Life Sciences Overview_ThinkBio

BUILDING YOUR LAB SPACE

10,000 SF LAB 70% LAB, 30% OFFICE 5-YEAR LEASE

YOU PAY FOR IT

LANDLORD PAYS FOR IT

Lower Rental Rate, Higher Upfront Cost

Higher Rental Rate, Lower Upfront Cost

More options available

Less options available

Spend VC money rather than Landlord money

Spend Landlord money rather than VC money

$2.7 Million $3M construction cost - $300k landlord allowance

$0 $3M construction cost (landlord pays 100%)

UPFRONT COST

$17,000 per month Lease Rate: $20.00/SF NNN

$46,000 per month Lease Rate: $55.00/SF NNN

MONTHLY COST