Fintech powerhouse Stripe Inc. will move some 1,000 employees into 421,000 square feet in South San Francisco, locking up the $560 million first-phase leasing at Kilroy Realty Corp,'s massive Oyster Point project nearly two years ahead of schedule.
The 12-year lease follows biotech company Cytokinetics Inc.'s July deal for 234,892 square feet and comes as Kilroy (NYSE: KRC) has filed plans for the next three phases of the project totaling 2 million square feet.