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<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5414
Status: Under Review
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Farmer Ltd Properties, and the Tenant, Ross, Simpson and Rhodes. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-24.
The subject of this lease concerns the Partial floor 38A in Building 9 at the property located at Unit 3435 Box 0808
DPO AP 18518. This Office facility consists of approximately 45570 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $195,115.55. This figure is scheduled for an annual increase based on a 1.68% escalation rate. A security deposit of $195,115.55 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5414",
"parties": {
"lessor_details": {
"name": "Farmer Ltd Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Ross, Simpson and Rhodes",
"entity_type": "S-Corp",
"address": "921 Michelle Loop\nLake Heatherhaven, VA 11328"
}
},
"property_details": {
"address": "Unit 3435 Box 0808\nDPO AP 18518",
"property_type": "Office",
"lease_area_description": "Partial floor 38A in Building 9",
"square_footage_sqft": 45570
},
"lease_terms": {
"effective_date": "2024-05-24",
"commencement_date": "2024-07-02",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 195115.55,
"annual_escalation_rate_percent": 1.68,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.32%)",
"estimated_monthly_amount_usd": 29267.33
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.08%)",
"estimated_monthly_amount_usd": 19511.56
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 195115.55,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3973
Status: Amended
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Abbott, Griffin and Schultz Holdings, and the Tenant, Kim-Wright. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-09.
The subject of this lease concerns the Partial unit 35 in Building 9 at the property located at 161 Deborah Squares
Trevinoborough, MP 29292. This Mixed-Use facility consists of approximately 4883 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-21, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $21,859.56. This figure is scheduled for an annual increase based on a 3.16% escalation rate. A security deposit of $43,719.12 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Kim-Wright is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Abbott, Griffin and Schultz Holdings. Late payments of rent will accrue interest at a rate of 5.7% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3973",
"parties": {
"lessor_details": {
"name": "Abbott, Griffin and Schultz Holdings",
"entity_type": "LLC",
"address": "034 Brady Spring\nWest Joshuaton, PR 71402"
},
"lessee_details": {
"name": "Kim-Wright",
"entity_type": "LLC"
}
},
"property_details": {
"address": "161 Deborah Squares\nTrevinoborough, MP 29292",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 35 in Building 9",
"square_footage_sqft": 4883
},
"lease_terms": {
"effective_date": "2024-04-09",
"commencement_date": "2024-04-21",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 21859.56,
"annual_escalation_rate_percent": 3.16,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.88%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.87%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 43719.12,
"late_payment_interest_rate_percent": 5.7
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Abbott, Griffin and Schultz Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Abbott, Griffin and Schultz Holdings",
"Daniels Ltd Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3744
Status: Under Review
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miller, Jackson and Ross LLC, and the Tenant, Reeves Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-27.
The subject of this lease concerns the Entire unit 26B in Building 7 at the property located at 3057 Moran Shore
Lake Richardton, NJ 44561. This Industrial facility consists of approximately 4211 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-22, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $5,818.20. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $11,636.40 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Reeves Ltd is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Miller, Jackson and Ross LLC. Late payments of rent will accrue interest at a rate of 13.5% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3744",
"parties": {
"lessor_details": {
"name": "Miller, Jackson and Ross LLC",
"entity_type": "LLC",
"address": "31451 Diaz Prairie Suite 870\nWest David, IN 98630"
},
"lessee_details": {
"name": "Reeves Ltd",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "3057 Moran Shore\nLake Richardton, NJ 44561",
"property_type": "Industrial",
"lease_area_description": "Entire unit 26B in Building 7",
"square_footage_sqft": 4211
},
"lease_terms": {
"effective_date": "2024-05-27",
"commencement_date": "2024-08-22",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 5818.2,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.61%)",
"estimated_monthly_amount_usd": 872.73
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.12%)",
"estimated_monthly_amount_usd": 581.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 11636.4,
"late_payment_interest_rate_percent": 13.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Alabama",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Miller, Jackson and Ross LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Miller, Jackson and Ross LLC",
"Washington-Lee Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5682
Status: Executed
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Vasquez-Odonnell Holdings, and the Tenant, Wong-Stewart. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-20.
The subject of this lease concerns the Partial unit 4 in Building 8 at the property located at 4011 Peter Roads
West Nicholasshire, GA 43779. This Warehouse facility consists of approximately 36302 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-19, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $86,792.03. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $173,584.06 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wong-Stewart is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Vasquez-Odonnell Holdings. Late payments of rent will accrue interest at a rate of 5.8% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5682",
"parties": {
"lessor_details": {
"name": "Vasquez-Odonnell Holdings",
"entity_type": "LLC",
"address": "Unit 3813 Box 3284\nDPO AA 52819"
},
"lessee_details": {
"name": "Wong-Stewart",
"entity_type": "Corporation",
"address": "35780 Bishop Path\nStephaniestad, AR 27645"
}
},
"property_details": {
"address": "4011 Peter Roads\nWest Nicholasshire, GA 43779",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 4 in Building 8",
"square_footage_sqft": 36302
},
"lease_terms": {
"effective_date": "2024-06-20",
"commencement_date": "2024-08-19",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 86792.03,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.98%)",
"estimated_monthly_amount_usd": 13018.8
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.17%)",
"estimated_monthly_amount_usd": 8679.2
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 173584.06,
"late_payment_interest_rate_percent": 5.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Vasquez-Odonnell Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Vasquez-Odonnell Holdings",
"Roberson-Hernandez Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3860
Status: Amended
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lopez LLC Ventures, and the Tenant, Morgan Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-18.
The subject of this lease concerns the Partial unit 25A in Building 7 at the property located at 9770 Robert Prairie
Adamland, NV 62556. This Industrial facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-18, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $97,148.84. This figure is scheduled for an annual increase based on a 2.6% escalation rate. A security deposit of $97,148.84 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Morgan Inc is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Lopez LLC Ventures. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3860",
"parties": {
"lessor_details": {
"name": "Lopez LLC Ventures",
"entity_type": "LLC",
"address": "2794 Davis Squares\nWest Robertfort, PA 52057"
},
"lessee_details": {
"name": "Morgan Inc",
"entity_type": "LLC",
"address": "44534 Kim Alley Apt. 161\nHatfieldland, AZ 06955"
}
},
"property_details": {
"address": "9770 Robert Prairie\nAdamland, NV 62556",
"property_type": "Industrial",
"lease_area_description": "Partial unit 25A in Building 7"
},
"lease_terms": {
"effective_date": "2024-01-18",
"commencement_date": "2024-01-18",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 97148.84,
"annual_escalation_rate_percent": 2.6,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 14572.33
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.67%)",
"estimated_monthly_amount_usd": 9714.88
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 97148.84
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Lopez LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Lopez LLC Ventures",
"Lopez Ltd Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-3937
Status: Executed
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hampton, Ramos and Carter LLC, and the Tenant, Johnson, Valentine and Ball. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-26.
The subject of this lease concerns the Partial unit 31A in Building 4 at the property located at 82234 Ruiz Trail
Kingberg, GA 60238. This Office facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $115,145.26. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $230,290.52 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 9.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3937",
"parties": {
"lessor_details": {
"name": "Hampton, Ramos and Carter LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Johnson, Valentine and Ball",
"entity_type": "S-Corp",
"address": "168 Emily Way Apt. 418\nEast Jamesburgh, NC 20429"
}
},
"property_details": {
"address": "82234 Ruiz Trail\nKingberg, GA 60238",
"property_type": "Office",
"lease_area_description": "Partial unit 31A in Building 4"
},
"lease_terms": {
"effective_date": "2023-08-26",
"commencement_date": "2023-10-02",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 115145.26,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.80%)",
"estimated_monthly_amount_usd": 17271.79
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.66%)",
"estimated_monthly_amount_usd": 11514.53
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 230290.52,
"late_payment_interest_rate_percent": 9.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5606
Status: Amended
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mccormick, Holden and Sellers Ventures, and the Tenant, Wallace, Reilly and Perez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-06.
The subject of this lease concerns the Entire unit 5A in Building 8 at the property located at 7148 Amy Coves Apt. 845
Ericland, AL 04232. This Industrial facility consists of approximately 27699 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-16, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $47,919.27. This figure is scheduled for an annual increase based on a 2.46% escalation rate. A security deposit of $47,919.27 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Wallace, Reilly and Perez is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Mccormick, Holden and Sellers Ventures. Late payments of rent will accrue interest at a rate of 8.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5606",
"parties": {
"lessor_details": {
"name": "Mccormick, Holden and Sellers Ventures",
"entity_type": "Limited Partnership",
"address": "28296 Michelle Trail\nNorth Bradleyton, SC 81348"
},
"lessee_details": {
"name": "Wallace, Reilly and Perez",
"entity_type": "Corporation",
"address": "47700 Jordan Courts\nLake Brendaport, CA 98707"
}
},
"property_details": {
"address": "7148 Amy Coves Apt. 845\nEricland, AL 04232",
"property_type": "Industrial",
"lease_area_description": "Entire unit 5A in Building 8",
"square_footage_sqft": 27699
},
"lease_terms": {
"effective_date": "2024-02-06",
"commencement_date": "2024-02-16",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47919.27,
"annual_escalation_rate_percent": 2.46,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.24%)",
"estimated_monthly_amount_usd": 7187.89
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.01%)",
"estimated_monthly_amount_usd": 4791.93
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 47919.27,
"late_payment_interest_rate_percent": 8.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Mccormick, Holden and Sellers Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Mccormick, Holden and Sellers Ventures",
"Hess, Powell and Stone Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5777
Status: Under Review
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Obrien, Ramirez and Hill Properties, and the Tenant, Salazar-Davidson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-15.
The subject of this lease concerns the Partial suite 49 in Building 5 at the property located at 198 Ali Stream
Port Deborahtown, MT 87866. This Mixed-Use facility consists of approximately 27001 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-05, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $101,906.27. This figure is scheduled for an annual increase based on a 2.83% escalation rate. A security deposit of $101,906.27 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 10.1% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5777",
"parties": {
"lessor_details": {
"name": "Obrien, Ramirez and Hill Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Salazar-Davidson",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "198 Ali Stream\nPort Deborahtown, MT 87866",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 49 in Building 5",
"square_footage_sqft": 27001
},
"lease_terms": {
"effective_date": "2024-07-15",
"commencement_date": "2024-10-05",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 101906.27,
"annual_escalation_rate_percent": 2.83,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.72%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.79%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 101906.27,
"late_payment_interest_rate_percent": 10.1
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9732
Status: Under Review
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Page, Gardner and Thompson Ventures, and the Tenant, Brown, Hernandez and Jensen. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-23.
The subject of this lease concerns the Partial floor 33B in Building 10 at the property located at 72906 Daniel Motorway
East Samantha, NV 80342. This Retail facility consists of approximately 45075 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-03, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $92,929.62. This figure is scheduled for an annual increase based on a 1.51% escalation rate. A security deposit of $92,929.62 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 12.0% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9732",
"parties": {
"lessor_details": {
"name": "Page, Gardner and Thompson Ventures",
"entity_type": "Limited Partnership",
"address": "861 Ariel Row\nSouth Samuelborough, WV 67406"
},
"lessee_details": {
"name": "Brown, Hernandez and Jensen",
"entity_type": "S-Corp",
"address": "494 Collier Mall Suite 591\nSarahchester, OK 45676"
}
},
"property_details": {
"address": "72906 Daniel Motorway\nEast Samantha, NV 80342",
"property_type": "Retail",
"lease_area_description": "Partial floor 33B in Building 10",
"square_footage_sqft": 45075
},
"lease_terms": {
"effective_date": "2024-01-23",
"commencement_date": "2024-02-03",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 92929.62,
"annual_escalation_rate_percent": 1.51,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.69%)",
"estimated_monthly_amount_usd": 13939.44
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.27%)",
"estimated_monthly_amount_usd": 9292.96
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 92929.62,
"late_payment_interest_rate_percent": 12.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4965
Status: Under Review
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Henson, Williams and Day LLC, and the Tenant, Brown, Hammond and Nguyen. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-16.
The subject of this lease concerns the Entire floor 26A in Building 10 at the property located at 97812 Barnes Mountains
West Taylorhaven, IN 74083. This Industrial facility consists of approximately 6750 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-24, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $17,538.75. This figure is scheduled for an annual increase based on a 2.77% escalation rate. A security deposit of $35,077.50 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Brown, Hammond and Nguyen is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Henson, Williams and Day LLC. Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4965",
"parties": {
"lessor_details": {
"name": "Henson, Williams and Day LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Brown, Hammond and Nguyen",
"entity_type": "Corporation",
"address": "USS Bryant\nFPO AA 55085"
}
},
"property_details": {
"address": "97812 Barnes Mountains\nWest Taylorhaven, IN 74083",
"property_type": "Industrial",
"lease_area_description": "Entire floor 26A in Building 10",
"square_footage_sqft": 6750
},
"lease_terms": {
"effective_date": "2024-07-16",
"commencement_date": "2024-07-24",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 17538.75,
"annual_escalation_rate_percent": 2.77,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.64%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.96%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 35077.5,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Henson, Williams and Day LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Henson, Williams and Day LLC",
"Shea Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7288
Status: Under Review
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Krause Ltd LLC, and the Tenant, Oliver-Garcia. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-03.
The subject of this lease concerns the Entire floor 10 in Building 3 at the property located at 484 Tammy Walks
Thompsonside, NE 87619. This Office facility consists of approximately 39858 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $121,168.32. This figure is scheduled for an annual increase based on a 2.58% escalation rate. A security deposit of $242,336.64 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 17.5% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7288",
"parties": {
"lessor_details": {
"name": "Krause Ltd LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Oliver-Garcia",
"entity_type": "Corporation",
"address": "7750 Blackwell Locks\nGutierrezberg, SD 62144"
}
},
"property_details": {
"address": "484 Tammy Walks\nThompsonside, NE 87619",
"property_type": "Office",
"lease_area_description": "Entire floor 10 in Building 3",
"square_footage_sqft": 39858
},
"lease_terms": {
"effective_date": "2024-06-03",
"commencement_date": "2024-07-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 121168.32,
"annual_escalation_rate_percent": 2.58,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.90%)",
"estimated_monthly_amount_usd": 18175.25
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.06%)",
"estimated_monthly_amount_usd": 12116.83
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 242336.64,
"late_payment_interest_rate_percent": 17.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8140
Status: Amended
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Soto, Barber and Coleman Ventures, and the Tenant, Robertson-Romero. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-29.
The subject of this lease concerns the Entire unit 17 in Building 3 at the property located at PSC 0819, Box 0038
APO AA 47306. This Retail facility consists of approximately 29371 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-15, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $47,189.41. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $47,189.41 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8140",
"parties": {
"lessor_details": {
"name": "Soto, Barber and Coleman Ventures",
"entity_type": "Corporation",
"address": "512 Thompson Gardens Suite 454\nChristopherville, DE 35459"
},
"lessee_details": {
"name": "Robertson-Romero",
"entity_type": "LLC"
}
},
"property_details": {
"address": "PSC 0819, Box 0038\nAPO AA 47306",
"property_type": "Retail",
"lease_area_description": "Entire unit 17 in Building 3",
"square_footage_sqft": 29371
},
"lease_terms": {
"effective_date": "2024-03-29",
"commencement_date": "2024-05-15",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47189.41,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.53%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.10%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 47189.41,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8334
Status: Amended
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Alvarez-Mccarthy Ventures, and the Tenant, James PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-22.
The subject of this lease concerns the Entire unit 7A in Building 1 at the property located at 419 Kim Divide Apt. 080
Timothychester, VT 15986. This Warehouse facility consists of approximately 5089 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-05, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $19,876.79. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $19,876.79 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 12.8% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-8334",
"parties": {
"lessor_details": {
"name": "Alvarez-Mccarthy Ventures",
"entity_type": "LLC",
"address": "1027 Rachel Highway Suite 357\nNew Michael, WA 42577"
},
"lessee_details": {
"name": "James PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "419 Kim Divide Apt. 080\nTimothychester, VT 15986",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 7A in Building 1",
"square_footage_sqft": 5089
},
"lease_terms": {
"effective_date": "2023-10-22",
"commencement_date": "2023-12-05",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 19876.79,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 2981.52
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.78%)",
"estimated_monthly_amount_usd": 1987.68
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 19876.79,
"late_payment_interest_rate_percent": 12.8
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7240
Status: Amended
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith, Powell and Hall LLC, and the Tenant, Payne Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-19.
The subject of this lease concerns the Entire suite 47A in Building 5 at the property located at 476 Rivera Shores Apt. 046
South Brittanychester, OR 04725. This Mixed-Use facility consists of approximately 33824 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-05, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $55,725.04. This figure is scheduled for an annual increase based on a 3.79% escalation rate. A security deposit of $55,725.04 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 16.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7240",
"parties": {
"lessor_details": {
"name": "Smith, Powell and Hall LLC",
"entity_type": "Corporation",
"address": "00448 Pittman Forest\nWest Maryborough, WV 72191"
},
"lessee_details": {
"name": "Payne Group",
"entity_type": "S-Corp",
"address": "695 Bryan Locks\nAllisonmouth, FL 04928"
}
},
"property_details": {
"address": "476 Rivera Shores Apt. 046\nSouth Brittanychester, OR 04725",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 47A in Building 5",
"square_footage_sqft": 33824
},
"lease_terms": {
"effective_date": "2024-04-19",
"commencement_date": "2024-07-05",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 55725.04,
"annual_escalation_rate_percent": 3.79,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.68%)",
"estimated_monthly_amount_usd": 8358.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.87%)",
"estimated_monthly_amount_usd": 5572.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 55725.04,
"late_payment_interest_rate_percent": 16.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-6142
Status: Executed
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Turner-Hicks Inc., and the Tenant, Walters-Williams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-14.
The subject of this lease concerns the Partial floor 19B in Building 6 at the property located at 111 Moreno Dam Apt. 786
North Michael, RI 55087. This Office facility consists of approximately 25566 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-06, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $53,795.12. This figure is scheduled for an annual increase based on a 2.03% escalation rate. A security deposit of $53,795.12 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Walters-Williams is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Turner-Hicks Inc.. Late payments of rent will accrue interest at a rate of 10.8% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6142",
"parties": {
"lessor_details": {
"name": "Turner-Hicks Inc.",
"entity_type": "LLC",
"address": "029 Sarah Tunnel\nMcdonaldshire, SC 44176"
},
"lessee_details": {
"name": "Walters-Williams",
"entity_type": "Corporation",
"address": "68982 Robertson Streets Apt. 962\nVictoriaview, GA 99345"
}
},
"property_details": {
"address": "111 Moreno Dam Apt. 786\nNorth Michael, RI 55087",
"property_type": "Office",
"lease_area_description": "Partial floor 19B in Building 6",
"square_footage_sqft": 25566
},
"lease_terms": {
"effective_date": "2023-08-14",
"commencement_date": "2023-10-06",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 53795.12,
"annual_escalation_rate_percent": 2.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.97%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.10%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 53795.12,
"late_payment_interest_rate_percent": 10.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Turner-Hicks Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Turner-Hicks Inc.",
"Bennett Ltd Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-1310
Status: Amended
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Campbell Group Properties, and the Tenant, Wallace LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-30.
The subject of this lease concerns the Partial floor 24 in Building 8 at the property located at 4796 Thomas Cliff Suite 990
Lake Warren, MT 65612. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $61,115.03. This figure is scheduled for an annual increase based on a 2.54% escalation rate. A security deposit of $122,230.06 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wallace LLC is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Campbell Group Properties. Late payments of rent will accrue interest at a rate of 14.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1310",
"parties": {
"lessor_details": {
"name": "Campbell Group Properties",
"entity_type": "Limited Partnership",
"address": "93258 Eric Fork\nMicheleberg, NY 07400"
},
"lessee_details": {
"name": "Wallace LLC",
"entity_type": "LLC",
"address": "7461 Hernandez Radial\nWest Carlatown, ID 36212"
}
},
"property_details": {
"address": "4796 Thomas Cliff Suite 990\nLake Warren, MT 65612",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 24 in Building 8"
},
"lease_terms": {
"effective_date": "2023-11-30",
"commencement_date": "2024-01-15",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 61115.03,
"annual_escalation_rate_percent": 2.54,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.75%)",
"estimated_monthly_amount_usd": 9167.25
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.78%)",
"estimated_monthly_amount_usd": 6111.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 122230.06,
"late_payment_interest_rate_percent": 14.9
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Campbell Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Campbell Group Properties",
"Chavez, Clark and Marquez Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9377
Status: Draft
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cook-Watson Inc., and the Tenant, Barker, Carter and Short. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-24.
The subject of this lease concerns the Entire unit 25A in Building 6 at the property located at 87651 Smith Divide
Davidland, MP 04959. This Industrial facility consists of approximately 18988 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-09, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $40,602.67. This figure is scheduled for an annual increase based on a 2.65% escalation rate. A security deposit of $81,205.34 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 13.8% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9377",
"parties": {
"lessor_details": {
"name": "Cook-Watson Inc.",
"entity_type": "LLC",
"address": "2484 Gonzalez Track\nNew Maxwellmouth, TN 20405"
},
"lessee_details": {
"name": "Barker, Carter and Short",
"entity_type": "LLC",
"address": "6941 Lisa Fields\nBrooksburgh, MO 20867"
}
},
"property_details": {
"address": "87651 Smith Divide\nDavidland, MP 04959",
"property_type": "Industrial",
"lease_area_description": "Entire unit 25A in Building 6",
"square_footage_sqft": 18988
},
"lease_terms": {
"effective_date": "2024-01-24",
"commencement_date": "2024-03-09",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 40602.67,
"annual_escalation_rate_percent": 2.65,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.54%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.06%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 81205.34,
"late_payment_interest_rate_percent": 13.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3117
Status: Amended
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Romero, Yang and Mcmillan LLC, and the Tenant, Castillo Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-28.
The subject of this lease concerns the Partial suite 3 in Building 1 at the property located at 3264 Green Cove Apt. 238
New Michaelmouth, NE 50587. This Warehouse facility consists of approximately 19215 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-31, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $77,020.13. This figure is scheduled for an annual increase based on a 1.87% escalation rate. A security deposit of $154,040.26 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 7.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3117",
"parties": {
"lessor_details": {
"name": "Romero, Yang and Mcmillan LLC",
"entity_type": "Corporation",
"address": "1060 Nathaniel Pine\nEast Reginald, MT 87874"
},
"lessee_details": {
"name": "Castillo Group",
"entity_type": "LLC",
"address": "97629 Mary Greens\nNorth Vincent, NH 10966"
}
},
"property_details": {
"address": "3264 Green Cove Apt. 238\nNew Michaelmouth, NE 50587",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 3 in Building 1",
"square_footage_sqft": 19215
},
"lease_terms": {
"effective_date": "2024-05-28",
"commencement_date": "2024-05-31",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 77020.13,
"annual_escalation_rate_percent": 1.87,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.22%)",
"estimated_monthly_amount_usd": 11553.02
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.78%)",
"estimated_monthly_amount_usd": 7702.01
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 154040.26,
"late_payment_interest_rate_percent": 7.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1561
Status: Under Review
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Graham Ltd Holdings, and the Tenant, Griffin, Sherman and Carter. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-15.
The subject of this lease concerns the Partial suite 25A in Building 6 at the property located at 230 Diane Shoals
Boothton, CO 24236. This Office facility consists of approximately 48152 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-15, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $194,132.81. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $388,265.62 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 5.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1561",
"parties": {
"lessor_details": {
"name": "Graham Ltd Holdings",
"entity_type": "Limited Partnership",
"address": "0021 Reyes Bridge Apt. 928\nNorth Gina, OR 83857"
},
"lessee_details": {
"name": "Griffin, Sherman and Carter",
"entity_type": "LLC",
"address": "72946 Steven Underpass Suite 579\nSouth Sydneyton, ME 15247"
}
},
"property_details": {
"address": "230 Diane Shoals\nBoothton, CO 24236",
"property_type": "Office",
"lease_area_description": "Partial suite 25A in Building 6",
"square_footage_sqft": 48152
},
"lease_terms": {
"effective_date": "2024-01-15",
"commencement_date": "2024-03-15",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 194132.81,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.27%)",
"estimated_monthly_amount_usd": 29119.92
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.16%)",
"estimated_monthly_amount_usd": 19413.28
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 388265.62,
"late_payment_interest_rate_percent": 5.9
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8085
Status: Under Review
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Shaw-Baker Properties, and the Tenant, Morris-Meyer. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-07.
The subject of this lease concerns the Partial unit 9 in Building 2 at the property located at 7185 Sutton Springs Suite 602
Pattersonbury, NE 09342. This Office facility consists of approximately 31617 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-18, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $73,008.92. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $146,017.84 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Morris-Meyer is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Shaw-Baker Properties. Late payments of rent will accrue interest at a rate of 16.2% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8085",
"parties": {
"lessor_details": {
"name": "Shaw-Baker Properties",
"entity_type": "Limited Partnership",
"address": "897 Graham Fort Suite 678\nJoshuaview, OK 59948"
},
"lessee_details": {
"name": "Morris-Meyer",
"entity_type": "LLC"
}
},
"property_details": {
"address": "7185 Sutton Springs Suite 602\nPattersonbury, NE 09342",
"property_type": "Office",
"lease_area_description": "Partial unit 9 in Building 2",
"square_footage_sqft": 31617
},
"lease_terms": {
"effective_date": "2024-04-07",
"commencement_date": "2024-06-18",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 73008.92,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.43%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.40%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 146017.84,
"late_payment_interest_rate_percent": 16.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Shaw-Baker Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Shaw-Baker Properties",
"Lucas-Underwood Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6432
Status: Executed
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones, Pollard and Schneider Inc., and the Tenant, Greene PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-30.
The subject of this lease concerns the Partial suite 30 in Building 3 at the property located at 0765 Brooke Land Apt. 725
Lake Victorview, PW 03041. This Industrial facility consists of approximately 29169 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-18, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $131,454.96. This figure is scheduled for an annual increase based on a 2.39% escalation rate. A security deposit of $262,909.92 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6432",
"parties": {
"lessor_details": {
"name": "Jones, Pollard and Schneider Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Greene PLC",
"entity_type": "S-Corp",
"address": "078 Owen Locks Suite 862\nMaryfort, AL 22873"
}
},
"property_details": {
"address": "0765 Brooke Land Apt. 725\nLake Victorview, PW 03041",
"property_type": "Industrial",
"lease_area_description": "Partial suite 30 in Building 3",
"square_footage_sqft": 29169
},
"lease_terms": {
"effective_date": "2024-04-30",
"commencement_date": "2024-05-18",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 131454.96,
"annual_escalation_rate_percent": 2.39,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.27%)",
"estimated_monthly_amount_usd": 19718.24
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.32%)",
"estimated_monthly_amount_usd": 13145.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 262909.92
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5952
Status: Under Review
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Reynolds and Sons Properties, and the Tenant, Carson-Wood. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-04.
The subject of this lease concerns the Entire floor 47 in Building 8 at the property located at 17450 Quinn Field Apt. 714
Lydiaside, GU 01224. This Retail facility consists of approximately 43444 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-06, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $153,140.10. This figure is scheduled for an annual increase based on a 1.57% escalation rate. A security deposit of $306,280.20 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Carson-Wood is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Reynolds and Sons Properties. Late payments of rent will accrue interest at a rate of 9.4% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5952",
"parties": {
"lessor_details": {
"name": "Reynolds and Sons Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Carson-Wood",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "17450 Quinn Field Apt. 714\nLydiaside, GU 01224",
"property_type": "Retail",
"lease_area_description": "Entire floor 47 in Building 8",
"square_footage_sqft": 43444
},
"lease_terms": {
"effective_date": "2024-05-04",
"commencement_date": "2024-05-06",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 153140.1,
"annual_escalation_rate_percent": 1.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.43%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.29%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 306280.2,
"late_payment_interest_rate_percent": 9.4
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Reynolds and Sons Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Reynolds and Sons Properties",
"Miller PLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3987
Status: Under Review
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gonzalez Ltd Inc., and the Tenant, Curry LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-11.
The subject of this lease concerns the Partial suite 48A in Building 5 at the property located at 671 Rocha Isle Suite 943
Randolphhaven, GU 46443. This Office facility consists of approximately 14463 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-22, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $61,045.91. This figure is scheduled for an annual increase based on a 2.78% escalation rate. A security deposit of $61,045.91 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 11.7% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3987",
"parties": {
"lessor_details": {
"name": "Gonzalez Ltd Inc.",
"entity_type": "LLC",
"address": "19432 Barton Garden\nJasonfurt, OH 67914"
},
"lessee_details": {
"name": "Curry LLC",
"entity_type": "S-Corp",
"address": "7111 Hunt Field\nLake Amanda, IL 03909"
}
},
"property_details": {
"address": "671 Rocha Isle Suite 943\nRandolphhaven, GU 46443",
"property_type": "Office",
"lease_area_description": "Partial suite 48A in Building 5",
"square_footage_sqft": 14463
},
"lease_terms": {
"effective_date": "2024-02-11",
"commencement_date": "2024-04-22",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 61045.91,
"annual_escalation_rate_percent": 2.78,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.30%)",
"estimated_monthly_amount_usd": 9156.89
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.79%)",
"estimated_monthly_amount_usd": 6104.59
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 61045.91,
"late_payment_interest_rate_percent": 11.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6866
Status: Under Review
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Moore LLC Holdings, and the Tenant, Clark LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-24.
The subject of this lease concerns the Entire unit 48B in Building 1 at the property located at 55094 Fuller Fork
West Dillon, PW 18076. This Retail facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-03, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $17,285.48. This figure is scheduled for an annual increase based on a 3.15% escalation rate. A security deposit of $17,285.48 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Clark LLC is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Moore LLC Holdings. Late payments of rent will accrue interest at a rate of 10.7% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6866",
"parties": {
"lessor_details": {
"name": "Moore LLC Holdings",
"entity_type": "Corporation",
"address": "018 Amanda Heights\nClarkhaven, PA 36549"
},
"lessee_details": {
"name": "Clark LLC",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "55094 Fuller Fork\nWest Dillon, PW 18076",
"property_type": "Retail",
"lease_area_description": "Entire unit 48B in Building 1"
},
"lease_terms": {
"effective_date": "2024-02-24",
"commencement_date": "2024-04-03",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 17285.48,
"annual_escalation_rate_percent": 3.15,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.43%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.84%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 17285.48,
"late_payment_interest_rate_percent": 10.7
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Moore LLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Moore LLC Holdings",
"Fletcher-Sanders Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-1639
Status: Under Review
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Salinas PLC Inc., and the Tenant, Jenkins-Giles. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-31.
The subject of this lease concerns the Entire unit 40 in Building 5 at the property located at 84453 Jill Estates
Kennethmouth, AR 55997. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $78,315.74. This figure is scheduled for an annual increase based on a 3.14% escalation rate. A security deposit of $78,315.74 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 14.7% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1639",
"parties": {
"lessor_details": {
"name": "Salinas PLC Inc.",
"entity_type": "Corporation",
"address": "Unit 7524 Box 2574\nDPO AP 14252"
},
"lessee_details": {
"name": "Jenkins-Giles",
"entity_type": "LLC",
"address": "171 Nelson Overpass Suite 636\nLake Alexis, ID 23795"
}
},
"property_details": {
"address": "84453 Jill Estates\nKennethmouth, AR 55997",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 40 in Building 5"
},
"lease_terms": {
"effective_date": "2023-08-31",
"commencement_date": "2023-10-24",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 78315.74,
"annual_escalation_rate_percent": 3.14,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.02%)",
"estimated_monthly_amount_usd": 11747.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.04%)",
"estimated_monthly_amount_usd": 7831.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 78315.74,
"late_payment_interest_rate_percent": 14.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-2129
Status: Draft
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith, Matthews and Adams Ventures, and the Tenant, Murphy, Moran and Carter. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-01.
The subject of this lease concerns the Entire suite 7A in Building 5 at the property located at 6665 Gonzalez Walks
Brittanychester, CT 23762. This Mixed-Use facility consists of approximately 27580 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $56,975.68. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $56,975.68 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2129",
"parties": {
"lessor_details": {
"name": "Smith, Matthews and Adams Ventures",
"entity_type": "Limited Partnership",
"address": "030 Vasquez Drive Apt. 736\nEast Michaelfurt, ND 74623"
},
"lessee_details": {
"name": "Murphy, Moran and Carter",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "6665 Gonzalez Walks\nBrittanychester, CT 23762",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 7A in Building 5",
"square_footage_sqft": 27580
},
"lease_terms": {
"effective_date": "2023-12-01",
"commencement_date": "2024-01-06",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 56975.68,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.29%)",
"estimated_monthly_amount_usd": 8546.35
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.16%)",
"estimated_monthly_amount_usd": 5697.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 56975.68
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2680
Status: Draft
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harper-Moss Holdings, and the Tenant, Evans, Rice and Haynes. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-18.
The subject of this lease concerns the Partial suite 34 in Building 5 at the property located at 1312 Adam Heights
Port Jasonborough, MD 63656. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-07, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $241,264.22. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $241,264.22 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Evans, Rice and Haynes is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Harper-Moss Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2680",
"parties": {
"lessor_details": {
"name": "Harper-Moss Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Evans, Rice and Haynes",
"entity_type": "S-Corp",
"address": "Unit 5707 Box 2831\nDPO AP 73363"
}
},
"property_details": {
"address": "1312 Adam Heights\nPort Jasonborough, MD 63656",
"property_type": "Industrial",
"lease_area_description": "Partial suite 34 in Building 5"
},
"lease_terms": {
"effective_date": "2024-04-18",
"commencement_date": "2024-07-07",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 241264.22,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.57%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.79%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 241264.22
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Harper-Moss Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Harper-Moss Holdings",
"Friedman, Delacruz and Wallace Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-6689
Status: Executed
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cuevas LLC Inc., and the Tenant, Middleton Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-02.
The subject of this lease concerns the Partial floor 41A in Building 1 at the property located at 956 Eugene Brooks
South Heathershire, SC 50916. This Retail facility consists of approximately 42706 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $106,053.23. This figure is scheduled for an annual increase based on a 3.0% escalation rate. A security deposit of $212,106.46 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Middleton Inc is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Cuevas LLC Inc.. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6689",
"parties": {
"lessor_details": {
"name": "Cuevas LLC Inc.",
"entity_type": "Limited Partnership",
"address": "857 Berg Coves\nSouth Jasmine, MN 93942"
},
"lessee_details": {
"name": "Middleton Inc",
"entity_type": "Corporation",
"address": "4060 Carolyn Hollow Suite 659\nVillaton, VT 81620"
}
},
"property_details": {
"address": "956 Eugene Brooks\nSouth Heathershire, SC 50916",
"property_type": "Retail",
"lease_area_description": "Partial floor 41A in Building 1",
"square_footage_sqft": 42706
},
"lease_terms": {
"effective_date": "2023-11-02",
"commencement_date": "2024-01-06",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 106053.23,
"annual_escalation_rate_percent": 3.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.54%)",
"estimated_monthly_amount_usd": 15907.98
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 10605.32
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 212106.46
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Cuevas LLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cuevas LLC Inc.",
"Cowan Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-6402
Status: Executed
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cline PLC Ventures, and the Tenant, Fisher, Farrell and Pope. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-22.
The subject of this lease concerns the Entire suite 5B in Building 5 at the property located at 53404 Gray Mountains Suite 174
South Taylor, GA 16706. This Industrial facility consists of approximately 1799 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-17, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $7,768.68. This figure is scheduled for an annual increase based on a 3.26% escalation rate. A security deposit of $15,537.36 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Fisher, Farrell and Pope is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Cline PLC Ventures. Late payments of rent will accrue interest at a rate of 16.2% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6402",
"parties": {
"lessor_details": {
"name": "Cline PLC Ventures",
"entity_type": "Corporation",
"address": "29720 Floyd Burg\nKathleenside, MD 55797"
},
"lessee_details": {
"name": "Fisher, Farrell and Pope",
"entity_type": "Corporation",
"address": "245 Meyer Drives Suite 256\nGuzmanville, HI 10600"
}
},
"property_details": {
"address": "53404 Gray Mountains Suite 174\nSouth Taylor, GA 16706",
"property_type": "Industrial",
"lease_area_description": "Entire suite 5B in Building 5",
"square_footage_sqft": 1799
},
"lease_terms": {
"effective_date": "2023-08-22",
"commencement_date": "2023-11-17",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 7768.68,
"annual_escalation_rate_percent": 3.26,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.02%)",
"estimated_monthly_amount_usd": 1165.3
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.42%)",
"estimated_monthly_amount_usd": 776.87
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 15537.36,
"late_payment_interest_rate_percent": 16.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cline PLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Cline PLC Ventures",
"Tran-Adams Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8779
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams Ltd Inc., and the Tenant, Lyons and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-23.
The subject of this lease concerns the Partial floor 33B in Building 3 at the property located at PSC 9348, Box 7353
APO AE 92576. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-08-28, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $36,001.00. This figure is scheduled for an annual increase based on a 2.64% escalation rate. A security deposit of $72,002.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Lyons and Sons is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Williams Ltd Inc.. Late payments of rent will accrue interest at a rate of 13.9% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-8779",
"parties": {
"lessor_details": {
"name": "Williams Ltd Inc.",
"entity_type": "LLC",
"address": "9160 Kyle Estate Apt. 396\nFredburgh, WI 45473"
},
"lessee_details": {
"name": "Lyons and Sons",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "PSC 9348, Box 7353\nAPO AE 92576",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 33B in Building 3"
},
"lease_terms": {
"effective_date": "2023-08-23",
"commencement_date": "2023-08-28",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 36001.0,
"annual_escalation_rate_percent": 2.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.85%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.59%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 72002.0,
"late_payment_interest_rate_percent": 13.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Williams Ltd Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Williams Ltd Inc.",
"Wood, Knapp and Shannon Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-9416
Status: Draft
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harris and Sons Ventures, and the Tenant, Davis and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-25.
The subject of this lease concerns the Entire suite 4A in Building 6 at the property located at Unit 9549 Box 3183
DPO AP 32398. This Retail facility consists of approximately 28111 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-04, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $137,743.90. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $137,743.90 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Davis and Sons is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Harris and Sons Ventures. Late payments of rent will accrue interest at a rate of 15.0% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-9416",
"parties": {
"lessor_details": {
"name": "Harris and Sons Ventures",
"entity_type": "LLC",
"address": "Unit 1365 Box 8297\nDPO AP 51775"
},
"lessee_details": {
"name": "Davis and Sons",
"entity_type": "S-Corp",
"address": "269 Green Plaza\nNorth Jessica, MO 12689"
}
},
"property_details": {
"address": "Unit 9549 Box 3183\nDPO AP 32398",
"property_type": "Retail",
"lease_area_description": "Entire suite 4A in Building 6",
"square_footage_sqft": 28111
},
"lease_terms": {
"effective_date": "2023-10-25",
"commencement_date": "2023-11-04",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 137743.9,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.98%)",
"estimated_monthly_amount_usd": 20661.58
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.36%)",
"estimated_monthly_amount_usd": 13774.39
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 137743.9,
"late_payment_interest_rate_percent": 15.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Harris and Sons Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Harris and Sons Ventures",
"Miller, Wall and Abbott Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6743
Status: Amended
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gonzales-Medina LLC, and the Tenant, Trevino-Jenkins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-11.
The subject of this lease concerns the Entire floor 32 in Building 3 at the property located at 062 Erica Creek Apt. 744
Robertside, TX 33429. This Retail facility consists of approximately 36699 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $140,220.76. This figure is scheduled for an annual increase based on a 1.85% escalation rate. A security deposit of $280,441.52 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 5.6% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6743",
"parties": {
"lessor_details": {
"name": "Gonzales-Medina LLC",
"entity_type": "Limited Partnership",
"address": "467 Deborah Knoll\nAndrewfort, HI 32190"
},
"lessee_details": {
"name": "Trevino-Jenkins",
"entity_type": "Corporation",
"address": "3686 Tina Squares\nPort Codyborough, VT 59359"
}
},
"property_details": {
"address": "062 Erica Creek Apt. 744\nRobertside, TX 33429",
"property_type": "Retail",
"lease_area_description": "Entire floor 32 in Building 3",
"square_footage_sqft": 36699
},
"lease_terms": {
"effective_date": "2024-06-11",
"commencement_date": "2024-08-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 140220.76,
"annual_escalation_rate_percent": 1.85,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.13%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.53%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 280441.52,
"late_payment_interest_rate_percent": 5.6
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-7344
Status: Executed
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bates Group Properties, and the Tenant, Stevens LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-22.
The subject of this lease concerns the Entire suite 43B in Building 8 at the property located at 57578 Cruz Fall Suite 091
Port Victoriamouth, WI 97665. This Office facility consists of approximately 13801 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-12, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $51,615.74. This figure is scheduled for an annual increase based on a 3.5% escalation rate. A security deposit of $103,231.48 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Stevens LLC is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Bates Group Properties. Late payments of rent will accrue interest at a rate of 6.9% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7344",
"parties": {
"lessor_details": {
"name": "Bates Group Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Stevens LLC",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "57578 Cruz Fall Suite 091\nPort Victoriamouth, WI 97665",
"property_type": "Office",
"lease_area_description": "Entire suite 43B in Building 8",
"square_footage_sqft": 13801
},
"lease_terms": {
"effective_date": "2023-11-22",
"commencement_date": "2024-02-12",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 51615.74,
"annual_escalation_rate_percent": 3.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.29%)",
"estimated_monthly_amount_usd": 7742.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.36%)",
"estimated_monthly_amount_usd": 5161.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 103231.48,
"late_payment_interest_rate_percent": 6.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Bates Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Bates Group Properties",
"Williams LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3203
Status: Executed
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cross LLC LLC, and the Tenant, Davila, Cisneros and Hale. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-09.
The subject of this lease concerns the Entire unit 3B in Building 8 at the property located at 875 Thomas Loop Apt. 914
East Amyview, NV 71812. This Mixed-Use facility consists of approximately 40606 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-16, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $155,994.72. This figure is scheduled for an annual increase based on a 3.32% escalation rate. A security deposit of $311,989.44 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3203",
"parties": {
"lessor_details": {
"name": "Cross LLC LLC",
"entity_type": "Limited Partnership",
"address": "683 Johnson Key Apt. 465\nStaceybury, ME 33736"
},
"lessee_details": {
"name": "Davila, Cisneros and Hale",
"entity_type": "LLC",
"address": "053 Tyler Harbors\nJenkinsburgh, MS 60549"
}
},
"property_details": {
"address": "875 Thomas Loop Apt. 914\nEast Amyview, NV 71812",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 3B in Building 8",
"square_footage_sqft": 40606
},
"lease_terms": {
"effective_date": "2024-06-09",
"commencement_date": "2024-08-16",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 155994.72,
"annual_escalation_rate_percent": 3.32,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.40%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.85%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 311989.44
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-2640
Status: Executed
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Short-Morris Holdings, and the Tenant, Perez-Greer. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-21.
The subject of this lease concerns the Entire suite 7A in Building 8 at the property located at 692 Dalton Vista Apt. 381
Santosville, IL 32715. This Retail facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-14, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $25,398.34. This figure is scheduled for an annual increase based on a 3.0% escalation rate. A security deposit of $25,398.34 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Perez-Greer is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Short-Morris Holdings. Late payments of rent will accrue interest at a rate of 13.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2640",
"parties": {
"lessor_details": {
"name": "Short-Morris Holdings",
"entity_type": "Limited Partnership",
"address": "4480 Gregory Parkway Apt. 779\nStevenstown, OH 53971"
},
"lessee_details": {
"name": "Perez-Greer",
"entity_type": "LLC"
}
},
"property_details": {
"address": "692 Dalton Vista Apt. 381\nSantosville, IL 32715",
"property_type": "Retail",
"lease_area_description": "Entire suite 7A in Building 8"
},
"lease_terms": {
"effective_date": "2023-10-21",
"commencement_date": "2023-12-14",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 25398.34,
"annual_escalation_rate_percent": 3.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.19%)",
"estimated_monthly_amount_usd": 3809.75
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.23%)",
"estimated_monthly_amount_usd": 2539.83
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 25398.34,
"late_payment_interest_rate_percent": 13.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Short-Morris Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Short-Morris Holdings",
"Barrett Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4720
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miller, Townsend and Franklin LLC, and the Tenant, Henderson, Arnold and Hendrix. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-15.
The subject of this lease concerns the Entire floor 7 in Building 2 at the property located at 76709 Frank Crossing Suite 865
Martinfort, DE 10361. This Office facility consists of approximately 49892 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-12, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $124,438.96. This figure is scheduled for an annual increase based on a 3.95% escalation rate. A security deposit of $248,877.92 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Henderson, Arnold and Hendrix is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Miller, Townsend and Franklin LLC. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4720",
"parties": {
"lessor_details": {
"name": "Miller, Townsend and Franklin LLC",
"entity_type": "Limited Partnership",
"address": "58846 Faulkner Trace\nNorth Elizabethfort, AL 94209"
},
"lessee_details": {
"name": "Henderson, Arnold and Hendrix",
"entity_type": "S-Corp",
"address": "0481 Hogan Mission\nBennettberg, DC 59735"
}
},
"property_details": {
"address": "76709 Frank Crossing Suite 865\nMartinfort, DE 10361",
"property_type": "Office",
"lease_area_description": "Entire floor 7 in Building 2",
"square_footage_sqft": 49892
},
"lease_terms": {
"effective_date": "2024-02-15",
"commencement_date": "2024-04-12",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 124438.96,
"annual_escalation_rate_percent": 3.95,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.74%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 248877.92
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Miller, Townsend and Franklin LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Miller, Townsend and Franklin LLC",
"Gibson and Sons Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-7318
Status: Executed
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Haas, Evans and Ruiz Holdings, and the Tenant, Norris-Miller. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-07.
The subject of this lease concerns the Partial unit 1B in Building 8 at the property located at 07077 Shari Row
South Monica, UT 93598. This Retail facility consists of approximately 22531 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-26, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $70,784.89. This figure is scheduled for an annual increase based on a 2.05% escalation rate. A security deposit of $141,569.78 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7318",
"parties": {
"lessor_details": {
"name": "Haas, Evans and Ruiz Holdings",
"entity_type": "Corporation",
"address": "92335 Martin Turnpike Suite 856\nEast Michaelmouth, PR 67836"
},
"lessee_details": {
"name": "Norris-Miller",
"entity_type": "S-Corp",
"address": "72218 Ferguson Points\nNorth Michael, SD 89889"
}
},
"property_details": {
"address": "07077 Shari Row\nSouth Monica, UT 93598",
"property_type": "Retail",
"lease_area_description": "Partial unit 1B in Building 8",
"square_footage_sqft": 22531
},
"lease_terms": {
"effective_date": "2023-11-07",
"commencement_date": "2024-01-26",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 70784.89,
"annual_escalation_rate_percent": 2.05,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.38%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.40%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 141569.78
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2635
Status: Under Review
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Martinez, Cochran and Bradford LLC, and the Tenant, Jackson-Weaver. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-08-05.
The subject of this lease concerns the Entire floor 48A in Building 8 at the property located at 333 Nancy Hills Apt. 855
Schmidtmouth, OR 66166. This Office facility consists of approximately 17089 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-11, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $44,075.38. This figure is scheduled for an annual increase based on a 2.25% escalation rate. A security deposit of $44,075.38 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Jackson-Weaver is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Martinez, Cochran and Bradford LLC.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2635",
"parties": {
"lessor_details": {
"name": "Martinez, Cochran and Bradford LLC",
"entity_type": "LLC",
"address": "616 Kent Route Apt. 236\nStephanieborough, PA 51086"
},
"lessee_details": {
"name": "Jackson-Weaver",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "333 Nancy Hills Apt. 855\nSchmidtmouth, OR 66166",
"property_type": "Office",
"lease_area_description": "Entire floor 48A in Building 8",
"square_footage_sqft": 17089
},
"lease_terms": {
"effective_date": "2024-08-05",
"commencement_date": "2024-09-11",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 44075.38,
"annual_escalation_rate_percent": 2.25,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.32%)",
"estimated_monthly_amount_usd": 6611.31
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.30%)",
"estimated_monthly_amount_usd": 4407.54
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 44075.38
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Martinez, Cochran and Bradford LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Martinez, Cochran and Bradford LLC",
"Kramer-Chang Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1774
Status: Executed
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Montoya, Newton and Poole LLC, and the Tenant, Mack, Ingram and Gregory. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-01.
The subject of this lease concerns the Entire floor 29A in Building 5 at the property located at 83486 Douglas Crescent Apt. 631
North Christianborough, TN 79371. This Mixed-Use facility consists of approximately 36118 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $137,248.40. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $274,496.80 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Mack, Ingram and Gregory is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Montoya, Newton and Poole LLC. Late payments of rent will accrue interest at a rate of 15.3% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1774",
"parties": {
"lessor_details": {
"name": "Montoya, Newton and Poole LLC",
"entity_type": "Corporation",
"address": "66952 Jeremiah Ridge Apt. 390\nEast Karinaborough, PW 58224"
},
"lessee_details": {
"name": "Mack, Ingram and Gregory",
"entity_type": "LLC"
}
},
"property_details": {
"address": "83486 Douglas Crescent Apt. 631\nNorth Christianborough, TN 79371",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 29A in Building 5",
"square_footage_sqft": 36118
},
"lease_terms": {
"effective_date": "2024-07-01",
"commencement_date": "2024-08-02",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 137248.4,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.48%)",
"estimated_monthly_amount_usd": 20587.26
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.09%)",
"estimated_monthly_amount_usd": 13724.84
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 274496.8,
"late_payment_interest_rate_percent": 15.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Montoya, Newton and Poole LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Montoya, Newton and Poole LLC",
"Mayo PLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7133
Status: Draft
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Torres-Martin Inc., and the Tenant, Carey Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-08-01.
The subject of this lease concerns the Partial suite 35A in Building 5 at the property located at 16708 Jeffrey Forge
New April, ND 71612. This Industrial facility consists of approximately 8790 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-25, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $29,688.22. This figure is scheduled for an annual increase based on a 2.84% escalation rate. A security deposit of $29,688.22 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 6.1% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7133",
"parties": {
"lessor_details": {
"name": "Torres-Martin Inc.",
"entity_type": "Limited Partnership",
"address": "4512 Robles Lock\nEileenville, NH 42920"
},
"lessee_details": {
"name": "Carey Group",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "16708 Jeffrey Forge\nNew April, ND 71612",
"property_type": "Industrial",
"lease_area_description": "Partial suite 35A in Building 5",
"square_footage_sqft": 8790
},
"lease_terms": {
"effective_date": "2024-08-01",
"commencement_date": "2024-10-25",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 29688.22,
"annual_escalation_rate_percent": 2.84,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.73%)",
"estimated_monthly_amount_usd": 4453.23
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.26%)",
"estimated_monthly_amount_usd": 2968.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 29688.22,
"late_payment_interest_rate_percent": 6.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4251
Status: Executed
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, York Ltd LLC, and the Tenant, White, York and Zimmerman. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-01.
The subject of this lease concerns the Partial unit 32B in Building 1 at the property located at 57696 Matthew Ridge
Richardmouth, OR 53031. This Mixed-Use facility consists of approximately 32917 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-12, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $64,489.89. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $64,489.89 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 13.3% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4251",
"parties": {
"lessor_details": {
"name": "York Ltd LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "White, York and Zimmerman",
"entity_type": "LLC",
"address": "461 Fowler Route\nNorth Jamieburgh, KY 65897"
}
},
"property_details": {
"address": "57696 Matthew Ridge\nRichardmouth, OR 53031",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 32B in Building 1",
"square_footage_sqft": 32917
},
"lease_terms": {
"effective_date": "2024-07-01",
"commencement_date": "2024-07-12",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 64489.89,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.08%)",
"estimated_monthly_amount_usd": 9673.48
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.89%)",
"estimated_monthly_amount_usd": 6448.99
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 64489.89,
"late_payment_interest_rate_percent": 13.3
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5700
Status: Amended
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miller-Chase Properties, and the Tenant, Neal-Ramirez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-08-02.
The subject of this lease concerns the Partial suite 49B in Building 6 at the property located at 533 Butler Junction Suite 283
Scottside, MS 68982. This Retail facility consists of approximately 24141 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-20, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $99,501.16. This figure is scheduled for an annual increase based on a 3.08% escalation rate. A security deposit of $99,501.16 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Neal-Ramirez is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Miller-Chase Properties.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5700",
"parties": {
"lessor_details": {
"name": "Miller-Chase Properties",
"entity_type": "LLC",
"address": "35063 Proctor Spring Apt. 314\nWalkerburgh, CO 51271"
},
"lessee_details": {
"name": "Neal-Ramirez",
"entity_type": "S-Corp",
"address": "71991 Vasquez Ridge Suite 260\nMartintown, AL 11684"
}
},
"property_details": {
"address": "533 Butler Junction Suite 283\nScottside, MS 68982",
"property_type": "Retail",
"lease_area_description": "Partial suite 49B in Building 6",
"square_footage_sqft": 24141
},
"lease_terms": {
"effective_date": "2024-08-02",
"commencement_date": "2024-09-20",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 99501.16,
"annual_escalation_rate_percent": 3.08,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.79%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.78%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 99501.16
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Michigan",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Miller-Chase Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Miller-Chase Properties",
"Mason, Mitchell and Meadows Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-3791
Status: Under Review
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wise LLC Properties, and the Tenant, Bryant, Smith and Davenport. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-20.
The subject of this lease concerns the Partial suite 6A in Building 7 at the property located at 554 Zachary Hollow Apt. 217
Lake Chadborough, FL 92894. This Mixed-Use facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-03, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $31,177.74. This figure is scheduled for an annual increase based on a 2.5% escalation rate. A security deposit of $62,355.48 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Bryant, Smith and Davenport is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Wise LLC Properties. Late payments of rent will accrue interest at a rate of 13.2% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3791",
"parties": {
"lessor_details": {
"name": "Wise LLC Properties",
"entity_type": "LLC",
"address": "73304 Wilson Wells\nMichellehaven, ND 03171"
},
"lessee_details": {
"name": "Bryant, Smith and Davenport",
"entity_type": "Corporation",
"address": "4883 Amy Estates Apt. 748\nKlinemouth, MO 27076"
}
},
"property_details": {
"address": "554 Zachary Hollow Apt. 217\nLake Chadborough, FL 92894",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 6A in Building 7"
},
"lease_terms": {
"effective_date": "2023-09-20",
"commencement_date": "2023-12-03",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 31177.74,
"annual_escalation_rate_percent": 2.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.01%)",
"estimated_monthly_amount_usd": 4676.66
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.92%)",
"estimated_monthly_amount_usd": 3117.77
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 62355.48,
"late_payment_interest_rate_percent": 13.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "North Dakota",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Wise LLC Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wise LLC Properties",
"Heath-Owens Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4400
Status: Executed
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hutchinson LLC Inc., and the Tenant, Richardson, Diaz and Davis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-11.
The subject of this lease concerns the Partial suite 25 in Building 9 at the property located at 681 Elizabeth Cliff Suite 538
South Jonathan, VI 00510. This Mixed-Use facility consists of approximately 21891 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-04, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $100,716.84. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $201,433.68 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 5.9% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4400",
"parties": {
"lessor_details": {
"name": "Hutchinson LLC Inc.",
"entity_type": "Corporation",
"address": "845 Linda Mountain Apt. 914\nAmandastad, ID 58808"
},
"lessee_details": {
"name": "Richardson, Diaz and Davis",
"entity_type": "Corporation",
"address": "956 Margaret Street Apt. 395\nNew Crystalside, MN 12555"
}
},
"property_details": {
"address": "681 Elizabeth Cliff Suite 538\nSouth Jonathan, VI 00510",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 25 in Building 9",
"square_footage_sqft": 21891
},
"lease_terms": {
"effective_date": "2024-04-11",
"commencement_date": "2024-07-04",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 100716.84,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.82%)",
"estimated_monthly_amount_usd": 15107.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.13%)",
"estimated_monthly_amount_usd": 10071.68
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 201433.68,
"late_payment_interest_rate_percent": 5.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-1005
Status: Under Review
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miles-Baker Holdings, and the Tenant, Colon, Bird and Kim. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-10.
The subject of this lease concerns the Partial unit 42A in Building 6 at the property located at PSC 1618, Box 5125
APO AP 80238. This Office facility consists of approximately 13920 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $25,972.40. This figure is scheduled for an annual increase based on a 3.53% escalation rate. A security deposit of $25,972.40 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Colon, Bird and Kim is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Miles-Baker Holdings. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1005",
"parties": {
"lessor_details": {
"name": "Miles-Baker Holdings",
"entity_type": "LLC",
"address": "5536 Maria Rapid\nNorth Sarahfort, SD 23938"
},
"lessee_details": {
"name": "Colon, Bird and Kim",
"entity_type": "S-Corp",
"address": "USNV Walter\nFPO AA 48047"
}
},
"property_details": {
"address": "PSC 1618, Box 5125\nAPO AP 80238",
"property_type": "Office",
"lease_area_description": "Partial unit 42A in Building 6",
"square_footage_sqft": 13920
},
"lease_terms": {
"effective_date": "2023-11-10",
"commencement_date": "2023-11-23",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 25972.4,
"annual_escalation_rate_percent": 3.53,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.46%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.77%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 25972.4
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Miles-Baker Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Miles-Baker Holdings",
"Walker Ltd Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6412
Status: Draft
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lewis Inc Holdings, and the Tenant, Rodriguez, Williams and Davis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-11.
The subject of this lease concerns the Partial floor 38A in Building 3 at the property located at 3848 Holland Views
East Christinaview, UT 14714. This Office facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-18, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $78,158.30. This figure is scheduled for an annual increase based on a 3.63% escalation rate. A security deposit of $78,158.30 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 17.0% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6412",
"parties": {
"lessor_details": {
"name": "Lewis Inc Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Rodriguez, Williams and Davis",
"entity_type": "LLC"
}
},
"property_details": {
"address": "3848 Holland Views\nEast Christinaview, UT 14714",
"property_type": "Office",
"lease_area_description": "Partial floor 38A in Building 3"
},
"lease_terms": {
"effective_date": "2024-01-11",
"commencement_date": "2024-01-18",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 78158.3,
"annual_escalation_rate_percent": 3.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.50%)",
"estimated_monthly_amount_usd": 11723.74
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.73%)",
"estimated_monthly_amount_usd": 7815.83
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 78158.3,
"late_payment_interest_rate_percent": 17.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8840
Status: Draft
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hudson PLC Ventures, and the Tenant, Gilbert LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-21.
The subject of this lease concerns the Partial suite 1B in Building 7 at the property located at 1774 Williams Cape Apt. 714
Port Margaretside, NE 88546. This Industrial facility consists of approximately 11121 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-13, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $20,453.37. This figure is scheduled for an annual increase based on a 3.12% escalation rate. A security deposit of $40,906.74 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 10.2% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-8840",
"parties": {
"lessor_details": {
"name": "Hudson PLC Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Gilbert LLC",
"entity_type": "Corporation",
"address": "2410 Ryan Lane\nLoriview, FM 19237"
}
},
"property_details": {
"address": "1774 Williams Cape Apt. 714\nPort Margaretside, NE 88546",
"property_type": "Industrial",
"lease_area_description": "Partial suite 1B in Building 7",
"square_footage_sqft": 11121
},
"lease_terms": {
"effective_date": "2023-12-21",
"commencement_date": "2024-02-13",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 20453.37,
"annual_escalation_rate_percent": 3.12,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.29%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.93%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 40906.74,
"late_payment_interest_rate_percent": 10.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-9842
Status: Draft
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wang-Webb Holdings, and the Tenant, Johnson, York and Johnson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-25.
The subject of this lease concerns the Partial suite 24A in Building 6 at the property located at 153 Ortiz Rest
New April, KS 08530. This Office facility consists of approximately 42786 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-20, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $198,598.35. This figure is scheduled for an annual increase based on a 2.3% escalation rate. A security deposit of $397,196.70 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Johnson, York and Johnson is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Wang-Webb Holdings. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-9842",
"parties": {
"lessor_details": {
"name": "Wang-Webb Holdings",
"entity_type": "Limited Partnership",
"address": "0664 Jessica Plains\nEast Joshuatown, NH 47107"
},
"lessee_details": {
"name": "Johnson, York and Johnson",
"entity_type": "Corporation",
"address": "80563 Le Path\nNorth Donnabury, DC 82415"
}
},
"property_details": {
"address": "153 Ortiz Rest\nNew April, KS 08530",
"property_type": "Office",
"lease_area_description": "Partial suite 24A in Building 6",
"square_footage_sqft": 42786
},
"lease_terms": {
"effective_date": "2023-08-25",
"commencement_date": "2023-11-20",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 198598.35,
"annual_escalation_rate_percent": 2.3,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.14%)",
"estimated_monthly_amount_usd": 29789.75
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.00%)",
"estimated_monthly_amount_usd": 19859.84
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 397196.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wang-Webb Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wang-Webb Holdings",
"Baker, Thompson and Molina Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-3718
Status: Under Review
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Carney-Santos Ventures, and the Tenant, Mills-Clayton. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-28.
The subject of this lease concerns the Entire floor 10B in Building 5 at the property located at 5173 Jones Spur
West Beverly, SD 89110. This Industrial facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $62,876.71. This figure is scheduled for an annual increase based on a 2.61% escalation rate. A security deposit of $125,753.42 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Mills-Clayton is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Carney-Santos Ventures. Late payments of rent will accrue interest at a rate of 14.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3718",
"parties": {
"lessor_details": {
"name": "Carney-Santos Ventures",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Mills-Clayton",
"entity_type": "LLC",
"address": "22482 Sara Trafficway Suite 368\nPort Mark, PR 73181"
}
},
"property_details": {
"address": "5173 Jones Spur\nWest Beverly, SD 89110",
"property_type": "Industrial",
"lease_area_description": "Entire floor 10B in Building 5"
},
"lease_terms": {
"effective_date": "2023-10-28",
"commencement_date": "2023-11-06",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 62876.71,
"annual_escalation_rate_percent": 2.61,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 9431.51
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.59%)",
"estimated_monthly_amount_usd": 6287.67
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 125753.42,
"late_payment_interest_rate_percent": 14.1
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Carney-Santos Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Carney-Santos Ventures",
"Johnson Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5701
Status: Under Review
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Neal, Williams and Haney Ventures, and the Tenant, Perez LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-11.
The subject of this lease concerns the Partial suite 43B in Building 4 at the property located at 4247 Monique Avenue Apt. 318
Clarkview, AS 20163. This Warehouse facility consists of approximately 38905 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-08, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $55,828.67. This figure is scheduled for an annual increase based on a 2.02% escalation rate. A security deposit of $55,828.67 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Perez LLC is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Neal, Williams and Haney Ventures.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5701",
"parties": {
"lessor_details": {
"name": "Neal, Williams and Haney Ventures",
"entity_type": "Limited Partnership",
"address": "0060 Dorothy Rest Suite 264\nNorth Carmen, NH 68058"
},
"lessee_details": {
"name": "Perez LLC",
"entity_type": "Corporation",
"address": "16572 Rice Lakes Suite 949\nJeremybury, VT 10350"
}
},
"property_details": {
"address": "4247 Monique Avenue Apt. 318\nClarkview, AS 20163",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 43B in Building 4",
"square_footage_sqft": 38905
},
"lease_terms": {
"effective_date": "2024-03-11",
"commencement_date": "2024-04-08",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 55828.67,
"annual_escalation_rate_percent": 2.02,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.27%)",
"estimated_monthly_amount_usd": 8374.3
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.39%)",
"estimated_monthly_amount_usd": 5582.87
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 55828.67
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Neal, Williams and Haney Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Neal, Williams and Haney Ventures",
"Bright and Sons Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5290
Status: Under Review
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Campos, Anderson and Clark Inc., and the Tenant, Gonzalez, Swanson and Thompson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-30.
The subject of this lease concerns the Partial suite 1B in Building 7 at the property located at 3861 Andersen Heights
Valeriemouth, KS 89144. This Office facility consists of approximately 9014 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-16, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $34,839.11. This figure is scheduled for an annual increase based on a 1.71% escalation rate. A security deposit of $69,678.22 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Gonzalez, Swanson and Thompson is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Campos, Anderson and Clark Inc.. Late payments of rent will accrue interest at a rate of 13.4% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5290",
"parties": {
"lessor_details": {
"name": "Campos, Anderson and Clark Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Gonzalez, Swanson and Thompson",
"entity_type": "Corporation",
"address": "185 Michael Glens\nPort Paulland, AL 25310"
}
},
"property_details": {
"address": "3861 Andersen Heights\nValeriemouth, KS 89144",
"property_type": "Office",
"lease_area_description": "Partial suite 1B in Building 7",
"square_footage_sqft": 9014
},
"lease_terms": {
"effective_date": "2024-01-30",
"commencement_date": "2024-03-16",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 34839.11,
"annual_escalation_rate_percent": 1.71,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.11%)",
"estimated_monthly_amount_usd": 5225.87
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.31%)",
"estimated_monthly_amount_usd": 3483.91
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 69678.22,
"late_payment_interest_rate_percent": 13.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Campos, Anderson and Clark Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Campos, Anderson and Clark Inc.",
"Schultz-Larson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-1373
Status: Under Review
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Grant, Hernandez and Adams Inc., and the Tenant, Wilkerson-Long. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-18.
The subject of this lease concerns the Entire suite 17A in Building 8 at the property located at 0116 Adrian Summit
North Jerry, IN 65603. This Industrial facility consists of approximately 19715 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-13, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $83,673.75. This figure is scheduled for an annual increase based on a 3.95% escalation rate. A security deposit of $83,673.75 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1373",
"parties": {
"lessor_details": {
"name": "Grant, Hernandez and Adams Inc.",
"entity_type": "LLC",
"address": "853 Miller Port Apt. 603\nLake Zacharymouth, NC 56844"
},
"lessee_details": {
"name": "Wilkerson-Long",
"entity_type": "Corporation",
"address": "87041 Kelly Lake\nBeckerburgh, VA 94295"
}
},
"property_details": {
"address": "0116 Adrian Summit\nNorth Jerry, IN 65603",
"property_type": "Industrial",
"lease_area_description": "Entire suite 17A in Building 8",
"square_footage_sqft": 19715
},
"lease_terms": {
"effective_date": "2023-12-18",
"commencement_date": "2024-01-13",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 83673.75,
"annual_escalation_rate_percent": 3.95,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.23%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 83673.75
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-1360
Status: Amended
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcguire, Holmes and Bradley Ventures, and the Tenant, King Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-15.
The subject of this lease concerns the Partial suite 25 in Building 4 at the property located at 7842 Elizabeth Loop
Lake Paulstad, GA 30191. This Retail facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-02, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $74,910.88. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $74,910.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 5.1% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1360",
"parties": {
"lessor_details": {
"name": "Mcguire, Holmes and Bradley Ventures",
"entity_type": "Corporation",
"address": "494 Sophia Wells Apt. 898\nHodgesside, AK 70136"
},
"lessee_details": {
"name": "King Ltd",
"entity_type": "Corporation",
"address": "USCGC Martinez\nFPO AE 92895"
}
},
"property_details": {
"address": "7842 Elizabeth Loop\nLake Paulstad, GA 30191",
"property_type": "Retail",
"lease_area_description": "Partial suite 25 in Building 4"
},
"lease_terms": {
"effective_date": "2023-10-15",
"commencement_date": "2023-12-02",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 74910.88,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.18%)",
"estimated_monthly_amount_usd": 11236.63
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.04%)",
"estimated_monthly_amount_usd": 7491.09
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 74910.88,
"late_payment_interest_rate_percent": 5.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Iowa",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2857
Status: Under Review
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cruz-Santos LLC, and the Tenant, Santana-Brown. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-12.
The subject of this lease concerns the Entire unit 21 in Building 6 at the property located at 74657 Nathaniel Lodge
Larsonfort, MI 27111. This Office facility consists of approximately 34896 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-21, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $134,349.60. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $268,699.20 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Santana-Brown is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Cruz-Santos LLC. Late payments of rent will accrue interest at a rate of 14.6% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2857",
"parties": {
"lessor_details": {
"name": "Cruz-Santos LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Santana-Brown",
"entity_type": "LLC"
}
},
"property_details": {
"address": "74657 Nathaniel Lodge\nLarsonfort, MI 27111",
"property_type": "Office",
"lease_area_description": "Entire unit 21 in Building 6",
"square_footage_sqft": 34896
},
"lease_terms": {
"effective_date": "2024-02-12",
"commencement_date": "2024-04-21",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 134349.6,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.02%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.90%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 268699.2,
"late_payment_interest_rate_percent": 14.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Cruz-Santos LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cruz-Santos LLC",
"Stanley, Jackson and Williams Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1114
Status: Executed
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown, Copeland and Donaldson Properties, and the Tenant, Taylor, Hill and Olson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-06.
The subject of this lease concerns the Partial unit 43A in Building 7 at the property located at 646 Austin Ville Apt. 398
Davidton, RI 71154. This Mixed-Use facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-26, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $108,285.07. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $216,570.14 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 9.3% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1114",
"parties": {
"lessor_details": {
"name": "Brown, Copeland and Donaldson Properties",
"entity_type": "LLC",
"address": "8884 Monica Rest Suite 875\nDiazmouth, ID 54375"
},
"lessee_details": {
"name": "Taylor, Hill and Olson",
"entity_type": "S-Corp",
"address": "13450 Anthony Creek\nEast Zacharystad, GU 16279"
}
},
"property_details": {
"address": "646 Austin Ville Apt. 398\nDavidton, RI 71154",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 43A in Building 7"
},
"lease_terms": {
"effective_date": "2024-01-06",
"commencement_date": "2024-03-26",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 108285.07,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.32%)",
"estimated_monthly_amount_usd": 16242.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.13%)",
"estimated_monthly_amount_usd": 10828.51
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 216570.14,
"late_payment_interest_rate_percent": 9.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "North Dakota",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5135
Status: Amended
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Costa, Sandoval and Alvarado Inc., and the Tenant, Li, Phillips and Fisher. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-09.
The subject of this lease concerns the Partial floor 12B in Building 9 at the property located at 08762 Russell Mill
Lake Katherine, PA 43555. This Warehouse facility consists of approximately 31065 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-09, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $70,517.55. This figure is scheduled for an annual increase based on a 1.63% escalation rate. A security deposit of $70,517.55 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Li, Phillips and Fisher is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Costa, Sandoval and Alvarado Inc.. Late payments of rent will accrue interest at a rate of 7.8% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5135",
"parties": {
"lessor_details": {
"name": "Costa, Sandoval and Alvarado Inc.",
"entity_type": "Corporation",
"address": "04613 Harris Run\nNew Melissaberg, OR 75657"
},
"lessee_details": {
"name": "Li, Phillips and Fisher",
"entity_type": "S-Corp",
"address": "66120 Everett Lights Apt. 314\nNorth Briantown, FM 08389"
}
},
"property_details": {
"address": "08762 Russell Mill\nLake Katherine, PA 43555",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 12B in Building 9",
"square_footage_sqft": 31065
},
"lease_terms": {
"effective_date": "2023-09-09",
"commencement_date": "2023-10-09",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 70517.55,
"annual_escalation_rate_percent": 1.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.66%)",
"estimated_monthly_amount_usd": 10577.63
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.48%)",
"estimated_monthly_amount_usd": 7051.76
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 70517.55,
"late_payment_interest_rate_percent": 7.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Costa, Sandoval and Alvarado Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Costa, Sandoval and Alvarado Inc.",
"Butler-Bishop Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2621
Status: Under Review
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcmahon, Burton and Williams Holdings, and the Tenant, Patterson, Mitchell and Blake. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-24.
The subject of this lease concerns the Partial unit 46 in Building 4 at the property located at 8421 William Loaf
Brianview, MP 87297. This Warehouse facility consists of approximately 38247 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-09, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $72,828.66. This figure is scheduled for an annual increase based on a 3.86% escalation rate. A security deposit of $145,657.32 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2621",
"parties": {
"lessor_details": {
"name": "Mcmahon, Burton and Williams Holdings",
"entity_type": "Corporation",
"address": "49366 Poole Path\nNew Kimberly, AL 91796"
},
"lessee_details": {
"name": "Patterson, Mitchell and Blake",
"entity_type": "Corporation",
"address": "34111 Smith Courts\nEast John, WV 09932"
}
},
"property_details": {
"address": "8421 William Loaf\nBrianview, MP 87297",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 46 in Building 4",
"square_footage_sqft": 38247
},
"lease_terms": {
"effective_date": "2024-01-24",
"commencement_date": "2024-04-09",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 72828.66,
"annual_escalation_rate_percent": 3.86,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.34%)",
"estimated_monthly_amount_usd": 10924.3
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 7282.87
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 145657.32
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6500
Status: Draft
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Booker-Stewart Ventures, and the Tenant, Hicks-Benson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-27.
The subject of this lease concerns the Partial unit 37B in Building 1 at the property located at 4762 Perez Courts Apt. 426
Mcconnellfort, MS 43273. This Warehouse facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $19,877.33. This figure is scheduled for an annual increase based on a 2.74% escalation rate. A security deposit of $19,877.33 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Hicks-Benson is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Booker-Stewart Ventures. Late payments of rent will accrue interest at a rate of 13.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6500",
"parties": {
"lessor_details": {
"name": "Booker-Stewart Ventures",
"entity_type": "Limited Partnership",
"address": "1836 Tanner Gateway\nEast Sabrinastad, TX 23819"
},
"lessee_details": {
"name": "Hicks-Benson",
"entity_type": "S-Corp",
"address": "46459 Gabriela Locks\nWest Charleshaven, TX 03509"
}
},
"property_details": {
"address": "4762 Perez Courts Apt. 426\nMcconnellfort, MS 43273",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 37B in Building 1"
},
"lease_terms": {
"effective_date": "2024-02-27",
"commencement_date": "2024-05-14",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 19877.33,
"annual_escalation_rate_percent": 2.74,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.55%)",
"estimated_monthly_amount_usd": 2981.6
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.37%)",
"estimated_monthly_amount_usd": 1987.73
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 19877.33,
"late_payment_interest_rate_percent": 13.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Booker-Stewart Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Booker-Stewart Ventures",
"Heath-Perez Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8795
Status: Under Review
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ramos Inc Ventures, and the Tenant, Nguyen-Mullins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-22.
The subject of this lease concerns the Partial floor 1B in Building 3 at the property located at 75498 Ashley Pass
Pearsonmouth, CO 74309. This Retail facility consists of approximately 12310 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $38,889.34. This figure is scheduled for an annual increase based on a 2.28% escalation rate. A security deposit of $77,778.68 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Nguyen-Mullins is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Ramos Inc Ventures. Late payments of rent will accrue interest at a rate of 11.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8795",
"parties": {
"lessor_details": {
"name": "Ramos Inc Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Nguyen-Mullins",
"entity_type": "LLC",
"address": "92075 Miller Wells Apt. 403\nNorth Eric, FM 84991"
}
},
"property_details": {
"address": "75498 Ashley Pass\nPearsonmouth, CO 74309",
"property_type": "Retail",
"lease_area_description": "Partial floor 1B in Building 3",
"square_footage_sqft": 12310
},
"lease_terms": {
"effective_date": "2024-07-22",
"commencement_date": "2024-10-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 38889.34,
"annual_escalation_rate_percent": 2.28,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.28%)",
"estimated_monthly_amount_usd": 5833.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.32%)",
"estimated_monthly_amount_usd": 3888.93
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 77778.68,
"late_payment_interest_rate_percent": 11.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Alabama",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Ramos Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Ramos Inc Ventures",
"Campbell-Mathis Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-4365
Status: Draft
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcdowell-Hall Inc., and the Tenant, Williams, Mercado and Martin. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-20.
The subject of this lease concerns the Entire floor 46B in Building 4 at the property located at 944 Jill Throughway
Nguyenmouth, MH 18357. This Mixed-Use facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-14, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $52,417.74. This figure is scheduled for an annual increase based on a 3.65% escalation rate. A security deposit of $52,417.74 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 15.9% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-4365",
"parties": {
"lessor_details": {
"name": "Mcdowell-Hall Inc.",
"entity_type": "Limited Partnership",
"address": "2650 Hernandez Views\nLake Stacey, NV 92965"
},
"lessee_details": {
"name": "Williams, Mercado and Martin",
"entity_type": "S-Corp",
"address": "50179 Theodore Lights Suite 808\nNew Donnabury, NM 19138"
}
},
"property_details": {
"address": "944 Jill Throughway\nNguyenmouth, MH 18357",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 46B in Building 4"
},
"lease_terms": {
"effective_date": "2023-10-20",
"commencement_date": "2024-01-14",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 52417.74,
"annual_escalation_rate_percent": 3.65,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.40%)",
"estimated_monthly_amount_usd": 7862.66
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 5241.77
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 52417.74,
"late_payment_interest_rate_percent": 15.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5302
Status: Executed
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fuentes and Sons Inc., and the Tenant, Kemp, Norman and Harding. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-25.
The subject of this lease concerns the Entire suite 31B in Building 3 at the property located at 7918 Johnson Brook
Lake Sara, FL 68072. This Mixed-Use facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-24, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $111,918.04. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $223,836.08 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 10.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5302",
"parties": {
"lessor_details": {
"name": "Fuentes and Sons Inc.",
"entity_type": "Corporation",
"address": "1264 Warren Dale\nPort Rebecca, AR 29971"
},
"lessee_details": {
"name": "Kemp, Norman and Harding",
"entity_type": "Corporation",
"address": "62276 Tina Radial Apt. 282\nShawnport, WY 24611"
}
},
"property_details": {
"address": "7918 Johnson Brook\nLake Sara, FL 68072",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 31B in Building 3"
},
"lease_terms": {
"effective_date": "2024-04-25",
"commencement_date": "2024-06-24",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 111918.04,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.56%)",
"estimated_monthly_amount_usd": 16787.71
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.50%)",
"estimated_monthly_amount_usd": 11191.8
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 223836.08,
"late_payment_interest_rate_percent": 10.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-7628
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Frank PLC LLC, and the Tenant, Salinas Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-24.
The subject of this lease concerns the Entire unit 32B in Building 1 at the property located at 376 Mejia Fall Suite 672
South Jennifermouth, VI 38100. This Warehouse facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-08, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $35,225.61. This figure is scheduled for an annual increase based on a 2.85% escalation rate. A security deposit of $35,225.61 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Salinas Inc is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Frank PLC LLC. Late payments of rent will accrue interest at a rate of 17.3% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7628",
"parties": {
"lessor_details": {
"name": "Frank PLC LLC",
"entity_type": "LLC",
"address": "63912 Washington Lodge\nYvonneton, WI 88293"
},
"lessee_details": {
"name": "Salinas Inc",
"entity_type": "LLC"
}
},
"property_details": {
"address": "376 Mejia Fall Suite 672\nSouth Jennifermouth, VI 38100",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 32B in Building 1"
},
"lease_terms": {
"effective_date": "2023-09-24",
"commencement_date": "2023-12-08",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 35225.61,
"annual_escalation_rate_percent": 2.85,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.53%)",
"estimated_monthly_amount_usd": 5283.84
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.37%)",
"estimated_monthly_amount_usd": 3522.56
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 35225.61,
"late_payment_interest_rate_percent": 17.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Frank PLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Frank PLC LLC",
"Johnson LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1959
Status: Draft
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gordon PLC Inc., and the Tenant, Wilson Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-27.
The subject of this lease concerns the Partial unit 14B in Building 5 at the property located at 732 Mcdonald Knolls
Lake Carrie, SD 34353. This Warehouse facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-31, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $139,117.73. This figure is scheduled for an annual increase based on a 3.36% escalation rate. A security deposit of $278,235.46 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Wilson Group is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Gordon PLC Inc.. Late payments of rent will accrue interest at a rate of 6.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1959",
"parties": {
"lessor_details": {
"name": "Gordon PLC Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Wilson Group",
"entity_type": "S-Corp",
"address": "0572 Hawkins View Suite 355\nWest Christina, NM 16993"
}
},
"property_details": {
"address": "732 Mcdonald Knolls\nLake Carrie, SD 34353",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 14B in Building 5"
},
"lease_terms": {
"effective_date": "2024-05-27",
"commencement_date": "2024-05-31",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 139117.73,
"annual_escalation_rate_percent": 3.36,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.30%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.15%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 278235.46,
"late_payment_interest_rate_percent": 6.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Missouri",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Gordon PLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Gordon PLC Inc.",
"Kennedy-Young Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-2967
Status: Draft
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Dean PLC Inc., and the Tenant, Green LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-27.
The subject of this lease concerns the Partial suite 31 in Building 1 at the property located at 073 Joshua Mission
Smithshire, NH 79845. This Office facility consists of approximately 23233 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $49,718.62. This figure is scheduled for an annual increase based on a 2.85% escalation rate. A security deposit of $99,437.24 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Green LLC is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Dean PLC Inc.. Late payments of rent will accrue interest at a rate of 5.4% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2967",
"parties": {
"lessor_details": {
"name": "Dean PLC Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Green LLC",
"entity_type": "S-Corp",
"address": "32916 Butler Hollow\nHernandeztown, PR 07852"
}
},
"property_details": {
"address": "073 Joshua Mission\nSmithshire, NH 79845",
"property_type": "Office",
"lease_area_description": "Partial suite 31 in Building 1",
"square_footage_sqft": 23233
},
"lease_terms": {
"effective_date": "2023-12-27",
"commencement_date": "2024-01-06",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 49718.62,
"annual_escalation_rate_percent": 2.85,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.22%)",
"estimated_monthly_amount_usd": 7457.79
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 4971.86
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 99437.24,
"late_payment_interest_rate_percent": 5.4
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "California",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Dean PLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Dean PLC Inc.",
"Miller, Rodriguez and Cook Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9378
Status: Amended
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Henry, Robertson and Walker Inc., and the Tenant, Mack-Bond. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-14.
The subject of this lease concerns the Entire suite 50B in Building 8 at the property located at 41357 Walker Crescent Apt. 170
Salazarmouth, GU 87143. This Office facility consists of approximately 41489 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-18, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $149,118.38. This figure is scheduled for an annual increase based on a 1.71% escalation rate. A security deposit of $149,118.38 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Mack-Bond is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Henry, Robertson and Walker Inc.. Late payments of rent will accrue interest at a rate of 13.5% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9378",
"parties": {
"lessor_details": {
"name": "Henry, Robertson and Walker Inc.",
"entity_type": "Limited Partnership",
"address": "14665 Berg Cliff Apt. 330\nNorth Jennifer, HI 50077"
},
"lessee_details": {
"name": "Mack-Bond",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "41357 Walker Crescent Apt. 170\nSalazarmouth, GU 87143",
"property_type": "Office",
"lease_area_description": "Entire suite 50B in Building 8",
"square_footage_sqft": 41489
},
"lease_terms": {
"effective_date": "2024-02-14",
"commencement_date": "2024-03-18",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 149118.38,
"annual_escalation_rate_percent": 1.71,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.47%)",
"estimated_monthly_amount_usd": 22367.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.26%)",
"estimated_monthly_amount_usd": 14911.84
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 149118.38,
"late_payment_interest_rate_percent": 13.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Henry, Robertson and Walker Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Henry, Robertson and Walker Inc.",
"Malone Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5505
Status: Executed
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Le-Ryan LLC, and the Tenant, Vega, Villanueva and Hatfield. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-21.
The subject of this lease concerns the Entire unit 50A in Building 1 at the property located at 854 Armstrong Radial Suite 307
East Amy, MI 83779. This Industrial facility consists of approximately 34791 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-30, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $142,034.26. This figure is scheduled for an annual increase based on a 3.03% escalation rate. A security deposit of $284,068.52 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Vega, Villanueva and Hatfield is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Le-Ryan LLC. Late payments of rent will accrue interest at a rate of 13.0% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5505",
"parties": {
"lessor_details": {
"name": "Le-Ryan LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Vega, Villanueva and Hatfield",
"entity_type": "S-Corp",
"address": "002 Campos Key\nNew Leslie, MN 72872"
}
},
"property_details": {
"address": "854 Armstrong Radial Suite 307\nEast Amy, MI 83779",
"property_type": "Industrial",
"lease_area_description": "Entire unit 50A in Building 1",
"square_footage_sqft": 34791
},
"lease_terms": {
"effective_date": "2024-05-21",
"commencement_date": "2024-07-30",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 142034.26,
"annual_escalation_rate_percent": 3.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.32%)",
"estimated_monthly_amount_usd": 21305.14
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.48%)",
"estimated_monthly_amount_usd": 14203.43
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 284068.52,
"late_payment_interest_rate_percent": 13.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Le-Ryan LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Le-Ryan LLC",
"Medina Ltd Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3446
Status: Executed
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Carpenter Inc LLC, and the Tenant, Williams LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-22.
The subject of this lease concerns the Partial floor 30A in Building 9 at the property located at 9456 Richard Forest Suite 818
East Zachary, WV 99725. This Warehouse facility consists of approximately 44392 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-28, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $68,104.73. This figure is scheduled for an annual increase based on a 1.8% escalation rate. A security deposit of $68,104.73 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 10.3% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3446",
"parties": {
"lessor_details": {
"name": "Carpenter Inc LLC",
"entity_type": "Corporation",
"address": "USNS Morris\nFPO AA 68741"
},
"lessee_details": {
"name": "Williams LLC",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "9456 Richard Forest Suite 818\nEast Zachary, WV 99725",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 30A in Building 9",
"square_footage_sqft": 44392
},
"lease_terms": {
"effective_date": "2024-02-22",
"commencement_date": "2024-03-28",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 68104.73,
"annual_escalation_rate_percent": 1.8,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.40%)",
"estimated_monthly_amount_usd": 10215.71
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.03%)",
"estimated_monthly_amount_usd": 6810.47
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 68104.73,
"late_payment_interest_rate_percent": 10.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-6009
Status: Under Review
Governing Jurisdiction: Oklahoma
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Underwood, Mccormick and Johnson Properties, and the Tenant, Myers Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-30.
The subject of this lease concerns the Entire floor 21 in Building 8 at the property located at 0826 Michael Course Apt. 206
Port Francis, VI 28890. This Industrial facility consists of approximately 31102 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-02, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $91,802.74. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $91,802.74 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Myers Inc is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Underwood, Mccormick and Johnson Properties. Late payments of rent will accrue interest at a rate of 12.9% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6009",
"parties": {
"lessor_details": {
"name": "Underwood, Mccormick and Johnson Properties",
"entity_type": "Corporation",
"address": "44214 Linda Mountains\nLarryside, HI 77707"
},
"lessee_details": {
"name": "Myers Inc",
"entity_type": "Corporation",
"address": "709 Kramer Passage Suite 660\nDonaldside, WA 54562"
}
},
"property_details": {
"address": "0826 Michael Course Apt. 206\nPort Francis, VI 28890",
"property_type": "Industrial",
"lease_area_description": "Entire floor 21 in Building 8",
"square_footage_sqft": 31102
},
"lease_terms": {
"effective_date": "2023-11-30",
"commencement_date": "2024-01-02",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 91802.74,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.76%)",
"estimated_monthly_amount_usd": 13770.41
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.72%)",
"estimated_monthly_amount_usd": 9180.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 91802.74,
"late_payment_interest_rate_percent": 12.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Oklahoma",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Underwood, Mccormick and Johnson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Underwood, Mccormick and Johnson Properties",
"Fields-Bryan Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2783
Status: Amended
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Huffman Ltd LLC, and the Tenant, Bond, Gallagher and Moore. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-11.
The subject of this lease concerns the Entire unit 46A in Building 9 at the property located at 74787 Stanton Shoal Apt. 241
South Michelle, OK 49367. This Retail facility consists of approximately 43177 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-02, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $188,395.64. This figure is scheduled for an annual increase based on a 3.63% escalation rate. A security deposit of $376,791.28 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Bond, Gallagher and Moore is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Huffman Ltd LLC. Late payments of rent will accrue interest at a rate of 11.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2783",
"parties": {
"lessor_details": {
"name": "Huffman Ltd LLC",
"entity_type": "Corporation",
"address": "3698 Christopher Port Apt. 368\nRobinsonfurt, RI 17043"
},
"lessee_details": {
"name": "Bond, Gallagher and Moore",
"entity_type": "LLC",
"address": "388 Daniel Locks Apt. 005\nDanielmouth, AZ 18943"
}
},
"property_details": {
"address": "74787 Stanton Shoal Apt. 241\nSouth Michelle, OK 49367",
"property_type": "Retail",
"lease_area_description": "Entire unit 46A in Building 9",
"square_footage_sqft": 43177
},
"lease_terms": {
"effective_date": "2024-01-11",
"commencement_date": "2024-04-02",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 188395.64,
"annual_escalation_rate_percent": 3.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.38%)",
"estimated_monthly_amount_usd": 28259.35
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.60%)",
"estimated_monthly_amount_usd": 18839.56
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 376791.28,
"late_payment_interest_rate_percent": 11.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Huffman Ltd LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Huffman Ltd LLC",
"Booth-Garcia Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5756
Status: Amended
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones-Thompson Properties, and the Tenant, Villarreal Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-26.
The subject of this lease concerns the Entire suite 30 in Building 6 at the property located at PSC 8690, Box 2062
APO AA 80655. This Retail facility consists of approximately 43895 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-04, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $202,063.32. This figure is scheduled for an annual increase based on a 2.76% escalation rate. A security deposit of $202,063.32 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Villarreal Ltd is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Jones-Thompson Properties. Late payments of rent will accrue interest at a rate of 9.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5756",
"parties": {
"lessor_details": {
"name": "Jones-Thompson Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Villarreal Ltd",
"entity_type": "S-Corp",
"address": "856 Nicole Hill Suite 775\nSharonside, KY 77500"
}
},
"property_details": {
"address": "PSC 8690, Box 2062\nAPO AA 80655",
"property_type": "Retail",
"lease_area_description": "Entire suite 30 in Building 6",
"square_footage_sqft": 43895
},
"lease_terms": {
"effective_date": "2023-09-26",
"commencement_date": "2023-12-04",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 202063.32,
"annual_escalation_rate_percent": 2.76,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.48%)",
"estimated_monthly_amount_usd": 30309.5
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.08%)",
"estimated_monthly_amount_usd": 20206.33
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 202063.32,
"late_payment_interest_rate_percent": 9.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Indiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Jones-Thompson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Jones-Thompson Properties",
"Porter, Miller and Landry Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5345
Status: Executed
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kelley, Morales and Davies Properties, and the Tenant, Parker-Scott. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-29.
The subject of this lease concerns the Partial floor 25B in Building 4 at the property located at 03984 Cassandra Hills Suite 763
West Frances, MD 44778. This Office facility consists of approximately 14036 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-30, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $26,399.38. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $26,399.38 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Parker-Scott is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Kelley, Morales and Davies Properties.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5345",
"parties": {
"lessor_details": {
"name": "Kelley, Morales and Davies Properties",
"entity_type": "LLC",
"address": "53744 Monique Crossing\nWest Jackland, WY 52652"
},
"lessee_details": {
"name": "Parker-Scott",
"entity_type": "LLC"
}
},
"property_details": {
"address": "03984 Cassandra Hills Suite 763\nWest Frances, MD 44778",
"property_type": "Office",
"lease_area_description": "Partial floor 25B in Building 4",
"square_footage_sqft": 14036
},
"lease_terms": {
"effective_date": "2024-01-29",
"commencement_date": "2024-01-30",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 26399.38,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.28%)",
"estimated_monthly_amount_usd": 3959.91
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.42%)",
"estimated_monthly_amount_usd": 2639.94
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 26399.38
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Kelley, Morales and Davies Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Kelley, Morales and Davies Properties",
"Steele-Fitzpatrick Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7244
Status: Amended
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown Group Ventures, and the Tenant, Ortiz Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-03.
The subject of this lease concerns the Partial unit 19B in Building 6 at the property located at 32733 Don Skyway Suite 004
Port Julieshire, VI 31897. This Retail facility consists of approximately 14857 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-21, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $24,353.10. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $24,353.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ortiz Ltd is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Brown Group Ventures. Late payments of rent will accrue interest at a rate of 12.9% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7244",
"parties": {
"lessor_details": {
"name": "Brown Group Ventures",
"entity_type": "Corporation",
"address": "708 Zachary Lane\nSouth Colinland, CT 08817"
},
"lessee_details": {
"name": "Ortiz Ltd",
"entity_type": "S-Corp",
"address": "040 Klein Common Suite 210\nNew Stacyberg, DE 21622"
}
},
"property_details": {
"address": "32733 Don Skyway Suite 004\nPort Julieshire, VI 31897",
"property_type": "Retail",
"lease_area_description": "Partial unit 19B in Building 6",
"square_footage_sqft": 14857
},
"lease_terms": {
"effective_date": "2024-05-03",
"commencement_date": "2024-07-21",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 24353.1,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.27%)",
"estimated_monthly_amount_usd": 3652.96
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 2435.31
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 24353.1,
"late_payment_interest_rate_percent": 12.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Alabama",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Brown Group Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Brown Group Ventures",
"Stevens, Flores and Burns Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7063
Status: Under Review
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Stewart, Campbell and Allen Holdings, and the Tenant, Taylor-Weaver. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-09.
The subject of this lease concerns the Partial floor 39A in Building 6 at the property located at 71187 Stephen Terrace Suite 514
Webbport, HI 65650. This Office facility consists of approximately 9750 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-12, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $33,174.38. This figure is scheduled for an annual increase based on a 2.02% escalation rate. A security deposit of $66,348.76 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Taylor-Weaver is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Stewart, Campbell and Allen Holdings. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7063",
"parties": {
"lessor_details": {
"name": "Stewart, Campbell and Allen Holdings",
"entity_type": "Limited Partnership",
"address": "5127 Hunter Village\nNew Brittany, VI 24472"
},
"lessee_details": {
"name": "Taylor-Weaver",
"entity_type": "LLC",
"address": "87414 Young Isle\nSouth Emilyville, IA 75302"
}
},
"property_details": {
"address": "71187 Stephen Terrace Suite 514\nWebbport, HI 65650",
"property_type": "Office",
"lease_area_description": "Partial floor 39A in Building 6",
"square_footage_sqft": 9750
},
"lease_terms": {
"effective_date": "2024-03-09",
"commencement_date": "2024-03-12",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 33174.38,
"annual_escalation_rate_percent": 2.02,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.63%)",
"estimated_monthly_amount_usd": 4976.16
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.89%)",
"estimated_monthly_amount_usd": 3317.44
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 66348.76
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Stewart, Campbell and Allen Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Stewart, Campbell and Allen Holdings",
"Stein, Freeman and Smith Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8857
Status: Under Review
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gomez Group LLC, and the Tenant, Bowen Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-20.
The subject of this lease concerns the Entire unit 10A in Building 9 at the property located at 55730 Holly Union Suite 851
Frederickview, ND 89319. This Mixed-Use facility consists of approximately 30234 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-25, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $103,551.45. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $103,551.45 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 15.5% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-8857",
"parties": {
"lessor_details": {
"name": "Gomez Group LLC",
"entity_type": "LLC",
"address": "365 Mary Lakes Suite 957\nPort Anthony, PW 49269"
},
"lessee_details": {
"name": "Bowen Inc",
"entity_type": "S-Corp",
"address": "PSC 2231, Box 8412\nAPO AA 62770"
}
},
"property_details": {
"address": "55730 Holly Union Suite 851\nFrederickview, ND 89319",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 10A in Building 9",
"square_footage_sqft": 30234
},
"lease_terms": {
"effective_date": "2023-12-20",
"commencement_date": "2024-02-25",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 103551.45,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.22%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.70%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 103551.45,
"late_payment_interest_rate_percent": 15.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6389
Status: Amended
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Krueger, Holloway and Warren Inc., and the Tenant, Alexander PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-01.
The subject of this lease concerns the Entire floor 16B in Building 7 at the property located at Unit 2167 Box 8972
DPO AA 56977. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-13, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $231,299.53. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $231,299.53 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Alexander PLC is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Krueger, Holloway and Warren Inc.. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6389",
"parties": {
"lessor_details": {
"name": "Krueger, Holloway and Warren Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Alexander PLC",
"entity_type": "S-Corp",
"address": "83326 Samuel Squares Apt. 069\nLake Pennyport, RI 86771"
}
},
"property_details": {
"address": "Unit 2167 Box 8972\nDPO AA 56977",
"property_type": "Industrial",
"lease_area_description": "Entire floor 16B in Building 7"
},
"lease_terms": {
"effective_date": "2024-06-01",
"commencement_date": "2024-08-13",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 231299.53,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.53%)",
"estimated_monthly_amount_usd": 34694.93
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.43%)",
"estimated_monthly_amount_usd": 23129.95
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 231299.53
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Krueger, Holloway and Warren Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Krueger, Holloway and Warren Inc.",
"Scott, Williams and Ho Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5149
Status: Under Review
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rogers, Simon and Weaver Properties, and the Tenant, Hernandez LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-28.
The subject of this lease concerns the Entire suite 27 in Building 5 at the property located at 90256 Derrick Tunnel Suite 838
Mooremouth, MO 79372. This Office facility consists of approximately 16941 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-21, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $51,684.17. This figure is scheduled for an annual increase based on a 1.64% escalation rate. A security deposit of $103,368.34 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 6.8% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5149",
"parties": {
"lessor_details": {
"name": "Rogers, Simon and Weaver Properties",
"entity_type": "Corporation",
"address": "Unit 6926 Box 5966\nDPO AE 55170"
},
"lessee_details": {
"name": "Hernandez LLC",
"entity_type": "S-Corp",
"address": "461 Daniel Drive\nMichaelstad, ME 47854"
}
},
"property_details": {
"address": "90256 Derrick Tunnel Suite 838\nMooremouth, MO 79372",
"property_type": "Office",
"lease_area_description": "Entire suite 27 in Building 5",
"square_footage_sqft": 16941
},
"lease_terms": {
"effective_date": "2024-06-28",
"commencement_date": "2024-08-21",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 51684.17,
"annual_escalation_rate_percent": 1.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.78%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.95%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 103368.34,
"late_payment_interest_rate_percent": 6.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7020
Status: Executed
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Walker Ltd Ventures, and the Tenant, Allen, Brown and Bryan. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-10.
The subject of this lease concerns the Partial floor 13 in Building 9 at the property located at 6954 Andre Place
Boyleview, IN 38668. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-24, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $8,124.91. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $16,249.82 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Allen, Brown and Bryan is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Walker Ltd Ventures. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7020",
"parties": {
"lessor_details": {
"name": "Walker Ltd Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Allen, Brown and Bryan",
"entity_type": "LLC",
"address": "21470 Wright Pine Suite 801\nLake Tarafurt, NY 01302"
}
},
"property_details": {
"address": "6954 Andre Place\nBoyleview, IN 38668",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 13 in Building 9"
},
"lease_terms": {
"effective_date": "2024-02-10",
"commencement_date": "2024-03-24",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 8124.91,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.47%)",
"estimated_monthly_amount_usd": 1218.74
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.24%)",
"estimated_monthly_amount_usd": 812.49
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 16249.82
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Walker Ltd Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Walker Ltd Ventures",
"Odonnell, Melendez and Kelley Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6868
Status: Under Review
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson-Schneider Inc., and the Tenant, Romero-Quinn. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-08-02.
The subject of this lease concerns the Entire suite 11A in Building 3 at the property located at 1765 Robert Junctions
New Annetteburgh, OR 63677. This Mixed-Use facility consists of approximately 6178 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-11, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $23,388.88. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $46,777.76 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Romero-Quinn is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Johnson-Schneider Inc.. Late payments of rent will accrue interest at a rate of 11.6% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6868",
"parties": {
"lessor_details": {
"name": "Johnson-Schneider Inc.",
"entity_type": "LLC",
"address": "37276 Evans Lakes Suite 874\nStanleyside, VI 86452"
},
"lessee_details": {
"name": "Romero-Quinn",
"entity_type": "Corporation",
"address": "764 Massey Mountain\nPort Sara, ND 96354"
}
},
"property_details": {
"address": "1765 Robert Junctions\nNew Annetteburgh, OR 63677",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 11A in Building 3",
"square_footage_sqft": 6178
},
"lease_terms": {
"effective_date": "2024-08-02",
"commencement_date": "2024-09-11",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 23388.88,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.43%)",
"estimated_monthly_amount_usd": 3508.33
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.65%)",
"estimated_monthly_amount_usd": 2338.89
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 46777.76,
"late_payment_interest_rate_percent": 11.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Iowa",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Johnson-Schneider Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Johnson-Schneider Inc.",
"Delgado-Sandoval Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5216
Status: Under Review
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown, Cisneros and Peterson LLC, and the Tenant, Green-Jones. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-21.
The subject of this lease concerns the Entire floor 4A in Building 8 at the property located at 15016 Aaron Valleys
Lindsaytown, GA 52146. This Warehouse facility consists of approximately 16961 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-07, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $77,568.31. This figure is scheduled for an annual increase based on a 2.45% escalation rate. A security deposit of $155,136.62 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Green-Jones is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Brown, Cisneros and Peterson LLC. Late payments of rent will accrue interest at a rate of 13.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5216",
"parties": {
"lessor_details": {
"name": "Brown, Cisneros and Peterson LLC",
"entity_type": "LLC",
"address": "20655 Michael Oval\nTeresatown, ME 97707"
},
"lessee_details": {
"name": "Green-Jones",
"entity_type": "S-Corp",
"address": "9278 Johnny Mount Suite 250\nSouth Lucas, UT 22358"
}
},
"property_details": {
"address": "15016 Aaron Valleys\nLindsaytown, GA 52146",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 4A in Building 8",
"square_footage_sqft": 16961
},
"lease_terms": {
"effective_date": "2024-06-21",
"commencement_date": "2024-09-07",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 77568.31,
"annual_escalation_rate_percent": 2.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.85%)",
"estimated_monthly_amount_usd": 11635.25
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 7756.83
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 155136.62,
"late_payment_interest_rate_percent": 13.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Brown, Cisneros and Peterson LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Brown, Cisneros and Peterson LLC",
"Strong, Davis and Lang Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-2125
Status: Executed
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fox, Bowman and Wilkins Holdings, and the Tenant, Ho-Taylor. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-01.
The subject of this lease concerns the Partial suite 39 in Building 8 at the property located at 61853 May Trafficway Apt. 271
West Ianfurt, MT 74047. This Warehouse facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-15, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $27,646.08. This figure is scheduled for an annual increase based on a 3.58% escalation rate. A security deposit of $27,646.08 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Ho-Taylor is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Fox, Bowman and Wilkins Holdings. Late payments of rent will accrue interest at a rate of 6.2% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2125",
"parties": {
"lessor_details": {
"name": "Fox, Bowman and Wilkins Holdings",
"entity_type": "LLC",
"address": "25155 Lori Glen\nEricfurt, MO 92612"
},
"lessee_details": {
"name": "Ho-Taylor",
"entity_type": "LLC",
"address": "37989 John Stravenue Suite 400\nBartonport, AR 07462"
}
},
"property_details": {
"address": "61853 May Trafficway Apt. 271\nWest Ianfurt, MT 74047",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 39 in Building 8"
},
"lease_terms": {
"effective_date": "2023-11-01",
"commencement_date": "2024-01-15",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 27646.08,
"annual_escalation_rate_percent": 3.58,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.30%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.84%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 27646.08,
"late_payment_interest_rate_percent": 6.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Alabama",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Fox, Bowman and Wilkins Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Fox, Bowman and Wilkins Holdings",
"Day-Briggs Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-2968
Status: Executed
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Scott and Sons Ventures, and the Tenant, Molina Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-17.
The subject of this lease concerns the Entire floor 47A in Building 8 at the property located at 898 Billy Oval
Lake Stephenshire, NJ 12726. This Industrial facility consists of approximately 45633 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-19, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $187,817.82. This figure is scheduled for an annual increase based on a 3.51% escalation rate. A security deposit of $375,635.64 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Molina Inc is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Scott and Sons Ventures.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2968",
"parties": {
"lessor_details": {
"name": "Scott and Sons Ventures",
"entity_type": "Limited Partnership",
"address": "2005 Robert Union Apt. 482\nStephanieville, VA 95004"
},
"lessee_details": {
"name": "Molina Inc",
"entity_type": "Corporation",
"address": "USS Williams\nFPO AP 80745"
}
},
"property_details": {
"address": "898 Billy Oval\nLake Stephenshire, NJ 12726",
"property_type": "Industrial",
"lease_area_description": "Entire floor 47A in Building 8",
"square_footage_sqft": 45633
},
"lease_terms": {
"effective_date": "2023-09-17",
"commencement_date": "2023-09-19",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 187817.82,
"annual_escalation_rate_percent": 3.51,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.29%)",
"estimated_monthly_amount_usd": 28172.67
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.22%)",
"estimated_monthly_amount_usd": 18781.78
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 375635.64
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Scott and Sons Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Scott and Sons Ventures",
"Taylor Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8973
Status: Amended
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Herman and Sons Ventures, and the Tenant, Greene-Garza. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-02.
The subject of this lease concerns the Partial suite 46 in Building 8 at the property located at 006 Sarah Ferry
North Melissa, NM 26674. This Industrial facility consists of approximately 16286 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-03, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $42,560.75. This figure is scheduled for an annual increase based on a 1.63% escalation rate. A security deposit of $85,121.50 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Greene-Garza is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Herman and Sons Ventures. Late payments of rent will accrue interest at a rate of 14.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8973",
"parties": {
"lessor_details": {
"name": "Herman and Sons Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Greene-Garza",
"entity_type": "LLC",
"address": "27638 Olson Route Apt. 132\nSanchezmouth, VI 38913"
}
},
"property_details": {
"address": "006 Sarah Ferry\nNorth Melissa, NM 26674",
"property_type": "Industrial",
"lease_area_description": "Partial suite 46 in Building 8",
"square_footage_sqft": 16286
},
"lease_terms": {
"effective_date": "2024-03-02",
"commencement_date": "2024-03-03",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 42560.75,
"annual_escalation_rate_percent": 1.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 6384.11
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.61%)",
"estimated_monthly_amount_usd": 4256.08
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 85121.5,
"late_payment_interest_rate_percent": 14.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Herman and Sons Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Herman and Sons Ventures",
"Todd, Stephens and Rivera Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5676
Status: Amended
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Russell, Hurst and Evans Inc., and the Tenant, Simon, Wilson and Richards. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-10.
The subject of this lease concerns the Partial floor 30A in Building 1 at the property located at 44202 Brown Overpass Apt. 400
Erinside, AR 72520. This Mixed-Use facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-27, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $50,811.84. This figure is scheduled for an annual increase based on a 3.68% escalation rate. A security deposit of $50,811.84 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Simon, Wilson and Richards is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Russell, Hurst and Evans Inc.. Late payments of rent will accrue interest at a rate of 15.4% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5676",
"parties": {
"lessor_details": {
"name": "Russell, Hurst and Evans Inc.",
"entity_type": "Corporation",
"address": "58993 Livingston Crossing\nMariemouth, LA 13168"
},
"lessee_details": {
"name": "Simon, Wilson and Richards",
"entity_type": "Corporation",
"address": "975 Martin Gateway\nRobertshire, KY 28285"
}
},
"property_details": {
"address": "44202 Brown Overpass Apt. 400\nErinside, AR 72520",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 30A in Building 1"
},
"lease_terms": {
"effective_date": "2023-10-10",
"commencement_date": "2023-12-27",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 50811.84,
"annual_escalation_rate_percent": 3.68,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.71%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.90%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 50811.84,
"late_payment_interest_rate_percent": 15.4
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Russell, Hurst and Evans Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Russell, Hurst and Evans Inc.",
"English PLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8497
Status: Amended
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Valenzuela, Alvarado and Blackwell Properties, and the Tenant, Thomas Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-23.
The subject of this lease concerns the Entire floor 42B in Building 9 at the property located at Unit 8444 Box 2697
DPO AA 29067. This Industrial facility consists of approximately 6640 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-25, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $23,234.47. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $23,234.47 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Thomas Ltd is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Valenzuela, Alvarado and Blackwell Properties. Late payments of rent will accrue interest at a rate of 7.7% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8497",
"parties": {
"lessor_details": {
"name": "Valenzuela, Alvarado and Blackwell Properties",
"entity_type": "Limited Partnership",
"address": "9787 Sheri Turnpike\nAndersonland, KS 89259"
},
"lessee_details": {
"name": "Thomas Ltd",
"entity_type": "LLC",
"address": "362 Acosta Views Apt. 362\nFieldsmouth, AS 49011"
}
},
"property_details": {
"address": "Unit 8444 Box 2697\nDPO AA 29067",
"property_type": "Industrial",
"lease_area_description": "Entire floor 42B in Building 9",
"square_footage_sqft": 6640
},
"lease_terms": {
"effective_date": "2024-02-23",
"commencement_date": "2024-04-25",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 23234.47,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.98%)",
"estimated_monthly_amount_usd": 3485.17
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.95%)",
"estimated_monthly_amount_usd": 2323.45
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 23234.47,
"late_payment_interest_rate_percent": 7.7
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Valenzuela, Alvarado and Blackwell Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Valenzuela, Alvarado and Blackwell Properties",
"Jones-Lee Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8694
Status: Draft
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jimenez, Morris and Fuentes Ventures, and the Tenant, Garza-Johnson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-22.
The subject of this lease concerns the Entire unit 11 in Building 3 at the property located at 951 Christopher Bridge Suite 175
Greenmouth, TX 21378. This Retail facility consists of approximately 7840 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-13, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $16,823.33. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $16,823.33 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Garza-Johnson is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Jimenez, Morris and Fuentes Ventures. Late payments of rent will accrue interest at a rate of 16.8% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8694",
"parties": {
"lessor_details": {
"name": "Jimenez, Morris and Fuentes Ventures",
"entity_type": "Limited Partnership",
"address": "09521 Watkins Crest\nNew Amy, MP 16088"
},
"lessee_details": {
"name": "Garza-Johnson",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "951 Christopher Bridge Suite 175\nGreenmouth, TX 21378",
"property_type": "Retail",
"lease_area_description": "Entire unit 11 in Building 3",
"square_footage_sqft": 7840
},
"lease_terms": {
"effective_date": "2024-04-22",
"commencement_date": "2024-07-13",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 16823.33,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.22%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 16823.33,
"late_payment_interest_rate_percent": 16.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Jimenez, Morris and Fuentes Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jimenez, Morris and Fuentes Ventures",
"Sanchez, Vargas and Miller Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-6876
Status: Under Review
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Henry, Wallace and Thomas Inc., and the Tenant, Sparks Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-12.
The subject of this lease concerns the Entire suite 46 in Building 3 at the property located at Unit 9141 Box 5689
DPO AA 22651. This Mixed-Use facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-16, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $36,293.30. This figure is scheduled for an annual increase based on a 3.35% escalation rate. A security deposit of $72,586.60 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Sparks Group is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Henry, Wallace and Thomas Inc..
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6876",
"parties": {
"lessor_details": {
"name": "Henry, Wallace and Thomas Inc.",
"entity_type": "Limited Partnership",
"address": "3977 Elizabeth Drives Suite 854\nHaileytown, MN 38956"
},
"lessee_details": {
"name": "Sparks Group",
"entity_type": "Corporation",
"address": "191 Greg Terrace\nNorth Mark, MN 56651"
}
},
"property_details": {
"address": "Unit 9141 Box 5689\nDPO AA 22651",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 46 in Building 3"
},
"lease_terms": {
"effective_date": "2023-11-12",
"commencement_date": "2024-01-16",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 36293.3,
"annual_escalation_rate_percent": 3.35,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.73%)",
"estimated_monthly_amount_usd": 5444.0
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.16%)",
"estimated_monthly_amount_usd": 3629.33
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 72586.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Henry, Wallace and Thomas Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Henry, Wallace and Thomas Inc.",
"Richardson, Salas and Thompson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4338
Status: Under Review
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Alvarez Inc Ventures, and the Tenant, Johnson-Orr. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-12.
The subject of this lease concerns the Entire unit 47A in Building 8 at the property located at 507 Griffin Station
Henryborough, MO 73360. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-01, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $170,889.37. This figure is scheduled for an annual increase based on a 3.21% escalation rate. A security deposit of $170,889.37 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Johnson-Orr is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Alvarez Inc Ventures. Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4338",
"parties": {
"lessor_details": {
"name": "Alvarez Inc Ventures",
"entity_type": "LLC",
"address": "PSC 8110, Box 6532\nAPO AP 42659"
},
"lessee_details": {
"name": "Johnson-Orr",
"entity_type": "LLC",
"address": "9996 Gregory Ports Apt. 581\nGrantport, FL 08157"
}
},
"property_details": {
"address": "507 Griffin Station\nHenryborough, MO 73360",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 47A in Building 8"
},
"lease_terms": {
"effective_date": "2024-05-12",
"commencement_date": "2024-07-01",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 170889.37,
"annual_escalation_rate_percent": 3.21,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.56%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.46%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 170889.37,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Michigan",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Alvarez Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Alvarez Inc Ventures",
"Evans PLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5549
Status: Executed
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cunningham, Russo and Molina Ventures, and the Tenant, Foley, Camacho and Jackson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-03.
The subject of this lease concerns the Partial suite 27B in Building 1 at the property located at USCGC Banks
FPO AE 53692. This Mixed-Use facility consists of approximately 24802 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-25, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $66,779.39. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $66,779.39 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Foley, Camacho and Jackson is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Cunningham, Russo and Molina Ventures. Late payments of rent will accrue interest at a rate of 10.9% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5549",
"parties": {
"lessor_details": {
"name": "Cunningham, Russo and Molina Ventures",
"entity_type": "Limited Partnership",
"address": "9952 Underwood Mill Apt. 549\nWest Douglas, MT 20187"
},
"lessee_details": {
"name": "Foley, Camacho and Jackson",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "USCGC Banks\nFPO AE 53692",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 27B in Building 1",
"square_footage_sqft": 24802
},
"lease_terms": {
"effective_date": "2024-07-03",
"commencement_date": "2024-09-25",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 66779.39,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.35%)",
"estimated_monthly_amount_usd": 10016.91
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.59%)",
"estimated_monthly_amount_usd": 6677.94
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 66779.39,
"late_payment_interest_rate_percent": 10.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Vermont",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cunningham, Russo and Molina Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cunningham, Russo and Molina Ventures",
"Turner, Reyes and Navarro Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2496
Status: Draft
Governing Jurisdiction: Oklahoma
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ayala-Gonzalez LLC, and the Tenant, Miller, Hall and Harris. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-29.
The subject of this lease concerns the Entire suite 43 in Building 10 at the property located at 568 Cooper Village Suite 357
Johnmouth, AS 49401. This Mixed-Use facility consists of approximately 33537 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-25, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $84,010.18. This figure is scheduled for an annual increase based on a 3.75% escalation rate. A security deposit of $84,010.18 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 12.4% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2496",
"parties": {
"lessor_details": {
"name": "Ayala-Gonzalez LLC",
"entity_type": "Corporation",
"address": "918 Bryan Extensions Suite 295\nPort Christopher, KS 95157"
},
"lessee_details": {
"name": "Miller, Hall and Harris",
"entity_type": "Corporation",
"address": "68278 Bishop Prairie Apt. 649\nNorth Grantland, NY 95027"
}
},
"property_details": {
"address": "568 Cooper Village Suite 357\nJohnmouth, AS 49401",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 43 in Building 10",
"square_footage_sqft": 33537
},
"lease_terms": {
"effective_date": "2024-03-29",
"commencement_date": "2024-05-25",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 84010.18,
"annual_escalation_rate_percent": 3.75,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.37%)",
"estimated_monthly_amount_usd": 12601.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.44%)",
"estimated_monthly_amount_usd": 8401.02
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 84010.18,
"late_payment_interest_rate_percent": 12.4
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Oklahoma",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7725
Status: Under Review
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Luna, Hall and Beck LLC, and the Tenant, Rivera PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-26.
The subject of this lease concerns the Entire floor 47A in Building 4 at the property located at 6301 Norris Knolls Suite 283
Russellborough, AS 73399. This Warehouse facility consists of approximately 21615 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-13, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $39,663.53. This figure is scheduled for an annual increase based on a 3.31% escalation rate. A security deposit of $79,327.06 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 10.0% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7725",
"parties": {
"lessor_details": {
"name": "Luna, Hall and Beck LLC",
"entity_type": "Limited Partnership",
"address": "488 Sean Grove Suite 961\nEast Victor, MD 85333"
},
"lessee_details": {
"name": "Rivera PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "6301 Norris Knolls Suite 283\nRussellborough, AS 73399",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 47A in Building 4",
"square_footage_sqft": 21615
},
"lease_terms": {
"effective_date": "2024-03-26",
"commencement_date": "2024-05-13",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 39663.53,
"annual_escalation_rate_percent": 3.31,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.64%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.20%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 79327.06,
"late_payment_interest_rate_percent": 10.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4234
Status: Draft
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Long-Tapia Ventures, and the Tenant, Jensen-Olson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-10.
The subject of this lease concerns the Partial floor 35A in Building 1 at the property located at 9651 Matthew Groves
Seanberg, IA 71022. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-12, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $213,575.91. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $427,151.82 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Jensen-Olson is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Long-Tapia Ventures. Late payments of rent will accrue interest at a rate of 14.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4234",
"parties": {
"lessor_details": {
"name": "Long-Tapia Ventures",
"entity_type": "LLC",
"address": "USNS Hansen\nFPO AA 74550"
},
"lessee_details": {
"name": "Jensen-Olson",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "9651 Matthew Groves\nSeanberg, IA 71022",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 35A in Building 1"
},
"lease_terms": {
"effective_date": "2024-03-10",
"commencement_date": "2024-03-12",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 213575.91,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.36%)",
"estimated_monthly_amount_usd": 32036.39
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.52%)",
"estimated_monthly_amount_usd": 21357.59
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 427151.82,
"late_payment_interest_rate_percent": 14.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Long-Tapia Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Long-Tapia Ventures",
"Hanson-Holmes Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4924
Status: Draft
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown, Rose and Burns LLC, and the Tenant, Ayala PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-16.
The subject of this lease concerns the Entire floor 23B in Building 5 at the property located at 347 Jones Court Apt. 593
Vanessaborough, DC 53913. This Mixed-Use facility consists of approximately 43753 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-04, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $103,767.53. This figure is scheduled for an annual increase based on a 2.59% escalation rate. A security deposit of $207,535.06 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Ayala PLC is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Brown, Rose and Burns LLC. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4924",
"parties": {
"lessor_details": {
"name": "Brown, Rose and Burns LLC",
"entity_type": "Limited Partnership",
"address": "2041 Hector Manor Suite 261\nLake Shaunshire, WY 61743"
},
"lessee_details": {
"name": "Ayala PLC",
"entity_type": "LLC",
"address": "30123 Jennifer Lakes Apt. 106\nEast Dustin, OR 97338"
}
},
"property_details": {
"address": "347 Jones Court Apt. 593\nVanessaborough, DC 53913",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 23B in Building 5",
"square_footage_sqft": 43753
},
"lease_terms": {
"effective_date": "2024-06-16",
"commencement_date": "2024-07-04",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 103767.53,
"annual_escalation_rate_percent": 2.59,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.11%)",
"estimated_monthly_amount_usd": 15565.13
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.35%)",
"estimated_monthly_amount_usd": 10376.75
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 207535.06
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Brown, Rose and Burns LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Brown, Rose and Burns LLC",
"Rogers-Grimes Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6939
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kelley, Mccormick and Strickland Ventures, and the Tenant, Fox Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-07.
The subject of this lease concerns the Entire unit 48 in Building 10 at the property located at 76461 Duane Freeway Suite 466
Murphymouth, MT 90641. This Mixed-Use facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-22, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $32,591.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $65,182.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 13.2% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6939",
"parties": {
"lessor_details": {
"name": "Kelley, Mccormick and Strickland Ventures",
"entity_type": "Limited Partnership",
"address": "6058 Jocelyn Burgs Suite 732\nEast Marieside, NC 09906"
},
"lessee_details": {
"name": "Fox Inc",
"entity_type": "S-Corp",
"address": "06727 Herrera Greens\nDanielmouth, GA 84579"
}
},
"property_details": {
"address": "76461 Duane Freeway Suite 466\nMurphymouth, MT 90641",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 48 in Building 10"
},
"lease_terms": {
"effective_date": "2024-03-07",
"commencement_date": "2024-03-22",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 32591.0,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.74%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.85%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 65182.0,
"late_payment_interest_rate_percent": 13.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5369
Status: Amended
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hanson and Sons Inc., and the Tenant, Raymond LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-10.
The subject of this lease concerns the Entire floor 4 in Building 1 at the property located at Unit 1281 Box 9705
DPO AP 14165. This Office facility consists of approximately 12276 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $16,859.04. This figure is scheduled for an annual increase based on a 2.18% escalation rate. A security deposit of $16,859.04 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 17.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5369",
"parties": {
"lessor_details": {
"name": "Hanson and Sons Inc.",
"entity_type": "Limited Partnership",
"address": "04585 Ashley Stravenue Apt. 547\nMooreborough, TN 11860"
},
"lessee_details": {
"name": "Raymond LLC",
"entity_type": "S-Corp",
"address": "9936 Amanda Ridges Suite 974\nNew Alison, NY 60308"
}
},
"property_details": {
"address": "Unit 1281 Box 9705\nDPO AP 14165",
"property_type": "Office",
"lease_area_description": "Entire floor 4 in Building 1",
"square_footage_sqft": 12276
},
"lease_terms": {
"effective_date": "2024-01-10",
"commencement_date": "2024-01-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 16859.04,
"annual_escalation_rate_percent": 2.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.58%)",
"estimated_monthly_amount_usd": 2528.86
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.39%)",
"estimated_monthly_amount_usd": 1685.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 16859.04,
"late_payment_interest_rate_percent": 17.7
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1657
Status: Draft
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, King Inc Inc., and the Tenant, Ortiz, Mason and Gutierrez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-24.
The subject of this lease concerns the Entire floor 9B in Building 6 at the property located at 5957 Miller Parkways
South Deborahshire, MA 80174. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $64,730.65. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $129,461.30 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ortiz, Mason and Gutierrez is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including King Inc Inc.. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1657",
"parties": {
"lessor_details": {
"name": "King Inc Inc.",
"entity_type": "Limited Partnership",
"address": "08828 Patricia Canyon\nIvanbury, PA 97202"
},
"lessee_details": {
"name": "Ortiz, Mason and Gutierrez",
"entity_type": "LLC",
"address": "3482 Phyllis Lake Apt. 479\nNorth Janetchester, SC 82873"
}
},
"property_details": {
"address": "5957 Miller Parkways\nSouth Deborahshire, MA 80174",
"property_type": "Industrial",
"lease_area_description": "Entire floor 9B in Building 6"
},
"lease_terms": {
"effective_date": "2024-02-24",
"commencement_date": "2024-02-24",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 64730.65,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 9709.6
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.09%)",
"estimated_monthly_amount_usd": 6473.06
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 129461.3
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"King Inc Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"King Inc Inc.",
"Peters-Robinson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-3280
Status: Executed
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Morris, Barnes and Parks Properties, and the Tenant, Simon PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-30.
The subject of this lease concerns the Partial unit 45B in Building 4 at the property located at 48519 Brenda Manor
Gabrielleside, GA 60621. This Retail facility consists of approximately 49434 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-07, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $245,192.64. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $490,385.28 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3280",
"parties": {
"lessor_details": {
"name": "Morris, Barnes and Parks Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Simon PLC",
"entity_type": "LLC",
"address": "440 Sara Lane\nWest Patricia, VA 11391"
}
},
"property_details": {
"address": "48519 Brenda Manor\nGabrielleside, GA 60621",
"property_type": "Retail",
"lease_area_description": "Partial unit 45B in Building 4",
"square_footage_sqft": 49434
},
"lease_terms": {
"effective_date": "2023-10-30",
"commencement_date": "2023-11-07",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 245192.64,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.15%)",
"estimated_monthly_amount_usd": 36778.9
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.46%)",
"estimated_monthly_amount_usd": 24519.26
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 490385.28
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7965
Status: Draft
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gray LLC Properties, and the Tenant, Wood-Newman. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-30.
The subject of this lease concerns the Entire floor 40 in Building 7 at the property located at 587 Collins Point Suite 733
Rebeccahaven, UT 73010. This Mixed-Use facility consists of approximately 19218 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-06, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $44,761.92. This figure is scheduled for an annual increase based on a 3.67% escalation rate. A security deposit of $89,523.84 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 13.6% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7965",
"parties": {
"lessor_details": {
"name": "Gray LLC Properties",
"entity_type": "LLC",
"address": "728 Lori Locks\nLynchland, KS 41417"
},
"lessee_details": {
"name": "Wood-Newman",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "587 Collins Point Suite 733\nRebeccahaven, UT 73010",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 40 in Building 7",
"square_footage_sqft": 19218
},
"lease_terms": {
"effective_date": "2024-03-30",
"commencement_date": "2024-05-06",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 44761.92,
"annual_escalation_rate_percent": 3.67,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.36%)",
"estimated_monthly_amount_usd": 6714.29
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 4476.19
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 89523.84,
"late_payment_interest_rate_percent": 13.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5703
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mercado, Diaz and Butler Ventures, and the Tenant, Larson Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-02.
The subject of this lease concerns the Partial floor 40 in Building 5 at the property located at 827 Laura Wall Suite 253
Fowlerview, VT 18616. This Warehouse facility consists of approximately 15516 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-08, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $63,550.95. This figure is scheduled for an annual increase based on a 3.63% escalation rate. A security deposit of $63,550.95 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5703",
"parties": {
"lessor_details": {
"name": "Mercado, Diaz and Butler Ventures",
"entity_type": "LLC",
"address": "80749 Franco Springs\nWeaverton, FL 16331"
},
"lessee_details": {
"name": "Larson Group",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "827 Laura Wall Suite 253\nFowlerview, VT 18616",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 40 in Building 5",
"square_footage_sqft": 15516
},
"lease_terms": {
"effective_date": "2024-03-02",
"commencement_date": "2024-04-08",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 63550.95,
"annual_escalation_rate_percent": 3.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.91%)",
"estimated_monthly_amount_usd": 9532.64
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.69%)",
"estimated_monthly_amount_usd": 6355.1
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 63550.95
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2892
Status: Amended
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wilson PLC Holdings, and the Tenant, Ford PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-01.
The subject of this lease concerns the Entire floor 4 in Building 10 at the property located at 540 Charles Loop Suite 628
Ramirezmouth, FM 51378. This Office facility consists of approximately 23912 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-11, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $44,356.76. This figure is scheduled for an annual increase based on a 2.33% escalation rate. A security deposit of $88,713.52 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ford PLC is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Wilson PLC Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2892",
"parties": {
"lessor_details": {
"name": "Wilson PLC Holdings",
"entity_type": "LLC",
"address": "1980 Rebecca Glens\nNew Robin, NJ 50515"
},
"lessee_details": {
"name": "Ford PLC",
"entity_type": "Corporation",
"address": "43258 Brown Parkway\nSantanaport, VT 55853"
}
},
"property_details": {
"address": "540 Charles Loop Suite 628\nRamirezmouth, FM 51378",
"property_type": "Office",
"lease_area_description": "Entire floor 4 in Building 10",
"square_footage_sqft": 23912
},
"lease_terms": {
"effective_date": "2024-05-01",
"commencement_date": "2024-05-11",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 44356.76,
"annual_escalation_rate_percent": 2.33,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.95%)",
"estimated_monthly_amount_usd": 6653.51
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.32%)",
"estimated_monthly_amount_usd": 4435.68
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 88713.52
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Wilson PLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Wilson PLC Holdings",
"Wall and Sons Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4479
Status: Amended
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Eaton-Morrison Holdings, and the Tenant, Brennan-Kirk. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-15.
The subject of this lease concerns the Partial suite 13 in Building 6 at the property located at 63697 Lambert Loaf Apt. 456
Bryanmouth, MP 43687. This Warehouse facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $69,581.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $69,581.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Brennan-Kirk is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Eaton-Morrison Holdings. Late payments of rent will accrue interest at a rate of 16.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4479",
"parties": {
"lessor_details": {
"name": "Eaton-Morrison Holdings",
"entity_type": "Limited Partnership",
"address": "87015 Wu Greens Suite 877\nEast Kathrynshire, FL 23387"
},
"lessee_details": {
"name": "Brennan-Kirk",
"entity_type": "S-Corp",
"address": "46705 Nicole Flat\nNorth Rogerport, FM 15954"
}
},
"property_details": {
"address": "63697 Lambert Loaf Apt. 456\nBryanmouth, MP 43687",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 13 in Building 6"
},
"lease_terms": {
"effective_date": "2024-03-15",
"commencement_date": "2024-04-24",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 69581.0,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.18%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.11%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 69581.0,
"late_payment_interest_rate_percent": 16.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Eaton-Morrison Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Eaton-Morrison Holdings",
"Mendoza-Gonzalez Mortgage Corp."
]
}
]
}
|
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