Office Lease Up (Aug. 3) Pacific Biosciences Buys Time with Facebook, Signs New 180,000-SF HQs Lease with Principal

Pacific Biosciences of California Inc., which has been operating month-to-month on 186,000 square feet of leases over seven different buildings, has agreed to terms for consolidation of its space into a new 180,000-square-foot home. The company entered into a new lease agreement with an affiliate of Principal Global Investors for 180,000 rentable square feet at 1315 O’Brien Drive in Menlo Park, California. The term is for 132 months, commencing…

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