Real Tech

Accelrys

Transaction Highlights

Corporate Headquarters61,460 SF

Corporate Headquarters
61,460 SF

  • Reduced size from 68,436 SF to 61,460 SF
  • Below-market rental rate, including extensive free rent period
  • Secured a midterm option to cancel at favorable terms, including a cancellation fee less than landlord’s unamortized lease costs
  • TI Allowance $25.00/rsf above market
  • Right of First Refusal throughout lease term on adjacent 110,000 SF building
  • Identified, interviewed and evaluated design and general contractor firms; negotiated contracts of selected firms
Corporate Headquarters61,460 SF The Campus at Sorrento Gateway San Diego, California

The Campus at Sorrento Gateway
San Diego, California

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