QuidelOrtho Corp
For the period ended Dec 29, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
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Item 2. Properties
At December 29, 2024, our material operating locations, which we define as the facilities we lease with more than 75,000 square feet plus all owned facilities with more than 20,000 square feet, were as follows:
| Location | Status | Lease Term | SquareFootage | Primary Use |
|---|---|---|---|---|
| Raritan, NJ | Owned | N/A | 569,000 | Administrative offices, R&D and manufacturing |
| Rochester, NY (513 Technology Blvd) | Owned | N/A | 438,628 | Manufacturing |
| San Diego, CA (Summers Ridge) | Leased | 2033 - options to extend for two additional 5-year periods | 316,531 | Administrative offices, sales and marketing, R&D and manufacturing (principal executive offices) |
| Rochester, NY (100 Indigo Creek) | Owned | N/A | 260,221 | Office, R&D |
| Pencoed, Wales (1) | Owned | N/A | 198,380 | Office, manufacturing |
| Athens, OH | Leased | 2027 | 149,240 | Administrative offices, sales and marketing, R&D and manufacturing |
| Carlsbad, CA (Rutherford) | Leased | 2036 - options to extend for two additional 5-year periods | 128,745 | Manufacturing |
| Memphis, TN | Leased | 2026 | 116,500 | Warehouse |
| San Diego, CA (Waples Ct.) | Leased | 2031 - options to extend for two additional 5-year periods | 106,412 | Office, light manufacturing, storage, packaging, assembly and distribution |
| Rochester, NY (130 Indigo Creek) | Owned | N/A | 103,138 | Office, R&D |
| Strasbourg, France | Owned | N/A | 97,951 | Warehouse, service |
| Rochester, NY (1000 Lee Road) | Leased | 2027 | 89,114 | Manufacturing |
| Pompano Beach, FL | Owned | N/A | 21,500 | Manufacturing |
(1) In December 2024, the Company entered into an agreement for the expansion of the office building and manufacturing facility.
We believe that our facilities are adequate for our current needs, and we currently do not anticipate any material difficulty in renewing any of our leases as they expire or securing additional or replacement facilities, in each case, on commercially reasonable terms. However, in anticipation of our growth strategy, we may pursue additional facilities.
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