Liquidia Corporation Secures Lease for New Manufacturing Facility in Morrisville, NC

Reuters

06-19

Liquidia Corporation Secures Lease for New Manufacturing Facility in Morrisville, NC

Liquidia Corporation has announced a significant development with the signing of a new lease agreement for its upcoming manufacturing facility. The lease, formalized on June 16, 2025, involves Liquidia Technologies, a subsidiary of Liquidia Corporation, securing approximately 70,131 rentable square feet at the Pathway Triangle Building 1 in Morrisville, North Carolina. The lease term is set to commence on June 16, 2025, and will run through November 1, 2036, with options for two five-year extensions. Beginning May 1, 2026, the monthly base rent will start at $260,069.13 with an annual increase of 3%. Notably, the rent will be abated for the first six months post the term commencement. Liquidia also retains a one-time right of first offer on adjacent spaces, providing strategic flexibility for future expansion. This move marks a pivotal step in Liquidia's growth and operational advancement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liquidia Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-060649), on June 18, 2025, and is solely responsible for the information contained therein.

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The lease, formalized on June 16, 2025, involves Liquidia Technologies, a subsidiary of Liquidia Corporation, securing approximately 70,131 rentable square feet at the Pathway Triangle Building 1 in Morrisville, North Carolina. The lease term is set to commence on June 16, 2025, and will run through November 1, 2036, with options for two five-year extensions. Beginning May 1, 2026, the monthly base rent will start at $260,069.13 with an annual increase of 3%. Notably, the rent will be abated for the first six months post the term commencement. Liquidia also retains a one-time right of first offer on adjacent spaces, providing strategic flexibility for future expansion. This move marks a pivotal step in Liquidia's growth and operational advancement.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liquidia Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-060649), on June 18, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LQDA","symbol_name":"Liquidia Technologies Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250618:nNDL1SQ85C:1","article_id":"2544936188","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544936188","pubTimestamp":1750278682,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Liquidia Corporation has announced a significant development with the signing of a new lease agreement for its upcoming manufacturing facility. The lease, formalized on June 16, 2025, involves Liquidia Technologies, a subsidiary of Liquidia Corporation, securing approximately 70,131 rentable square feet at the Pathway Triangle Building 1 in Morrisville, North Carolina. The lease term is set to commence on June 16, 2025, and will run through November 1, 2036, with options for two five-year extensions. Beginning May 1, 2026, the monthly base rent will start at $260,069.13 with an annual increase of 3%. Notably, the rent will be abated for the first six months post the term commencement. Liquidia also retains a one-time right of first offer on adjacent spaces, providing strategic flexibility for future expansion. 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The lease term is set to commence on June 16, 2025, and will run through November 1, 2036, with options for two five-year extensions. Beginning May 1, 2026, the monthly base rent will start at $260,069.13 with an annual increase of 3%. Notably, the rent will be abated for the first six months post the term commencement. Liquidia also retains a one-time right of first offer on adjacent spaces, providing strategic flexibility for future expansion. This move marks a pivotal step in Liquidia's growth and operational advancement.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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