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Cushman & Wakefield
30
Rent Roll
TENANCY
Tenant
Suite
Leased
Square
Feet
GLA%
Current
Lease Start
Current
Lease
Expire
Rent
Step
Dates
Annual
Rent ($)
Monthly
Rent ($)
Annual
Rent
($/psf)
CAM INS
RET
Acropolis
Investment
Management
100 & 210 7,913
5.5% 10/27/2003 06/30/2021
Current
$25.50
$16,815
$201,782 2014 BY 2014 BY 2014 BY
7/1/2017
$26.00
$17,145
$205,738
$11.05 PSF
7/1/2018
$26.50 $17,475
$209,694
7/1/2019
$27.00 $17,804
$213,651
7/1/2020
$27.50
$18,134
$217,608
Comments:
Renewal Option:
Tenant has one, 5-year option to extend its term at the prevailing market rate. Tenant must provide Landlord with at least nine (9) months advance written
notice.
Utility Services:
Tenant is responsible for all separately metered utilities at the premises.
Additional Rent:
Tenant is responsible for its proportionate share of all operating expenses in excess of the 2014 operating expenses.
Gross-Up:
95%
Termination Option:
Tenant may terminate the lease effective May, 2019 by: (1.) giving written notice to the Landlord at least nine (9) months prior to the effective date of such
termination; and (2.) paying to Landlord a termination fee. The termination fee shall be an amount equal to the sum of (a.) any unamortized leasing commission,
and (b.) the unamortized balance of the cost to Landlord of the tenant improvement allowance remaining on the effective date of termination.
Right of First
Opportunity:
Tenant has the right of first opportunity to any rentable space on the second floor of the building contiguous to tenant’s expansion space. The ROFO expires
upon the expiration of tenant’s term and shall not continue into any additional renewal or extension term.
Exclusive Use:
Tenant shall be the only tenant with the primary business of operating classroom facilities.
Reimbursements