February 10, 2016
DexCom Inc. has signed a 132,600-square-foot sublease at 6350 Sequence Dr. in San Diego, a building located next to its existing office. The term reportedly extends through January 2022, and has a total lease obligation of $14.6-million.
DexCom manufacturers and distributes continuous glucose monitoring systems for managing Diabetes. The original lessee was Entropic Communications LLC.
The two-story building, located in the Sorrento Mesa area, was sold last year by Los Angeles-based Kilroy Realty Corp. to John Hancock Real Estate. John Hancock is the U.S. division of Manulife Financial Corp., a global life insurance company and real estate investor.