Daily limit: 0/10
Alexandria Real Estate Equities Leases 99,557 SF Office Space To CARGO Therapeutics
LEASED
California
See Similar DealsOffice99,557 SF
Leased 12/14/2023
LEASED
Alexandria Real Estate Equities Leases 99,557 SF Office Space To CARGO Therapeutics
835 Industrial Road
See Similar DealsOffice99,557 SF
Leased 12/14/2023
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:99,557 SF
Transaction Type:Lease
Alexandria Real Estate Equities, Inc has signed a long-term lease with CARGO Therapeutics for 99,557 square feet at 835 Industrial Road in San Carlos. The office property is located on the San Carlos campus and will be occupied by CARGO Therapeutics by early 2024.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not mentioned in CONTEXT
- Address: 835 Industrial Road, San Carlos
- Market: San Carlos
- Square Footage: 99,557
CARGO Therapeutics, a biotech company that recently raised $291 million in its IPO, will be the tenant in the leased space. Gina Simmons Chapman, the representative for CARGO Therapeutics, negotiated the lease with Joel S. Marcus, the representative for Alexandria Real Estate Equities, Inc.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Tenants
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$5,706,547.16
Total Lease Value
$57,065,471.63
Net Landlord Cash Flow$5,706,547.16
Is there something missing? Send suggestions