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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-2024-5466
Status: Executed
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mckee-Allison Properties, and the Tenant, Wolf-Leonard. 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 unit 31 in Building 6 at the property located at Unit 1037 Box 0840
DPO AA 76692. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-23, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $184,970.64. This figure is scheduled for an annual increase based on a 2.46% escalation rate. A security deposit of $184,970.64 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wolf-Leonard 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 Mckee-Allison Properties. Note the existence of a Tenant Early Termination Option 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-2024-5466",
"parties": {
"lessor_details": {
"name": "Mckee-Allison Properties",
"entity_type": "LLC",
"address": "PSC 0946, Box 8238\nAPO AE 22141"
},
"lessee_details": {
"name": "Wolf-Leonard",
"entity_type": "LLC",
"address": "3326 Alvarez Harbor\nLindaside, AZ 35323"
}
},
"property_details": {
"address": "Unit 1037 Box 0840\nDPO AA 76692",
"property_type": "Industrial",
"lease_area_description": "Partial unit 31 in Building 6"
},
"lease_terms": {
"effective_date": "2024-07-26",
"commencement_date": "2024-10-23",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"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": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 184970.64,
"annual_escalation_rate_percent": 2.46,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.78%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.30%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 184970.64
},
"permitted_use": "Retail sales of goods 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": [
"Mckee-Allison Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Mckee-Allison Properties",
"Shaffer, Turner and Gordon 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-2024-1026
Status: Draft
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Carr, Welch and Murray LLC, and the Tenant, Jarvis-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 2024-06-09.
The subject of this lease concerns the Partial floor 43A in Building 9 at the property located at 2360 Christopher Road
South Patrick, AR 94858. This Retail facility consists of approximately 7158 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-09, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $22,338.93. This figure is scheduled for an annual increase based on a 1.97% escalation rate. A security deposit of $44,677.86 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, Jarvis-Wise 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 Carr, Welch and Murray LLC. Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-1026",
"parties": {
"lessor_details": {
"name": "Carr, Welch and Murray LLC",
"entity_type": "Corporation",
"address": "041 Jackie Stream\nDeleonhaven, CT 47585"
},
"lessee_details": {
"name": "Jarvis-Wise",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "2360 Christopher Road\nSouth Patrick, AR 94858",
"property_type": "Retail",
"lease_area_description": "Partial floor 43A in Building 9",
"square_footage_sqft": 7158
},
"lease_terms": {
"effective_date": "2024-06-09",
"commencement_date": "2024-07-09",
"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": 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": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 22338.93,
"annual_escalation_rate_percent": 1.97,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.61%)",
"estimated_monthly_amount_usd": 3350.84
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.11%)",
"estimated_monthly_amount_usd": 2233.89
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 44677.86,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Professional services 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": [
"Carr, Welch and Murray LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Carr, Welch and Murray LLC",
"Wilson-Wilcox 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-2023-9250
Status: Executed
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Allen LLC Properties, and the Tenant, Dodson, Chavez and Cunningham. 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 2023-10-18.
The subject of this lease concerns the Partial suite 43 in Building 7 at the property located at 704 Helen Squares
New Elizabeth, AK 64515. 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 2023-12-13, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $62,338.70. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $62,338.70 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.
Per section 10.1, Dodson, Chavez and Cunningham 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 Allen LLC Properties. Late payments of rent will accrue interest at a rate of 16.7% 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-2023-9250",
"parties": {
"lessor_details": {
"name": "Allen LLC Properties",
"entity_type": "LLC",
"address": "8251 Pena Squares Apt. 755\nLake Victoria, MT 78300"
},
"lessee_details": {
"name": "Dodson, Chavez and Cunningham",
"entity_type": "Corporation",
"address": "28435 Lee Squares Suite 056\nSouth Adrian, OR 42451"
}
},
"property_details": {
"address": "704 Helen Squares\nNew Elizabeth, AK 64515",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 43 in Building 7"
},
"lease_terms": {
"effective_date": "2023-10-18",
"commencement_date": "2023-12-13",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 62338.7,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.50%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.59%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 62338.7,
"late_payment_interest_rate_percent": 16.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Allen LLC Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Allen LLC Properties",
"Williams 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-2024-6117
Status: Amended
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Scott-Klein Ventures, and the Tenant, Brock 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 2024-02-25.
The subject of this lease concerns the Entire unit 33B in Building 2 at the property located at 88439 Guzman Prairie
West Brianville, NE 43724. This Office facility consists of approximately 19899 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-13, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $60,194.47. This figure is scheduled for an annual increase based on a 1.54% escalation rate. A security deposit of $120,388.94 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, Brock 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 Scott-Klein Ventures. Late payments of rent will accrue interest at a rate of 7.3% 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-2024-6117",
"parties": {
"lessor_details": {
"name": "Scott-Klein Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Brock Inc",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "88439 Guzman Prairie\nWest Brianville, NE 43724",
"property_type": "Office",
"lease_area_description": "Entire unit 33B in Building 2",
"square_footage_sqft": 19899
},
"lease_terms": {
"effective_date": "2024-02-25",
"commencement_date": "2024-03-13",
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 60194.47,
"annual_escalation_rate_percent": 1.54,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.68%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.09%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 120388.94,
"late_payment_interest_rate_percent": 7.3
},
"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": 5000000,
"named_insureds_required": [
"Scott-Klein Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Scott-Klein Ventures",
"Montoya 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-2024-9626
Status: Amended
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Benson, Pitts and Elliott LLC, and the Tenant, Watson, Barnes and Campbell. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-27.
The subject of this lease concerns the Entire floor 36 in Building 3 at the property located at 808 Baldwin Loop
South Christopher, AS 70773. This Office facility consists of approximately 11607 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-05, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $47,443.61. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $47,443.61 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Watson, Barnes and Campbell 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 Benson, Pitts and Elliott LLC. 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-2024-9626",
"parties": {
"lessor_details": {
"name": "Benson, Pitts and Elliott LLC",
"entity_type": "Corporation",
"address": "00794 Roberto Road\nPort Brian, TN 58814"
},
"lessee_details": {
"name": "Watson, Barnes and Campbell",
"entity_type": "S-Corp",
"address": "USS Taylor\nFPO AE 16430"
}
},
"property_details": {
"address": "808 Baldwin Loop\nSouth Christopher, AS 70773",
"property_type": "Office",
"lease_area_description": "Entire floor 36 in Building 3",
"square_footage_sqft": 11607
},
"lease_terms": {
"effective_date": "2024-02-27",
"commencement_date": "2024-03-05",
"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
}
],
"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": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47443.61,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.42%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.49%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 47443.61
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "California",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Benson, Pitts and Elliott LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Benson, Pitts and Elliott LLC",
"Andersen 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-2024-2588
Status: Under Review
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams Ltd Inc., and the Tenant, Lopez, Wells and Thompson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-11.
The subject of this lease concerns the Entire floor 26 in Building 1 at the property located at 15007 Lane Station Suite 065
New Robertburgh, RI 94129. 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 2024-07-17, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $101,952.57. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $203,905.14 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Lopez, Wells and Thompson is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Williams Ltd Inc.. Late payments of rent will accrue interest at a rate of 17.1% 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-2024-2588",
"parties": {
"lessor_details": {
"name": "Williams Ltd Inc.",
"entity_type": "Corporation",
"address": "5040 Smith Extension Apt. 952\nRyanchester, OH 90065"
},
"lessee_details": {
"name": "Lopez, Wells and Thompson",
"entity_type": "S-Corp",
"address": "Unit 3530 Box 7142\nDPO AP 81840"
}
},
"property_details": {
"address": "15007 Lane Station Suite 065\nNew Robertburgh, RI 94129",
"property_type": "Office",
"lease_area_description": "Entire floor 26 in Building 1"
},
"lease_terms": {
"effective_date": "2024-05-11",
"commencement_date": "2024-07-17",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 101952.57,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.92%)",
"estimated_monthly_amount_usd": 15292.89
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.03%)",
"estimated_monthly_amount_usd": 10195.26
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 203905.14,
"late_payment_interest_rate_percent": 17.1
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Williams Ltd Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Williams Ltd Inc.",
"Davis 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-2024-5533
Status: Amended
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fleming, Black and Harris Inc., and the Tenant, Becker, Hamilton and Jarvis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-28.
The subject of this lease concerns the Entire suite 4 in Building 8 at the property located at 5381 Walters Canyon
West Brianview, CO 76717. This Office facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-10, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $171,014.38. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $342,028.76 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 is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 14.5% 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-2024-5533",
"parties": {
"lessor_details": {
"name": "Fleming, Black and Harris Inc.",
"entity_type": "LLC",
"address": "144 Dylan Plaza Suite 807\nBennettland, OR 32909"
},
"lessee_details": {
"name": "Becker, Hamilton and Jarvis",
"entity_type": "LLC",
"address": "25257 Allen Mill\nAndrebury, NJ 04082"
}
},
"property_details": {
"address": "5381 Walters Canyon\nWest Brianview, CO 76717",
"property_type": "Office",
"lease_area_description": "Entire suite 4 in Building 8"
},
"lease_terms": {
"effective_date": "2024-06-28",
"commencement_date": "2024-09-10",
"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": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 171014.38,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.67%)",
"estimated_monthly_amount_usd": 25652.16
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.31%)",
"estimated_monthly_amount_usd": 17101.44
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 342028.76,
"late_payment_interest_rate_percent": 14.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"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-2024-9045
Status: Executed
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Banks, Cook and Gonzales Inc., and the Tenant, Adams-Griffin. 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 2024-06-29.
The subject of this lease concerns the Partial floor 44A in Building 1 at the property located at 8208 Fisher Parks
Lake Andrew, DE 98014. This Office facility consists of approximately 7814 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-09, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $18,955.46. This figure is scheduled for an annual increase based on a 2.87% escalation rate. A security deposit of $37,910.92 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Adams-Griffin 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 Banks, Cook and Gonzales Inc.. Late payments of rent will accrue interest at a rate of 11.6% 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 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-2024-9045",
"parties": {
"lessor_details": {
"name": "Banks, Cook and Gonzales Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Adams-Griffin",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "8208 Fisher Parks\nLake Andrew, DE 98014",
"property_type": "Office",
"lease_area_description": "Partial floor 44A in Building 1",
"square_footage_sqft": 7814
},
"lease_terms": {
"effective_date": "2024-06-29",
"commencement_date": "2024-09-09",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "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": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 18955.46,
"annual_escalation_rate_percent": 2.87,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.21%)",
"estimated_monthly_amount_usd": 2843.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.86%)",
"estimated_monthly_amount_usd": 1895.55
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 37910.92,
"late_payment_interest_rate_percent": 11.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Banks, Cook and Gonzales Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Banks, Cook and Gonzales Inc.",
"Webb, Sims and Herman 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-2024-5297
Status: Under Review
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Davis Inc Ventures, and the Tenant, Shaw-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 2024-02-18.
The subject of this lease concerns the Entire floor 47A in Building 8 at the property located at 178 Sheri Point Suite 916
Davisville, WY 23238. This Mixed-Use facility consists of approximately 27736 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-06, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $65,433.85. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $65,433.85 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Shaw-Miller 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 Davis Inc Ventures. Late payments of rent will accrue interest at a rate of 13.6% 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-2024-5297",
"parties": {
"lessor_details": {
"name": "Davis Inc Ventures",
"entity_type": "Corporation",
"address": "32560 Johnson Ranch\nTorresbury, VA 23105"
},
"lessee_details": {
"name": "Shaw-Miller",
"entity_type": "LLC",
"address": "180 Aaron Hills\nCarterview, WV 64352"
}
},
"property_details": {
"address": "178 Sheri Point Suite 916\nDavisville, WY 23238",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 47A in Building 8",
"square_footage_sqft": 27736
},
"lease_terms": {
"effective_date": "2024-02-18",
"commencement_date": "2024-04-06",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "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": 65433.85,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.94%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.26%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 65433.85,
"late_payment_interest_rate_percent": 13.6
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Davis Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Davis Inc Ventures",
"Collins 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-2024-6927
Status: Draft
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fisher, Munoz and Mueller Properties, and the Tenant, Manning, Moore and Alvarado. 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 2024-03-16.
The subject of this lease concerns the Entire unit 48A in Building 7 at the property located at 4369 Martinez Stream
Port Jennifer, FM 38045. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-19, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $176,470.19. This figure is scheduled for an annual increase based on a 3.13% escalation rate. A security deposit of $352,940.38 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Manning, Moore and Alvarado 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 Fisher, Munoz and Mueller Properties. Late payments of rent will accrue interest at a rate of 7.8% 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 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-2024-6927",
"parties": {
"lessor_details": {
"name": "Fisher, Munoz and Mueller Properties",
"entity_type": "LLC",
"address": "69201 Laura Inlet\nLanceport, PW 54711"
},
"lessee_details": {
"name": "Manning, Moore and Alvarado",
"entity_type": "Corporation",
"address": "86141 Tonya Squares\nKeithtown, NJ 23204"
}
},
"property_details": {
"address": "4369 Martinez Stream\nPort Jennifer, FM 38045",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 48A in Building 7"
},
"lease_terms": {
"effective_date": "2024-03-16",
"commencement_date": "2024-05-19",
"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": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 176470.19,
"annual_escalation_rate_percent": 3.13,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.03%)",
"estimated_monthly_amount_usd": 26470.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.59%)",
"estimated_monthly_amount_usd": 17647.02
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 352940.38,
"late_payment_interest_rate_percent": 7.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "California",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Fisher, Munoz and Mueller Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fisher, Munoz and Mueller Properties",
"Jarvis 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-2024-3291
Status: Draft
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hall-Marsh LLC, and the Tenant, Patel-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 2024-02-28.
The subject of this lease concerns the Partial floor 50 in Building 5 at the property located at 03424 Carol Rue Apt. 691
Sherryburgh, VI 91876. This Industrial facility consists of approximately 32241 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-01, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $142,182.81. This figure is scheduled for an annual increase based on a 3.47% escalation rate. A security deposit of $284,365.62 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, Patel-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 Hall-Marsh LLC. 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-2024-3291",
"parties": {
"lessor_details": {
"name": "Hall-Marsh LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Patel-Garcia",
"entity_type": "LLC"
}
},
"property_details": {
"address": "03424 Carol Rue Apt. 691\nSherryburgh, VI 91876",
"property_type": "Industrial",
"lease_area_description": "Partial floor 50 in Building 5",
"square_footage_sqft": 32241
},
"lease_terms": {
"effective_date": "2024-02-28",
"commencement_date": "2024-05-01",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "6 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": 142182.81,
"annual_escalation_rate_percent": 3.47,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.85%)",
"estimated_monthly_amount_usd": 21327.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.77%)",
"estimated_monthly_amount_usd": 14218.28
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 284365.62
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "California",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Hall-Marsh LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Hall-Marsh LLC",
"James 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-2023-7172
Status: Under Review
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Frank-Simpson Properties, and the Tenant, Rhodes, Roach and Bates. 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 2023-11-04.
The subject of this lease concerns the Partial floor 1A in Building 2 at the property located at 677 Ashley Forge
South Jason, ME 43792. This Warehouse facility consists of approximately 22043 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-22, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $101,636.60. This figure is scheduled for an annual increase based on a 2.75% escalation rate. A security deposit of $101,636.60 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.
Per section 10.1, Rhodes, Roach and Bates 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 Frank-Simpson Properties. Late payments of rent will accrue interest at a rate of 5.0% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7172",
"parties": {
"lessor_details": {
"name": "Frank-Simpson Properties",
"entity_type": "LLC",
"address": "75784 Winters Green Apt. 763\nMartinton, CT 48488"
},
"lessee_details": {
"name": "Rhodes, Roach and Bates",
"entity_type": "S-Corp",
"address": "824 Kristopher Spurs Suite 044\nSouth Jesseberg, WA 23541"
}
},
"property_details": {
"address": "677 Ashley Forge\nSouth Jason, ME 43792",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 1A in Building 2",
"square_footage_sqft": 22043
},
"lease_terms": {
"effective_date": "2023-11-04",
"commencement_date": "2023-11-22",
"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
}
],
"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": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 101636.6,
"annual_escalation_rate_percent": 2.75,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.56%)",
"estimated_monthly_amount_usd": 15245.49
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.43%)",
"estimated_monthly_amount_usd": 10163.66
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 101636.6,
"late_payment_interest_rate_percent": 5.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Frank-Simpson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Frank-Simpson Properties",
"Welch-Anderson 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-2024-7679
Status: Executed
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mccarthy-Evans Ventures, and the Tenant, Neal, Taylor and Hernandez. 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 2024-07-18.
The subject of this lease concerns the Partial floor 18B in Building 2 at the property located at 167 Christopher Stream
Port Garrett, WA 68842. This Retail facility consists of approximately 24525 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $32,679.56. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $32,679.56 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Neal, Taylor and Hernandez 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 Mccarthy-Evans Ventures. 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-2024-7679",
"parties": {
"lessor_details": {
"name": "Mccarthy-Evans Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Neal, Taylor and Hernandez",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "167 Christopher Stream\nPort Garrett, WA 68842",
"property_type": "Retail",
"lease_area_description": "Partial floor 18B in Building 2",
"square_footage_sqft": 24525
},
"lease_terms": {
"effective_date": "2024-07-18",
"commencement_date": "2024-07-23",
"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,
"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": 32679.56,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.83%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.38%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 32679.56
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Mccarthy-Evans Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Mccarthy-Evans Ventures",
"Larson, Gomez and Krause 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-2024-7784
Status: Amended
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Marquez Group Holdings, and the Tenant, Schwartz, Sullivan and Baker. 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 2024-01-27.
The subject of this lease concerns the Entire floor 41A in Building 9 at the property located at 83311 Franklin Wells Apt. 904
Christinastad, KY 06012. This Mixed-Use facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-04, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $154,417.26. This figure is scheduled for an annual increase based on a 1.64% escalation rate. A security deposit of $154,417.26 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, Schwartz, Sullivan and Baker 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 Marquez Group Holdings. Late payments of rent will accrue interest at a rate of 12.9% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-7784",
"parties": {
"lessor_details": {
"name": "Marquez Group Holdings",
"entity_type": "Limited Partnership",
"address": "722 Chambers Circles Suite 639\nMillerfurt, NJ 57546"
},
"lessee_details": {
"name": "Schwartz, Sullivan and Baker",
"entity_type": "S-Corp",
"address": "192 Schneider Landing Suite 899\nPerezview, KY 54908"
}
},
"property_details": {
"address": "83311 Franklin Wells Apt. 904\nChristinastad, KY 06012",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 41A in Building 9"
},
"lease_terms": {
"effective_date": "2024-01-27",
"commencement_date": "2024-03-04",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 154417.26,
"annual_escalation_rate_percent": 1.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.37%)",
"estimated_monthly_amount_usd": 23162.59
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.74%)",
"estimated_monthly_amount_usd": 15441.73
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 154417.26,
"late_payment_interest_rate_percent": 12.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Marquez Group Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Marquez Group Holdings",
"Rodriguez, Patel and Brock 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-2024-1964
Status: Draft
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gonzalez Inc Properties, and the Tenant, Webb-Young. 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 2024-03-23.
The subject of this lease concerns the Entire floor 43A in Building 9 at the property located at 7338 Christopher Lodge
Cynthiaberg, CA 94699. This Industrial facility consists of approximately 27762 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $113,801.06. This figure is scheduled for an annual increase based on a 2.42% escalation rate. A security deposit of $113,801.06 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.
Per section 10.1, Webb-Young 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 Gonzalez Inc Properties. 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-2024-1964",
"parties": {
"lessor_details": {
"name": "Gonzalez Inc Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Webb-Young",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "7338 Christopher Lodge\nCynthiaberg, CA 94699",
"property_type": "Industrial",
"lease_area_description": "Entire floor 43A in Building 9",
"square_footage_sqft": 27762
},
"lease_terms": {
"effective_date": "2024-03-23",
"commencement_date": "2024-04-14",
"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": 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": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 113801.06,
"annual_escalation_rate_percent": 2.42,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.46%)",
"estimated_monthly_amount_usd": 17070.16
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.21%)",
"estimated_monthly_amount_usd": 11380.11
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 113801.06,
"late_payment_interest_rate_percent": 7.6
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Gonzalez Inc Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Gonzalez Inc Properties",
"Watson, Brown and 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-2024-5315
Status: Under Review
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Thomas PLC Holdings, and the Tenant, Moore 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 2024-03-20.
The subject of this lease concerns the Partial floor 47A in Building 2 at the property located at 008 Laura Crossing
South Kevinfort, CT 48701. This Industrial facility consists of approximately 24914 rentable square feet 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 $75,281.80. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $150,563.60 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Moore 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 Thomas PLC 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-2024-5315",
"parties": {
"lessor_details": {
"name": "Thomas PLC Holdings",
"entity_type": "Corporation",
"address": "62685 Baxter Junction Apt. 076\nPotterland, CO 41289"
},
"lessee_details": {
"name": "Moore Ltd",
"entity_type": "LLC",
"address": "3292 Lopez Brooks Suite 051\nHartmanmouth, VI 68906"
}
},
"property_details": {
"address": "008 Laura Crossing\nSouth Kevinfort, CT 48701",
"property_type": "Industrial",
"lease_area_description": "Partial floor 47A in Building 2",
"square_footage_sqft": 24914
},
"lease_terms": {
"effective_date": "2024-03-20",
"commencement_date": "2024-05-01",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"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": 75281.8,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.98%)",
"estimated_monthly_amount_usd": 11292.27
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.91%)",
"estimated_monthly_amount_usd": 7528.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 150563.6
},
"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": 1000000,
"named_insureds_required": [
"Thomas PLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Thomas PLC Holdings",
"Lynch-Byrd 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-2024-9676
Status: Draft
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miller-Garcia Ventures, and the Tenant, Kennedy, Foster and 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 2024-01-24.
The subject of this lease concerns the Partial unit 30 in Building 3 at the property located at 039 Rodriguez Locks
Lake Riley, MS 15331. This Industrial facility consists of approximately 18414 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $61,825.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $123,650.00 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, Kennedy, Foster and 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 Miller-Garcia Ventures.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9676",
"parties": {
"lessor_details": {
"name": "Miller-Garcia Ventures",
"entity_type": "LLC",
"address": "27905 Roth Lake Apt. 083\nTimothybury, NE 16220"
},
"lessee_details": {
"name": "Kennedy, Foster and Miller",
"entity_type": "LLC"
}
},
"property_details": {
"address": "039 Rodriguez Locks\nLake Riley, MS 15331",
"property_type": "Industrial",
"lease_area_description": "Partial unit 30 in Building 3",
"square_footage_sqft": 18414
},
"lease_terms": {
"effective_date": "2024-01-24",
"commencement_date": "2024-03-03",
"initial_term_months": 120,
"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": 36,
"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": 61825.0,
"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": 9273.75
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.30%)",
"estimated_monthly_amount_usd": 6182.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 123650.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Miller-Garcia Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Miller-Garcia Ventures",
"Lee 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-2023-4395
Status: Amended
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Martin, Booker and Koch Ventures, and the Tenant, French-Morris. 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 2023-10-03.
The subject of this lease concerns the Partial floor 42 in Building 1 at the property located at 1121 Cox Haven Apt. 902
North Melanie, OK 58071. 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 2023-10-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $56,979.01. This figure is scheduled for an annual increase based on a 2.15% escalation rate. A security deposit of $56,979.01 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 12.9% 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 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-2023-4395",
"parties": {
"lessor_details": {
"name": "Martin, Booker and Koch Ventures",
"entity_type": "Limited Partnership",
"address": "31422 Heather Drive\nPort Katherine, MS 42695"
},
"lessee_details": {
"name": "French-Morris",
"entity_type": "Corporation",
"address": "1487 Chloe Circles\nStacyton, PA 66080"
}
},
"property_details": {
"address": "1121 Cox Haven Apt. 902\nNorth Melanie, OK 58071",
"property_type": "Industrial",
"lease_area_description": "Partial floor 42 in Building 1"
},
"lease_terms": {
"effective_date": "2023-10-03",
"commencement_date": "2023-10-24",
"initial_term_months": 84,
"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": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 56979.01,
"annual_escalation_rate_percent": 2.15,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.50%)",
"estimated_monthly_amount_usd": 8546.85
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.68%)",
"estimated_monthly_amount_usd": 5697.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 56979.01,
"late_payment_interest_rate_percent": 12.9
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"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-2023-1487
Status: Executed
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcdonald-Phillips Properties, and the Tenant, Cook Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-16.
The subject of this lease concerns the Entire suite 20A in Building 4 at the property located at 89413 Washington Cove
Matthewmouth, VI 48867. This Mixed-Use facility consists of approximately 33680 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-17, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $70,475.40. This figure is scheduled for an annual increase based on a 2.17% escalation rate. A security deposit of $140,950.80 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1487",
"parties": {
"lessor_details": {
"name": "Mcdonald-Phillips Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Cook Group",
"entity_type": "S-Corp",
"address": "2433 Powell Radial\nEast Patriciafort, WA 41223"
}
},
"property_details": {
"address": "89413 Washington Cove\nMatthewmouth, VI 48867",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 20A in Building 4",
"square_footage_sqft": 33680
},
"lease_terms": {
"effective_date": "2023-10-16",
"commencement_date": "2023-10-17",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"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": 70475.4,
"annual_escalation_rate_percent": 2.17,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.56%)",
"estimated_monthly_amount_usd": 10571.31
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.62%)",
"estimated_monthly_amount_usd": 7047.54
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 140950.8
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8672
Status: Draft
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Campbell-Crawford LLC, and the Tenant, Joyce-Moore. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-08-09.
The subject of this lease concerns the Partial unit 47A in Building 8 at the property located at 5128 Andre Bridge
Owensmouth, TX 72716. This Mixed-Use facility consists of approximately 27558 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-23, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $137,790.00. This figure is scheduled for an annual increase based on a 3.62% escalation rate. A security deposit of $275,580.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 12.5% 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-2024-8672",
"parties": {
"lessor_details": {
"name": "Campbell-Crawford LLC",
"entity_type": "Limited Partnership",
"address": "07584 Jefferson Brooks Suite 303\nAllenberg, KS 36774"
},
"lessee_details": {
"name": "Joyce-Moore",
"entity_type": "Corporation",
"address": "87129 Wallace Lights\nNorth Anthony, PR 04028"
}
},
"property_details": {
"address": "5128 Andre Bridge\nOwensmouth, TX 72716",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 47A in Building 8",
"square_footage_sqft": 27558
},
"lease_terms": {
"effective_date": "2024-08-09",
"commencement_date": "2024-08-23",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 137790.0,
"annual_escalation_rate_percent": 3.62,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.60%)",
"estimated_monthly_amount_usd": 20668.5
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.89%)",
"estimated_monthly_amount_usd": 13779.0
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 275580.0,
"late_payment_interest_rate_percent": 12.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"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-2023-9234
Status: Executed
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miller-Jensen Properties, and the Tenant, Castillo, Garcia and Freeman. 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 2023-09-16.
The subject of this lease concerns the Entire unit 9A in Building 5 at the property located at 79531 Jones Loop Apt. 562
South Stephanie, KS 67696. This Retail facility consists of approximately 18927 rentable square feet and is designated for the purpose of General office 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 $39,147.35. This figure is scheduled for an annual increase based on a 1.63% escalation rate. A security deposit of $78,294.70 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Castillo, Garcia and Freeman is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Miller-Jensen Properties. Late payments of rent will accrue interest at a rate of 5.3% 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-2023-9234",
"parties": {
"lessor_details": {
"name": "Miller-Jensen Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Castillo, Garcia and Freeman",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "79531 Jones Loop Apt. 562\nSouth Stephanie, KS 67696",
"property_type": "Retail",
"lease_area_description": "Entire unit 9A in Building 5",
"square_footage_sqft": 18927
},
"lease_terms": {
"effective_date": "2023-09-16",
"commencement_date": "2023-12-08",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 39147.35,
"annual_escalation_rate_percent": 1.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.87%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.12%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 78294.7,
"late_payment_interest_rate_percent": 5.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Miller-Jensen Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Miller-Jensen Properties",
"Martin, Rice and Schmidt 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-2024-2477
Status: Draft
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Santana-Hughes LLC, and the Tenant, Murray 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 2024-07-15.
The subject of this lease concerns the Entire floor 32B in Building 3 at the property located at Unit 6252 Box 0116
DPO AP 68834. This Office facility consists of approximately 46929 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-24, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $155,374.10. This figure is scheduled for an annual increase based on a 1.63% escalation rate. A security deposit of $155,374.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Murray 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 Santana-Hughes LLC. 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-2024-2477",
"parties": {
"lessor_details": {
"name": "Santana-Hughes LLC",
"entity_type": "LLC",
"address": "118 Nicole Crest Apt. 443\nGoodstad, TN 39708"
},
"lessee_details": {
"name": "Murray PLC",
"entity_type": "Corporation",
"address": "72233 Smith Knoll\nSethberg, DE 88307"
}
},
"property_details": {
"address": "Unit 6252 Box 0116\nDPO AP 68834",
"property_type": "Office",
"lease_area_description": "Entire floor 32B in Building 3",
"square_footage_sqft": 46929
},
"lease_terms": {
"effective_date": "2024-07-15",
"commencement_date": "2024-09-24",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 155374.1,
"annual_escalation_rate_percent": 1.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.12%)",
"estimated_monthly_amount_usd": 23306.12
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.62%)",
"estimated_monthly_amount_usd": 15537.41
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 155374.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Santana-Hughes LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Santana-Hughes LLC",
"Scott-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-2024-3713
Status: Under Review
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Munoz and Sons Holdings, and the Tenant, Brown-Miranda. 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 2024-07-05.
The subject of this lease concerns the Partial suite 17 in Building 8 at the property located at 6926 Jeremiah Shoals
Port Zachary, MH 81694. This Office facility consists of approximately 18267 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-20, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $26,928.60. This figure is scheduled for an annual increase based on a 3.64% escalation rate. A security deposit of $53,857.20 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, Brown-Miranda 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 Munoz and Sons Holdings. Late payments of rent will accrue interest at a rate of 12.3% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3713",
"parties": {
"lessor_details": {
"name": "Munoz and Sons Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Brown-Miranda",
"entity_type": "Corporation",
"address": "USNV Huff\nFPO AA 05223"
}
},
"property_details": {
"address": "6926 Jeremiah Shoals\nPort Zachary, MH 81694",
"property_type": "Office",
"lease_area_description": "Partial suite 17 in Building 8",
"square_footage_sqft": 18267
},
"lease_terms": {
"effective_date": "2024-07-05",
"commencement_date": "2024-09-20",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 26928.6,
"annual_escalation_rate_percent": 3.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.46%)",
"estimated_monthly_amount_usd": 4039.29
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.66%)",
"estimated_monthly_amount_usd": 2692.86
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 53857.2,
"late_payment_interest_rate_percent": 12.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Munoz and Sons Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Munoz and Sons Holdings",
"Montgomery, Anderson and Houston 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-2024-5208
Status: Draft
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Murray-George Inc., and the Tenant, Robbins, Stanton and Mendoza. 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 2024-07-02.
The subject of this lease concerns the Entire unit 18B in Building 6 at the property located at PSC 7664, Box 7746
APO AA 13388. 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 2024-07-27, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $47,402.31. This figure is scheduled for an annual increase based on a 2.28% escalation rate. A security deposit of $47,402.31 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.
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-2024-5208",
"parties": {
"lessor_details": {
"name": "Murray-George Inc.",
"entity_type": "Corporation",
"address": "0446 Kenneth Manor\nNew William, VA 30203"
},
"lessee_details": {
"name": "Robbins, Stanton and Mendoza",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "PSC 7664, Box 7746\nAPO AA 13388",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 18B in Building 6"
},
"lease_terms": {
"effective_date": "2024-07-02",
"commencement_date": "2024-07-27",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47402.31,
"annual_escalation_rate_percent": 2.28,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.34%)",
"estimated_monthly_amount_usd": 7110.35
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.61%)",
"estimated_monthly_amount_usd": 4740.23
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 47402.31
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Nevada",
"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-2023-2777
Status: Under Review
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jackson LLC LLC, 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 2023-10-02.
The subject of this lease concerns the Partial suite 48 in Building 5 at the property located at 2857 Castro Village Apt. 623
Traceychester, MA 55937. This Office facility consists of approximately 14088 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-08, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $21,214.18. This figure is scheduled for an annual increase based on a 2.57% escalation rate. A security deposit of $42,428.36 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises 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 Jackson LLC LLC. Late payments of rent will accrue interest at a rate of 14.0% 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-2023-2777",
"parties": {
"lessor_details": {
"name": "Jackson LLC LLC",
"entity_type": "Corporation",
"address": "1538 Kristin Inlet\nMortontown, MA 01907"
},
"lessee_details": {
"name": "Hernandez Inc",
"entity_type": "Corporation",
"address": "120 Rice Roads\nNew James, MD 06351"
}
},
"property_details": {
"address": "2857 Castro Village Apt. 623\nTraceychester, MA 55937",
"property_type": "Office",
"lease_area_description": "Partial suite 48 in Building 5",
"square_footage_sqft": 14088
},
"lease_terms": {
"effective_date": "2023-10-02",
"commencement_date": "2023-12-08",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 21214.18,
"annual_escalation_rate_percent": 2.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 3182.13
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.44%)",
"estimated_monthly_amount_usd": 2121.42
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 42428.36,
"late_payment_interest_rate_percent": 14.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson LLC LLC",
"Shields-Roberts 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-2023-1960
Status: Draft
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson Group LLC, and the Tenant, Jordan LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-05.
The subject of this lease concerns the Partial suite 14A in Building 3 at the property located at 47940 Butler Turnpike
Fryefort, MA 36336. This Retail facility consists of approximately 17574 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-11, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $25,042.95. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $50,085.90 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.
Late payments of rent will accrue interest at a rate of 11.7% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 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-2023-1960",
"parties": {
"lessor_details": {
"name": "Johnson Group LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Jordan LLC",
"entity_type": "Corporation",
"address": "68466 Jeremiah Burg Apt. 670\nReyesview, NE 21530"
}
},
"property_details": {
"address": "47940 Butler Turnpike\nFryefort, MA 36336",
"property_type": "Retail",
"lease_area_description": "Partial suite 14A in Building 3",
"square_footage_sqft": 17574
},
"lease_terms": {
"effective_date": "2023-12-05",
"commencement_date": "2023-12-11",
"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%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 25042.95,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.53%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.57%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 50085.9,
"late_payment_interest_rate_percent": 11.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Indiana",
"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-2024-7408
Status: Executed
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Collins Inc Inc., and the Tenant, Kramer, Garcia and Johnson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-04.
The subject of this lease concerns the Partial unit 34 in Building 6 at the property located at 0134 Thomas Pines Suite 478
Anthonyport, MA 94644. This Retail facility consists of approximately 34943 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-20, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $171,541.01. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $343,082.02 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Kramer, Garcia and Johnson is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Collins Inc Inc.. Late payments of rent will accrue interest at a rate of 8.5% 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-2024-7408",
"parties": {
"lessor_details": {
"name": "Collins Inc Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Kramer, Garcia and Johnson",
"entity_type": "Corporation",
"address": "86675 Holland Lights\nEast Jacobside, PW 81592"
}
},
"property_details": {
"address": "0134 Thomas Pines Suite 478\nAnthonyport, MA 94644",
"property_type": "Retail",
"lease_area_description": "Partial unit 34 in Building 6",
"square_footage_sqft": 34943
},
"lease_terms": {
"effective_date": "2024-01-04",
"commencement_date": "2024-02-20",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"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": 171541.01,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.20%)",
"estimated_monthly_amount_usd": 25731.15
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.44%)",
"estimated_monthly_amount_usd": 17154.1
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 343082.02,
"late_payment_interest_rate_percent": 8.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Indiana",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Collins Inc Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Collins Inc Inc.",
"Frederick, Larsen and Garza 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-2024-1266
Status: Under Review
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hudson-Mcclure Properties, and the Tenant, Benson 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 2024-08-11.
The subject of this lease concerns the Entire unit 8B in Building 2 at the property located at 171 Martinez Stream
East Andrew, DC 55251. 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 2024-08-31, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $69,007.05. This figure is scheduled for an annual increase based on a 3.24% escalation rate. A security deposit of $69,007.05 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 requires Landlord's explicit consent.
Per section 10.1, Benson 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 Hudson-Mcclure Properties. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1266",
"parties": {
"lessor_details": {
"name": "Hudson-Mcclure Properties",
"entity_type": "Limited Partnership",
"address": "Unit 1887 Box 3618\nDPO AP 35358"
},
"lessee_details": {
"name": "Benson Inc",
"entity_type": "LLC",
"address": "5103 Anderson Park Apt. 364\nLake Dylan, WI 33428"
}
},
"property_details": {
"address": "171 Martinez Stream\nEast Andrew, DC 55251",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 8B in Building 2"
},
"lease_terms": {
"effective_date": "2024-08-11",
"commencement_date": "2024-08-31",
"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": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "4 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": 69007.05,
"annual_escalation_rate_percent": 3.24,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.64%)",
"estimated_monthly_amount_usd": 10351.06
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.98%)",
"estimated_monthly_amount_usd": 6900.7
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 69007.05
},
"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": [
"Hudson-Mcclure Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Hudson-Mcclure Properties",
"Potter-Moreno 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-2023-1673
Status: Draft
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Beasley-Olson Inc., and the Tenant, Duncan-Conley. 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 2023-11-28.
The subject of this lease concerns the Entire suite 43 in Building 9 at the property located at 9114 Amy Springs
Sallyfort, VI 58117. 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 2024-01-24, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $27,293.29. This figure is scheduled for an annual increase based on a 3.61% escalation rate. A security deposit of $54,586.58 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, Duncan-Conley 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 Beasley-Olson Inc.. Note the existence of a Landlord Recapture Right 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-2023-1673",
"parties": {
"lessor_details": {
"name": "Beasley-Olson Inc.",
"entity_type": "Corporation",
"address": "622 Riggs Glens Apt. 204\nNew Dawn, FL 62178"
},
"lessee_details": {
"name": "Duncan-Conley",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "9114 Amy Springs\nSallyfort, VI 58117",
"property_type": "Office",
"lease_area_description": "Entire suite 43 in Building 9"
},
"lease_terms": {
"effective_date": "2023-11-28",
"commencement_date": "2024-01-24",
"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%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 27293.29,
"annual_escalation_rate_percent": 3.61,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.80%)",
"estimated_monthly_amount_usd": 4093.99
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.33%)",
"estimated_monthly_amount_usd": 2729.33
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 54586.58
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Beasley-Olson Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Beasley-Olson Inc.",
"Young-Riddle 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-2023-5348
Status: Under Review
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson-Lopez Holdings, and the Tenant, Watkins, Brennan and Harmon. 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 Entire unit 30A in Building 5 at the property located at 2740 Diaz Causeway
Chadfort, NE 89056. This Industrial facility consists of approximately 38645 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-02, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $191,969.04. This figure is scheduled for an annual increase based on a 1.61% escalation rate. A security deposit of $383,938.08 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Watkins, Brennan and Harmon 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 Johnson-Lopez Holdings. Late payments of rent will accrue interest at a rate of 11.0% 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-2023-5348",
"parties": {
"lessor_details": {
"name": "Johnson-Lopez Holdings",
"entity_type": "LLC",
"address": "18700 Jasmine Ferry\nPort Brandichester, GA 47132"
},
"lessee_details": {
"name": "Watkins, Brennan and Harmon",
"entity_type": "Corporation",
"address": "31561 Gray Plains Apt. 572\nParksfurt, MP 81365"
}
},
"property_details": {
"address": "2740 Diaz Causeway\nChadfort, NE 89056",
"property_type": "Industrial",
"lease_area_description": "Entire unit 30A in Building 5",
"square_footage_sqft": 38645
},
"lease_terms": {
"effective_date": "2023-09-04",
"commencement_date": "2023-11-02",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 191969.04,
"annual_escalation_rate_percent": 1.61,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.12%)",
"estimated_monthly_amount_usd": 28795.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.15%)",
"estimated_monthly_amount_usd": 19196.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 383938.08,
"late_payment_interest_rate_percent": 11.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Georgia",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Johnson-Lopez Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Johnson-Lopez Holdings",
"Wade, Arnold and 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-2024-9534
Status: Draft
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith LLC LLC, and the Tenant, Chavez, Gross and 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 2024-07-09.
The subject of this lease concerns the Partial suite 44A in Building 10 at the property located at 64343 Luis Estate Apt. 077
Brendaland, LA 70982. This Mixed-Use facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-21, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $156,934.90. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $156,934.90 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Chavez, Gross and Williams is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Smith LLC LLC. Late payments of rent will accrue interest at a rate of 13.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-9534",
"parties": {
"lessor_details": {
"name": "Smith LLC LLC",
"entity_type": "Limited Partnership",
"address": "3159 Lee Village Suite 432\nMikechester, OH 36610"
},
"lessee_details": {
"name": "Chavez, Gross and Williams",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "64343 Luis Estate Apt. 077\nBrendaland, LA 70982",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 44A in Building 10"
},
"lease_terms": {
"effective_date": "2024-07-09",
"commencement_date": "2024-08-21",
"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": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 156934.9,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.78%)",
"estimated_monthly_amount_usd": 23540.24
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.50%)",
"estimated_monthly_amount_usd": 15693.49
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 156934.9,
"late_payment_interest_rate_percent": 13.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "California",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Smith LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Smith LLC LLC",
"Sloan, Smith and Lee Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5630
Status: Executed
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Burke, Cochran and Meyer Ventures, and the Tenant, Jackson, Green and Lee. 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 2024-04-12.
The subject of this lease concerns the Entire unit 10A in Building 2 at the property located at 5931 Santiago Manor
Stuartmouth, AL 94054. This Mixed-Use facility consists of approximately 14539 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-05, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $43,277.76. This figure is scheduled for an annual increase based on a 2.68% escalation rate. A security deposit of $43,277.76 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 is permitted subject to standard conditions.
Per section 10.1, Jackson, Green and Lee 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 Burke, Cochran and Meyer Ventures. Late payments of rent will accrue interest at a rate of 6.9% 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-2024-5630",
"parties": {
"lessor_details": {
"name": "Burke, Cochran and Meyer Ventures",
"entity_type": "LLC",
"address": "36824 Turner Grove Apt. 590\nChristopherbury, MA 70993"
},
"lessee_details": {
"name": "Jackson, Green and Lee",
"entity_type": "Corporation",
"address": "1898 Gregory Fort Suite 317\nSouth Meganchester, MP 86860"
}
},
"property_details": {
"address": "5931 Santiago Manor\nStuartmouth, AL 94054",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 10A in Building 2",
"square_footage_sqft": 14539
},
"lease_terms": {
"effective_date": "2024-04-12",
"commencement_date": "2024-05-05",
"initial_term_months": 120,
"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": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 43277.76,
"annual_escalation_rate_percent": 2.68,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.07%)",
"estimated_monthly_amount_usd": 6491.66
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 4327.78
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 43277.76,
"late_payment_interest_rate_percent": 6.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Burke, Cochran and Meyer Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Burke, Cochran and Meyer Ventures",
"Payne 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-2023-6390
Status: Under Review
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Moore Ltd Holdings, and the Tenant, Anderson 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 2023-09-02.
The subject of this lease concerns the Partial floor 1A in Building 4 at the property located at 4676 Cisneros Causeway
New Crystal, AS 62163. This Office facility consists of approximately 23236 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-29, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $109,112.38. This figure is scheduled for an annual increase based on a 3.35% escalation rate. A security deposit of $218,224.76 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Anderson LLC is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Moore Ltd Holdings. Late payments of rent will accrue interest at a rate of 11.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 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-2023-6390",
"parties": {
"lessor_details": {
"name": "Moore Ltd Holdings",
"entity_type": "LLC",
"address": "16005 Gibbs Roads Suite 217\nPort Raymondshire, WY 48152"
},
"lessee_details": {
"name": "Anderson LLC",
"entity_type": "Corporation",
"address": "87244 Brittany Trail Apt. 520\nMeghanview, AZ 82325"
}
},
"property_details": {
"address": "4676 Cisneros Causeway\nNew Crystal, AS 62163",
"property_type": "Office",
"lease_area_description": "Partial floor 1A in Building 4",
"square_footage_sqft": 23236
},
"lease_terms": {
"effective_date": "2023-09-02",
"commencement_date": "2023-09-29",
"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": 24,
"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": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"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": 109112.38,
"annual_escalation_rate_percent": 3.35,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.93%)",
"estimated_monthly_amount_usd": 16366.86
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.49%)",
"estimated_monthly_amount_usd": 10911.24
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 218224.76,
"late_payment_interest_rate_percent": 11.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Moore Ltd Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Moore Ltd Holdings",
"Williams, Brown and Flores 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-2023-9607
Status: Executed
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kirk Group Properties, and the Tenant, Stephens, Smith and Young. 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 2023-11-20.
The subject of this lease concerns the Partial suite 44B in Building 3 at the property located at 630 Hannah Street
Ricechester, MP 92978. This Retail facility consists of approximately 10046 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $42,369.01. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $42,369.01 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, Stephens, Smith and Young 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 Kirk Group Properties. Late payments of rent will accrue interest at a rate of 16.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-9607",
"parties": {
"lessor_details": {
"name": "Kirk Group Properties",
"entity_type": "Limited Partnership",
"address": "8808 Reeves Union\nNorth Lee, ND 99510"
},
"lessee_details": {
"name": "Stephens, Smith and Young",
"entity_type": "LLC"
}
},
"property_details": {
"address": "630 Hannah Street\nRicechester, MP 92978",
"property_type": "Retail",
"lease_area_description": "Partial suite 44B in Building 3",
"square_footage_sqft": 10046
},
"lease_terms": {
"effective_date": "2023-11-20",
"commencement_date": "2023-12-23",
"initial_term_months": 120,
"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": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 42369.01,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.07%)",
"estimated_monthly_amount_usd": 6355.35
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.41%)",
"estimated_monthly_amount_usd": 4236.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 42369.01,
"late_payment_interest_rate_percent": 16.7
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Kirk Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Kirk Group Properties",
"Garcia 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-2024-9525
Status: Under Review
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cline-Pope Properties, and the Tenant, Jones 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 2024-07-09.
The subject of this lease concerns the Partial suite 11 in Building 5 at the property located at 60566 Bush Forks
South Justinstad, CO 70804. 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 2024-07-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $122,385.02. This figure is scheduled for an annual increase based on a 2.46% escalation rate. A security deposit of $244,770.04 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Jones 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 Cline-Pope 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-2024-9525",
"parties": {
"lessor_details": {
"name": "Cline-Pope Properties",
"entity_type": "Corporation",
"address": "Unit 1948 Box 5361\nDPO AE 57068"
},
"lessee_details": {
"name": "Jones PLC",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "60566 Bush Forks\nSouth Justinstad, CO 70804",
"property_type": "Retail",
"lease_area_description": "Partial suite 11 in Building 5"
},
"lease_terms": {
"effective_date": "2024-07-09",
"commencement_date": "2024-07-23",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 122385.02,
"annual_escalation_rate_percent": 2.46,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.62%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.06%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 244770.04
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Cline-Pope Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Cline-Pope Properties",
"Gallegos, Valenzuela and Watts 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-2024-9335
Status: Under Review
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Palmer and Sons Properties, and the Tenant, Murphy-Adams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-21.
The subject of this lease concerns the Entire suite 46 in Building 2 at the property located at 822 Laura Crescent Suite 083
Smithville, NJ 67185. This Mixed-Use facility consists of approximately 29166 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-25, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $64,189.50. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $128,379.00 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 13.2% 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-2024-9335",
"parties": {
"lessor_details": {
"name": "Palmer and Sons Properties",
"entity_type": "Corporation",
"address": "57354 Samantha Street\nNew Christopher, AK 97361"
},
"lessee_details": {
"name": "Murphy-Adams",
"entity_type": "LLC",
"address": "3213 Elizabeth Drives\nSouth John, WY 74243"
}
},
"property_details": {
"address": "822 Laura Crescent Suite 083\nSmithville, NJ 67185",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 46 in Building 2",
"square_footage_sqft": 29166
},
"lease_terms": {
"effective_date": "2024-05-21",
"commencement_date": "2024-07-25",
"initial_term_months": 60,
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 64189.5,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.92%)",
"estimated_monthly_amount_usd": 9628.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.50%)",
"estimated_monthly_amount_usd": 6418.95
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 128379.0,
"late_payment_interest_rate_percent": 13.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"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-2024-4714
Status: Amended
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Francis-Lynch Properties, and the Tenant, Woodward-Wiley. 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 2024-08-06.
The subject of this lease concerns the Entire unit 41B in Building 5 at the property located at 62363 Woods Run Suite 133
Rowefurt, RI 65381. This Industrial facility consists of approximately 47652 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $72,828.14. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $145,656.28 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Woodward-Wiley 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 Francis-Lynch 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-2024-4714",
"parties": {
"lessor_details": {
"name": "Francis-Lynch Properties",
"entity_type": "Limited Partnership",
"address": "0815 Betty Vista Suite 136\nWest Katelyn, MS 22388"
},
"lessee_details": {
"name": "Woodward-Wiley",
"entity_type": "Corporation",
"address": "7017 Dawn Lock Apt. 279\nRamirezmouth, AS 68770"
}
},
"property_details": {
"address": "62363 Woods Run Suite 133\nRowefurt, RI 65381",
"property_type": "Industrial",
"lease_area_description": "Entire unit 41B in Building 5",
"square_footage_sqft": 47652
},
"lease_terms": {
"effective_date": "2024-08-06",
"commencement_date": "2024-09-06",
"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": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 72828.14,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.04%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.89%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 145656.28
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Francis-Lynch Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Francis-Lynch Properties",
"Cruz-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-2024-4992
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hickman, Rios and Jones Holdings, and the Tenant, Carpenter, Townsend 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 2024-02-14.
The subject of this lease concerns the Partial unit 9 in Building 9 at the property located at 9569 William Viaduct
Danielfurt, AR 97009. This Office facility consists of approximately 3544 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-04, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $16,426.44. This figure is scheduled for an annual increase based on a 3.64% escalation rate. A security deposit of $16,426.44 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 Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Carpenter, Townsend and Sherman 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 Hickman, Rios and Jones Holdings. Late payments of rent will accrue interest at a rate of 14.5% 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 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-2024-4992",
"parties": {
"lessor_details": {
"name": "Hickman, Rios and Jones Holdings",
"entity_type": "LLC",
"address": "56570 Mckinney Bypass\nAngelafurt, MA 14972"
},
"lessee_details": {
"name": "Carpenter, Townsend and Sherman",
"entity_type": "LLC",
"address": "85373 Bennett Parkways Apt. 490\nLefort, OH 22256"
}
},
"property_details": {
"address": "9569 William Viaduct\nDanielfurt, AR 97009",
"property_type": "Office",
"lease_area_description": "Partial unit 9 in Building 9",
"square_footage_sqft": 3544
},
"lease_terms": {
"effective_date": "2024-02-14",
"commencement_date": "2024-04-04",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"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": 180
}
],
"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": 16426.44,
"annual_escalation_rate_percent": 3.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.72%)",
"estimated_monthly_amount_usd": 2463.97
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 1642.64
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 16426.44,
"late_payment_interest_rate_percent": 14.5
},
"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": [
"Hickman, Rios and Jones Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hickman, Rios and Jones Holdings",
"Powell 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-2024-7271
Status: Under Review
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Clark, Andrews and Ward Holdings, and the Tenant, Williams-Mcpherson. 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 2024-05-29.
The subject of this lease concerns the Partial unit 35B in Building 6 at the property located at USS Garcia
FPO AE 87484. This Retail facility consists of approximately 31417 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 10 years. The Tenant's monthly obligation for base rent begins at $40,423.21. This figure is scheduled for an annual increase based on a 3.99% escalation rate. A security deposit of $80,846.42 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, Williams-Mcpherson 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, Andrews and Ward Holdings. 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-2024-7271",
"parties": {
"lessor_details": {
"name": "Clark, Andrews and Ward Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Williams-Mcpherson",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "USS Garcia\nFPO AE 87484",
"property_type": "Retail",
"lease_area_description": "Partial unit 35B in Building 6",
"square_footage_sqft": 31417
},
"lease_terms": {
"effective_date": "2024-05-29",
"commencement_date": "2024-08-10",
"initial_term_months": 120,
"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": 60,
"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": 40423.21,
"annual_escalation_rate_percent": 3.99,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.29%)",
"estimated_monthly_amount_usd": 6063.48
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 4042.32
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 80846.42,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Clark, Andrews and Ward Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Clark, Andrews and Ward Holdings",
"Chung-Jensen 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-2024-8080
Status: Under Review
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Grimes-Williams Properties, and the Tenant, Carrillo 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 2024-02-27.
The subject of this lease concerns the Entire floor 10A in Building 1 at the property located at 70985 Ward Lane Suite 152
Leahhaven, KY 10366. This Retail facility consists of approximately 44374 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-09, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $215,990.44. This figure is scheduled for an annual increase based on a 1.58% escalation rate. A security deposit of $431,980.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Carrillo 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 Grimes-Williams Properties. Late payments of rent will accrue interest at a rate of 13.5% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-8080",
"parties": {
"lessor_details": {
"name": "Grimes-Williams Properties",
"entity_type": "Limited Partnership",
"address": "4348 Nicole Loop\nLake Angelamouth, SD 54856"
},
"lessee_details": {
"name": "Carrillo Inc",
"entity_type": "Corporation",
"address": "007 Dean Fall Apt. 432\nKennethbury, FL 77428"
}
},
"property_details": {
"address": "70985 Ward Lane Suite 152\nLeahhaven, KY 10366",
"property_type": "Retail",
"lease_area_description": "Entire floor 10A in Building 1",
"square_footage_sqft": 44374
},
"lease_terms": {
"effective_date": "2024-02-27",
"commencement_date": "2024-04-09",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 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": 215990.44,
"annual_escalation_rate_percent": 1.58,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.89%)",
"estimated_monthly_amount_usd": 32398.57
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.64%)",
"estimated_monthly_amount_usd": 21599.04
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 431980.88,
"late_payment_interest_rate_percent": 13.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Grimes-Williams Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Grimes-Williams Properties",
"Williams-Mcfarland 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-2023-4501
Status: Executed
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Murphy, West and Smith Ventures, and the Tenant, Romero, Williams and Jenkins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-05.
The subject of this lease concerns the Partial suite 48 in Building 9 at the property located at 493 Wanda Camp Suite 597
Morrisland, WY 28677. 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 2024-01-28, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $30,055.26. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $30,055.26 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 is permitted subject to standard conditions.
Per section 10.1, Romero, Williams and Jenkins 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 Murphy, West and Smith Ventures. Late payments of rent will accrue interest at a rate of 6.8% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-4501",
"parties": {
"lessor_details": {
"name": "Murphy, West and Smith Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Romero, Williams and Jenkins",
"entity_type": "Corporation",
"address": "5374 Harris Hill\nHowardtown, RI 72058"
}
},
"property_details": {
"address": "493 Wanda Camp Suite 597\nMorrisland, WY 28677",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 48 in Building 9"
},
"lease_terms": {
"effective_date": "2023-11-05",
"commencement_date": "2024-01-28",
"initial_term_months": 36,
"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": 60,
"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": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 30055.26,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.48%)",
"estimated_monthly_amount_usd": 4508.29
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.68%)",
"estimated_monthly_amount_usd": 3005.53
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 30055.26,
"late_payment_interest_rate_percent": 6.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Murphy, West and Smith Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Murphy, West and Smith Ventures",
"Vincent-Peterson 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-2024-9713
Status: Executed
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, York Ltd Holdings, and the Tenant, Freeman, Fisher and Hanson. 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 2024-08-11.
The subject of this lease concerns the Partial suite 42A in Building 4 at the property located at USNV Robbins
FPO AP 78937. 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 2024-10-02, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $72,598.60. This figure is scheduled for an annual increase based on a 2.16% escalation rate. A security deposit of $72,598.60 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, Freeman, Fisher and Hanson 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 York Ltd Holdings. Late payments of rent will accrue interest at a rate of 9.5% 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-2024-9713",
"parties": {
"lessor_details": {
"name": "York Ltd Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Freeman, Fisher and Hanson",
"entity_type": "S-Corp",
"address": "683 Todd Village Apt. 488\nPorterfurt, FL 60319"
}
},
"property_details": {
"address": "USNV Robbins\nFPO AP 78937",
"property_type": "Industrial",
"lease_area_description": "Partial suite 42A in Building 4"
},
"lease_terms": {
"effective_date": "2024-08-11",
"commencement_date": "2024-10-02",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 72598.6,
"annual_escalation_rate_percent": 2.16,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.24%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.61%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 72598.6,
"late_payment_interest_rate_percent": 9.5
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"York Ltd Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"York Ltd Holdings",
"Jackson 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-2023-8550
Status: Amended
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown LLC Holdings, and the Tenant, Clark, Schaefer and Pacheco. 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 Entire floor 13B in Building 7 at the property located at 78308 Allen Highway
Wilsonton, NV 84538. This Mixed-Use facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $55,123.47. This figure is scheduled for an annual increase based on a 2.54% escalation rate. A security deposit of $110,246.94 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Clark, Schaefer and Pacheco 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 LLC Holdings. Late payments of rent will accrue interest at a rate of 8.7% 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-2023-8550",
"parties": {
"lessor_details": {
"name": "Brown LLC Holdings",
"entity_type": "Limited Partnership",
"address": "087 Darren Ramp Apt. 985\nWest Anthony, SC 18896"
},
"lessee_details": {
"name": "Clark, Schaefer and Pacheco",
"entity_type": "LLC",
"address": "048 Ana Harbor\nCathyton, SC 88098"
}
},
"property_details": {
"address": "78308 Allen Highway\nWilsonton, NV 84538",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 13B in Building 7"
},
"lease_terms": {
"effective_date": "2023-12-22",
"commencement_date": "2024-03-14",
"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": 55123.47,
"annual_escalation_rate_percent": 2.54,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.18%)",
"estimated_monthly_amount_usd": 8268.52
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.30%)",
"estimated_monthly_amount_usd": 5512.35
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 110246.94,
"late_payment_interest_rate_percent": 8.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Brown LLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Brown LLC Holdings",
"Cooley, Brown and Reed 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-2024-6425
Status: Draft
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcgrath-Clayton Holdings, and the Tenant, Cooper, Lewis and 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 2024-03-11.
The subject of this lease concerns the Entire suite 48A in Building 5 at the property located at 58311 Nicholas Fall
Autumnchester, PR 12300. This Retail facility consists of approximately 22743 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-25, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $71,773.12. This figure is scheduled for an annual increase based on a 3.43% escalation rate. A security deposit of $143,546.24 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, Cooper, Lewis and Williams 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 Mcgrath-Clayton Holdings. Late payments of rent will accrue interest at a rate of 12.3% 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-2024-6425",
"parties": {
"lessor_details": {
"name": "Mcgrath-Clayton Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Cooper, Lewis and Williams",
"entity_type": "S-Corp",
"address": "689 Miller Lakes Suite 101\nLewisshire, RI 53257"
}
},
"property_details": {
"address": "58311 Nicholas Fall\nAutumnchester, PR 12300",
"property_type": "Retail",
"lease_area_description": "Entire suite 48A in Building 5",
"square_footage_sqft": 22743
},
"lease_terms": {
"effective_date": "2024-03-11",
"commencement_date": "2024-05-25",
"initial_term_months": 84,
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 71773.12,
"annual_escalation_rate_percent": 3.43,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.23%)",
"estimated_monthly_amount_usd": 10765.97
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.17%)",
"estimated_monthly_amount_usd": 7177.31
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 143546.24,
"late_payment_interest_rate_percent": 12.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Mcgrath-Clayton Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Mcgrath-Clayton Holdings",
"Mason, Young and Soto 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-2024-8197
Status: Draft
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Walters-Villanueva Holdings, and the Tenant, Jones 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 2024-04-20.
The subject of this lease concerns the Partial floor 30 in Building 2 at the property located at 84732 Wells Field Apt. 716
Williambury, NH 28173. This Industrial facility consists of approximately 40893 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $201,329.87. This figure is scheduled for an annual increase based on a 2.87% escalation rate. A security deposit of $402,659.74 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, Jones 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 Walters-Villanueva Holdings. Late payments of rent will accrue interest at a rate of 5.2% 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-2024-8197",
"parties": {
"lessor_details": {
"name": "Walters-Villanueva Holdings",
"entity_type": "Limited Partnership",
"address": "507 Justin Branch\nWest Nicoleville, WA 32334"
},
"lessee_details": {
"name": "Jones Inc",
"entity_type": "LLC",
"address": "404 Melanie Crossroad\nEast Ashleyborough, OR 14601"
}
},
"property_details": {
"address": "84732 Wells Field Apt. 716\nWilliambury, NH 28173",
"property_type": "Industrial",
"lease_area_description": "Partial floor 30 in Building 2",
"square_footage_sqft": 40893
},
"lease_terms": {
"effective_date": "2024-04-20",
"commencement_date": "2024-07-14",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 201329.87,
"annual_escalation_rate_percent": 2.87,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.19%)",
"estimated_monthly_amount_usd": 30199.48
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.63%)",
"estimated_monthly_amount_usd": 20132.99
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 402659.74,
"late_payment_interest_rate_percent": 5.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Walters-Villanueva Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Walters-Villanueva Holdings",
"Silva 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-2024-9304
Status: Under Review
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Valentine, Cook and Harrison Ventures, and the Tenant, Boyd 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 2024-05-23.
The subject of this lease concerns the Entire unit 36B in Building 10 at the property located at PSC 0809, Box 4109
APO AA 46890. 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 2024-07-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $123,439.68. This figure is scheduled for an annual increase based on a 3.68% escalation rate. A security deposit of $123,439.68 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Boyd 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 Valentine, Cook and Harrison Ventures.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9304",
"parties": {
"lessor_details": {
"name": "Valentine, Cook and Harrison Ventures",
"entity_type": "Corporation",
"address": "6464 Berger Pine Suite 634\nLake Victoriamouth, AL 58848"
},
"lessee_details": {
"name": "Boyd PLC",
"entity_type": "LLC",
"address": "017 Wood Drive\nAmyfurt, MH 78532"
}
},
"property_details": {
"address": "PSC 0809, Box 4109\nAPO AA 46890",
"property_type": "Office",
"lease_area_description": "Entire unit 36B in Building 10"
},
"lease_terms": {
"effective_date": "2024-05-23",
"commencement_date": "2024-07-14",
"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": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 123439.68,
"annual_escalation_rate_percent": 3.68,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.21%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.83%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 123439.68
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Valentine, Cook and Harrison Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Valentine, Cook and Harrison Ventures",
"Perez, Lawrence and White 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-2023-4542
Status: Executed
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Walsh Ltd Ventures, and the Tenant, Morales, Hill and Hurst. 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 2023-12-15.
The subject of this lease concerns the Partial unit 19 in Building 6 at the property located at 284 Sandoval Expressway Suite 107
West Sharon, KY 88365. This Retail facility consists of approximately 4219 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $19,959.39. This figure is scheduled for an annual increase based on a 2.39% escalation rate. A security deposit of $39,918.78 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.
Note the existence of a Landlord Recapture Right 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-2023-4542",
"parties": {
"lessor_details": {
"name": "Walsh Ltd Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Morales, Hill and Hurst",
"entity_type": "LLC"
}
},
"property_details": {
"address": "284 Sandoval Expressway Suite 107\nWest Sharon, KY 88365",
"property_type": "Retail",
"lease_area_description": "Partial unit 19 in Building 6",
"square_footage_sqft": 4219
},
"lease_terms": {
"effective_date": "2023-12-15",
"commencement_date": "2023-12-26",
"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": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 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": 19959.39,
"annual_escalation_rate_percent": 2.39,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.69%)",
"estimated_monthly_amount_usd": 2993.91
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.75%)",
"estimated_monthly_amount_usd": 1995.94
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 39918.78
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"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-2023-1326
Status: Amended
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lee-Bautista Ventures, and the Tenant, Sparks-Mitchell. 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 2023-11-18.
The subject of this lease concerns the Entire floor 18A in Building 3 at the property located at 016 Hunter Glens Apt. 133
Lake Lisa, IA 59790. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-09, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $32,904.96. This figure is scheduled for an annual increase based on a 3.43% escalation rate. A security deposit of $32,904.96 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Sparks-Mitchell 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 Lee-Bautista Ventures. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1326",
"parties": {
"lessor_details": {
"name": "Lee-Bautista Ventures",
"entity_type": "LLC",
"address": "5286 Christopher Point Apt. 230\nPort Scott, OR 67510"
},
"lessee_details": {
"name": "Sparks-Mitchell",
"entity_type": "Corporation",
"address": "325 Riggs Mountains Apt. 134\nKaiserhaven, FM 34873"
}
},
"property_details": {
"address": "016 Hunter Glens Apt. 133\nLake Lisa, IA 59790",
"property_type": "Industrial",
"lease_area_description": "Entire floor 18A in Building 3"
},
"lease_terms": {
"effective_date": "2023-11-18",
"commencement_date": "2024-01-09",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 32904.96,
"annual_escalation_rate_percent": 3.43,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.15%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.67%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 32904.96
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Lee-Bautista Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Lee-Bautista Ventures",
"Torres 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-2024-5990
Status: Amended
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Shah-House Holdings, and the Tenant, Heath-Norman. 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 Partial unit 31A in Building 2 at the property located at 28873 Davis Landing
Raymondhaven, FM 30541. 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 2024-04-15, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $49,042.78. This figure is scheduled for an annual increase based on a 2.75% escalation rate. A security deposit of $49,042.78 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, Heath-Norman 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 Shah-House Holdings. Late payments of rent will accrue interest at a rate of 13.9% 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 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-2024-5990",
"parties": {
"lessor_details": {
"name": "Shah-House Holdings",
"entity_type": "Corporation",
"address": "465 Carrie Walks Suite 877\nPort Laurenland, UT 81156"
},
"lessee_details": {
"name": "Heath-Norman",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "28873 Davis Landing\nRaymondhaven, FM 30541",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 31A in Building 2"
},
"lease_terms": {
"effective_date": "2024-02-17",
"commencement_date": "2024-04-15",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 49042.78,
"annual_escalation_rate_percent": 2.75,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.61%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.11%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 49042.78,
"late_payment_interest_rate_percent": 13.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Shah-House Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Shah-House Holdings",
"Berry 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-2023-7283
Status: Amended
Governing Jurisdiction: Maryland
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones, Mitchell and Pugh LLC, and the Tenant, Combs LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-07.
The subject of this lease concerns the Partial floor 45B in Building 9 at the property located at Unit 7870 Box 8792
DPO AA 76236. This Industrial facility consists of approximately 10176 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-13, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $18,511.84. This figure is scheduled for an annual increase based on a 2.25% escalation rate. A security deposit of $18,511.84 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 requires Landlord's explicit consent.
Per section 10.1, Combs 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 Jones, Mitchell and Pugh LLC. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7283",
"parties": {
"lessor_details": {
"name": "Jones, Mitchell and Pugh LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Combs LLC",
"entity_type": "LLC",
"address": "54830 David Rapid Suite 615\nPort Denise, MD 94509"
}
},
"property_details": {
"address": "Unit 7870 Box 8792\nDPO AA 76236",
"property_type": "Industrial",
"lease_area_description": "Partial floor 45B in Building 9",
"square_footage_sqft": 10176
},
"lease_terms": {
"effective_date": "2023-12-07",
"commencement_date": "2024-01-13",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"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": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 18511.84,
"annual_escalation_rate_percent": 2.25,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.02%)",
"estimated_monthly_amount_usd": 2776.78
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.49%)",
"estimated_monthly_amount_usd": 1851.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 18511.84
},
"permitted_use": "Professional services 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": [
"Jones, Mitchell and Pugh LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jones, Mitchell and Pugh LLC",
"Vasquez 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-2023-9573
Status: Amended
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Woods LLC Ventures, and the Tenant, Petersen, Collins and Simpson. 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 1B in Building 2 at the property located at 5502 Wilkinson Streets
South Danielton, MH 20567. 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 2023-12-29, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $169,217.21. This figure is scheduled for an annual increase based on a 3.73% escalation rate. A security deposit of $338,434.42 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 15.5% per annum. Note the existence of a 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-2023-9573",
"parties": {
"lessor_details": {
"name": "Woods LLC Ventures",
"entity_type": "LLC",
"address": "0879 Sawyer Mountains\nOchoafort, NE 40051"
},
"lessee_details": {
"name": "Petersen, Collins and Simpson",
"entity_type": "S-Corp",
"address": "51928 Walter Keys\nRyanside, NC 85732"
}
},
"property_details": {
"address": "5502 Wilkinson Streets\nSouth Danielton, MH 20567",
"property_type": "Office",
"lease_area_description": "Partial floor 1B in Building 2"
},
"lease_terms": {
"effective_date": "2023-10-25",
"commencement_date": "2023-12-29",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "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": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 169217.21,
"annual_escalation_rate_percent": 3.73,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.67%)",
"estimated_monthly_amount_usd": 25382.58
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.95%)",
"estimated_monthly_amount_usd": 16921.72
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 338434.42,
"late_payment_interest_rate_percent": 15.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Alabama",
"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-2024-3380
Status: Draft
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kennedy-Jenkins LLC, and the Tenant, Lane-Larson. 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 floor 46B in Building 2 at the property located at Unit 5800 Box 2583
DPO AA 24778. 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 2024-05-27, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $41,320.71. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $82,641.42 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 6.6% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-3380",
"parties": {
"lessor_details": {
"name": "Kennedy-Jenkins LLC",
"entity_type": "Corporation",
"address": "4284 Davis Crossing\nCharleschester, WA 17511"
},
"lessee_details": {
"name": "Lane-Larson",
"entity_type": "LLC"
}
},
"property_details": {
"address": "Unit 5800 Box 2583\nDPO AA 24778",
"property_type": "Industrial",
"lease_area_description": "Entire floor 46B in Building 2"
},
"lease_terms": {
"effective_date": "2024-05-05",
"commencement_date": "2024-05-27",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "7 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": 41320.71,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.32%)",
"estimated_monthly_amount_usd": 6198.11
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.53%)",
"estimated_monthly_amount_usd": 4132.07
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 82641.42,
"late_payment_interest_rate_percent": 6.6
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-4471
Status: Amended
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Sawyer PLC LLC, and the Tenant, Hogan, Thomas and Warren. 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 2023-11-06.
The subject of this lease concerns the Entire unit 19 in Building 4 at the property located at 9732 Schwartz Way Suite 970
Lake Tina, TN 71567. This Industrial facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-27, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $133,629.32. This figure is scheduled for an annual increase based on a 2.95% escalation rate. A security deposit of $133,629.32 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Hogan, Thomas and Warren 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 PLC LLC. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-4471",
"parties": {
"lessor_details": {
"name": "Sawyer PLC LLC",
"entity_type": "LLC",
"address": "4109 Michael Lights Suite 636\nSouth Amanda, FM 34915"
},
"lessee_details": {
"name": "Hogan, Thomas and Warren",
"entity_type": "LLC",
"address": "4997 Kelly Stream\nSouth Jessicastad, FL 70684"
}
},
"property_details": {
"address": "9732 Schwartz Way Suite 970\nLake Tina, TN 71567",
"property_type": "Industrial",
"lease_area_description": "Entire unit 19 in Building 4"
},
"lease_terms": {
"effective_date": "2023-11-06",
"commencement_date": "2024-01-27",
"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": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 133629.32,
"annual_escalation_rate_percent": 2.95,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.03%)",
"estimated_monthly_amount_usd": 20044.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.61%)",
"estimated_monthly_amount_usd": 13362.93
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 133629.32
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Sawyer PLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Sawyer PLC LLC",
"Chase, Morales and Buchanan 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-2023-1520
Status: Under Review
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hamilton, Thomas and Davis Properties, and the Tenant, Lopez, Jackson and Woods. 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 2023-12-26.
The subject of this lease concerns the Partial floor 13A in Building 5 at the property located at 2378 Elizabeth Crossing Suite 090
Thorntonbury, OR 46723. This Warehouse facility consists of approximately 38196 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-11, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $63,532.68. This figure is scheduled for an annual increase based on a 1.73% escalation rate. A security deposit of $63,532.68 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Lopez, Jackson and Woods 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 Hamilton, Thomas and Davis Properties. Late payments of rent will accrue interest at a rate of 11.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2023-1520",
"parties": {
"lessor_details": {
"name": "Hamilton, Thomas and Davis Properties",
"entity_type": "Limited Partnership",
"address": "97033 Castillo Ranch Apt. 877\nSouth Teresabury, KY 13712"
},
"lessee_details": {
"name": "Lopez, Jackson and Woods",
"entity_type": "LLC",
"address": "51513 Hays Viaduct Suite 453\nPort Julieton, KY 95295"
}
},
"property_details": {
"address": "2378 Elizabeth Crossing Suite 090\nThorntonbury, OR 46723",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 13A in Building 5",
"square_footage_sqft": 38196
},
"lease_terms": {
"effective_date": "2023-12-26",
"commencement_date": "2024-03-11",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"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": "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": 63532.68,
"annual_escalation_rate_percent": 1.73,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.22%)",
"estimated_monthly_amount_usd": 9529.9
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.05%)",
"estimated_monthly_amount_usd": 6353.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 63532.68,
"late_payment_interest_rate_percent": 11.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Missouri",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Hamilton, Thomas and Davis Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Hamilton, Thomas and Davis Properties",
"Washington-Tapia 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-2024-8508
Status: Executed
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams, Stevens and Gonzales Holdings, and the Tenant, Humphrey, Ross and Johnson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-30.
The subject of this lease concerns the Entire floor 39B in Building 3 at the property located at 2865 Megan Groves
New Justinhaven, AK 97555. This Mixed-Use facility consists of approximately 4035 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $8,560.92. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $8,560.92 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Humphrey, Ross and Johnson is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Williams, Stevens and Gonzales Holdings. Late payments of rent will accrue interest at a rate of 7.8% 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-2024-8508",
"parties": {
"lessor_details": {
"name": "Williams, Stevens and Gonzales Holdings",
"entity_type": "Corporation",
"address": "84013 Black Creek\nAshleyside, LA 42996"
},
"lessee_details": {
"name": "Humphrey, Ross and Johnson",
"entity_type": "LLC",
"address": "766 Carter Ports Apt. 646\nWest Kimberly, VA 91083"
}
},
"property_details": {
"address": "2865 Megan Groves\nNew Justinhaven, AK 97555",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 39B in Building 3",
"square_footage_sqft": 4035
},
"lease_terms": {
"effective_date": "2024-05-30",
"commencement_date": "2024-08-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 8560.92,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.26%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.51%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 8560.92,
"late_payment_interest_rate_percent": 7.8
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Williams, Stevens and Gonzales Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Williams, Stevens and Gonzales Holdings",
"Figueroa-Washington 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-2024-2859
Status: Amended
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Meyers Inc Ventures, and the Tenant, Powers, Sherman and Snyder. 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 2024-07-07.
The subject of this lease concerns the Entire unit 38A in Building 4 at the property located at Unit 6428 Box 1615
DPO AA 59840. This Office facility consists of approximately 37537 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-16, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $163,849.01. This figure is scheduled for an annual increase based on a 2.53% escalation rate. A security deposit of $327,698.02 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 Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Powers, Sherman and Snyder 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 Meyers Inc Ventures. Late payments of rent will accrue interest at a rate of 5.9% 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-2024-2859",
"parties": {
"lessor_details": {
"name": "Meyers Inc Ventures",
"entity_type": "LLC",
"address": "0492 Kenneth Circle\nBrianberg, SD 73366"
},
"lessee_details": {
"name": "Powers, Sherman and Snyder",
"entity_type": "Corporation",
"address": "84225 Christine Unions\nWest Richard, MA 59501"
}
},
"property_details": {
"address": "Unit 6428 Box 1615\nDPO AA 59840",
"property_type": "Office",
"lease_area_description": "Entire unit 38A in Building 4",
"square_footage_sqft": 37537
},
"lease_terms": {
"effective_date": "2024-07-07",
"commencement_date": "2024-08-16",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"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."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 163849.01,
"annual_escalation_rate_percent": 2.53,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.94%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.36%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 327698.02,
"late_payment_interest_rate_percent": 5.9
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Meyers Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Meyers Inc Ventures",
"Hendricks 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-2024-2777
Status: Executed
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, King, Bass and Soto LLC, and the Tenant, Mcdonald 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 2024-07-26.
The subject of this lease concerns the Entire unit 4 in Building 6 at the property located at 9519 Mcdaniel Prairie
Lake Jamesmouth, NV 33910. This Retail facility consists of approximately 33485 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $97,720.39. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $195,440.78 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
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-2024-2777",
"parties": {
"lessor_details": {
"name": "King, Bass and Soto LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Mcdonald Group",
"entity_type": "LLC",
"address": "8657 Wood Island Apt. 108\nColemanfort, TX 38051"
}
},
"property_details": {
"address": "9519 Mcdaniel Prairie\nLake Jamesmouth, NV 33910",
"property_type": "Retail",
"lease_area_description": "Entire unit 4 in Building 6",
"square_footage_sqft": 33485
},
"lease_terms": {
"effective_date": "2024-07-26",
"commencement_date": "2024-10-23",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 97720.39,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.57%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.50%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 195440.78
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"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-2024-8972
Status: Under Review
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wright Inc Properties, and the Tenant, Collins-Burke. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-25.
The subject of this lease concerns the Partial suite 47A in Building 10 at the property located at 465 Evans Tunnel Suite 303
North Michael, LA 03685. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-06, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $85,771.96. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $85,771.96 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
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 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-2024-8972",
"parties": {
"lessor_details": {
"name": "Wright Inc Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Collins-Burke",
"entity_type": "LLC"
}
},
"property_details": {
"address": "465 Evans Tunnel Suite 303\nNorth Michael, LA 03685",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 47A in Building 10"
},
"lease_terms": {
"effective_date": "2024-04-25",
"commencement_date": "2024-07-06",
"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": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 85771.96,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.88%)",
"estimated_monthly_amount_usd": 12865.79
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.36%)",
"estimated_monthly_amount_usd": 8577.2
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 85771.96,
"late_payment_interest_rate_percent": 11.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Delaware",
"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-2024-5210
Status: Draft
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Carpenter, Armstrong and Curry Properties, and the Tenant, Ross, Richardson and Page. 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 2024-05-19.
The subject of this lease concerns the Partial floor 30A in Building 2 at the property located at 2864 Randall Mews
Barbarashire, IL 71954. 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 2024-07-12, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $92,939.71. This figure is scheduled for an annual increase based on a 3.04% escalation rate. A security deposit of $185,879.42 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ross, Richardson and Page 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 Carpenter, Armstrong and Curry Properties. 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 60 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5210",
"parties": {
"lessor_details": {
"name": "Carpenter, Armstrong and Curry Properties",
"entity_type": "LLC",
"address": "88923 Simpson Inlet\nNorth Jennifer, WY 19809"
},
"lessee_details": {
"name": "Ross, Richardson and Page",
"entity_type": "LLC",
"address": "060 George Route Apt. 673\nWadechester, AK 46913"
}
},
"property_details": {
"address": "2864 Randall Mews\nBarbarashire, IL 71954",
"property_type": "Industrial",
"lease_area_description": "Partial floor 30A in Building 2"
},
"lease_terms": {
"effective_date": "2024-05-19",
"commencement_date": "2024-07-12",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 92939.71,
"annual_escalation_rate_percent": 3.04,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.07%)",
"estimated_monthly_amount_usd": 13940.96
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.58%)",
"estimated_monthly_amount_usd": 9293.97
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 185879.42,
"late_payment_interest_rate_percent": 10.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Carpenter, Armstrong and Curry Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Carpenter, Armstrong and Curry Properties",
"Martinez 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-2024-1680
Status: Draft
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fletcher, Stewart and Morris Holdings, and the Tenant, Jones 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 2024-02-17.
The subject of this lease concerns the Partial floor 21 in Building 3 at the property located at 980 Jennifer Road Suite 337
Grayburgh, VT 32760. This Office facility consists of approximately 46891 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-27, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $207,336.37. This figure is scheduled for an annual increase based on a 3.13% escalation rate. A security deposit of $207,336.37 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Jones 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 Fletcher, Stewart and Morris Holdings. Late payments of rent will accrue interest at a rate of 5.0% 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-2024-1680",
"parties": {
"lessor_details": {
"name": "Fletcher, Stewart and Morris Holdings",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Jones and Sons",
"entity_type": "Corporation",
"address": "29889 Rivers Overpass\nRaymondhaven, ND 80016"
}
},
"property_details": {
"address": "980 Jennifer Road Suite 337\nGrayburgh, VT 32760",
"property_type": "Office",
"lease_area_description": "Partial floor 21 in Building 3",
"square_footage_sqft": 46891
},
"lease_terms": {
"effective_date": "2024-02-17",
"commencement_date": "2024-04-27",
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 207336.37,
"annual_escalation_rate_percent": 3.13,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.90%)",
"estimated_monthly_amount_usd": 31100.46
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.33%)",
"estimated_monthly_amount_usd": 20733.64
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 207336.37,
"late_payment_interest_rate_percent": 5.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Fletcher, Stewart and Morris Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fletcher, Stewart and Morris Holdings",
"Lee-Stevens 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-2024-4847
Status: Executed
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, King-Thompson Ventures, and the Tenant, Bush, Andrews and Reese. 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 2024-02-28.
The subject of this lease concerns the Entire suite 40B in Building 6 at the property located at 08303 Davis Freeway Apt. 161
West Destinyport, IA 80630. This Mixed-Use facility consists of approximately 9362 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-20, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $45,741.17. This figure is scheduled for an annual increase based on a 2.09% escalation rate. A security deposit of $91,482.34 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Bush, Andrews and Reese is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including King-Thompson Ventures. Late payments of rent will accrue interest at a rate of 15.0% 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-2024-4847",
"parties": {
"lessor_details": {
"name": "King-Thompson Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Bush, Andrews and Reese",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "08303 Davis Freeway Apt. 161\nWest Destinyport, IA 80630",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 40B in Building 6",
"square_footage_sqft": 9362
},
"lease_terms": {
"effective_date": "2024-02-28",
"commencement_date": "2024-04-20",
"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%"
},
{
"option_number": 2,
"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": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 45741.17,
"annual_escalation_rate_percent": 2.09,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.52%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.21%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 91482.34,
"late_payment_interest_rate_percent": 15.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"King-Thompson Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"King-Thompson Ventures",
"Flores, Barr and Moss 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-2024-2162
Status: Under Review
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mann-Drake Holdings, and the Tenant, Small, Mejia and Mendoza. 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 2024-04-26.
The subject of this lease concerns the Entire unit 46 in Building 3 at the property located at 04193 Victoria Vista
Kellyshire, VT 07874. This Industrial facility consists of approximately 44952 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $205,468.10. This figure is scheduled for an annual increase based on a 2.32% escalation rate. A security deposit of $205,468.10 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.
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-2024-2162",
"parties": {
"lessor_details": {
"name": "Mann-Drake Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Small, Mejia and Mendoza",
"entity_type": "S-Corp",
"address": "02165 Jones Drive Apt. 868\nPort Jennifershire, AR 47680"
}
},
"property_details": {
"address": "04193 Victoria Vista\nKellyshire, VT 07874",
"property_type": "Industrial",
"lease_area_description": "Entire unit 46 in Building 3",
"square_footage_sqft": 44952
},
"lease_terms": {
"effective_date": "2024-04-26",
"commencement_date": "2024-06-02",
"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": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 205468.1,
"annual_escalation_rate_percent": 2.32,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.30%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.84%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 205468.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"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-2023-4382
Status: Draft
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Carter-Pacheco Ventures, and the Tenant, Stevens Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-14.
The subject of this lease concerns the Partial unit 22B in Building 4 at the property located at 221 Eaton Flat Apt. 562
New Derekshire, NC 06820. This Office facility consists of approximately 42010 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-21, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $80,379.13. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $160,758.26 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, Stevens 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 Carter-Pacheco Ventures. Late payments of rent will accrue interest at a rate of 10.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-4382",
"parties": {
"lessor_details": {
"name": "Carter-Pacheco Ventures",
"entity_type": "LLC",
"address": "5428 Daniel Square\nMichaelmouth, ND 93339"
},
"lessee_details": {
"name": "Stevens Group",
"entity_type": "LLC",
"address": "62415 Smith Mission Apt. 217\nNew Heatherburgh, AR 49613"
}
},
"property_details": {
"address": "221 Eaton Flat Apt. 562\nNew Derekshire, NC 06820",
"property_type": "Office",
"lease_area_description": "Partial unit 22B in Building 4",
"square_footage_sqft": 42010
},
"lease_terms": {
"effective_date": "2023-09-14",
"commencement_date": "2023-09-21",
"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%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "10 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": 80379.13,
"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": 12056.87
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.11%)",
"estimated_monthly_amount_usd": 8037.91
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 160758.26,
"late_payment_interest_rate_percent": 10.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Carter-Pacheco Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Carter-Pacheco Ventures",
"Huang-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-2024-4817
Status: Under Review
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson LLC LLC, and the Tenant, Ortiz-Sanders. 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 suite 37B in Building 1 at the property located at 77953 Obrien Ford
Chelseyhaven, AR 35164. This Mixed-Use facility consists of approximately 23733 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-13, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $110,378.23. This figure is scheduled for an annual increase based on a 2.2% escalation rate. A security deposit of $110,378.23 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ortiz-Sanders is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Johnson LLC LLC. Late payments of rent will accrue interest at a rate of 7.7% 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 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-2024-4817",
"parties": {
"lessor_details": {
"name": "Johnson LLC LLC",
"entity_type": "LLC",
"address": "USS Jones\nFPO AA 58778"
},
"lessee_details": {
"name": "Ortiz-Sanders",
"entity_type": "LLC"
}
},
"property_details": {
"address": "77953 Obrien Ford\nChelseyhaven, AR 35164",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 37B in Building 1",
"square_footage_sqft": 23733
},
"lease_terms": {
"effective_date": "2024-07-13",
"commencement_date": "2024-09-13",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 110378.23,
"annual_escalation_rate_percent": 2.2,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.48%)",
"estimated_monthly_amount_usd": 16556.73
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.50%)",
"estimated_monthly_amount_usd": 11037.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 110378.23,
"late_payment_interest_rate_percent": 7.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Johnson LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Johnson LLC LLC",
"Castillo, Thomas and Hensley 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-2024-7964
Status: Amended
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fernandez-Short Inc., and the Tenant, Garza-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 2024-06-21.
The subject of this lease concerns the Entire suite 24A in Building 4 at the property located at 58654 Alexander Plains
Stevenfort, ME 06791. This Warehouse facility consists of approximately 41610 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-04, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $146,189.80. This figure is scheduled for an annual increase based on a 2.88% escalation rate. A security deposit of $292,379.60 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, Garza-Molina 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 Fernandez-Short Inc.. Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-7964",
"parties": {
"lessor_details": {
"name": "Fernandez-Short Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Garza-Molina",
"entity_type": "LLC",
"address": "USCGC Jones\nFPO AE 26523"
}
},
"property_details": {
"address": "58654 Alexander Plains\nStevenfort, ME 06791",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 24A in Building 4",
"square_footage_sqft": 41610
},
"lease_terms": {
"effective_date": "2024-06-21",
"commencement_date": "2024-07-04",
"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": 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": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 146189.8,
"annual_escalation_rate_percent": 2.88,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.96%)",
"estimated_monthly_amount_usd": 21928.47
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.92%)",
"estimated_monthly_amount_usd": 14618.98
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 292379.6,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Light manufacturing and assembly 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": [
"Fernandez-Short Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fernandez-Short Inc.",
"Hunter, Hendrix and Young Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5576
Status: Executed
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Flores, Jordan and Contreras Properties, and the Tenant, Moreno PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-12.
The subject of this lease concerns the Entire unit 3B in Building 3 at the property located at 6275 Courtney Bypass Apt. 666
South Kimberly, NY 21098. This Warehouse facility consists of approximately 30426 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-12, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $105,755.71. This figure is scheduled for an annual increase based on a 2.79% escalation rate. A security deposit of $211,511.42 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Moreno 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 Flores, Jordan and Contreras Properties. Late payments of rent will accrue interest at a rate of 8.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5576",
"parties": {
"lessor_details": {
"name": "Flores, Jordan and Contreras Properties",
"entity_type": "LLC",
"address": "505 Kaufman Route\nSarahhaven, NC 67225"
},
"lessee_details": {
"name": "Moreno PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "6275 Courtney Bypass Apt. 666\nSouth Kimberly, NY 21098",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 3B in Building 3",
"square_footage_sqft": 30426
},
"lease_terms": {
"effective_date": "2023-10-12",
"commencement_date": "2023-10-12",
"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%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 105755.71,
"annual_escalation_rate_percent": 2.79,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.07%)",
"estimated_monthly_amount_usd": 15863.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.57%)",
"estimated_monthly_amount_usd": 10575.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 211511.42,
"late_payment_interest_rate_percent": 8.1
},
"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": [
"Flores, Jordan and Contreras Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Flores, Jordan and Contreras Properties",
"Jackson 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-2024-3467
Status: Under Review
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Phillips LLC LLC, and the Tenant, Jones-Peterson. 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 16B in Building 10 at the property located at 18632 Gerald Ranch Apt. 793
Stevensland, VI 83413. This Mixed-Use facility consists of approximately 34402 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-15, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $57,537.35. This figure is scheduled for an annual increase based on a 3.38% escalation rate. A security deposit of $115,074.70 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Jones-Peterson 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 Phillips LLC LLC. Late payments of rent will accrue interest at a rate of 12.8% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-3467",
"parties": {
"lessor_details": {
"name": "Phillips LLC LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Jones-Peterson",
"entity_type": "LLC",
"address": "Unit 8620 Box 0874\nDPO AP 78084"
}
},
"property_details": {
"address": "18632 Gerald Ranch Apt. 793\nStevensland, VI 83413",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 16B in Building 10",
"square_footage_sqft": 34402
},
"lease_terms": {
"effective_date": "2024-03-15",
"commencement_date": "2024-03-15",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 57537.35,
"annual_escalation_rate_percent": 3.38,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.17%)",
"estimated_monthly_amount_usd": 8630.6
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.77%)",
"estimated_monthly_amount_usd": 5753.74
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 115074.7,
"late_payment_interest_rate_percent": 12.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Phillips LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Phillips LLC LLC",
"Fernandez-Vega 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-2024-4447
Status: Amended
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Adams Inc Properties, and the Tenant, Cantu-Doyle. 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 2024-04-03.
The subject of this lease concerns the Partial floor 25A in Building 3 at the property located at 22460 Elijah Well
Port Gregoryview, NV 17725. 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 2024-05-30, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $123,563.60. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $123,563.60 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, Cantu-Doyle 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 Adams Inc Properties. 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 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-2024-4447",
"parties": {
"lessor_details": {
"name": "Adams Inc Properties",
"entity_type": "Limited Partnership",
"address": "60559 Sharon Greens\nPort Garyburgh, PW 26996"
},
"lessee_details": {
"name": "Cantu-Doyle",
"entity_type": "LLC",
"address": "820 Day Unions\nLake Tiffany, IN 85618"
}
},
"property_details": {
"address": "22460 Elijah Well\nPort Gregoryview, NV 17725",
"property_type": "Retail",
"lease_area_description": "Partial floor 25A in Building 3"
},
"lease_terms": {
"effective_date": "2024-04-03",
"commencement_date": "2024-05-30",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 123563.6,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.42%)",
"estimated_monthly_amount_usd": 18534.54
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.66%)",
"estimated_monthly_amount_usd": 12356.36
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 123563.6,
"late_payment_interest_rate_percent": 11.8
},
"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": [
"Adams Inc Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Adams Inc Properties",
"Morse-Washington 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-2024-6758
Status: Executed
Governing Jurisdiction: Maryland
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wong-Conner Holdings, and the Tenant, Benson 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 2024-08-10.
The subject of this lease concerns the Entire floor 17B in Building 1 at the property located at 2507 Christopher Mills
New Gary, MO 42332. 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 2024-08-31, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $37,392.23. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $74,784.46 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.
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-2024-6758",
"parties": {
"lessor_details": {
"name": "Wong-Conner Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Benson and Sons",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "2507 Christopher Mills\nNew Gary, MO 42332",
"property_type": "Retail",
"lease_area_description": "Entire floor 17B in Building 1"
},
"lease_terms": {
"effective_date": "2024-08-10",
"commencement_date": "2024-08-31",
"initial_term_months": 120,
"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": "3 months' rent plus unamortized transaction costs."
},
{
"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": 37392.23,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.21%)",
"estimated_monthly_amount_usd": 5608.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.74%)",
"estimated_monthly_amount_usd": 3739.22
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 74784.46
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Maryland",
"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-2023-5465
Status: Amended
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown-Barrett Properties, and the Tenant, Nelson-Richardson. 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 2023-10-17.
The subject of this lease concerns the Entire unit 49A in Building 7 at the property located at 0548 Louis Ports
Adamsstad, GA 55954. 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 2023-11-17, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $137,954.36. This figure is scheduled for an annual increase based on a 2.46% escalation rate. A security deposit of $275,908.72 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2023-5465",
"parties": {
"lessor_details": {
"name": "Brown-Barrett Properties",
"entity_type": "Corporation",
"address": "296 Simon View\nChadport, MA 73789"
},
"lessee_details": {
"name": "Nelson-Richardson",
"entity_type": "LLC"
}
},
"property_details": {
"address": "0548 Louis Ports\nAdamsstad, GA 55954",
"property_type": "Retail",
"lease_area_description": "Entire unit 49A in Building 7"
},
"lease_terms": {
"effective_date": "2023-10-17",
"commencement_date": "2023-11-17",
"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": 90
},
{
"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": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 137954.36,
"annual_escalation_rate_percent": 2.46,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.80%)",
"estimated_monthly_amount_usd": 20693.15
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.78%)",
"estimated_monthly_amount_usd": 13795.44
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 275908.72
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Florida",
"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-2023-6378
Status: Amended
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Espinoza Inc LLC, and the Tenant, Adams, Johnson and West. 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 2023-10-18.
The subject of this lease concerns the Entire unit 34B in Building 4 at the property located at 724 Callahan Stravenue
South Diane, ME 38951. This Office facility consists of approximately 49725 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-24, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $129,077.81. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $258,155.62 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Adams, Johnson and West 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 Espinoza Inc LLC. Late payments of rent will accrue interest at a rate of 8.2% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-6378",
"parties": {
"lessor_details": {
"name": "Espinoza Inc LLC",
"entity_type": "LLC",
"address": "4788 Zachary Plaza Apt. 172\nEast Ronald, TX 21158"
},
"lessee_details": {
"name": "Adams, Johnson and West",
"entity_type": "LLC",
"address": "0943 David View Apt. 963\nDennisstad, NH 76513"
}
},
"property_details": {
"address": "724 Callahan Stravenue\nSouth Diane, ME 38951",
"property_type": "Office",
"lease_area_description": "Entire unit 34B in Building 4",
"square_footage_sqft": 49725
},
"lease_terms": {
"effective_date": "2023-10-18",
"commencement_date": "2023-12-24",
"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": 60,
"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": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 129077.81,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.57%)",
"estimated_monthly_amount_usd": 19361.67
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.60%)",
"estimated_monthly_amount_usd": 12907.78
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 258155.62,
"late_payment_interest_rate_percent": 8.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Espinoza Inc LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Espinoza Inc LLC",
"White, Crawford 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-2024-8336
Status: Executed
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Davis, Mitchell and Hawkins Inc., and the Tenant, Weaver 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 2024-05-07.
The subject of this lease concerns the Entire floor 43A in Building 6 at the property located at 84571 Black Land
Howardbury, NE 76408. This Retail facility consists of approximately 21989 rentable square feet and is designated for the purpose of Professional services 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 $84,492.73. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $168,985.46 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Weaver 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 Davis, Mitchell and Hawkins Inc.. Late payments of rent will accrue interest at a rate of 8.2% 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-2024-8336",
"parties": {
"lessor_details": {
"name": "Davis, Mitchell and Hawkins Inc.",
"entity_type": "LLC",
"address": "8965 Gutierrez Glen Suite 452\nCastilloshire, GA 94316"
},
"lessee_details": {
"name": "Weaver Group",
"entity_type": "S-Corp",
"address": "6260 Rodriguez Villages Suite 405\nLake Kathryn, KY 86018"
}
},
"property_details": {
"address": "84571 Black Land\nHowardbury, NE 76408",
"property_type": "Retail",
"lease_area_description": "Entire floor 43A in Building 6",
"square_footage_sqft": 21989
},
"lease_terms": {
"effective_date": "2024-05-07",
"commencement_date": "2024-05-24",
"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": "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": 84492.73,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.76%)",
"estimated_monthly_amount_usd": 12673.91
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.00%)",
"estimated_monthly_amount_usd": 8449.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 168985.46,
"late_payment_interest_rate_percent": 8.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Davis, Mitchell and Hawkins Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Davis, Mitchell and Hawkins Inc.",
"Peterson-Oneill 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-2024-2082
Status: Amended
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Diaz Inc Properties, and the Tenant, Cantu, Scott 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 2024-01-10.
The subject of this lease concerns the Entire unit 4A in Building 7 at the property located at 39070 Lisa Parkway
Lake Stephen, HI 45290. This Mixed-Use facility consists of approximately 39253 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-11, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $88,548.23. This figure is scheduled for an annual increase based on a 2.71% escalation rate. A security deposit of $88,548.23 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 requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 16.8% 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 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-2024-2082",
"parties": {
"lessor_details": {
"name": "Diaz Inc Properties",
"entity_type": "Corporation",
"address": "10212 Brian Spring\nDanielville, NV 66960"
},
"lessee_details": {
"name": "Cantu, Scott and Vasquez",
"entity_type": "Corporation",
"address": "Unit 6406 Box 5954\nDPO AE 00890"
}
},
"property_details": {
"address": "39070 Lisa Parkway\nLake Stephen, HI 45290",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 4A in Building 7",
"square_footage_sqft": 39253
},
"lease_terms": {
"effective_date": "2024-01-10",
"commencement_date": "2024-02-11",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"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": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "10 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": 88548.23,
"annual_escalation_rate_percent": 2.71,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.47%)",
"estimated_monthly_amount_usd": 13282.23
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.20%)",
"estimated_monthly_amount_usd": 8854.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 88548.23,
"late_payment_interest_rate_percent": 16.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Indiana",
"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-2024-1921
Status: Under Review
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Chang-Harris Inc., and the Tenant, Hancock Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-24.
The subject of this lease concerns the Entire floor 8 in Building 10 at the property located at 68170 Kenneth Ports
South Susanview, AL 15434. 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 2024-04-05, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $34,764.62. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $69,529.24 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.
Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1921",
"parties": {
"lessor_details": {
"name": "Chang-Harris Inc.",
"entity_type": "Corporation",
"address": "10284 Jeremy Canyon Suite 933\nRyanberg, KY 28446"
},
"lessee_details": {
"name": "Hancock Inc",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "68170 Kenneth Ports\nSouth Susanview, AL 15434",
"property_type": "Retail",
"lease_area_description": "Entire floor 8 in Building 10"
},
"lease_terms": {
"effective_date": "2024-03-24",
"commencement_date": "2024-04-05",
"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": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"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": 34764.62,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.54%)",
"estimated_monthly_amount_usd": 5214.69
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.36%)",
"estimated_monthly_amount_usd": 3476.46
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 69529.24
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Arizona",
"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-2023-1149
Status: Amended
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Sims-Grant Holdings, and the Tenant, Diaz, Carlson and Peters. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-10.
The subject of this lease concerns the Entire unit 26A in Building 6 at the property located at 890 Courtney Overpass Apt. 694
Catherinehaven, PA 92447. This Office 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 2023-12-29, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $109,411.84. This figure is scheduled for an annual increase based on a 2.71% escalation rate. A security deposit of $218,823.68 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 Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1149",
"parties": {
"lessor_details": {
"name": "Sims-Grant Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Diaz, Carlson and Peters",
"entity_type": "LLC"
}
},
"property_details": {
"address": "890 Courtney Overpass Apt. 694\nCatherinehaven, PA 92447",
"property_type": "Office",
"lease_area_description": "Entire unit 26A in Building 6"
},
"lease_terms": {
"effective_date": "2023-11-10",
"commencement_date": "2023-12-29",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "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": 109411.84,
"annual_escalation_rate_percent": 2.71,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.45%)",
"estimated_monthly_amount_usd": 16411.78
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.39%)",
"estimated_monthly_amount_usd": 10941.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 218823.68
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"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-2024-1088
Status: Draft
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor, Garcia and Williamson Properties, and the Tenant, Pearson 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 Partial floor 20 in Building 4 at the property located at 3793 Davis Harbors Suite 675
Lake James, MN 72483. This Mixed-Use facility consists of approximately 49052 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $167,716.96. This figure is scheduled for an annual increase based on a 1.57% escalation rate. A security deposit of $335,433.92 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Pearson 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 Taylor, Garcia and Williamson Properties. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1088",
"parties": {
"lessor_details": {
"name": "Taylor, Garcia and Williamson Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Pearson Inc",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "3793 Davis Harbors Suite 675\nLake James, MN 72483",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 20 in Building 4",
"square_footage_sqft": 49052
},
"lease_terms": {
"effective_date": "2024-02-07",
"commencement_date": "2024-03-06",
"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": 365
}
],
"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": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 167716.96,
"annual_escalation_rate_percent": 1.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.13%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.67%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 335433.92
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Taylor, Garcia and Williamson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Taylor, Garcia and Williamson Properties",
"Hunter-Simon 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-2024-8310
Status: Amended
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Holland LLC Ventures, and the Tenant, Hodges LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-29.
The subject of this lease concerns the Entire unit 26A in Building 10 at the property located at 65391 Eaton Hill
Port John, TN 83550. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-29, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $81,992.40. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $163,984.80 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Hodges LLC is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Holland LLC Ventures. Late payments of rent will accrue interest at a rate of 12.9% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8310",
"parties": {
"lessor_details": {
"name": "Holland LLC Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Hodges LLC",
"entity_type": "Corporation",
"address": "65007 Ana Village\nAshleystad, RI 09339"
}
},
"property_details": {
"address": "65391 Eaton Hill\nPort John, TN 83550",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 26A in Building 10"
},
"lease_terms": {
"effective_date": "2024-03-29",
"commencement_date": "2024-03-29",
"initial_term_months": 84,
"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": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 81992.4,
"annual_escalation_rate_percent": 1.5,
"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 (15.29%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 163984.8,
"late_payment_interest_rate_percent": 12.9
},
"permitted_use": "Retail sales of goods 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": [
"Holland LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Holland LLC Ventures",
"Thomas-Ward 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-2023-7124
Status: Amended
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jensen-Williams LLC, and the Tenant, Russell-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 2023-08-23.
The subject of this lease concerns the Entire unit 26A in Building 1 at the property located at 72279 Amy Points
Lake Janicemouth, PA 82795. This Retail facility consists of approximately 10799 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-18, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $26,259.57. This figure is scheduled for an annual increase based on a 3.63% escalation rate. A security deposit of $26,259.57 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, Russell-Davis 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 Jensen-Williams LLC. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7124",
"parties": {
"lessor_details": {
"name": "Jensen-Williams LLC",
"entity_type": "Limited Partnership",
"address": "10784 Holly Keys Apt. 108\nMarcusview, GU 55690"
},
"lessee_details": {
"name": "Russell-Davis",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "72279 Amy Points\nLake Janicemouth, PA 82795",
"property_type": "Retail",
"lease_area_description": "Entire unit 26A in Building 1",
"square_footage_sqft": 10799
},
"lease_terms": {
"effective_date": "2023-08-23",
"commencement_date": "2023-09-18",
"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": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 26259.57,
"annual_escalation_rate_percent": 3.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.95%)",
"estimated_monthly_amount_usd": 3938.94
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.71%)",
"estimated_monthly_amount_usd": 2625.96
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 26259.57
},
"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": [
"Jensen-Williams LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Jensen-Williams LLC",
"Mccall 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-2023-5781
Status: Draft
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Simon, Parsons and Parrish Inc., and the Tenant, Campbell, Cole 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 2023-11-30.
The subject of this lease concerns the Entire floor 42 in Building 7 at the property located at 30938 Oconnell Dale Suite 528
West Derekmouth, ME 95861. This Office facility consists of approximately 38917 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $146,133.34. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $146,133.34 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.
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-2023-5781",
"parties": {
"lessor_details": {
"name": "Simon, Parsons and Parrish Inc.",
"entity_type": "LLC",
"address": "74011 Rocha Ports Apt. 421\nWhitehaven, GA 56189"
},
"lessee_details": {
"name": "Campbell, Cole and Cooper",
"entity_type": "Corporation",
"address": "708 Anthony Isle\nMichaelland, NC 88112"
}
},
"property_details": {
"address": "30938 Oconnell Dale Suite 528\nWest Derekmouth, ME 95861",
"property_type": "Office",
"lease_area_description": "Entire floor 42 in Building 7",
"square_footage_sqft": 38917
},
"lease_terms": {
"effective_date": "2023-11-30",
"commencement_date": "2024-01-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 146133.34,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.33%)",
"estimated_monthly_amount_usd": 21920.0
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.69%)",
"estimated_monthly_amount_usd": 14613.33
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 146133.34
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Vermont",
"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-2024-8567
Status: Amended
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ward-Jimenez Holdings, and the Tenant, Bauer 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 2024-07-10.
The subject of this lease concerns the Entire floor 31A in Building 2 at the property located at 49560 Williams Station Suite 867
Reyesstad, IN 20752. This Retail facility consists of approximately 22689 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-12, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $81,926.20. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $81,926.20 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, Bauer 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 Ward-Jimenez Holdings. 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-2024-8567",
"parties": {
"lessor_details": {
"name": "Ward-Jimenez Holdings",
"entity_type": "Corporation",
"address": "USCGC Harrison\nFPO AA 77622"
},
"lessee_details": {
"name": "Bauer Group",
"entity_type": "Corporation",
"address": "589 Collier Wall Apt. 418\nPort Frankville, MS 71914"
}
},
"property_details": {
"address": "49560 Williams Station Suite 867\nReyesstad, IN 20752",
"property_type": "Retail",
"lease_area_description": "Entire floor 31A in Building 2",
"square_footage_sqft": 22689
},
"lease_terms": {
"effective_date": "2024-07-10",
"commencement_date": "2024-09-12",
"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": 36,
"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": 81926.2,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.88%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.67%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 81926.2,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Georgia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Ward-Jimenez Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Ward-Jimenez Holdings",
"Thompson 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-2023-2742
Status: Under Review
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown, Lane and Douglas Holdings, and the Tenant, Daniels, Flynn and Grant. 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 2023-10-31.
The subject of this lease concerns the Entire suite 7 in Building 7 at the property located at 186 Orr Freeway Suite 394
West Chase, KS 38268. This Retail facility consists of approximately 30080 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $91,167.47. This figure is scheduled for an annual increase based on a 1.54% escalation rate. A security deposit of $182,334.94 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 requires Landlord's explicit consent.
Per section 10.1, Daniels, Flynn and Grant 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, Lane and Douglas Holdings. 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 180 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2742",
"parties": {
"lessor_details": {
"name": "Brown, Lane and Douglas Holdings",
"entity_type": "Corporation",
"address": "4664 Simmons Extensions Apt. 300\nEast Maryville, MT 14823"
},
"lessee_details": {
"name": "Daniels, Flynn and Grant",
"entity_type": "LLC",
"address": "2051 Hawkins Harbor Suite 488\nMelendezville, PW 41506"
}
},
"property_details": {
"address": "186 Orr Freeway Suite 394\nWest Chase, KS 38268",
"property_type": "Retail",
"lease_area_description": "Entire suite 7 in Building 7",
"square_footage_sqft": 30080
},
"lease_terms": {
"effective_date": "2023-10-31",
"commencement_date": "2023-12-02",
"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": 365
},
{
"option_number": 2,
"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": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 91167.47,
"annual_escalation_rate_percent": 1.54,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.06%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.61%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 182334.94,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Brown, Lane and Douglas Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Brown, Lane and Douglas Holdings",
"Williams-Wyatt 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-2024-3270
Status: Draft
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Evans, Long and Miller LLC, and the Tenant, Alvarez, Turner and Hendricks. 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 2024-05-13.
The subject of this lease concerns the Partial unit 9B in Building 9 at the property located at 3791 Burns Trail
Lake Tyler, NV 65491. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-10, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $65,533.76. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $65,533.76 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, Alvarez, Turner and Hendricks 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 Evans, Long and Miller LLC. 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 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3270",
"parties": {
"lessor_details": {
"name": "Evans, Long and Miller LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Alvarez, Turner and Hendricks",
"entity_type": "Corporation",
"address": "87110 Alvarez Centers Apt. 068\nRandyview, WV 70956"
}
},
"property_details": {
"address": "3791 Burns Trail\nLake Tyler, NV 65491",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 9B in Building 9"
},
"lease_terms": {
"effective_date": "2024-05-13",
"commencement_date": "2024-06-10",
"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
},
{
"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": false,
"termination_clauses": [
{
"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": 65533.76,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.31%)",
"estimated_monthly_amount_usd": 9830.06
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.88%)",
"estimated_monthly_amount_usd": 6553.38
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 65533.76,
"late_payment_interest_rate_percent": 17.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Evans, Long and Miller LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Evans, Long and Miller LLC",
"Gordon-Bradley 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-2023-7229
Status: Executed
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Burke Ltd Properties, and the Tenant, Lee-Cole. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-23.
The subject of this lease concerns the Entire suite 16B in Building 9 at the property located at 4230 Perez Skyway Apt. 166
Port Christopher, MO 90066. This Mixed-Use facility consists of approximately 15251 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-01, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $56,555.79. This figure is scheduled for an annual increase based on a 3.5% escalation rate. A security deposit of $56,555.79 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, Lee-Cole 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 Burke Ltd Properties. 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-2023-7229",
"parties": {
"lessor_details": {
"name": "Burke Ltd Properties",
"entity_type": "Limited Partnership",
"address": "0630 Young Mountains\nNorth Norma, MA 84258"
},
"lessee_details": {
"name": "Lee-Cole",
"entity_type": "S-Corp",
"address": "91625 Cory Locks Apt. 497\nWest John, VI 63429"
}
},
"property_details": {
"address": "4230 Perez Skyway Apt. 166\nPort Christopher, MO 90066",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 16B in Building 9",
"square_footage_sqft": 15251
},
"lease_terms": {
"effective_date": "2023-08-23",
"commencement_date": "2023-09-01",
"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": 56555.79,
"annual_escalation_rate_percent": 3.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.73%)",
"estimated_monthly_amount_usd": 8483.37
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.01%)",
"estimated_monthly_amount_usd": 5655.58
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 56555.79,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Burke Ltd Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Burke Ltd Properties",
"Melton, Powell and Peterson 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-2024-7603
Status: Executed
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor and Sons Ventures, and the Tenant, Townsend-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 2024-06-20.
The subject of this lease concerns the Entire suite 16 in Building 2 at the property located at 615 Fisher Ways
North Davidmouth, KY 22965. This Industrial facility consists of approximately 4679 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-26, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $12,216.09. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $12,216.09 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.
Per section 10.1, Townsend-Rangel 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 Taylor and Sons Ventures. Late payments of rent will accrue interest at a rate of 14.8% 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 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-2024-7603",
"parties": {
"lessor_details": {
"name": "Taylor and Sons Ventures",
"entity_type": "Corporation",
"address": "2204 Thomas Glen Suite 786\nMontgomeryport, DC 19129"
},
"lessee_details": {
"name": "Townsend-Rangel",
"entity_type": "Corporation",
"address": "39058 Richmond Corner Apt. 953\nJennifertown, AZ 55908"
}
},
"property_details": {
"address": "615 Fisher Ways\nNorth Davidmouth, KY 22965",
"property_type": "Industrial",
"lease_area_description": "Entire suite 16 in Building 2",
"square_footage_sqft": 4679
},
"lease_terms": {
"effective_date": "2024-06-20",
"commencement_date": "2024-07-26",
"initial_term_months": 60,
"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": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 12216.09,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.93%)",
"estimated_monthly_amount_usd": 1832.41
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.51%)",
"estimated_monthly_amount_usd": 1221.61
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 12216.09,
"late_payment_interest_rate_percent": 14.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Taylor and Sons Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Taylor and Sons Ventures",
"Lynn, Moore and 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-2023-8844
Status: Amended
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jackson, Kim and Davis Properties, and the Tenant, Rose, Alvarado and Shah. 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 2023-10-01.
The subject of this lease concerns the Partial suite 2 in Building 3 at the property located at 906 Michael Ville
West Robert, VI 13406. 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 2023-11-16, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $70,558.06. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $70,558.06 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, Rose, Alvarado and Shah 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, Kim and Davis Properties. Late payments of rent will accrue interest at a rate of 15.6% 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 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-2023-8844",
"parties": {
"lessor_details": {
"name": "Jackson, Kim and Davis Properties",
"entity_type": "Limited Partnership",
"address": "516 Daniel Lock Suite 788\nTinaton, NE 83753"
},
"lessee_details": {
"name": "Rose, Alvarado and Shah",
"entity_type": "S-Corp",
"address": "6310 Linda Valleys\nPattymouth, MP 19908"
}
},
"property_details": {
"address": "906 Michael Ville\nWest Robert, VI 13406",
"property_type": "Retail",
"lease_area_description": "Partial suite 2 in Building 3"
},
"lease_terms": {
"effective_date": "2023-10-01",
"commencement_date": "2023-11-16",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"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": 70558.06,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.43%)",
"estimated_monthly_amount_usd": 10583.71
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.66%)",
"estimated_monthly_amount_usd": 7055.81
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 70558.06,
"late_payment_interest_rate_percent": 15.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson, Kim and Davis Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson, Kim and Davis Properties",
"Francis 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-2024-6192
Status: Draft
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gilbert-Graham Properties, and the Tenant, Wheeler, Jackson and Thomas. 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 19A in Building 3 at the property located at 9152 Pearson Flat
North Linda, MT 61867. 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 2024-04-20, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $216,153.88. This figure is scheduled for an annual increase based on a 2.77% escalation rate. A security deposit of $432,307.76 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 Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-6192",
"parties": {
"lessor_details": {
"name": "Gilbert-Graham Properties",
"entity_type": "Corporation",
"address": "PSC 1112, Box 2034\nAPO AE 65824"
},
"lessee_details": {
"name": "Wheeler, Jackson and Thomas",
"entity_type": "Corporation",
"address": "766 Carson Union Apt. 477\nTroyburgh, FM 13651"
}
},
"property_details": {
"address": "9152 Pearson Flat\nNorth Linda, MT 61867",
"property_type": "Retail",
"lease_area_description": "Entire unit 19A in Building 3"
},
"lease_terms": {
"effective_date": "2024-04-13",
"commencement_date": "2024-04-20",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 216153.88,
"annual_escalation_rate_percent": 2.77,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.32%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.56%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 432307.76
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Alabama",
"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-2023-4537
Status: Executed
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Sanchez, Taylor and Mccarty Holdings, and the Tenant, Gutierrez, Mayer and Davis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-06.
The subject of this lease concerns the Entire unit 34B in Building 7 at the property located at 4508 Welch Stravenue Suite 579
Kingview, GA 22524. This Office facility consists of approximately 27167 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-13, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $133,639.00. This figure is scheduled for an annual increase based on a 1.84% escalation rate. A security deposit of $133,639.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 15.9% 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 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-2023-4537",
"parties": {
"lessor_details": {
"name": "Sanchez, Taylor and Mccarty Holdings",
"entity_type": "Corporation",
"address": "92237 Hamilton Trace\nEast Samuelland, RI 38633"
},
"lessee_details": {
"name": "Gutierrez, Mayer and Davis",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "4508 Welch Stravenue Suite 579\nKingview, GA 22524",
"property_type": "Office",
"lease_area_description": "Entire unit 34B in Building 7",
"square_footage_sqft": 27167
},
"lease_terms": {
"effective_date": "2023-09-06",
"commencement_date": "2023-11-13",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"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": 133639.0,
"annual_escalation_rate_percent": 1.84,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.25%)",
"estimated_monthly_amount_usd": 20045.85
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.48%)",
"estimated_monthly_amount_usd": 13363.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 133639.0,
"late_payment_interest_rate_percent": 15.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "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-2024-1744
Status: Under Review
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mills-Elliott Properties, and the Tenant, Edwards, Thompson and Young. 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 unit 21A in Building 6 at the property located at 2883 Kathleen Court Suite 996
Hawkinsmouth, LA 55257. This Office facility consists of approximately 4646 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-19, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $19,520.94. This figure is scheduled for an annual increase based on a 2.38% escalation rate. A security deposit of $39,041.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises 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 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-2024-1744",
"parties": {
"lessor_details": {
"name": "Mills-Elliott Properties",
"entity_type": "LLC",
"address": "91697 Small Harbors\nAlbertbury, GA 79998"
},
"lessee_details": {
"name": "Edwards, Thompson and Young",
"entity_type": "Corporation",
"address": "85477 Beth Roads Apt. 147\nNew Justinbury, NH 11845"
}
},
"property_details": {
"address": "2883 Kathleen Court Suite 996\nHawkinsmouth, LA 55257",
"property_type": "Office",
"lease_area_description": "Entire unit 21A in Building 6",
"square_footage_sqft": 4646
},
"lease_terms": {
"effective_date": "2024-07-13",
"commencement_date": "2024-09-19",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 19520.94,
"annual_escalation_rate_percent": 2.38,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.56%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.05%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 39041.88
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-7837
Status: Amended
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Byrd-Murray Inc., and the Tenant, Barrett, Boyle and Williams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-17.
The subject of this lease concerns the Entire suite 21 in Building 6 at the property located at 2011 Kyle Fields Apt. 757
Ayalaview, PR 97673. This Industrial facility consists of approximately 33643 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $104,489.55. This figure is scheduled for an annual increase based on a 2.64% escalation rate. A security deposit of $104,489.55 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, Barrett, Boyle and Williams is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Byrd-Murray Inc.. Late payments of rent will accrue interest at a rate of 16.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7837",
"parties": {
"lessor_details": {
"name": "Byrd-Murray Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Barrett, Boyle and Williams",
"entity_type": "LLC",
"address": "67433 Watson Crescent Apt. 818\nGilbertmouth, KY 18271"
}
},
"property_details": {
"address": "2011 Kyle Fields Apt. 757\nAyalaview, PR 97673",
"property_type": "Industrial",
"lease_area_description": "Entire suite 21 in Building 6",
"square_footage_sqft": 33643
},
"lease_terms": {
"effective_date": "2023-11-17",
"commencement_date": "2023-11-23",
"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
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 104489.55,
"annual_escalation_rate_percent": 2.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.64%)",
"estimated_monthly_amount_usd": 15673.43
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.64%)",
"estimated_monthly_amount_usd": 10448.96
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 104489.55,
"late_payment_interest_rate_percent": 16.7
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Byrd-Murray Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Byrd-Murray Inc.",
"Ramirez, Walters and Nguyen 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-2023-7797
Status: Draft
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Chandler PLC Ventures, and the Tenant, Jacobs-Lucas. 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 2023-12-13.
The subject of this lease concerns the Partial unit 37 in Building 8 at the property located at 67854 Reynolds Cliffs
Rodriguezton, MO 27682. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-02, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $3,328.80. This figure is scheduled for an annual increase based on a 3.07% escalation rate. A security deposit of $6,657.60 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.
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-2023-7797",
"parties": {
"lessor_details": {
"name": "Chandler PLC Ventures",
"entity_type": "LLC",
"address": "077 Kristen Valley Suite 214\nLake Catherinefort, NH 73368"
},
"lessee_details": {
"name": "Jacobs-Lucas",
"entity_type": "Corporation",
"address": "96331 Black Parkways\nEast Danielle, MH 87298"
}
},
"property_details": {
"address": "67854 Reynolds Cliffs\nRodriguezton, MO 27682",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 37 in Building 8"
},
"lease_terms": {
"effective_date": "2023-12-13",
"commencement_date": "2024-02-02",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 3328.8,
"annual_escalation_rate_percent": 3.07,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.31%)",
"estimated_monthly_amount_usd": 499.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.32%)",
"estimated_monthly_amount_usd": 332.88
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 6657.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"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-2024-8759
Status: Amended
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Morrison LLC LLC, and the Tenant, Davis and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-24.
The subject of this lease concerns the Partial unit 21B in Building 6 at the property located at 1553 Cohen Corners Apt. 824
Port Matthew, NH 95194. 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 2024-02-10, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $49,510.41. This figure is scheduled for an annual increase based on a 3.03% escalation rate. A security deposit of $49,510.41 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, Davis 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 Morrison LLC LLC. Late payments of rent will accrue interest at a rate of 14.8% 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 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-2024-8759",
"parties": {
"lessor_details": {
"name": "Morrison LLC LLC",
"entity_type": "Corporation",
"address": "7278 Tyler Drives\nEast Mary, MS 27662"
},
"lessee_details": {
"name": "Davis and Sons",
"entity_type": "LLC",
"address": "4456 Wendy Viaduct\nEast Joelville, MA 41664"
}
},
"property_details": {
"address": "1553 Cohen Corners Apt. 824\nPort Matthew, NH 95194",
"property_type": "Retail",
"lease_area_description": "Partial unit 21B in Building 6"
},
"lease_terms": {
"effective_date": "2024-01-24",
"commencement_date": "2024-02-10",
"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": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 49510.41,
"annual_escalation_rate_percent": 3.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.70%)",
"estimated_monthly_amount_usd": 7426.56
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.72%)",
"estimated_monthly_amount_usd": 4951.04
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 49510.41,
"late_payment_interest_rate_percent": 14.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Georgia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Morrison LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Morrison LLC LLC",
"Davies 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-2024-4349
Status: Draft
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ramos, Floyd and Jackson Holdings, and the Tenant, Warren-Christensen. 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 2024-06-13.
The subject of this lease concerns the Partial unit 11A in Building 7 at the property located at 372 Stephenson Park Apt. 184
New Christopherhaven, TX 86548. This Retail facility consists of approximately 26440 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $119,376.60. This figure is scheduled for an annual increase based on a 3.28% escalation rate. A security deposit of $119,376.60 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 8.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-4349",
"parties": {
"lessor_details": {
"name": "Ramos, Floyd and Jackson Holdings",
"entity_type": "LLC",
"address": "9639 Timothy Lake Suite 025\nWest Christopherbury, FM 58607"
},
"lessee_details": {
"name": "Warren-Christensen",
"entity_type": "LLC",
"address": "Unit 3900 Box 6193\nDPO AP 67615"
}
},
"property_details": {
"address": "372 Stephenson Park Apt. 184\nNew Christopherhaven, TX 86548",
"property_type": "Retail",
"lease_area_description": "Partial unit 11A in Building 7",
"square_footage_sqft": 26440
},
"lease_terms": {
"effective_date": "2024-06-13",
"commencement_date": "2024-09-03",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 119376.6,
"annual_escalation_rate_percent": 3.28,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.86%)",
"estimated_monthly_amount_usd": 17906.49
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.27%)",
"estimated_monthly_amount_usd": 11937.66
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 119376.6,
"late_payment_interest_rate_percent": 8.7
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5955
Status: Executed
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Blevins LLC Properties, and the Tenant, Cole-Young. 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 38B in Building 8 at the property located at 026 Whitney Lodge Suite 703
Jamesfurt, MA 31395. This Industrial facility consists of approximately 19958 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $94,185.13. This figure is scheduled for an annual increase based on a 2.02% escalation rate. A security deposit of $188,370.26 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.
Late payments of rent will accrue interest at a rate of 16.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-5955",
"parties": {
"lessor_details": {
"name": "Blevins LLC Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Cole-Young",
"entity_type": "Corporation",
"address": "4536 Brandi Skyway\nNorth Robert, MT 44301"
}
},
"property_details": {
"address": "026 Whitney Lodge Suite 703\nJamesfurt, MA 31395",
"property_type": "Industrial",
"lease_area_description": "Entire floor 38B in Building 8",
"square_footage_sqft": 19958
},
"lease_terms": {
"effective_date": "2024-03-18",
"commencement_date": "2024-05-23",
"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": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "12 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": 94185.13,
"annual_escalation_rate_percent": 2.02,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.67%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.71%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 188370.26,
"late_payment_interest_rate_percent": 16.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Idaho",
"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-2023-6464
Status: Executed
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hinton, Wheeler and Romero Holdings, and the Tenant, Howard, Adkins and Washington. 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 2023-09-05.
The subject of this lease concerns the Entire floor 49A in Building 7 at the property located at 11168 Ronald Forest
Changfurt, NM 42596. This Mixed-Use facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-09, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $107,590.63. This figure is scheduled for an annual increase based on a 3.46% escalation rate. A security deposit of $215,181.26 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, Howard, Adkins and Washington 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, Wheeler and Romero 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-2023-6464",
"parties": {
"lessor_details": {
"name": "Hinton, Wheeler and Romero Holdings",
"entity_type": "Corporation",
"address": "9682 Hurley Cliff Suite 290\nTaylorstad, NE 73175"
},
"lessee_details": {
"name": "Howard, Adkins and Washington",
"entity_type": "LLC"
}
},
"property_details": {
"address": "11168 Ronald Forest\nChangfurt, NM 42596",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 49A in Building 7"
},
"lease_terms": {
"effective_date": "2023-09-05",
"commencement_date": "2023-10-09",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 107590.63,
"annual_escalation_rate_percent": 3.46,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.90%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.58%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 215181.26
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hinton, Wheeler and Romero Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Hinton, Wheeler and Romero Holdings",
"Larson, Ball and Griffin 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-2023-1802
Status: Under Review
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lin, Buchanan and Anderson Holdings, and the Tenant, Martinez-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 2023-11-01.
The subject of this lease concerns the Entire suite 24A in Building 4 at the property located at 503 William Turnpike
Lake Ryan, LA 88638. This Mixed-Use facility consists of approximately 36211 rentable square feet and is designated for the purpose of General office 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 $47,526.94. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $95,053.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 6.8% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2023-1802",
"parties": {
"lessor_details": {
"name": "Lin, Buchanan and Anderson Holdings",
"entity_type": "Limited Partnership",
"address": "Unit 7128 Box 1839\nDPO AE 04410"
},
"lessee_details": {
"name": "Martinez-Roberts",
"entity_type": "LLC"
}
},
"property_details": {
"address": "503 William Turnpike\nLake Ryan, LA 88638",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 24A in Building 4",
"square_footage_sqft": 36211
},
"lease_terms": {
"effective_date": "2023-11-01",
"commencement_date": "2023-12-08",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47526.94,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.74%)",
"estimated_monthly_amount_usd": 7129.04
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.64%)",
"estimated_monthly_amount_usd": 4752.69
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 95053.88,
"late_payment_interest_rate_percent": 6.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"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-2024-5686
Status: Executed
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Franco Group Holdings, and the Tenant, Hicks PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-10.
The subject of this lease concerns the Partial suite 35 in Building 7 at the property located at 75623 Norman Junctions
Phillipstad, UT 94247. This Office 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 2024-04-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $87,898.03. This figure is scheduled for an annual increase based on a 2.99% escalation rate. A security deposit of $87,898.03 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
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-2024-5686",
"parties": {
"lessor_details": {
"name": "Franco Group Holdings",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Hicks PLC",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "75623 Norman Junctions\nPhillipstad, UT 94247",
"property_type": "Office",
"lease_area_description": "Partial suite 35 in Building 7"
},
"lease_terms": {
"effective_date": "2024-04-10",
"commencement_date": "2024-04-23",
"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": 365
},
{
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 87898.03,
"annual_escalation_rate_percent": 2.99,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.48%)",
"estimated_monthly_amount_usd": 13184.7
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.39%)",
"estimated_monthly_amount_usd": 8789.8
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 87898.03
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Georgia",
"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-2024-2714
Status: Amended
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Calderon, Hood and Thompson Properties, and the Tenant, Spencer-Schultz. 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 2024-01-31.
The subject of this lease concerns the Entire suite 31A in Building 9 at the property located at 8005 Allen Plains
Robertland, SD 66366. This Retail facility consists of approximately 31245 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-18, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $47,023.72. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $94,047.44 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 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 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-2024-2714",
"parties": {
"lessor_details": {
"name": "Calderon, Hood and Thompson Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Spencer-Schultz",
"entity_type": "S-Corp",
"address": "24863 Hernandez Plains Apt. 239\nNorth Loriside, CA 73161"
}
},
"property_details": {
"address": "8005 Allen Plains\nRobertland, SD 66366",
"property_type": "Retail",
"lease_area_description": "Entire suite 31A in Building 9",
"square_footage_sqft": 31245
},
"lease_terms": {
"effective_date": "2024-01-31",
"commencement_date": "2024-04-18",
"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": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47023.72,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.42%)",
"estimated_monthly_amount_usd": 7053.56
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.79%)",
"estimated_monthly_amount_usd": 4702.37
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 94047.44
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"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-2024-7638
Status: Under Review
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Murphy, Romero and Douglas Properties, and the Tenant, Fleming-Burton. 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 2024-01-08.
The subject of this lease concerns the Entire suite 4 in Building 5 at the property located at 709 Philip River Suite 236
Skinnerstad, VT 36898. This Retail facility consists of approximately 46889 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-01, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $182,515.43. This figure is scheduled for an annual increase based on a 2.03% escalation rate. A security deposit of $182,515.43 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Fleming-Burton 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 Murphy, Romero and Douglas 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-2024-7638",
"parties": {
"lessor_details": {
"name": "Murphy, Romero and Douglas Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Fleming-Burton",
"entity_type": "Corporation",
"address": "Unit 5329 Box 2327\nDPO AE 89949"
}
},
"property_details": {
"address": "709 Philip River Suite 236\nSkinnerstad, VT 36898",
"property_type": "Retail",
"lease_area_description": "Entire suite 4 in Building 5",
"square_footage_sqft": 46889
},
"lease_terms": {
"effective_date": "2024-01-08",
"commencement_date": "2024-04-01",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 182515.43,
"annual_escalation_rate_percent": 2.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.07%)",
"estimated_monthly_amount_usd": 27377.31
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.14%)",
"estimated_monthly_amount_usd": 18251.54
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 182515.43
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Murphy, Romero and Douglas Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Murphy, Romero and Douglas Properties",
"Campbell-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-2024-9443
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Perry Group Inc., and the Tenant, Chan-Rivera. 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 Partial unit 24A in Building 10 at the property located at 453 Carlos Summit
North Melissa, DE 30184. This Industrial facility consists of approximately 14515 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-05, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $60,648.51. This figure is scheduled for an annual increase based on a 3.05% escalation rate. A security deposit of $60,648.51 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 8.7% 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 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-2024-9443",
"parties": {
"lessor_details": {
"name": "Perry Group Inc.",
"entity_type": "Limited Partnership",
"address": "8339 Jean Corner Suite 470\nEast John, ME 60599"
},
"lessee_details": {
"name": "Chan-Rivera",
"entity_type": "LLC"
}
},
"property_details": {
"address": "453 Carlos Summit\nNorth Melissa, DE 30184",
"property_type": "Industrial",
"lease_area_description": "Partial unit 24A in Building 10",
"square_footage_sqft": 14515
},
"lease_terms": {
"effective_date": "2024-04-19",
"commencement_date": "2024-07-05",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 60648.51,
"annual_escalation_rate_percent": 3.05,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.74%)",
"estimated_monthly_amount_usd": 9097.28
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 6064.85
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 60648.51,
"late_payment_interest_rate_percent": 8.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Kansas",
"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-2024-8505
Status: Executed
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Avila Group Inc., and the Tenant, Cox-Davis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-25.
The subject of this lease concerns the Entire unit 38A in Building 4 at the property located at PSC 2824, Box 8699
APO AA 92303. This Warehouse facility consists of approximately 39267 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-01, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $76,636.10. This figure is scheduled for an annual increase based on a 2.7% escalation rate. A security deposit of $76,636.10 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 requires Landlord's explicit consent.
Per section 10.1, Cox-Davis 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 Avila Group Inc.. Late payments of rent will accrue interest at a rate of 10.6% 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 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-2024-8505",
"parties": {
"lessor_details": {
"name": "Avila Group Inc.",
"entity_type": "LLC",
"address": "0189 Rachael Square\nLake Keith, ME 94202"
},
"lessee_details": {
"name": "Cox-Davis",
"entity_type": "Corporation",
"address": "48451 Johnson Highway Apt. 124\nPhelpsburgh, IL 56219"
}
},
"property_details": {
"address": "PSC 2824, Box 8699\nAPO AA 92303",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 38A in Building 4",
"square_footage_sqft": 39267
},
"lease_terms": {
"effective_date": "2024-01-25",
"commencement_date": "2024-04-01",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 76636.1,
"annual_escalation_rate_percent": 2.7,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.65%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.17%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 76636.1,
"late_payment_interest_rate_percent": 10.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Avila Group Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Avila Group Inc.",
"Petersen, Hunt and Cunningham Mortgage Corp."
]
}
]
}
|
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