- Laser scanning technology company Microvision Inc MVIS disclosed that on September 24, it entered into an Office Lease with Redmond East Office Park LLC to lease 16,681 square feet of space located in Redmond, Washington, for general office space and product testing.
- The Lease provides for an initial term of 128 months commencing November 1.
- The annual base rent will be $500,000 for the first year and is subject to yearly increases of 3.0%.
- Related Content: Roku, Microsoft Join Other Counterparts In Office Space Hunt: Bloomberg
- Price Action: MVIS shares traded higher by 1.53% at $11.29 in the premarket session on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
