Accelrys, Inc. entered into an office lease with Kilroy Realty to take 61,460 square feet of space for new corporate headquarters at 5005 Wateridge Vista Dr. in San Diego, CA.
The lease for the company that develops software for scientific uses commences July 1, 2013, and has a 10-year term (with an option to terminate after five years). Accelrys also has two five-year options to renew the lease.
Share this story with your followers
The annual base rent for the first year of the lease is $1.6 million and is subject to annual increases of 3 to 4% per year, with the rent in the first and sixth years subject to partial abatement.
The Campus at Sorrento Gateway is a two-story, 61,460-square-foot office building
constructed in 1999 on five acres in the Sorrento Mesa submarket of San Diego County.
Brian Driscoll, SIOR and Brett Ward, LEED AP with Cassidy Turley San Diego represented the landlord. The tenant was represented by Real-Tech, Inc.
Keep up weekly on national news, trends and property leads with the Watch List Newsletter,
a weekly pdf that includes other news and leads not found on the CoStar Group web news pages. Sign up for the Watch List E-Mail Alert
. A new issue is published late each Wednesday.