Long Beach, CA
File #: 26751_008    Version: 1 Name: 110 PINE, LLC - FOURTH AMENDMENT TO LEASE
Type: Contract Status: CCIS
File created: 5/31/2006 In control: City Clerk
On agenda: 4/18/2006 Final action: 4/18/2006
Title: FOURTH AMENDMENT TO LEASE - PREMISES TOTAL APPROXIMATELY 20,466 RENTABLE SQUARE FEET & CONSIST OF SUITE 820 (MEASURING APPROXIMATELY 2,943 RENTABLE SQUARE FEET), SUITE 1100 (MEASURING APPROXIMATELY 8,841 RENTABLE SQUARE FEET) & SUITE 1200 (MEASURING APPROXIMATELY 8,682 RENTABLE SQUARE FEET), TERM TO BE EXTENDED 60 MONTHS, EXPIRATION DATE TO BE ADJUSTED TO 9/30/2011 - MINIMUM MONTHLY RENT: OCTOBER 1, 2006: FREE RENT; 11/1/2006 - 9/30/2007: $1.40 PER RSF OR $28,652.40 ($343,828.80 PER ANNUM); 10/1/2007 - 9/30/2008: $1.44 PER RSF OR $29,471.04 ($353,652.48 PER ANNUM); 10/1/2008 - 9/30/2009: $1.48 PER RSF OR $30,289.68 ($363,476.16 PER ANNUM); 10/1/2009 - 9/30/2010: $1.52 PER RSF OR $31,108.32 ($373,299.84 PER ANNUM)
Sponsors: Community Development
Indexes: Amendments
Attachments: 1. 26751_008
Related files: 06-0317
TITLE
FOURTH AMENDMENT TO LEASE - PREMISES TOTAL APPROXIMATELY 20,466 RENTABLE SQUARE FEET & CONSIST OF SUITE 820 (MEASURING APPROXIMATELY 2,943 RENTABLE SQUARE FEET), SUITE 1100 (MEASURING APPROXIMATELY 8,841 RENTABLE SQUARE FEET) & SUITE 1200 (MEASURING APPROXIMATELY 8,682 RENTABLE SQUARE FEET), TERM TO BE EXTENDED 60 MONTHS, EXPIRATION DATE TO BE ADJUSTED TO 9/30/2011 - MINIMUM MONTHLY RENT:  OCTOBER 1, 2006:  FREE RENT; 11/1/2006 - 9/30/2007:  $1.40 PER RSF OR $28,652.40 ($343,828.80 PER ANNUM); 10/1/2007 - 9/30/2008:  $1.44 PER RSF OR $29,471.04 ($353,652.48 PER ANNUM); 10/1/2008 - 9/30/2009:  $1.48 PER RSF OR $30,289.68 ($363,476.16 PER ANNUM); 10/1/2009 - 9/30/2010:  $1.52 PER RSF OR $31,108.32 ($373,299.84 PER ANNUM)