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.
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