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SANTA ANA HOUSING AUTHORITY (2)
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SANTA ANA HOUSING AUTHORITY (2)
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Last modified
5/22/2019 4:07:49 PM
Creation date
5/22/2019 1:07:22 PM
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Contracts
Company Name
SANTA ANA HOUSING AUTHORITY
Contract #
A-2019-070-06
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/7/2019
Expiration Date
6/30/2022
Destruction Year
2027
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A-2017.264 <br />} Attachment: 5 <br />rr-- OrrICE LEASE <br />THIS OFFICE LEASE ("Lease") is made and entered into by and between CF SANTANA, LLC, a Delaware limited liability company <br />("Landlord") and the Tenant described in 1tW of the Basic Lease Provisions as of the Efieclive Date, <br />BASIC LEASE PROVISIONS <br />1. Tenant: THE CITY OF SANTA ANA, a charter city and municipal corporation. <br />2. Description of Project; Building; <br />Premises: <br />2.1 ` Project: <br />As used herein, the "Project" means that certain commercial oil -ice building project, with all common <br />areas and appurtenant parking facilities, located at 801 West Civic Drive, Santa Ana, California, and <br />containing the Building, and any other building improvements located on the parcel of real property on <br />which the Building is located, <br />2,2 Building: <br />As used herein, the "Building" means the commercial office building located at and commonly known <br />as 801 West Civic Drive, Santa Ana, California. <br />2.3 Rentable Area of Building: <br />124,166 rentable square feet ("RSP') <br />2A Premises: <br />A portion of the second (2"a) Floor of the Building known as Suite 200, as depicted on Exhibit "All <br />attached hereto. <br />2.5 Rentable Area of Premises: <br />19,321 RSr. <br />3, Term: <br />3,1 Target Delivery Date, April 1, 2018, <br />3.2 Commencement Date: The Delivery Date, <br />3.3 Initial ']'arm: Approximately sixty (60) months, commencing on the Commencement Date and ending an the last day <br />of the calendar month in which the date that Is sixty (60) months after the Commencement Date occurs. <br />3.4 Options to extent) the Term: Two (2) options to extend the Term for an Extension Term of sixty (60) months, in accordance with <br />Section 312, below and Schedule'9-1" of EKLEbIlt "P' nttachcd hereto. <br />4. Base Rent: During the Initial Torn, Base Rent shall be payable at the following rates: <br />months <br />Monthly Base Rental Rate <br />Base Reny <br />($lRSFtmo) <br />($Imo) <br />1-12 <br />$2,2000 <br />$42,506.20 <br />13-24 <br />$2,2660 <br />$43,781.39 <br />25—.'i6 <br />$2.3340 <br />$45,094.83 <br />37-48 <br />$2.4040 <br />$46,447.67 <br />49 -60 <br />$2.4761 <br />$47,841.10 <br />5. Additional Rent: <br />5.1 'fennut'sPercentageShnrc: 15.561% <br />5.2 Base veer: 2018 <br />6. Security Deposit: None <br />7- Permitted Use: Central of -tco use and ocher lawhd incidental uacs, consistent with a first class, high-rise eonvnercdal <br />otiiee project, <br />8. Parking Number: The whole nunnber closest to the product or (a) the number alRSF contained in the Promises and (b) <br />0.004 (suet- that it is agreed that One Parking Number with respect to the Initial Premises is eigluytwo <br />(82)), <br />9. Brokers: Lee Be Associates Realty Group Nc%kport Beach, Eno, representing "I'ernnf. and .tones Long LaSalle <br />Brokeragu,reprtsenting Landlord. <br />10. Address ror Payments: All payments payable to Landlord under this Leasc shall bo sent to the following address or to such other <br />901 WC84e Center Dr— 011, vjSmnu-4rm Lome <br />
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