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SER – JOBS FOR PROGRESS, INC.
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SER – JOBS FOR PROGRESS, INC.
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Last modified
6/4/2019 4:50:03 PM
Creation date
5/30/2019 3:14:22 PM
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Contracts
Company Name
SER – JOBS FOR PROGRESS, INC.
Contract #
A-2019-070-04
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
5/7/2019
Expiration Date
6/30/2022
Destruction Year
2027
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S-�7 <br />OFFICE LEASE <br />A-2017-264 <br />Attachment 5 <br />THIS OFFICE LEASE ("Lease") is rondo and entered into by and between CP SANTANA, LLC, a Delaware limited liability company <br />("Landlord") and the Tenant described in <br />lIqUI of the Basic Lease Provisions as of the EI'1'ective Data. <br />BASIC LEASE PROVISIONS <br />L Tenant; <br />THE CITY Op SANTA ANA, a charter city and municipal corporation. <br />2. Description of Project; Building; <br />Premises: <br />2A Project: <br />As used herein, the "Projeef' means that certain commmmial office building project, with all common <br />areas and appurtenant parking facilities, loomed at 801 West Civic Drive, Santa Ana, Calilbr» ia, and <br />containing the Building, and any other building improvements located on the parcel orreal 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 (" RSF") <br />2.4 Premises: <br />A portion of the second (2"1) Boor of the Building known as Suite 700, as depicted on Exhibit "A" <br />attached hereto. <br />2.5 Rentable Arent of Premises: <br />19,321 RSF, <br />3. Term: <br />3.1 Target Delivery Date: <br />April 1, 2018. <br />3.2 Commencement Date; <br />The Delivery Data. <br />3.3 Initial Term: <br />ApprMdMIdely sixty (60) months, commending on the Commencement Date and ending on 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 extend the Term: <br />Two (2) options to extend the Term for an Extension Term of sixty (60) months, in accordance with <br />Sgioq,3, below and Schedule"J-I"ofE "" attached hereto, <br />4. Bose Rent: <br />During the Initial Term, Base Rent shall be payable at the fallowing rates; <br />Months Monthly Base Rental Rate Base Rent <br />($lRSFlmo) (stmo) <br />1-12 $2.2000 $42,50620 <br />13-24 $2,2660 $43,781.39 <br />25•-36 $2,3340 $45,094.83 <br />37•-48 $2,4040 $46,447.67 <br />49.60 $2.4761 $47,841.10 <br />5. Additional Beal•. <br />5.1 Tenant's Percentage Share: 15.561% <br />5.2 Basc'1'car: 2018 <br />6. Security Deposit: None <br />7. Permitted Use: General office use and other hiwild incidental uses, consistent with a lost class- high-rise Commercial <br />nliico project. <br />8. Parking Number- The whole number closest to the product of (a) the number of RSF contained in the Premises and (b) <br />0,004 (such that it is agreed that die Parking Number with respect to the initial Premises is eighty-trau <br />(82)). <br />9. Brokers: Lee & Associates Realty Group Newport Beach, Inc., representing- Tenant, and .luncs Lang LaSalle <br />Brokerage, representing Landlord. <br />10, Address 1'nr Payments: All payments payable to Landlord under this Lasso shall be sent to the Iidlowing address or to such other <br />M1 PPCh')c ('laA'Y t)r-Ci0•ofSnnhr Auo Leave -o- <br />
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