Hims & Hers subsidiary signs 15-year lease for 352,012 sq ft Ohio facility
Hims, Inc., a subsidiary of Hims & Hers Health, signed a 15-year lease covering about 352,012 square feet at 9885 Innovation Campus Way in New Albany, Ohio, for office, research and development, laboratory, manufacturing and pharmaceutical dispensing use. The parent company guaranteed the subsidiary's lease obligations, and the filing gives initial annual base rent of $5,984,204, so the commitment is a long-term fixed cost for shareholders.
Key points
- Lease dated September 1, 2025, with an initial term of 15 years and two five-year extension options
- Initial annual base rent of $5,984,204, rising about 3.25% each year; rent payments begin April 1, 2026
- Base rent is abated until April 1, 2026, and partly abated at $262,838.42 per month for five months after that
- A letter of credit for $5,984,204 from JPMorgan Chase Bank secures the lease, and the parent executed a guaranty
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.