<format type="json">{agreement_id: string, document_date: date, lease_parties: list[{party_type: string, entity_name: string, entity_address: string optional, contact_person: string optional}], property_details: {property_address: string, unit_identifier: string optional, square_footage: number, property_type: string}, lease_term: {start_date: date, end_date: date optional, term_duration_months: number, renewal_options: list[{option_number: number, renewal_period_months: number, notice_period_days: number, rent_escalation_method: string}]}, financial_terms: {base_rent_initial: number, rent_frequency: string, security_deposit_amount: number optional, escalation_schedule: list[{escalation_type: string, effective_date: date, increase_value: number, increase_unit: string}], additional_rent_components: list[{component_name: string, payment_structure: string, estimated_annual_cost: number optional}]}, maintenance_obligations: {lessor_responsibilities: list[string], lessee_responsibilities: list[string]}, use_restrictions: list[string], legal_provisions: {force_majeure_clause_present: boolean, sublease_assignment_terms: string, dispute_resolution_method: string optional}}</format> <data>**INTERNAL MEMORANDUM - LEASE ABSTRACT**

**TO:** Portfolio Management Team
**FROM:** Legal & Compliance Dept.
**DATE:** 2025-08-13
**RE: Summary of Executed Lease Agreement: LEASE-HUNDRED-2023-157

This serves as a summary of the commercial lease executed on 2023-02-20 between the Lessor, Guerra Group, and Lessee, Moody, Walsh and Lane. The subject of this agreement is the Industrial property at 07918 Deanna Ridges, Suite 497, Lake Sallybury, Washington 04073, comprising approximately 5,481 square feet. All relevant documentation has been filed under our standard procedures, and the original document is stored in the main vault.

The lease term is set for 72 months, commencing on 2023-02-24 and concluding on 2029-02-23. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $36,608.05, payable on a monthly basis. A security deposit of $73,216.10 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 1.26 $/sf taking effect on 2024-02-24. Additional rents include Common Area Utilities (Fixed annual contribution), Insurance (Pro-rata share (11%)).

Regarding property maintenance, the Lessor is responsible for: Structural repairs to building exterior and roof; Parking lot maintenance. The Lessee's duties include: Pest control within the unit; All utility payments for the premises. Use of the premises is specifically limited. Key restrictions include: Business operations restricted to 8:00 AM to 10:00 PM. Signage must be approved by Lessor. No hazardous materials permitted on the premises without prior written consent.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Requires prior written consent from Lessor, not to be unreasonably withheld. A force majeure clause is present in the agreement. Any potential disputes are to be resolved via Binding arbitration in Thomasview. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-HUNDRED-2023-157",
  "document_date": "2023-02-20",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Guerra Group",
      "contact_person": "Stephen Williamson"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Moody, Walsh and Lane"
    }
  ],
  "property_details": {
    "property_address": "07918 Deanna Ridges, Suite 497, Lake Sallybury, Washington 04073",
    "square_footage": 5481,
    "property_type": "Industrial",
    "unit_identifier": "Suite 497"
  },
  "lease_term": {
    "start_date": "2023-02-24",
    "term_duration_months": 72,
    "renewal_options": [],
    "end_date": "2029-02-23"
  },
  "financial_terms": {
    "base_rent_initial": 36608.05,
    "rent_frequency": "monthly",
    "escalation_schedule": [
      {
        "escalation_type": "Step-Up",
        "effective_date": "2024-02-24",
        "increase_value": 1.26,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2025-02-23",
        "increase_value": 3.39,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2026-02-23",
        "increase_value": 9.76,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2027-02-23",
        "increase_value": 1.7,
        "increase_unit": "percentage"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 8471.64
      },
      {
        "component_name": "Insurance",
        "payment_structure": "Pro-rata share (11%)",
        "estimated_annual_cost": 7608.12
      }
    ],
    "security_deposit_amount": 73216.1
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Structural repairs to building exterior and roof",
      "Parking lot maintenance"
    ],
    "lessee_responsibilities": [
      "Pest control within the unit",
      "All utility payments for the premises"
    ]
  },
  "use_restrictions": [
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "Signage must be approved by Lessor.",
    "No hazardous materials permitted on the premises without prior written consent."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": true,
    "sublease_assignment_terms": "Requires prior written consent from Lessor, not to be unreasonably withheld.",
    "dispute_resolution_method": "Binding arbitration in Thomasview"
  }
}