Interlink Electronics, Inc. Enters into Standard Industrial/Commercial Multi-Tenant Lease
April 04, 2024 at 04:00 pm EDT
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On March 26, 2024, Interlink Electronics, Inc. entered into a Standard Industrial/Commercial Multi-Tenant Lease Modified Net, dated February 29, 2024, with Dollinger Fremont Associates, for a 5,183 square-foot operating facility in Fremont, California. The lease term commences when tenant improvements are completed, which is anticipated to be May 1, 2024, and has a term of five years and three months. Following a three-month rent
abatement period, the annual rent under the agreement is $127,500, escalating 3.5% annually, plus a share of common area operating expenses.
Interlink Electronics, Inc. is a global sensor and printed electronics company that operates in two sensor technology divisions: force/touch sensors and environmental sensors. The Company designs, develops, manufactures and sells a range of force-sensing technologies that incorporate its materials technology, firmware and software into a portfolio of standard products and custom solutions. Its Human-Machine Interface (HMI) technology platforms are deployed in a range of markets, including consumer electronics, automotive, industrial and medical. The application of its HMI technology platforms includes vehicle entry, vehicle multi-media control interface, rugged touch controls, presence detection, collision detection, speed and torque controls, pressure mapping, biological monitoring and others. The Companyâs gas-sensing technologies division offers electrochemical gas-sensing technology products and solutions for industry, community, health and home settings.