Anteris Technologies Unit Enters Lease Agreement for Minnesota Office, Warehouse Facility

MT Newswires Live

04/24

Anteris Technologies Global's (ASX:AVR) wholly-owned unit, Anteris Technologies, entered into a lease agreement with Northcross West Industrial Owner for around 181,436 square feet of space in an office and warehouse facility in Brooklyn Park, Minnesota, according to a Friday Australian bourse filing.

The initial term of the lease starts on Sept. 1 and expires on Aug. 31, 2037, and may be extended for two periods of 84 months each at market rent, subject to certain terms and conditions.

Anteris will pay a monthly minimum rent initially of roughly $152,709, subject to contractual rent abatements, annual escalations, and other adjustments as well as real estate taxes, operating expenses, and other charges.

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