PropertyJun 22, 2026, 04:08 PM
First Tracks Biotherapeutics Subleases 45,057 Sq Ft Office
AI Summary
First Tracks Biotherapeutics, Inc. entered into a Sublease Agreement with AnaptysBio, Inc. for approximately 45,057 rentable square feet of office space in San Diego, California. The sublease commenced on June 15, 2026, for a term of twelve months, with an option to extend. The company is obligated to pay monthly rent equivalent to the Basic Rent and Additional Rent under AnaptysBio's Master Lease.
Key Highlights
- Subleased approximately 45,057 rentable square feet of space.
- Located at 10770 Wateridge Circle, San Diego, California.
- Sublease term commenced June 15, 2026, for 12 months.
- Option to extend the sublease until April 4, 2028, or 12 months from renewal.
- Company has the right to terminate the sublease with three months' prior written notice.
- Monthly rent equals the Master Lease's Basic Rent plus Additional Rent.
- Sublease is with AnaptysBio, Inc.
Price Impact
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