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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-2024-1486
Status: Amended
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Livingston, Thomas and Williams Holdings, and the Tenant, Dunlap, Stone and Smith. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-20.
The subject of this lease concerns the Entire floor 48 in Building 3 at the property located at 35165 John Fork
East Kimberlyshire, NM 60527. This Industrial facility consists of approximately 31979 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-03, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $51,646.08. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $51,646.08 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, Dunlap, Stone and Smith 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 Livingston, Thomas and Williams Holdings. Late payments of rent will accrue interest at a rate of 9.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1486",
"parties": {
"lessor_details": {
"name": "Livingston, Thomas and Williams Holdings",
"entity_type": "LLC",
"address": "02848 Crane Parkways\nSouth Jessicaview, AK 85758"
},
"lessee_details": {
"name": "Dunlap, Stone and Smith",
"entity_type": "LLC",
"address": "537 Martinez Road Apt. 799\nSouth Rita, MO 13345"
}
},
"property_details": {
"address": "35165 John Fork\nEast Kimberlyshire, NM 60527",
"property_type": "Industrial",
"lease_area_description": "Entire floor 48 in Building 3",
"square_footage_sqft": 31979
},
"lease_terms": {
"effective_date": "2024-01-20",
"commencement_date": "2024-02-03",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 51646.08,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.00%)",
"estimated_monthly_amount_usd": 7746.91
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.54%)",
"estimated_monthly_amount_usd": 5164.61
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 51646.08,
"late_payment_interest_rate_percent": 9.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Livingston, Thomas and Williams Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Livingston, Thomas and Williams Holdings",
"Walker-Ramos 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-2024-3972
Status: Under Review
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Nielsen and Sons Holdings, and the Tenant, Zimmerman-Luna. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-22.
The subject of this lease concerns the Partial unit 2B in Building 2 at the property located at USS Rojas
FPO AE 52919. This Warehouse facility consists of approximately 46008 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-12, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $81,817.56. This figure is scheduled for an annual increase based on a 1.75% escalation rate. A security deposit of $81,817.56 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, Zimmerman-Luna 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 Nielsen and Sons Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-3972",
"parties": {
"lessor_details": {
"name": "Nielsen and Sons Holdings",
"entity_type": "Limited Partnership",
"address": "USCGC Copeland\nFPO AP 15689"
},
"lessee_details": {
"name": "Zimmerman-Luna",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "USS Rojas\nFPO AE 52919",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 2B in Building 2",
"square_footage_sqft": 46008
},
"lease_terms": {
"effective_date": "2024-03-22",
"commencement_date": "2024-05-12",
"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": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 81817.56,
"annual_escalation_rate_percent": 1.75,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.17%)",
"estimated_monthly_amount_usd": 12272.63
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.08%)",
"estimated_monthly_amount_usd": 8181.76
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 81817.56
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Nielsen and Sons Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Nielsen and Sons Holdings",
"Davis-Wood 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-2024-3707
Status: Under Review
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Nelson-Wilkerson Holdings, and the Tenant, Cohen-Ramirez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-02.
The subject of this lease concerns the Partial suite 24 in Building 4 at the property located at 603 Brittany Island Apt. 660
Robertshire, MO 97883. This Warehouse facility consists of approximately 9129 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-27, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $45,645.00. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $45,645.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Cohen-Ramirez 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 Nelson-Wilkerson Holdings. Late payments of rent will accrue interest at a rate of 6.0% 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-2024-3707",
"parties": {
"lessor_details": {
"name": "Nelson-Wilkerson Holdings",
"entity_type": "Limited Partnership",
"address": "PSC 1439, Box 3766\nAPO AE 12388"
},
"lessee_details": {
"name": "Cohen-Ramirez",
"entity_type": "S-Corp",
"address": "9820 Matthew River\nLake Ashleyfort, MT 34670"
}
},
"property_details": {
"address": "603 Brittany Island Apt. 660\nRobertshire, MO 97883",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 24 in Building 4",
"square_footage_sqft": 9129
},
"lease_terms": {
"effective_date": "2024-05-02",
"commencement_date": "2024-06-27",
"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
},
{
"option_number": 2,
"duration_months": 24,
"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": 45645.0,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.23%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.07%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 45645.0,
"late_payment_interest_rate_percent": 6.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Nelson-Wilkerson Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Nelson-Wilkerson Holdings",
"Martinez 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-2023-6658
Status: Draft
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Donaldson, Ball and Perez Ventures, and the Tenant, Nichols Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-27.
The subject of this lease concerns the Partial suite 43 in Building 7 at the property located at 552 Wells Loaf
Matthewtown, ND 56098. This Industrial facility consists of approximately 14872 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-23, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $52,498.16. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $104,996.32 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, Nichols Inc is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Donaldson, Ball and Perez Ventures. Late payments of rent will accrue interest at a rate of 9.3% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-6658",
"parties": {
"lessor_details": {
"name": "Donaldson, Ball and Perez Ventures",
"entity_type": "LLC",
"address": "7114 Nicholas Lakes\nMcconnellfort, NY 98445"
},
"lessee_details": {
"name": "Nichols Inc",
"entity_type": "LLC"
}
},
"property_details": {
"address": "552 Wells Loaf\nMatthewtown, ND 56098",
"property_type": "Industrial",
"lease_area_description": "Partial suite 43 in Building 7",
"square_footage_sqft": 14872
},
"lease_terms": {
"effective_date": "2023-11-27",
"commencement_date": "2023-12-23",
"initial_term_months": 60,
"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": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 52498.16,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.06%)",
"estimated_monthly_amount_usd": 7874.72
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.70%)",
"estimated_monthly_amount_usd": 5249.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 104996.32,
"late_payment_interest_rate_percent": 9.3
},
"permitted_use": "Professional services 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": [
"Donaldson, Ball and Perez Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Donaldson, Ball and Perez Ventures",
"Adams 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-2024-7229
Status: Executed
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Martin-Zavala Ventures, and the Tenant, Bowen-Sanchez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-28.
The subject of this lease concerns the Entire floor 18 in Building 10 at the property located at 21976 Robinson Islands
Rachelshire, NY 63921. This Mixed-Use facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-27, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $24,996.31. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $24,996.31 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 17.6% 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-2024-7229",
"parties": {
"lessor_details": {
"name": "Martin-Zavala Ventures",
"entity_type": "LLC",
"address": "8101 Bowman Street\nWest Charles, NE 51115"
},
"lessee_details": {
"name": "Bowen-Sanchez",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "21976 Robinson Islands\nRachelshire, NY 63921",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 18 in Building 10"
},
"lease_terms": {
"effective_date": "2024-07-28",
"commencement_date": "2024-08-27",
"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": 90
}
],
"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": 24996.31,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.74%)",
"estimated_monthly_amount_usd": 3749.45
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.69%)",
"estimated_monthly_amount_usd": 2499.63
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 24996.31,
"late_payment_interest_rate_percent": 17.6
},
"permitted_use": "Professional services 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-2023-4495
Status: Executed
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kennedy, Stevenson and Carter Properties, and the Tenant, Banks, Boyer 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 2023-11-19.
The subject of this lease concerns the Partial floor 27B in Building 2 at the property located at 36119 Carlson Brook
Melissaville, ME 77553. 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 2024-01-16, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $128,169.25. This figure is scheduled for an annual increase based on a 2.07% escalation rate. A security deposit of $256,338.50 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Banks, Boyer and Hernandez 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 Kennedy, Stevenson and Carter Properties. 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 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-2023-4495",
"parties": {
"lessor_details": {
"name": "Kennedy, Stevenson and Carter Properties",
"entity_type": "Corporation",
"address": "91735 Theodore Creek Apt. 234\nNorth Lorishire, OR 72793"
},
"lessee_details": {
"name": "Banks, Boyer and Hernandez",
"entity_type": "LLC"
}
},
"property_details": {
"address": "36119 Carlson Brook\nMelissaville, ME 77553",
"property_type": "Industrial",
"lease_area_description": "Partial floor 27B in Building 2"
},
"lease_terms": {
"effective_date": "2023-11-19",
"commencement_date": "2024-01-16",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"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": 128169.25,
"annual_escalation_rate_percent": 2.07,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.08%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.81%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 256338.5,
"late_payment_interest_rate_percent": 8.2
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Kennedy, Stevenson and Carter Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Kennedy, Stevenson and Carter Properties",
"Dean 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-2023-6925
Status: Under Review
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Marquez, Ware and Harris Inc., and the Tenant, Blair-Simmons. The team is preparing for the 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 Entire floor 5B in Building 3 at the property located at 848 Tanya Extension
Collinsfurt, CT 21241. This Industrial facility consists of approximately 8586 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-27, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $32,326.29. This figure is scheduled for an annual increase based on a 1.62% escalation rate. A security deposit of $64,652.58 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Blair-Simmons 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, Ware and Harris Inc.. Late payments of rent will accrue interest at a rate of 16.9% 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 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-2023-6925",
"parties": {
"lessor_details": {
"name": "Marquez, Ware and Harris Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Blair-Simmons",
"entity_type": "LLC",
"address": "39162 Jimmy Avenue\nBondbury, GU 42392"
}
},
"property_details": {
"address": "848 Tanya Extension\nCollinsfurt, CT 21241",
"property_type": "Industrial",
"lease_area_description": "Entire floor 5B in Building 3",
"square_footage_sqft": 8586
},
"lease_terms": {
"effective_date": "2023-09-02",
"commencement_date": "2023-09-27",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 32326.29,
"annual_escalation_rate_percent": 1.62,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.83%)",
"estimated_monthly_amount_usd": 4848.94
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.95%)",
"estimated_monthly_amount_usd": 3232.63
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 64652.58,
"late_payment_interest_rate_percent": 16.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Marquez, Ware and Harris Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Marquez, Ware and Harris Inc.",
"Young-Terry 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-2024-7299
Status: Executed
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lopez LLC Ventures, and the Tenant, Gray, Velazquez and Marshall. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-25.
The subject of this lease concerns the Entire unit 9B in Building 4 at the property located at 558 Rodriguez Plaza
Lake Adriennehaven, NY 95922. This Mixed-Use facility consists of approximately 24560 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-05, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $106,754.13. This figure is scheduled for an annual increase based on a 2.9% escalation rate. A security deposit of $213,508.26 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Gray, Velazquez and Marshall is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Lopez LLC Ventures. Note the existence of a 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-2024-7299",
"parties": {
"lessor_details": {
"name": "Lopez LLC Ventures",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Gray, Velazquez and Marshall",
"entity_type": "LLC",
"address": "9164 Nolan Loop\nClarkfort, WA 56194"
}
},
"property_details": {
"address": "558 Rodriguez Plaza\nLake Adriennehaven, NY 95922",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 9B in Building 4",
"square_footage_sqft": 24560
},
"lease_terms": {
"effective_date": "2024-03-25",
"commencement_date": "2024-06-05",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 106754.13,
"annual_escalation_rate_percent": 2.9,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.74%)",
"estimated_monthly_amount_usd": 16013.12
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.85%)",
"estimated_monthly_amount_usd": 10675.41
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 213508.26
},
"permitted_use": "Professional services 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": [
"Lopez LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Lopez LLC Ventures",
"Dalton, Jones and Shaffer 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-2024-7471
Status: Executed
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Chang, Tapia and Larson Holdings, and the Tenant, Thompson, Smith and Clements. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-05.
The subject of this lease concerns the Entire suite 49B in Building 9 at the property located at 3515 Huerta Plaza Suite 019
Port Anthony, AS 16550. This Warehouse facility consists of approximately 46005 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-05, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $185,093.45. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $370,186.90 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Thompson, Smith and Clements 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 Chang, Tapia and Larson Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-7471",
"parties": {
"lessor_details": {
"name": "Chang, Tapia and Larson Holdings",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Thompson, Smith and Clements",
"entity_type": "LLC",
"address": "294 Michael Inlet Suite 528\nSamanthachester, KS 56862"
}
},
"property_details": {
"address": "3515 Huerta Plaza Suite 019\nPort Anthony, AS 16550",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 49B in Building 9",
"square_footage_sqft": 46005
},
"lease_terms": {
"effective_date": "2024-04-05",
"commencement_date": "2024-06-05",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 185093.45,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.80%)",
"estimated_monthly_amount_usd": 27764.02
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.41%)",
"estimated_monthly_amount_usd": 18509.34
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 370186.9
},
"permitted_use": "Light manufacturing and assembly 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": [
"Chang, Tapia and Larson Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Chang, Tapia and Larson Holdings",
"Keller, Osborne and Harrison 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-2024-4153
Status: Executed
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mclaughlin, Johnson and Rivera Ventures, and the Tenant, Chambers-Watson. The team is preparing for the 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 suite 29 in Building 5 at the property located at 4608 Guerrero Prairie
East Ryanstad, MS 16779. 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 2024-08-13, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $109,716.15. This figure is scheduled for an annual increase based on a 2.45% escalation rate. A security deposit of $219,432.30 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, Chambers-Watson 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 Mclaughlin, Johnson and Rivera Ventures. Late payments of rent will accrue interest at a rate of 11.3% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4153",
"parties": {
"lessor_details": {
"name": "Mclaughlin, Johnson and Rivera Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Chambers-Watson",
"entity_type": "Corporation",
"address": "080 Lee Ford Suite 107\nNew Robyn, TN 55974"
}
},
"property_details": {
"address": "4608 Guerrero Prairie\nEast Ryanstad, MS 16779",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 29 in Building 5"
},
"lease_terms": {
"effective_date": "2024-08-10",
"commencement_date": "2024-08-13",
"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": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 109716.15,
"annual_escalation_rate_percent": 2.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.30%)",
"estimated_monthly_amount_usd": 16457.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.49%)",
"estimated_monthly_amount_usd": 10971.62
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 219432.3,
"late_payment_interest_rate_percent": 11.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Mclaughlin, Johnson and Rivera Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Mclaughlin, Johnson and Rivera Ventures",
"Rodriguez-Morales 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-2023-9048
Status: Amended
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Green, Lewis and Miller LLC, and the Tenant, Lutz LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-05.
The subject of this lease concerns the Entire floor 33 in Building 5 at the property located at 6947 Simmons Tunnel Apt. 974
Port Lance, NE 29779. This Warehouse facility consists of approximately 22359 rentable square feet 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 5 years. The Tenant's monthly obligation for base rent begins at $74,455.47. This figure is scheduled for an annual increase based on a 3.7% escalation rate. A security deposit of $148,910.94 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, Lutz 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 Green, Lewis and Miller LLC. Late payments of rent will accrue interest at a rate of 12.4% 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-2023-9048",
"parties": {
"lessor_details": {
"name": "Green, Lewis and Miller LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Lutz LLC",
"entity_type": "S-Corp",
"address": "68059 Kim Ville Suite 247\nPort Johnside, CO 68538"
}
},
"property_details": {
"address": "6947 Simmons Tunnel Apt. 974\nPort Lance, NE 29779",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 33 in Building 5",
"square_footage_sqft": 22359
},
"lease_terms": {
"effective_date": "2023-11-05",
"commencement_date": "2023-12-13",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 74455.47,
"annual_escalation_rate_percent": 3.7,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.95%)",
"estimated_monthly_amount_usd": 11168.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.69%)",
"estimated_monthly_amount_usd": 7445.55
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 148910.94,
"late_payment_interest_rate_percent": 12.4
},
"permitted_use": "General office 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": [
"Green, Lewis and Miller LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Green, Lewis and Miller LLC",
"Figueroa 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-2023-6809
Status: Under Review
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Collins PLC Ventures, and the Tenant, Brown Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-04.
The subject of this lease concerns the Partial unit 19B in Building 8 at the property located at 51718 Tyler Path
South Evantown, AR 01850. 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 2023-12-21, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $33,624.69. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $67,249.38 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, Brown Ltd is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Collins PLC Ventures. Late payments of rent will accrue interest at a rate of 8.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6809",
"parties": {
"lessor_details": {
"name": "Collins PLC Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Brown Ltd",
"entity_type": "LLC"
}
},
"property_details": {
"address": "51718 Tyler Path\nSouth Evantown, AR 01850",
"property_type": "Office",
"lease_area_description": "Partial unit 19B in Building 8"
},
"lease_terms": {
"effective_date": "2023-12-04",
"commencement_date": "2023-12-21",
"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": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 33624.69,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.91%)",
"estimated_monthly_amount_usd": 5043.7
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.07%)",
"estimated_monthly_amount_usd": 3362.47
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 67249.38,
"late_payment_interest_rate_percent": 8.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Collins PLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Collins PLC Ventures",
"Miller, Scott and Owens Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-9263
Status: Draft
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Castillo-Hernandez Inc., and the Tenant, Conway, Moore and Clarke. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-07.
The subject of this lease concerns the Entire floor 26 in Building 6 at the property located at PSC 2845, Box 9972
APO AP 00893. This Industrial facility consists of approximately 8701 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-16, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $14,197.13. This figure is scheduled for an annual increase based on a 3.87% escalation rate. A security deposit of $14,197.13 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-9263",
"parties": {
"lessor_details": {
"name": "Castillo-Hernandez Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Conway, Moore and Clarke",
"entity_type": "S-Corp",
"address": "PSC 0812, Box 0140\nAPO AP 80592"
}
},
"property_details": {
"address": "PSC 2845, Box 9972\nAPO AP 00893",
"property_type": "Industrial",
"lease_area_description": "Entire floor 26 in Building 6",
"square_footage_sqft": 8701
},
"lease_terms": {
"effective_date": "2023-10-07",
"commencement_date": "2023-10-16",
"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%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"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": 14197.13,
"annual_escalation_rate_percent": 3.87,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.71%)",
"estimated_monthly_amount_usd": 2129.57
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.79%)",
"estimated_monthly_amount_usd": 1419.71
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 14197.13
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2256
Status: Draft
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Howe Ltd Ventures, and the Tenant, Cowan-Jones. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-02.
The subject of this lease concerns the Entire floor 43A in Building 2 at the property located at 3753 Woods Bypass
Port Jessicahaven, PA 93971. This Retail facility consists of approximately 27123 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-13, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $70,836.24. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $141,672.48 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 16.9% 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 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-2024-2256",
"parties": {
"lessor_details": {
"name": "Howe Ltd Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Cowan-Jones",
"entity_type": "LLC",
"address": "6085 Todd Fall Apt. 928\nDeborahmouth, LA 67693"
}
},
"property_details": {
"address": "3753 Woods Bypass\nPort Jessicahaven, PA 93971",
"property_type": "Retail",
"lease_area_description": "Entire floor 43A in Building 2",
"square_footage_sqft": 27123
},
"lease_terms": {
"effective_date": "2024-01-02",
"commencement_date": "2024-03-13",
"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": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 70836.24,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.22%)",
"estimated_monthly_amount_usd": 10625.44
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.12%)",
"estimated_monthly_amount_usd": 7083.62
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 141672.48,
"late_payment_interest_rate_percent": 16.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"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-2024-5179
Status: Executed
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Marks, Johnson and Gonzales LLC, and the Tenant, White-Booker. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-27.
The subject of this lease concerns the Partial unit 1 in Building 3 at the property located at 22171 Lindsey Branch Apt. 686
North Codyview, MT 32725. This Office facility consists of approximately 22955 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-23, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $73,092.55. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $146,185.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, White-Booker 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 Marks, Johnson and Gonzales LLC. 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-2024-5179",
"parties": {
"lessor_details": {
"name": "Marks, Johnson and Gonzales LLC",
"entity_type": "Limited Partnership",
"address": "USS Thomas\nFPO AE 17092"
},
"lessee_details": {
"name": "White-Booker",
"entity_type": "LLC"
}
},
"property_details": {
"address": "22171 Lindsey Branch Apt. 686\nNorth Codyview, MT 32725",
"property_type": "Office",
"lease_area_description": "Partial unit 1 in Building 3",
"square_footage_sqft": 22955
},
"lease_terms": {
"effective_date": "2024-06-27",
"commencement_date": "2024-07-23",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 73092.55,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.89%)",
"estimated_monthly_amount_usd": 10963.88
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.48%)",
"estimated_monthly_amount_usd": 7309.26
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 146185.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Marks, Johnson and Gonzales LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Marks, Johnson and Gonzales LLC",
"Thompson, Rodriguez and Long 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-2024-1909
Status: Amended
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Haas-Savage Holdings, and the Tenant, Fry-Fischer. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-16.
The subject of this lease concerns the Partial suite 32 in Building 5 at the property located at 433 Murphy Pine Suite 452
Gracefurt, KY 87264. This Warehouse facility consists of approximately 36809 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-16, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $60,213.39. This figure is scheduled for an annual increase based on a 3.5% escalation rate. A security deposit of $120,426.78 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 Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Fry-Fischer 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 Haas-Savage Holdings. 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-2024-1909",
"parties": {
"lessor_details": {
"name": "Haas-Savage Holdings",
"entity_type": "Limited Partnership",
"address": "3820 Brown Brooks Apt. 829\nDanielland, NY 62415"
},
"lessee_details": {
"name": "Fry-Fischer",
"entity_type": "LLC",
"address": "57982 Lisa Gateway Suite 511\nOwensburgh, AR 07365"
}
},
"property_details": {
"address": "433 Murphy Pine Suite 452\nGracefurt, KY 87264",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 32 in Building 5",
"square_footage_sqft": 36809
},
"lease_terms": {
"effective_date": "2024-01-16",
"commencement_date": "2024-03-16",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 60213.39,
"annual_escalation_rate_percent": 3.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.91%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.48%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 120426.78
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Haas-Savage Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Haas-Savage Holdings",
"Jensen-Garrett 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-2024-7775
Status: Draft
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Elliott Ltd LLC, and the Tenant, Cline-Edwards. The team is preparing for the 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 Entire unit 43A in Building 3 at the property located at 0275 Snyder Plains
South Allen, VA 35832. This Retail facility consists of approximately 43450 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-15, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $198,204.42. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $396,408.84 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, Cline-Edwards 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 Elliott Ltd LLC. Late payments of rent will accrue interest at a rate of 10.5% 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 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-2024-7775",
"parties": {
"lessor_details": {
"name": "Elliott Ltd LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Cline-Edwards",
"entity_type": "S-Corp",
"address": "Unit 4016 Box 3176\nDPO AA 43962"
}
},
"property_details": {
"address": "0275 Snyder Plains\nSouth Allen, VA 35832",
"property_type": "Retail",
"lease_area_description": "Entire unit 43A in Building 3",
"square_footage_sqft": 43450
},
"lease_terms": {
"effective_date": "2024-06-13",
"commencement_date": "2024-08-15",
"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": 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": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 198204.42,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.38%)",
"estimated_monthly_amount_usd": 29730.66
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.73%)",
"estimated_monthly_amount_usd": 19820.44
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 396408.84,
"late_payment_interest_rate_percent": 10.5
},
"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": [
"Elliott Ltd LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Elliott Ltd LLC",
"Turner, Hall and Wilson 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-2024-1377
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fisher, Sanchez and Higgins Holdings, and the Tenant, White-Duke. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-14.
The subject of this lease concerns the Entire unit 18A in Building 7 at the property located at 26098 Hernandez Hills Apt. 993
Lake David, VA 61342. This Industrial facility consists of approximately 40401 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-24, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $130,057.55. This figure is scheduled for an annual increase based on a 2.89% escalation rate. A security deposit of $260,115.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 5.1% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1377",
"parties": {
"lessor_details": {
"name": "Fisher, Sanchez and Higgins Holdings",
"entity_type": "Limited Partnership",
"address": "39583 Hopkins Rapids Apt. 753\nWesleyville, MS 73335"
},
"lessee_details": {
"name": "White-Duke",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "26098 Hernandez Hills Apt. 993\nLake David, VA 61342",
"property_type": "Industrial",
"lease_area_description": "Entire unit 18A in Building 7",
"square_footage_sqft": 40401
},
"lease_terms": {
"effective_date": "2024-06-14",
"commencement_date": "2024-08-24",
"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": 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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 130057.55,
"annual_escalation_rate_percent": 2.89,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.62%)",
"estimated_monthly_amount_usd": 19508.63
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.19%)",
"estimated_monthly_amount_usd": 13005.76
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 260115.1,
"late_payment_interest_rate_percent": 5.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5033
Status: Amended
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Perez Ltd Inc., and the Tenant, Walton, Smith and Olsen. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-21.
The subject of this lease concerns the Entire floor 15 in Building 1 at the property located at 5175 Anthony Bypass
Amandaville, KS 11780. This Retail facility consists of approximately 34587 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 7 years. The Tenant's monthly obligation for base rent begins at $47,816.53. This figure is scheduled for an annual increase based on a 1.89% escalation rate. A security deposit of $95,633.06 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Walton, Smith and Olsen 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 Perez Ltd Inc.. Late payments of rent will accrue interest at a rate of 7.9% 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 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-2023-5033",
"parties": {
"lessor_details": {
"name": "Perez Ltd Inc.",
"entity_type": "LLC",
"address": "577 Calhoun Course\nSouth Christopherview, NE 05280"
},
"lessee_details": {
"name": "Walton, Smith and Olsen",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "5175 Anthony Bypass\nAmandaville, KS 11780",
"property_type": "Retail",
"lease_area_description": "Entire floor 15 in Building 1",
"square_footage_sqft": 34587
},
"lease_terms": {
"effective_date": "2023-08-21",
"commencement_date": "2023-09-21",
"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
}
],
"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": 47816.53,
"annual_escalation_rate_percent": 1.89,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.70%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.23%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 95633.06,
"late_payment_interest_rate_percent": 7.9
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Perez Ltd Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Perez Ltd Inc.",
"Benjamin Ltd Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-3939
Status: Executed
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wolfe-Jones Ventures, and the Tenant, Robinson 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 2023-10-03.
The subject of this lease concerns the Partial suite 37B in Building 1 at the property located at 65484 Webster Ports Suite 073
West Michael, ID 47073. This Retail facility consists of approximately 42409 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-19, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $111,358.97. This figure is scheduled for an annual increase based on a 2.88% escalation rate. A security deposit of $222,717.94 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.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3939",
"parties": {
"lessor_details": {
"name": "Wolfe-Jones Ventures",
"entity_type": "Limited Partnership",
"address": "07904 Reyes Drives\nGouldshire, IL 01678"
},
"lessee_details": {
"name": "Robinson Group",
"entity_type": "Corporation",
"address": "56879 Daniel Center Apt. 109\nBakershire, TX 85934"
}
},
"property_details": {
"address": "65484 Webster Ports Suite 073\nWest Michael, ID 47073",
"property_type": "Retail",
"lease_area_description": "Partial suite 37B in Building 1",
"square_footage_sqft": 42409
},
"lease_terms": {
"effective_date": "2023-10-03",
"commencement_date": "2023-11-19",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 111358.97,
"annual_escalation_rate_percent": 2.88,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.07%)",
"estimated_monthly_amount_usd": 16703.85
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.04%)",
"estimated_monthly_amount_usd": 11135.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 222717.94
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"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-2024-3297
Status: Draft
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Peters Inc Ventures, and the Tenant, Espinoza-Lewis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-08-05.
The subject of this lease concerns the Partial unit 18A in Building 6 at the property located at 4960 Munoz Trace Suite 798
New Patricia, MS 51840. This Mixed-Use facility consists of approximately 48548 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-07, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $80,144.66. This figure is scheduled for an annual increase based on a 3.1% escalation rate. A security deposit of $80,144.66 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, Espinoza-Lewis 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 Peters Inc Ventures. 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 60 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3297",
"parties": {
"lessor_details": {
"name": "Peters Inc Ventures",
"entity_type": "LLC",
"address": "4871 Luis Centers Apt. 908\nAnnemouth, IL 71462"
},
"lessee_details": {
"name": "Espinoza-Lewis",
"entity_type": "LLC"
}
},
"property_details": {
"address": "4960 Munoz Trace Suite 798\nNew Patricia, MS 51840",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 18A in Building 6",
"square_footage_sqft": 48548
},
"lease_terms": {
"effective_date": "2024-08-05",
"commencement_date": "2024-10-07",
"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": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 80144.66,
"annual_escalation_rate_percent": 3.1,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.47%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 80144.66,
"late_payment_interest_rate_percent": 15.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Peters Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Peters Inc Ventures",
"Davis 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-2023-1381
Status: Executed
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Avery, Rivera and Mckee Holdings, and the Tenant, Hart, Butler and Collins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-26.
The subject of this lease concerns the Partial unit 46B in Building 3 at the property located at 58910 John Shore Suite 842
Mitchelltown, VA 93426. 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 2023-11-17, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $56,291.18. This figure is scheduled for an annual increase based on a 3.2% escalation rate. A security deposit of $112,582.36 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 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, Hart, Butler and Collins 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 Avery, Rivera and Mckee Holdings. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1381",
"parties": {
"lessor_details": {
"name": "Avery, Rivera and Mckee Holdings",
"entity_type": "Limited Partnership",
"address": "615 Dustin Vista\nEast Penny, UT 99453"
},
"lessee_details": {
"name": "Hart, Butler and Collins",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "58910 John Shore Suite 842\nMitchelltown, VA 93426",
"property_type": "Retail",
"lease_area_description": "Partial unit 46B in Building 3"
},
"lease_terms": {
"effective_date": "2023-10-26",
"commencement_date": "2023-11-17",
"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": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 56291.18,
"annual_escalation_rate_percent": 3.2,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.33%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.44%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 112582.36
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Avery, Rivera and Mckee Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Avery, Rivera and Mckee Holdings",
"Anderson 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-2024-9400
Status: Under Review
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Olson Ltd Ventures, and the Tenant, Banks, Gallagher and Taylor. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-19.
The subject of this lease concerns the Partial unit 4A in Building 10 at the property located at 75728 Valencia Club
West Jorge, MD 93730. This Warehouse facility consists of approximately 36385 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-25, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $114,491.47. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $228,982.94 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, Banks, Gallagher and Taylor 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 Olson Ltd Ventures. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9400",
"parties": {
"lessor_details": {
"name": "Olson Ltd Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Banks, Gallagher and Taylor",
"entity_type": "S-Corp",
"address": "512 Smith Knolls\nPowersbury, FM 01720"
}
},
"property_details": {
"address": "75728 Valencia Club\nWest Jorge, MD 93730",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 4A in Building 10",
"square_footage_sqft": 36385
},
"lease_terms": {
"effective_date": "2024-04-19",
"commencement_date": "2024-05-25",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 114491.47,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.21%)",
"estimated_monthly_amount_usd": 17173.72
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.77%)",
"estimated_monthly_amount_usd": 11449.15
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 228982.94
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Olson Ltd Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Olson Ltd Ventures",
"Hernandez Ltd Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-2761
Status: Executed
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ferguson LLC Ventures, and the Tenant, Miller 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 2023-12-06.
The subject of this lease concerns the Partial unit 30 in Building 5 at the property located at 41295 Bennett Stravenue
Rebeccatown, DC 21320. This Industrial facility consists of approximately 3380 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-31, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $11,038.52. This figure is scheduled for an annual increase based on a 2.1% escalation rate. A security deposit of $22,077.04 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, Miller Group 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 Ferguson LLC Ventures. Late payments of rent will accrue interest at a rate of 17.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-2761",
"parties": {
"lessor_details": {
"name": "Ferguson LLC Ventures",
"entity_type": "Limited Partnership",
"address": "67895 Brandon Freeway\nPort Richard, IL 02132"
},
"lessee_details": {
"name": "Miller Group",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "41295 Bennett Stravenue\nRebeccatown, DC 21320",
"property_type": "Industrial",
"lease_area_description": "Partial unit 30 in Building 5",
"square_footage_sqft": 3380
},
"lease_terms": {
"effective_date": "2023-12-06",
"commencement_date": "2023-12-31",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 11038.52,
"annual_escalation_rate_percent": 2.1,
"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 (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 22077.04,
"late_payment_interest_rate_percent": 17.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Ferguson LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Ferguson LLC Ventures",
"Cardenas-Bowen 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-2023-8139
Status: Amended
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Sullivan-Smith Inc., and the Tenant, Morrison 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 2023-12-26.
The subject of this lease concerns the Entire unit 50B in Building 2 at the property located at 5917 Melissa Views Suite 187
Beckertown, NE 04199. This Office facility consists of approximately 13233 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-04, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $27,403.34. This figure is scheduled for an annual increase based on a 2.18% escalation rate. A security deposit of $54,806.68 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.
Per section 10.1, Morrison 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 Sullivan-Smith Inc..
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-8139",
"parties": {
"lessor_details": {
"name": "Sullivan-Smith Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Morrison LLC",
"entity_type": "S-Corp",
"address": "990 Martinez Mountains Apt. 664\nRyantown, VI 43627"
}
},
"property_details": {
"address": "5917 Melissa Views Suite 187\nBeckertown, NE 04199",
"property_type": "Office",
"lease_area_description": "Entire unit 50B in Building 2",
"square_footage_sqft": 13233
},
"lease_terms": {
"effective_date": "2023-12-26",
"commencement_date": "2024-03-04",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 27403.34,
"annual_escalation_rate_percent": 2.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.39%)",
"estimated_monthly_amount_usd": 4110.5
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.74%)",
"estimated_monthly_amount_usd": 2740.33
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 54806.68
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Sullivan-Smith Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Sullivan-Smith Inc.",
"Johnson 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-2023-5705
Status: Draft
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor, Allen and Hill Ventures, and the Tenant, Shannon-Miller. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-24.
The subject of this lease concerns the Partial floor 49A in Building 7 at the property located at 52330 Martinez Courts
West Alyssaland, ME 86483. 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 2023-11-22, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $87,347.54. This figure is scheduled for an annual increase based on a 2.66% escalation rate. A security deposit of $174,695.08 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.
Note the existence of a Landlord Recapture Right 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-2023-5705",
"parties": {
"lessor_details": {
"name": "Taylor, Allen and Hill Ventures",
"entity_type": "Corporation",
"address": "84207 Tyler Pass Apt. 347\nJoshuabury, HI 77801"
},
"lessee_details": {
"name": "Shannon-Miller",
"entity_type": "LLC"
}
},
"property_details": {
"address": "52330 Martinez Courts\nWest Alyssaland, ME 86483",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 49A in Building 7"
},
"lease_terms": {
"effective_date": "2023-09-24",
"commencement_date": "2023-11-22",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 87347.54,
"annual_escalation_rate_percent": 2.66,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.80%)",
"estimated_monthly_amount_usd": 13102.13
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.11%)",
"estimated_monthly_amount_usd": 8734.75
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 174695.08
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Oregon",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7210
Status: Amended
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fowler-Berry Holdings, and the Tenant, Wilson 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 2024-07-10.
The subject of this lease concerns the Partial unit 1A in Building 4 at the property located at Unit 8502 Box 0019
DPO AP 76389. This Retail facility consists of approximately 42464 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-15, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $56,052.48. This figure is scheduled for an annual increase based on a 2.16% escalation rate. A security deposit of $56,052.48 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.
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-2024-7210",
"parties": {
"lessor_details": {
"name": "Fowler-Berry Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Wilson and Sons",
"entity_type": "S-Corp",
"address": "125 Patrick Greens\nNorth Angelaport, GU 62123"
}
},
"property_details": {
"address": "Unit 8502 Box 0019\nDPO AP 76389",
"property_type": "Retail",
"lease_area_description": "Partial unit 1A in Building 4",
"square_footage_sqft": 42464
},
"lease_terms": {
"effective_date": "2024-07-10",
"commencement_date": "2024-07-15",
"initial_term_months": 120,
"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": 56052.48,
"annual_escalation_rate_percent": 2.16,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.33%)",
"estimated_monthly_amount_usd": 8407.87
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.45%)",
"estimated_monthly_amount_usd": 5605.25
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 56052.48,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Utah",
"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-2024-7619
Status: Under Review
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams, Miller and Johnson Inc., and the Tenant, Lewis, Meyers and Bryan. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-28.
The subject of this lease concerns the Entire floor 37A in Building 1 at the property located at 7765 Travis Tunnel Suite 352
Hopkinsville, MP 44274. This Office facility consists of approximately 7067 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-11, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $35,040.54. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $35,040.54 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Lewis, Meyers and Bryan is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Williams, Miller and Johnson Inc.. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7619",
"parties": {
"lessor_details": {
"name": "Williams, Miller and Johnson Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Lewis, Meyers and Bryan",
"entity_type": "S-Corp",
"address": "7249 Brooks Freeway\nEast Apriltown, DC 78960"
}
},
"property_details": {
"address": "7765 Travis Tunnel Suite 352\nHopkinsville, MP 44274",
"property_type": "Office",
"lease_area_description": "Entire floor 37A in Building 1",
"square_footage_sqft": 7067
},
"lease_terms": {
"effective_date": "2024-07-28",
"commencement_date": "2024-10-11",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"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": 90,
"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": 35040.54,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.18%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.75%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 35040.54
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Williams, Miller and Johnson Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Williams, Miller and Johnson Inc.",
"Peck-Miller Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1593
Status: Amended
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harvey LLC LLC, and the Tenant, Branch Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-29.
The subject of this lease concerns the Entire floor 1 in Building 8 at the property located at Unit 6078 Box 8608
DPO AP 76954. 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 2024-07-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $15,379.52. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $30,759.04 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.
Per section 10.1, Branch 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 Harvey LLC LLC. Late payments of rent will accrue interest at a rate of 8.2% 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-2024-1593",
"parties": {
"lessor_details": {
"name": "Harvey LLC LLC",
"entity_type": "Limited Partnership",
"address": "549 Wilson Camp Suite 090\nNew Alison, GU 41478"
},
"lessee_details": {
"name": "Branch Group",
"entity_type": "Corporation",
"address": "USCGC Shaw\nFPO AP 68874"
}
},
"property_details": {
"address": "Unit 6078 Box 8608\nDPO AP 76954",
"property_type": "Retail",
"lease_area_description": "Entire floor 1 in Building 8"
},
"lease_terms": {
"effective_date": "2024-04-29",
"commencement_date": "2024-07-15",
"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": 36,
"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": 15379.52,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.82%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.92%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 30759.04,
"late_payment_interest_rate_percent": 8.2
},
"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": [
"Harvey LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Harvey LLC LLC",
"Reynolds-Jimenez 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-2023-6377
Status: Under Review
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miranda, Ramos and Travis Ventures, and the Tenant, Barnes, Yu and Stone. The team is preparing for the 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 unit 2B in Building 9 at the property located at 16576 Mason Course Apt. 284
Kevinchester, MI 97881. This Warehouse facility consists of approximately 37767 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-04, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $93,882.47. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $93,882.47 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, Barnes, Yu and Stone 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 Miranda, Ramos and Travis Ventures. 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-2023-6377",
"parties": {
"lessor_details": {
"name": "Miranda, Ramos and Travis Ventures",
"entity_type": "Corporation",
"address": "490 Jennifer Dale\nDanielport, ME 24229"
},
"lessee_details": {
"name": "Barnes, Yu and Stone",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "16576 Mason Course Apt. 284\nKevinchester, MI 97881",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 2B in Building 9",
"square_footage_sqft": 37767
},
"lease_terms": {
"effective_date": "2023-10-02",
"commencement_date": "2023-11-04",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"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": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 93882.47,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.93%)",
"estimated_monthly_amount_usd": 14082.37
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.38%)",
"estimated_monthly_amount_usd": 9388.25
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 93882.47
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Iowa",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Miranda, Ramos and Travis Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Miranda, Ramos and Travis Ventures",
"Bridges, Adams and Garner 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-2024-1842
Status: Amended
Governing Jurisdiction: Oklahoma
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Andrews, Shah and Anderson LLC, and the Tenant, Graves 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 2024-03-01.
The subject of this lease concerns the Entire unit 50A in Building 3 at the property located at 2662 Sharp Run Apt. 962
East Meredithmouth, NJ 67150. This Office facility consists of approximately 37589 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-21, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $144,686.33. This figure is scheduled for an annual increase based on a 3.76% escalation rate. A security deposit of $289,372.66 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Graves Ltd is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Andrews, Shah and Anderson LLC. Late payments of rent will accrue interest at a rate of 10.9% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-1842",
"parties": {
"lessor_details": {
"name": "Andrews, Shah and Anderson LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Graves Ltd",
"entity_type": "Corporation",
"address": "75998 Jennifer Crescent Suite 151\nLake Briannatown, RI 09051"
}
},
"property_details": {
"address": "2662 Sharp Run Apt. 962\nEast Meredithmouth, NJ 67150",
"property_type": "Office",
"lease_area_description": "Entire unit 50A in Building 3",
"square_footage_sqft": 37589
},
"lease_terms": {
"effective_date": "2024-03-01",
"commencement_date": "2024-05-21",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 144686.33,
"annual_escalation_rate_percent": 3.76,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.25%)",
"estimated_monthly_amount_usd": 21702.95
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.71%)",
"estimated_monthly_amount_usd": 14468.63
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 289372.66,
"late_payment_interest_rate_percent": 10.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Oklahoma",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Andrews, Shah and Anderson LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Andrews, Shah and Anderson LLC",
"Nicholson 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-2023-3736
Status: Executed
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gutierrez, Jones and Chen LLC, and the Tenant, Mendoza-Williams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-14.
The subject of this lease concerns the Partial floor 28A in Building 9 at the property located at 22639 Hodges Bypass Suite 862
Lake Courtneyville, FL 26362. This Industrial facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $95,546.15. This figure is scheduled for an annual increase based on a 3.05% escalation rate. A security deposit of $95,546.15 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Mendoza-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 Gutierrez, Jones and Chen LLC. Late payments of rent will accrue interest at a rate of 12.1% 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 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-2023-3736",
"parties": {
"lessor_details": {
"name": "Gutierrez, Jones and Chen LLC",
"entity_type": "LLC",
"address": "14159 Brianna Village Apt. 024\nAngelashire, CA 63906"
},
"lessee_details": {
"name": "Mendoza-Williams",
"entity_type": "Corporation",
"address": "60015 David Islands Apt. 115\nSamuelborough, ND 59003"
}
},
"property_details": {
"address": "22639 Hodges Bypass Suite 862\nLake Courtneyville, FL 26362",
"property_type": "Industrial",
"lease_area_description": "Partial floor 28A in Building 9"
},
"lease_terms": {
"effective_date": "2023-08-14",
"commencement_date": "2023-11-06",
"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": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 95546.15,
"annual_escalation_rate_percent": 3.05,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.18%)",
"estimated_monthly_amount_usd": 14331.92
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.07%)",
"estimated_monthly_amount_usd": 9554.62
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 95546.15,
"late_payment_interest_rate_percent": 12.1
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Gutierrez, Jones and Chen LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Gutierrez, Jones and Chen LLC",
"Roth-Bailey 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-2023-3307
Status: Executed
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lewis-Yu LLC, and the Tenant, Johnson, Bolton and Perry. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-24.
The subject of this lease concerns the Entire suite 36A in Building 7 at the property located at USCGC Miranda
FPO AP 35943. This Warehouse facility consists of approximately 29321 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-08, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $42,808.66. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $42,808.66 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, Johnson, Bolton and Perry 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 Lewis-Yu LLC.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3307",
"parties": {
"lessor_details": {
"name": "Lewis-Yu LLC",
"entity_type": "LLC",
"address": "308 Lee Ranch\nBarnesfort, PW 38705"
},
"lessee_details": {
"name": "Johnson, Bolton and Perry",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "USCGC Miranda\nFPO AP 35943",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 36A in Building 7",
"square_footage_sqft": 29321
},
"lease_terms": {
"effective_date": "2023-11-24",
"commencement_date": "2023-12-08",
"initial_term_months": 60,
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 42808.66,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.35%)",
"estimated_monthly_amount_usd": 6421.3
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.36%)",
"estimated_monthly_amount_usd": 4280.87
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 42808.66
},
"permitted_use": "Retail sales of goods 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": [
"Lewis-Yu LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Lewis-Yu LLC",
"Curtis, Hill and Jackson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1468
Status: Amended
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wilson LLC Properties, and the Tenant, Wilkerson 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 2024-03-24.
The subject of this lease concerns the Entire floor 2 in Building 3 at the property located at 046 Le Route
Annaburgh, NY 38894. This Mixed-Use facility consists of approximately 32969 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $161,081.04. This figure is scheduled for an annual increase based on a 2.45% escalation rate. A security deposit of $322,162.08 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wilkerson LLC is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Wilson LLC Properties. Late payments of rent will accrue interest at a rate of 12.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1468",
"parties": {
"lessor_details": {
"name": "Wilson LLC Properties",
"entity_type": "Limited Partnership",
"address": "558 Lee Plains\nWest Joseph, TX 07267"
},
"lessee_details": {
"name": "Wilkerson LLC",
"entity_type": "Corporation",
"address": "759 Conner Crossing\nLake Suzanne, KY 93949"
}
},
"property_details": {
"address": "046 Le Route\nAnnaburgh, NY 38894",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 2 in Building 3",
"square_footage_sqft": 32969
},
"lease_terms": {
"effective_date": "2024-03-24",
"commencement_date": "2024-05-14",
"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": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 161081.04,
"annual_escalation_rate_percent": 2.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.28%)",
"estimated_monthly_amount_usd": 24162.16
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.77%)",
"estimated_monthly_amount_usd": 16108.1
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 322162.08,
"late_payment_interest_rate_percent": 12.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Wilson LLC Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Wilson LLC Properties",
"Smith, Johnson and Caldwell 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-2024-2307
Status: Executed
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Anderson LLC Properties, and the Tenant, Boyd-Brown. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-06.
The subject of this lease concerns the Entire floor 3B in Building 6 at the property located at 5716 Christopher Junctions Suite 651
Port Joel, IA 95845. This Mixed-Use facility consists of approximately 26245 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-09, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $95,772.38. This figure is scheduled for an annual increase based on a 3.7% escalation rate. A security deposit of $191,544.76 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Boyd-Brown is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Anderson LLC 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-2024-2307",
"parties": {
"lessor_details": {
"name": "Anderson LLC Properties",
"entity_type": "LLC",
"address": "6718 Martin Parks\nNew Carolyn, PW 50870"
},
"lessee_details": {
"name": "Boyd-Brown",
"entity_type": "LLC",
"address": "0846 Frederick Streets\nMoorebury, CT 07863"
}
},
"property_details": {
"address": "5716 Christopher Junctions Suite 651\nPort Joel, IA 95845",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 3B in Building 6",
"square_footage_sqft": 26245
},
"lease_terms": {
"effective_date": "2024-06-06",
"commencement_date": "2024-08-09",
"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%"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 95772.38,
"annual_escalation_rate_percent": 3.7,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.24%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.10%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 191544.76,
"late_payment_interest_rate_percent": 5.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Anderson LLC Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Anderson LLC Properties",
"Hill, Moody and Rose 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-2024-1167
Status: Executed
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Stewart-Powell Inc., and the Tenant, Walters-Herring. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-10.
The subject of this lease concerns the Partial suite 39 in Building 7 at the property located at 408 Williams Groves Apt. 996
Lake Jennaview, FL 69918. 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 2024-05-28, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $44,795.72. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $44,795.72 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Walters-Herring 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 Stewart-Powell Inc.. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1167",
"parties": {
"lessor_details": {
"name": "Stewart-Powell Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Walters-Herring",
"entity_type": "LLC",
"address": "24799 Watkins Ways Suite 017\nNew Nathan, VI 52279"
}
},
"property_details": {
"address": "408 Williams Groves Apt. 996\nLake Jennaview, FL 69918",
"property_type": "Retail",
"lease_area_description": "Partial suite 39 in Building 7"
},
"lease_terms": {
"effective_date": "2024-03-10",
"commencement_date": "2024-05-28",
"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": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 44795.72,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.50%)",
"estimated_monthly_amount_usd": 6719.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.32%)",
"estimated_monthly_amount_usd": 4479.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 44795.72
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Stewart-Powell Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Stewart-Powell Inc.",
"Baldwin LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9956
Status: Draft
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Park and Sons Inc., and the Tenant, Logan, Obrien and Kennedy. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-22.
The subject of this lease concerns the Partial floor 30A in Building 2 at the property located at 534 Jamie Pine
Riveraport, UT 58407. This Retail facility consists of approximately 34887 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $77,885.23. This figure is scheduled for an annual increase based on a 2.83% escalation rate. A security deposit of $155,770.46 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 6.3% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-9956",
"parties": {
"lessor_details": {
"name": "Park and Sons Inc.",
"entity_type": "Corporation",
"address": "5106 James Pass Apt. 968\nEast Rhonda, AK 52954"
},
"lessee_details": {
"name": "Logan, Obrien and Kennedy",
"entity_type": "Corporation",
"address": "769 Harvey Lodge Suite 757\nLake Kimberlyshire, MD 72337"
}
},
"property_details": {
"address": "534 Jamie Pine\nRiveraport, UT 58407",
"property_type": "Retail",
"lease_area_description": "Partial floor 30A in Building 2",
"square_footage_sqft": 34887
},
"lease_terms": {
"effective_date": "2024-01-22",
"commencement_date": "2024-02-06",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 77885.23,
"annual_escalation_rate_percent": 2.83,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.59%)",
"estimated_monthly_amount_usd": 11682.78
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.79%)",
"estimated_monthly_amount_usd": 7788.52
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 155770.46,
"late_payment_interest_rate_percent": 6.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"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-2024-1589
Status: Amended
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones PLC LLC, and the Tenant, Curtis 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 2024-06-16.
The subject of this lease concerns the Entire floor 18 in Building 4 at the property located at 7414 Hobbs Streets
Port Paul, UT 67132. 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 2024-09-07, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $164,150.88. This figure is scheduled for an annual increase based on a 3.57% escalation rate. A security deposit of $328,301.76 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 requires Landlord's explicit consent.
Per section 10.1, Curtis 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 Jones PLC LLC.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1589",
"parties": {
"lessor_details": {
"name": "Jones PLC LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Curtis Inc",
"entity_type": "LLC",
"address": "666 Cross Islands Apt. 214\nSharonborough, WA 33913"
}
},
"property_details": {
"address": "7414 Hobbs Streets\nPort Paul, UT 67132",
"property_type": "Office",
"lease_area_description": "Entire floor 18 in Building 4"
},
"lease_terms": {
"effective_date": "2024-06-16",
"commencement_date": "2024-09-07",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
},
{
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 164150.88,
"annual_escalation_rate_percent": 3.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.17%)",
"estimated_monthly_amount_usd": 24622.63
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.77%)",
"estimated_monthly_amount_usd": 16415.09
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 328301.76
},
"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": [
"Jones PLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Jones PLC LLC",
"Reid 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-2023-6222
Status: Executed
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hernandez, Wallace and Reynolds Properties, and the Tenant, Smith, Rodriguez and Perry. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-10.
The subject of this lease concerns the Entire unit 24 in Building 5 at the property located at 6946 Fisher Mills
New David, MO 72353. This Warehouse facility consists of approximately 8358 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-19, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $22,928.78. This figure is scheduled for an annual increase based on a 3.07% escalation rate. A security deposit of $22,928.78 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, Smith, Rodriguez and Perry 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 Hernandez, Wallace and Reynolds Properties. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6222",
"parties": {
"lessor_details": {
"name": "Hernandez, Wallace and Reynolds Properties",
"entity_type": "Limited Partnership",
"address": "621 James Radial\nSheltonbury, DE 11635"
},
"lessee_details": {
"name": "Smith, Rodriguez and Perry",
"entity_type": "LLC",
"address": "13273 Shelton Trail Apt. 735\nHuberbury, SD 17967"
}
},
"property_details": {
"address": "6946 Fisher Mills\nNew David, MO 72353",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 24 in Building 5",
"square_footage_sqft": 8358
},
"lease_terms": {
"effective_date": "2023-09-10",
"commencement_date": "2023-11-19",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 22928.78,
"annual_escalation_rate_percent": 3.07,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.32%)",
"estimated_monthly_amount_usd": 3439.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.34%)",
"estimated_monthly_amount_usd": 2292.88
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 22928.78
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Missouri",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Hernandez, Wallace and Reynolds Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hernandez, Wallace and Reynolds Properties",
"Davis, Gilmore 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-2023-3273
Status: Draft
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wyatt, Ellison and Luna Properties, and the Tenant, Kim 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 2023-10-09.
The subject of this lease concerns the Entire suite 3 in Building 8 at the property located at Unit 7102 Box 0564
DPO AP 60490. This Industrial facility consists of approximately 6998 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-01, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $9,272.35. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $9,272.35 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Kim 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 Wyatt, Ellison and Luna 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 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-2023-3273",
"parties": {
"lessor_details": {
"name": "Wyatt, Ellison and Luna Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Kim LLC",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "Unit 7102 Box 0564\nDPO AP 60490",
"property_type": "Industrial",
"lease_area_description": "Entire suite 3 in Building 8",
"square_footage_sqft": 6998
},
"lease_terms": {
"effective_date": "2023-10-09",
"commencement_date": "2023-12-01",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 9272.35,
"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": 1390.85
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.92%)",
"estimated_monthly_amount_usd": 927.24
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 9272.35,
"late_payment_interest_rate_percent": 15.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wyatt, Ellison and Luna Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wyatt, Ellison and Luna Properties",
"Thomas 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-2024-6766
Status: Executed
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hamilton and Sons Holdings, and the Tenant, Adams-Bass. The team is preparing for the 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 suite 23 in Building 1 at the property located at 718 Ross Pike Apt. 763
West Tylerside, RI 93966. This Retail facility consists of approximately 27603 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-29, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $108,226.76. This figure is scheduled for an annual increase based on a 2.88% escalation rate. A security deposit of $216,453.52 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, Adams-Bass 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 Hamilton and Sons Holdings. Late payments of rent will accrue interest at a rate of 8.0% 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-2024-6766",
"parties": {
"lessor_details": {
"name": "Hamilton and Sons Holdings",
"entity_type": "LLC",
"address": "8866 Chapman Fort\nNorth Paul, SC 80904"
},
"lessee_details": {
"name": "Adams-Bass",
"entity_type": "Corporation",
"address": "9399 Sanchez Squares Suite 861\nVelazquezmouth, OR 75804"
}
},
"property_details": {
"address": "718 Ross Pike Apt. 763\nWest Tylerside, RI 93966",
"property_type": "Retail",
"lease_area_description": "Entire suite 23 in Building 1",
"square_footage_sqft": 27603
},
"lease_terms": {
"effective_date": "2024-02-27",
"commencement_date": "2024-03-29",
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 108226.76,
"annual_escalation_rate_percent": 2.88,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.43%)",
"estimated_monthly_amount_usd": 16234.01
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.39%)",
"estimated_monthly_amount_usd": 10822.68
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 216453.52,
"late_payment_interest_rate_percent": 8.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Hamilton and Sons Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hamilton and Sons Holdings",
"Clark 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-2023-3532
Status: Under Review
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rivera-Alexander Ventures, and the Tenant, Sanchez-Allen. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-13.
The subject of this lease concerns the Entire unit 49B in Building 8 at the property located at 9737 Virginia Canyon
Bellchester, WV 48114. This Mixed-Use facility consists of approximately 41105 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-08-17, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $81,422.15. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $81,422.15 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 5.2% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3532",
"parties": {
"lessor_details": {
"name": "Rivera-Alexander Ventures",
"entity_type": "LLC",
"address": "159 Bradley Square Apt. 317\nNorth Lauriefort, NV 48760"
},
"lessee_details": {
"name": "Sanchez-Allen",
"entity_type": "S-Corp",
"address": "028 Ray Falls\nMelissachester, ID 03649"
}
},
"property_details": {
"address": "9737 Virginia Canyon\nBellchester, WV 48114",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 49B in Building 8",
"square_footage_sqft": 41105
},
"lease_terms": {
"effective_date": "2023-08-13",
"commencement_date": "2023-08-17",
"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": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 81422.15,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.17%)",
"estimated_monthly_amount_usd": 12213.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.34%)",
"estimated_monthly_amount_usd": 8142.22
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 81422.15,
"late_payment_interest_rate_percent": 5.2
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1843
Status: Amended
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Vasquez, Coleman and Horne Ventures, and the Tenant, Johnson Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-03.
The subject of this lease concerns the Partial unit 46A in Building 4 at the property located at 4192 Vasquez Light Suite 969
Wyattbury, CO 59133. 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 2024-08-26, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $91,571.32. This figure is scheduled for an annual increase based on a 2.91% escalation rate. A security deposit of $91,571.32 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Johnson Ltd is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Vasquez, Coleman and Horne Ventures. Late payments of rent will accrue interest at a rate of 11.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-1843",
"parties": {
"lessor_details": {
"name": "Vasquez, Coleman and Horne Ventures",
"entity_type": "Limited Partnership",
"address": "7808 Harris Station\nPort Jeffrey, FM 86014"
},
"lessee_details": {
"name": "Johnson Ltd",
"entity_type": "Corporation",
"address": "8472 Moreno Creek Apt. 703\nLake Ryan, WA 64492"
}
},
"property_details": {
"address": "4192 Vasquez Light Suite 969\nWyattbury, CO 59133",
"property_type": "Office",
"lease_area_description": "Partial unit 46A in Building 4"
},
"lease_terms": {
"effective_date": "2024-07-03",
"commencement_date": "2024-08-26",
"initial_term_months": 36,
"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": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 91571.32,
"annual_escalation_rate_percent": 2.91,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.44%)",
"estimated_monthly_amount_usd": 13735.7
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.69%)",
"estimated_monthly_amount_usd": 9157.13
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 91571.32,
"late_payment_interest_rate_percent": 11.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Vasquez, Coleman and Horne Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Vasquez, Coleman and Horne Ventures",
"Martinez 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-2023-3746
Status: Executed
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Tanner LLC Holdings, and the Tenant, Bell, Boyd and Hodges. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-21.
The subject of this lease concerns the Partial suite 46A in Building 4 at the property located at 286 Terry Neck Suite 169
North Christopher, AK 04256. 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 2023-12-16, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $56,169.85. This figure is scheduled for an annual increase based on a 2.46% escalation rate. A security deposit of $112,339.70 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 requires Landlord's explicit consent.
Per section 10.1, Bell, Boyd and Hodges 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 Tanner LLC 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-2023-3746",
"parties": {
"lessor_details": {
"name": "Tanner LLC Holdings",
"entity_type": "LLC",
"address": "8559 Smith Streets Suite 621\nHollowayland, OK 48966"
},
"lessee_details": {
"name": "Bell, Boyd and Hodges",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "286 Terry Neck Suite 169\nNorth Christopher, AK 04256",
"property_type": "Office",
"lease_area_description": "Partial suite 46A in Building 4"
},
"lease_terms": {
"effective_date": "2023-11-21",
"commencement_date": "2023-12-16",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 56169.85,
"annual_escalation_rate_percent": 2.46,
"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 (6.78%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 112339.7
},
"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": 1000000,
"named_insureds_required": [
"Tanner LLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Tanner LLC Holdings",
"Lee 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-2024-2561
Status: Draft
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones-Anderson Properties, and the Tenant, Jenkins-Jones. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-26.
The subject of this lease concerns the Partial suite 19 in Building 3 at the property located at 385 Alicia Vista
Kelseyland, PR 50745. This Warehouse facility consists of approximately 26191 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-29, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $79,620.64. This figure is scheduled for an annual increase based on a 3.28% escalation rate. A security deposit of $79,620.64 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, Jenkins-Jones is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Jones-Anderson Properties. Late payments of rent will accrue interest at a rate of 6.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-2561",
"parties": {
"lessor_details": {
"name": "Jones-Anderson Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Jenkins-Jones",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "385 Alicia Vista\nKelseyland, PR 50745",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 19 in Building 3",
"square_footage_sqft": 26191
},
"lease_terms": {
"effective_date": "2024-06-26",
"commencement_date": "2024-06-29",
"initial_term_months": 60,
"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": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 79620.64,
"annual_escalation_rate_percent": 3.28,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.74%)",
"estimated_monthly_amount_usd": 11943.1
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.59%)",
"estimated_monthly_amount_usd": 7962.06
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 79620.64,
"late_payment_interest_rate_percent": 6.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Jones-Anderson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Jones-Anderson Properties",
"Reyes, Huerta and Carr 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-2023-4001
Status: Executed
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ferrell, Lopez and Paul Ventures, and the Tenant, Johnson-Evans. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-20.
The subject of this lease concerns the Entire floor 26A in Building 5 at the property located at 51202 Henderson Valleys
Elizabethfurt, GU 91369. This Industrial facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $68,411.66. This figure is scheduled for an annual increase based on a 2.23% escalation rate. A security deposit of $136,823.32 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Johnson-Evans 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 Ferrell, Lopez and Paul Ventures. 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-2023-4001",
"parties": {
"lessor_details": {
"name": "Ferrell, Lopez and Paul Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Johnson-Evans",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "51202 Henderson Valleys\nElizabethfurt, GU 91369",
"property_type": "Industrial",
"lease_area_description": "Entire floor 26A in Building 5"
},
"lease_terms": {
"effective_date": "2023-08-20",
"commencement_date": "2023-09-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 68411.66,
"annual_escalation_rate_percent": 2.23,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.44%)",
"estimated_monthly_amount_usd": 10261.75
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.65%)",
"estimated_monthly_amount_usd": 6841.17
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 136823.32,
"late_payment_interest_rate_percent": 5.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Missouri",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Ferrell, Lopez and Paul Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Ferrell, Lopez and Paul Ventures",
"Cooper-Moses 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-2024-7468
Status: Under Review
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Werner-Jenkins Properties, and the Tenant, Johnson, Norman and Reed. The team is preparing for the 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 suite 41A in Building 7 at the property located at 2533 Jackson Islands Apt. 269
Francisbury, CT 46414. This Retail facility consists of approximately 5244 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-26, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $9,019.68. This figure is scheduled for an annual increase based on a 2.45% escalation rate. A security deposit of $9,019.68 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Johnson, Norman and Reed 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 Werner-Jenkins Properties. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7468",
"parties": {
"lessor_details": {
"name": "Werner-Jenkins Properties",
"entity_type": "Corporation",
"address": "539 Mejia Square\nCarlville, FL 32396"
},
"lessee_details": {
"name": "Johnson, Norman and Reed",
"entity_type": "S-Corp",
"address": "7526 Michelle Views Suite 003\nEast Veronica, MS 95198"
}
},
"property_details": {
"address": "2533 Jackson Islands Apt. 269\nFrancisbury, CT 46414",
"property_type": "Retail",
"lease_area_description": "Entire suite 41A in Building 7",
"square_footage_sqft": 5244
},
"lease_terms": {
"effective_date": "2024-07-02",
"commencement_date": "2024-09-26",
"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
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 9019.68,
"annual_escalation_rate_percent": 2.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.63%)",
"estimated_monthly_amount_usd": 1352.95
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.73%)",
"estimated_monthly_amount_usd": 901.97
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 9019.68
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Michigan",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Werner-Jenkins Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Werner-Jenkins Properties",
"Flores, Stein and Edwards 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-2024-5236
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kidd Group Holdings, and the Tenant, Russo Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-14.
The subject of this lease concerns the Partial floor 33A in Building 8 at the property located at 900 Nathan Springs
South Lindsayborough, ND 75139. 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 2024-06-28, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $21,807.04. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $43,614.08 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 Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Russo Ltd is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Kidd Group Holdings. Late payments of rent will accrue interest at a rate of 12.2% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5236",
"parties": {
"lessor_details": {
"name": "Kidd Group Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Russo Ltd",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "900 Nathan Springs\nSouth Lindsayborough, ND 75139",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 33A in Building 8"
},
"lease_terms": {
"effective_date": "2024-05-14",
"commencement_date": "2024-06-28",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 21807.04,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 3271.06
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.01%)",
"estimated_monthly_amount_usd": 2180.7
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 43614.08,
"late_payment_interest_rate_percent": 12.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Kidd Group Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Kidd Group Holdings",
"Gonzalez 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-2024-1744
Status: Amended
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Herman, Rice and Wallace LLC, and the Tenant, Daniels 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 2024-06-24.
The subject of this lease concerns the Entire unit 11A in Building 3 at the property located at 64580 Carter Row
Tiffanyfort, AR 83900. This Warehouse facility consists of approximately 15314 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-24, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $51,403.99. This figure is scheduled for an annual increase based on a 3.24% escalation rate. A security deposit of $51,403.99 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Daniels 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 Herman, Rice and Wallace LLC. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1744",
"parties": {
"lessor_details": {
"name": "Herman, Rice and Wallace LLC",
"entity_type": "Limited Partnership",
"address": "9602 Kristy Estate Suite 305\nNew Johnborough, VI 95919"
},
"lessee_details": {
"name": "Daniels Inc",
"entity_type": "S-Corp",
"address": "92565 Meghan Plaza Apt. 357\nSmithton, MI 16647"
}
},
"property_details": {
"address": "64580 Carter Row\nTiffanyfort, AR 83900",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 11A in Building 3",
"square_footage_sqft": 15314
},
"lease_terms": {
"effective_date": "2024-06-24",
"commencement_date": "2024-07-24",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 51403.99,
"annual_escalation_rate_percent": 3.24,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.34%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.69%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 51403.99
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Herman, Rice and Wallace LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Herman, Rice and Wallace LLC",
"Barry-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-2024-1530
Status: Under Review
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Torres PLC LLC, and the Tenant, Bell 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 2024-08-06.
The subject of this lease concerns the Partial unit 34 in Building 5 at the property located at 187 Christopher Bypass Suite 596
Haynesborough, SD 73308. 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 2024-10-09, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $127,844.52. This figure is scheduled for an annual increase based on a 3.14% escalation rate. A security deposit of $127,844.52 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Bell 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 Torres PLC LLC. Late payments of rent will accrue interest at a rate of 17.2% 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-2024-1530",
"parties": {
"lessor_details": {
"name": "Torres PLC LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Bell Inc",
"entity_type": "Corporation",
"address": "20332 Harris Rue\nReginahaven, ID 74446"
}
},
"property_details": {
"address": "187 Christopher Bypass Suite 596\nHaynesborough, SD 73308",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 34 in Building 5"
},
"lease_terms": {
"effective_date": "2024-08-06",
"commencement_date": "2024-10-09",
"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": true,
"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": 127844.52,
"annual_escalation_rate_percent": 3.14,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.03%)",
"estimated_monthly_amount_usd": 19176.68
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 12784.45
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 127844.52,
"late_payment_interest_rate_percent": 17.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Torres PLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Torres PLC LLC",
"Burns-Wolfe Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2804
Status: Amended
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fisher-Hernandez Holdings, and the Tenant, Chavez-Riley. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-13.
The subject of this lease concerns the Entire floor 36 in Building 10 at the property located at 4713 Kaufman Pike Apt. 533
New Joystad, PA 89444. 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 2024-04-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $145,382.55. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $145,382.55 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
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 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-2024-2804",
"parties": {
"lessor_details": {
"name": "Fisher-Hernandez Holdings",
"entity_type": "Limited Partnership",
"address": "462 Christopher Cliffs Apt. 171\nLake Donald, FL 58022"
},
"lessee_details": {
"name": "Chavez-Riley",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "4713 Kaufman Pike Apt. 533\nNew Joystad, PA 89444",
"property_type": "Office",
"lease_area_description": "Entire floor 36 in Building 10"
},
"lease_terms": {
"effective_date": "2024-03-13",
"commencement_date": "2024-04-06",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 145382.55,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.63%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.53%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 145382.55,
"late_payment_interest_rate_percent": 13.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Utah",
"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-2023-7713
Status: Executed
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wyatt Group LLC, and the Tenant, Martinez, Mccullough and 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 2023-10-07.
The subject of this lease concerns the Entire unit 20 in Building 5 at the property located at 411 Adams Meadows
Danaton, GA 72282. This Warehouse facility consists of approximately 44814 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-11, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $219,551.26. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $219,551.26 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Martinez, Mccullough and Schultz 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 Wyatt Group LLC. Late payments of rent will accrue interest at a rate of 9.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7713",
"parties": {
"lessor_details": {
"name": "Wyatt Group LLC",
"entity_type": "Corporation",
"address": "432 Valerie Path Suite 077\nNorth Jacqueline, SC 36935"
},
"lessee_details": {
"name": "Martinez, Mccullough and Schultz",
"entity_type": "S-Corp",
"address": "221 Marshall Mill\nNew Elizabethshire, RI 21043"
}
},
"property_details": {
"address": "411 Adams Meadows\nDanaton, GA 72282",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 20 in Building 5",
"square_footage_sqft": 44814
},
"lease_terms": {
"effective_date": "2023-10-07",
"commencement_date": "2023-10-11",
"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
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 219551.26,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.55%)",
"estimated_monthly_amount_usd": 32932.69
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.74%)",
"estimated_monthly_amount_usd": 21955.13
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 219551.26,
"late_payment_interest_rate_percent": 9.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Wyatt Group LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Wyatt Group LLC",
"Gardner LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-2351
Status: Draft
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Romero-Trevino Inc., and the Tenant, Mcclain, Thompson and Zamora. The team is preparing for the 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 Partial suite 32B in Building 5 at the property located at 1397 Aaron Shoals
West Brandy, WV 53408. This Retail facility consists of approximately 9671 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-20, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $15,110.94. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $15,110.94 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 Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Mcclain, Thompson and Zamora 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 Romero-Trevino Inc.. Late payments of rent will accrue interest at a rate of 17.2% 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-2024-2351",
"parties": {
"lessor_details": {
"name": "Romero-Trevino Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Mcclain, Thompson and Zamora",
"entity_type": "S-Corp",
"address": "836 Henry Walk Apt. 723\nNancymouth, PA 93009"
}
},
"property_details": {
"address": "1397 Aaron Shoals\nWest Brandy, WV 53408",
"property_type": "Retail",
"lease_area_description": "Partial suite 32B in Building 5",
"square_footage_sqft": 9671
},
"lease_terms": {
"effective_date": "2024-06-21",
"commencement_date": "2024-07-20",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"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": 15110.94,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.03%)",
"estimated_monthly_amount_usd": 2266.64
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.04%)",
"estimated_monthly_amount_usd": 1511.09
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 15110.94,
"late_payment_interest_rate_percent": 17.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Romero-Trevino Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Romero-Trevino Inc.",
"Chan 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-2023-9498
Status: Amended
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Huff-Alexander Properties, and the Tenant, Hale-Hines. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-21.
The subject of this lease concerns the Entire floor 50B in Building 1 at the property located at 1438 Roberto Station
North Blake, GU 03722. 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 2024-03-16, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $3,015.62. This figure is scheduled for an annual increase based on a 1.86% escalation rate. A security deposit of $3,015.62 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to 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, Hale-Hines 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 Huff-Alexander Properties. Late payments of rent will accrue interest at a rate of 8.8% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-9498",
"parties": {
"lessor_details": {
"name": "Huff-Alexander Properties",
"entity_type": "Corporation",
"address": "4960 Nancy Knolls Apt. 387\nEast Gregoryburgh, NY 31797"
},
"lessee_details": {
"name": "Hale-Hines",
"entity_type": "S-Corp",
"address": "42688 Kennedy Place Suite 288\nMeaganville, SD 65165"
}
},
"property_details": {
"address": "1438 Roberto Station\nNorth Blake, GU 03722",
"property_type": "Office",
"lease_area_description": "Entire floor 50B in Building 1"
},
"lease_terms": {
"effective_date": "2023-12-21",
"commencement_date": "2024-03-16",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 3015.62,
"annual_escalation_rate_percent": 1.86,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.27%)",
"estimated_monthly_amount_usd": 452.34
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.41%)",
"estimated_monthly_amount_usd": 301.56
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 3015.62,
"late_payment_interest_rate_percent": 8.8
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Huff-Alexander Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Huff-Alexander Properties",
"Romero-Jones 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-2024-8217
Status: Amended
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kelly, Brady and Holland Holdings, and the Tenant, Reeves PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-10.
The subject of this lease concerns the Partial unit 42 in Building 6 at the property located at 92995 Turner Highway
Pughview, PA 64763. 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 2024-02-22, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $55,641.26. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $55,641.26 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, Reeves 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 Kelly, Brady and Holland Holdings. Late payments of rent will accrue interest at a rate of 7.0% 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 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-2024-8217",
"parties": {
"lessor_details": {
"name": "Kelly, Brady and Holland Holdings",
"entity_type": "LLC",
"address": "123 Conrad Neck\nDavidport, NY 34252"
},
"lessee_details": {
"name": "Reeves PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "92995 Turner Highway\nPughview, PA 64763",
"property_type": "Retail",
"lease_area_description": "Partial unit 42 in Building 6"
},
"lease_terms": {
"effective_date": "2024-02-10",
"commencement_date": "2024-02-22",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 55641.26,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.83%)",
"estimated_monthly_amount_usd": 8346.19
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.08%)",
"estimated_monthly_amount_usd": 5564.13
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 55641.26,
"late_payment_interest_rate_percent": 7.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Kelly, Brady and Holland Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Kelly, Brady and Holland Holdings",
"Duran, Jones and Foley 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-2024-6995
Status: Executed
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Barnes, Ward and Davis LLC, and the Tenant, Morton 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 2024-07-05.
The subject of this lease concerns the Entire suite 9B in Building 3 at the property located at 557 Sarah Common Apt. 294
Boltonborough, WY 93909. This Retail facility consists of approximately 48927 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-07, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $117,384.03. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $117,384.03 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, Morton Inc is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Barnes, Ward and Davis LLC. 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-2024-6995",
"parties": {
"lessor_details": {
"name": "Barnes, Ward and Davis LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Morton Inc",
"entity_type": "Corporation",
"address": "02295 James Orchard Suite 267\nNew Robinbury, HI 11476"
}
},
"property_details": {
"address": "557 Sarah Common Apt. 294\nBoltonborough, WY 93909",
"property_type": "Retail",
"lease_area_description": "Entire suite 9B in Building 3",
"square_footage_sqft": 48927
},
"lease_terms": {
"effective_date": "2024-07-05",
"commencement_date": "2024-07-07",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 117384.03,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.89%)",
"estimated_monthly_amount_usd": 17607.6
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.81%)",
"estimated_monthly_amount_usd": 11738.4
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 117384.03
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Barnes, Ward and Davis LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Barnes, Ward and Davis LLC",
"Lee-Taylor 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-2024-7081
Status: Amended
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones-Simmons Holdings, and the Tenant, Reyes-Cook. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-30.
The subject of this lease concerns the Entire suite 39A in Building 6 at the property located at 546 Chase Neck Apt. 744
Stevensonhaven, UT 37312. This Retail facility consists of approximately 27161 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-11, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $70,595.97. This figure is scheduled for an annual increase based on a 2.39% escalation rate. A security deposit of $141,191.94 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Reyes-Cook is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Jones-Simmons 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-2024-7081",
"parties": {
"lessor_details": {
"name": "Jones-Simmons Holdings",
"entity_type": "Limited Partnership",
"address": "3436 Chase Mission\nWest Kaitlyn, MD 48231"
},
"lessee_details": {
"name": "Reyes-Cook",
"entity_type": "LLC"
}
},
"property_details": {
"address": "546 Chase Neck Apt. 744\nStevensonhaven, UT 37312",
"property_type": "Retail",
"lease_area_description": "Entire suite 39A in Building 6",
"square_footage_sqft": 27161
},
"lease_terms": {
"effective_date": "2024-06-30",
"commencement_date": "2024-09-11",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 70595.97,
"annual_escalation_rate_percent": 2.39,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.14%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.56%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 141191.94,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Light manufacturing and assembly 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": [
"Jones-Simmons Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jones-Simmons Holdings",
"Freeman-Brown 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-2024-6902
Status: Draft
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Chen, Foster and Garcia Ventures, and the Tenant, Burke, Munoz and Valencia. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-10.
The subject of this lease concerns the Entire unit 4B in Building 6 at the property located at 8259 Leah Haven Apt. 502
East Kayla, MN 54783. This Mixed-Use facility consists of approximately 20618 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-20, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $88,451.22. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $88,451.22 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Burke, Munoz and Valencia 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 Chen, Foster and Garcia Ventures. Late payments of rent will accrue interest at a rate of 13.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6902",
"parties": {
"lessor_details": {
"name": "Chen, Foster and Garcia Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Burke, Munoz and Valencia",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "8259 Leah Haven Apt. 502\nEast Kayla, MN 54783",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 4B in Building 6",
"square_footage_sqft": 20618
},
"lease_terms": {
"effective_date": "2024-03-10",
"commencement_date": "2024-04-20",
"initial_term_months": 120,
"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": "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": 88451.22,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.69%)",
"estimated_monthly_amount_usd": 13267.68
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.97%)",
"estimated_monthly_amount_usd": 8845.12
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 88451.22,
"late_payment_interest_rate_percent": 13.7
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Chen, Foster and Garcia Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Chen, Foster and Garcia Ventures",
"Ramsey, Hardy and Thompson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4100
Status: Amended
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcgee-Evans Holdings, and the Tenant, Finley and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-10.
The subject of this lease concerns the Entire unit 14A in Building 10 at the property located at Unit 6981 Box 9103
DPO AP 70598. This Retail facility consists of approximately 40759 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $167,383.63. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $167,383.63 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Finley 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 Mcgee-Evans Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-4100",
"parties": {
"lessor_details": {
"name": "Mcgee-Evans Holdings",
"entity_type": "Limited Partnership",
"address": "0220 Sawyer Plains\nChambersstad, NM 09590"
},
"lessee_details": {
"name": "Finley and Sons",
"entity_type": "Corporation",
"address": "48109 Stephen Corners\nJohnside, PR 62430"
}
},
"property_details": {
"address": "Unit 6981 Box 9103\nDPO AP 70598",
"property_type": "Retail",
"lease_area_description": "Entire unit 14A in Building 10",
"square_footage_sqft": 40759
},
"lease_terms": {
"effective_date": "2024-03-10",
"commencement_date": "2024-05-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 167383.63,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.24%)",
"estimated_monthly_amount_usd": 25107.54
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.88%)",
"estimated_monthly_amount_usd": 16738.36
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 167383.63
},
"permitted_use": "Professional services 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": [
"Mcgee-Evans Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Mcgee-Evans Holdings",
"Adams LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-7436
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Beck, White and Duke Inc., and the Tenant, Jordan, Moore and Powers. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-09.
The subject of this lease concerns the Partial unit 18 in Building 4 at the property located at 52997 Gary Roads
Valenciabury, ND 56238. This Office facility consists of approximately 44150 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-28, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $111,000.46. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $111,000.46 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, Jordan, Moore and Powers 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 Beck, White and Duke 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-2023-7436",
"parties": {
"lessor_details": {
"name": "Beck, White and Duke Inc.",
"entity_type": "LLC",
"address": "5837 Davis Forest Apt. 778\nDuncanton, PR 52309"
},
"lessee_details": {
"name": "Jordan, Moore and Powers",
"entity_type": "LLC",
"address": "854 Bobby Road Apt. 763\nPort Brittany, PR 77073"
}
},
"property_details": {
"address": "52997 Gary Roads\nValenciabury, ND 56238",
"property_type": "Office",
"lease_area_description": "Partial unit 18 in Building 4",
"square_footage_sqft": 44150
},
"lease_terms": {
"effective_date": "2023-10-09",
"commencement_date": "2023-11-28",
"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
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 111000.46,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.17%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.61%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 111000.46,
"late_payment_interest_rate_percent": 17.1
},
"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": 2000000,
"named_insureds_required": [
"Beck, White and Duke Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Beck, White and Duke Inc.",
"Stevenson-Gallagher 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-2024-6034
Status: Draft
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith-Rodriguez LLC, and the Tenant, Medina, Brown 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 2024-05-03.
The subject of this lease concerns the Entire floor 12B in Building 4 at the property located at 0203 Cathy Vista Suite 803
Garciafurt, DC 47325. This Mixed-Use facility consists of approximately 48349 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-22, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $81,750.10. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $81,750.10 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, Medina, Brown and Lee 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-Rodriguez LLC. Late payments of rent will accrue interest at a rate of 6.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-6034",
"parties": {
"lessor_details": {
"name": "Smith-Rodriguez LLC",
"entity_type": "Corporation",
"address": "96412 James Haven Suite 139\nMadisonton, IN 19984"
},
"lessee_details": {
"name": "Medina, Brown and Lee",
"entity_type": "LLC",
"address": "9979 Patel Summit\nLake Jill, KY 69746"
}
},
"property_details": {
"address": "0203 Cathy Vista Suite 803\nGarciafurt, DC 47325",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 12B in Building 4",
"square_footage_sqft": 48349
},
"lease_terms": {
"effective_date": "2024-05-03",
"commencement_date": "2024-07-22",
"initial_term_months": 36,
"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": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 81750.1,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.56%)",
"estimated_monthly_amount_usd": 12262.52
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.05%)",
"estimated_monthly_amount_usd": 8175.01
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 81750.1,
"late_payment_interest_rate_percent": 6.0
},
"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": [
"Smith-Rodriguez LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Smith-Rodriguez LLC",
"Hunt-Ruiz 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-2023-6024
Status: Under Review
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Howell PLC Inc., and the Tenant, Hernandez, Bauer and Pittman. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-31.
The subject of this lease concerns the Partial floor 33B in Building 8 at the property located at 99550 Thompson Road Apt. 439
Lake Krista, PR 58853. This Mixed-Use facility consists of approximately 28376 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-22, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $88,935.11. This figure is scheduled for an annual increase based on a 3.45% escalation rate. A security deposit of $88,935.11 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Hernandez, Bauer and Pittman 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 Howell PLC Inc.. Late payments of rent will accrue interest at a rate of 11.3% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-6024",
"parties": {
"lessor_details": {
"name": "Howell PLC Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Hernandez, Bauer and Pittman",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "99550 Thompson Road Apt. 439\nLake Krista, PR 58853",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 33B in Building 8",
"square_footage_sqft": 28376
},
"lease_terms": {
"effective_date": "2023-12-31",
"commencement_date": "2024-02-22",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
},
{
"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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 88935.11,
"annual_escalation_rate_percent": 3.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.54%)",
"estimated_monthly_amount_usd": 13340.27
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.47%)",
"estimated_monthly_amount_usd": 8893.51
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 88935.11,
"late_payment_interest_rate_percent": 11.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Howell PLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Howell PLC Inc.",
"Sutton-Clark 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-2024-6128
Status: Amended
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Patterson and Sons Inc., and the Tenant, Bennett 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 2024-01-23.
The subject of this lease concerns the Entire floor 41B in Building 4 at the property located at 76495 Murphy Drives
Valenciatown, FM 96307. This Warehouse facility consists of approximately 31609 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-13, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $105,416.02. This figure is scheduled for an annual increase based on a 2.07% escalation rate. A security deposit of $105,416.02 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.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6128",
"parties": {
"lessor_details": {
"name": "Patterson and Sons Inc.",
"entity_type": "Limited Partnership",
"address": "76258 Erik Mews\nNew Jamesfort, TX 07810"
},
"lessee_details": {
"name": "Bennett PLC",
"entity_type": "S-Corp",
"address": "35353 Hunt Isle\nLake Leslie, CT 10838"
}
},
"property_details": {
"address": "76495 Murphy Drives\nValenciatown, FM 96307",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 41B in Building 4",
"square_footage_sqft": 31609
},
"lease_terms": {
"effective_date": "2024-01-23",
"commencement_date": "2024-02-13",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 105416.02,
"annual_escalation_rate_percent": 2.07,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.13%)",
"estimated_monthly_amount_usd": 15812.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.32%)",
"estimated_monthly_amount_usd": 10541.6
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 105416.02
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"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-2023-9386
Status: Amended
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Evans Inc LLC, and the Tenant, Garcia Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-26.
The subject of this lease concerns the Partial suite 14 in Building 4 at the property located at 43035 Clark Park
New Chrisport, VI 54366. This Retail facility consists of approximately 34605 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-23, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $126,913.84. This figure is scheduled for an annual increase based on a 3.33% escalation rate. A security deposit of $253,827.68 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.
Per section 10.1, Garcia Ltd is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Evans Inc LLC. Late payments of rent will accrue interest at a rate of 16.0% 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-2023-9386",
"parties": {
"lessor_details": {
"name": "Evans Inc LLC",
"entity_type": "LLC",
"address": "017 Sanders Spurs Suite 042\nGabrielbury, KY 90993"
},
"lessee_details": {
"name": "Garcia Ltd",
"entity_type": "S-Corp",
"address": "711 Prince Ranch\nIsabelton, VI 66046"
}
},
"property_details": {
"address": "43035 Clark Park\nNew Chrisport, VI 54366",
"property_type": "Retail",
"lease_area_description": "Partial suite 14 in Building 4",
"square_footage_sqft": 34605
},
"lease_terms": {
"effective_date": "2023-08-26",
"commencement_date": "2023-09-23",
"initial_term_months": 84,
"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": 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": 126913.84,
"annual_escalation_rate_percent": 3.33,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.59%)",
"estimated_monthly_amount_usd": 19037.08
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.53%)",
"estimated_monthly_amount_usd": 12691.38
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 253827.68,
"late_payment_interest_rate_percent": 16.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Evans Inc LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Evans Inc LLC",
"Nelson 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-2024-2012
Status: Executed
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ward, Gomez and Hogan Holdings, and the Tenant, Maldonado-Barr. The team is preparing for the 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 unit 20A in Building 6 at the property located at 0176 Gregory Springs Suite 111
South Debbie, GA 76580. This Warehouse facility consists of approximately 45283 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-21, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $141,773.53. This figure is scheduled for an annual increase based on a 3.36% escalation rate. A security deposit of $283,547.06 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Maldonado-Barr 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, Gomez and Hogan 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-2024-2012",
"parties": {
"lessor_details": {
"name": "Ward, Gomez and Hogan Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Maldonado-Barr",
"entity_type": "S-Corp",
"address": "151 Erika Square Apt. 955\nNorth Briana, MH 08375"
}
},
"property_details": {
"address": "0176 Gregory Springs Suite 111\nSouth Debbie, GA 76580",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 20A in Building 6",
"square_footage_sqft": 45283
},
"lease_terms": {
"effective_date": "2024-02-28",
"commencement_date": "2024-03-21",
"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": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 141773.53,
"annual_escalation_rate_percent": 3.36,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.80%)",
"estimated_monthly_amount_usd": 21266.03
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.06%)",
"estimated_monthly_amount_usd": 14177.35
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 283547.06
},
"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": 2000000,
"named_insureds_required": [
"Ward, Gomez and Hogan Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Ward, Gomez and Hogan Holdings",
"Robertson 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-2024-8985
Status: Draft
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hughes, Coleman and Yang Holdings, and the Tenant, Miller Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-17.
The subject of this lease concerns the Partial floor 13A in Building 8 at the property located at 2056 Patricia Island
Eugeneport, ID 05062. 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 2024-07-25, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $16,102.37. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $32,204.74 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 is permitted subject to standard conditions.
Per section 10.1, Miller Inc is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Hughes, Coleman and Yang 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-2024-8985",
"parties": {
"lessor_details": {
"name": "Hughes, Coleman and Yang Holdings",
"entity_type": "Corporation",
"address": "8253 Smith Garden\nNew Autumnborough, KS 02713"
},
"lessee_details": {
"name": "Miller Inc",
"entity_type": "Corporation",
"address": "64914 Christina Plaza Suite 203\nCollinsland, DE 29580"
}
},
"property_details": {
"address": "2056 Patricia Island\nEugeneport, ID 05062",
"property_type": "Office",
"lease_area_description": "Partial floor 13A in Building 8"
},
"lease_terms": {
"effective_date": "2024-06-17",
"commencement_date": "2024-07-25",
"initial_term_months": 60,
"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": 16102.37,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.02%)",
"estimated_monthly_amount_usd": 2415.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.41%)",
"estimated_monthly_amount_usd": 1610.24
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 32204.74
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "North Dakota",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Hughes, Coleman and Yang Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Hughes, Coleman and Yang Holdings",
"Gordon-Hall 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-2024-8503
Status: Under Review
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Copeland-White LLC, and the Tenant, Johnson, Smith and Parker. The team is preparing for the 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 unit 39B in Building 7 at the property located at 321 Perez Manor Apt. 452
Port Nicolefort, TX 93644. 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 2024-05-24, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $160,706.34. This figure is scheduled for an annual increase based on a 1.89% escalation rate. A security deposit of $321,412.68 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Johnson, Smith and Parker 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 Copeland-White LLC.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8503",
"parties": {
"lessor_details": {
"name": "Copeland-White LLC",
"entity_type": "Corporation",
"address": "0242 Mary Avenue Suite 363\nEast Patricia, MN 69938"
},
"lessee_details": {
"name": "Johnson, Smith and Parker",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "321 Perez Manor Apt. 452\nPort Nicolefort, TX 93644",
"property_type": "Office",
"lease_area_description": "Partial unit 39B in Building 7"
},
"lease_terms": {
"effective_date": "2024-04-10",
"commencement_date": "2024-05-24",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 160706.34,
"annual_escalation_rate_percent": 1.89,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.58%)",
"estimated_monthly_amount_usd": 24105.95
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.06%)",
"estimated_monthly_amount_usd": 16070.63
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 321412.68
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Copeland-White LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Copeland-White LLC",
"Manning-Brandt 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-2024-1875
Status: Draft
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bradley Ltd Holdings, and the Tenant, Smith PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-08.
The subject of this lease concerns the Entire suite 3A in Building 3 at the property located at 554 Smith Spur
West Rickyshire, CO 63663. This Industrial facility consists of approximately 26248 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-29, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $112,735.16. This figure is scheduled for an annual increase based on a 3.75% escalation rate. A security deposit of $225,470.32 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Smith 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 Bradley Ltd Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-1875",
"parties": {
"lessor_details": {
"name": "Bradley Ltd Holdings",
"entity_type": "Limited Partnership",
"address": "766 Huffman Street Apt. 306\nYolandamouth, MO 27642"
},
"lessee_details": {
"name": "Smith PLC",
"entity_type": "Corporation",
"address": "00477 Macias Fields\nHarrisburgh, NC 04681"
}
},
"property_details": {
"address": "554 Smith Spur\nWest Rickyshire, CO 63663",
"property_type": "Industrial",
"lease_area_description": "Entire suite 3A in Building 3",
"square_footage_sqft": 26248
},
"lease_terms": {
"effective_date": "2024-02-08",
"commencement_date": "2024-04-29",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 112735.16,
"annual_escalation_rate_percent": 3.75,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.39%)",
"estimated_monthly_amount_usd": 16910.27
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.91%)",
"estimated_monthly_amount_usd": 11273.52
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 225470.32
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Bradley Ltd Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Bradley Ltd Holdings",
"Freeman-Wise 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-2023-2349
Status: Under Review
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Marshall Ltd LLC, and the Tenant, Stanley 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 2023-10-09.
The subject of this lease concerns the Entire suite 43A in Building 4 at the property located at 82185 Anthony Freeway
Shannontown, AS 02081. 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 2023-10-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $78,009.99. This figure is scheduled for an annual increase based on a 1.84% escalation rate. A security deposit of $78,009.99 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, Stanley 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 Marshall Ltd LLC. Late payments of rent will accrue interest at a rate of 10.4% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2349",
"parties": {
"lessor_details": {
"name": "Marshall Ltd LLC",
"entity_type": "LLC",
"address": "66303 Adams Expressway\nSalazarland, MA 22742"
},
"lessee_details": {
"name": "Stanley PLC",
"entity_type": "LLC",
"address": "937 Denise Center Apt. 445\nSouth Jason, IL 93079"
}
},
"property_details": {
"address": "82185 Anthony Freeway\nShannontown, AS 02081",
"property_type": "Retail",
"lease_area_description": "Entire suite 43A in Building 4"
},
"lease_terms": {
"effective_date": "2023-10-09",
"commencement_date": "2023-10-23",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 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": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 78009.99,
"annual_escalation_rate_percent": 1.84,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.01%)",
"estimated_monthly_amount_usd": 11701.5
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.08%)",
"estimated_monthly_amount_usd": 7801.0
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 78009.99,
"late_payment_interest_rate_percent": 10.4
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Vermont",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Marshall Ltd LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Marshall Ltd LLC",
"Miller, Calderon and Tran Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1349
Status: Executed
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wheeler PLC Inc., and the Tenant, Perkins, Gilmore and Fuentes. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-19.
The subject of this lease concerns the Entire suite 31 in Building 8 at the property located at 05122 Carol Keys
Lake Brittneyview, AR 61507. This Retail facility consists of approximately 15413 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $50,837.21. This figure is scheduled for an annual increase based on a 3.25% escalation rate. A security deposit of $101,674.42 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Perkins, Gilmore and Fuentes 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 Wheeler PLC Inc..
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1349",
"parties": {
"lessor_details": {
"name": "Wheeler PLC Inc.",
"entity_type": "LLC",
"address": "193 Steve Oval\nNew Jonathanstad, IL 85568"
},
"lessee_details": {
"name": "Perkins, Gilmore and Fuentes",
"entity_type": "S-Corp",
"address": "4643 Melissa Trail\nCamposhaven, OH 39028"
}
},
"property_details": {
"address": "05122 Carol Keys\nLake Brittneyview, AR 61507",
"property_type": "Retail",
"lease_area_description": "Entire suite 31 in Building 8",
"square_footage_sqft": 15413
},
"lease_terms": {
"effective_date": "2024-03-19",
"commencement_date": "2024-05-23",
"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
},
{
"option_number": 2,
"duration_months": 36,
"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": 50837.21,
"annual_escalation_rate_percent": 3.25,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.03%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 101674.42
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Wheeler PLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wheeler PLC Inc.",
"Hamilton-Garcia Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8120
Status: Under Review
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Coleman, Mendez and Mueller Inc., and the Tenant, Ross, Mathis and Schmidt. The team is preparing for the 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 34 in Building 9 at the property located at 14532 Cindy Mountains Suite 630
Wilsonfort, ID 75727. This Warehouse facility consists of approximately 5131 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-19, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $23,358.88. This figure is scheduled for an annual increase based on a 3.88% escalation rate. A security deposit of $23,358.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ross, Mathis and Schmidt 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 Coleman, Mendez and Mueller Inc.. Late payments of rent will accrue interest at a rate of 15.0% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-8120",
"parties": {
"lessor_details": {
"name": "Coleman, Mendez and Mueller Inc.",
"entity_type": "LLC",
"address": "63236 Patrick Divide Apt. 158\nEast Mackenzieburgh, MP 54249"
},
"lessee_details": {
"name": "Ross, Mathis and Schmidt",
"entity_type": "S-Corp",
"address": "830 Kyle Rapids Suite 964\nJeannefurt, IL 49453"
}
},
"property_details": {
"address": "14532 Cindy Mountains Suite 630\nWilsonfort, ID 75727",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 34 in Building 9",
"square_footage_sqft": 5131
},
"lease_terms": {
"effective_date": "2023-11-20",
"commencement_date": "2024-01-19",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 23358.88,
"annual_escalation_rate_percent": 3.88,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.93%)",
"estimated_monthly_amount_usd": 3503.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.66%)",
"estimated_monthly_amount_usd": 2335.89
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 23358.88,
"late_payment_interest_rate_percent": 15.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Coleman, Mendez and Mueller Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Coleman, Mendez and Mueller Inc.",
"Thomas, Lopez and Merritt 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-2024-2640
Status: Draft
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Morris Inc LLC, and the Tenant, Norton LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-11.
The subject of this lease concerns the Entire unit 28B in Building 3 at the property located at 244 Brown Stream
Meyerhaven, OK 23137. This Warehouse facility consists of approximately 28827 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-19, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $81,292.14. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $162,584.28 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, Norton 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 Morris Inc LLC. Late payments of rent will accrue interest at a rate of 7.5% 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 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-2024-2640",
"parties": {
"lessor_details": {
"name": "Morris Inc LLC",
"entity_type": "LLC",
"address": "348 Crystal Walk\nDavidside, MS 63432"
},
"lessee_details": {
"name": "Norton LLC",
"entity_type": "Corporation",
"address": "189 Richmond Canyon\nSusanfort, MD 94437"
}
},
"property_details": {
"address": "244 Brown Stream\nMeyerhaven, OK 23137",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 28B in Building 3",
"square_footage_sqft": 28827
},
"lease_terms": {
"effective_date": "2024-07-11",
"commencement_date": "2024-08-19",
"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": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"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": 81292.14,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.22%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.83%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 162584.28,
"late_payment_interest_rate_percent": 7.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Morris Inc LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Morris Inc LLC",
"Burns 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-2024-2666
Status: Executed
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jackson PLC Ventures, and the Tenant, Baker PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-14.
The subject of this lease concerns the Partial suite 28A in Building 7 at the property located at Unit 5973 Box 8902
DPO AP 38031. This Office facility consists of approximately 16069 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-12, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $29,058.11. This figure is scheduled for an annual increase based on a 3.66% escalation rate. A security deposit of $58,116.22 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.
Per section 10.1, Baker 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 Jackson PLC Ventures. Late payments of rent will accrue interest at a rate of 6.2% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-2666",
"parties": {
"lessor_details": {
"name": "Jackson PLC Ventures",
"entity_type": "Limited Partnership",
"address": "4800 Gabrielle Ranch\nSmithchester, PA 21053"
},
"lessee_details": {
"name": "Baker PLC",
"entity_type": "S-Corp",
"address": "12954 Simmons Mount Suite 270\nNorth Phillip, KS 38198"
}
},
"property_details": {
"address": "Unit 5973 Box 8902\nDPO AP 38031",
"property_type": "Office",
"lease_area_description": "Partial suite 28A in Building 7",
"square_footage_sqft": 16069
},
"lease_terms": {
"effective_date": "2024-03-14",
"commencement_date": "2024-05-12",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"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": 29058.11,
"annual_escalation_rate_percent": 3.66,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.38%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.39%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 58116.22,
"late_payment_interest_rate_percent": 6.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson PLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jackson PLC Ventures",
"Norris 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-2023-8416
Status: Executed
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hernandez and Sons Holdings, and the Tenant, Mason PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-13.
The subject of this lease concerns the Entire floor 18B in Building 5 at the property located at 3081 Elijah Haven Suite 254
Amandaville, AR 41616. This Office facility consists of approximately 25654 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-11, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $89,853.13. This figure is scheduled for an annual increase based on a 3.91% escalation rate. A security deposit of $89,853.13 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 9.5% 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-2023-8416",
"parties": {
"lessor_details": {
"name": "Hernandez and Sons Holdings",
"entity_type": "Limited Partnership",
"address": "396 Garcia Coves\nNelsonhaven, FL 16122"
},
"lessee_details": {
"name": "Mason PLC",
"entity_type": "Corporation",
"address": "36194 Jones Union\nCharlesstad, HI 38181"
}
},
"property_details": {
"address": "3081 Elijah Haven Suite 254\nAmandaville, AR 41616",
"property_type": "Office",
"lease_area_description": "Entire floor 18B in Building 5",
"square_footage_sqft": 25654
},
"lease_terms": {
"effective_date": "2023-08-13",
"commencement_date": "2023-10-11",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 89853.13,
"annual_escalation_rate_percent": 3.91,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.97%)",
"estimated_monthly_amount_usd": 13477.97
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.65%)",
"estimated_monthly_amount_usd": 8985.31
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 89853.13,
"late_payment_interest_rate_percent": 9.5
},
"permitted_use": "Retail sales of goods 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-2023-1388
Status: Amended
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith Inc Ventures, and the Tenant, Lane 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 2023-09-28.
The subject of this lease concerns the Entire suite 24B in Building 9 at the property located at 18258 Fisher Tunnel
North Sandraborough, FL 56105. 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 2023-10-17, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $167,226.56. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $167,226.56 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Lane 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 Smith Inc Ventures. Late payments of rent will accrue interest at a rate of 6.1% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 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-2023-1388",
"parties": {
"lessor_details": {
"name": "Smith Inc Ventures",
"entity_type": "Corporation",
"address": "Unit 6071 Box 7928\nDPO AE 02792"
},
"lessee_details": {
"name": "Lane PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "18258 Fisher Tunnel\nNorth Sandraborough, FL 56105",
"property_type": "Industrial",
"lease_area_description": "Entire suite 24B in Building 9"
},
"lease_terms": {
"effective_date": "2023-09-28",
"commencement_date": "2023-10-17",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": 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": 167226.56,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.39%)",
"estimated_monthly_amount_usd": 25083.98
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.98%)",
"estimated_monthly_amount_usd": 16722.66
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 167226.56,
"late_payment_interest_rate_percent": 6.1
},
"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": 2000000,
"named_insureds_required": [
"Smith Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Smith Inc Ventures",
"Monroe, Harris and Hutchinson 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-2024-8359
Status: Executed
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lawson-Joseph Properties, and the Tenant, Walker-Martinez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-05.
The subject of this lease concerns the Entire unit 7B in Building 6 at the property located at 7835 Jessica Radial
Griffithland, NC 16566. This Warehouse facility consists of approximately 28786 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-13, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $44,810.21. This figure is scheduled for an annual increase based on a 2.83% escalation rate. A security deposit of $44,810.21 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.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8359",
"parties": {
"lessor_details": {
"name": "Lawson-Joseph Properties",
"entity_type": "LLC",
"address": "PSC 9282, Box 4813\nAPO AA 02908"
},
"lessee_details": {
"name": "Walker-Martinez",
"entity_type": "S-Corp",
"address": "4634 Lynch Valleys\nNew Christine, ND 14287"
}
},
"property_details": {
"address": "7835 Jessica Radial\nGriffithland, NC 16566",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 7B in Building 6",
"square_footage_sqft": 28786
},
"lease_terms": {
"effective_date": "2024-03-05",
"commencement_date": "2024-05-13",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 44810.21,
"annual_escalation_rate_percent": 2.83,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.46%)",
"estimated_monthly_amount_usd": 6721.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.35%)",
"estimated_monthly_amount_usd": 4481.02
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 44810.21
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Florida",
"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-2024-3454
Status: Under Review
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Phillips PLC Ventures, and the Tenant, Douglas, Smith and Pham. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-25.
The subject of this lease concerns the Partial suite 23 in Building 5 at the property located at 30659 Johnson Course Suite 845
Castillofurt, MS 76827. 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 2024-07-14, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $3,518.70. This figure is scheduled for an annual increase based on a 2.56% escalation rate. A security deposit of $7,037.40 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 16.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3454",
"parties": {
"lessor_details": {
"name": "Phillips PLC Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Douglas, Smith and Pham",
"entity_type": "S-Corp",
"address": "725 Rogers Islands Suite 807\nPort Jamie, MA 81653"
}
},
"property_details": {
"address": "30659 Johnson Course Suite 845\nCastillofurt, MS 76827",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 23 in Building 5"
},
"lease_terms": {
"effective_date": "2024-05-25",
"commencement_date": "2024-07-14",
"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,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"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": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 3518.7,
"annual_escalation_rate_percent": 2.56,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.86%)",
"estimated_monthly_amount_usd": 527.8
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 351.87
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 7037.4,
"late_payment_interest_rate_percent": 16.1
},
"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-2024-8487
Status: Amended
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jackson LLC Properties, and the Tenant, Dominguez and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-28.
The subject of this lease concerns the Partial suite 43 in Building 3 at the property located at 748 Tiffany Field Apt. 421
Tabithaport, NH 95200. This Office facility consists of approximately 49089 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-15, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $198,605.91. This figure is scheduled for an annual increase based on a 1.96% escalation rate. A security deposit of $397,211.82 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.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8487",
"parties": {
"lessor_details": {
"name": "Jackson LLC Properties",
"entity_type": "Limited Partnership",
"address": "73450 Williams Meadow\nWest Edwardton, GU 46961"
},
"lessee_details": {
"name": "Dominguez and Sons",
"entity_type": "LLC",
"address": "9326 Hall Roads Suite 153\nLake Linda, WV 43763"
}
},
"property_details": {
"address": "748 Tiffany Field Apt. 421\nTabithaport, NH 95200",
"property_type": "Office",
"lease_area_description": "Partial suite 43 in Building 3",
"square_footage_sqft": 49089
},
"lease_terms": {
"effective_date": "2024-03-28",
"commencement_date": "2024-04-15",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 198605.91,
"annual_escalation_rate_percent": 1.96,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.54%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.87%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 397211.82
},
"permitted_use": "Professional services 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-2024-5907
Status: Draft
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Pineda-Snyder Inc., and the Tenant, Gordon 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 2024-04-28.
The subject of this lease concerns the Partial floor 34 in Building 3 at the property located at 8790 Jennifer Vista Suite 197
South Emilyland, WI 80472. This Office facility consists of approximately 16639 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-25, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $39,060.05. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $39,060.05 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Gordon 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 Pineda-Snyder Inc.. Late payments of rent will accrue interest at a rate of 11.6% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5907",
"parties": {
"lessor_details": {
"name": "Pineda-Snyder Inc.",
"entity_type": "Limited Partnership",
"address": "07836 Taylor Courts Suite 936\nRachelfort, MN 90334"
},
"lessee_details": {
"name": "Gordon Inc",
"entity_type": "Corporation",
"address": "179 Brady Stravenue\nSouth Donald, SD 01449"
}
},
"property_details": {
"address": "8790 Jennifer Vista Suite 197\nSouth Emilyland, WI 80472",
"property_type": "Office",
"lease_area_description": "Partial floor 34 in Building 3",
"square_footage_sqft": 16639
},
"lease_terms": {
"effective_date": "2024-04-28",
"commencement_date": "2024-07-25",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 39060.05,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.50%)",
"estimated_monthly_amount_usd": 5859.01
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.06%)",
"estimated_monthly_amount_usd": 3906.0
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 39060.05,
"late_payment_interest_rate_percent": 11.6
},
"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": 1000000,
"named_insureds_required": [
"Pineda-Snyder Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Pineda-Snyder Inc.",
"Smith 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-2023-2050
Status: Draft
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mccoy-Sanchez Ventures, and the Tenant, Barnes-Bernard. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-24.
The subject of this lease concerns the Partial suite 44A in Building 8 at the property located at 4141 Kari River
Port Robert, PW 40522. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-08, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $55,629.59. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $55,629.59 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Barnes-Bernard 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 Mccoy-Sanchez Ventures. Late payments of rent will accrue interest at a rate of 13.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2050",
"parties": {
"lessor_details": {
"name": "Mccoy-Sanchez Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Barnes-Bernard",
"entity_type": "LLC",
"address": "3157 Reynolds Wall Suite 359\nBrittanyborough, VI 43233"
}
},
"property_details": {
"address": "4141 Kari River\nPort Robert, PW 40522",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 44A in Building 8"
},
"lease_terms": {
"effective_date": "2023-09-24",
"commencement_date": "2023-10-08",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 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": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 55629.59,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.98%)",
"estimated_monthly_amount_usd": 8344.44
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.77%)",
"estimated_monthly_amount_usd": 5562.96
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 55629.59,
"late_payment_interest_rate_percent": 13.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Mccoy-Sanchez Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Mccoy-Sanchez Ventures",
"Miranda-Hamilton 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-2024-4653
Status: Under Review
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Chan-Duffy LLC, and the Tenant, Tran 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 2024-08-04.
The subject of this lease concerns the Partial floor 21B in Building 3 at the property located at 364 Franklin Creek
Downsborough, WI 42568. This Industrial facility consists of approximately 28359 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-15, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $35,472.38. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $70,944.76 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Tran Inc is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Chan-Duffy LLC. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4653",
"parties": {
"lessor_details": {
"name": "Chan-Duffy LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Tran Inc",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "364 Franklin Creek\nDownsborough, WI 42568",
"property_type": "Industrial",
"lease_area_description": "Partial floor 21B in Building 3",
"square_footage_sqft": 28359
},
"lease_terms": {
"effective_date": "2024-08-04",
"commencement_date": "2024-08-15",
"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,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 35472.38,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.35%)",
"estimated_monthly_amount_usd": 5320.86
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.30%)",
"estimated_monthly_amount_usd": 3547.24
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 70944.76
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Chan-Duffy LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Chan-Duffy LLC",
"Oliver, Dodson and Chambers 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-2024-4621
Status: Executed
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ramirez-Vaughn LLC, and the Tenant, Howard Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-21.
The subject of this lease concerns the Partial suite 3B in Building 10 at the property located at 639 Glenn Overpass Apt. 787
Davidmouth, OR 05317. 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 2024-06-10, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $70,843.85. This figure is scheduled for an annual increase based on a 2.33% escalation rate. A security deposit of $70,843.85 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, Howard Ltd is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Ramirez-Vaughn LLC. Late payments of rent will accrue interest at a rate of 13.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4621",
"parties": {
"lessor_details": {
"name": "Ramirez-Vaughn LLC",
"entity_type": "Corporation",
"address": "074 Stein Walk Apt. 462\nGraceshire, GU 69312"
},
"lessee_details": {
"name": "Howard Ltd",
"entity_type": "Corporation",
"address": "1697 Collins Pass Apt. 141\nConnieland, FM 51663"
}
},
"property_details": {
"address": "639 Glenn Overpass Apt. 787\nDavidmouth, OR 05317",
"property_type": "Office",
"lease_area_description": "Partial suite 3B in Building 10"
},
"lease_terms": {
"effective_date": "2024-04-21",
"commencement_date": "2024-06-10",
"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": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 70843.85,
"annual_escalation_rate_percent": 2.33,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.13%)",
"estimated_monthly_amount_usd": 10626.58
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.06%)",
"estimated_monthly_amount_usd": 7084.38
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 70843.85,
"late_payment_interest_rate_percent": 13.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Ramirez-Vaughn LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Ramirez-Vaughn LLC",
"Dougherty 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-2023-6608
Status: Executed
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Roth-Aguilar Ventures, and the Tenant, Horton, Morgan and Curtis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-25.
The subject of this lease concerns the Partial suite 13B in Building 4 at the property located at 177 Timothy Common Apt. 566
Rosschester, WA 04824. This Warehouse facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-09, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $73,085.82. This figure is scheduled for an annual increase based on a 2.33% escalation rate. A security deposit of $73,085.82 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Horton, Morgan and Curtis 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 Roth-Aguilar Ventures. Late payments of rent will accrue interest at a rate of 6.1% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6608",
"parties": {
"lessor_details": {
"name": "Roth-Aguilar Ventures",
"entity_type": "Corporation",
"address": "303 John Drive\nEast Melissabury, AS 71629"
},
"lessee_details": {
"name": "Horton, Morgan and Curtis",
"entity_type": "LLC",
"address": "2711 Jeffery Turnpike\nTiffanyfort, ME 23905"
}
},
"property_details": {
"address": "177 Timothy Common Apt. 566\nRosschester, WA 04824",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 13B in Building 4"
},
"lease_terms": {
"effective_date": "2023-11-25",
"commencement_date": "2024-02-09",
"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": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 73085.82,
"annual_escalation_rate_percent": 2.33,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.57%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.94%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 73085.82,
"late_payment_interest_rate_percent": 6.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "California",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Roth-Aguilar Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Roth-Aguilar Ventures",
"Fitzgerald 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-2023-1226
Status: Amended
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hickman, Mcdonald and Curtis Holdings, and the Tenant, Thomas Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-13.
The subject of this lease concerns the Partial suite 30A in Building 5 at the property located at 691 Michelle Circle
Susanstad, NM 62298. This Retail facility consists of approximately 22710 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-09, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $47,255.72. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $94,511.44 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, Thomas 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 Hickman, Mcdonald and Curtis 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-2023-1226",
"parties": {
"lessor_details": {
"name": "Hickman, Mcdonald and Curtis Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Thomas Inc",
"entity_type": "LLC"
}
},
"property_details": {
"address": "691 Michelle Circle\nSusanstad, NM 62298",
"property_type": "Retail",
"lease_area_description": "Partial suite 30A in Building 5",
"square_footage_sqft": 22710
},
"lease_terms": {
"effective_date": "2023-11-13",
"commencement_date": "2024-02-09",
"initial_term_months": 120,
"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": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47255.72,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.23%)",
"estimated_monthly_amount_usd": 7088.36
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.27%)",
"estimated_monthly_amount_usd": 4725.57
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 94511.44
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Indiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hickman, Mcdonald and Curtis Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hickman, Mcdonald and Curtis Holdings",
"Bishop 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-2024-3221
Status: Executed
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Adams-Smith Ventures, and the Tenant, Jimenez 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 2024-06-09.
The subject of this lease concerns the Entire floor 18 in Building 10 at the property located at 482 Mann Orchard
Millerstad, MA 22458. This Office facility consists of approximately 40817 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-27, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $118,947.54. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $237,895.08 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3221",
"parties": {
"lessor_details": {
"name": "Adams-Smith Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Jimenez Inc",
"entity_type": "Corporation",
"address": "820 Michael Expressway Suite 547\nEast Mallory, VI 24812"
}
},
"property_details": {
"address": "482 Mann Orchard\nMillerstad, MA 22458",
"property_type": "Office",
"lease_area_description": "Entire floor 18 in Building 10",
"square_footage_sqft": 40817
},
"lease_terms": {
"effective_date": "2024-06-09",
"commencement_date": "2024-06-27",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 118947.54,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.48%)",
"estimated_monthly_amount_usd": 17842.13
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.93%)",
"estimated_monthly_amount_usd": 11894.75
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 237895.08
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5353
Status: Draft
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Washington-Davila Holdings, and the Tenant, Figueroa and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-03.
The subject of this lease concerns the Entire suite 12B in Building 3 at the property located at 08473 Kent Lakes Suite 840
North Michael, CA 52177. This Retail facility consists of approximately 26858 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-31, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $39,996.04. This figure is scheduled for an annual increase based on a 3.29% escalation rate. A security deposit of $39,996.04 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, Figueroa and Sons is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Washington-Davila Holdings. Late payments of rent will accrue interest at a rate of 17.3% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5353",
"parties": {
"lessor_details": {
"name": "Washington-Davila Holdings",
"entity_type": "LLC",
"address": "998 Guy Summit Suite 819\nNorth Stevenport, FL 88317"
},
"lessee_details": {
"name": "Figueroa and Sons",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "08473 Kent Lakes Suite 840\nNorth Michael, CA 52177",
"property_type": "Retail",
"lease_area_description": "Entire suite 12B in Building 3",
"square_footage_sqft": 26858
},
"lease_terms": {
"effective_date": "2024-03-03",
"commencement_date": "2024-05-31",
"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": 24,
"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": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 39996.04,
"annual_escalation_rate_percent": 3.29,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.08%)",
"estimated_monthly_amount_usd": 5999.41
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.61%)",
"estimated_monthly_amount_usd": 3999.6
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 39996.04,
"late_payment_interest_rate_percent": 17.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Vermont",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Washington-Davila Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Washington-Davila Holdings",
"Hawkins LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5092
Status: Executed
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Liu, Myers and Rowland Holdings, and the Tenant, Flores-Blair. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-19.
The subject of this lease concerns the Partial floor 3 in Building 8 at the property located at 733 Gutierrez Club Apt. 992
Brianfort, NJ 93888. 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 2024-05-17, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $13,870.76. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $13,870.76 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Flores-Blair 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 Liu, Myers and Rowland Holdings. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5092",
"parties": {
"lessor_details": {
"name": "Liu, Myers and Rowland Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Flores-Blair",
"entity_type": "S-Corp",
"address": "62954 Alexander Plains Suite 630\nLake Robert, WY 19042"
}
},
"property_details": {
"address": "733 Gutierrez Club Apt. 992\nBrianfort, NJ 93888",
"property_type": "Office",
"lease_area_description": "Partial floor 3 in Building 8"
},
"lease_terms": {
"effective_date": "2024-03-19",
"commencement_date": "2024-05-17",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 13870.76,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.59%)",
"estimated_monthly_amount_usd": 2080.61
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.00%)",
"estimated_monthly_amount_usd": 1387.08
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 13870.76
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Liu, Myers and Rowland Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Liu, Myers and Rowland Holdings",
"Smith 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-2024-4103
Status: Amended
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wright LLC Ventures, and the Tenant, Adkins, Norris and Johnston. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-12.
The subject of this lease concerns the Partial suite 13 in Building 4 at the property located at 60714 Steven Mountains Suite 071
West Raymondberg, OR 70499. This Industrial facility consists of approximately 13181 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-18, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $42,937.11. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $42,937.11 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Adkins, Norris and Johnston 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 Wright LLC Ventures. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4103",
"parties": {
"lessor_details": {
"name": "Wright LLC Ventures",
"entity_type": "Limited Partnership",
"address": "4822 Brooks Village Apt. 985\nWrightshire, PA 96569"
},
"lessee_details": {
"name": "Adkins, Norris and Johnston",
"entity_type": "Corporation",
"address": "15270 Randall Knolls\nPort Michael, MH 79985"
}
},
"property_details": {
"address": "60714 Steven Mountains Suite 071\nWest Raymondberg, OR 70499",
"property_type": "Industrial",
"lease_area_description": "Partial suite 13 in Building 4",
"square_footage_sqft": 13181
},
"lease_terms": {
"effective_date": "2024-05-12",
"commencement_date": "2024-07-18",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"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": 42937.11,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.96%)",
"estimated_monthly_amount_usd": 6440.57
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.17%)",
"estimated_monthly_amount_usd": 4293.71
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 42937.11
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Wright LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Wright LLC Ventures",
"Wilson LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5683
Status: Amended
Governing Jurisdiction: Oklahoma
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ray-Ford Inc., and the Tenant, Alexander-Castillo. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-18.
The subject of this lease concerns the Partial floor 30 in Building 3 at the property located at 26479 Stewart Springs Apt. 988
New Paulmouth, NC 47951. 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 2024-04-27, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $193,778.42. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $387,556.84 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, Alexander-Castillo 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 Ray-Ford Inc.. Late payments of rent will accrue interest at a rate of 7.5% 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-2024-5683",
"parties": {
"lessor_details": {
"name": "Ray-Ford Inc.",
"entity_type": "Limited Partnership",
"address": "8395 Aaron Extension\nKathystad, MT 51860"
},
"lessee_details": {
"name": "Alexander-Castillo",
"entity_type": "LLC",
"address": "43223 Anderson Ridge Apt. 506\nNew Tiffanyland, AL 35113"
}
},
"property_details": {
"address": "26479 Stewart Springs Apt. 988\nNew Paulmouth, NC 47951",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 30 in Building 3"
},
"lease_terms": {
"effective_date": "2024-02-18",
"commencement_date": "2024-04-27",
"initial_term_months": 120,
"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": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 193778.42,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.62%)",
"estimated_monthly_amount_usd": 29066.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.35%)",
"estimated_monthly_amount_usd": 19377.84
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 387556.84,
"late_payment_interest_rate_percent": 7.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Oklahoma",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Ray-Ford Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Ray-Ford Inc.",
"Fernandez, Ortiz and Yates 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-2023-8167
Status: Amended
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Shaw Group Inc., and the Tenant, Kennedy-Perkins. The team is preparing for the 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 Entire suite 17 in Building 9 at the property located at 75113 David Inlet Apt. 970
New Janetburgh, WA 13275. This Warehouse facility consists of approximately 19874 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-17, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $90,840.74. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $181,681.48 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, Kennedy-Perkins 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 Shaw Group Inc.. Late payments of rent will accrue interest at a rate of 6.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-8167",
"parties": {
"lessor_details": {
"name": "Shaw Group Inc.",
"entity_type": "Limited Partnership",
"address": "USNS Owens\nFPO AA 98871"
},
"lessee_details": {
"name": "Kennedy-Perkins",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "75113 David Inlet Apt. 970\nNew Janetburgh, WA 13275",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 17 in Building 9",
"square_footage_sqft": 19874
},
"lease_terms": {
"effective_date": "2023-09-02",
"commencement_date": "2023-09-17",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 90840.74,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.60%)",
"estimated_monthly_amount_usd": 13626.11
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.43%)",
"estimated_monthly_amount_usd": 9084.07
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 181681.48,
"late_payment_interest_rate_percent": 6.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Shaw Group Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Shaw Group Inc.",
"Simmons, Wagner 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-2024-6078
Status: Amended
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Dickerson Group Inc., and the Tenant, Jones-Porter. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-05.
The subject of this lease concerns the Entire suite 42A in Building 2 at the property located at 235 Cisneros Row Apt. 842
Colemouth, DC 83388. This Warehouse facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-18, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $150,540.81. This figure is scheduled for an annual increase based on a 1.67% escalation rate. A security deposit of $150,540.81 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 10.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6078",
"parties": {
"lessor_details": {
"name": "Dickerson Group Inc.",
"entity_type": "Corporation",
"address": "323 Jonathan Expressway\nAnthonymouth, NC 29631"
},
"lessee_details": {
"name": "Jones-Porter",
"entity_type": "LLC",
"address": "420 Savannah Courts\nPort Anthonytown, AL 34181"
}
},
"property_details": {
"address": "235 Cisneros Row Apt. 842\nColemouth, DC 83388",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 42A in Building 2"
},
"lease_terms": {
"effective_date": "2024-03-05",
"commencement_date": "2024-05-18",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 150540.81,
"annual_escalation_rate_percent": 1.67,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.02%)",
"estimated_monthly_amount_usd": 22581.12
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.49%)",
"estimated_monthly_amount_usd": 15054.08
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 150540.81,
"late_payment_interest_rate_percent": 10.7
},
"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-2023-1311
Status: Under Review
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rodriguez-Harper LLC, and the Tenant, Blake, Jacobs and Stevens. The team is preparing for the 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 floor 11A in Building 10 at the property located at 49038 Stephanie Port Apt. 379
Wrightborough, WV 31496. This Industrial facility consists of approximately 31603 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-29, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $135,919.24. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $271,838.48 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 is permitted subject to standard conditions.
Per section 10.1, Blake, Jacobs and Stevens 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 Rodriguez-Harper LLC. 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-2023-1311",
"parties": {
"lessor_details": {
"name": "Rodriguez-Harper LLC",
"entity_type": "Limited Partnership",
"address": "9864 Lamb Port Suite 974\nSaratown, PR 39615"
},
"lessee_details": {
"name": "Blake, Jacobs and Stevens",
"entity_type": "S-Corp",
"address": "48268 Lane Stream\nWest Gregoryfurt, AR 19300"
}
},
"property_details": {
"address": "49038 Stephanie Port Apt. 379\nWrightborough, WV 31496",
"property_type": "Industrial",
"lease_area_description": "Partial floor 11A in Building 10",
"square_footage_sqft": 31603
},
"lease_terms": {
"effective_date": "2023-11-20",
"commencement_date": "2024-01-29",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"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": "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": 135919.24,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.02%)",
"estimated_monthly_amount_usd": 20387.89
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.68%)",
"estimated_monthly_amount_usd": 13591.92
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 271838.48
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Rodriguez-Harper LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Rodriguez-Harper LLC",
"Jackson-Jackson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3040
Status: Draft
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Newman, Wilson and Collins Properties, and the Tenant, Wolf-Conner. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-14.
The subject of this lease concerns the Partial floor 11B in Building 6 at the property located at 263 Patrick Court Apt. 030
Blackland, WY 74736. This Office facility consists of approximately 25093 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-03, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $99,681.94. This figure is scheduled for an annual increase based on a 1.62% escalation rate. A security deposit of $99,681.94 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wolf-Conner 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 Newman, Wilson and Collins Properties. Late payments of rent will accrue interest at a rate of 7.1% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3040",
"parties": {
"lessor_details": {
"name": "Newman, Wilson and Collins Properties",
"entity_type": "Limited Partnership",
"address": "8241 Barron Villages Suite 118\nNorth Penny, GU 78795"
},
"lessee_details": {
"name": "Wolf-Conner",
"entity_type": "LLC",
"address": "902 Thompson Ridge Apt. 713\nAshleyton, NV 89898"
}
},
"property_details": {
"address": "263 Patrick Court Apt. 030\nBlackland, WY 74736",
"property_type": "Office",
"lease_area_description": "Partial floor 11B in Building 6",
"square_footage_sqft": 25093
},
"lease_terms": {
"effective_date": "2024-04-14",
"commencement_date": "2024-07-03",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 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": 99681.94,
"annual_escalation_rate_percent": 1.62,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.74%)",
"estimated_monthly_amount_usd": 14952.29
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.67%)",
"estimated_monthly_amount_usd": 9968.19
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 99681.94,
"late_payment_interest_rate_percent": 7.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Newman, Wilson and Collins Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Newman, Wilson and Collins Properties",
"Gomez-Velez 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-2023-4364
Status: Under Review
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harris-Rodriguez Properties, and the Tenant, Williams LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-14.
The subject of this lease concerns the Entire unit 15 in Building 2 at the property located at 216 Newman Light Apt. 058
West Lisa, GA 37314. This Industrial facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-09, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $179,335.62. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $358,671.24 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 Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Williams 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 Harris-Rodriguez Properties. Late payments of rent will accrue interest at a rate of 17.5% 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-2023-4364",
"parties": {
"lessor_details": {
"name": "Harris-Rodriguez Properties",
"entity_type": "Corporation",
"address": "152 Mcgee Canyon Suite 967\nWest Nicholas, NC 86113"
},
"lessee_details": {
"name": "Williams LLC",
"entity_type": "LLC",
"address": "0154 Christopher Valleys\nDawsonstad, TN 31756"
}
},
"property_details": {
"address": "216 Newman Light Apt. 058\nWest Lisa, GA 37314",
"property_type": "Industrial",
"lease_area_description": "Entire unit 15 in Building 2"
},
"lease_terms": {
"effective_date": "2023-12-14",
"commencement_date": "2024-01-09",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 179335.62,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.91%)",
"estimated_monthly_amount_usd": 26900.34
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.44%)",
"estimated_monthly_amount_usd": 17933.56
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 358671.24,
"late_payment_interest_rate_percent": 17.5
},
"permitted_use": "Professional services 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": [
"Harris-Rodriguez Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Harris-Rodriguez Properties",
"Maxwell, Sanchez and Parsons 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-2024-3690
Status: Amended
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Watson-Horn Properties, and the Tenant, Lee, Perez and Gibson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-26.
The subject of this lease concerns the Entire unit 4A in Building 7 at the property located at 2232 David Lake Suite 724
South Kristinaside, WV 47324. This Warehouse facility consists of approximately 49896 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-15, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $100,956.24. This figure is scheduled for an annual increase based on a 3.58% escalation rate. A security deposit of $201,912.48 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 15.6% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-3690",
"parties": {
"lessor_details": {
"name": "Watson-Horn Properties",
"entity_type": "Limited Partnership",
"address": "956 Myers Lodge Suite 156\nPort Christopherberg, PR 90451"
},
"lessee_details": {
"name": "Lee, Perez and Gibson",
"entity_type": "LLC"
}
},
"property_details": {
"address": "2232 David Lake Suite 724\nSouth Kristinaside, WV 47324",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 4A in Building 7",
"square_footage_sqft": 49896
},
"lease_terms": {
"effective_date": "2024-06-26",
"commencement_date": "2024-09-15",
"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": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 100956.24,
"annual_escalation_rate_percent": 3.58,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.33%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.09%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 201912.48,
"late_payment_interest_rate_percent": 15.6
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Nevada",
"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-2024-8237
Status: Amended
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor-Wheeler Ventures, and the Tenant, Haley Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-28.
The subject of this lease concerns the Entire suite 7 in Building 8 at the property located at 13387 Sherri Route
Leebury, SD 80116. This Office facility consists of approximately 41696 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $125,782.93. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $251,565.86 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 requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-8237",
"parties": {
"lessor_details": {
"name": "Taylor-Wheeler Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Haley Group",
"entity_type": "Corporation",
"address": "202 Watson Port\nHollandtown, AS 80726"
}
},
"property_details": {
"address": "13387 Sherri Route\nLeebury, SD 80116",
"property_type": "Office",
"lease_area_description": "Entire suite 7 in Building 8",
"square_footage_sqft": 41696
},
"lease_terms": {
"effective_date": "2024-05-28",
"commencement_date": "2024-07-15",
"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": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "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": 125782.93,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.37%)",
"estimated_monthly_amount_usd": 18867.44
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.24%)",
"estimated_monthly_amount_usd": 12578.29
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 251565.86,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office 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-2024-7048
Status: Draft
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cooper, Ramirez and Miller Properties, and the Tenant, Morrow-Velasquez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-15.
The subject of this lease concerns the Partial unit 20B in Building 2 at the property located at 2625 Castillo Wells
Greerberg, RI 81756. This Office facility consists of approximately 16658 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-16, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $57,942.08. This figure is scheduled for an annual increase based on a 3.84% escalation rate. A security deposit of $57,942.08 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
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-2024-7048",
"parties": {
"lessor_details": {
"name": "Cooper, Ramirez and Miller Properties",
"entity_type": "Limited Partnership",
"address": "74378 Melissa Landing\nSouth Larry, CT 32392"
},
"lessee_details": {
"name": "Morrow-Velasquez",
"entity_type": "S-Corp",
"address": "PSC 3079, Box 4417\nAPO AP 35709"
}
},
"property_details": {
"address": "2625 Castillo Wells\nGreerberg, RI 81756",
"property_type": "Office",
"lease_area_description": "Partial unit 20B in Building 2",
"square_footage_sqft": 16658
},
"lease_terms": {
"effective_date": "2024-07-15",
"commencement_date": "2024-07-16",
"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": 90
},
{
"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": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 57942.08,
"annual_escalation_rate_percent": 3.84,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.43%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 57942.08
},
"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-2024-4476
Status: Amended
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Chen and Sons Holdings, and the Tenant, Hernandez, Horton 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 2024-05-16.
The subject of this lease concerns the Entire floor 38 in Building 1 at the property located at 19267 Christopher Common Suite 409
South Jeffrey, UT 14770. 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 2024-06-10, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $112,199.97. This figure is scheduled for an annual increase based on a 2.72% escalation rate. A security deposit of $224,399.94 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 8.0% 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-2024-4476",
"parties": {
"lessor_details": {
"name": "Chen and Sons Holdings",
"entity_type": "Limited Partnership",
"address": "1081 Burke Stream Suite 068\nJacobsmouth, MT 40719"
},
"lessee_details": {
"name": "Hernandez, Horton and Washington",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "19267 Christopher Common Suite 409\nSouth Jeffrey, UT 14770",
"property_type": "Industrial",
"lease_area_description": "Entire floor 38 in Building 1"
},
"lease_terms": {
"effective_date": "2024-05-16",
"commencement_date": "2024-06-10",
"initial_term_months": 84,
"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": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 112199.97,
"annual_escalation_rate_percent": 2.72,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.41%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.12%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 224399.94,
"late_payment_interest_rate_percent": 8.0
},
"permitted_use": "General office 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-2023-3606
Status: Draft
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Osborne PLC Properties, and the Tenant, Caldwell-Reid. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-14.
The subject of this lease concerns the Entire unit 16A in Building 4 at the property located at 4064 Jacobs Port
New Jesse, OR 48123. This Retail facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-08-15, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $57,171.99. This figure is scheduled for an annual increase based on a 2.08% escalation rate. A security deposit of $57,171.99 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 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-2023-3606",
"parties": {
"lessor_details": {
"name": "Osborne PLC Properties",
"entity_type": "Limited Partnership",
"address": "34636 Calvin Drive\nSouth Christine, MP 02643"
},
"lessee_details": {
"name": "Caldwell-Reid",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "4064 Jacobs Port\nNew Jesse, OR 48123",
"property_type": "Retail",
"lease_area_description": "Entire unit 16A in Building 4"
},
"lease_terms": {
"effective_date": "2023-08-14",
"commencement_date": "2023-08-15",
"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%"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "7 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": 57171.99,
"annual_escalation_rate_percent": 2.08,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.40%)",
"estimated_monthly_amount_usd": 8575.8
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.25%)",
"estimated_monthly_amount_usd": 5717.2
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 57171.99
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"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-2024-5901
Status: Amended
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones LLC Ventures, and the Tenant, Martinez, Flores and Alexander. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-14.
The subject of this lease concerns the Partial suite 2B in Building 8 at the property located at Unit 4812 Box 0279
DPO AE 74982. This Retail facility consists of approximately 35880 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-25, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $153,117.90. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $306,235.80 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Martinez, Flores and Alexander is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Jones LLC Ventures. Late payments of rent will accrue interest at a rate of 8.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5901",
"parties": {
"lessor_details": {
"name": "Jones LLC Ventures",
"entity_type": "LLC",
"address": "034 Matthew Vista Apt. 048\nMichaelmouth, GA 92775"
},
"lessee_details": {
"name": "Martinez, Flores and Alexander",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "Unit 4812 Box 0279\nDPO AE 74982",
"property_type": "Retail",
"lease_area_description": "Partial suite 2B in Building 8",
"square_footage_sqft": 35880
},
"lease_terms": {
"effective_date": "2024-04-14",
"commencement_date": "2024-05-25",
"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": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 153117.9,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.83%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.60%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 306235.8,
"late_payment_interest_rate_percent": 8.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Alabama",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Jones LLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Jones LLC Ventures",
"Mendoza Ltd Mortgage Corp."
]
}
]
}
|
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