<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-DARK-2023-160

This serves as a summary of the commercial lease executed on 2023-06-25 between the Lessor, Lee, Barnes and Brown, and Lessee, Woods Group. The subject of this agreement is the Medical Office property at 991 Jones Key Apt. 430, Suite 1891, Port Karenmouth, Alaska 56018, comprising approximately 9,929 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 2023-09-09 and concluding on 2029-09-08. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $81,300.15, payable on a quarterly basis. The lease includes a structured rent escalation schedule, with the first increase of 1.91 $/sf taking effect on 2024-09-08. Additional rents include Operating Expenses (CAM) (Pass-through), Real Estate Taxes (Fixed annual contribution), Common Area Utilities (Pro-rata share (3%)), Insurance (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: HVAC system maintenance and replacement; Landscaping and snow removal. The Lessee's duties include: All utility payments for the premises; Pest control within the unit. Use of the premises is specifically limited. Key restrictions include: Business operations restricted to 8:00 AM to 10:00 PM. No structural alterations without Lessor approval.

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 notably absent in the agreement. Any potential disputes are to be resolved via Mediation followed by litigation in the State of South Carolina. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-DARK-2023-160",
  "document_date": "2023-06-25",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Lee, Barnes and Brown"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Woods Group",
      "entity_address": "658 Brady Crest\nMatthewberg, MP 88073"
    }
  ],
  "property_details": {
    "property_address": "991 Jones Key Apt. 430, Suite 1891, Port Karenmouth, Alaska 56018",
    "square_footage": 9929,
    "property_type": "Medical Office",
    "unit_identifier": "Suite 1891"
  },
  "lease_term": {
    "start_date": "2023-09-09",
    "term_duration_months": 72,
    "renewal_options": [],
    "end_date": "2029-09-08"
  },
  "financial_terms": {
    "base_rent_initial": 81300.15,
    "rent_frequency": "quarterly",
    "escalation_schedule": [
      {
        "escalation_type": "Step-Up",
        "effective_date": "2024-09-08",
        "increase_value": 1.91,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2025-09-08",
        "increase_value": 4.05,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Pass-through"
      },
      {
        "component_name": "Real Estate Taxes",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 8103.97
      },
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Pro-rata share (3%)",
        "estimated_annual_cost": 2027.81
      },
      {
        "component_name": "Insurance",
        "payment_structure": "Fixed annual contribution"
      }
    ]
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "HVAC system maintenance and replacement",
      "Landscaping and snow removal"
    ],
    "lessee_responsibilities": [
      "All utility payments for the premises",
      "Pest control within the unit"
    ]
  },
  "use_restrictions": [
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "No structural alterations without Lessor approval."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Requires prior written consent from Lessor, not to be unreasonably withheld.",
    "dispute_resolution_method": "Mediation followed by litigation in the State of South Carolina"
  }
}