Common Contracts
2 similar New Lease Agreement contracts
NEW LEASE AGREEMENT AT SCM, COUNTY FINANCES $6 MILLION TENANT IMPROVEMENTS - DETAIL SCHEDULENew Lease Agreement • May 4th, 2017
Enter into new lease arrangement at Sierra Center Mall for existing square footage of 21,545 plus 9,000 additional square footage (Court's old space). Lease arrangement begins Junly1 and term is for twelve (12) years. Base lease is for $1.65 per square foot per month plus share of Common Area Maintenance (CAM) costs. Base rent escalates by 3% per year. Space is delivered "as‐is" with no Tenant Improvments (TIs). County obtains $6 million loan at 3.00% tax‐exempt interest per year, payable over ten years (maximum allowed). Loan issued July 1, 2017, initial payment due October 1, 2017. Payments made semi‐annually.
NEW LEASE AGREEMENT AT SCM, COUNTY FINANCES $2 MILLION TENANT IMPROVEMENTS - DETAILED SCHEDULENew Lease Agreement • May 4th, 2017
Enter into new lease arrangement at Sierra Center Mall for existing square footage of 21,545 plus 9,000 additional square footage (Court's old space). Lease arrangement begins July 1 and term is for twelve (12) years. Base lease is for $1.65 per square foot per month plus share of Common Area Maintenance (CAM) costs. Base rent escalates by 3% per year. Space is delivered "as‐is" with no Tenant Improvments (TIs). County obtains $2 million loan at 3.00% tax‐exempt interest per year, payable over ten years (maximum allowed).
