 Sq. Ft. Office Space At 5000 Shoreline Ct In South San Francisco
5000 Shoreline Ct South San Francisco, CA 94080, USA
$47
$47/SF
Building Size
44,000 SF
Asset Type
Office
Closing
Jun 6, 2023
AI
IDEAYA Biosciences, a clinical-stage precision medicine oncology company, has signed a long-term lease for 44,000 square feet at DivcoWest's 5000 Shoreline Ct in South San Francisco's life science cluster. The Class A building will provide IDEAYA with specialized lab space, and the move-in is scheduled for mid-2024.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Address: 5000 Shoreline Court
- Market: South San Francisco
The landlord for this lease is DivcoWest, a real estate investment firm. The tenant, IDEAYA Biosciences, was represented by Grant Dettmer and Scott Miller of JLL, a real estate services company. DivcoWest was represented by Chris Jacobs and Matt Jacobs of CBRE, a commercial real estate services and investment firm.
Players
Los Angeles 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
337510.64%
Cash-on-Cash
-96461.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93