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IDEAYA Biosciences Leases 44,000 Sq. Ft. Office Space At 5000 Shoreline Ct In South San Francisco

Property Image
LEASED
$47
Matt Jacobs
Grant Dettmer
+ 1

California

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Office44,000 SF
Leased
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Property Image
LEASED

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

See Similar Deals
Office44,000 SF
Leased
Matt Jacobs
Grant Dettmer
+ 1
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$47
Total Square Footage:44000 SF
Transaction Type:Lease

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

Chris Jacobs
1 deal
BROKER

Matt Jacobs
CBRE
3 deals$183M volume(650) 743-5577
BROKER



DivcoWest
LENDER

DivcoWest
LANDLORD

Details

LEASED
IMAGE: Scott Miller, Matt Jacobs, Chris Jacobs & Grant Dettmer DATE: 06/06/2023 ADDRESS: 5000 Shoreline Court MARKET: South San Francisco ASSET TYPE: Office LANDLORD: DivcoWest TENANT: IDEAYA Biosciences LANDLORD'S REP: Chris Jacobs & Matt Jacobs - CBRE TENANT'S REP: Grant Dettmer & Scott Miller - JLL (@JLL) ASKING RENT: $47.4/ft. ~ SF: 44,000 NOTE: 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. Biosciences

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Deal Type
Effective Rent (Annual)

$2,370,730.24

Total Lease Value

$23,707,302.42

Net Landlord Cash Flow$2,370,730.24