Hinge Health signs $86M office lease in San Francisco

Hinge Health, Inc. (NYSE: HNGE) signed an office lease agreement on August 18, 2026, for approximately 119,278 rentable square feet at 300 Mission Street, San Francisco, California.

The lease, entered into with landlord 50 Beale Street LLC, is expected to commence five business days after execution and expire on February 28, 2037. The aggregate estimated base rent over the lease term is approximately $86.0 million. The company will also be responsible for its share of operating expenses, taxes, insurance, and other additional operating costs.

The landlord will provide a tenant improvement allowance of up to $17.9 million. Hinge Health is required to provide an irrevocable standby letter of credit of $2.8 million to secure its obligations under the lease.

The agreement includes one five-year renewal option and a one-time early termination right effective January 31, 2035, subject to certain conditions, including payment of a termination amount.

The full terms of the lease will be filed as an exhibit to the company's Quarterly Report on Form 10-Q for the period ended September 30, 2026.

You May Also Be Interested In

• Anthropic PBC: adjusted operating income increased for the three months ended September 30, 2026 to $2.5 billion
• Edwards Lifesciences TAVR trial shows benefit in moderate AS patients
• Meta holds calls for multi tranche dollar and euro bond sale, at least $20bn - Bloomberg