Skyline Ventures is a venture capital firm specializing in investments in healthcare companies. It typically invests in small molecule and protein therapeutics, medical devices, diagnostics, and technologies that facilitate drug discovery and life science research. The firm primarily invests in companies developing breakthrough medicines that are in or nearing clinical trials; medical devices, where it seeks to fund product development and not research; and startups having intangibles such as proprietary science or engineering or a scientific approach, established leaders, and innovators in the field. It prefers to invest $15 million or more in a portfolio company over the life an investment...
525 University Avenue
Palo Alto, CA 94301
Founded in 1997
Skyline Management, LLC Enter into Sublease Agreement with NVP Associates, LLC
Oct 16 13
On October 10, 2013, Ocera Therapeutics Inc. entered into a sublease with Skyline Management, LLC, as sublandlord (Skyline) for approximately 761 square feet of space in a building located at 525 University Avenue in Palo Alto, California. The Premises are a portion of the space currently leased by Skyline pursuant to a Lease (the Master Lease) by and between Skyline, as tenant, and NVP Associates, LLC, as landlord (NVP). The term of the Sublease will commence on the earlier of October 10, 2013 or the date Ocera Therapeutics Inc. take possession of the Premises, and will end on May 31, 2015. Either Ocera Therapeutics Inc. or NVP may terminate the Sublease prior to the Expiration Date upon four months' written notice. The monthly base rent for the Premises under the Sublease will be equal to the base rent per square foot payable by Skyline pursuant to the Master Lease, which is expected to equal $4.81 per square foot for the remainder of 2013 and $6.30 per square foot beginning on January 1, 2014, multiplied by the square footage of the Premises. If the base rent under the Master Lease increases at any time, the base rent payable under the Sublease will increase in a proportionate amount.