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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-2024-1527
Status: Amended
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Duke Group Inc., and the Tenant, Howard 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 2024-07-20.
The subject of this lease concerns the Entire floor 14 in Building 7 at the property located at 204 Patterson Spring Apt. 388
West Suzanne, LA 25587. This Office facility consists of approximately 24365 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-29, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $71,531.58. This figure is scheduled for an annual increase based on a 1.94% escalation rate. A security deposit of $143,063.16 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, Howard Ltd 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 Duke Group Inc.. 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-2024-1527",
"parties": {
"lessor_details": {
"name": "Duke Group Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Howard Ltd",
"entity_type": "LLC",
"address": "Unit 6924 Box 1328\nDPO AE 42626"
}
},
"property_details": {
"address": "204 Patterson Spring Apt. 388\nWest Suzanne, LA 25587",
"property_type": "Office",
"lease_area_description": "Entire floor 14 in Building 7",
"square_footage_sqft": 24365
},
"lease_terms": {
"effective_date": "2024-07-20",
"commencement_date": "2024-08-29",
"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": 60,
"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": 90,
"penalty_details": "5 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": 71531.58,
"annual_escalation_rate_percent": 1.94,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.86%)",
"estimated_monthly_amount_usd": 10729.74
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.34%)",
"estimated_monthly_amount_usd": 7153.16
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 143063.16
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Duke Group Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Duke Group Inc.",
"Pollard, Johnson and Harris 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-2024-8142
Status: Executed
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Reed, Brewer and Anderson Properties, and the Tenant, Nguyen, Moyer and Sherman. 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 2024-02-13.
The subject of this lease concerns the Partial suite 4B in Building 3 at the property located at 3949 Dominguez Square
New Nicholasmouth, TX 22579. This Warehouse facility consists of approximately 38612 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-13, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $149,203.20. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $298,406.40 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 11.8% 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 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-2024-8142",
"parties": {
"lessor_details": {
"name": "Reed, Brewer and Anderson Properties",
"entity_type": "Corporation",
"address": "44450 Michael Shoal Suite 331\nNorth Heatherburgh, ME 12127"
},
"lessee_details": {
"name": "Nguyen, Moyer and Sherman",
"entity_type": "S-Corp",
"address": "4744 Harris Prairie\nJamesburgh, GU 84113"
}
},
"property_details": {
"address": "3949 Dominguez Square\nNew Nicholasmouth, TX 22579",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 4B in Building 3",
"square_footage_sqft": 38612
},
"lease_terms": {
"effective_date": "2024-02-13",
"commencement_date": "2024-02-13",
"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": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 149203.2,
"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": 22380.48
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.71%)",
"estimated_monthly_amount_usd": 14920.32
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 298406.4,
"late_payment_interest_rate_percent": 11.8
},
"permitted_use": "Professional services 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-2023-4496
Status: Executed
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gonzales-Mcdaniel Inc., and the Tenant, Bowers-Massey. 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 Partial floor 19 in Building 5 at the property located at 61764 Mary Viaduct Suite 226
Claudiaberg, HI 93306. This Mixed-Use facility consists of approximately 38888 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-08, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $185,592.98. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $371,185.96 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.
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-2023-4496",
"parties": {
"lessor_details": {
"name": "Gonzales-Mcdaniel Inc.",
"entity_type": "Limited Partnership",
"address": "429 Vasquez Crossing\nLake Michealburgh, VT 02593"
},
"lessee_details": {
"name": "Bowers-Massey",
"entity_type": "S-Corp",
"address": "2440 Ferguson Square Suite 310\nWest Madisonberg, UT 84795"
}
},
"property_details": {
"address": "61764 Mary Viaduct Suite 226\nClaudiaberg, HI 93306",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 19 in Building 5",
"square_footage_sqft": 38888
},
"lease_terms": {
"effective_date": "2023-10-21",
"commencement_date": "2023-12-08",
"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": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 185592.98,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.43%)",
"estimated_monthly_amount_usd": 27838.95
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.53%)",
"estimated_monthly_amount_usd": 18559.3
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 371185.96
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"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-2023-6401
Status: Executed
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Davis, Robles and Short Ventures, and the Tenant, Alvarado, Ortega and Lopez. 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 2023-12-09.
The subject of this lease concerns the Partial unit 23 in Building 9 at the property located at 878 Gabriela Parkways Suite 171
Roblesmouth, NV 39549. This Office facility consists of approximately 29933 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-13, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $95,985.15. This figure is scheduled for an annual increase based on a 3.66% escalation rate. A security deposit of $95,985.15 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.
Per section 10.1, Alvarado, Ortega and Lopez 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 Davis, Robles and Short Ventures. 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-2023-6401",
"parties": {
"lessor_details": {
"name": "Davis, Robles and Short Ventures",
"entity_type": "LLC",
"address": "775 Samuel Plaza\nFieldston, KY 04508"
},
"lessee_details": {
"name": "Alvarado, Ortega and Lopez",
"entity_type": "Corporation",
"address": "848 Daniel Burg\nLake David, AK 24074"
}
},
"property_details": {
"address": "878 Gabriela Parkways Suite 171\nRoblesmouth, NV 39549",
"property_type": "Office",
"lease_area_description": "Partial unit 23 in Building 9",
"square_footage_sqft": 29933
},
"lease_terms": {
"effective_date": "2023-12-09",
"commencement_date": "2024-01-13",
"initial_term_months": 120,
"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,
"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": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 95985.15,
"annual_escalation_rate_percent": 3.66,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.07%)",
"estimated_monthly_amount_usd": 14397.77
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.68%)",
"estimated_monthly_amount_usd": 9598.52
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 95985.15
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Davis, Robles and Short Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Davis, Robles and Short Ventures",
"Franco-Gamble 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-2023-7991
Status: Under Review
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Black, Allen and Wilkins Inc., and the Tenant, Hernandez, Stephens 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 2023-10-25.
The subject of this lease concerns the Entire suite 27 in Building 3 at the property located at 8936 Amanda Inlet Apt. 118
Lake Laurenview, VI 93157. This Office facility consists of approximately 47344 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-18, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $68,688.25. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $137,376.50 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 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-2023-7991",
"parties": {
"lessor_details": {
"name": "Black, Allen and Wilkins Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Hernandez, Stephens and Olson",
"entity_type": "Corporation",
"address": "USNS Richardson\nFPO AP 86502"
}
},
"property_details": {
"address": "8936 Amanda Inlet Apt. 118\nLake Laurenview, VI 93157",
"property_type": "Office",
"lease_area_description": "Entire suite 27 in Building 3",
"square_footage_sqft": 47344
},
"lease_terms": {
"effective_date": "2023-10-25",
"commencement_date": "2024-01-18",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 68688.25,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.20%)",
"estimated_monthly_amount_usd": 10303.24
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.98%)",
"estimated_monthly_amount_usd": 6868.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 137376.5
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"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-2024-4132
Status: Draft
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harris-Chapman Holdings, and the Tenant, Brock-Roberts. 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 2024-07-14.
The subject of this lease concerns the Entire floor 24B in Building 4 at the property located at 84856 Cole Drive Apt. 660
North Henry, DE 87686. This Warehouse facility consists of approximately 12258 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-12, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $16,517.66. This figure is scheduled for an annual increase based on a 3.42% escalation rate. A security deposit of $33,035.32 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.
Late payments of rent will accrue interest at a rate of 16.8% 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 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-2024-4132",
"parties": {
"lessor_details": {
"name": "Harris-Chapman Holdings",
"entity_type": "Corporation",
"address": "268 Andrew Mountains Apt. 513\nJoshuaberg, AK 85183"
},
"lessee_details": {
"name": "Brock-Roberts",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "84856 Cole Drive Apt. 660\nNorth Henry, DE 87686",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 24B in Building 4",
"square_footage_sqft": 12258
},
"lease_terms": {
"effective_date": "2024-07-14",
"commencement_date": "2024-09-12",
"initial_term_months": 120,
"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": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 16517.66,
"annual_escalation_rate_percent": 3.42,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.59%)",
"estimated_monthly_amount_usd": 2477.65
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.92%)",
"estimated_monthly_amount_usd": 1651.77
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 33035.32,
"late_payment_interest_rate_percent": 16.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"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-2023-3439
Status: Amended
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Edwards, Padilla and Skinner Inc., and the Tenant, Dunn-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 2023-12-19.
The subject of this lease concerns the Partial suite 32A in Building 10 at the property located at USNV Durham
FPO AA 99893. This Warehouse facility consists of approximately 3570 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-11, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $12,007.10. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $12,007.10 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, Dunn-Davis 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 Edwards, Padilla and Skinner Inc.. Late payments of rent will accrue interest at a rate of 16.9% 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-2023-3439",
"parties": {
"lessor_details": {
"name": "Edwards, Padilla and Skinner Inc.",
"entity_type": "Corporation",
"address": "230 Rivera Views\nEast Debbietown, ID 75885"
},
"lessee_details": {
"name": "Dunn-Davis",
"entity_type": "S-Corp",
"address": "9118 Diana Forest Apt. 843\nWest Coreyville, VT 31866"
}
},
"property_details": {
"address": "USNV Durham\nFPO AA 99893",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 32A in Building 10",
"square_footage_sqft": 3570
},
"lease_terms": {
"effective_date": "2023-12-19",
"commencement_date": "2024-01-11",
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 12007.1,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.19%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.86%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 12007.1,
"late_payment_interest_rate_percent": 16.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Edwards, Padilla and Skinner Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Edwards, Padilla and Skinner Inc.",
"Jones, Franklin and Sweeney 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-2024-2804
Status: Draft
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Galvan, Brandt and Simmons Inc., and the Tenant, Miller, Anderson and Sosa. 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 Entire unit 25B in Building 6 at the property located at 334 Philip Manors
West Hannahstad, PR 04730. This Mixed-Use facility consists of approximately 12342 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-15, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $61,710.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $61,710.00 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, Miller, Anderson and Sosa 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 Galvan, Brandt and Simmons Inc.. 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-2024-2804",
"parties": {
"lessor_details": {
"name": "Galvan, Brandt and Simmons Inc.",
"entity_type": "Corporation",
"address": "3216 Danielle View\nNorth Benjamin, SD 23675"
},
"lessee_details": {
"name": "Miller, Anderson and Sosa",
"entity_type": "S-Corp",
"address": "PSC 7869, Box 4113\nAPO AP 99506"
}
},
"property_details": {
"address": "334 Philip Manors\nWest Hannahstad, PR 04730",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 25B in Building 6",
"square_footage_sqft": 12342
},
"lease_terms": {
"effective_date": "2024-02-10",
"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,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"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": 61710.0,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.31%)",
"estimated_monthly_amount_usd": 9256.5
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.31%)",
"estimated_monthly_amount_usd": 6171.0
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 61710.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Alabama",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Galvan, Brandt and Simmons Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Galvan, Brandt and Simmons Inc.",
"Mills-Thomas 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-2024-8527
Status: Under Review
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Russell-Moore LLC, and the Tenant, Huynh 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 2024-05-11.
The subject of this lease concerns the Partial floor 42A in Building 6 at the property located at 287 Howard Glen Suite 206
Nicolemouth, MS 66570. This Retail facility consists of approximately 17458 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-19, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $74,051.02. This figure is scheduled for an annual increase based on a 3.77% escalation rate. A security deposit of $74,051.02 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Huynh Group 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 Russell-Moore LLC. Late payments of rent will accrue interest at a rate of 12.2% 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-2024-8527",
"parties": {
"lessor_details": {
"name": "Russell-Moore LLC",
"entity_type": "Corporation",
"address": "51900 Howe Summit\nClarkland, FM 05723"
},
"lessee_details": {
"name": "Huynh Group",
"entity_type": "Corporation",
"address": "USCGC Allen\nFPO AE 18107"
}
},
"property_details": {
"address": "287 Howard Glen Suite 206\nNicolemouth, MS 66570",
"property_type": "Retail",
"lease_area_description": "Partial floor 42A in Building 6",
"square_footage_sqft": 17458
},
"lease_terms": {
"effective_date": "2024-05-11",
"commencement_date": "2024-05-19",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"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": 74051.02,
"annual_escalation_rate_percent": 3.77,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.99%)",
"estimated_monthly_amount_usd": 11107.65
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 7405.1
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 74051.02,
"late_payment_interest_rate_percent": 12.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Russell-Moore LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Russell-Moore LLC",
"Mcmahon, Carter 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-2024-2895
Status: Amended
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Barton, Adkins and Stokes Holdings, and the Tenant, Yoder 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 2024-03-08.
The subject of this lease concerns the Partial unit 46 in Building 7 at the property located at 33164 Hoffman Drive
Colemanton, CT 56385. This Office facility consists of approximately 32507 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-20, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $104,049.49. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $104,049.49 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.
Per section 10.1, Yoder 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 Barton, Adkins and Stokes Holdings.
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-2024-2895",
"parties": {
"lessor_details": {
"name": "Barton, Adkins and Stokes Holdings",
"entity_type": "Corporation",
"address": "3505 Castaneda Corners\nPort Joseph, WY 86484"
},
"lessee_details": {
"name": "Yoder Ltd",
"entity_type": "S-Corp",
"address": "6721 Angel River Suite 172\nGomezmouth, MS 17526"
}
},
"property_details": {
"address": "33164 Hoffman Drive\nColemanton, CT 56385",
"property_type": "Office",
"lease_area_description": "Partial unit 46 in Building 7",
"square_footage_sqft": 32507
},
"lease_terms": {
"effective_date": "2024-03-08",
"commencement_date": "2024-03-20",
"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": 104049.49,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.48%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.27%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 104049.49
},
"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": [
"Barton, Adkins and Stokes Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Barton, Adkins and Stokes Holdings",
"Moore, Rosario and 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-2024-1464
Status: Under Review
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cooper-Jackson LLC, and the Tenant, Glass 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 2024-04-19.
The subject of this lease concerns the Entire suite 12 in Building 8 at the property located at 2983 Meyer Forges
South Thomas, NE 16041. This Retail facility consists of approximately 48285 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-26, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $118,781.10. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $118,781.10 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 is permitted subject to standard conditions.
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-2024-1464",
"parties": {
"lessor_details": {
"name": "Cooper-Jackson LLC",
"entity_type": "Limited Partnership",
"address": "16899 Brian Flats Suite 203\nNew Ryan, MH 44746"
},
"lessee_details": {
"name": "Glass Inc",
"entity_type": "Corporation",
"address": "7720 Baxter Ridge Suite 966\nKeithton, ND 50730"
}
},
"property_details": {
"address": "2983 Meyer Forges\nSouth Thomas, NE 16041",
"property_type": "Retail",
"lease_area_description": "Entire suite 12 in Building 8",
"square_footage_sqft": 48285
},
"lease_terms": {
"effective_date": "2024-04-19",
"commencement_date": "2024-05-26",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"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."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 118781.1,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.21%)",
"estimated_monthly_amount_usd": 17817.16
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.14%)",
"estimated_monthly_amount_usd": 11878.11
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 118781.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"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-2024-2857
Status: Draft
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Foster-Robinson Ventures, and the Tenant, Baxter 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 2024-02-17.
The subject of this lease concerns the Entire unit 41B in Building 4 at the property located at 720 Jessica Oval Apt. 557
Trujillochester, CT 30079. This Office facility consists of approximately 8158 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-29, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $16,832.67. This figure is scheduled for an annual increase based on a 2.34% escalation rate. A security deposit of $33,665.34 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.
Per section 10.1, Baxter 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 Foster-Robinson Ventures. Late payments of rent will accrue interest at a rate of 16.9% 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 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-2024-2857",
"parties": {
"lessor_details": {
"name": "Foster-Robinson Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Baxter LLC",
"entity_type": "LLC",
"address": "872 Ruiz Coves Apt. 100\nAyalaburgh, KY 92589"
}
},
"property_details": {
"address": "720 Jessica Oval Apt. 557\nTrujillochester, CT 30079",
"property_type": "Office",
"lease_area_description": "Entire unit 41B in Building 4",
"square_footage_sqft": 8158
},
"lease_terms": {
"effective_date": "2024-02-17",
"commencement_date": "2024-04-29",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 16832.67,
"annual_escalation_rate_percent": 2.34,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.28%)",
"estimated_monthly_amount_usd": 2524.9
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.02%)",
"estimated_monthly_amount_usd": 1683.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 33665.34,
"late_payment_interest_rate_percent": 16.9
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Foster-Robinson Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Foster-Robinson Ventures",
"Johnson 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-2023-4427
Status: Draft
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bailey, Chavez and Wright LLC, and the Tenant, Lawrence-Richmond. 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 2023-10-07.
The subject of this lease concerns the Entire unit 29 in Building 3 at the property located at PSC 0889, Box 7973
APO AA 30894. 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 2023-11-09, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $41,296.56. This figure is scheduled for an annual increase based on a 3.93% escalation rate. A security deposit of $82,593.12 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 is permitted subject to standard conditions.
Per section 10.1, Lawrence-Richmond 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 Bailey, Chavez and Wright LLC. 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-2023-4427",
"parties": {
"lessor_details": {
"name": "Bailey, Chavez and Wright LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Lawrence-Richmond",
"entity_type": "Corporation",
"address": "6467 Lisa Stravenue Suite 853\nSouth Rodneyfurt, AK 06707"
}
},
"property_details": {
"address": "PSC 0889, Box 7973\nAPO AA 30894",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 29 in Building 3"
},
"lease_terms": {
"effective_date": "2023-10-07",
"commencement_date": "2023-11-09",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 41296.56,
"annual_escalation_rate_percent": 3.93,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.49%)",
"estimated_monthly_amount_usd": 6194.48
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.94%)",
"estimated_monthly_amount_usd": 4129.66
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 82593.12
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Bailey, Chavez and Wright LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Bailey, Chavez and Wright LLC",
"Barnes, Wyatt and Torres 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-2024-9430
Status: Amended
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hinton-Taylor Properties, and the Tenant, Hogan-Vargas. 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 2024-01-20.
The subject of this lease concerns the Partial unit 39A in Building 3 at the property located at 56099 Kevin Junctions
Joneshaven, MA 69874. This Mixed-Use facility consists of approximately 23800 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $96,628.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $96,628.00 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 is permitted subject to standard conditions.
Per section 10.1, Hogan-Vargas 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 Hinton-Taylor Properties. Note the existence of a Tenant Early Termination Option 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-2024-9430",
"parties": {
"lessor_details": {
"name": "Hinton-Taylor Properties",
"entity_type": "LLC",
"address": "3728 Chambers Passage Apt. 614\nObrienchester, WA 46910"
},
"lessee_details": {
"name": "Hogan-Vargas",
"entity_type": "LLC",
"address": "87630 Hayes Route Suite 407\nPort Carolyn, MP 11257"
}
},
"property_details": {
"address": "56099 Kevin Junctions\nJoneshaven, MA 69874",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 39A in Building 3",
"square_footage_sqft": 23800
},
"lease_terms": {
"effective_date": "2024-01-20",
"commencement_date": "2024-03-14",
"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": 180
},
{
"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": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"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": 96628.0,
"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": 14494.2
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.16%)",
"estimated_monthly_amount_usd": 9662.8
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 96628.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hinton-Taylor Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Hinton-Taylor Properties",
"Guzman 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-2023-8415
Status: Amended
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Flynn-Elliott Holdings, and the Tenant, Garner-Bradford. 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 Entire floor 33 in Building 10 at the property located at 2908 Melissa Station Suite 315
Myersfurt, NJ 29983. This Office facility consists of approximately 27175 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-13, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $60,645.54. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $121,291.08 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 requires Landlord's explicit consent.
Per section 10.1, Garner-Bradford 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 Flynn-Elliott Holdings. Late payments of rent will accrue interest at a rate of 10.8% 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 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-2023-8415",
"parties": {
"lessor_details": {
"name": "Flynn-Elliott Holdings",
"entity_type": "LLC",
"address": "USCGC Lopez\nFPO AE 38041"
},
"lessee_details": {
"name": "Garner-Bradford",
"entity_type": "S-Corp",
"address": "034 Potts Run Apt. 001\nNew Cathy, VT 04359"
}
},
"property_details": {
"address": "2908 Melissa Station Suite 315\nMyersfurt, NJ 29983",
"property_type": "Office",
"lease_area_description": "Entire floor 33 in Building 10",
"square_footage_sqft": 27175
},
"lease_terms": {
"effective_date": "2023-10-30",
"commencement_date": "2023-12-13",
"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%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 60645.54,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.76%)",
"estimated_monthly_amount_usd": 9096.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.36%)",
"estimated_monthly_amount_usd": 6064.55
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 121291.08,
"late_payment_interest_rate_percent": 10.8
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Flynn-Elliott Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Flynn-Elliott Holdings",
"Burgess 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-2023-7825
Status: Executed
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Simon Group Ventures, and the Tenant, Price-Mason. 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 Entire unit 7B in Building 1 at the property located at 8812 Gina Ranch
Josehaven, WI 26914. This Mixed-Use facility consists of approximately 4937 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-20, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $7,635.89. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $7,635.89 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Price-Mason 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 Simon Group Ventures. Late payments of rent will accrue interest at a rate of 15.1% 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 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-2023-7825",
"parties": {
"lessor_details": {
"name": "Simon Group Ventures",
"entity_type": "Corporation",
"address": "47584 Donald Views Suite 043\nWest Lukebury, IA 36707"
},
"lessee_details": {
"name": "Price-Mason",
"entity_type": "Corporation",
"address": "48187 Stevens Fall Apt. 118\nLake Charlesport, OK 86187"
}
},
"property_details": {
"address": "8812 Gina Ranch\nJosehaven, WI 26914",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 7B in Building 1",
"square_footage_sqft": 4937
},
"lease_terms": {
"effective_date": "2023-11-01",
"commencement_date": "2023-11-20",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"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": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 7635.89,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.83%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.80%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 7635.89,
"late_payment_interest_rate_percent": 15.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Simon Group Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Simon Group Ventures",
"Morris 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-2024-5189
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hernandez Inc LLC, and the Tenant, Tate, Parks and Donovan. 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 2024-05-05.
The subject of this lease concerns the Entire suite 31B in Building 7 at the property located at Unit 0639 Box 8259
DPO AA 05377. This Office 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 2024-06-09, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $17,586.33. This figure is scheduled for an annual increase based on a 2.02% escalation rate. A security deposit of $17,586.33 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 Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Tate, Parks and Donovan 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 Hernandez Inc LLC. Late payments of rent will accrue interest at a rate of 11.4% 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 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-2024-5189",
"parties": {
"lessor_details": {
"name": "Hernandez Inc LLC",
"entity_type": "Corporation",
"address": "215 Donald Bridge Suite 968\nLake Cindy, SD 55255"
},
"lessee_details": {
"name": "Tate, Parks and Donovan",
"entity_type": "LLC",
"address": "05572 Stephanie Trail\nJohnsonberg, NH 99807"
}
},
"property_details": {
"address": "Unit 0639 Box 8259\nDPO AA 05377",
"property_type": "Office",
"lease_area_description": "Entire suite 31B in Building 7"
},
"lease_terms": {
"effective_date": "2024-05-05",
"commencement_date": "2024-06-09",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 17586.33,
"annual_escalation_rate_percent": 2.02,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 2637.95
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.34%)",
"estimated_monthly_amount_usd": 1758.63
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 17586.33,
"late_payment_interest_rate_percent": 11.4
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Hernandez Inc LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Hernandez Inc LLC",
"Howard, Watkins and Jenkins 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-2024-2065
Status: Executed
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Forbes-Shaffer Ventures, and the Tenant, Cooper 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 2024-06-22.
The subject of this lease concerns the Partial suite 14 in Building 6 at the property located at 40433 Murillo Lodge
Michaelfort, MI 06574. This Warehouse facility consists of approximately 31742 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-16, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $149,187.40. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $149,187.40 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.
Per section 10.1, Cooper 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 Forbes-Shaffer Ventures. 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-2024-2065",
"parties": {
"lessor_details": {
"name": "Forbes-Shaffer Ventures",
"entity_type": "LLC",
"address": "49933 Hall Knoll\nSouth Jamesview, MD 53229"
},
"lessee_details": {
"name": "Cooper Ltd",
"entity_type": "Corporation",
"address": "5486 Devon Lights\nWest Lisamouth, DE 97887"
}
},
"property_details": {
"address": "40433 Murillo Lodge\nMichaelfort, MI 06574",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 14 in Building 6",
"square_footage_sqft": 31742
},
"lease_terms": {
"effective_date": "2024-06-22",
"commencement_date": "2024-09-16",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"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": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 149187.4,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.20%)",
"estimated_monthly_amount_usd": 22378.11
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.87%)",
"estimated_monthly_amount_usd": 14918.74
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 149187.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Forbes-Shaffer Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Forbes-Shaffer Ventures",
"Aguilar-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-2024-5445
Status: Draft
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jefferson Inc LLC, and the Tenant, Moore 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 2024-02-17.
The subject of this lease concerns the Entire floor 5A in Building 7 at the property located at 9931 Joseph Canyon
Browntown, WA 79723. This Mixed-Use facility consists of approximately 15401 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-03, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $75,708.75. This figure is scheduled for an annual increase based on a 2.91% escalation rate. A security deposit of $151,417.50 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, Moore PLC 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 Jefferson Inc LLC. Late payments of rent will accrue interest at a rate of 10.8% 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 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-2024-5445",
"parties": {
"lessor_details": {
"name": "Jefferson Inc LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Moore PLC",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "9931 Joseph Canyon\nBrowntown, WA 79723",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 5A in Building 7",
"square_footage_sqft": 15401
},
"lease_terms": {
"effective_date": "2024-02-17",
"commencement_date": "2024-04-03",
"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": 180
}
],
"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": "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": 75708.75,
"annual_escalation_rate_percent": 2.91,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.94%)",
"estimated_monthly_amount_usd": 11356.31
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.17%)",
"estimated_monthly_amount_usd": 7570.88
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 151417.5,
"late_payment_interest_rate_percent": 10.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Jefferson Inc LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Jefferson Inc LLC",
"Weber Inc 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-2024-1442
Status: Draft
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Palmer-Johnson Holdings, and the Tenant, Patterson-Craig. 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 2024-04-16.
The subject of this lease concerns the Partial unit 34 in Building 10 at the property located at 9266 Tiffany Oval Suite 105
Fosterborough, WY 57757. This Office facility consists of approximately 35450 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-09, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $79,526.17. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $159,052.34 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, Patterson-Craig 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 Palmer-Johnson Holdings. Late payments of rent will accrue interest at a rate of 5.4% 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-2024-1442",
"parties": {
"lessor_details": {
"name": "Palmer-Johnson Holdings",
"entity_type": "Corporation",
"address": "290 Hill Rest\nNorth Jodiview, IN 99371"
},
"lessee_details": {
"name": "Patterson-Craig",
"entity_type": "LLC",
"address": "09365 Jackson Valley\nEast Nicoleton, NY 17786"
}
},
"property_details": {
"address": "9266 Tiffany Oval Suite 105\nFosterborough, WY 57757",
"property_type": "Office",
"lease_area_description": "Partial unit 34 in Building 10",
"square_footage_sqft": 35450
},
"lease_terms": {
"effective_date": "2024-04-16",
"commencement_date": "2024-06-09",
"initial_term_months": 84,
"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
},
{
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 79526.17,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.30%)",
"estimated_monthly_amount_usd": 11928.93
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.71%)",
"estimated_monthly_amount_usd": 7952.62
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 159052.34,
"late_payment_interest_rate_percent": 5.4
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Indiana",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Palmer-Johnson Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Palmer-Johnson Holdings",
"Gardner Inc 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-2023-9201
Status: Amended
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rodriguez Inc Ventures, and the Tenant, Richards-Patton. 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 2023-10-24.
The subject of this lease concerns the Entire unit 35 in Building 3 at the property located at 2318 Olsen Prairie Apt. 161
New Matthew, NM 02089. This Industrial facility consists of approximately 44341 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-17, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $103,240.63. This figure is scheduled for an annual increase based on a 3.1% escalation rate. A security deposit of $103,240.63 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 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, Richards-Patton 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 Rodriguez Inc Ventures. 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-2023-9201",
"parties": {
"lessor_details": {
"name": "Rodriguez Inc Ventures",
"entity_type": "LLC",
"address": "0494 Lori Circles Apt. 338\nAlanside, WI 98546"
},
"lessee_details": {
"name": "Richards-Patton",
"entity_type": "S-Corp",
"address": "54769 Alyssa Mews\nPort Robertfurt, RI 40123"
}
},
"property_details": {
"address": "2318 Olsen Prairie Apt. 161\nNew Matthew, NM 02089",
"property_type": "Industrial",
"lease_area_description": "Entire unit 35 in Building 3",
"square_footage_sqft": 44341
},
"lease_terms": {
"effective_date": "2023-10-24",
"commencement_date": "2023-11-17",
"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": 180
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 103240.63,
"annual_escalation_rate_percent": 3.1,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.77%)",
"estimated_monthly_amount_usd": 15486.09
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.10%)",
"estimated_monthly_amount_usd": 10324.06
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 103240.63
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rodriguez Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rodriguez Inc Ventures",
"Hall, Craig and Mccormick 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-2024-5627
Status: Under Review
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Payne, Hays and Davis Ventures, and the Tenant, Parker-Moreno. 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 2024-05-02.
The subject of this lease concerns the Partial unit 14 in Building 10 at the property located at USS Thornton
FPO AA 84907. This Industrial facility consists of approximately 7991 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-21, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $21,009.67. This figure is scheduled for an annual increase based on a 2.71% escalation rate. A security deposit of $21,009.67 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 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 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-2024-5627",
"parties": {
"lessor_details": {
"name": "Payne, Hays and Davis Ventures",
"entity_type": "Limited Partnership",
"address": "46840 Mcguire Islands Apt. 029\nPort Jose, NM 71870"
},
"lessee_details": {
"name": "Parker-Moreno",
"entity_type": "LLC",
"address": "669 Nunez Mews Suite 261\nPort Rachael, GU 75833"
}
},
"property_details": {
"address": "USS Thornton\nFPO AA 84907",
"property_type": "Industrial",
"lease_area_description": "Partial unit 14 in Building 10",
"square_footage_sqft": 7991
},
"lease_terms": {
"effective_date": "2024-05-02",
"commencement_date": "2024-07-21",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"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": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 21009.67,
"annual_escalation_rate_percent": 2.71,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.74%)",
"estimated_monthly_amount_usd": 3151.45
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.80%)",
"estimated_monthly_amount_usd": 2100.97
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 21009.67
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"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-2024-7382
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rogers Group Properties, and the Tenant, Suarez-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 2024-07-10.
The subject of this lease concerns the Entire floor 28B in Building 7 at the property located at 7273 Steven Creek
North Angelafurt, OH 92372. 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 2024-07-19, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $57,840.25. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $57,840.25 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.
Per section 10.1, Suarez-Garcia 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 Rogers Group Properties. Late payments of rent will accrue interest at a rate of 6.5% 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 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-2024-7382",
"parties": {
"lessor_details": {
"name": "Rogers Group Properties",
"entity_type": "Corporation",
"address": "019 Manning Rue\nNortonborough, WI 83228"
},
"lessee_details": {
"name": "Suarez-Garcia",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "7273 Steven Creek\nNorth Angelafurt, OH 92372",
"property_type": "Retail",
"lease_area_description": "Entire floor 28B in Building 7"
},
"lease_terms": {
"effective_date": "2024-07-10",
"commencement_date": "2024-07-19",
"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
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 57840.25,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.00%)",
"estimated_monthly_amount_usd": 8676.04
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 5784.02
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 57840.25,
"late_payment_interest_rate_percent": 6.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Rogers Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rogers Group Properties",
"Hampton-Jackson 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-2024-5100
Status: Executed
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fletcher, Holloway and Reynolds Properties, and the Tenant, Hernandez 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 2024-04-27.
The subject of this lease concerns the Partial suite 43 in Building 9 at the property located at 4375 Timothy Camp Apt. 025
Derekfurt, DC 56104. This Warehouse facility consists of approximately 38932 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 5 years. The Tenant's monthly obligation for base rent begins at $153,197.42. This figure is scheduled for an annual increase based on a 3.89% escalation rate. A security deposit of $153,197.42 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.
Per section 10.1, Hernandez Inc 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 Fletcher, Holloway and Reynolds Properties. Late payments of rent will accrue interest at a rate of 14.1% 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-2024-5100",
"parties": {
"lessor_details": {
"name": "Fletcher, Holloway and Reynolds Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Hernandez Inc",
"entity_type": "LLC",
"address": "445 Kevin Hills\nLanceberg, UT 82475"
}
},
"property_details": {
"address": "4375 Timothy Camp Apt. 025\nDerekfurt, DC 56104",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 43 in Building 9",
"square_footage_sqft": 38932
},
"lease_terms": {
"effective_date": "2024-04-27",
"commencement_date": "2024-05-15",
"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": 365
},
{
"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": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"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": 153197.42,
"annual_escalation_rate_percent": 3.89,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.77%)",
"estimated_monthly_amount_usd": 22979.61
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.36%)",
"estimated_monthly_amount_usd": 15319.74
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 153197.42,
"late_payment_interest_rate_percent": 14.1
},
"permitted_use": "General office 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": [
"Fletcher, Holloway and Reynolds Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fletcher, Holloway and Reynolds Properties",
"Garcia 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-2024-7294
Status: Executed
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith Ltd LLC, and the Tenant, Edwards 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 Entire floor 38 in Building 2 at the property located at Unit 4532 Box 3992
DPO AP 94749. This Industrial facility consists of approximately 35636 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-13, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $103,700.76. This figure is scheduled for an annual increase based on a 3.6% escalation rate. A security deposit of $103,700.76 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 10.9% 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 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-2024-7294",
"parties": {
"lessor_details": {
"name": "Smith Ltd LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Edwards Group",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "Unit 4532 Box 3992\nDPO AP 94749",
"property_type": "Industrial",
"lease_area_description": "Entire floor 38 in Building 2",
"square_footage_sqft": 35636
},
"lease_terms": {
"effective_date": "2024-05-27",
"commencement_date": "2024-06-13",
"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": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 103700.76,
"annual_escalation_rate_percent": 3.6,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.53%)",
"estimated_monthly_amount_usd": 15555.11
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.03%)",
"estimated_monthly_amount_usd": 10370.08
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 103700.76,
"late_payment_interest_rate_percent": 10.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"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-2024-8613
Status: Draft
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Watson LLC Ventures, and the Tenant, Johnson, Velazquez and Molina. 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 2024-03-04.
The subject of this lease concerns the Partial suite 7 in Building 3 at the property located at 985 Chavez Lakes Suite 042
New Cole, MA 81500. This Industrial facility consists of approximately 15545 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-16, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $36,414.16. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $72,828.32 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 requires Landlord's explicit consent.
Per section 10.1, Johnson, Velazquez and Molina 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 Watson LLC Ventures. Note the existence of a Co-tenancy Failure 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-2024-8613",
"parties": {
"lessor_details": {
"name": "Watson LLC Ventures",
"entity_type": "LLC",
"address": "932 Jeffrey Dale\nShannonmouth, FM 04050"
},
"lessee_details": {
"name": "Johnson, Velazquez and Molina",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "985 Chavez Lakes Suite 042\nNew Cole, MA 81500",
"property_type": "Industrial",
"lease_area_description": "Partial suite 7 in Building 3",
"square_footage_sqft": 15545
},
"lease_terms": {
"effective_date": "2024-03-04",
"commencement_date": "2024-05-16",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 36414.16,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.03%)",
"estimated_monthly_amount_usd": 5462.12
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.71%)",
"estimated_monthly_amount_usd": 3641.42
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 72828.32
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Watson LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Watson LLC Ventures",
"Farley 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-2024-5879
Status: Executed
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Russell Group Properties, and the Tenant, Stephenson, Torres and Howard. 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 2024-01-02.
The subject of this lease concerns the Partial floor 42 in Building 2 at the property located at 86858 Peter Haven
Garyland, DE 41307. This Industrial facility consists of approximately 34221 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-27, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $170,021.33. This figure is scheduled for an annual increase based on a 3.92% escalation rate. A security deposit of $170,021.33 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 is permitted subject to standard conditions.
Per section 10.1, Stephenson, Torres and Howard 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 Russell Group 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-2024-5879",
"parties": {
"lessor_details": {
"name": "Russell Group Properties",
"entity_type": "LLC",
"address": "682 Robert Meadows Apt. 709\nJuarezport, OK 23160"
},
"lessee_details": {
"name": "Stephenson, Torres and Howard",
"entity_type": "LLC",
"address": "013 Moore Alley\nEast Renee, ND 06132"
}
},
"property_details": {
"address": "86858 Peter Haven\nGaryland, DE 41307",
"property_type": "Industrial",
"lease_area_description": "Partial floor 42 in Building 2",
"square_footage_sqft": 34221
},
"lease_terms": {
"effective_date": "2024-01-02",
"commencement_date": "2024-02-27",
"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": 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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 170021.33,
"annual_escalation_rate_percent": 3.92,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.63%)",
"estimated_monthly_amount_usd": 25503.2
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.14%)",
"estimated_monthly_amount_usd": 17002.13
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 170021.33
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Iowa",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Russell Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Russell Group Properties",
"Sanchez-Weber 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-2023-7875
Status: Draft
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, West, Mason and Smith Inc., and the Tenant, Sweeney, Adams and Baird. 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 2023-09-04.
The subject of this lease concerns the Partial suite 15 in Building 8 at the property located at 43493 Anderson Island
Payneville, VT 08247. 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 2023-12-01, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $124,922.95. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $249,845.90 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, Sweeney, Adams and Baird 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 West, Mason and Smith Inc.. 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-2023-7875",
"parties": {
"lessor_details": {
"name": "West, Mason and Smith Inc.",
"entity_type": "Limited Partnership",
"address": "684 Diana Falls\nWest Thomasbury, MA 26251"
},
"lessee_details": {
"name": "Sweeney, Adams and Baird",
"entity_type": "LLC",
"address": "882 Berry Drives Suite 988\nSouth Tammy, KY 85624"
}
},
"property_details": {
"address": "43493 Anderson Island\nPayneville, VT 08247",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 15 in Building 8"
},
"lease_terms": {
"effective_date": "2023-09-04",
"commencement_date": "2023-12-01",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 124922.95,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.84%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.59%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 249845.9,
"late_payment_interest_rate_percent": 5.9
},
"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": 2000000,
"named_insureds_required": [
"West, Mason and Smith Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"West, Mason and Smith Inc.",
"Miranda-Johnson 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-2023-8727
Status: Amended
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson, Aguilar and Gallegos LLC, and the Tenant, Williams-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 2023-12-07.
The subject of this lease concerns the Partial floor 33 in Building 6 at the property located at 634 Christopher Common Apt. 286
North Kevin, MT 94246. This Office facility consists of approximately 34774 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $47,321.62. This figure is scheduled for an annual increase based on a 3.85% escalation rate. A security deposit of $94,643.24 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.
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-2023-8727",
"parties": {
"lessor_details": {
"name": "Johnson, Aguilar and Gallegos LLC",
"entity_type": "LLC",
"address": "13031 Jessica Forks Apt. 332\nNew Larryshire, CO 88645"
},
"lessee_details": {
"name": "Williams-Jones",
"entity_type": "LLC",
"address": "42143 Jessica Brooks\nSouth Charlesbury, NM 38864"
}
},
"property_details": {
"address": "634 Christopher Common Apt. 286\nNorth Kevin, MT 94246",
"property_type": "Office",
"lease_area_description": "Partial floor 33 in Building 6",
"square_footage_sqft": 34774
},
"lease_terms": {
"effective_date": "2023-12-07",
"commencement_date": "2024-01-03",
"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": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"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": 47321.62,
"annual_escalation_rate_percent": 3.85,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.71%)",
"estimated_monthly_amount_usd": 7098.24
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.63%)",
"estimated_monthly_amount_usd": 4732.16
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 94643.24
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Vermont",
"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-2024-4819
Status: Amended
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Benton-Hill Inc., and the Tenant, Campbell, Hebert and Evans. 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 Entire floor 46A in Building 7 at the property located at 035 Smith Motorway
South Lindsay, GU 28558. This Retail facility consists of approximately 36061 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $61,604.21. This figure is scheduled for an annual increase based on a 1.57% escalation rate. A security deposit of $123,208.42 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, Campbell, Hebert and Evans 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 Benton-Hill 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-2024-4819",
"parties": {
"lessor_details": {
"name": "Benton-Hill Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Campbell, Hebert and Evans",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "035 Smith Motorway\nSouth Lindsay, GU 28558",
"property_type": "Retail",
"lease_area_description": "Entire floor 46A in Building 7",
"square_footage_sqft": 36061
},
"lease_terms": {
"effective_date": "2024-04-18",
"commencement_date": "2024-05-26",
"initial_term_months": 120,
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 61604.21,
"annual_escalation_rate_percent": 1.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.62%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.70%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 123208.42
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Benton-Hill Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Benton-Hill Inc.",
"Walker-Horton 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-2023-9596
Status: Executed
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Green, Gibson and Nelson LLC, and the Tenant, Davidson-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 2023-09-28.
The subject of this lease concerns the Partial suite 36B in Building 5 at the property located at 977 Angela Heights
Duncantown, TX 82971. This Retail facility consists of approximately 14513 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $24,357.65. This figure is scheduled for an annual increase based on a 3.52% escalation rate. A security deposit of $48,715.30 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 15.3% 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-2023-9596",
"parties": {
"lessor_details": {
"name": "Green, Gibson and Nelson LLC",
"entity_type": "Limited Partnership",
"address": "685 Andrew Land\nBateshaven, MH 10376"
},
"lessee_details": {
"name": "Davidson-Perez",
"entity_type": "LLC",
"address": "93050 Theresa Squares\nLake Sharon, ID 12714"
}
},
"property_details": {
"address": "977 Angela Heights\nDuncantown, TX 82971",
"property_type": "Retail",
"lease_area_description": "Partial suite 36B in Building 5",
"square_footage_sqft": 14513
},
"lease_terms": {
"effective_date": "2023-09-28",
"commencement_date": "2023-10-02",
"initial_term_months": 36,
"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": 24357.65,
"annual_escalation_rate_percent": 3.52,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.27%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.28%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 48715.3,
"late_payment_interest_rate_percent": 15.3
},
"permitted_use": "Light manufacturing and assembly 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-2023-1766
Status: Draft
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Riley-Morris LLC, and the Tenant, Valdez 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 2023-08-31.
The subject of this lease concerns the Entire suite 32 in Building 1 at the property located at PSC 6523, Box 2326
APO AA 91640. This Industrial facility consists of approximately 1599 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-31, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $7,761.81. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $7,761.81 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, Valdez 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 Riley-Morris LLC. Late payments of rent will accrue interest at a rate of 5.5% 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 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-2023-1766",
"parties": {
"lessor_details": {
"name": "Riley-Morris LLC",
"entity_type": "Corporation",
"address": "74746 Bennett Views\nLake Bryan, PR 77503"
},
"lessee_details": {
"name": "Valdez PLC",
"entity_type": "S-Corp",
"address": "09105 Murray Center\nNorth Geoffrey, IA 81151"
}
},
"property_details": {
"address": "PSC 6523, Box 2326\nAPO AA 91640",
"property_type": "Industrial",
"lease_area_description": "Entire suite 32 in Building 1",
"square_footage_sqft": 1599
},
"lease_terms": {
"effective_date": "2023-08-31",
"commencement_date": "2023-10-31",
"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": 270
},
{
"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": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 7761.81,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.85%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 7761.81,
"late_payment_interest_rate_percent": 5.5
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Riley-Morris LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Riley-Morris LLC",
"Ross-Tran 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-2024-5849
Status: Draft
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown PLC Ventures, and the Tenant, Edwards-Brewer. 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 2024-01-01.
The subject of this lease concerns the Partial floor 29A in Building 4 at the property located at 49003 Jared Ridges Suite 640
West Austinchester, IN 22669. 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 2024-01-08, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $98,050.23. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $98,050.23 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 requires Landlord's explicit consent.
Per section 10.1, Edwards-Brewer 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 PLC Ventures. Late payments of rent will accrue interest at a rate of 17.7% 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 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-2024-5849",
"parties": {
"lessor_details": {
"name": "Brown PLC Ventures",
"entity_type": "LLC",
"address": "85420 Graham Mills\nNew Suzanne, DC 17360"
},
"lessee_details": {
"name": "Edwards-Brewer",
"entity_type": "Corporation",
"address": "45204 Pruitt Trace\nWest Cynthia, MO 15677"
}
},
"property_details": {
"address": "49003 Jared Ridges Suite 640\nWest Austinchester, IN 22669",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 29A in Building 4"
},
"lease_terms": {
"effective_date": "2024-01-01",
"commencement_date": "2024-01-08",
"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": 24,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 98050.23,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.65%)",
"estimated_monthly_amount_usd": 14707.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.84%)",
"estimated_monthly_amount_usd": 9805.02
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 98050.23,
"late_payment_interest_rate_percent": 17.7
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Brown PLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Brown PLC Ventures",
"Carpenter-James 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-2023-3225
Status: Amended
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miller, Callahan and Gilmore Properties, and the Tenant, Bradley, May and Cook. 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 2023-09-22.
The subject of this lease concerns the Entire floor 37 in Building 7 at the property located at 2203 Kathryn Lock
Lake Rebeccaport, AZ 41470. 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 2023-10-29, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $114,418.92. This figure is scheduled for an annual increase based on a 2.4% escalation rate. A security deposit of $114,418.92 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, Bradley, May and Cook 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, Callahan and Gilmore Properties. Late payments of rent will accrue interest at a rate of 7.2% 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 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-2023-3225",
"parties": {
"lessor_details": {
"name": "Miller, Callahan and Gilmore Properties",
"entity_type": "Limited Partnership",
"address": "813 Turner Forest\nReedville, TX 38674"
},
"lessee_details": {
"name": "Bradley, May and Cook",
"entity_type": "Corporation",
"address": "636 Ashley Trafficway Suite 713\nVeronicaville, GA 90460"
}
},
"property_details": {
"address": "2203 Kathryn Lock\nLake Rebeccaport, AZ 41470",
"property_type": "Industrial",
"lease_area_description": "Entire floor 37 in Building 7"
},
"lease_terms": {
"effective_date": "2023-09-22",
"commencement_date": "2023-10-29",
"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": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 114418.92,
"annual_escalation_rate_percent": 2.4,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.08%)",
"estimated_monthly_amount_usd": 17162.84
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 11441.89
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 114418.92,
"late_payment_interest_rate_percent": 7.2
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Miller, Callahan and Gilmore Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Miller, Callahan and Gilmore Properties",
"Wilson 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-2024-2842
Status: Executed
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jimenez, Scott and Valdez Properties, and the Tenant, Jacobs, Herrera and Evans. 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 2024-05-08.
The subject of this lease concerns the Entire suite 14 in Building 1 at the property located at 8628 Hannah Summit Suite 893
Chanmouth, HI 53691. This Mixed-Use facility consists of approximately 35643 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-21, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $115,097.19. This figure is scheduled for an annual increase based on a 2.64% escalation rate. A security deposit of $230,194.38 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 Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Jacobs, Herrera and Evans 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 Jimenez, Scott and Valdez Properties. Note the existence of a Landlord Recapture Right 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-2024-2842",
"parties": {
"lessor_details": {
"name": "Jimenez, Scott and Valdez Properties",
"entity_type": "LLC",
"address": "3773 Coleman View\nJuantown, NE 97951"
},
"lessee_details": {
"name": "Jacobs, Herrera and Evans",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "8628 Hannah Summit Suite 893\nChanmouth, HI 53691",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 14 in Building 1",
"square_footage_sqft": 35643
},
"lease_terms": {
"effective_date": "2024-05-08",
"commencement_date": "2024-05-21",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"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": 115097.19,
"annual_escalation_rate_percent": 2.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.08%)",
"estimated_monthly_amount_usd": 17264.58
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.80%)",
"estimated_monthly_amount_usd": 11509.72
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 230194.38
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jimenez, Scott and Valdez Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Jimenez, Scott and Valdez Properties",
"Adams 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-2024-5658
Status: Under Review
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Anderson-Myers Inc., and the Tenant, Wagner-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 2024-05-12.
The subject of this lease concerns the Partial unit 29A in Building 9 at the property located at 922 Gregg Place Apt. 992
Lake Katieton, OK 48164. This Industrial facility consists of approximately 29961 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-30, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $149,805.00. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $149,805.00 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.
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 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-2024-5658",
"parties": {
"lessor_details": {
"name": "Anderson-Myers Inc.",
"entity_type": "LLC",
"address": "743 Davis Point Suite 751\nLarryview, NM 27497"
},
"lessee_details": {
"name": "Wagner-Williams",
"entity_type": "Corporation",
"address": "304 Mann Valley Suite 647\nSouth Melinda, NJ 92571"
}
},
"property_details": {
"address": "922 Gregg Place Apt. 992\nLake Katieton, OK 48164",
"property_type": "Industrial",
"lease_area_description": "Partial unit 29A in Building 9",
"square_footage_sqft": 29961
},
"lease_terms": {
"effective_date": "2024-05-12",
"commencement_date": "2024-06-30",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 149805.0,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.59%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.82%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 149805.0,
"late_payment_interest_rate_percent": 5.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Washington",
"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-2024-8797
Status: Under Review
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Barron-Lewis Inc., and the Tenant, Green 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 2024-02-04.
The subject of this lease concerns the Partial suite 9B in Building 2 at the property located at 877 Samuel Manor Apt. 384
Danielville, MO 49555. This Mixed-Use facility consists of approximately 40971 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-22, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $197,104.65. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $394,209.30 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.
Per section 10.1, Green 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 Barron-Lewis Inc.. Late payments of rent will accrue interest at a rate of 9.2% 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 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-2024-8797",
"parties": {
"lessor_details": {
"name": "Barron-Lewis Inc.",
"entity_type": "Corporation",
"address": "3544 Bass Grove\nTinachester, NM 26196"
},
"lessee_details": {
"name": "Green Group",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "877 Samuel Manor Apt. 384\nDanielville, MO 49555",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 9B in Building 2",
"square_footage_sqft": 40971
},
"lease_terms": {
"effective_date": "2024-02-04",
"commencement_date": "2024-02-22",
"initial_term_months": 60,
"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": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 197104.65,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.10%)",
"estimated_monthly_amount_usd": 29565.7
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.70%)",
"estimated_monthly_amount_usd": 19710.46
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 394209.3,
"late_payment_interest_rate_percent": 9.2
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Barron-Lewis Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Barron-Lewis Inc.",
"Reed, Brewer and Berry 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-2024-8781
Status: Executed
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcdaniel Group LLC, and the Tenant, Smith 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 2024-07-20.
The subject of this lease concerns the Entire unit 36A in Building 6 at the property located at 420 Kevin Forest
Lake Robertside, AL 43934. This Retail facility consists of approximately 42188 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-12, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $170,966.87. This figure is scheduled for an annual increase based on a 3.1% escalation rate. A security deposit of $170,966.87 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Smith 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 Mcdaniel Group LLC. Note the existence of a Landlord Recapture Right 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-2024-8781",
"parties": {
"lessor_details": {
"name": "Mcdaniel Group LLC",
"entity_type": "Corporation",
"address": "6338 Cox Dam Apt. 240\nNew Jeremytown, NY 11690"
},
"lessee_details": {
"name": "Smith PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "420 Kevin Forest\nLake Robertside, AL 43934",
"property_type": "Retail",
"lease_area_description": "Entire unit 36A in Building 6",
"square_footage_sqft": 42188
},
"lease_terms": {
"effective_date": "2024-07-20",
"commencement_date": "2024-08-12",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"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": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 170966.87,
"annual_escalation_rate_percent": 3.1,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.69%)",
"estimated_monthly_amount_usd": 25645.03
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.65%)",
"estimated_monthly_amount_usd": 17096.69
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 170966.87
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Mcdaniel Group LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Mcdaniel Group LLC",
"Conway, Roberts and Gates 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-2024-1608
Status: Draft
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Morales, Smith and Lee Holdings, and the Tenant, Anderson, Hudson and Rocha. 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 2024-01-01.
The subject of this lease concerns the Entire floor 3A in Building 7 at the property located at 7221 Laura Plains
Masonbury, MP 11599. 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 2024-01-19, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $226,162.94. This figure is scheduled for an annual increase based on a 2.81% escalation rate. A security deposit of $226,162.94 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Anderson, Hudson and Rocha 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 Morales, Smith and Lee Holdings. Late payments of rent will accrue interest at a rate of 7.0% 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-2024-1608",
"parties": {
"lessor_details": {
"name": "Morales, Smith and Lee Holdings",
"entity_type": "Corporation",
"address": "82178 Leonard Lakes Apt. 233\nNorth John, TN 41867"
},
"lessee_details": {
"name": "Anderson, Hudson and Rocha",
"entity_type": "S-Corp",
"address": "34448 Eric Vista Suite 904\nNorth Alexanderville, HI 66743"
}
},
"property_details": {
"address": "7221 Laura Plains\nMasonbury, MP 11599",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 3A in Building 7"
},
"lease_terms": {
"effective_date": "2024-01-01",
"commencement_date": "2024-01-19",
"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": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 226162.94,
"annual_escalation_rate_percent": 2.81,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.30%)",
"estimated_monthly_amount_usd": 33924.44
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.42%)",
"estimated_monthly_amount_usd": 22616.29
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 226162.94,
"late_payment_interest_rate_percent": 7.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Iowa",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Morales, Smith and Lee Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Morales, Smith and Lee Holdings",
"Moore-Cohen 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-2023-1663
Status: Draft
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fleming-Townsend Inc., and the Tenant, Miller 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 2023-10-14.
The subject of this lease concerns the Entire suite 19 in Building 9 at the property located at 2946 Lisa Lights
Beverlyburgh, MD 95146. This Warehouse facility consists of approximately 30430 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-16, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $133,892.00. This figure is scheduled for an annual increase based on a 2.29% escalation rate. A security deposit of $133,892.00 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 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 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-2023-1663",
"parties": {
"lessor_details": {
"name": "Fleming-Townsend Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Miller Inc",
"entity_type": "S-Corp",
"address": "36830 Rivas Mission Apt. 927\nAllisonberg, TN 52853"
}
},
"property_details": {
"address": "2946 Lisa Lights\nBeverlyburgh, MD 95146",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 19 in Building 9",
"square_footage_sqft": 30430
},
"lease_terms": {
"effective_date": "2023-10-14",
"commencement_date": "2023-12-16",
"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": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"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": 133892.0,
"annual_escalation_rate_percent": 2.29,
"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 (5.12%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 133892.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"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-2024-4201
Status: Executed
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gallagher-Lane Properties, and the Tenant, Avery-Turner. 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 2024-06-23.
The subject of this lease concerns the Entire floor 16 in Building 1 at the property located at PSC 2364, Box 3973
APO AP 72500. 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 2024-09-02, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $25,440.56. This figure is scheduled for an annual increase based on a 2.28% escalation rate. A security deposit of $25,440.56 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 Greater of Fair Market Value or previous rent + 3%. 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 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-2024-4201",
"parties": {
"lessor_details": {
"name": "Gallagher-Lane Properties",
"entity_type": "LLC",
"address": "85811 Aaron Way\nLake Doris, OR 92496"
},
"lessee_details": {
"name": "Avery-Turner",
"entity_type": "LLC",
"address": "6433 Lane Park Suite 112\nSouth Philip, NH 47249"
}
},
"property_details": {
"address": "PSC 2364, Box 3973\nAPO AP 72500",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 16 in Building 1"
},
"lease_terms": {
"effective_date": "2024-06-23",
"commencement_date": "2024-09-02",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"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": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"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": 25440.56,
"annual_escalation_rate_percent": 2.28,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.77%)",
"estimated_monthly_amount_usd": 3816.08
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.91%)",
"estimated_monthly_amount_usd": 2544.06
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 25440.56
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Arizona",
"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-2024-7817
Status: Draft
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Robinson-Ruiz Properties, and the Tenant, Cordova 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 2024-05-28.
The subject of this lease concerns the Entire suite 23B in Building 4 at the property located at Unit 5987 Box 4685
DPO AE 48483. This Industrial facility consists of approximately 6889 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-20, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $25,408.93. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $25,408.93 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.
Per section 10.1, Cordova PLC 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 Robinson-Ruiz Properties. 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 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-2024-7817",
"parties": {
"lessor_details": {
"name": "Robinson-Ruiz Properties",
"entity_type": "Corporation",
"address": "034 Warren Summit Apt. 410\nEricville, NM 52032"
},
"lessee_details": {
"name": "Cordova PLC",
"entity_type": "Corporation",
"address": "7626 Lee Corners\nSouth Nancybury, NE 99203"
}
},
"property_details": {
"address": "Unit 5987 Box 4685\nDPO AE 48483",
"property_type": "Industrial",
"lease_area_description": "Entire suite 23B in Building 4",
"square_footage_sqft": 6889
},
"lease_terms": {
"effective_date": "2024-05-28",
"commencement_date": "2024-06-20",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"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": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 25408.93,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.49%)",
"estimated_monthly_amount_usd": 3811.34
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.19%)",
"estimated_monthly_amount_usd": 2540.89
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 25408.93,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Robinson-Ruiz Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Robinson-Ruiz Properties",
"Sharp Inc 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-2024-6366
Status: Executed
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Parker-Maxwell Properties, and the Tenant, Jones, Cross and Li. 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 2024-06-06.
The subject of this lease concerns the Partial suite 29B in Building 10 at the property located at 974 Miles Mills
Evanston, AL 66203. This Industrial facility consists of approximately 27032 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-09, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $116,733.19. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $116,733.19 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.
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 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-2024-6366",
"parties": {
"lessor_details": {
"name": "Parker-Maxwell Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Jones, Cross and Li",
"entity_type": "S-Corp",
"address": "USS Blair\nFPO AE 87448"
}
},
"property_details": {
"address": "974 Miles Mills\nEvanston, AL 66203",
"property_type": "Industrial",
"lease_area_description": "Partial suite 29B in Building 10",
"square_footage_sqft": 27032
},
"lease_terms": {
"effective_date": "2024-06-06",
"commencement_date": "2024-06-09",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"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": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 116733.19,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.92%)",
"estimated_monthly_amount_usd": 17509.98
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.77%)",
"estimated_monthly_amount_usd": 11673.32
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 116733.19,
"late_payment_interest_rate_percent": 17.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"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-2024-4730
Status: Under Review
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson, Parker and Fields Ventures, 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 2024-01-12.
The subject of this lease concerns the Partial suite 37 in Building 5 at the property located at 402 Karen Prairie
North Johnny, HI 38674. This Retail facility consists of approximately 49830 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 5 years. The Tenant's monthly obligation for base rent begins at $124,865.68. This figure is scheduled for an annual increase based on a 1.69% escalation rate. A security deposit of $124,865.68 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Hernandez 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 Johnson, Parker and Fields Ventures. Late payments of rent will accrue interest at a rate of 11.4% 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 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-2024-4730",
"parties": {
"lessor_details": {
"name": "Johnson, Parker and Fields Ventures",
"entity_type": "Corporation",
"address": "Unit 6457 Box 7628\nDPO AA 39336"
},
"lessee_details": {
"name": "Hernandez LLC",
"entity_type": "Corporation",
"address": "141 Jerry Harbor Apt. 193\nFergusonbury, MA 38623"
}
},
"property_details": {
"address": "402 Karen Prairie\nNorth Johnny, HI 38674",
"property_type": "Retail",
"lease_area_description": "Partial suite 37 in Building 5",
"square_footage_sqft": 49830
},
"lease_terms": {
"effective_date": "2024-01-12",
"commencement_date": "2024-02-12",
"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": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 124865.68,
"annual_escalation_rate_percent": 1.69,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.43%)",
"estimated_monthly_amount_usd": 18729.85
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.79%)",
"estimated_monthly_amount_usd": 12486.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 124865.68,
"late_payment_interest_rate_percent": 11.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Johnson, Parker and Fields Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Johnson, Parker and Fields Ventures",
"Henry, Butler and 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-2024-5868
Status: Amended
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wilson Group Ventures, and the Tenant, Sharp 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 2024-04-02.
The subject of this lease concerns the Entire unit 44B in Building 1 at the property located at 913 Reed Green Suite 551
South Maryport, WV 34539. This Industrial 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 2024-05-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $127,114.59. This figure is scheduled for an annual increase based on a 3.86% escalation rate. A security deposit of $127,114.59 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 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, Sharp 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 Wilson Group Ventures. Late payments of rent will accrue interest at a rate of 8.3% 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 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-2024-5868",
"parties": {
"lessor_details": {
"name": "Wilson Group Ventures",
"entity_type": "Corporation",
"address": "483 Timothy Drive Suite 702\nNorth Kurtmouth, NV 38992"
},
"lessee_details": {
"name": "Sharp LLC",
"entity_type": "Corporation",
"address": "PSC 9622, Box 3305\nAPO AP 75231"
}
},
"property_details": {
"address": "913 Reed Green Suite 551\nSouth Maryport, WV 34539",
"property_type": "Industrial",
"lease_area_description": "Entire unit 44B in Building 1"
},
"lease_terms": {
"effective_date": "2024-04-02",
"commencement_date": "2024-05-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"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": 60,
"penalty_details": "5 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": 127114.59,
"annual_escalation_rate_percent": 3.86,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.11%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.57%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 127114.59,
"late_payment_interest_rate_percent": 8.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Wilson Group Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Wilson Group Ventures",
"Martinez-Ramsey 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-2024-9225
Status: Under Review
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wall, Lowe and Snyder Holdings, and the Tenant, Martinez 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 2024-02-18.
The subject of this lease concerns the Partial unit 9B in Building 9 at the property located at 128 Robert Mall Apt. 851
South James, OR 40726. This Warehouse facility consists of approximately 22962 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-03, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $79,946.03. This figure is scheduled for an annual increase based on a 3.64% escalation rate. A security deposit of $79,946.03 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 Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Martinez and Sons 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 Wall, Lowe and Snyder Holdings. 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-2024-9225",
"parties": {
"lessor_details": {
"name": "Wall, Lowe and Snyder Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Martinez and Sons",
"entity_type": "Corporation",
"address": "7453 Nelson Park Apt. 005\nRodgersshire, LA 29048"
}
},
"property_details": {
"address": "128 Robert Mall Apt. 851\nSouth James, OR 40726",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 9B in Building 9",
"square_footage_sqft": 22962
},
"lease_terms": {
"effective_date": "2024-02-18",
"commencement_date": "2024-03-03",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 79946.03,
"annual_escalation_rate_percent": 3.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.12%)",
"estimated_monthly_amount_usd": 11991.9
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.58%)",
"estimated_monthly_amount_usd": 7994.6
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 79946.03,
"late_payment_interest_rate_percent": 8.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Wall, Lowe and Snyder Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Wall, Lowe and Snyder Holdings",
"Benson-Watkins 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-2024-2381
Status: Executed
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Atkins Ltd Holdings, and the Tenant, Jackson, Mcpherson and Smith. 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 2024-01-14.
The subject of this lease concerns the Entire unit 15B in Building 8 at the property located at 6722 James Trail
Lloydmouth, WI 74437. This Mixed-Use facility consists of approximately 8693 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-04, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $17,038.28. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $34,076.56 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Jackson, Mcpherson and Smith 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 Atkins Ltd Holdings. Note the existence of a Landlord Recapture Right 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-2024-2381",
"parties": {
"lessor_details": {
"name": "Atkins Ltd Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Jackson, Mcpherson and Smith",
"entity_type": "LLC",
"address": "2549 Montgomery Forges\nPort Benjaminville, MI 75907"
}
},
"property_details": {
"address": "6722 James Trail\nLloydmouth, WI 74437",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 15B in Building 8",
"square_footage_sqft": 8693
},
"lease_terms": {
"effective_date": "2024-01-14",
"commencement_date": "2024-04-04",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"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": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 17038.28,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.88%)",
"estimated_monthly_amount_usd": 2555.74
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.48%)",
"estimated_monthly_amount_usd": 1703.83
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 34076.56
},
"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": [
"Atkins Ltd Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Atkins Ltd Holdings",
"Brown 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-2023-2445
Status: Executed
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ross, Thomas and Pitts Ventures, and the Tenant, Velasquez 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 2023-09-04.
The subject of this lease concerns the Partial floor 16A in Building 2 at the property located at 113 Kent Meadow Apt. 322
Harrellmouth, MD 68698. This Industrial facility consists of approximately 2750 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $8,712.92. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $17,425.84 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 is permitted subject to standard conditions.
Per section 10.1, Velasquez 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 Ross, Thomas and Pitts Ventures. 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 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-2023-2445",
"parties": {
"lessor_details": {
"name": "Ross, Thomas and Pitts Ventures",
"entity_type": "LLC",
"address": "Unit 1964 Box 9376\nDPO AE 38328"
},
"lessee_details": {
"name": "Velasquez and Sons",
"entity_type": "LLC"
}
},
"property_details": {
"address": "113 Kent Meadow Apt. 322\nHarrellmouth, MD 68698",
"property_type": "Industrial",
"lease_area_description": "Partial floor 16A in Building 2",
"square_footage_sqft": 2750
},
"lease_terms": {
"effective_date": "2023-09-04",
"commencement_date": "2023-09-06",
"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": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"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": 8712.92,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.61%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.21%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 17425.84,
"late_payment_interest_rate_percent": 11.6
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Ross, Thomas and Pitts Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Ross, Thomas and Pitts Ventures",
"Morton Inc 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-2024-2583
Status: Amended
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Moore Inc Holdings, and the Tenant, Smith, Miller and Best. 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 Entire unit 33 in Building 5 at the property located at 64448 Gregory Falls
Castroberg, NJ 78314. This Warehouse facility consists of approximately 20565 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 7 years. The Tenant's monthly obligation for base rent begins at $81,231.75. This figure is scheduled for an annual increase based on a 2.91% escalation rate. A security deposit of $162,463.50 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, Smith, Miller and Best 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 Moore Inc Holdings. Late payments of rent will accrue interest at a rate of 5.7% 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 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-2024-2583",
"parties": {
"lessor_details": {
"name": "Moore Inc Holdings",
"entity_type": "Limited Partnership",
"address": "129 Nicholas Overpass Apt. 350\nCarrfurt, WI 29219"
},
"lessee_details": {
"name": "Smith, Miller and Best",
"entity_type": "LLC"
}
},
"property_details": {
"address": "64448 Gregory Falls\nCastroberg, NJ 78314",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 33 in Building 5",
"square_footage_sqft": 20565
},
"lease_terms": {
"effective_date": "2024-03-10",
"commencement_date": "2024-04-21",
"initial_term_months": 84,
"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": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 81231.75,
"annual_escalation_rate_percent": 2.91,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.94%)",
"estimated_monthly_amount_usd": 12184.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.04%)",
"estimated_monthly_amount_usd": 8123.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 162463.5,
"late_payment_interest_rate_percent": 5.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Moore Inc Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Moore Inc Holdings",
"Larson-Calderon 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-2024-8308
Status: Under Review
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Powell-Roach Inc., and the Tenant, Williams 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 2024-05-06.
The subject of this lease concerns the Partial suite 4B in Building 6 at the property located at 21927 Stephanie Shoals
New Cassandraland, AZ 42750. This Office facility consists of approximately 20730 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-17, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $98,657.52. This figure is scheduled for an annual increase based on a 3.43% escalation rate. A security deposit of $98,657.52 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 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 11.5% 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 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-2024-8308",
"parties": {
"lessor_details": {
"name": "Powell-Roach Inc.",
"entity_type": "Corporation",
"address": "6512 Jacob Green\nEast Marcbury, MN 83910"
},
"lessee_details": {
"name": "Williams and Sons",
"entity_type": "S-Corp",
"address": "1714 Reyes Ramp\nSarahshire, KS 95619"
}
},
"property_details": {
"address": "21927 Stephanie Shoals\nNew Cassandraland, AZ 42750",
"property_type": "Office",
"lease_area_description": "Partial suite 4B in Building 6",
"square_footage_sqft": 20730
},
"lease_terms": {
"effective_date": "2024-05-06",
"commencement_date": "2024-07-17",
"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": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 98657.52,
"annual_escalation_rate_percent": 3.43,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.85%)",
"estimated_monthly_amount_usd": 14798.63
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.95%)",
"estimated_monthly_amount_usd": 9865.75
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 98657.52,
"late_payment_interest_rate_percent": 11.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"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-2024-8294
Status: Executed
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Thomas and Sons Inc., and the Tenant, Pitts 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 2024-03-01.
The subject of this lease concerns the Entire unit 3B in Building 8 at the property located at 537 John Path
New Tonyview, KY 77858. This Warehouse facility consists of approximately 40393 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-12, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $78,396.08. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $156,792.16 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 is permitted subject to standard conditions.
Per section 10.1, Pitts 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 Thomas and Sons Inc.. Late payments of rent will accrue interest at a rate of 16.3% 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 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-2024-8294",
"parties": {
"lessor_details": {
"name": "Thomas and Sons Inc.",
"entity_type": "LLC",
"address": "914 Hayes Inlet\nLucasshire, KY 34447"
},
"lessee_details": {
"name": "Pitts and Sons",
"entity_type": "LLC"
}
},
"property_details": {
"address": "537 John Path\nNew Tonyview, KY 77858",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 3B in Building 8",
"square_footage_sqft": 40393
},
"lease_terms": {
"effective_date": "2024-03-01",
"commencement_date": "2024-04-12",
"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
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 78396.08,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.10%)",
"estimated_monthly_amount_usd": 11759.41
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.98%)",
"estimated_monthly_amount_usd": 7839.61
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 156792.16,
"late_payment_interest_rate_percent": 16.3
},
"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": 2000000,
"named_insureds_required": [
"Thomas and Sons Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Thomas and Sons Inc.",
"Walker 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-2023-3188
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fernandez, Copeland and Ortiz Holdings, and the Tenant, Roberts 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 2023-08-15.
The subject of this lease concerns the Partial suite 2 in Building 8 at the property located at 58053 Dave Villages Suite 129
Port Alexanderville, DC 47956. This Retail facility consists of approximately 5034 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-08-31, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $22,241.89. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $44,483.78 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.
Per section 10.1, Roberts 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 Fernandez, Copeland and Ortiz Holdings. Late payments of rent will accrue interest at a rate of 7.6% 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 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-2023-3188",
"parties": {
"lessor_details": {
"name": "Fernandez, Copeland and Ortiz Holdings",
"entity_type": "LLC",
"address": "338 Gray Parkway Apt. 588\nCowanview, MO 67597"
},
"lessee_details": {
"name": "Roberts LLC",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "58053 Dave Villages Suite 129\nPort Alexanderville, DC 47956",
"property_type": "Retail",
"lease_area_description": "Partial suite 2 in Building 8",
"square_footage_sqft": 5034
},
"lease_terms": {
"effective_date": "2023-08-15",
"commencement_date": "2023-08-31",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 22241.89,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.75%)",
"estimated_monthly_amount_usd": 3336.28
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.44%)",
"estimated_monthly_amount_usd": 2224.19
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 44483.78,
"late_payment_interest_rate_percent": 7.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Fernandez, Copeland and Ortiz Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Fernandez, Copeland and Ortiz Holdings",
"Baker-Mitchell 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-2023-4369
Status: Under Review
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Little Group Inc., and the Tenant, Forbes, Weaver and Vasquez. 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 2023-10-24.
The subject of this lease concerns the Partial suite 12 in Building 1 at the property located at 25439 Lisa Brook
Robertschester, PW 36044. This Mixed-Use facility consists of approximately 45516 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-31, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $156,461.25. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $156,461.25 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.
Per section 10.1, Forbes, Weaver and Vasquez 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 Little Group 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 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-2023-4369",
"parties": {
"lessor_details": {
"name": "Little Group Inc.",
"entity_type": "LLC",
"address": "621 Jensen Fords\nRoyfort, TN 32767"
},
"lessee_details": {
"name": "Forbes, Weaver and Vasquez",
"entity_type": "LLC",
"address": "USNV Stafford\nFPO AE 20181"
}
},
"property_details": {
"address": "25439 Lisa Brook\nRobertschester, PW 36044",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 12 in Building 1",
"square_footage_sqft": 45516
},
"lease_terms": {
"effective_date": "2023-10-24",
"commencement_date": "2023-10-31",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 36,
"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": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 156461.25,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.30%)",
"estimated_monthly_amount_usd": 23469.19
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.64%)",
"estimated_monthly_amount_usd": 15646.12
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 156461.25
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Little Group Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Little Group Inc.",
"Crosby Inc 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-2024-9943
Status: Amended
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cruz-Robbins Properties, and the Tenant, Johnson 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 2024-08-04.
The subject of this lease concerns the Partial suite 27A in Building 10 at the property located at 909 Jasmine Alley Suite 789
Carpenterhaven, VT 72114. This Office facility consists of approximately 16471 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-09, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $63,838.85. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $63,838.85 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 7.0% 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-2024-9943",
"parties": {
"lessor_details": {
"name": "Cruz-Robbins Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Johnson and Sons",
"entity_type": "S-Corp",
"address": "PSC 0331, Box 3344\nAPO AE 93386"
}
},
"property_details": {
"address": "909 Jasmine Alley Suite 789\nCarpenterhaven, VT 72114",
"property_type": "Office",
"lease_area_description": "Partial suite 27A in Building 10",
"square_footage_sqft": 16471
},
"lease_terms": {
"effective_date": "2024-08-04",
"commencement_date": "2024-08-09",
"initial_term_months": 36,
"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": 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": 63838.85,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.69%)",
"estimated_monthly_amount_usd": 9575.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.43%)",
"estimated_monthly_amount_usd": 6383.88
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 63838.85,
"late_payment_interest_rate_percent": 7.0
},
"permitted_use": "Light manufacturing and assembly 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-2024-6733
Status: Under Review
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson Inc Properties, and the Tenant, Hart, Carter and Ward. 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 2024-06-02.
The subject of this lease concerns the Partial unit 37B in Building 2 at the property located at 8763 Sara Summit Apt. 492
Anthonyfort, FL 26412. This Office facility consists of approximately 2771 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $10,107.22. This figure is scheduled for an annual increase based on a 1.81% escalation rate. A security deposit of $20,214.44 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.
Late payments of rent will accrue interest at a rate of 9.6% 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-2024-6733",
"parties": {
"lessor_details": {
"name": "Johnson Inc Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Hart, Carter and Ward",
"entity_type": "LLC",
"address": "64069 Aaron Street Apt. 351\nEast David, IL 22272"
}
},
"property_details": {
"address": "8763 Sara Summit Apt. 492\nAnthonyfort, FL 26412",
"property_type": "Office",
"lease_area_description": "Partial unit 37B in Building 2",
"square_footage_sqft": 2771
},
"lease_terms": {
"effective_date": "2024-06-02",
"commencement_date": "2024-08-15",
"initial_term_months": 36,
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 10107.22,
"annual_escalation_rate_percent": 1.81,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.68%)",
"estimated_monthly_amount_usd": 1516.08
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.08%)",
"estimated_monthly_amount_usd": 1010.72
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 20214.44,
"late_payment_interest_rate_percent": 9.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"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-2023-7164
Status: Under Review
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lang, Hill and May Holdings, and the Tenant, Anderson-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 2023-11-23.
The subject of this lease concerns the Partial suite 50B in Building 1 at the property located at 3492 Nicholas Spring
Shawnville, TN 64058. 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 2023-12-31, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $36,290.18. This figure is scheduled for an annual increase based on a 1.81% escalation rate. A security deposit of $72,580.36 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 requires Landlord's explicit consent.
Per section 10.1, Anderson-Miller 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 Lang, Hill and May Holdings. Late payments of rent will accrue interest at a rate of 6.6% 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-2023-7164",
"parties": {
"lessor_details": {
"name": "Lang, Hill and May Holdings",
"entity_type": "Limited Partnership",
"address": "905 Nicholas Radial\nJacksonside, LA 22266"
},
"lessee_details": {
"name": "Anderson-Miller",
"entity_type": "LLC",
"address": "309 Makayla Streets Suite 650\nSouth Tammy, ND 17580"
}
},
"property_details": {
"address": "3492 Nicholas Spring\nShawnville, TN 64058",
"property_type": "Retail",
"lease_area_description": "Partial suite 50B in Building 1"
},
"lease_terms": {
"effective_date": "2023-11-23",
"commencement_date": "2023-12-31",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"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": 36290.18,
"annual_escalation_rate_percent": 1.81,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.62%)",
"estimated_monthly_amount_usd": 5443.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.90%)",
"estimated_monthly_amount_usd": 3629.02
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 72580.36,
"late_payment_interest_rate_percent": 6.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Indiana",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Lang, Hill and May Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Lang, Hill and May Holdings",
"Lambert, Gomez and Arnold 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-2023-2897
Status: Under Review
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Sanchez, Harrington and Brown Inc., and the Tenant, Hines-Torres. 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 2023-12-31.
The subject of this lease concerns the Partial floor 5 in Building 1 at the property located at 89708 Bruce Overpass Suite 576
Dawnshire, MP 92745. This Industrial facility consists of approximately 47839 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-01, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $168,512.88. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $168,512.88 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, Hines-Torres 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 Sanchez, Harrington and Brown Inc.. Late payments of rent will accrue interest at a rate of 7.6% 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-2023-2897",
"parties": {
"lessor_details": {
"name": "Sanchez, Harrington and Brown Inc.",
"entity_type": "Corporation",
"address": "PSC 0422, Box 6704\nAPO AA 38879"
},
"lessee_details": {
"name": "Hines-Torres",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "89708 Bruce Overpass Suite 576\nDawnshire, MP 92745",
"property_type": "Industrial",
"lease_area_description": "Partial floor 5 in Building 1",
"square_footage_sqft": 47839
},
"lease_terms": {
"effective_date": "2023-12-31",
"commencement_date": "2024-01-01",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 168512.88,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.88%)",
"estimated_monthly_amount_usd": 25276.93
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.67%)",
"estimated_monthly_amount_usd": 16851.29
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 168512.88,
"late_payment_interest_rate_percent": 7.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Sanchez, Harrington and Brown Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Sanchez, Harrington and Brown Inc.",
"Suarez Inc 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-2024-5356
Status: Amended
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bryant-Miller Ventures, and the Tenant, Love-Walker. 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 Entire suite 41 in Building 6 at the property located at 4840 Downs Divide Apt. 843
Hernandezberg, WI 54211. This Retail facility consists of approximately 10585 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-11, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $19,705.74. This figure is scheduled for an annual increase based on a 3.43% escalation rate. A security deposit of $39,411.48 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.
Per section 10.1, Love-Walker 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 Bryant-Miller Ventures. Late payments of rent will accrue interest at a rate of 11.3% 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-2024-5356",
"parties": {
"lessor_details": {
"name": "Bryant-Miller Ventures",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Love-Walker",
"entity_type": "LLC",
"address": "6792 Lewis Valleys\nNorth Michael, IN 21929"
}
},
"property_details": {
"address": "4840 Downs Divide Apt. 843\nHernandezberg, WI 54211",
"property_type": "Retail",
"lease_area_description": "Entire suite 41 in Building 6",
"square_footage_sqft": 10585
},
"lease_terms": {
"effective_date": "2024-04-09",
"commencement_date": "2024-05-11",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
},
{
"option_number": 2,
"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": "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": 19705.74,
"annual_escalation_rate_percent": 3.43,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.32%)",
"estimated_monthly_amount_usd": 2955.86
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.38%)",
"estimated_monthly_amount_usd": 1970.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 39411.48,
"late_payment_interest_rate_percent": 11.3
},
"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": [
"Bryant-Miller Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Bryant-Miller Ventures",
"Hanna 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-2023-7125
Status: Amended
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Soto, Harrison and Mcclain Ventures, and the Tenant, Jones-Pierce. 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 2023-09-10.
The subject of this lease concerns the Entire suite 23B in Building 3 at the property located at 40446 Owens Knolls
South Malik, WV 51460. This Warehouse facility consists of approximately 33512 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $111,120.21. This figure is scheduled for an annual increase based on a 3.18% escalation rate. A security deposit of $111,120.21 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Jones-Pierce 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 Soto, Harrison and Mcclain Ventures. Late payments of rent will accrue interest at a rate of 11.7% 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-2023-7125",
"parties": {
"lessor_details": {
"name": "Soto, Harrison and Mcclain Ventures",
"entity_type": "Limited Partnership",
"address": "241 Fuller Forks Apt. 605\nEast Jessica, OR 44457"
},
"lessee_details": {
"name": "Jones-Pierce",
"entity_type": "LLC",
"address": "6913 Richard Spur\nNew Teresaton, AL 42380"
}
},
"property_details": {
"address": "40446 Owens Knolls\nSouth Malik, WV 51460",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 23B in Building 3",
"square_footage_sqft": 33512
},
"lease_terms": {
"effective_date": "2023-09-10",
"commencement_date": "2023-09-24",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 111120.21,
"annual_escalation_rate_percent": 3.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.97%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.80%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 111120.21,
"late_payment_interest_rate_percent": 11.7
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Soto, Harrison and Mcclain Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Soto, Harrison and Mcclain Ventures",
"Charles 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-2024-2415
Status: Draft
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams, Carroll and Bell Holdings, and the Tenant, Allen, Farmer and Wise. 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 21 in Building 6 at the property located at 70428 Nichole River Suite 876
South Garytown, IL 74034. This Mixed-Use facility consists of approximately 45819 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 10 years. The Tenant's monthly obligation for base rent begins at $154,066.39. This figure is scheduled for an annual increase based on a 3.33% escalation rate. A security deposit of $154,066.39 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, Allen, Farmer and Wise 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 Williams, Carroll and Bell Holdings. Late payments of rent will accrue interest at a rate of 13.7% 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 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-2024-2415",
"parties": {
"lessor_details": {
"name": "Williams, Carroll and Bell Holdings",
"entity_type": "Corporation",
"address": "77939 Simpson Lodge Suite 421\nBarnettville, WI 08409"
},
"lessee_details": {
"name": "Allen, Farmer and Wise",
"entity_type": "LLC"
}
},
"property_details": {
"address": "70428 Nichole River Suite 876\nSouth Garytown, IL 74034",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 21 in Building 6",
"square_footage_sqft": 45819
},
"lease_terms": {
"effective_date": "2024-01-24",
"commencement_date": "2024-01-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"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": 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": 154066.39,
"annual_escalation_rate_percent": 3.33,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.95%)",
"estimated_monthly_amount_usd": 23109.96
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.23%)",
"estimated_monthly_amount_usd": 15406.64
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 154066.39,
"late_payment_interest_rate_percent": 13.7
},
"permitted_use": "Retail sales of goods 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": [
"Williams, Carroll and Bell Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Williams, Carroll and Bell Holdings",
"Norris, Randall and Horne 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-2024-2746
Status: Under Review
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Adams Ltd Holdings, and the Tenant, Bowman 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 2024-06-25.
The subject of this lease concerns the Entire unit 37B in Building 10 at the property located at 883 Gibson Stream Apt. 510
East Amanda, GA 61486. 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 2024-08-24, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $50,487.06. This figure is scheduled for an annual increase based on a 2.7% escalation rate. A security deposit of $50,487.06 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, Bowman 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 Adams Ltd Holdings. 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-2024-2746",
"parties": {
"lessor_details": {
"name": "Adams Ltd Holdings",
"entity_type": "Corporation",
"address": "1677 Hill Extension\nCobbfort, TX 48262"
},
"lessee_details": {
"name": "Bowman PLC",
"entity_type": "Corporation",
"address": "8586 Christine Forges\nOsbornview, KY 85791"
}
},
"property_details": {
"address": "883 Gibson Stream Apt. 510\nEast Amanda, GA 61486",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 37B in Building 10"
},
"lease_terms": {
"effective_date": "2024-06-25",
"commencement_date": "2024-08-24",
"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": 365
},
{
"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": 50487.06,
"annual_escalation_rate_percent": 2.7,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.00%)",
"estimated_monthly_amount_usd": 7573.06
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.74%)",
"estimated_monthly_amount_usd": 5048.71
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 50487.06,
"late_payment_interest_rate_percent": 14.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Adams Ltd Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Adams Ltd Holdings",
"Diaz, Alexander and Woods 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-2023-4049
Status: Amended
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jackson, Baxter and Jones Inc., and the Tenant, Perez, Bell and Roberson. 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 2023-10-14.
The subject of this lease concerns the Entire unit 21A in Building 3 at the property located at 005 Diane Creek
Johnsonhaven, SC 53885. This Office 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 2023-12-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $29,948.58. This figure is scheduled for an annual increase based on a 1.52% escalation rate. A security deposit of $59,897.16 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 Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Perez, Bell and Roberson 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 Jackson, Baxter and Jones Inc.. 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 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-2023-4049",
"parties": {
"lessor_details": {
"name": "Jackson, Baxter and Jones Inc.",
"entity_type": "LLC",
"address": "066 Shawna Rapid\nEast Josephstad, NH 67642"
},
"lessee_details": {
"name": "Perez, Bell and Roberson",
"entity_type": "S-Corp",
"address": "9088 Stephen Plaza\nTaylorfurt, AL 03919"
}
},
"property_details": {
"address": "005 Diane Creek\nJohnsonhaven, SC 53885",
"property_type": "Office",
"lease_area_description": "Entire unit 21A in Building 3"
},
"lease_terms": {
"effective_date": "2023-10-14",
"commencement_date": "2023-12-14",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 29948.58,
"annual_escalation_rate_percent": 1.52,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.13%)",
"estimated_monthly_amount_usd": 4492.29
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.71%)",
"estimated_monthly_amount_usd": 2994.86
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 59897.16,
"late_payment_interest_rate_percent": 13.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson, Baxter and Jones Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson, Baxter and Jones Inc.",
"Roman 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-2023-8703
Status: Under Review
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gomez, Kirk and Marsh LLC, and the Tenant, Oconnor, Walker and Gomez. 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 2023-09-11.
The subject of this lease concerns the Entire unit 26 in Building 1 at the property located at 633 Gary Camp
Mercadoborough, MA 15058. This Mixed-Use facility consists of approximately 37429 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-14, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $48,844.85. This figure is scheduled for an annual increase based on a 2.76% escalation rate. A security deposit of $97,689.70 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Oconnor, Walker and Gomez 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 Gomez, Kirk and Marsh 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-2023-8703",
"parties": {
"lessor_details": {
"name": "Gomez, Kirk and Marsh LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Oconnor, Walker and Gomez",
"entity_type": "LLC",
"address": "0195 Karen Manors Apt. 079\nWest Brendahaven, TN 25919"
}
},
"property_details": {
"address": "633 Gary Camp\nMercadoborough, MA 15058",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 26 in Building 1",
"square_footage_sqft": 37429
},
"lease_terms": {
"effective_date": "2023-09-11",
"commencement_date": "2023-10-14",
"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": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 48844.85,
"annual_escalation_rate_percent": 2.76,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.13%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.90%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 97689.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Gomez, Kirk and Marsh LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Gomez, Kirk and Marsh LLC",
"Moore-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-2024-1138
Status: Under Review
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rodriguez Ltd Properties, and the Tenant, Golden-White. 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 unit 21A in Building 2 at the property located at 51238 Breanna Squares
Fischerberg, WY 15505. This Mixed-Use facility consists of approximately 2294 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 5 years. The Tenant's monthly obligation for base rent begins at $7,715.49. This figure is scheduled for an annual increase based on a 1.73% escalation rate. A security deposit of $15,430.98 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 9.8% 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 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-2024-1138",
"parties": {
"lessor_details": {
"name": "Rodriguez Ltd Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Golden-White",
"entity_type": "S-Corp",
"address": "3580 Rachael Islands Suite 277\nBenjaminmouth, PR 78463"
}
},
"property_details": {
"address": "51238 Breanna Squares\nFischerberg, WY 15505",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 21A in Building 2",
"square_footage_sqft": 2294
},
"lease_terms": {
"effective_date": "2024-03-15",
"commencement_date": "2024-04-25",
"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": "8 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": 7715.49,
"annual_escalation_rate_percent": 1.73,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.37%)",
"estimated_monthly_amount_usd": 1157.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.15%)",
"estimated_monthly_amount_usd": 771.55
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 15430.98,
"late_payment_interest_rate_percent": 9.8
},
"permitted_use": "Professional services 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-2024-6009
Status: Executed
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hernandez-Webb Ventures, and the Tenant, Beasley-Robinson. 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 2024-03-17.
The subject of this lease concerns the Entire floor 18 in Building 3 at the property located at 414 Mary Point Suite 292
Millermouth, TN 67064. This Industrial facility consists of approximately 40217 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-20, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $87,203.86. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $174,407.72 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Beasley-Robinson 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 Hernandez-Webb Ventures. 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-2024-6009",
"parties": {
"lessor_details": {
"name": "Hernandez-Webb Ventures",
"entity_type": "Limited Partnership",
"address": "46489 Hoffman Road Suite 161\nMarieshire, AZ 37740"
},
"lessee_details": {
"name": "Beasley-Robinson",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "414 Mary Point Suite 292\nMillermouth, TN 67064",
"property_type": "Industrial",
"lease_area_description": "Entire floor 18 in Building 3",
"square_footage_sqft": 40217
},
"lease_terms": {
"effective_date": "2024-03-17",
"commencement_date": "2024-03-20",
"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": 180
},
{
"option_number": 2,
"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": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 87203.86,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.06%)",
"estimated_monthly_amount_usd": 13080.58
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.88%)",
"estimated_monthly_amount_usd": 8720.39
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 174407.72
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Hernandez-Webb Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Hernandez-Webb Ventures",
"Smith Inc 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-2024-2298
Status: Draft
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cline Group Holdings, and the Tenant, Johnson-Murphy. 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 2024-02-26.
The subject of this lease concerns the Entire floor 12A in Building 3 at the property located at 33283 Jacobson Unions Apt. 498
Lake Brandonville, RI 21845. This Mixed-Use facility consists of approximately 39526 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-20, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $105,270.91. This figure is scheduled for an annual increase based on a 1.55% escalation rate. A security deposit of $210,541.82 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Johnson-Murphy 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 Group Holdings. Late payments of rent will accrue interest at a rate of 9.7% 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 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-2024-2298",
"parties": {
"lessor_details": {
"name": "Cline Group Holdings",
"entity_type": "Corporation",
"address": "Unit 2679 Box 7373\nDPO AE 81739"
},
"lessee_details": {
"name": "Johnson-Murphy",
"entity_type": "Corporation",
"address": "2274 Mccullough Walk Apt. 083\nAvilafurt, VA 90805"
}
},
"property_details": {
"address": "33283 Jacobson Unions Apt. 498\nLake Brandonville, RI 21845",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 12A in Building 3",
"square_footage_sqft": 39526
},
"lease_terms": {
"effective_date": "2024-02-26",
"commencement_date": "2024-03-20",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 105270.91,
"annual_escalation_rate_percent": 1.55,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.55%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.39%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 210541.82,
"late_payment_interest_rate_percent": 9.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Georgia",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cline Group Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cline Group Holdings",
"Murphy-Travis 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-2023-8136
Status: Amended
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Henson-Thomas Inc., and the Tenant, Clark, Wagner and Richard. 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 13A in Building 10 at the property located at 785 Scott Spur
Carolfurt, VI 32389. This Retail facility consists of approximately 30359 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-29, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $136,387.81. This figure is scheduled for an annual increase based on a 2.47% escalation rate. A security deposit of $272,775.62 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Clark, Wagner and Richard 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 Henson-Thomas Inc.. Late payments of rent will accrue interest at a rate of 12.8% 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 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-2023-8136",
"parties": {
"lessor_details": {
"name": "Henson-Thomas Inc.",
"entity_type": "Corporation",
"address": "7681 Debra Road\nSchmidttown, ID 72273"
},
"lessee_details": {
"name": "Clark, Wagner and Richard",
"entity_type": "S-Corp",
"address": "651 Bradley Extension\nNorth Shelbyview, OH 70731"
}
},
"property_details": {
"address": "785 Scott Spur\nCarolfurt, VI 32389",
"property_type": "Retail",
"lease_area_description": "Partial suite 13A in Building 10",
"square_footage_sqft": 30359
},
"lease_terms": {
"effective_date": "2023-11-01",
"commencement_date": "2023-11-29",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"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": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 136387.81,
"annual_escalation_rate_percent": 2.47,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.16%)",
"estimated_monthly_amount_usd": 20458.17
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.19%)",
"estimated_monthly_amount_usd": 13638.78
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 272775.62,
"late_payment_interest_rate_percent": 12.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Missouri",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Henson-Thomas Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Henson-Thomas Inc.",
"Peterson, Garner and 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-2024-6626
Status: Amended
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Stanley Ltd Inc., and the Tenant, Marsh-Randolph. 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 2024-02-02.
The subject of this lease concerns the Entire unit 22 in Building 6 at the property located at 050 Alexander Greens Suite 232
Patricktown, NH 53401. This Office facility consists of approximately 38953 rentable square feet and is designated for the purpose of Professional services 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 $133,024.49. This figure is scheduled for an annual increase based on a 2.78% escalation rate. A security deposit of $266,048.98 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, Marsh-Randolph 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 Stanley Ltd Inc.. Note the existence of a Co-tenancy Failure 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-2024-6626",
"parties": {
"lessor_details": {
"name": "Stanley Ltd Inc.",
"entity_type": "Limited Partnership",
"address": "766 Lane Union Apt. 224\nWest Aliciashire, IN 52625"
},
"lessee_details": {
"name": "Marsh-Randolph",
"entity_type": "LLC",
"address": "1053 Estrada Station\nPort Cesarport, IA 35351"
}
},
"property_details": {
"address": "050 Alexander Greens Suite 232\nPatricktown, NH 53401",
"property_type": "Office",
"lease_area_description": "Entire unit 22 in Building 6",
"square_footage_sqft": 38953
},
"lease_terms": {
"effective_date": "2024-02-02",
"commencement_date": "2024-04-22",
"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": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 133024.49,
"annual_escalation_rate_percent": 2.78,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.31%)",
"estimated_monthly_amount_usd": 19953.67
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.08%)",
"estimated_monthly_amount_usd": 13302.45
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 266048.98
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Stanley Ltd Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Stanley Ltd Inc.",
"Martin, Freeman and Jacobs 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-2024-6470
Status: Draft
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Sawyer-Gonzalez LLC, and the Tenant, Clark, Wilson and 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 2024-04-22.
The subject of this lease concerns the Entire floor 48B in Building 2 at the property located at 920 Hamilton Loop
Michaelberg, WI 55655. 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 2024-05-04, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $30,675.03. This figure is scheduled for an annual increase based on a 2.69% escalation rate. A security deposit of $30,675.03 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.
Per section 10.1, Clark, Wilson and Brown 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 Sawyer-Gonzalez 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-2024-6470",
"parties": {
"lessor_details": {
"name": "Sawyer-Gonzalez LLC",
"entity_type": "Corporation",
"address": "1194 Chelsea Ferry\nLaurenstad, RI 58133"
},
"lessee_details": {
"name": "Clark, Wilson and Brown",
"entity_type": "Corporation",
"address": "074 Higgins Forest Apt. 269\nJoneschester, SC 45747"
}
},
"property_details": {
"address": "920 Hamilton Loop\nMichaelberg, WI 55655",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 48B in Building 2"
},
"lease_terms": {
"effective_date": "2024-04-22",
"commencement_date": "2024-05-04",
"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": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 30675.03,
"annual_escalation_rate_percent": 2.69,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.72%)",
"estimated_monthly_amount_usd": 4601.25
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.97%)",
"estimated_monthly_amount_usd": 3067.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 30675.03
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Sawyer-Gonzalez LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Sawyer-Gonzalez LLC",
"Holland, Brady 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-2023-7454
Status: Draft
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cook-Garcia LLC, and the Tenant, Walton, Blair and Wolfe. 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 2023-10-19.
The subject of this lease concerns the Entire floor 50B in Building 9 at the property located at 4131 Nicholas Lane
North William, CT 43828. This Office 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 2023-12-22, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $116,171.74. This figure is scheduled for an annual increase based on a 2.98% escalation rate. A security deposit of $232,343.48 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Walton, Blair and Wolfe 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 Cook-Garcia LLC. 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 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-2023-7454",
"parties": {
"lessor_details": {
"name": "Cook-Garcia LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Walton, Blair and Wolfe",
"entity_type": "Corporation",
"address": "0802 Morton Road Suite 211\nPort Christopher, HI 39847"
}
},
"property_details": {
"address": "4131 Nicholas Lane\nNorth William, CT 43828",
"property_type": "Office",
"lease_area_description": "Entire floor 50B in Building 9"
},
"lease_terms": {
"effective_date": "2023-10-19",
"commencement_date": "2023-12-22",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"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": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 116171.74,
"annual_escalation_rate_percent": 2.98,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.50%)",
"estimated_monthly_amount_usd": 17425.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.49%)",
"estimated_monthly_amount_usd": 11617.17
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 232343.48,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Cook-Garcia LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cook-Garcia LLC",
"Brown-Aguilar 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-2024-2609
Status: Draft
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Barnes Inc Holdings, and the Tenant, Arnold 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 2024-04-17.
The subject of this lease concerns the Entire suite 36B in Building 3 at the property located at 847 Morris Coves Apt. 536
Lake Theodore, CO 72432. This Mixed-Use facility consists of approximately 22267 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-18, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $41,472.29. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $41,472.29 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Arnold 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 Barnes Inc 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 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-2024-2609",
"parties": {
"lessor_details": {
"name": "Barnes Inc Holdings",
"entity_type": "Limited Partnership",
"address": "874 Shaw Throughway\nDeleonchester, DE 94208"
},
"lessee_details": {
"name": "Arnold Inc",
"entity_type": "LLC",
"address": "5362 Shelton Track\nSouth Bianca, OH 51966"
}
},
"property_details": {
"address": "847 Morris Coves Apt. 536\nLake Theodore, CO 72432",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 36B in Building 3",
"square_footage_sqft": 22267
},
"lease_terms": {
"effective_date": "2024-04-17",
"commencement_date": "2024-04-18",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"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": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 41472.29,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.01%)",
"estimated_monthly_amount_usd": 6220.84
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.94%)",
"estimated_monthly_amount_usd": 4147.23
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 41472.29
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Barnes Inc Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Barnes Inc Holdings",
"Chapman 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-2024-4987
Status: Executed
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Larson, Griffin and Baker Inc., and the Tenant, Bennett, Garza and 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 2024-05-14.
The subject of this lease concerns the Entire suite 29 in Building 10 at the property located at 60418 David Forge
Patelmouth, MD 64871. This Mixed-Use facility consists of approximately 49801 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-19, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $188,828.79. This figure is scheduled for an annual increase based on a 2.16% escalation rate. A security deposit of $188,828.79 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 Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Bennett, Garza and Brown 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 Larson, Griffin and Baker Inc.. Late payments of rent will accrue interest at a rate of 11.5% 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 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-2024-4987",
"parties": {
"lessor_details": {
"name": "Larson, Griffin and Baker Inc.",
"entity_type": "LLC",
"address": "082 Susan Springs\nWest Christina, SD 65794"
},
"lessee_details": {
"name": "Bennett, Garza and Brown",
"entity_type": "Corporation",
"address": "740 Manuel Spurs\nNorth Michaelberg, IL 45815"
}
},
"property_details": {
"address": "60418 David Forge\nPatelmouth, MD 64871",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 29 in Building 10",
"square_footage_sqft": 49801
},
"lease_terms": {
"effective_date": "2024-05-14",
"commencement_date": "2024-05-19",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"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": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 188828.79,
"annual_escalation_rate_percent": 2.16,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.66%)",
"estimated_monthly_amount_usd": 28324.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.74%)",
"estimated_monthly_amount_usd": 18882.88
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 188828.79,
"late_payment_interest_rate_percent": 11.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "North Dakota",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Larson, Griffin and Baker Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Larson, Griffin and Baker Inc.",
"Robinson, Jackson and Mitchell 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-2024-6752
Status: Draft
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wilkerson, Hernandez and Anderson Properties, and the Tenant, Chen-Todd. 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 floor 24B in Building 3 at the property located at Unit 8790 Box 5581
DPO AA 81577. This Warehouse facility consists of approximately 22100 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-10, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $82,248.83. This figure is scheduled for an annual increase based on a 2.64% escalation rate. A security deposit of $164,497.66 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, Chen-Todd 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 Wilkerson, Hernandez and Anderson Properties. Late payments of rent will accrue interest at a rate of 15.2% 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-2024-6752",
"parties": {
"lessor_details": {
"name": "Wilkerson, Hernandez and Anderson Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Chen-Todd",
"entity_type": "S-Corp",
"address": "36638 Brian Ridges Apt. 077\nWest Zacharyberg, NH 31825"
}
},
"property_details": {
"address": "Unit 8790 Box 5581\nDPO AA 81577",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 24B in Building 3",
"square_footage_sqft": 22100
},
"lease_terms": {
"effective_date": "2024-08-01",
"commencement_date": "2024-08-10",
"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": 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": 82248.83,
"annual_escalation_rate_percent": 2.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.61%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.63%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 164497.66,
"late_payment_interest_rate_percent": 15.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Wilkerson, Hernandez and Anderson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wilkerson, Hernandez and Anderson Properties",
"Oliver 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-2023-4260
Status: Under Review
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Haas and Sons Ventures, and the Tenant, White, Yang and Roberson. 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 2023-11-13.
The subject of this lease concerns the Entire suite 20A in Building 10 at the property located at 60228 Martin Island
Lake Kathy, WV 27266. This Warehouse facility consists of approximately 17671 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $88,355.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $176,710.00 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.
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-2023-4260",
"parties": {
"lessor_details": {
"name": "Haas and Sons Ventures",
"entity_type": "Limited Partnership",
"address": "5311 Brianna Mount Suite 665\nCookchester, AL 02035"
},
"lessee_details": {
"name": "White, Yang and Roberson",
"entity_type": "LLC",
"address": "813 Nancy Villages Apt. 791\nKleinton, OR 38067"
}
},
"property_details": {
"address": "60228 Martin Island\nLake Kathy, WV 27266",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 20A in Building 10",
"square_footage_sqft": 17671
},
"lease_terms": {
"effective_date": "2023-11-13",
"commencement_date": "2023-11-24",
"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": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 88355.0,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.43%)",
"estimated_monthly_amount_usd": 13253.25
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.72%)",
"estimated_monthly_amount_usd": 8835.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 176710.0,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Light manufacturing and assembly 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-2023-4338
Status: Executed
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ho, Johnson and Armstrong Properties, and the Tenant, Day 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 2023-11-12.
The subject of this lease concerns the Entire suite 43B in Building 3 at the property located at 5629 Julia Mission
Port Shannon, MA 79165. 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 2023-12-22, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $89,709.47. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $89,709.47 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 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 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-2023-4338",
"parties": {
"lessor_details": {
"name": "Ho, Johnson and Armstrong Properties",
"entity_type": "LLC",
"address": "0241 Eileen Walks Suite 843\nNorth Barbarabury, NY 65878"
},
"lessee_details": {
"name": "Day and Sons",
"entity_type": "Corporation",
"address": "004 Clark Alley Suite 835\nFosterfurt, IL 54839"
}
},
"property_details": {
"address": "5629 Julia Mission\nPort Shannon, MA 79165",
"property_type": "Retail",
"lease_area_description": "Entire suite 43B in Building 3"
},
"lease_terms": {
"effective_date": "2023-11-12",
"commencement_date": "2023-12-22",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"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": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 89709.47,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.91%)",
"estimated_monthly_amount_usd": 13456.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.98%)",
"estimated_monthly_amount_usd": 8970.95
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 89709.47
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Indiana",
"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-2024-2936
Status: Under Review
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bradshaw and Sons Holdings, and the Tenant, Cortez-Adkins. 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 2024-07-13.
The subject of this lease concerns the Entire floor 50B in Building 3 at the property located at 01223 Sanchez Rapid Suite 452
Port Johnfurt, MA 46396. This Office facility consists of approximately 27508 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-28, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $71,543.72. This figure is scheduled for an annual increase based on a 1.97% escalation rate. A security deposit of $143,087.44 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Cortez-Adkins 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 Bradshaw and Sons Holdings.
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-2024-2936",
"parties": {
"lessor_details": {
"name": "Bradshaw and Sons Holdings",
"entity_type": "Limited Partnership",
"address": "PSC 5418, Box 0750\nAPO AA 45287"
},
"lessee_details": {
"name": "Cortez-Adkins",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "01223 Sanchez Rapid Suite 452\nPort Johnfurt, MA 46396",
"property_type": "Office",
"lease_area_description": "Entire floor 50B in Building 3",
"square_footage_sqft": 27508
},
"lease_terms": {
"effective_date": "2024-07-13",
"commencement_date": "2024-09-28",
"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": 90
},
{
"option_number": 2,
"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": 71543.72,
"annual_escalation_rate_percent": 1.97,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.49%)",
"estimated_monthly_amount_usd": 10731.56
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.72%)",
"estimated_monthly_amount_usd": 7154.37
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 143087.44
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Bradshaw and Sons Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Bradshaw and Sons Holdings",
"Rivera 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-2023-4423
Status: Draft
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Pearson LLC Ventures, and the Tenant, Hinton-Dennis. 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 2023-08-27.
The subject of this lease concerns the Partial unit 11B in Building 9 at the property located at USNS Rios
FPO AP 64825. 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 2023-08-30, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $124,383.52. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $248,767.04 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, Hinton-Dennis 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 Pearson LLC Ventures. Late payments of rent will accrue interest at a rate of 9.0% 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 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-2023-4423",
"parties": {
"lessor_details": {
"name": "Pearson LLC Ventures",
"entity_type": "Limited Partnership",
"address": "26757 Johnson Fields\nLewisfurt, WV 23696"
},
"lessee_details": {
"name": "Hinton-Dennis",
"entity_type": "LLC"
}
},
"property_details": {
"address": "USNS Rios\nFPO AP 64825",
"property_type": "Retail",
"lease_area_description": "Partial unit 11B in Building 9"
},
"lease_terms": {
"effective_date": "2023-08-27",
"commencement_date": "2023-08-30",
"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
},
{
"option_number": 2,
"duration_months": 60,
"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": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"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": 124383.52,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.23%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.10%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 248767.04,
"late_payment_interest_rate_percent": 9.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Pearson LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Pearson LLC Ventures",
"Hamilton, Alvarez and Cohen 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-2024-9304
Status: Amended
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Dickson-Johnson Holdings, and the Tenant, Castillo, Brooks and Smith. 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 2024-06-04.
The subject of this lease concerns the Partial unit 49A in Building 7 at the property located at 44524 Gregory Plaza Suite 722
Lake Aaronton, AZ 51887. This Office facility consists of approximately 24047 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $95,466.59. This figure is scheduled for an annual increase based on a 1.74% escalation rate. A security deposit of $95,466.59 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 Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Castillo, Brooks and Smith 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 Dickson-Johnson Holdings. Late payments of rent will accrue interest at a rate of 5.6% 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 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-2024-9304",
"parties": {
"lessor_details": {
"name": "Dickson-Johnson Holdings",
"entity_type": "LLC",
"address": "988 Smith Groves\nRomeroland, WV 76684"
},
"lessee_details": {
"name": "Castillo, Brooks and Smith",
"entity_type": "LLC",
"address": "12879 Joshua Expressway\nNorth Elizabethburgh, IN 32805"
}
},
"property_details": {
"address": "44524 Gregory Plaza Suite 722\nLake Aaronton, AZ 51887",
"property_type": "Office",
"lease_area_description": "Partial unit 49A in Building 7",
"square_footage_sqft": 24047
},
"lease_terms": {
"effective_date": "2024-06-04",
"commencement_date": "2024-08-03",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"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": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 95466.59,
"annual_escalation_rate_percent": 1.74,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.35%)",
"estimated_monthly_amount_usd": 14319.99
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 9546.66
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 95466.59,
"late_payment_interest_rate_percent": 5.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Dickson-Johnson Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Dickson-Johnson Holdings",
"Lynch-Stephens 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-2024-2342
Status: Draft
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jennings Group Holdings, and the Tenant, Clark 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 2024-02-07.
The subject of this lease concerns the Entire suite 20A in Building 4 at the property located at USNS Miller
FPO AA 52217. This Mixed-Use facility consists of approximately 42312 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-17, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $146,893.16. This figure is scheduled for an annual increase based on a 1.64% escalation rate. A security deposit of $293,786.32 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 is permitted subject to standard conditions.
Per section 10.1, Clark 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 Jennings Group Holdings. Note the existence of a Tenant Early Termination Option 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-2024-2342",
"parties": {
"lessor_details": {
"name": "Jennings Group Holdings",
"entity_type": "LLC",
"address": "8443 Williams Bridge\nWest Christopher, GA 12998"
},
"lessee_details": {
"name": "Clark Inc",
"entity_type": "LLC",
"address": "0403 John Points Suite 706\nAmberhaven, CO 75757"
}
},
"property_details": {
"address": "USNS Miller\nFPO AA 52217",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 20A in Building 4",
"square_footage_sqft": 42312
},
"lease_terms": {
"effective_date": "2024-02-07",
"commencement_date": "2024-03-17",
"initial_term_months": 84,
"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
},
{
"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": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "10 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": 146893.16,
"annual_escalation_rate_percent": 1.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.11%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.21%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 293786.32
},
"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": [
"Jennings Group Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Jennings Group Holdings",
"Harris, Daniel and Campbell 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-2024-7017
Status: Executed
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith, Jones and Love Inc., and the Tenant, Reynolds, Gates and 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 2024-01-23.
The subject of this lease concerns the Partial suite 37B in Building 8 at the property located at 7892 Miller Run Apt. 147
Paulaland, MO 84709. This Industrial facility consists of approximately 37263 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-15, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $51,516.10. This figure is scheduled for an annual increase based on a 1.83% escalation rate. A security deposit of $51,516.10 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 is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 11.5% 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-2024-7017",
"parties": {
"lessor_details": {
"name": "Smith, Jones and Love Inc.",
"entity_type": "LLC",
"address": "84245 Alexis Estate Apt. 766\nNorth Dennisfurt, RI 02945"
},
"lessee_details": {
"name": "Reynolds, Gates and Wright",
"entity_type": "LLC",
"address": "00549 Martinez Way\nNorth Seanburgh, MI 27953"
}
},
"property_details": {
"address": "7892 Miller Run Apt. 147\nPaulaland, MO 84709",
"property_type": "Industrial",
"lease_area_description": "Partial suite 37B in Building 8",
"square_footage_sqft": 37263
},
"lease_terms": {
"effective_date": "2024-01-23",
"commencement_date": "2024-02-15",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"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": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 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": 51516.1,
"annual_escalation_rate_percent": 1.83,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.99%)",
"estimated_monthly_amount_usd": 7727.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.26%)",
"estimated_monthly_amount_usd": 5151.61
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 51516.1,
"late_payment_interest_rate_percent": 11.5
},
"permitted_use": "Light manufacturing and assembly 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-2023-7584
Status: Under Review
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Snyder-Rosario Inc., and the Tenant, Wade 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 2023-11-17.
The subject of this lease concerns the Partial unit 19 in Building 1 at the property located at 20876 James Center
New Mary, GU 76257. This Warehouse facility consists of approximately 12524 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-13, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $34,785.41. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $69,570.82 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, Wade Ltd 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 Snyder-Rosario 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-2023-7584",
"parties": {
"lessor_details": {
"name": "Snyder-Rosario Inc.",
"entity_type": "Limited Partnership",
"address": "93587 Brenda Prairie\nWest Steven, VI 46108"
},
"lessee_details": {
"name": "Wade Ltd",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "20876 James Center\nNew Mary, GU 76257",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 19 in Building 1",
"square_footage_sqft": 12524
},
"lease_terms": {
"effective_date": "2023-11-17",
"commencement_date": "2023-12-13",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"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": 34785.41,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.68%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.52%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 69570.82
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Snyder-Rosario Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Snyder-Rosario Inc.",
"Baker, Barber and Barnes 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-2024-7194
Status: Executed
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lopez PLC Ventures, and the Tenant, Schaefer 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 2024-03-29.
The subject of this lease concerns the Entire suite 46 in Building 6 at the property located at 7490 Roach Squares
North Kylemouth, MN 21978. This Warehouse facility consists of approximately 2686 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 $5,620.45. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $5,620.45 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.
Late payments of rent will accrue interest at a rate of 12.5% 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 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-2024-7194",
"parties": {
"lessor_details": {
"name": "Lopez PLC Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Schaefer Ltd",
"entity_type": "LLC",
"address": "996 Phillip Rest\nJenkinsfurt, OR 62190"
}
},
"property_details": {
"address": "7490 Roach Squares\nNorth Kylemouth, MN 21978",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 46 in Building 6",
"square_footage_sqft": 2686
},
"lease_terms": {
"effective_date": "2024-03-29",
"commencement_date": "2024-04-08",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 5620.45,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.71%)",
"estimated_monthly_amount_usd": 843.07
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.25%)",
"estimated_monthly_amount_usd": 562.04
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 5620.45,
"late_payment_interest_rate_percent": 12.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Michigan",
"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-2024-5233
Status: Draft
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fleming-Lee Holdings, and the Tenant, Bullock-Arellano. 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 2024-03-18.
The subject of this lease concerns the Entire floor 7 in Building 9 at the property located at 318 Jackson Village Apt. 902
Walterchester, RI 87923. 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 2024-04-19, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $162,302.70. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $162,302.70 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 is permitted subject to standard conditions.
Per section 10.1, Bullock-Arellano 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 Fleming-Lee Holdings. Late payments of rent will accrue interest at a rate of 7.3% 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 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-2024-5233",
"parties": {
"lessor_details": {
"name": "Fleming-Lee Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Bullock-Arellano",
"entity_type": "LLC"
}
},
"property_details": {
"address": "318 Jackson Village Apt. 902\nWalterchester, RI 87923",
"property_type": "Retail",
"lease_area_description": "Entire floor 7 in Building 9"
},
"lease_terms": {
"effective_date": "2024-03-18",
"commencement_date": "2024-04-19",
"initial_term_months": 84,
"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
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 162302.7,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.03%)",
"estimated_monthly_amount_usd": 24345.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.04%)",
"estimated_monthly_amount_usd": 16230.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 162302.7,
"late_payment_interest_rate_percent": 7.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Fleming-Lee Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fleming-Lee Holdings",
"Wright 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-2024-4844
Status: Draft
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Drake, Benson and Graham Ventures, and the Tenant, Petersen-Shaw. 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 2024-03-22.
The subject of this lease concerns the Partial unit 42 in Building 1 at the property located at 1323 Orr Tunnel
Robinsonmouth, RI 50259. 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 2024-05-24, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $75,521.63. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $151,043.26 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, Petersen-Shaw 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 Drake, Benson and Graham Ventures. 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 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-2024-4844",
"parties": {
"lessor_details": {
"name": "Drake, Benson and Graham Ventures",
"entity_type": "Limited Partnership",
"address": "6250 Nancy Squares Suite 682\nSouth Dorisview, PR 11545"
},
"lessee_details": {
"name": "Petersen-Shaw",
"entity_type": "Corporation",
"address": "891 Hudson Village\nAguirrebury, RI 03238"
}
},
"property_details": {
"address": "1323 Orr Tunnel\nRobinsonmouth, RI 50259",
"property_type": "Industrial",
"lease_area_description": "Partial unit 42 in Building 1"
},
"lease_terms": {
"effective_date": "2024-03-22",
"commencement_date": "2024-05-24",
"initial_term_months": 36,
"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": "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": 75521.63,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.48%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.08%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 151043.26,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Drake, Benson and Graham Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Drake, Benson and Graham Ventures",
"Mercer, Decker and Bell 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-2023-4932
Status: Executed
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Carlson Group Properties, and the Tenant, Martinez 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 2023-09-07.
The subject of this lease concerns the Partial floor 40 in Building 5 at the property located at 830 Rebecca Ville
South Rebeccafurt, NM 02728. This Retail facility consists of approximately 8291 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-09, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $26,448.29. This figure is scheduled for an annual increase based on a 2.61% escalation rate. A security deposit of $52,896.58 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.
Per section 10.1, Martinez Inc 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 Carlson Group Properties. 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 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-2023-4932",
"parties": {
"lessor_details": {
"name": "Carlson Group Properties",
"entity_type": "Corporation",
"address": "188 Russell Place\nHaroldtown, LA 96138"
},
"lessee_details": {
"name": "Martinez Inc",
"entity_type": "Corporation",
"address": "145 Macias Row Apt. 913\nSouth Amanda, TN 36298"
}
},
"property_details": {
"address": "830 Rebecca Ville\nSouth Rebeccafurt, NM 02728",
"property_type": "Retail",
"lease_area_description": "Partial floor 40 in Building 5",
"square_footage_sqft": 8291
},
"lease_terms": {
"effective_date": "2023-09-07",
"commencement_date": "2023-09-09",
"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
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 26448.29,
"annual_escalation_rate_percent": 2.61,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.55%)",
"estimated_monthly_amount_usd": 3967.24
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.81%)",
"estimated_monthly_amount_usd": 2644.83
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 52896.58,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Professional services 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": [
"Carlson Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Carlson Group Properties",
"Gray, Roberts and Francis 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-2024-3332
Status: Under Review
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Nunez, Floyd and Rojas Holdings, and the Tenant, Espinoza, Cordova and Meadows. 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 2024-06-10.
The subject of this lease concerns the Entire floor 7B in Building 10 at the property located at 875 Castillo Stravenue
North Davidland, NJ 16978. This Warehouse facility consists of approximately 49513 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-25, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $240,385.61. This figure is scheduled for an annual increase based on a 2.93% escalation rate. A security deposit of $240,385.61 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 Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Espinoza, Cordova and Meadows 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 Nunez, Floyd and Rojas Holdings.
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-2024-3332",
"parties": {
"lessor_details": {
"name": "Nunez, Floyd and Rojas Holdings",
"entity_type": "Limited Partnership",
"address": "35358 Kayla Plaza\nKevinmouth, LA 13767"
},
"lessee_details": {
"name": "Espinoza, Cordova and Meadows",
"entity_type": "S-Corp",
"address": "867 David Turnpike Suite 654\nStantonstad, RI 39949"
}
},
"property_details": {
"address": "875 Castillo Stravenue\nNorth Davidland, NJ 16978",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 7B in Building 10",
"square_footage_sqft": 49513
},
"lease_terms": {
"effective_date": "2024-06-10",
"commencement_date": "2024-08-25",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
},
{
"option_number": 2,
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 240385.61,
"annual_escalation_rate_percent": 2.93,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.09%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 240385.61
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Nunez, Floyd and Rojas Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Nunez, Floyd and Rojas Holdings",
"Stuart, Robinson and Peck 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-2024-9192
Status: Amended
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Copeland, Smith and Murphy LLC, and the Tenant, Gonzales, Simpson and Cooper. 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 36 in Building 9 at the property located at PSC 0348, Box 6644
APO AE 42011. This Office facility consists of approximately 45671 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 3 years. The Tenant's monthly obligation for base rent begins at $131,570.54. This figure is scheduled for an annual increase based on a 2.4% escalation rate. A security deposit of $131,570.54 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, Gonzales, Simpson and Cooper 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 Copeland, Smith and Murphy 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-2024-9192",
"parties": {
"lessor_details": {
"name": "Copeland, Smith and Murphy LLC",
"entity_type": "Limited Partnership",
"address": "236 Martinez Prairie\nNew Stevenburgh, MH 26245"
},
"lessee_details": {
"name": "Gonzales, Simpson and Cooper",
"entity_type": "S-Corp",
"address": "2961 Theodore Burg Suite 488\nLake Brent, LA 40089"
}
},
"property_details": {
"address": "PSC 0348, Box 6644\nAPO AE 42011",
"property_type": "Office",
"lease_area_description": "Partial floor 36 in Building 9",
"square_footage_sqft": 45671
},
"lease_terms": {
"effective_date": "2024-01-11",
"commencement_date": "2024-04-02",
"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": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 131570.54,
"annual_escalation_rate_percent": 2.4,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.27%)",
"estimated_monthly_amount_usd": 19735.58
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.68%)",
"estimated_monthly_amount_usd": 13157.05
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 131570.54
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Copeland, Smith and Murphy LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Copeland, Smith and Murphy LLC",
"Franklin Inc 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-2023-7966
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Thomas, Barnes and Carter Ventures, and the Tenant, Reed, Harvey and 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 2023-12-22.
The subject of this lease concerns the Partial suite 5 in Building 7 at the property located at 1066 Ward Meadow Suite 488
Benderside, AR 87864. This Industrial facility consists of approximately 37068 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-18, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $177,555.72. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $355,111.44 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Reed, Harvey and Long 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 Thomas, Barnes and Carter Ventures. Late payments of rent will accrue interest at a rate of 11.8% 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 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-2023-7966",
"parties": {
"lessor_details": {
"name": "Thomas, Barnes and Carter Ventures",
"entity_type": "Limited Partnership",
"address": "PSC 5758, Box 1103\nAPO AA 21003"
},
"lessee_details": {
"name": "Reed, Harvey and Long",
"entity_type": "Corporation",
"address": "8745 Gina Street Apt. 600\nEast Mary, IN 22357"
}
},
"property_details": {
"address": "1066 Ward Meadow Suite 488\nBenderside, AR 87864",
"property_type": "Industrial",
"lease_area_description": "Partial suite 5 in Building 7",
"square_footage_sqft": 37068
},
"lease_terms": {
"effective_date": "2023-12-22",
"commencement_date": "2024-02-18",
"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": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 177555.72,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.95%)",
"estimated_monthly_amount_usd": 26633.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.51%)",
"estimated_monthly_amount_usd": 17755.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 355111.44,
"late_payment_interest_rate_percent": 11.8
},
"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": 2000000,
"named_insureds_required": [
"Thomas, Barnes and Carter Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Thomas, Barnes and Carter Ventures",
"Wilson 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-2024-5736
Status: Executed
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Nielsen-Cameron Inc., and the Tenant, Williams-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 2024-06-15.
The subject of this lease concerns the Entire unit 13 in Building 8 at the property located at 34639 Burke Harbors
New Andreashire, CO 31962. This Office facility consists of approximately 45339 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-20, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $199,718.30. This figure is scheduled for an annual increase based on a 3.75% escalation rate. A security deposit of $399,436.60 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 requires Landlord's explicit consent.
Per section 10.1, Williams-Nguyen 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 Nielsen-Cameron Inc.. Late payments of rent will accrue interest at a rate of 9.5% 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 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-2024-5736",
"parties": {
"lessor_details": {
"name": "Nielsen-Cameron Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Williams-Nguyen",
"entity_type": "LLC",
"address": "2789 Emily Shoal\nOlsonville, VT 16886"
}
},
"property_details": {
"address": "34639 Burke Harbors\nNew Andreashire, CO 31962",
"property_type": "Office",
"lease_area_description": "Entire unit 13 in Building 8",
"square_footage_sqft": 45339
},
"lease_terms": {
"effective_date": "2024-06-15",
"commencement_date": "2024-06-20",
"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": 90
}
],
"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": 199718.3,
"annual_escalation_rate_percent": 3.75,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.14%)",
"estimated_monthly_amount_usd": 29957.74
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.50%)",
"estimated_monthly_amount_usd": 19971.83
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 399436.6,
"late_payment_interest_rate_percent": 9.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Nielsen-Cameron Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Nielsen-Cameron Inc.",
"Reed 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-2023-5407
Status: Amended
Governing Jurisdiction: Maryland
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown Inc Properties, and the Tenant, Rowland, Campbell and Shepard. 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 Partial floor 33 in Building 1 at the property located at 6893 Wendy Forge
Dudleyside, CT 34552. This Retail facility consists of approximately 5890 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-12, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $20,703.35. This figure is scheduled for an annual increase based on a 3.2% escalation rate. A security deposit of $41,406.70 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, Rowland, Campbell and Shepard 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 Inc Properties. 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-2023-5407",
"parties": {
"lessor_details": {
"name": "Brown Inc Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Rowland, Campbell and Shepard",
"entity_type": "Corporation",
"address": "075 Gibson Heights\nWest Amyborough, SC 99534"
}
},
"property_details": {
"address": "6893 Wendy Forge\nDudleyside, CT 34552",
"property_type": "Retail",
"lease_area_description": "Partial floor 33 in Building 1",
"square_footage_sqft": 5890
},
"lease_terms": {
"effective_date": "2023-10-25",
"commencement_date": "2024-01-12",
"initial_term_months": 60,
"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,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"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": 20703.35,
"annual_escalation_rate_percent": 3.2,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.03%)",
"estimated_monthly_amount_usd": 3105.5
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.33%)",
"estimated_monthly_amount_usd": 2070.34
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 41406.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Maryland",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Brown Inc Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Brown Inc Properties",
"Morgan-Ramirez 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-2023-1278
Status: Draft
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Franklin, Anderson and Jordan Inc., and the Tenant, Norton, Ray and Salinas. 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 2023-12-07.
The subject of this lease concerns the Partial unit 12A in Building 10 at the property located at 489 Catherine Fork Suite 860
North Jill, AK 40391. 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 2023-12-21, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $105,477.07. This figure is scheduled for an annual increase based on a 3.46% escalation rate. A security deposit of $210,954.14 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 requires Landlord's explicit consent.
Per section 10.1, Norton, Ray and Salinas 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 Franklin, Anderson and Jordan Inc.. Late payments of rent will accrue interest at a rate of 9.2% 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-2023-1278",
"parties": {
"lessor_details": {
"name": "Franklin, Anderson and Jordan Inc.",
"entity_type": "Corporation",
"address": "96003 Logan Square Suite 315\nPort Juanfurt, CA 88608"
},
"lessee_details": {
"name": "Norton, Ray and Salinas",
"entity_type": "LLC",
"address": "42545 Everett Prairie Apt. 629\nEast Amber, OK 09577"
}
},
"property_details": {
"address": "489 Catherine Fork Suite 860\nNorth Jill, AK 40391",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 12A in Building 10"
},
"lease_terms": {
"effective_date": "2023-12-07",
"commencement_date": "2023-12-21",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 105477.07,
"annual_escalation_rate_percent": 3.46,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.75%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.64%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 210954.14,
"late_payment_interest_rate_percent": 9.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Franklin, Anderson and Jordan Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Franklin, Anderson and Jordan Inc.",
"Wilkinson-Watson 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-2024-7241
Status: Under Review
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith, Jefferson and Collins Ventures, and the Tenant, King 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 2024-07-23.
The subject of this lease concerns the Entire floor 41 in Building 9 at the property located at 3392 Peterson Stream Suite 803
North Nancy, PW 75091. This Industrial facility consists of approximately 12929 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-01, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $41,383.57. This figure is scheduled for an annual increase based on a 3.93% escalation rate. A security deposit of $41,383.57 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 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 7.4% 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 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-2024-7241",
"parties": {
"lessor_details": {
"name": "Smith, Jefferson and Collins Ventures",
"entity_type": "Limited Partnership",
"address": "8258 Roberts Stream Apt. 148\nNew Daniel, WV 89202"
},
"lessee_details": {
"name": "King LLC",
"entity_type": "S-Corp",
"address": "USNV Martin\nFPO AP 84503"
}
},
"property_details": {
"address": "3392 Peterson Stream Suite 803\nNorth Nancy, PW 75091",
"property_type": "Industrial",
"lease_area_description": "Entire floor 41 in Building 9",
"square_footage_sqft": 12929
},
"lease_terms": {
"effective_date": "2024-07-23",
"commencement_date": "2024-08-01",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 41383.57,
"annual_escalation_rate_percent": 3.93,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.13%)",
"estimated_monthly_amount_usd": 6207.54
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.26%)",
"estimated_monthly_amount_usd": 4138.36
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 41383.57,
"late_payment_interest_rate_percent": 7.4
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"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-2024-6196
Status: Amended
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brooks, Taylor and Bell Inc., and the Tenant, Davis 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 2024-02-20.
The subject of this lease concerns the Entire suite 20 in Building 2 at the property located at 46686 Courtney Orchard Apt. 905
Gilberttown, MO 55633. This Retail 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 2024-05-01, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $24,454.78. This figure is scheduled for an annual increase based on a 3.43% escalation rate. A security deposit of $48,909.56 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.
Per section 10.1, Davis Inc 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 Brooks, Taylor and Bell 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-2024-6196",
"parties": {
"lessor_details": {
"name": "Brooks, Taylor and Bell Inc.",
"entity_type": "Limited Partnership",
"address": "USS Myers\nFPO AA 09506"
},
"lessee_details": {
"name": "Davis Inc",
"entity_type": "LLC",
"address": "3989 Carrillo Valleys\nDeanborough, MS 52985"
}
},
"property_details": {
"address": "46686 Courtney Orchard Apt. 905\nGilberttown, MO 55633",
"property_type": "Retail",
"lease_area_description": "Entire suite 20 in Building 2"
},
"lease_terms": {
"effective_date": "2024-02-20",
"commencement_date": "2024-05-01",
"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": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 24454.78,
"annual_escalation_rate_percent": 3.43,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.98%)",
"estimated_monthly_amount_usd": 3668.22
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.23%)",
"estimated_monthly_amount_usd": 2445.48
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 48909.56
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Brooks, Taylor and Bell Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Brooks, Taylor and Bell Inc.",
"Bell, Holt and Page 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-2023-9457
Status: Under Review
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rich, Gordon and Holloway Properties, and the Tenant, Hubbard-Mcmahon. 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 Entire unit 11B in Building 6 at the property located at 3215 Holt Glens Suite 066
South Danielland, AL 96193. 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 2023-10-04, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $30,443.72. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $30,443.72 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 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 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-2023-9457",
"parties": {
"lessor_details": {
"name": "Rich, Gordon and Holloway Properties",
"entity_type": "LLC",
"address": "Unit 4476 Box 9595\nDPO AA 25407"
},
"lessee_details": {
"name": "Hubbard-Mcmahon",
"entity_type": "LLC"
}
},
"property_details": {
"address": "3215 Holt Glens Suite 066\nSouth Danielland, AL 96193",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 11B in Building 6"
},
"lease_terms": {
"effective_date": "2023-08-14",
"commencement_date": "2023-10-04",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"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": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 30443.72,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.15%)",
"estimated_monthly_amount_usd": 4566.56
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.30%)",
"estimated_monthly_amount_usd": 3044.37
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 30443.72
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Vermont",
"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-2024-8196
Status: Under Review
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hardy-Carter Inc., and the Tenant, Mitchell-Olsen. 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 2024-07-26.
The subject of this lease concerns the Partial floor 37 in Building 10 at the property located at 76723 Nicole Oval Suite 153
Ramosbury, VI 13058. This Industrial 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 2024-08-14, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $79,945.10. This figure is scheduled for an annual increase based on a 2.95% escalation rate. A security deposit of $79,945.10 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 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-2024-8196",
"parties": {
"lessor_details": {
"name": "Hardy-Carter Inc.",
"entity_type": "Corporation",
"address": "855 Rachel Route Suite 295\nJoshuaburgh, WV 36472"
},
"lessee_details": {
"name": "Mitchell-Olsen",
"entity_type": "LLC",
"address": "57846 James Stream\nEast Matthew, GU 71044"
}
},
"property_details": {
"address": "76723 Nicole Oval Suite 153\nRamosbury, VI 13058",
"property_type": "Industrial",
"lease_area_description": "Partial floor 37 in Building 10"
},
"lease_terms": {
"effective_date": "2024-07-26",
"commencement_date": "2024-08-14",
"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
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"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": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 79945.1,
"annual_escalation_rate_percent": 2.95,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.17%)",
"estimated_monthly_amount_usd": 11991.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.23%)",
"estimated_monthly_amount_usd": 7994.51
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 79945.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Michigan",
"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-2023-2956
Status: Amended
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fuentes-Terrell Properties, and the Tenant, Elliott, Stevens and Ortiz. 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 Partial unit 22A in Building 1 at the property located at 25855 Jason Islands Apt. 382
Knightfort, ME 00555. This Mixed-Use facility consists of approximately 21579 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-27, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $39,435.62. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $39,435.62 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 Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Elliott, Stevens and Ortiz 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 Fuentes-Terrell Properties. Late payments of rent will accrue interest at a rate of 16.9% 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 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-2023-2956",
"parties": {
"lessor_details": {
"name": "Fuentes-Terrell Properties",
"entity_type": "LLC",
"address": "PSC 3899, Box 4862\nAPO AP 84984"
},
"lessee_details": {
"name": "Elliott, Stevens and Ortiz",
"entity_type": "LLC",
"address": "1002 Buckley View\nFisherside, FL 79617"
}
},
"property_details": {
"address": "25855 Jason Islands Apt. 382\nKnightfort, ME 00555",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 22A in Building 1",
"square_footage_sqft": 21579
},
"lease_terms": {
"effective_date": "2023-11-22",
"commencement_date": "2023-11-27",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 39435.62,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.41%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.23%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 39435.62,
"late_payment_interest_rate_percent": 16.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Fuentes-Terrell Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fuentes-Terrell Properties",
"Kane 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-2024-5983
Status: Under Review
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jacobs-Jones Properties, and the Tenant, Herrera, Green and Spencer. 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 2024-08-09.
The subject of this lease concerns the Partial suite 3B in Building 6 at the property located at 996 Cohen Mountain Apt. 840
South Diana, MA 24992. This Mixed-Use facility consists of approximately 27699 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-11-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $84,735.86. This figure is scheduled for an annual increase based on a 3.03% escalation rate. A security deposit of $169,471.72 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 is permitted subject to standard conditions.
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-2024-5983",
"parties": {
"lessor_details": {
"name": "Jacobs-Jones Properties",
"entity_type": "LLC",
"address": "830 Penny Drives\nPort Ricardotown, NV 12577"
},
"lessee_details": {
"name": "Herrera, Green and Spencer",
"entity_type": "LLC",
"address": "652 Mcpherson Fort Suite 153\nDavisfurt, PR 70055"
}
},
"property_details": {
"address": "996 Cohen Mountain Apt. 840\nSouth Diana, MA 24992",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 3B in Building 6",
"square_footage_sqft": 27699
},
"lease_terms": {
"effective_date": "2024-08-09",
"commencement_date": "2024-11-02",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"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": 84735.86,
"annual_escalation_rate_percent": 3.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.53%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.42%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 169471.72,
"late_payment_interest_rate_percent": 10.8
},
"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-2024-9902
Status: Amended
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Love PLC Ventures, and the Tenant, Hernandez 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 2024-06-05.
The subject of this lease concerns the Entire floor 42B in Building 10 at the property located at USCGC Nichols
FPO AE 08199. 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 2024-08-01, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $30,279.34. This figure is scheduled for an annual increase based on a 3.09% escalation rate. A security deposit of $30,279.34 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 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 16.1% 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-2024-9902",
"parties": {
"lessor_details": {
"name": "Love PLC Ventures",
"entity_type": "LLC",
"address": "089 Jessica Overpass\nMarksfurt, VT 17248"
},
"lessee_details": {
"name": "Hernandez and Sons",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "USCGC Nichols\nFPO AE 08199",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 42B in Building 10"
},
"lease_terms": {
"effective_date": "2024-06-05",
"commencement_date": "2024-08-01",
"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": 30279.34,
"annual_escalation_rate_percent": 3.09,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.05%)",
"estimated_monthly_amount_usd": 4541.9
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.80%)",
"estimated_monthly_amount_usd": 3027.93
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 30279.34,
"late_payment_interest_rate_percent": 16.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "California",
"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-2023-6651
Status: Executed
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Clark-Scott Inc., and the Tenant, Adams-Rangel. 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 2023-09-07.
The subject of this lease concerns the Partial suite 36 in Building 9 at the property located at 24082 Moore Mission Suite 226
Samanthafurt, LA 04484. 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 2023-09-29, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $3,570.37. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $3,570.37 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, Adams-Rangel 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 Clark-Scott Inc.. Note the existence of a Tenant Early Termination Option 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-2023-6651",
"parties": {
"lessor_details": {
"name": "Clark-Scott Inc.",
"entity_type": "Corporation",
"address": "050 Trevino Forks Apt. 148\nGwendolynfurt, TN 77642"
},
"lessee_details": {
"name": "Adams-Rangel",
"entity_type": "Corporation",
"address": "360 Andrews Summit\nSouth Colinmouth, MI 65673"
}
},
"property_details": {
"address": "24082 Moore Mission Suite 226\nSamanthafurt, LA 04484",
"property_type": "Industrial",
"lease_area_description": "Partial suite 36 in Building 9"
},
"lease_terms": {
"effective_date": "2023-09-07",
"commencement_date": "2023-09-29",
"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
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 3570.37,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.95%)",
"estimated_monthly_amount_usd": 535.56
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.22%)",
"estimated_monthly_amount_usd": 357.04
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 3570.37
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Clark-Scott Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Clark-Scott Inc.",
"Morgan 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-2024-4581
Status: Draft
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Richards, Jennings and Williams Properties, and the Tenant, Pham-Hoffman. 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 2024-04-13.
The subject of this lease concerns the Entire unit 13 in Building 7 at the property located at 4470 David Road
Longfort, AK 16029. This Industrial facility consists of approximately 46868 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-30, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $152,203.83. This figure is scheduled for an annual increase based on a 3.79% escalation rate. A security deposit of $304,407.66 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 CPI-U Adjustment, not to exceed 4%. 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 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-2024-4581",
"parties": {
"lessor_details": {
"name": "Richards, Jennings and Williams Properties",
"entity_type": "Corporation",
"address": "80458 Brown Glen Apt. 802\nBradyton, IL 92452"
},
"lessee_details": {
"name": "Pham-Hoffman",
"entity_type": "S-Corp",
"address": "90298 Angela Ferry\nRandyville, IN 98394"
}
},
"property_details": {
"address": "4470 David Road\nLongfort, AK 16029",
"property_type": "Industrial",
"lease_area_description": "Entire unit 13 in Building 7",
"square_footage_sqft": 46868
},
"lease_terms": {
"effective_date": "2024-04-13",
"commencement_date": "2024-06-30",
"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": 270
}
],
"requires_landlord_consent_for_sublease": true,
"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": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 152203.83,
"annual_escalation_rate_percent": 3.79,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.82%)",
"estimated_monthly_amount_usd": 22830.57
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.11%)",
"estimated_monthly_amount_usd": 15220.38
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 304407.66
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Draft"
}
|
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