Provation
LEASE TRANSACTION SUMMARY SAMPLE
QUANTIFY ECONOMIC RESULTS
Free Rent
4 months
Yes; after 40 th month
Cancellation Option
Corporate Exclusion
Yes – 12 Floor
Signage
Building standard suite & directory
Total Building Square Footage 413,326 SF Building Year Built 1973 Transaction Type New Target Commencement Date June 1, 2015 Lease Term 64 months Square Footage 8,864 Gross Rental Rate (Year 1) $24.97
Improvement Costs
None – turnkey improvements
Base Year Adjustment (renewals only)
N/A
Security Deposit
Yes
No
Negotiated Cost Avoidance $248,842 cost avoidance includes free rent and turnkey improvements
60 Month Lease Obliga�on
$1,350,157
$1,100,000 $1,300,000 $1,500,000
$1,101,315
Stabilized Monthly Rent Adjustment (Previous vs. New) N/A Transaction Duration 83 days Date: 2015
$500,000 $700,000 $900,000
First Proposal
Nego�ated Lease
Additional Results Achieved • (1) option to renew for 5 years. • Landlord will not have the right to relocate ABC Company • Space planning allowance provided by Landlord
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