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The Honest Company, Inc. entered into a 10-year lease agreement with Dellwood Farm LLC for approximately 38,240 square…
HNSTHonest Company, Inc.
The Honest Company, Inc. entered into a 10-year lease agreement with Dellwood Farm LLC for approximately 38,240 square feet of office space in Playa Vista, California, with an expected total base rent of approximately $33,440,756 over the initial term. The agreement includes a one-time tenant improvement allowance of $180.00 per square foot and requires the company to provided a $1.2 million letter of credit to secure its obligations. The Honest Company, Inc. is a consumer goods company that sells baby and home care products.