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LB Pharmaceuticals Expands Lease at One Penn Plaza

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LB Pharmaceuticals Expands Lease at One Penn Plaza

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LB Pharmaceuticals, Inc. ( (LBRX) ) has provided an update.

On November 10, 2025, LB Pharmaceuticals Inc. amended its lease agreement with One Penn Plaza LLC to include an additional 4,634 square feet on the 10th floor of One Penn Plaza, New York. The lease term is set to expire on March 31, 2032, with the expansion premises expected to be delivered by July 1, 2026. The initial fixed rent for the expansion will be $430,962 annually for the first three years, increasing to $477,302 thereafter, with a rent abatement period agreed upon for the first 150 days.

The most recent analyst rating on (LBRX) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on LB Pharmaceuticals, Inc. stock, see the LBRX Stock Forecast page.

More about LB Pharmaceuticals, Inc.

Average Trading Volume: 241,707

For detailed information about LBRX stock, go to TipRanks’ Stock Analysis page.

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