prompt
stringlengths 1.92k
9.98k
| response
stringlengths 714
11k
|
|---|---|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4457
Status: Executed
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fletcher-Callahan Properties, and the Tenant, Duncan-Glass. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-19.
The subject of this lease concerns the Partial unit 25A in Building 1 at the property located at 95280 Arnold Prairie Apt. 390
Jordanbury, TX 08826. 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 2024-02-22, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $62,602.33. This figure is scheduled for an annual increase based on a 3.24% escalation rate. A security deposit of $125,204.66 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, Duncan-Glass is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Fletcher-Callahan Properties. Late payments of rent will accrue interest at a rate of 18.0% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4457",
"parties": {
"lessor_details": {
"name": "Fletcher-Callahan Properties",
"entity_type": "Corporation",
"address": "759 Stewart Light\nLake Daisymouth, MI 91880"
},
"lessee_details": {
"name": "Duncan-Glass",
"entity_type": "LLC",
"address": "482 Moon Greens Suite 672\nJacobschester, MI 29897"
}
},
"property_details": {
"address": "95280 Arnold Prairie Apt. 390\nJordanbury, TX 08826",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 25A in Building 1"
},
"lease_terms": {
"effective_date": "2024-01-19",
"commencement_date": "2024-02-22",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 62602.33,
"annual_escalation_rate_percent": 3.24,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.62%)",
"estimated_monthly_amount_usd": 9390.35
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.57%)",
"estimated_monthly_amount_usd": 6260.23
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 125204.66,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Fletcher-Callahan Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fletcher-Callahan Properties",
"Cole, Fischer and Bowman 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-2024-4091
Status: Executed
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rodgers, Adkins and Page Inc., and the Tenant, Mann-Delgado. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-24.
The subject of this lease concerns the Partial floor 1B in Building 9 at the property located at 80104 Megan Cliff Apt. 197
West Antonio, KY 66186. This Office facility consists of approximately 41030 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-01, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $107,498.60. This figure is scheduled for an annual increase based on a 2.11% escalation rate. A security deposit of $107,498.60 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Mann-Delgado 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 Rodgers, Adkins and Page 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-2024-4091",
"parties": {
"lessor_details": {
"name": "Rodgers, Adkins and Page Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Mann-Delgado",
"entity_type": "S-Corp",
"address": "849 Laura Street\nCrystalberg, SC 44649"
}
},
"property_details": {
"address": "80104 Megan Cliff Apt. 197\nWest Antonio, KY 66186",
"property_type": "Office",
"lease_area_description": "Partial floor 1B in Building 9",
"square_footage_sqft": 41030
},
"lease_terms": {
"effective_date": "2024-02-24",
"commencement_date": "2024-03-01",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"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": 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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 107498.6,
"annual_escalation_rate_percent": 2.11,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.33%)",
"estimated_monthly_amount_usd": 16124.79
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.86%)",
"estimated_monthly_amount_usd": 10749.86
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 107498.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rodgers, Adkins and Page Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rodgers, Adkins and Page Inc.",
"Ingram, Williams and Powers 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-2023-4078
Status: Amended
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith, Williams and Ferguson Ventures, and the Tenant, Burton 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 unit 49 in Building 1 at the property located at Unit 1936 Box 2239
DPO AE 84914. This Office facility consists of approximately 21082 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-12, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $60,751.30. This figure is scheduled for an annual increase based on a 3.8% escalation rate. A security deposit of $121,502.60 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Burton 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, Williams and Ferguson Ventures. Late payments of rent will accrue interest at a rate of 13.2% 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 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-2023-4078",
"parties": {
"lessor_details": {
"name": "Smith, Williams and Ferguson Ventures",
"entity_type": "LLC",
"address": "769 Gilbert Wells\nWest Laurenport, IL 35717"
},
"lessee_details": {
"name": "Burton PLC",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "Unit 1936 Box 2239\nDPO AE 84914",
"property_type": "Office",
"lease_area_description": "Entire unit 49 in Building 1",
"square_footage_sqft": 21082
},
"lease_terms": {
"effective_date": "2023-10-09",
"commencement_date": "2023-11-12",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 60751.3,
"annual_escalation_rate_percent": 3.8,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.64%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.50%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 121502.6,
"late_payment_interest_rate_percent": 13.2
},
"permitted_use": "Retail sales of goods 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": [
"Smith, Williams and Ferguson Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Smith, Williams and Ferguson Ventures",
"James 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-2023-2278
Status: Amended
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bishop Inc LLC, and the Tenant, Braun-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 2023-12-23.
The subject of this lease concerns the Partial floor 40 in Building 3 at the property located at 62265 Jones Grove Suite 069
Williamsshire, PA 18563. This Warehouse facility consists of approximately 11501 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-26, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $29,500.06. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $29,500.06 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Braun-Taylor 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 Bishop Inc LLC. 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-2023-2278",
"parties": {
"lessor_details": {
"name": "Bishop Inc LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Braun-Taylor",
"entity_type": "S-Corp",
"address": "Unit 1912 Box 7597\nDPO AE 01301"
}
},
"property_details": {
"address": "62265 Jones Grove Suite 069\nWilliamsshire, PA 18563",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 40 in Building 3",
"square_footage_sqft": 11501
},
"lease_terms": {
"effective_date": "2023-12-23",
"commencement_date": "2024-01-26",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 29500.06,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.14%)",
"estimated_monthly_amount_usd": 4425.01
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.17%)",
"estimated_monthly_amount_usd": 2950.01
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 29500.06,
"late_payment_interest_rate_percent": 17.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Bishop Inc LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Bishop Inc LLC",
"Tucker, Boone and Schroeder 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-2024-7463
Status: Draft
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Schmidt, Anderson and Huff Properties, and the Tenant, Young 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 2024-01-26.
The subject of this lease concerns the Entire floor 10 in Building 5 at the property located at 480 Zavala Oval
Garciahaven, CO 53319. This Retail facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-19, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $107,955.20. This figure is scheduled for an annual increase based on a 3.74% escalation rate. A security deposit of $107,955.20 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, Young 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 Schmidt, Anderson and Huff Properties. Late payments of rent will accrue interest at a rate of 8.9% 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 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-2024-7463",
"parties": {
"lessor_details": {
"name": "Schmidt, Anderson and Huff Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Young PLC",
"entity_type": "LLC",
"address": "5575 Whitney Run Apt. 199\nLindastad, LA 71981"
}
},
"property_details": {
"address": "480 Zavala Oval\nGarciahaven, CO 53319",
"property_type": "Retail",
"lease_area_description": "Entire floor 10 in Building 5"
},
"lease_terms": {
"effective_date": "2024-01-26",
"commencement_date": "2024-04-19",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 107955.2,
"annual_escalation_rate_percent": 3.74,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.51%)",
"estimated_monthly_amount_usd": 16193.28
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.13%)",
"estimated_monthly_amount_usd": 10795.52
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 107955.2,
"late_payment_interest_rate_percent": 8.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Schmidt, Anderson and Huff Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Schmidt, Anderson and Huff Properties",
"Morrison, Mason and White Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9816
Status: Executed
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor, Washington and Morris Holdings, and the Tenant, Brown PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-31.
The subject of this lease concerns the Entire suite 49 in Building 9 at the property located at 75446 Calderon Mountain Apt. 240
Lake Taylorchester, UT 26356. This Warehouse facility consists of approximately 16405 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-09, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $71,648.84. This figure is scheduled for an annual increase based on a 2.1% escalation rate. A security deposit of $143,297.68 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.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9816",
"parties": {
"lessor_details": {
"name": "Taylor, Washington and Morris Holdings",
"entity_type": "Limited Partnership",
"address": "214 Benjamin Court Suite 657\nEast Ebony, MN 53633"
},
"lessee_details": {
"name": "Brown PLC",
"entity_type": "Corporation",
"address": "733 Michael Vista Suite 495\nPort Josephbury, KY 56247"
}
},
"property_details": {
"address": "75446 Calderon Mountain Apt. 240\nLake Taylorchester, UT 26356",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 49 in Building 9",
"square_footage_sqft": 16405
},
"lease_terms": {
"effective_date": "2024-05-31",
"commencement_date": "2024-06-09",
"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": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 71648.84,
"annual_escalation_rate_percent": 2.1,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.81%)",
"estimated_monthly_amount_usd": 10747.33
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.47%)",
"estimated_monthly_amount_usd": 7164.88
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 143297.68
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"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-2023-2578
Status: Under Review
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Barajas PLC Ventures, and the Tenant, Cunningham 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 2023-12-19.
The subject of this lease concerns the Partial floor 23B in Building 8 at the property located at Unit 1427 Box 5705
DPO AA 86083. This Industrial facility consists of approximately 46082 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-31, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $220,463.97. This figure is scheduled for an annual increase based on a 3.82% escalation rate. A security deposit of $440,927.94 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 is permitted subject to standard conditions.
Per section 10.1, Cunningham 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 Barajas PLC Ventures. Late payments of rent will accrue interest at a rate of 5.4% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-2578",
"parties": {
"lessor_details": {
"name": "Barajas PLC Ventures",
"entity_type": "LLC",
"address": "5001 Mills Point Suite 412\nMitchellview, WA 45105"
},
"lessee_details": {
"name": "Cunningham Group",
"entity_type": "S-Corp",
"address": "914 Stacy Ports Suite 503\nHerrerachester, WA 68351"
}
},
"property_details": {
"address": "Unit 1427 Box 5705\nDPO AA 86083",
"property_type": "Industrial",
"lease_area_description": "Partial floor 23B in Building 8",
"square_footage_sqft": 46082
},
"lease_terms": {
"effective_date": "2023-12-19",
"commencement_date": "2023-12-31",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"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."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 220463.97,
"annual_escalation_rate_percent": 3.82,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.84%)",
"estimated_monthly_amount_usd": 33069.6
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.75%)",
"estimated_monthly_amount_usd": 22046.4
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 440927.94,
"late_payment_interest_rate_percent": 5.4
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Barajas PLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Barajas PLC Ventures",
"Roach, Hawkins and Livingston 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-2023-1565
Status: Amended
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mcintosh-Coleman Ventures, and the Tenant, Hughes-Pena. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-10.
The subject of this lease concerns the Entire suite 33A in Building 1 at the property located at 93579 Rogers River Apt. 979
Lake Mirandamouth, UT 20358. 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 2024-01-21, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $50,292.69. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $50,292.69 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 is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 14.4% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1565",
"parties": {
"lessor_details": {
"name": "Mcintosh-Coleman Ventures",
"entity_type": "LLC",
"address": "5807 Wright Fords\nLake Kristinfort, OH 10340"
},
"lessee_details": {
"name": "Hughes-Pena",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "93579 Rogers River Apt. 979\nLake Mirandamouth, UT 20358",
"property_type": "Office",
"lease_area_description": "Entire suite 33A in Building 1"
},
"lease_terms": {
"effective_date": "2023-12-10",
"commencement_date": "2024-01-21",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 50292.69,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.36%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.00%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 50292.69,
"late_payment_interest_rate_percent": 14.4
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Washington",
"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-2024-8610
Status: Draft
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson and Sons Inc., and the Tenant, Bryant, Watson and Phillips. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-11.
The subject of this lease concerns the Entire suite 15 in Building 3 at the property located at 657 Mann Plains Apt. 365
Carrollhaven, DE 22502. This Office facility consists of approximately 47417 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-04, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $208,595.29. This figure is scheduled for an annual increase based on a 2.17% escalation rate. A security deposit of $208,595.29 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, Bryant, Watson and Phillips is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Johnson and Sons Inc.. Late payments of rent will accrue interest at a rate of 6.0% 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 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-2024-8610",
"parties": {
"lessor_details": {
"name": "Johnson and Sons Inc.",
"entity_type": "Corporation",
"address": "839 Orozco Vista Apt. 871\nSouth Jennifer, IL 87628"
},
"lessee_details": {
"name": "Bryant, Watson and Phillips",
"entity_type": "LLC",
"address": "519 Robertson Prairie\nSouth Adam, KY 09890"
}
},
"property_details": {
"address": "657 Mann Plains Apt. 365\nCarrollhaven, DE 22502",
"property_type": "Office",
"lease_area_description": "Entire suite 15 in Building 3",
"square_footage_sqft": 47417
},
"lease_terms": {
"effective_date": "2024-01-11",
"commencement_date": "2024-02-04",
"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
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 208595.29,
"annual_escalation_rate_percent": 2.17,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.96%)",
"estimated_monthly_amount_usd": 31289.29
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.24%)",
"estimated_monthly_amount_usd": 20859.53
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 208595.29,
"late_payment_interest_rate_percent": 6.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Johnson and Sons Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Johnson and Sons Inc.",
"Joseph, Taylor and Rice 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-2024-1117
Status: Executed
Governing Jurisdiction: Maryland
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Thornton LLC Inc., and the Tenant, Walker 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 2024-04-06.
The subject of this lease concerns the Entire unit 27B in Building 9 at the property located at 7665 Samantha Gardens Apt. 016
Port Sierra, PR 16087. This Industrial facility consists of approximately 46514 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-04, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $62,561.33. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $125,122.66 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, Walker 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 Thornton LLC Inc.. 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-2024-1117",
"parties": {
"lessor_details": {
"name": "Thornton LLC Inc.",
"entity_type": "Corporation",
"address": "93986 Lewis Manors\nWest Jillborough, ID 31334"
},
"lessee_details": {
"name": "Walker Group",
"entity_type": "LLC"
}
},
"property_details": {
"address": "7665 Samantha Gardens Apt. 016\nPort Sierra, PR 16087",
"property_type": "Industrial",
"lease_area_description": "Entire unit 27B in Building 9",
"square_footage_sqft": 46514
},
"lease_terms": {
"effective_date": "2024-04-06",
"commencement_date": "2024-05-04",
"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": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 62561.33,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.59%)",
"estimated_monthly_amount_usd": 9384.2
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.77%)",
"estimated_monthly_amount_usd": 6256.13
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 125122.66
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Maryland",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Thornton LLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Thornton LLC Inc.",
"Rice, Mason and Mosley 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-2024-3775
Status: Draft
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wolfe-Sandoval LLC, and the Tenant, Wagner-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 2024-04-13.
The subject of this lease concerns the Entire suite 35B in Building 6 at the property located at 94771 Lozano Fort Suite 105
Christinaville, GA 12206. 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 2024-06-05, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $22,036.90. This figure is scheduled for an annual increase based on a 2.32% escalation rate. A security deposit of $44,073.80 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wagner-Smith 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 Wolfe-Sandoval LLC. Late payments of rent will accrue interest at a rate of 11.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-3775",
"parties": {
"lessor_details": {
"name": "Wolfe-Sandoval LLC",
"entity_type": "Limited Partnership",
"address": "0886 Hernandez Centers\nAndrewborough, KY 43057"
},
"lessee_details": {
"name": "Wagner-Smith",
"entity_type": "Corporation",
"address": "2943 Gonzales Branch\nChungshire, MA 85819"
}
},
"property_details": {
"address": "94771 Lozano Fort Suite 105\nChristinaville, GA 12206",
"property_type": "Retail",
"lease_area_description": "Entire suite 35B in Building 6"
},
"lease_terms": {
"effective_date": "2024-04-13",
"commencement_date": "2024-06-05",
"initial_term_months": 36,
"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": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 22036.9,
"annual_escalation_rate_percent": 2.32,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.30%)",
"estimated_monthly_amount_usd": 3305.54
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.62%)",
"estimated_monthly_amount_usd": 2203.69
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 44073.8,
"late_payment_interest_rate_percent": 11.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Wolfe-Sandoval LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Wolfe-Sandoval LLC",
"Hernandez 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-2023-2900
Status: Under Review
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Miller-Gardner Ventures, and the Tenant, Wallace-Wiggins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-24.
The subject of this lease concerns the Entire suite 12B in Building 5 at the property located at 6855 Brittney Alley Apt. 541
Davisburgh, GA 19835. This Retail facility consists of approximately 39721 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-30, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $113,105.55. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $226,211.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to 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 10.8% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-2900",
"parties": {
"lessor_details": {
"name": "Miller-Gardner Ventures",
"entity_type": "Limited Partnership",
"address": "268 Edwards Meadows\nLake Devin, PA 30485"
},
"lessee_details": {
"name": "Wallace-Wiggins",
"entity_type": "LLC",
"address": "19284 Walton Station\nPaulmouth, PW 90529"
}
},
"property_details": {
"address": "6855 Brittney Alley Apt. 541\nDavisburgh, GA 19835",
"property_type": "Retail",
"lease_area_description": "Entire suite 12B in Building 5",
"square_footage_sqft": 39721
},
"lease_terms": {
"effective_date": "2023-08-24",
"commencement_date": "2023-09-30",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 113105.55,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.73%)",
"estimated_monthly_amount_usd": 16965.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.80%)",
"estimated_monthly_amount_usd": 11310.56
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 226211.1,
"late_payment_interest_rate_percent": 10.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-3471
Status: Amended
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bates, Walsh and Lynch LLC, and the Tenant, Rodriguez-Wilson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-31.
The subject of this lease concerns the Partial unit 50 in Building 3 at the property located at 445 Charles Ranch Apt. 123
Lake Diana, MT 45501. 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 2023-12-21, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $49,789.33. This figure is scheduled for an annual increase based on a 3.03% escalation rate. A security deposit of $49,789.33 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 8.1% 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 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-2023-3471",
"parties": {
"lessor_details": {
"name": "Bates, Walsh and Lynch LLC",
"entity_type": "Limited Partnership",
"address": "61958 Hess Avenue\nNew Christopher, PA 57405"
},
"lessee_details": {
"name": "Rodriguez-Wilson",
"entity_type": "LLC"
}
},
"property_details": {
"address": "445 Charles Ranch Apt. 123\nLake Diana, MT 45501",
"property_type": "Industrial",
"lease_area_description": "Partial unit 50 in Building 3"
},
"lease_terms": {
"effective_date": "2023-10-31",
"commencement_date": "2023-12-21",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 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": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 49789.33,
"annual_escalation_rate_percent": 3.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.03%)",
"estimated_monthly_amount_usd": 7468.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.49%)",
"estimated_monthly_amount_usd": 4978.93
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 49789.33,
"late_payment_interest_rate_percent": 8.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"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-2024-6642
Status: Amended
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams, Davis and Brown Properties, 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 2024-05-03.
The subject of this lease concerns the Entire suite 27B in Building 5 at the property located at 42128 Daniel Estates
New Russell, MA 28779. This Retail facility consists of approximately 27979 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-14, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $127,887.35. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $255,774.70 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6642",
"parties": {
"lessor_details": {
"name": "Williams, Davis and Brown Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Howard Ltd",
"entity_type": "S-Corp",
"address": "66662 Gregory Brook\nNorth Manuel, HI 40990"
}
},
"property_details": {
"address": "42128 Daniel Estates\nNew Russell, MA 28779",
"property_type": "Retail",
"lease_area_description": "Entire suite 27B in Building 5",
"square_footage_sqft": 27979
},
"lease_terms": {
"effective_date": "2024-05-03",
"commencement_date": "2024-05-14",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 127887.35,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.72%)",
"estimated_monthly_amount_usd": 19183.1
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.30%)",
"estimated_monthly_amount_usd": 12788.74
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 255774.7
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9608
Status: Under Review
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Roy PLC Ventures, and the Tenant, Burgess-Dean. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-07.
The subject of this lease concerns the Partial suite 39A in Building 4 at the property located at USS Melendez
FPO AP 40682. This Retail facility consists of approximately 16399 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-19, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $56,672.21. This figure is scheduled for an annual increase based on a 1.62% escalation rate. A security deposit of $56,672.21 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Burgess-Dean 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 Roy PLC Ventures. Late payments of rent will accrue interest at a rate of 12.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9608",
"parties": {
"lessor_details": {
"name": "Roy PLC Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Burgess-Dean",
"entity_type": "LLC"
}
},
"property_details": {
"address": "USS Melendez\nFPO AP 40682",
"property_type": "Retail",
"lease_area_description": "Partial suite 39A in Building 4",
"square_footage_sqft": 16399
},
"lease_terms": {
"effective_date": "2024-04-07",
"commencement_date": "2024-04-19",
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 56672.21,
"annual_escalation_rate_percent": 1.62,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.49%)",
"estimated_monthly_amount_usd": 8500.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.45%)",
"estimated_monthly_amount_usd": 5667.22
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 56672.21,
"late_payment_interest_rate_percent": 12.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Roy PLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Roy PLC Ventures",
"Conway-Cain 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-2023-1457
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones-Cooper Properties, and the Tenant, Franklin-Mitchell. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-18.
The subject of this lease concerns the Partial suite 3A in Building 2 at the property located at 261 Arroyo Court Apt. 767
South Meghan, KY 53724. This Mixed-Use facility consists of approximately 29490 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-28, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $137,939.48. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $137,939.48 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 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, Franklin-Mitchell is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Jones-Cooper Properties. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1457",
"parties": {
"lessor_details": {
"name": "Jones-Cooper Properties",
"entity_type": "Limited Partnership",
"address": "657 Katelyn Ridge Suite 595\nNew Joshua, VI 71714"
},
"lessee_details": {
"name": "Franklin-Mitchell",
"entity_type": "S-Corp",
"address": "52903 Reyes Glens Apt. 753\nJanetbury, SC 28989"
}
},
"property_details": {
"address": "261 Arroyo Court Apt. 767\nSouth Meghan, KY 53724",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 3A in Building 2",
"square_footage_sqft": 29490
},
"lease_terms": {
"effective_date": "2023-10-18",
"commencement_date": "2023-12-28",
"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": false,
"termination_clauses": [
{
"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": 137939.48,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.18%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.51%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 137939.48
},
"permitted_use": "Light manufacturing and assembly 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": [
"Jones-Cooper Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jones-Cooper Properties",
"Willis, Powell and Wheeler 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-2024-3550
Status: Draft
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Warner, Gonzalez and Simpson Properties, and the Tenant, Martinez, Roberts and Welch. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-22.
The subject of this lease concerns the Partial unit 35 in Building 7 at the property located at 3958 Jackson Creek
Anthonyton, NY 53204. 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 2024-09-11, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $35,212.60. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $35,212.60 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Martinez, Roberts and Welch 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 Warner, Gonzalez and Simpson Properties. Late payments of rent will accrue interest at a rate of 10.7% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-3550",
"parties": {
"lessor_details": {
"name": "Warner, Gonzalez and Simpson Properties",
"entity_type": "LLC",
"address": "5086 Weaver Shoal\nSouth Davidberg, CA 12902"
},
"lessee_details": {
"name": "Martinez, Roberts and Welch",
"entity_type": "S-Corp",
"address": "972 Daniel Court\nNorth Danielstad, MH 73651"
}
},
"property_details": {
"address": "3958 Jackson Creek\nAnthonyton, NY 53204",
"property_type": "Industrial",
"lease_area_description": "Partial unit 35 in Building 7"
},
"lease_terms": {
"effective_date": "2024-06-22",
"commencement_date": "2024-09-11",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 35212.6,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.83%)",
"estimated_monthly_amount_usd": 5281.89
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.85%)",
"estimated_monthly_amount_usd": 3521.26
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 35212.6,
"late_payment_interest_rate_percent": 10.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Warner, Gonzalez and Simpson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Warner, Gonzalez and Simpson Properties",
"Allen, Griffith 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-2024-1368
Status: Amended
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wilson, Ball and Cooke Holdings, and the Tenant, Gonzalez-Sanders. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-08.
The subject of this lease concerns the Entire floor 16A in Building 2 at the property located at 619 Charles Forest Suite 041
Jonesfort, NH 49504. This Office facility consists of approximately 35319 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-25, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $152,166.02. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $304,332.04 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 9.6% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-1368",
"parties": {
"lessor_details": {
"name": "Wilson, Ball and Cooke Holdings",
"entity_type": "Limited Partnership",
"address": "56601 Garcia Glens Apt. 892\nWest Joshua, TN 25405"
},
"lessee_details": {
"name": "Gonzalez-Sanders",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "619 Charles Forest Suite 041\nJonesfort, NH 49504",
"property_type": "Office",
"lease_area_description": "Entire floor 16A in Building 2",
"square_footage_sqft": 35319
},
"lease_terms": {
"effective_date": "2024-01-08",
"commencement_date": "2024-01-25",
"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": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 152166.02,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.55%)",
"estimated_monthly_amount_usd": 22824.9
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.99%)",
"estimated_monthly_amount_usd": 15216.6
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 304332.04,
"late_payment_interest_rate_percent": 9.6
},
"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-2023-2781
Status: Executed
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lam-Jackson Inc., and the Tenant, Guerrero LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-18.
The subject of this lease concerns the Entire suite 36B in Building 7 at the property located at 1066 Meyer Ports Apt. 866
Josemouth, MP 69173. This Mixed-Use facility consists of approximately 36121 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-23, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $146,500.76. This figure is scheduled for an annual increase based on a 2.9% escalation rate. A security deposit of $146,500.76 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, Guerrero 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 Lam-Jackson Inc.. Late payments of rent will accrue interest at a rate of 5.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 6 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2781",
"parties": {
"lessor_details": {
"name": "Lam-Jackson Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Guerrero LLC",
"entity_type": "Corporation",
"address": "9526 Anthony Circles Suite 083\nNew Pennybury, RI 72698"
}
},
"property_details": {
"address": "1066 Meyer Ports Apt. 866\nJosemouth, MP 69173",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 36B in Building 7",
"square_footage_sqft": 36121
},
"lease_terms": {
"effective_date": "2023-09-18",
"commencement_date": "2023-09-23",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"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": 146500.76,
"annual_escalation_rate_percent": 2.9,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.45%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.80%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 146500.76,
"late_payment_interest_rate_percent": 5.1
},
"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": 1000000,
"named_insureds_required": [
"Lam-Jackson Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Lam-Jackson Inc.",
"Hanson, Brooks and Martinez 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-2024-7298
Status: Draft
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Black Ltd Holdings, and the Tenant, Ray, Williams and Cox. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-05.
The subject of this lease concerns the Partial unit 33A in Building 7 at the property located at 593 Anthony Trafficway
North Brianna, VA 02412. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-13, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $31,732.98. This figure is scheduled for an annual increase based on a 3.18% escalation rate. A security deposit of $63,465.96 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Ray, Williams and Cox 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 Black 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 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-2024-7298",
"parties": {
"lessor_details": {
"name": "Black Ltd Holdings",
"entity_type": "Corporation",
"address": "7587 Christopher Flat Apt. 000\nGonzalezside, MT 71789"
},
"lessee_details": {
"name": "Ray, Williams and Cox",
"entity_type": "Corporation",
"address": "702 Fernando Estate Suite 205\nVargasstad, MH 33248"
}
},
"property_details": {
"address": "593 Anthony Trafficway\nNorth Brianna, VA 02412",
"property_type": "Industrial",
"lease_area_description": "Partial unit 33A in Building 7"
},
"lease_terms": {
"effective_date": "2024-05-05",
"commencement_date": "2024-06-13",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 31732.98,
"annual_escalation_rate_percent": 3.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.99%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.41%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 63465.96
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Black Ltd Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Black Ltd Holdings",
"Armstrong, Johnson and Hicks 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-2024-1155
Status: Under Review
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Durham, Wilson and Hoover Properties, and the Tenant, Gallegos 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 2024-05-25.
The subject of this lease concerns the Partial suite 29A in Building 6 at the property located at 989 Jeremy Lakes
Donnastad, AK 83201. This Retail facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-30, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $8,661.81. This figure is scheduled for an annual increase based on a 3.11% escalation rate. A security deposit of $8,661.81 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
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 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-2024-1155",
"parties": {
"lessor_details": {
"name": "Durham, Wilson and Hoover Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Gallegos Ltd",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "989 Jeremy Lakes\nDonnastad, AK 83201",
"property_type": "Retail",
"lease_area_description": "Partial suite 29A in Building 6"
},
"lease_terms": {
"effective_date": "2024-05-25",
"commencement_date": "2024-06-30",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 8661.81,
"annual_escalation_rate_percent": 3.11,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.22%)",
"estimated_monthly_amount_usd": 1299.27
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.02%)",
"estimated_monthly_amount_usd": 866.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 8661.81,
"late_payment_interest_rate_percent": 6.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5265
Status: Executed
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hansen-Martinez Properties, and the Tenant, Pierce, Benson and Flores. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-28.
The subject of this lease concerns the Entire floor 12 in Building 6 at the property located at 67844 Javier Course Suite 418
Mcgrathville, VI 80310. This Retail facility consists of approximately 15824 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-20, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $29,828.24. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $29,828.24 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, Pierce, Benson and Flores 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 Hansen-Martinez Properties. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5265",
"parties": {
"lessor_details": {
"name": "Hansen-Martinez Properties",
"entity_type": "Corporation",
"address": "6327 Peter Shoals Suite 856\nDylanborough, MH 50843"
},
"lessee_details": {
"name": "Pierce, Benson and Flores",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "67844 Javier Course Suite 418\nMcgrathville, VI 80310",
"property_type": "Retail",
"lease_area_description": "Entire floor 12 in Building 6",
"square_footage_sqft": 15824
},
"lease_terms": {
"effective_date": "2023-11-28",
"commencement_date": "2024-01-20",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 29828.24,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.80%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.67%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 29828.24
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Hansen-Martinez Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hansen-Martinez Properties",
"Martinez, Burton and Moore 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-2023-9671
Status: Draft
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mclean PLC Ventures, and the Tenant, Cohen and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-13.
The subject of this lease concerns the Entire unit 20B in Building 6 at the property located at 1366 Hayes Extension Suite 736
West Jenniferhaven, OH 04273. This Mixed-Use facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-04, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $10,821.62. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $21,643.24 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Cohen 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 Mclean PLC Ventures. Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2023-9671",
"parties": {
"lessor_details": {
"name": "Mclean PLC Ventures",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Cohen and Sons",
"entity_type": "LLC",
"address": "764 Holland Springs\nNicholsland, PW 47694"
}
},
"property_details": {
"address": "1366 Hayes Extension Suite 736\nWest Jenniferhaven, OH 04273",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 20B in Building 6"
},
"lease_terms": {
"effective_date": "2023-10-13",
"commencement_date": "2023-12-04",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 10821.62,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.03%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.29%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 21643.24,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Mclean PLC Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Mclean PLC Ventures",
"Huber 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-2024-4963
Status: Amended
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bryant, Martin and Hayes Properties, and the Tenant, Martinez-Mullins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-27.
The subject of this lease concerns the Entire unit 15B in Building 9 at the property located at 94921 Castillo Throughway Suite 900
Raymondburgh, NY 67198. This Retail facility consists of approximately 44298 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-07, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $198,750.36. This figure is scheduled for an annual increase based on a 2.65% escalation rate. A security deposit of $397,500.72 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.
Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4963",
"parties": {
"lessor_details": {
"name": "Bryant, Martin and Hayes Properties",
"entity_type": "LLC",
"address": "826 Carter Tunnel Suite 419\nEast Laurenhaven, SC 16342"
},
"lessee_details": {
"name": "Martinez-Mullins",
"entity_type": "Corporation",
"address": "484 Kendra Orchard\nSouth Melissamouth, MD 59273"
}
},
"property_details": {
"address": "94921 Castillo Throughway Suite 900\nRaymondburgh, NY 67198",
"property_type": "Retail",
"lease_area_description": "Entire unit 15B in Building 9",
"square_footage_sqft": 44298
},
"lease_terms": {
"effective_date": "2024-07-27",
"commencement_date": "2024-09-07",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 198750.36,
"annual_escalation_rate_percent": 2.65,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.41%)",
"estimated_monthly_amount_usd": 29812.55
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.41%)",
"estimated_monthly_amount_usd": 19875.04
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 397500.72
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7688
Status: Draft
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Stanley-Martinez Properties, and the Tenant, Palmer 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 2024-08-08.
The subject of this lease concerns the Entire unit 13B in Building 1 at the property located at USNV Ramos
FPO AE 32810. This Mixed-Use facility consists of approximately 33500 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-12, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $84,922.50. This figure is scheduled for an annual increase based on a 1.85% escalation rate. A security deposit of $169,845.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Palmer 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 Stanley-Martinez Properties. Late payments of rent will accrue interest at a rate of 15.4% 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 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-2024-7688",
"parties": {
"lessor_details": {
"name": "Stanley-Martinez Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Palmer Ltd",
"entity_type": "LLC"
}
},
"property_details": {
"address": "USNV Ramos\nFPO AE 32810",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 13B in Building 1",
"square_footage_sqft": 33500
},
"lease_terms": {
"effective_date": "2024-08-08",
"commencement_date": "2024-08-12",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 84922.5,
"annual_escalation_rate_percent": 1.85,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.00%)",
"estimated_monthly_amount_usd": 12738.38
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.05%)",
"estimated_monthly_amount_usd": 8492.25
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 169845.0,
"late_payment_interest_rate_percent": 15.4
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Stanley-Martinez Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Stanley-Martinez Properties",
"Cameron-Russell 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-2023-3856
Status: Amended
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Savage-Williamson Inc., and the Tenant, Wilkinson-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 2023-09-17.
The subject of this lease concerns the Partial suite 22B in Building 9 at the property located at 31637 James Union
East Michaeltown, IA 63940. This Mixed-Use facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-05, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $26,197.00. This figure is scheduled for an annual increase based on a 2.54% escalation rate. A security deposit of $26,197.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wilkinson-Williams is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Savage-Williamson Inc.. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-3856",
"parties": {
"lessor_details": {
"name": "Savage-Williamson Inc.",
"entity_type": "Corporation",
"address": "93830 Diana Village\nLynntown, TN 81800"
},
"lessee_details": {
"name": "Wilkinson-Williams",
"entity_type": "Corporation",
"address": "960 Black Extension Suite 878\nLake Ashley, KY 80893"
}
},
"property_details": {
"address": "31637 James Union\nEast Michaeltown, IA 63940",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 22B in Building 9"
},
"lease_terms": {
"effective_date": "2023-09-17",
"commencement_date": "2023-11-05",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 26197.0,
"annual_escalation_rate_percent": 2.54,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.14%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.23%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 26197.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Illinois",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Savage-Williamson Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Savage-Williamson Inc.",
"Taylor 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-2024-3897
Status: Executed
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones and Sons LLC, and the Tenant, Bonilla 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 2024-01-19.
The subject of this lease concerns the Entire unit 35B in Building 1 at the property located at 0497 Cox Glens Suite 633
North Ryan, NJ 71668. This Retail facility consists of approximately 38754 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-24, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $135,186.87. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $270,373.74 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Bonilla 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 Jones and Sons 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-2024-3897",
"parties": {
"lessor_details": {
"name": "Jones and Sons LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Bonilla Group",
"entity_type": "LLC"
}
},
"property_details": {
"address": "0497 Cox Glens Suite 633\nNorth Ryan, NJ 71668",
"property_type": "Retail",
"lease_area_description": "Entire unit 35B in Building 1",
"square_footage_sqft": 38754
},
"lease_terms": {
"effective_date": "2024-01-19",
"commencement_date": "2024-01-24",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"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": 135186.87,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.41%)",
"estimated_monthly_amount_usd": 20278.03
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.89%)",
"estimated_monthly_amount_usd": 13518.69
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 270373.74,
"late_payment_interest_rate_percent": 8.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jones and Sons LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Jones and Sons LLC",
"Smith 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-2024-1296
Status: Executed
Governing Jurisdiction: Rhode Island
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mullins, Cox and Bush Inc., and the Tenant, Carter, Schmidt and Melendez. The team is preparing for the 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 unit 48A in Building 2 at the property located at 105 Mann Union
Tanyaview, OR 46958. This Mixed-Use facility consists of approximately 31521 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-14, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $62,096.37. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $124,192.74 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 16.5% 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-2024-1296",
"parties": {
"lessor_details": {
"name": "Mullins, Cox and Bush Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Carter, Schmidt and Melendez",
"entity_type": "LLC",
"address": "1568 Castillo Island Suite 963\nEspinozamouth, MP 50047"
}
},
"property_details": {
"address": "105 Mann Union\nTanyaview, OR 46958",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 48A in Building 2",
"square_footage_sqft": 31521
},
"lease_terms": {
"effective_date": "2024-08-10",
"commencement_date": "2024-10-14",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 62096.37,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.50%)",
"estimated_monthly_amount_usd": 9314.46
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.02%)",
"estimated_monthly_amount_usd": 6209.64
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 124192.74,
"late_payment_interest_rate_percent": 16.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Rhode Island",
"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-2024-6234
Status: Under Review
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Newton, Zimmerman and Day Ventures, and the Tenant, Webb PLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-26.
The subject of this lease concerns the Partial suite 4B in Building 9 at the property located at 4262 Jason Way
East William, MO 87261. This Office facility consists of approximately 47335 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-22, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $116,365.21. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $116,365.21 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Webb 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 Newton, Zimmerman and Day Ventures. Late payments of rent will accrue interest at a rate of 16.6% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-6234",
"parties": {
"lessor_details": {
"name": "Newton, Zimmerman and Day Ventures",
"entity_type": "Limited Partnership",
"address": "694 Mcintosh Trafficway Suite 234\nPort Carlabury, ND 26111"
},
"lessee_details": {
"name": "Webb PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "4262 Jason Way\nEast William, MO 87261",
"property_type": "Office",
"lease_area_description": "Partial suite 4B in Building 9",
"square_footage_sqft": 47335
},
"lease_terms": {
"effective_date": "2024-04-26",
"commencement_date": "2024-07-22",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 116365.21,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.60%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.20%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 116365.21,
"late_payment_interest_rate_percent": 16.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Newton, Zimmerman and Day Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Newton, Zimmerman and Day Ventures",
"Walton, Rocha and Brewer 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-2024-3274
Status: Executed
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Robinson Inc Inc., and the Tenant, Ramirez-Johnson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-21.
The subject of this lease concerns the Entire floor 43A in Building 2 at the property located at 567 Adam Burgs Suite 912
East Cory, OK 56279. This Office facility consists of approximately 10107 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-27, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $17,038.72. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $34,077.44 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, Ramirez-Johnson is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Robinson Inc 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-2024-3274",
"parties": {
"lessor_details": {
"name": "Robinson Inc Inc.",
"entity_type": "Limited Partnership",
"address": "436 Jennifer Orchard Apt. 691\nGabrielleberg, MI 43953"
},
"lessee_details": {
"name": "Ramirez-Johnson",
"entity_type": "LLC",
"address": "Unit 3544 Box 5974\nDPO AA 06546"
}
},
"property_details": {
"address": "567 Adam Burgs Suite 912\nEast Cory, OK 56279",
"property_type": "Office",
"lease_area_description": "Entire floor 43A in Building 2",
"square_footage_sqft": 10107
},
"lease_terms": {
"effective_date": "2024-04-21",
"commencement_date": "2024-05-27",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 17038.72,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.70%)",
"estimated_monthly_amount_usd": 2555.81
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.70%)",
"estimated_monthly_amount_usd": 1703.87
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 34077.44
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Robinson Inc Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Robinson Inc Inc.",
"Quinn, Clark and Gillespie 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-2023-8422
Status: Draft
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bates Inc Inc., and the Tenant, Rodriguez 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 2023-11-20.
The subject of this lease concerns the Partial suite 5 in Building 4 at the property located at 7217 Marshall Ways
Port Laurahaven, LA 96032. This Industrial facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-05, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $157,822.63. This figure is scheduled for an annual increase based on a 1.61% escalation rate. A security deposit of $157,822.63 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 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-2023-8422",
"parties": {
"lessor_details": {
"name": "Bates Inc Inc.",
"entity_type": "Corporation",
"address": "Unit 0350 Box 0243\nDPO AA 85268"
},
"lessee_details": {
"name": "Rodriguez Inc",
"entity_type": "LLC",
"address": "872 Luna Rest\nNew Jimmy, MO 58350"
}
},
"property_details": {
"address": "7217 Marshall Ways\nPort Laurahaven, LA 96032",
"property_type": "Industrial",
"lease_area_description": "Partial suite 5 in Building 4"
},
"lease_terms": {
"effective_date": "2023-11-20",
"commencement_date": "2023-12-05",
"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": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 157822.63,
"annual_escalation_rate_percent": 1.61,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.74%)",
"estimated_monthly_amount_usd": 23673.39
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.38%)",
"estimated_monthly_amount_usd": 15782.26
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 157822.63,
"late_payment_interest_rate_percent": 17.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "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-2023-5562
Status: Under Review
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Black Ltd LLC, and the Tenant, Lewis-Chavez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-08.
The subject of this lease concerns the Entire unit 41B in Building 3 at the property located at 496 Jackson Estate Suite 828
North Matthewhaven, LA 14772. This Retail facility consists of approximately 19659 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $65,251.50. This figure is scheduled for an annual increase based on a 2.06% escalation rate. A security deposit of $65,251.50 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.
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-2023-5562",
"parties": {
"lessor_details": {
"name": "Black Ltd LLC",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Lewis-Chavez",
"entity_type": "S-Corp",
"address": "09130 Hart Cove Suite 483\nWelchville, CA 81382"
}
},
"property_details": {
"address": "496 Jackson Estate Suite 828\nNorth Matthewhaven, LA 14772",
"property_type": "Retail",
"lease_area_description": "Entire unit 41B in Building 3",
"square_footage_sqft": 19659
},
"lease_terms": {
"effective_date": "2023-09-08",
"commencement_date": "2023-09-23",
"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,
"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": 65251.5,
"annual_escalation_rate_percent": 2.06,
"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 (14.03%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 65251.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Kansas",
"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-2024-2164
Status: Draft
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hicks, Lucas and Bender Ventures, and the Tenant, Wiley-Knapp. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-02.
The subject of this lease concerns the Entire suite 29B in Building 10 at the property located at 1444 Owen Motorway Apt. 984
Adamsborough, MA 77703. This Warehouse facility consists of approximately 44794 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-19, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $91,603.73. This figure is scheduled for an annual increase based on a 2.52% escalation rate. A security deposit of $91,603.73 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.
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-2024-2164",
"parties": {
"lessor_details": {
"name": "Hicks, Lucas and Bender Ventures",
"entity_type": "Corporation",
"address": "391 Williams Glens\nPort Debbie, VI 18697"
},
"lessee_details": {
"name": "Wiley-Knapp",
"entity_type": "LLC"
}
},
"property_details": {
"address": "1444 Owen Motorway Apt. 984\nAdamsborough, MA 77703",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 29B in Building 10",
"square_footage_sqft": 44794
},
"lease_terms": {
"effective_date": "2024-06-02",
"commencement_date": "2024-08-19",
"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": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 91603.73,
"annual_escalation_rate_percent": 2.52,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.98%)",
"estimated_monthly_amount_usd": 13740.56
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.67%)",
"estimated_monthly_amount_usd": 9160.37
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 91603.73,
"late_payment_interest_rate_percent": 9.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Arizona",
"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-2024-3222
Status: Executed
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith Ltd Inc., and the Tenant, Peters, Hernandez 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 2024-05-09.
The subject of this lease concerns the Partial suite 50A in Building 2 at the property located at 213 Oliver Terrace Apt. 160
Hudsonshire, AL 31822. This Industrial facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-25, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $118,255.10. This figure is scheduled for an annual increase based on a 1.78% escalation rate. A security deposit of $118,255.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Peters, Hernandez and Collins 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 Ltd Inc.. Late payments of rent will accrue interest at a rate of 10.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3222",
"parties": {
"lessor_details": {
"name": "Smith Ltd Inc.",
"entity_type": "Corporation",
"address": "984 Turner Corner\nEast Andrew, NV 25756"
},
"lessee_details": {
"name": "Peters, Hernandez and Collins",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "213 Oliver Terrace Apt. 160\nHudsonshire, AL 31822",
"property_type": "Industrial",
"lease_area_description": "Partial suite 50A in Building 2"
},
"lease_terms": {
"effective_date": "2024-05-09",
"commencement_date": "2024-05-25",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"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": 118255.1,
"annual_escalation_rate_percent": 1.78,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.40%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.56%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 118255.1,
"late_payment_interest_rate_percent": 10.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Smith Ltd Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Smith Ltd Inc.",
"Alvarado 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-2024-7355
Status: Executed
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ellis, Rose and Ewing Inc., and the Tenant, Leonard 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 2024-07-22.
The subject of this lease concerns the Partial suite 36B in Building 8 at the property located at 30867 Nelson Mountain
New Williamstad, NH 81149. This Industrial facility consists of approximately 40303 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-14, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $53,367.89. This figure is scheduled for an annual increase based on a 1.78% escalation rate. A security deposit of $106,735.78 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Leonard 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 Ellis, Rose and Ewing Inc.. Late payments of rent will accrue interest at a rate of 15.1% 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-2024-7355",
"parties": {
"lessor_details": {
"name": "Ellis, Rose and Ewing Inc.",
"entity_type": "LLC",
"address": "443 Pierce Fort\nColeland, FM 60660"
},
"lessee_details": {
"name": "Leonard Ltd",
"entity_type": "LLC"
}
},
"property_details": {
"address": "30867 Nelson Mountain\nNew Williamstad, NH 81149",
"property_type": "Industrial",
"lease_area_description": "Partial suite 36B in Building 8",
"square_footage_sqft": 40303
},
"lease_terms": {
"effective_date": "2024-07-22",
"commencement_date": "2024-08-14",
"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": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 53367.89,
"annual_escalation_rate_percent": 1.78,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.51%)",
"estimated_monthly_amount_usd": 8005.18
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.77%)",
"estimated_monthly_amount_usd": 5336.79
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 106735.78,
"late_payment_interest_rate_percent": 15.1
},
"permitted_use": "General office 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": [
"Ellis, Rose and Ewing Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Ellis, Rose and Ewing Inc.",
"Kim, Thomas and Dominguez 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-2024-7420
Status: Under Review
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Larsen, Lee and Porter LLC, and the Tenant, Davidson 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 2024-02-02.
The subject of this lease concerns the Entire unit 1A in Building 9 at the property located at 3260 Rebecca Ford Apt. 996
Fernandezburgh, MI 83716. This Office facility consists of approximately 1623 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-08, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $7,196.65. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $14,393.30 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Note the existence of a Tenant Early Termination Option 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-2024-7420",
"parties": {
"lessor_details": {
"name": "Larsen, Lee and Porter LLC",
"entity_type": "LLC",
"address": "1733 Kim Shoals\nBrowntown, IA 52897"
},
"lessee_details": {
"name": "Davidson Ltd",
"entity_type": "Corporation",
"address": "16672 Paul Parkways Apt. 796\nSouth George, NM 92454"
}
},
"property_details": {
"address": "3260 Rebecca Ford Apt. 996\nFernandezburgh, MI 83716",
"property_type": "Office",
"lease_area_description": "Entire unit 1A in Building 9",
"square_footage_sqft": 1623
},
"lease_terms": {
"effective_date": "2024-02-02",
"commencement_date": "2024-02-08",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 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": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 7196.65,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.20%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 14393.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Alaska",
"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-2024-2454
Status: Draft
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown and Sons Holdings, and the Tenant, Davis-Hawkins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-04.
The subject of this lease concerns the Partial floor 7B in Building 4 at the property located at 60545 Denise Fork Apt. 071
Tinafurt, VA 56857. This Office facility consists of approximately 34583 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-10, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $141,358.01. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $282,716.02 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, Davis-Hawkins is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Brown and Sons Holdings. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2454",
"parties": {
"lessor_details": {
"name": "Brown and Sons Holdings",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Davis-Hawkins",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "60545 Denise Fork Apt. 071\nTinafurt, VA 56857",
"property_type": "Office",
"lease_area_description": "Partial floor 7B in Building 4",
"square_footage_sqft": 34583
},
"lease_terms": {
"effective_date": "2024-01-04",
"commencement_date": "2024-01-10",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 141358.01,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.76%)",
"estimated_monthly_amount_usd": 21203.7
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.02%)",
"estimated_monthly_amount_usd": 14135.8
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 282716.02
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Brown and Sons Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Brown and Sons Holdings",
"Meadows-Gutierrez 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-2024-1757
Status: Under Review
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams-Riley Holdings, and the Tenant, Mitchell, Price and Sullivan. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-15.
The subject of this lease concerns the Partial unit 14B in Building 5 at the property located at 55943 Harris Unions
New Kristen, NH 91332. 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 2024-09-11, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $77,371.84. This figure is scheduled for an annual increase based on a 1.57% escalation rate. A security deposit of $154,743.68 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 5.3% 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-2024-1757",
"parties": {
"lessor_details": {
"name": "Williams-Riley Holdings",
"entity_type": "LLC",
"address": "9642 Graham Village\nKimberlyshire, FM 78075"
},
"lessee_details": {
"name": "Mitchell, Price and Sullivan",
"entity_type": "Corporation",
"address": "778 Serrano Well Apt. 186\nCarrillofurt, RI 95582"
}
},
"property_details": {
"address": "55943 Harris Unions\nNew Kristen, NH 91332",
"property_type": "Industrial",
"lease_area_description": "Partial unit 14B in Building 5"
},
"lease_terms": {
"effective_date": "2024-06-15",
"commencement_date": "2024-09-11",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 77371.84,
"annual_escalation_rate_percent": 1.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.96%)",
"estimated_monthly_amount_usd": 11605.78
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.57%)",
"estimated_monthly_amount_usd": 7737.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 154743.68,
"late_payment_interest_rate_percent": 5.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"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-2023-5869
Status: Amended
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Haley-Reid Holdings, and the Tenant, Hoffman-Wilson. The team is preparing for the 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 unit 21 in Building 9 at the property located at 698 Ferrell Dam Suite 139
Barberville, WY 14524. This Retail facility consists of approximately 17426 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $67,409.58. This figure is scheduled for an annual increase based on a 3.32% escalation rate. A security deposit of $134,819.16 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 15.2% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5869",
"parties": {
"lessor_details": {
"name": "Haley-Reid Holdings",
"entity_type": "Limited Partnership",
"address": "707 Tina Trail\nSampsonberg, MA 04396"
},
"lessee_details": {
"name": "Hoffman-Wilson",
"entity_type": "LLC",
"address": "62509 Guzman Village\nWest Patricia, PR 24521"
}
},
"property_details": {
"address": "698 Ferrell Dam Suite 139\nBarberville, WY 14524",
"property_type": "Retail",
"lease_area_description": "Partial unit 21 in Building 9",
"square_footage_sqft": 17426
},
"lease_terms": {
"effective_date": "2023-11-13",
"commencement_date": "2023-12-23",
"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
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 67409.58,
"annual_escalation_rate_percent": 3.32,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.16%)",
"estimated_monthly_amount_usd": 10111.44
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.84%)",
"estimated_monthly_amount_usd": 6740.96
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 134819.16,
"late_payment_interest_rate_percent": 15.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"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-2023-8556
Status: Amended
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cherry, Jones and Robinson Properties, and the Tenant, Robertson, Richards and Marks. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-01.
The subject of this lease concerns the Entire floor 43A in Building 4 at the property located at 16334 Sandoval Lane
New Scott, MA 65926. This Industrial facility consists of approximately 8697 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-06, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $31,229.48. This figure is scheduled for an annual increase based on a 2.18% escalation rate. A security deposit of $62,458.96 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Robertson, Richards and Marks 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 Cherry, Jones and Robinson Properties. Late payments of rent will accrue interest at a rate of 17.3% 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-2023-8556",
"parties": {
"lessor_details": {
"name": "Cherry, Jones and Robinson Properties",
"entity_type": "LLC",
"address": "00762 Brown Land Suite 448\nHeatherborough, LA 20087"
},
"lessee_details": {
"name": "Robertson, Richards and Marks",
"entity_type": "LLC",
"address": "903 Rodriguez Underpass Apt. 295\nNorth James, NH 27163"
}
},
"property_details": {
"address": "16334 Sandoval Lane\nNew Scott, MA 65926",
"property_type": "Industrial",
"lease_area_description": "Entire floor 43A in Building 4",
"square_footage_sqft": 8697
},
"lease_terms": {
"effective_date": "2023-12-01",
"commencement_date": "2023-12-06",
"initial_term_months": 36,
"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": 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": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 31229.48,
"annual_escalation_rate_percent": 2.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.80%)",
"estimated_monthly_amount_usd": 4684.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.25%)",
"estimated_monthly_amount_usd": 3122.95
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 62458.96,
"late_payment_interest_rate_percent": 17.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Vermont",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Cherry, Jones and Robinson Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Cherry, Jones and Robinson Properties",
"King, Serrano and Osborne 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-2024-8630
Status: Amended
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Coleman, Mcguire and Mcconnell Properties, and the Tenant, White Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-02.
The subject of this lease concerns the Entire suite 14 in Building 5 at the property located at 800 Christopher Trail
South Angelastad, AL 81417. This Retail facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-19, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $154,639.10. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $309,278.20 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, White 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 Coleman, Mcguire and Mcconnell Properties.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8630",
"parties": {
"lessor_details": {
"name": "Coleman, Mcguire and Mcconnell Properties",
"entity_type": "Limited Partnership",
"address": "081 Simon Ridge Suite 289\nObrienborough, PW 81470"
},
"lessee_details": {
"name": "White Inc",
"entity_type": "LLC",
"address": "616 Gonzalez Village\nRuizshire, FM 79070"
}
},
"property_details": {
"address": "800 Christopher Trail\nSouth Angelastad, AL 81417",
"property_type": "Retail",
"lease_area_description": "Entire suite 14 in Building 5"
},
"lease_terms": {
"effective_date": "2024-03-02",
"commencement_date": "2024-05-19",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 154639.1,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.49%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.67%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 309278.2
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Coleman, Mcguire and Mcconnell Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Coleman, Mcguire and Mcconnell Properties",
"Wagner-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-2023-4667
Status: Under Review
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hood, Gonzalez and Gillespie Properties, and the Tenant, Hebert, Green and Howard. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-11.
The subject of this lease concerns the Partial floor 4A in Building 4 at the property located at 744 Weaver Mission
Andrewton, DC 79997. This Retail facility consists of approximately 23485 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $83,958.88. This figure is scheduled for an annual increase based on a 2.49% escalation rate. A security deposit of $167,917.76 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, Hebert, Green and Howard 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 Hood, Gonzalez and Gillespie Properties. Late payments of rent will accrue interest at a rate of 16.6% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-4667",
"parties": {
"lessor_details": {
"name": "Hood, Gonzalez and Gillespie Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Hebert, Green and Howard",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "744 Weaver Mission\nAndrewton, DC 79997",
"property_type": "Retail",
"lease_area_description": "Partial floor 4A in Building 4",
"square_footage_sqft": 23485
},
"lease_terms": {
"effective_date": "2023-12-11",
"commencement_date": "2023-12-26",
"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": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 83958.88,
"annual_escalation_rate_percent": 2.49,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.50%)",
"estimated_monthly_amount_usd": 12593.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.33%)",
"estimated_monthly_amount_usd": 8395.89
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 167917.76,
"late_payment_interest_rate_percent": 16.6
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hood, Gonzalez and Gillespie Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hood, Gonzalez and Gillespie Properties",
"Hill 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-2023-6591
Status: Executed
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Moore Ltd Inc., and the Tenant, Moore Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-28.
The subject of this lease concerns the Entire suite 11A in Building 4 at the property located at 0126 Bennett Dam Suite 155
South Joybury, TN 18829. This Warehouse facility consists of approximately 21996 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $107,963.70. This figure is scheduled for an annual increase based on a 3.95% escalation rate. A security deposit of $107,963.70 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.
Late payments of rent will accrue interest at a rate of 7.2% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-6591",
"parties": {
"lessor_details": {
"name": "Moore Ltd Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Moore Ltd",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "0126 Bennett Dam Suite 155\nSouth Joybury, TN 18829",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 11A in Building 4",
"square_footage_sqft": 21996
},
"lease_terms": {
"effective_date": "2023-08-28",
"commencement_date": "2023-09-02",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 107963.7,
"annual_escalation_rate_percent": 3.95,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.63%)",
"estimated_monthly_amount_usd": 16194.56
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.55%)",
"estimated_monthly_amount_usd": 10796.37
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 107963.7,
"late_payment_interest_rate_percent": 7.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"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-2024-8787
Status: Executed
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ibarra-Gray Holdings, and the Tenant, Hansen-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 2024-03-15.
The subject of this lease concerns the Entire unit 1B in Building 6 at the property located at 404 Ford Neck Suite 577
Dayborough, GU 08496. This Mixed-Use facility consists of approximately 31537 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-10, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $140,838.99. This figure is scheduled for an annual increase based on a 2.55% escalation rate. A security deposit of $140,838.99 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, Hansen-Jones 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 Ibarra-Gray Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8787",
"parties": {
"lessor_details": {
"name": "Ibarra-Gray Holdings",
"entity_type": "Limited Partnership",
"address": "75871 Michelle Prairie Suite 435\nPetersonchester, SC 17723"
},
"lessee_details": {
"name": "Hansen-Jones",
"entity_type": "Corporation",
"address": "7933 Knox Vista\nBrittanyburgh, VI 63198"
}
},
"property_details": {
"address": "404 Ford Neck Suite 577\nDayborough, GU 08496",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 1B in Building 6",
"square_footage_sqft": 31537
},
"lease_terms": {
"effective_date": "2024-03-15",
"commencement_date": "2024-04-10",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 140838.99,
"annual_escalation_rate_percent": 2.55,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.87%)",
"estimated_monthly_amount_usd": 21125.85
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.64%)",
"estimated_monthly_amount_usd": 14083.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 140838.99
},
"permitted_use": "Retail sales of goods 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": [
"Ibarra-Gray Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Ibarra-Gray Holdings",
"Chan-Turner 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-2024-2605
Status: Under Review
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Spence-Kelly Holdings, and the Tenant, Lee, Allen and Flores. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-25.
The subject of this lease concerns the Entire unit 11B in Building 1 at the property located at 26185 Whitney Park
Lake Stephaniefurt, PR 36139. This Warehouse facility consists of approximately 43392 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-30, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $190,346.24. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $380,692.48 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, Lee, Allen and Flores 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 Spence-Kelly Holdings. Late payments of rent will accrue interest at a rate of 6.9% 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 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-2024-2605",
"parties": {
"lessor_details": {
"name": "Spence-Kelly Holdings",
"entity_type": "LLC",
"address": "0830 Rachel Trail Suite 794\nElizabethtown, CO 71631"
},
"lessee_details": {
"name": "Lee, Allen and Flores",
"entity_type": "S-Corp",
"address": "865 Baldwin Vista\nHammondchester, MS 10555"
}
},
"property_details": {
"address": "26185 Whitney Park\nLake Stephaniefurt, PR 36139",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 11B in Building 1",
"square_footage_sqft": 43392
},
"lease_terms": {
"effective_date": "2024-01-25",
"commencement_date": "2024-03-30",
"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": "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": 190346.24,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.58%)",
"estimated_monthly_amount_usd": 28551.94
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.27%)",
"estimated_monthly_amount_usd": 19034.62
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 380692.48,
"late_payment_interest_rate_percent": 6.9
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Spence-Kelly Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Spence-Kelly Holdings",
"Villegas 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-2023-4415
Status: Amended
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Patrick Inc Holdings, and the Tenant, Wilson LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-06.
The subject of this lease concerns the Entire suite 5B in Building 6 at the property located at 1521 John Mount
Lewisside, AS 51846. This Retail facility consists of approximately 13562 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $60,124.87. This figure is scheduled for an annual increase based on a 3.55% escalation rate. A security deposit of $60,124.87 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Wilson 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 Patrick Inc Holdings. Late payments of rent will accrue interest at a rate of 10.7% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-4415",
"parties": {
"lessor_details": {
"name": "Patrick Inc Holdings",
"entity_type": "Corporation",
"address": "2271 Emily Isle\nPort Timothy, IN 99115"
},
"lessee_details": {
"name": "Wilson LLC",
"entity_type": "Corporation",
"address": "975 Gary Route\nDustinburgh, VI 93392"
}
},
"property_details": {
"address": "1521 John Mount\nLewisside, AS 51846",
"property_type": "Retail",
"lease_area_description": "Entire suite 5B in Building 6",
"square_footage_sqft": 13562
},
"lease_terms": {
"effective_date": "2023-09-06",
"commencement_date": "2023-09-23",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 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": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 60124.87,
"annual_escalation_rate_percent": 3.55,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.52%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.88%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 60124.87,
"late_payment_interest_rate_percent": 10.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Patrick Inc Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Patrick Inc Holdings",
"Weaver-Lopez 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-2024-5127
Status: Draft
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Berry-Simmons Inc., and the Tenant, Simpson, Stokes and Poole. The team is preparing for the 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 floor 9 in Building 7 at the property located at 948 Tiffany Rue Suite 444
Lake Brianna, GA 96902. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-18, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $40,872.22. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $81,744.44 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-5127",
"parties": {
"lessor_details": {
"name": "Berry-Simmons Inc.",
"entity_type": "Limited Partnership",
"address": "737 Macdonald Plains\nSouth Michaelton, ND 37742"
},
"lessee_details": {
"name": "Simpson, Stokes and Poole",
"entity_type": "LLC",
"address": "Unit 0352 Box 5032\nDPO AP 62945"
}
},
"property_details": {
"address": "948 Tiffany Rue Suite 444\nLake Brianna, GA 96902",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 9 in Building 7"
},
"lease_terms": {
"effective_date": "2024-06-21",
"commencement_date": "2024-09-18",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 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": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 40872.22,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.21%)",
"estimated_monthly_amount_usd": 6130.83
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.37%)",
"estimated_monthly_amount_usd": 4087.22
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 81744.44,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Indiana",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8248
Status: Executed
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Vasquez-Moreno Properties, and the Tenant, Duncan 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 2023-12-04.
The subject of this lease concerns the Partial unit 47 in Building 3 at the property located at 81368 Amanda Shores Suite 868
Port Daisy, VT 22219. This Industrial facility consists of approximately 46942 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-15, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $158,077.18. This figure is scheduled for an annual increase based on a 3.06% escalation rate. A security deposit of $316,154.36 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, Duncan 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 Vasquez-Moreno Properties. Late payments of rent will accrue interest at a rate of 10.8% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-8248",
"parties": {
"lessor_details": {
"name": "Vasquez-Moreno Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Duncan PLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "81368 Amanda Shores Suite 868\nPort Daisy, VT 22219",
"property_type": "Industrial",
"lease_area_description": "Partial unit 47 in Building 3",
"square_footage_sqft": 46942
},
"lease_terms": {
"effective_date": "2023-12-04",
"commencement_date": "2023-12-15",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 158077.18,
"annual_escalation_rate_percent": 3.06,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.90%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.27%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 316154.36,
"late_payment_interest_rate_percent": 10.8
},
"permitted_use": "Professional services 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": [
"Vasquez-Moreno Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Vasquez-Moreno Properties",
"Buck-Tucker 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-2023-2168
Status: Under Review
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Torres, Dixon and King Inc., and the Tenant, Sullivan, Barrett and 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 2023-08-31.
The subject of this lease concerns the Partial unit 21A in Building 7 at the property located at 4861 Ronnie Fort
North Angelabury, KS 35393. This Industrial facility consists of approximately 45663 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $99,202.87. This figure is scheduled for an annual increase based on a 2.18% escalation rate. A security deposit of $99,202.87 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Sullivan, Barrett and Martinez 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 Torres, Dixon and King Inc.. Late payments of rent will accrue interest at a rate of 11.0% 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-2023-2168",
"parties": {
"lessor_details": {
"name": "Torres, Dixon and King Inc.",
"entity_type": "LLC",
"address": "30712 Tina Fall\nLake Nicoleton, MN 34935"
},
"lessee_details": {
"name": "Sullivan, Barrett and Martinez",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "4861 Ronnie Fort\nNorth Angelabury, KS 35393",
"property_type": "Industrial",
"lease_area_description": "Partial unit 21A in Building 7",
"square_footage_sqft": 45663
},
"lease_terms": {
"effective_date": "2023-08-31",
"commencement_date": "2023-11-03",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 99202.87,
"annual_escalation_rate_percent": 2.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.22%)",
"estimated_monthly_amount_usd": 14880.43
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.15%)",
"estimated_monthly_amount_usd": 9920.29
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 99202.87,
"late_payment_interest_rate_percent": 11.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Torres, Dixon and King Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Torres, Dixon and King Inc.",
"Knapp-Nelson 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: Draft
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bradshaw-Avila Ventures, and the Tenant, Keller-Cox. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-26.
The subject of this lease concerns the Entire suite 4B in Building 8 at the property located at 0902 Melissa Grove
Natashamouth, OH 61139. This Office facility consists of approximately 49877 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-01, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $187,454.39. This figure is scheduled for an annual increase based on a 2.34% escalation rate. A security deposit of $374,908.78 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Keller-Cox 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 Bradshaw-Avila Ventures. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4100",
"parties": {
"lessor_details": {
"name": "Bradshaw-Avila Ventures",
"entity_type": "Corporation",
"address": "770 Shannon Mission Apt. 601\nMatthewchester, UT 64318"
},
"lessee_details": {
"name": "Keller-Cox",
"entity_type": "LLC"
}
},
"property_details": {
"address": "0902 Melissa Grove\nNatashamouth, OH 61139",
"property_type": "Office",
"lease_area_description": "Entire suite 4B in Building 8",
"square_footage_sqft": 49877
},
"lease_terms": {
"effective_date": "2024-05-26",
"commencement_date": "2024-08-01",
"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": 365
}
],
"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": 187454.39,
"annual_escalation_rate_percent": 2.34,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.74%)",
"estimated_monthly_amount_usd": 28118.16
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.31%)",
"estimated_monthly_amount_usd": 18745.44
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 374908.78
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Bradshaw-Avila Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Bradshaw-Avila Ventures",
"Hendrix-Harris Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4531
Status: Draft
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Campbell-Barrett Properties, and the Tenant, Klein-Wright. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-26.
The subject of this lease concerns the Partial unit 48A in Building 1 at the property located at 674 Meyer Station Suite 062
East Christopher, NY 02763. 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 2024-06-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $38,002.40. This figure is scheduled for an annual increase based on a 1.89% escalation rate. A security deposit of $38,002.40 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.
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-2024-4531",
"parties": {
"lessor_details": {
"name": "Campbell-Barrett Properties",
"entity_type": "LLC",
"address": "320 Horton Tunnel Suite 583\nSouth Sandra, KS 34057"
},
"lessee_details": {
"name": "Klein-Wright",
"entity_type": "LLC",
"address": "18960 Matthew Creek Apt. 389\nPort Lindseymouth, SD 30738"
}
},
"property_details": {
"address": "674 Meyer Station Suite 062\nEast Christopher, NY 02763",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 48A in Building 1"
},
"lease_terms": {
"effective_date": "2024-04-26",
"commencement_date": "2024-06-24",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 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": 38002.4,
"annual_escalation_rate_percent": 1.89,
"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 (14.97%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 38002.4,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Michigan",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-4409
Status: Under Review
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kidd Ltd Properties, and the Tenant, Jacobs-Hoffman. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-25.
The subject of this lease concerns the Entire floor 12B in Building 1 at the property located at 91520 Rachel Place
Waltersville, ID 60232. This Retail facility consists of approximately 29032 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-21, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $49,620.53. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $49,620.53 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, Jacobs-Hoffman 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 Kidd Ltd Properties. Late payments of rent will accrue interest at a rate of 6.3% 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 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-2023-4409",
"parties": {
"lessor_details": {
"name": "Kidd Ltd Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Jacobs-Hoffman",
"entity_type": "Corporation",
"address": "6870 Davis Mountains\nSarahbury, WI 54883"
}
},
"property_details": {
"address": "91520 Rachel Place\nWaltersville, ID 60232",
"property_type": "Retail",
"lease_area_description": "Entire floor 12B in Building 1",
"square_footage_sqft": 29032
},
"lease_terms": {
"effective_date": "2023-12-25",
"commencement_date": "2024-03-21",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 49620.53,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.88%)",
"estimated_monthly_amount_usd": 7443.08
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.07%)",
"estimated_monthly_amount_usd": 4962.05
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 49620.53,
"late_payment_interest_rate_percent": 6.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Kidd Ltd Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Kidd Ltd Properties",
"Juarez-Davis 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-2023-2740
Status: Under Review
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Khan-Hood Ventures, and the Tenant, Bradley 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 2023-11-04.
The subject of this lease concerns the Entire suite 43B in Building 3 at the property located at 16433 Jennifer Roads
Hicksville, MS 46198. This Office facility consists of approximately 30266 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-22, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $118,516.61. This figure is scheduled for an annual increase based on a 3.59% escalation rate. A security deposit of $237,033.22 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, Bradley 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 Khan-Hood Ventures. 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-2023-2740",
"parties": {
"lessor_details": {
"name": "Khan-Hood Ventures",
"entity_type": "Limited Partnership",
"address": "9753 Keller Pine Suite 820\nJosephfurt, MH 60600"
},
"lessee_details": {
"name": "Bradley LLC",
"entity_type": "LLC",
"address": "60865 Guerrero Inlet\nEast Jacobshire, FL 16541"
}
},
"property_details": {
"address": "16433 Jennifer Roads\nHicksville, MS 46198",
"property_type": "Office",
"lease_area_description": "Entire suite 43B in Building 3",
"square_footage_sqft": 30266
},
"lease_terms": {
"effective_date": "2023-11-04",
"commencement_date": "2024-01-22",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 118516.61,
"annual_escalation_rate_percent": 3.59,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.36%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.52%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 237033.22
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Khan-Hood Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Khan-Hood Ventures",
"Ramirez, Walsh and Rodriguez 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-2024-1252
Status: Executed
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Flowers LLC LLC, and the Tenant, Jordan-Williams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-06.
The subject of this lease concerns the Entire floor 4B in Building 2 at the property located at 48550 Melendez Union Apt. 928
Hintonstad, MI 18289. This Retail facility consists of approximately 36498 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-08, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $86,378.60. This figure is scheduled for an annual increase based on a 2.63% escalation rate. A security deposit of $172,757.20 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, Jordan-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 Flowers LLC LLC. Late payments of rent will accrue interest at a rate of 10.6% 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-2024-1252",
"parties": {
"lessor_details": {
"name": "Flowers LLC LLC",
"entity_type": "Limited Partnership",
"address": "1997 Taylor Ports Suite 516\nEast Tiffany, MH 51853"
},
"lessee_details": {
"name": "Jordan-Williams",
"entity_type": "Corporation",
"address": "Unit 9901 Box 5024\nDPO AP 54655"
}
},
"property_details": {
"address": "48550 Melendez Union Apt. 928\nHintonstad, MI 18289",
"property_type": "Retail",
"lease_area_description": "Entire floor 4B in Building 2",
"square_footage_sqft": 36498
},
"lease_terms": {
"effective_date": "2024-03-06",
"commencement_date": "2024-05-08",
"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": 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": 86378.6,
"annual_escalation_rate_percent": 2.63,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.88%)",
"estimated_monthly_amount_usd": 12956.79
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.62%)",
"estimated_monthly_amount_usd": 8637.86
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 172757.2,
"late_payment_interest_rate_percent": 10.6
},
"permitted_use": "Professional services 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": [
"Flowers LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Flowers LLC LLC",
"Wilson and Sons Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-7529
Status: Under Review
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith-Mendoza LLC, and the Tenant, Mills LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-18.
The subject of this lease concerns the Entire suite 7 in Building 1 at the property located at USNS Eaton
FPO AP 74486. This Mixed-Use facility consists of approximately 12366 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-26, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $48,711.74. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $48,711.74 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Mills 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 Smith-Mendoza LLC. Late payments of rent will accrue interest at a rate of 7.4% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-7529",
"parties": {
"lessor_details": {
"name": "Smith-Mendoza LLC",
"entity_type": "LLC",
"address": "8112 Cabrera Club\nEvansborough, SD 88285"
},
"lessee_details": {
"name": "Mills LLC",
"entity_type": "Corporation",
"address": "030 Katherine Path\nJoshuastad, CO 08117"
}
},
"property_details": {
"address": "USNS Eaton\nFPO AP 74486",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 7 in Building 1",
"square_footage_sqft": 12366
},
"lease_terms": {
"effective_date": "2023-09-18",
"commencement_date": "2023-09-26",
"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": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 48711.74,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.26%)",
"estimated_monthly_amount_usd": 7306.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.16%)",
"estimated_monthly_amount_usd": 4871.17
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 48711.74,
"late_payment_interest_rate_percent": 7.4
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Smith-Mendoza LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Smith-Mendoza LLC",
"Fisher, Santana and Atkins 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-2024-3502
Status: Under Review
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith and Sons Inc., and the Tenant, Griffith-Moyer. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-13.
The subject of this lease concerns the Entire unit 46B in Building 2 at the property located at 082 John Square
North Markstad, OR 88687. This Retail facility consists of approximately 12854 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $23,115.78. This figure is scheduled for an annual increase based on a 3.45% escalation rate. A security deposit of $23,115.78 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, Griffith-Moyer 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 Smith and Sons Inc.. Late payments of rent will accrue interest at a rate of 13.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-3502",
"parties": {
"lessor_details": {
"name": "Smith and Sons Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Griffith-Moyer",
"entity_type": "Corporation",
"address": "681 Brittany Forge Suite 444\nLake Amy, CT 65585"
}
},
"property_details": {
"address": "082 John Square\nNorth Markstad, OR 88687",
"property_type": "Retail",
"lease_area_description": "Entire unit 46B in Building 2",
"square_footage_sqft": 12854
},
"lease_terms": {
"effective_date": "2024-01-13",
"commencement_date": "2024-03-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": 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": 23115.78,
"annual_escalation_rate_percent": 3.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.71%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.29%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 23115.78,
"late_payment_interest_rate_percent": 13.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Smith and Sons Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Smith and Sons Inc.",
"Parker 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-2023-8000
Status: Under Review
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bailey PLC Inc., and the Tenant, Bush-Garcia. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-29.
The subject of this lease concerns the Partial suite 19A in Building 7 at the property located at 902 Megan Expressway Suite 984
South Roberta, ME 87449. This Warehouse facility consists of approximately 18638 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-11, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $55,867.40. This figure is scheduled for an annual increase based on a 1.62% escalation rate. A security deposit of $111,734.80 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, Bush-Garcia 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 Bailey PLC Inc.. Late payments of rent will accrue interest at a rate of 12.9% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2023-8000",
"parties": {
"lessor_details": {
"name": "Bailey PLC Inc.",
"entity_type": "Corporation",
"address": "625 Ross Plains Suite 509\nNew Kristin, NV 77259"
},
"lessee_details": {
"name": "Bush-Garcia",
"entity_type": "S-Corp",
"address": "497 Romero Dale\nNorth Sylviafort, VT 78052"
}
},
"property_details": {
"address": "902 Megan Expressway Suite 984\nSouth Roberta, ME 87449",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 19A in Building 7",
"square_footage_sqft": 18638
},
"lease_terms": {
"effective_date": "2023-10-29",
"commencement_date": "2023-12-11",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 55867.4,
"annual_escalation_rate_percent": 1.62,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.89%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.85%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 111734.8,
"late_payment_interest_rate_percent": 12.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Bailey PLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Bailey PLC Inc.",
"Baxter, Baker and Ware 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-2024-8257
Status: Under Review
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Foster, Koch and Fischer Properties, and the Tenant, Curtis 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 2024-02-05.
The subject of this lease concerns the Partial unit 45A in Building 4 at the property located at 1978 Phillips Forges
West Thomas, NY 55846. This Retail facility consists of approximately 3307 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-16, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $6,743.52. This figure is scheduled for an annual increase based on a 2.35% escalation rate. A security deposit of $13,487.04 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, Curtis Ltd is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Foster, Koch and Fischer Properties. 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 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-2024-8257",
"parties": {
"lessor_details": {
"name": "Foster, Koch and Fischer Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Curtis Ltd",
"entity_type": "LLC",
"address": "335 Allison Pines\nEast Josephburgh, CO 75965"
}
},
"property_details": {
"address": "1978 Phillips Forges\nWest Thomas, NY 55846",
"property_type": "Retail",
"lease_area_description": "Partial unit 45A in Building 4",
"square_footage_sqft": 3307
},
"lease_terms": {
"effective_date": "2024-02-05",
"commencement_date": "2024-04-16",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 6743.52,
"annual_escalation_rate_percent": 2.35,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.39%)",
"estimated_monthly_amount_usd": 1011.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.54%)",
"estimated_monthly_amount_usd": 674.35
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 13487.04,
"late_payment_interest_rate_percent": 12.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Iowa",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Foster, Koch and Fischer Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Foster, Koch and Fischer Properties",
"Sutton-Brooks 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-2023-1756
Status: Executed
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harris LLC Holdings, and the Tenant, Collins-Cline. The team is preparing for the 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 Entire suite 13B in Building 3 at the property located at 5630 Payne Lodge
North Kimberlyberg, NV 52268. This Mixed-Use facility consists of approximately 5069 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-10, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $12,203.62. This figure is scheduled for an annual increase based on a 1.93% escalation rate. A security deposit of $24,407.24 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Collins-Cline 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 Harris LLC Holdings. Late payments of rent will accrue interest at a rate of 9.5% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-1756",
"parties": {
"lessor_details": {
"name": "Harris LLC Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Collins-Cline",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "5630 Payne Lodge\nNorth Kimberlyberg, NV 52268",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 13B in Building 3",
"square_footage_sqft": 5069
},
"lease_terms": {
"effective_date": "2023-11-19",
"commencement_date": "2023-12-10",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 12203.62,
"annual_escalation_rate_percent": 1.93,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.47%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.09%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 24407.24,
"late_payment_interest_rate_percent": 9.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Harris LLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Harris LLC Holdings",
"Small, Flynn and Maddox 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-2024-8875
Status: Draft
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Figueroa, Barber and Gray Ventures, and the Tenant, Greene 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 2024-04-11.
The subject of this lease concerns the Entire suite 18A in Building 3 at the property located at 174 Drew Gateway Suite 786
East Jeanette, CT 78668. This Warehouse facility consists of approximately 5149 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-29, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $19,278.71. This figure is scheduled for an annual increase based on a 1.83% escalation rate. A security deposit of $19,278.71 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, Greene 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 Figueroa, Barber and Gray Ventures. Late payments of rent will accrue interest at a rate of 6.4% 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-2024-8875",
"parties": {
"lessor_details": {
"name": "Figueroa, Barber and Gray Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Greene Group",
"entity_type": "Corporation",
"address": "6962 Jacqueline Corner\nBrandybury, FM 38719"
}
},
"property_details": {
"address": "174 Drew Gateway Suite 786\nEast Jeanette, CT 78668",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 18A in Building 3",
"square_footage_sqft": 5149
},
"lease_terms": {
"effective_date": "2024-04-11",
"commencement_date": "2024-05-29",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "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": "7 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 19278.71,
"annual_escalation_rate_percent": 1.83,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.08%)",
"estimated_monthly_amount_usd": 2891.81
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.36%)",
"estimated_monthly_amount_usd": 1927.87
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 19278.71,
"late_payment_interest_rate_percent": 6.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Figueroa, Barber and Gray Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Figueroa, Barber and Gray Ventures",
"Martinez, Davis and Davila 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-2024-5637
Status: Amended
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, King, Jones and Proctor Properties, and the Tenant, Hall-Flores. The team is preparing for the 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 Partial suite 50 in Building 9 at the property located at 2999 Emma Shoal
South Beverly, NY 45643. This Industrial facility consists of approximately 14245 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-26, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $68,008.00. This figure is scheduled for an annual increase based on a 1.88% escalation rate. A security deposit of $68,008.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Hall-Flores is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including King, Jones and Proctor Properties. Late payments of rent will accrue interest at a rate of 16.5% 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-2024-5637",
"parties": {
"lessor_details": {
"name": "King, Jones and Proctor Properties",
"entity_type": "Limited Partnership",
"address": "Unit 9961 Box 7047\nDPO AP 04818"
},
"lessee_details": {
"name": "Hall-Flores",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "2999 Emma Shoal\nSouth Beverly, NY 45643",
"property_type": "Industrial",
"lease_area_description": "Partial suite 50 in Building 9",
"square_footage_sqft": 14245
},
"lease_terms": {
"effective_date": "2024-05-16",
"commencement_date": "2024-06-26",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 68008.0,
"annual_escalation_rate_percent": 1.88,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.35%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.75%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 68008.0,
"late_payment_interest_rate_percent": 16.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"King, Jones and Proctor Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"King, Jones and Proctor Properties",
"Wagner-Norton 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-2023-6468
Status: Under Review
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Webster, Smith and Harmon Inc., and the Tenant, Hubbard-Wilson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-09.
The subject of this lease concerns the Partial unit 34B in Building 6 at the property located at 45939 Brian Road
Denisechester, NJ 87799. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-16, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $181,618.23. This figure is scheduled for an annual increase based on a 2.03% escalation rate. A security deposit of $363,236.46 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, Hubbard-Wilson 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 Webster, Smith and Harmon Inc.. Late payments of rent will accrue interest at a rate of 5.6% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-6468",
"parties": {
"lessor_details": {
"name": "Webster, Smith and Harmon Inc.",
"entity_type": "Limited Partnership",
"address": "27649 West Viaduct Suite 832\nCisnerosburgh, ND 74433"
},
"lessee_details": {
"name": "Hubbard-Wilson",
"entity_type": "LLC"
}
},
"property_details": {
"address": "45939 Brian Road\nDenisechester, NJ 87799",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 34B in Building 6"
},
"lease_terms": {
"effective_date": "2023-12-09",
"commencement_date": "2024-02-16",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 181618.23,
"annual_escalation_rate_percent": 2.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.61%)",
"estimated_monthly_amount_usd": 27242.73
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.91%)",
"estimated_monthly_amount_usd": 18161.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 363236.46,
"late_payment_interest_rate_percent": 5.6
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Georgia",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Webster, Smith and Harmon Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Webster, Smith and Harmon Inc.",
"Wright, Kirk and Williamson 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-2024-6670
Status: Executed
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hinton-Wood Ventures, and the Tenant, Strickland-Travis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-27.
The subject of this lease concerns the Partial unit 21A in Building 4 at the property located at 684 Tanya Forge Apt. 969
Christyland, PR 05482. This Industrial facility consists of approximately 46590 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-17, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $110,961.85. This figure is scheduled for an annual increase based on a 3.49% escalation rate. A security deposit of $110,961.85 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Strickland-Travis 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 Hinton-Wood Ventures. 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-2024-6670",
"parties": {
"lessor_details": {
"name": "Hinton-Wood Ventures",
"entity_type": "Corporation",
"address": "PSC 4601, Box 1998\nAPO AE 13121"
},
"lessee_details": {
"name": "Strickland-Travis",
"entity_type": "LLC"
}
},
"property_details": {
"address": "684 Tanya Forge Apt. 969\nChristyland, PR 05482",
"property_type": "Industrial",
"lease_area_description": "Partial unit 21A in Building 4",
"square_footage_sqft": 46590
},
"lease_terms": {
"effective_date": "2024-01-27",
"commencement_date": "2024-03-17",
"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
}
],
"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."
},
{
"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": 110961.85,
"annual_escalation_rate_percent": 3.49,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.96%)",
"estimated_monthly_amount_usd": 16644.28
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.35%)",
"estimated_monthly_amount_usd": 11096.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 110961.85
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Hinton-Wood Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hinton-Wood Ventures",
"Harper, Ali and Anderson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5414
Status: Draft
Governing Jurisdiction: Oregon
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Brown Ltd LLC, and the Tenant, Deleon LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-21.
The subject of this lease concerns the Partial floor 46B in Building 5 at the property located at Unit 2753 Box 8761
DPO AA 41004. This Retail facility consists of approximately 25418 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $83,752.31. This figure is scheduled for an annual increase based on a 3.31% escalation rate. A security deposit of $83,752.31 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 is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 17.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5414",
"parties": {
"lessor_details": {
"name": "Brown Ltd LLC",
"entity_type": "Corporation",
"address": "11868 Armstrong Mews\nEast Jennifer, TX 16402"
},
"lessee_details": {
"name": "Deleon LLC",
"entity_type": "LLC",
"address": "15009 Lynch Stravenue Suite 156\nNew Jeffery, NM 68615"
}
},
"property_details": {
"address": "Unit 2753 Box 8761\nDPO AA 41004",
"property_type": "Retail",
"lease_area_description": "Partial floor 46B in Building 5",
"square_footage_sqft": 25418
},
"lease_terms": {
"effective_date": "2023-08-21",
"commencement_date": "2023-09-02",
"initial_term_months": 36,
"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": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 83752.31,
"annual_escalation_rate_percent": 3.31,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.71%)",
"estimated_monthly_amount_usd": 12562.85
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.27%)",
"estimated_monthly_amount_usd": 8375.23
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 83752.31,
"late_payment_interest_rate_percent": 17.7
},
"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-2024-7367
Status: Draft
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hahn, Hughes and Jones LLC, and the Tenant, Bailey, Miller and Arnold. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-29.
The subject of this lease concerns the Partial floor 39B in Building 9 at the property located at 9069 Walters Tunnel
West Saraburgh, MD 73886. This Mixed-Use facility consists of approximately 30604 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-14, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $63,401.29. This figure is scheduled for an annual increase based on a 2.49% escalation rate. A security deposit of $126,802.58 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 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, Bailey, Miller and Arnold 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 Hahn, Hughes and Jones 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-2024-7367",
"parties": {
"lessor_details": {
"name": "Hahn, Hughes and Jones LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Bailey, Miller and Arnold",
"entity_type": "S-Corp",
"address": "97770 Nancy Radial Suite 172\nSouth Cameronmouth, NE 08613"
}
},
"property_details": {
"address": "9069 Walters Tunnel\nWest Saraburgh, MD 73886",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 39B in Building 9",
"square_footage_sqft": 30604
},
"lease_terms": {
"effective_date": "2024-05-29",
"commencement_date": "2024-08-14",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 63401.29,
"annual_escalation_rate_percent": 2.49,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.32%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.08%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 126802.58
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Hahn, Hughes and Jones LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Hahn, Hughes and Jones LLC",
"Lynch, Hicks and Russell 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-2024-8940
Status: Draft
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Guerrero and Sons Inc., and the Tenant, Nelson LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-11.
The subject of this lease concerns the Partial floor 25B in Building 3 at the property located at 695 Mcguire Club Apt. 855
East Andrew, WY 92475. This Industrial facility consists of approximately 43940 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-04, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $192,274.12. This figure is scheduled for an annual increase based on a 2.97% escalation rate. A security deposit of $192,274.12 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 9.3% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-8940",
"parties": {
"lessor_details": {
"name": "Guerrero and Sons Inc.",
"entity_type": "Limited Partnership",
"address": "521 Kenneth Centers\nLake Sandra, LA 46666"
},
"lessee_details": {
"name": "Nelson LLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "695 Mcguire Club Apt. 855\nEast Andrew, WY 92475",
"property_type": "Industrial",
"lease_area_description": "Partial floor 25B in Building 3",
"square_footage_sqft": 43940
},
"lease_terms": {
"effective_date": "2024-01-11",
"commencement_date": "2024-02-04",
"initial_term_months": 60,
"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": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 192274.12,
"annual_escalation_rate_percent": 2.97,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.27%)",
"estimated_monthly_amount_usd": 28841.12
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.12%)",
"estimated_monthly_amount_usd": 19227.41
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 192274.12,
"late_payment_interest_rate_percent": 9.3
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Colorado",
"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-2024-2753
Status: Amended
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Thornton and Sons Ventures, and the Tenant, White-Thompson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-25.
The subject of this lease concerns the Partial floor 50A in Building 9 at the property located at Unit 8253 Box 2176
DPO AA 97683. This Industrial facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-15, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $85,946.19. This figure is scheduled for an annual increase based on a 3.64% escalation rate. A security deposit of $85,946.19 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, White-Thompson 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 Thornton and Sons Ventures. Late payments of rent will accrue interest at a rate of 15.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-2753",
"parties": {
"lessor_details": {
"name": "Thornton and Sons Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "White-Thompson",
"entity_type": "LLC",
"address": "751 Carroll Route\nScottside, NJ 18585"
}
},
"property_details": {
"address": "Unit 8253 Box 2176\nDPO AA 97683",
"property_type": "Industrial",
"lease_area_description": "Partial floor 50A in Building 9"
},
"lease_terms": {
"effective_date": "2024-01-25",
"commencement_date": "2024-03-15",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 85946.19,
"annual_escalation_rate_percent": 3.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.01%)",
"estimated_monthly_amount_usd": 12891.93
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.00%)",
"estimated_monthly_amount_usd": 8594.62
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 85946.19,
"late_payment_interest_rate_percent": 15.0
},
"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": 2000000,
"named_insureds_required": [
"Thornton and Sons Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Thornton and Sons Ventures",
"Harris 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-2023-7144
Status: Executed
Governing Jurisdiction: Illinois
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bradley, Brooks and Allen Ventures, and the Tenant, Hudson-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 2023-12-24.
The subject of this lease concerns the Partial suite 18A in Building 7 at the property located at 271 Ramsey Views
Michealbury, FL 06896. This Office facility consists of approximately 49194 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-05, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $225,595.49. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $451,190.98 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 17.4% 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 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-2023-7144",
"parties": {
"lessor_details": {
"name": "Bradley, Brooks and Allen Ventures",
"entity_type": "LLC",
"address": "USNS Nelson\nFPO AA 96334"
},
"lessee_details": {
"name": "Hudson-Lee",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "271 Ramsey Views\nMichealbury, FL 06896",
"property_type": "Office",
"lease_area_description": "Partial suite 18A in Building 7",
"square_footage_sqft": 49194
},
"lease_terms": {
"effective_date": "2023-12-24",
"commencement_date": "2024-02-05",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"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": 225595.49,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.04%)",
"estimated_monthly_amount_usd": 33839.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.30%)",
"estimated_monthly_amount_usd": 22559.55
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 451190.98,
"late_payment_interest_rate_percent": 17.4
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Illinois",
"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-2024-3573
Status: Executed
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mccall Group Holdings, and the Tenant, Goodman LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-10.
The subject of this lease concerns the Partial unit 26 in Building 8 at the property located at 63609 Travis Plains Suite 300
Lake Johnhaven, MT 24178. This Retail facility consists of approximately 21194 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-02, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $36,082.78. This figure is scheduled for an annual increase based on a 3.6% escalation rate. A security deposit of $36,082.78 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Goodman 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 Mccall Group Holdings. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-3573",
"parties": {
"lessor_details": {
"name": "Mccall Group Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Goodman LLC",
"entity_type": "LLC",
"address": "07080 Jasmine Neck\nPaultown, NV 40869"
}
},
"property_details": {
"address": "63609 Travis Plains Suite 300\nLake Johnhaven, MT 24178",
"property_type": "Retail",
"lease_area_description": "Partial unit 26 in Building 8",
"square_footage_sqft": 21194
},
"lease_terms": {
"effective_date": "2024-02-10",
"commencement_date": "2024-04-02",
"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": 90
},
{
"option_number": 2,
"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": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 36082.78,
"annual_escalation_rate_percent": 3.6,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.76%)",
"estimated_monthly_amount_usd": 5412.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.35%)",
"estimated_monthly_amount_usd": 3608.28
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 36082.78
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Mccall Group Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Mccall Group Holdings",
"Herrera-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-2024-2902
Status: Under Review
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Santos Ltd Inc., and the Tenant, Cobb, Diaz and Haynes. The team is preparing for the 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 floor 17A in Building 9 at the property located at PSC 2389, Box 4535
APO AE 37512. This Industrial facility consists of approximately 14870 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-25, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $47,893.79. This figure is scheduled for an annual increase based on a 1.9% escalation rate. A security deposit of $47,893.79 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-2024-2902",
"parties": {
"lessor_details": {
"name": "Santos Ltd Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Cobb, Diaz and Haynes",
"entity_type": "Corporation",
"address": "4775 Smith Meadows Apt. 991\nEast Matthew, WI 90986"
}
},
"property_details": {
"address": "PSC 2389, Box 4535\nAPO AE 37512",
"property_type": "Industrial",
"lease_area_description": "Entire floor 17A in Building 9",
"square_footage_sqft": 14870
},
"lease_terms": {
"effective_date": "2024-06-26",
"commencement_date": "2024-07-25",
"initial_term_months": 36,
"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": 47893.79,
"annual_escalation_rate_percent": 1.9,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.45%)",
"estimated_monthly_amount_usd": 7184.07
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.17%)",
"estimated_monthly_amount_usd": 4789.38
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 47893.79
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Florida",
"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-2024-6719
Status: Amended
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith PLC Inc., and the Tenant, Pacheco, Vaughn and Wilson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-12.
The subject of this lease concerns the Entire suite 31 in Building 5 at the property located at 0156 Deanna Fort Apt. 364
Lake Gregory, SC 10842. This Warehouse facility consists of approximately 23324 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $44,179.54. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $88,359.08 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Pacheco, Vaughn and Wilson 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 PLC Inc.. Late payments of rent will accrue interest at a rate of 5.8% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 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-2024-6719",
"parties": {
"lessor_details": {
"name": "Smith PLC Inc.",
"entity_type": "Corporation",
"address": "331 Joseph Path Suite 015\nFloresmouth, PA 41379"
},
"lessee_details": {
"name": "Pacheco, Vaughn and Wilson",
"entity_type": "Corporation",
"address": "49253 Linda River\nEricfurt, GA 25409"
}
},
"property_details": {
"address": "0156 Deanna Fort Apt. 364\nLake Gregory, SC 10842",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 31 in Building 5",
"square_footage_sqft": 23324
},
"lease_terms": {
"effective_date": "2024-02-12",
"commencement_date": "2024-04-03",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "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": "10 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": 44179.54,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.41%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.26%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 88359.08,
"late_payment_interest_rate_percent": 5.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Smith PLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Smith PLC Inc.",
"Jordan, Avila and Stewart 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-2023-7261
Status: Under Review
Governing Jurisdiction: Maryland
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson Group Properties, and the Tenant, Martin-Crawford. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-15.
The subject of this lease concerns the Partial suite 29 in Building 10 at the property located at 32476 Smith Wells Apt. 742
Patrickton, MT 04474. This Mixed-Use facility consists of approximately 14089 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-05, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $62,120.75. This figure is scheduled for an annual increase based on a 2.11% escalation rate. A security deposit of $124,241.50 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, Martin-Crawford is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Johnson Group Properties. Note the existence of a Co-tenancy Failure 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-2023-7261",
"parties": {
"lessor_details": {
"name": "Johnson Group Properties",
"entity_type": "LLC",
"address": "521 Patricia Road Suite 118\nKellerbury, TX 22191"
},
"lessee_details": {
"name": "Martin-Crawford",
"entity_type": "LLC",
"address": "PSC 8864, Box 3276\nAPO AP 93668"
}
},
"property_details": {
"address": "32476 Smith Wells Apt. 742\nPatrickton, MT 04474",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 29 in Building 10",
"square_footage_sqft": 14089
},
"lease_terms": {
"effective_date": "2023-08-15",
"commencement_date": "2023-09-05",
"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": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 62120.75,
"annual_escalation_rate_percent": 2.11,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.10%)",
"estimated_monthly_amount_usd": 9318.11
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.07%)",
"estimated_monthly_amount_usd": 6212.08
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 124241.5
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Maryland",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Johnson Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Johnson Group Properties",
"Bailey Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1584
Status: Executed
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mathis LLC Holdings, and the Tenant, Thompson, Parker 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 2024-03-14.
The subject of this lease concerns the Partial suite 7A in Building 3 at the property located at 523 Erica Highway Apt. 991
West Frankberg, KY 68782. This Warehouse facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-28, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $68,929.18. This figure is scheduled for an annual increase based on a 2.9% escalation rate. A security deposit of $68,929.18 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 requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 13.7% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-1584",
"parties": {
"lessor_details": {
"name": "Mathis LLC Holdings",
"entity_type": "Limited Partnership",
"address": "1781 Daniel Shores\nIanview, MT 04167"
},
"lessee_details": {
"name": "Thompson, Parker and Kennedy",
"entity_type": "LLC",
"address": "6377 Jacob Cliffs Apt. 835\nSouth Brianbury, IA 91569"
}
},
"property_details": {
"address": "523 Erica Highway Apt. 991\nWest Frankberg, KY 68782",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 7A in Building 3"
},
"lease_terms": {
"effective_date": "2024-03-14",
"commencement_date": "2024-05-28",
"initial_term_months": 36,
"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": true,
"termination_clauses": [
{
"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": 68929.18,
"annual_escalation_rate_percent": 2.9,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.02%)",
"estimated_monthly_amount_usd": 10339.38
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.60%)",
"estimated_monthly_amount_usd": 6892.92
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 68929.18,
"late_payment_interest_rate_percent": 13.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8617
Status: Executed
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Campbell Group Properties, and the Tenant, Walker Ltd. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-25.
The subject of this lease concerns the Partial suite 7 in Building 3 at the property located at 0134 Eric Bypass Suite 432
New Courtneybury, MS 54669. 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 2024-02-13, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $172,404.82. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $344,809.64 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Walker 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 Campbell Group Properties. Late payments of rent will accrue interest at a rate of 5.3% 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 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-2023-8617",
"parties": {
"lessor_details": {
"name": "Campbell Group Properties",
"entity_type": "Limited Partnership",
"address": "9471 Allen Highway\nSouth John, GU 13183"
},
"lessee_details": {
"name": "Walker Ltd",
"entity_type": "S-Corp",
"address": "5812 Adam Glen Suite 251\nWest Melissa, NC 95326"
}
},
"property_details": {
"address": "0134 Eric Bypass Suite 432\nNew Courtneybury, MS 54669",
"property_type": "Retail",
"lease_area_description": "Partial suite 7 in Building 3"
},
"lease_terms": {
"effective_date": "2023-11-25",
"commencement_date": "2024-02-13",
"initial_term_months": 36,
"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": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 172404.82,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.54%)",
"estimated_monthly_amount_usd": 25860.72
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.68%)",
"estimated_monthly_amount_usd": 17240.48
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 344809.64,
"late_payment_interest_rate_percent": 5.3
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Campbell Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Campbell Group Properties",
"Moreno 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-2024-9457
Status: Draft
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gill, Smith and Conrad LLC, and the Tenant, Harris 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 2024-03-17.
The subject of this lease concerns the Entire floor 22B in Building 6 at the property located at 492 Brown Hill
Krististad, NH 59924. This Warehouse facility consists of approximately 16687 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 $22,596.98. This figure is scheduled for an annual increase based on a 1.51% escalation rate. A security deposit of $45,193.96 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, Harris 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 Gill, Smith and Conrad LLC. Late payments of rent will accrue interest at a rate of 8.1% 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 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-2024-9457",
"parties": {
"lessor_details": {
"name": "Gill, Smith and Conrad LLC",
"entity_type": "LLC",
"address": "40247 Spencer Wells Apt. 644\nPort Juliefort, MI 28870"
},
"lessee_details": {
"name": "Harris Group",
"entity_type": "LLC"
}
},
"property_details": {
"address": "492 Brown Hill\nKrististad, NH 59924",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 22B in Building 6",
"square_footage_sqft": 16687
},
"lease_terms": {
"effective_date": "2024-03-17",
"commencement_date": "2024-05-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 22596.98,
"annual_escalation_rate_percent": 1.51,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.62%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.16%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 45193.96,
"late_payment_interest_rate_percent": 8.1
},
"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": 1000000,
"named_insureds_required": [
"Gill, Smith and Conrad LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Gill, Smith and Conrad LLC",
"Harmon-Friedman 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-2023-4825
Status: Under Review
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Acevedo, Boyer and Gates Properties, and the Tenant, Johnson, Flores and Cox. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-16.
The subject of this lease concerns the Partial floor 3B in Building 2 at the property located at 04624 Patricia Drive
Port Andrealand, NJ 36932. This Mixed-Use facility consists of approximately 47256 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-16, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $160,434.12. This figure is scheduled for an annual increase based on a 3.92% escalation rate. A security deposit of $160,434.12 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, Johnson, Flores and Cox 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 Acevedo, Boyer and Gates Properties. Late payments of rent will accrue interest at a rate of 15.3% 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 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-2023-4825",
"parties": {
"lessor_details": {
"name": "Acevedo, Boyer and Gates Properties",
"entity_type": "LLC",
"address": "25259 William Rue\nCooktown, AR 33360"
},
"lessee_details": {
"name": "Johnson, Flores and Cox",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "04624 Patricia Drive\nPort Andrealand, NJ 36932",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 3B in Building 2",
"square_footage_sqft": 47256
},
"lease_terms": {
"effective_date": "2023-09-16",
"commencement_date": "2023-09-16",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "10 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": 160434.12,
"annual_escalation_rate_percent": 3.92,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.00%)",
"estimated_monthly_amount_usd": 24065.12
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.89%)",
"estimated_monthly_amount_usd": 16043.41
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 160434.12,
"late_payment_interest_rate_percent": 15.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Acevedo, Boyer and Gates Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Acevedo, Boyer and Gates Properties",
"Williams 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-2023-2965
Status: Under Review
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Tanner, Davis and Mitchell LLC, and the Tenant, Ryan Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-15.
The subject of this lease concerns the Entire unit 23 in Building 2 at the property located at 53571 Christina Via Suite 739
North Jennifermouth, HI 77030. This Mixed-Use facility consists of approximately 48203 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-20, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $186,866.96. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $373,733.92 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Ryan 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 Tanner, Davis and Mitchell LLC. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-2965",
"parties": {
"lessor_details": {
"name": "Tanner, Davis and Mitchell LLC",
"entity_type": "LLC",
"address": "2112 Philip Ports Suite 438\nCoopermouth, NY 49355"
},
"lessee_details": {
"name": "Ryan Inc",
"entity_type": "Corporation",
"address": "5376 Gutierrez Via\nNorth Tara, AZ 34699"
}
},
"property_details": {
"address": "53571 Christina Via Suite 739\nNorth Jennifermouth, HI 77030",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 23 in Building 2",
"square_footage_sqft": 48203
},
"lease_terms": {
"effective_date": "2023-09-15",
"commencement_date": "2023-10-20",
"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": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "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": 186866.96,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.10%)",
"estimated_monthly_amount_usd": 28030.04
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.10%)",
"estimated_monthly_amount_usd": 18686.7
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 373733.92
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Tanner, Davis and Mitchell LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Tanner, Davis and Mitchell LLC",
"Waller 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-2023-7628
Status: Draft
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Leonard, Austin and Lara Properties, and the Tenant, Costa, Sanchez and Watkins. The team is preparing for the 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 Entire unit 49A in Building 2 at the property located at 34944 Rachel Brook Apt. 164
Wilsonside, VA 03510. This Industrial facility consists of approximately 19465 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 10 years. The Tenant's monthly obligation for base rent begins at $46,164.49. This figure is scheduled for an annual increase based on a 3.97% escalation rate. A security deposit of $46,164.49 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, Costa, Sanchez and Watkins 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 Leonard, Austin and Lara Properties. Late payments of rent will accrue interest at a rate of 16.1% 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 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-2023-7628",
"parties": {
"lessor_details": {
"name": "Leonard, Austin and Lara Properties",
"entity_type": "LLC",
"address": "183 Michael Ports\nTimothyhaven, MP 74898"
},
"lessee_details": {
"name": "Costa, Sanchez and Watkins",
"entity_type": "LLC",
"address": "7743 Paul Run Suite 091\nThompsonbury, SD 99410"
}
},
"property_details": {
"address": "34944 Rachel Brook Apt. 164\nWilsonside, VA 03510",
"property_type": "Industrial",
"lease_area_description": "Entire unit 49A in Building 2",
"square_footage_sqft": 19465
},
"lease_terms": {
"effective_date": "2023-11-21",
"commencement_date": "2024-01-29",
"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": 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": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 46164.49,
"annual_escalation_rate_percent": 3.97,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.78%)",
"estimated_monthly_amount_usd": 6924.67
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.72%)",
"estimated_monthly_amount_usd": 4616.45
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 46164.49,
"late_payment_interest_rate_percent": 16.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Leonard, Austin and Lara Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Leonard, Austin and Lara Properties",
"Faulkner-Hunter 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-2024-2055
Status: Executed
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Herrera, Hernandez and Daniels Inc., and the Tenant, Long, Miller and Dixon. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-18.
The subject of this lease concerns the Partial unit 32A in Building 2 at the property located at 3202 John Highway Apt. 205
Jacquelinefurt, CT 59268. This Retail facility consists of approximately 24830 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-02, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $98,968.24. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $197,936.48 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.
Late payments of rent will accrue interest at a rate of 5.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-2055",
"parties": {
"lessor_details": {
"name": "Herrera, Hernandez and Daniels Inc.",
"entity_type": "Corporation",
"address": "48162 Howard Square Apt. 771\nSouth Karen, KY 10177"
},
"lessee_details": {
"name": "Long, Miller and Dixon",
"entity_type": "Corporation",
"address": "50132 Michael Bridge Suite 701\nLake Brittanystad, NE 40334"
}
},
"property_details": {
"address": "3202 John Highway Apt. 205\nJacquelinefurt, CT 59268",
"property_type": "Retail",
"lease_area_description": "Partial unit 32A in Building 2",
"square_footage_sqft": 24830
},
"lease_terms": {
"effective_date": "2024-07-18",
"commencement_date": "2024-08-02",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "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": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 98968.24,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.63%)",
"estimated_monthly_amount_usd": 14845.24
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.11%)",
"estimated_monthly_amount_usd": 9896.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 197936.48,
"late_payment_interest_rate_percent": 5.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"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-2023-3509
Status: Draft
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Davis-Hernandez Inc., and the Tenant, Curry-Potts. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-11.
The subject of this lease concerns the Entire floor 5B in Building 7 at the property located at 910 Reed Forest
Monicabury, AL 07649. This Warehouse facility consists of approximately 13604 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-28, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $26,233.05. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $52,466.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to 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 15.4% 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-2023-3509",
"parties": {
"lessor_details": {
"name": "Davis-Hernandez Inc.",
"entity_type": "Limited Partnership",
"address": "0878 Kevin Rapid Suite 669\nPort David, KY 62830"
},
"lessee_details": {
"name": "Curry-Potts",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "910 Reed Forest\nMonicabury, AL 07649",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 5B in Building 7",
"square_footage_sqft": 13604
},
"lease_terms": {
"effective_date": "2023-12-11",
"commencement_date": "2024-02-28",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
},
{
"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": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "8 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": 26233.05,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.82%)",
"estimated_monthly_amount_usd": 3934.96
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.18%)",
"estimated_monthly_amount_usd": 2623.3
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 52466.1,
"late_payment_interest_rate_percent": 15.4
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5877
Status: Executed
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Henry, Baker and Murphy Holdings, and the Tenant, Moore-Lane. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-01.
The subject of this lease concerns the Entire unit 18 in Building 4 at the property located at 25791 Brenda Underpass Apt. 286
New Jenniferport, NC 97167. 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 2023-09-18, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $86,020.85. This figure is scheduled for an annual increase based on a 1.68% escalation rate. A security deposit of $172,041.70 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 6.8% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2023-5877",
"parties": {
"lessor_details": {
"name": "Henry, Baker and Murphy Holdings",
"entity_type": "Corporation",
"address": "50680 Hill Parks\nWest Keithburgh, NV 69641"
},
"lessee_details": {
"name": "Moore-Lane",
"entity_type": "LLC",
"address": "76797 Larry Brooks\nBriannahaven, NV 89336"
}
},
"property_details": {
"address": "25791 Brenda Underpass Apt. 286\nNew Jenniferport, NC 97167",
"property_type": "Office",
"lease_area_description": "Entire unit 18 in Building 4"
},
"lease_terms": {
"effective_date": "2023-09-01",
"commencement_date": "2023-09-18",
"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": 60,
"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": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 86020.85,
"annual_escalation_rate_percent": 1.68,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.44%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.06%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 172041.7,
"late_payment_interest_rate_percent": 6.8
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Missouri",
"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-2023-4468
Status: Draft
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cook-Valdez LLC, and the Tenant, Fisher-Hardin. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-23.
The subject of this lease concerns the Entire floor 38B in Building 6 at the property located at 82426 Bonilla Island Suite 207
Port Adrianborough, AK 34014. 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 2023-12-31, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $185,089.25. This figure is scheduled for an annual increase based on a 2.96% escalation rate. A security deposit of $370,178.50 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, Fisher-Hardin is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Cook-Valdez LLC. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-4468",
"parties": {
"lessor_details": {
"name": "Cook-Valdez LLC",
"entity_type": "Corporation",
"address": "USNV Ibarra\nFPO AP 09440"
},
"lessee_details": {
"name": "Fisher-Hardin",
"entity_type": "S-Corp",
"address": "PSC 2533, Box 4137\nAPO AA 13801"
}
},
"property_details": {
"address": "82426 Bonilla Island Suite 207\nPort Adrianborough, AK 34014",
"property_type": "Retail",
"lease_area_description": "Entire floor 38B in Building 6"
},
"lease_terms": {
"effective_date": "2023-10-23",
"commencement_date": "2023-12-31",
"initial_term_months": 60,
"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": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 185089.25,
"annual_escalation_rate_percent": 2.96,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.30%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.85%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 370178.5
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Alabama",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Cook-Valdez LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Cook-Valdez LLC",
"Bell-Roman 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-2024-4151
Status: Executed
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Patterson and Sons Properties, and the Tenant, Barnes, Mcclain and Pineda. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-24.
The subject of this lease concerns the Partial floor 18 in Building 8 at the property located at 2985 Julie Mountains
Lake Janeport, MN 12446. This Warehouse facility consists of approximately 41231 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-08, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $119,501.18. This figure is scheduled for an annual increase based on a 3.95% escalation rate. A security deposit of $239,002.36 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 16.5% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4151",
"parties": {
"lessor_details": {
"name": "Patterson and Sons Properties",
"entity_type": "Corporation",
"address": "2340 Brown Estate Suite 358\nNicholsport, GU 18724"
},
"lessee_details": {
"name": "Barnes, Mcclain and Pineda",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "2985 Julie Mountains\nLake Janeport, MN 12446",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 18 in Building 8",
"square_footage_sqft": 41231
},
"lease_terms": {
"effective_date": "2024-07-24",
"commencement_date": "2024-10-08",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 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": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 119501.18,
"annual_escalation_rate_percent": 3.95,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.62%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.97%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 239002.36,
"late_payment_interest_rate_percent": 16.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"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-2023-3942
Status: Executed
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Medina Inc Ventures, and the Tenant, Matthews, Henderson and Baker. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-04.
The subject of this lease concerns the Entire unit 7A in Building 5 at the property located at 121 Kimberly Pass
Port Lori, ID 12977. This Retail facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-09-05, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $111,301.82. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $222,603.64 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, Matthews, Henderson and Baker 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 Medina Inc Ventures. Late payments of rent will accrue interest at a rate of 6.6% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-3942",
"parties": {
"lessor_details": {
"name": "Medina Inc Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Matthews, Henderson and Baker",
"entity_type": "Corporation",
"address": "9452 Juarez Grove Apt. 680\nPort Erin, NH 95070"
}
},
"property_details": {
"address": "121 Kimberly Pass\nPort Lori, ID 12977",
"property_type": "Retail",
"lease_area_description": "Entire unit 7A in Building 5"
},
"lease_terms": {
"effective_date": "2023-09-04",
"commencement_date": "2023-09-05",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 111301.82,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.15%)",
"estimated_monthly_amount_usd": 16695.27
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.94%)",
"estimated_monthly_amount_usd": 11130.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 222603.64,
"late_payment_interest_rate_percent": 6.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Medina Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Medina Inc Ventures",
"Jones-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-2024-1952
Status: Under Review
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith and Sons Properties, and the Tenant, Bowman-Steele. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-23.
The subject of this lease concerns the Entire suite 15 in Building 5 at the property located at 69439 Peggy Ramp
Port Karenstad, IN 55406. 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 2024-06-04, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $25,753.36. This figure is scheduled for an annual increase based on a 2.6% escalation rate. A security deposit of $51,506.72 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, Bowman-Steele 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 and Sons Properties. Late payments of rent will accrue interest at a rate of 17.9% 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 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-2024-1952",
"parties": {
"lessor_details": {
"name": "Smith and Sons Properties",
"entity_type": "Corporation",
"address": "PSC 1941, Box 1166\nAPO AA 27555"
},
"lessee_details": {
"name": "Bowman-Steele",
"entity_type": "LLC",
"address": "228 Adams Centers Suite 246\nLozanoside, KS 35765"
}
},
"property_details": {
"address": "69439 Peggy Ramp\nPort Karenstad, IN 55406",
"property_type": "Office",
"lease_area_description": "Entire suite 15 in Building 5"
},
"lease_terms": {
"effective_date": "2024-04-23",
"commencement_date": "2024-06-04",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"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": 25753.36,
"annual_escalation_rate_percent": 2.6,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.81%)",
"estimated_monthly_amount_usd": 3863.0
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.02%)",
"estimated_monthly_amount_usd": 2575.34
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 51506.72,
"late_payment_interest_rate_percent": 17.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "California",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Smith and Sons Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Smith and Sons Properties",
"Long 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-2023-1399
Status: Draft
Governing Jurisdiction: Hawaii
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Arroyo-Watts Inc., and the Tenant, Lewis, Hawkins and Jones. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-22.
The subject of this lease concerns the Entire floor 36B in Building 1 at the property located at 9929 Blackwell Prairie Suite 822
Marieside, MS 05805. 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 2023-12-14, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $5,481.23. This figure is scheduled for an annual increase based on a 3.66% escalation rate. A security deposit of $10,962.46 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to 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, Lewis, Hawkins and 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 Arroyo-Watts Inc.. 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-2023-1399",
"parties": {
"lessor_details": {
"name": "Arroyo-Watts Inc.",
"entity_type": "LLC",
"address": "332 Gonzalez Plaza Apt. 563\nKennethview, VA 75769"
},
"lessee_details": {
"name": "Lewis, Hawkins and Jones",
"entity_type": "LLC",
"address": "3749 Thomas Junctions\nNorth Christinaton, IN 67756"
}
},
"property_details": {
"address": "9929 Blackwell Prairie Suite 822\nMarieside, MS 05805",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 36B in Building 1"
},
"lease_terms": {
"effective_date": "2023-11-22",
"commencement_date": "2023-12-14",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 5481.23,
"annual_escalation_rate_percent": 3.66,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.62%)",
"estimated_monthly_amount_usd": 822.18
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.80%)",
"estimated_monthly_amount_usd": 548.12
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 10962.46,
"late_payment_interest_rate_percent": 16.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Hawaii",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Arroyo-Watts Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Arroyo-Watts Inc.",
"Russell-Adams Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7486
Status: Amended
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson, Freeman and Owen LLC, and the Tenant, Bennett-Wright. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-05.
The subject of this lease concerns the Partial unit 44B in Building 4 at the property located at 361 Williams Port
South Jason, KS 99521. This Retail facility consists of approximately 37262 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-30, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $177,988.15. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $355,976.30 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Bennett-Wright is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Johnson, Freeman and Owen LLC. Late payments of rent will accrue interest at a rate of 6.4% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7486",
"parties": {
"lessor_details": {
"name": "Johnson, Freeman and Owen LLC",
"entity_type": "Limited Partnership",
"address": "797 Thomas Field\nEvansport, PW 75837"
},
"lessee_details": {
"name": "Bennett-Wright",
"entity_type": "S-Corp",
"address": "291 Anthony Neck\nEast Ruthfort, MO 28000"
}
},
"property_details": {
"address": "361 Williams Port\nSouth Jason, KS 99521",
"property_type": "Retail",
"lease_area_description": "Partial unit 44B in Building 4",
"square_footage_sqft": 37262
},
"lease_terms": {
"effective_date": "2024-03-05",
"commencement_date": "2024-04-30",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 60,
"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": 177988.15,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.40%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.67%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 355976.3,
"late_payment_interest_rate_percent": 6.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Alaska",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Johnson, Freeman and Owen LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Johnson, Freeman and Owen LLC",
"Forbes, Summers and Porter 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-2024-9651
Status: Amended
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Daniel-Martin Holdings, and the Tenant, Bernard Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-03.
The subject of this lease concerns the Partial unit 10B in Building 6 at the property located at 435 Karen Fords Apt. 622
Marychester, SC 19310. This Warehouse facility consists of approximately 25280 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-10, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $119,321.60. This figure is scheduled for an annual increase based on a 1.94% escalation rate. A security deposit of $119,321.60 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, Bernard 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 Daniel-Martin Holdings. Late payments of rent will accrue interest at a rate of 16.7% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-9651",
"parties": {
"lessor_details": {
"name": "Daniel-Martin Holdings",
"entity_type": "Corporation",
"address": "USCGC Hawkins\nFPO AP 66829"
},
"lessee_details": {
"name": "Bernard Group",
"entity_type": "LLC",
"address": "673 Fritz Manors Apt. 863\nWest Teresa, MD 28877"
}
},
"property_details": {
"address": "435 Karen Fords Apt. 622\nMarychester, SC 19310",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 10B in Building 6",
"square_footage_sqft": 25280
},
"lease_terms": {
"effective_date": "2024-07-03",
"commencement_date": "2024-08-10",
"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,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 119321.6,
"annual_escalation_rate_percent": 1.94,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.85%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.68%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 119321.6,
"late_payment_interest_rate_percent": 16.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Daniel-Martin Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Daniel-Martin Holdings",
"Ryan-Cole 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-2023-5506
Status: Executed
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mccoy, Carter and Fischer Holdings, and the Tenant, May 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 2023-08-17.
The subject of this lease concerns the Partial suite 5A in Building 2 at the property located at 05437 Sarah Expressway
East Amber, WV 73058. This Industrial facility consists of approximately 6055 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-23, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $14,254.48. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $14,254.48 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to 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, May 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 Mccoy, Carter and Fischer 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-2023-5506",
"parties": {
"lessor_details": {
"name": "Mccoy, Carter and Fischer Holdings",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "May Group",
"entity_type": "Corporation",
"address": "PSC 8736, Box 8116\nAPO AE 23174"
}
},
"property_details": {
"address": "05437 Sarah Expressway\nEast Amber, WV 73058",
"property_type": "Industrial",
"lease_area_description": "Partial suite 5A in Building 2",
"square_footage_sqft": 6055
},
"lease_terms": {
"effective_date": "2023-08-17",
"commencement_date": "2023-10-23",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 14254.48,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.78%)",
"estimated_monthly_amount_usd": 2138.17
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.81%)",
"estimated_monthly_amount_usd": 1425.45
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 14254.48
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Mccoy, Carter and Fischer Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Mccoy, Carter and Fischer Holdings",
"Lynch, Davis 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-2023-8032
Status: Under Review
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Garcia, Huerta and Smith Holdings, and the Tenant, Wolfe-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 2023-09-29.
The subject of this lease concerns the Entire floor 14 in Building 2 at the property located at 496 Maria Harbors
Dennisshire, AZ 05224. This Warehouse facility consists of approximately 2672 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $6,101.07. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $6,101.07 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.
Per section 10.1, Wolfe-Ramirez 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 Garcia, Huerta and Smith Holdings. Late payments of rent will accrue interest at a rate of 13.8% 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-2023-8032",
"parties": {
"lessor_details": {
"name": "Garcia, Huerta and Smith Holdings",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Wolfe-Ramirez",
"entity_type": "Corporation",
"address": "4178 Justin Greens Suite 661\nHayesmouth, WA 06828"
}
},
"property_details": {
"address": "496 Maria Harbors\nDennisshire, AZ 05224",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 14 in Building 2",
"square_footage_sqft": 2672
},
"lease_terms": {
"effective_date": "2023-09-29",
"commencement_date": "2023-12-26",
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 6101.07,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.16%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.60%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 6101.07,
"late_payment_interest_rate_percent": 13.8
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Michigan",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Garcia, Huerta and Smith Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Garcia, Huerta and Smith Holdings",
"Morrow 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-2023-8400
Status: Under Review
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Garcia, Ward and Richardson Inc., and the Tenant, Warner-Lopez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-07.
The subject of this lease concerns the Partial suite 27A in Building 4 at the property located at 3473 Vasquez Gateway
Lake Jonathan, PW 75010. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-25, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $58,402.72. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $58,402.72 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Warner-Lopez is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Garcia, Ward and Richardson Inc.. Late payments of rent will accrue interest at a rate of 9.4% 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-2023-8400",
"parties": {
"lessor_details": {
"name": "Garcia, Ward and Richardson Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Warner-Lopez",
"entity_type": "Corporation",
"address": "375 Richard Overpass Apt. 722\nJohnsonchester, KY 42448"
}
},
"property_details": {
"address": "3473 Vasquez Gateway\nLake Jonathan, PW 75010",
"property_type": "Industrial",
"lease_area_description": "Partial suite 27A in Building 4"
},
"lease_terms": {
"effective_date": "2023-09-07",
"commencement_date": "2023-10-25",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 58402.72,
"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": 8760.41
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.39%)",
"estimated_monthly_amount_usd": 5840.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 58402.72,
"late_payment_interest_rate_percent": 9.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Garcia, Ward and Richardson Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Garcia, Ward and Richardson Inc.",
"Benitez, Parsons and Stewart 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-2024-4201
Status: Amended
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Martinez, Miranda and Green LLC, and the Tenant, Taylor, Gonzalez and Weaver. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-05.
The subject of this lease concerns the Partial suite 14B in Building 4 at the property located at 97627 Moss Alley Apt. 704
Port Amanda, DE 48944. This Industrial facility consists of approximately 28392 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-17, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $113,568.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $227,136.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Taylor, Gonzalez and Weaver 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 Martinez, Miranda and Green LLC. Late payments of rent will accrue interest at a rate of 17.4% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 8 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4201",
"parties": {
"lessor_details": {
"name": "Martinez, Miranda and Green LLC",
"entity_type": "Corporation",
"address": "999 Melanie Parkway Apt. 229\nMichaelstad, OH 58552"
},
"lessee_details": {
"name": "Taylor, Gonzalez and Weaver",
"entity_type": "Corporation",
"address": "38614 John Lake Suite 283\nBurtonfort, TX 84989"
}
},
"property_details": {
"address": "97627 Moss Alley Apt. 704\nPort Amanda, DE 48944",
"property_type": "Industrial",
"lease_area_description": "Partial suite 14B in Building 4",
"square_footage_sqft": 28392
},
"lease_terms": {
"effective_date": "2024-05-05",
"commencement_date": "2024-07-17",
"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": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"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": 113568.0,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.95%)",
"estimated_monthly_amount_usd": 17035.2
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.33%)",
"estimated_monthly_amount_usd": 11356.8
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 227136.0,
"late_payment_interest_rate_percent": 17.4
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Michigan",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Martinez, Miranda and Green LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Martinez, Miranda and Green LLC",
"Barajas-Mosley 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-2023-8455
Status: Executed
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harper, Jackson and Powers Holdings, and the Tenant, Macias, Cox and Lester. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-15.
The subject of this lease concerns the Entire suite 47A in Building 3 at the property located at 45664 Brett Estates Apt. 046
Andersonhaven, OH 06406. This Retail facility consists of approximately 49786 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-06, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $166,036.31. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $332,072.62 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Macias, Cox and Lester 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 Harper, Jackson and Powers Holdings. Late payments of rent will accrue interest at a rate of 8.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-8455",
"parties": {
"lessor_details": {
"name": "Harper, Jackson and Powers Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Macias, Cox and Lester",
"entity_type": "LLC"
}
},
"property_details": {
"address": "45664 Brett Estates Apt. 046\nAndersonhaven, OH 06406",
"property_type": "Retail",
"lease_area_description": "Entire suite 47A in Building 3",
"square_footage_sqft": 49786
},
"lease_terms": {
"effective_date": "2023-09-15",
"commencement_date": "2023-11-06",
"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": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 166036.31,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.06%)",
"estimated_monthly_amount_usd": 24905.45
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.31%)",
"estimated_monthly_amount_usd": 16603.63
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 332072.62,
"late_payment_interest_rate_percent": 8.3
},
"permitted_use": "Professional services 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": [
"Harper, Jackson and Powers Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Harper, Jackson and Powers Holdings",
"Smith 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-2023-6343
Status: Executed
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Young-Edwards Properties, and the Tenant, Evans 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 2023-11-28.
The subject of this lease concerns the Partial unit 21A in Building 7 at the property located at USNV Anderson
FPO AP 04501. 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 2024-01-14, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $15,309.50. This figure is scheduled for an annual increase based on a 3.84% escalation rate. A security deposit of $30,619.00 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 requires Landlord's explicit consent.
Per section 10.1, Evans 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 Young-Edwards Properties. Late payments of rent will accrue interest at a rate of 15.4% 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 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-2023-6343",
"parties": {
"lessor_details": {
"name": "Young-Edwards Properties",
"entity_type": "Corporation",
"address": "Unit 4546 Box 0342\nDPO AP 06960"
},
"lessee_details": {
"name": "Evans LLC",
"entity_type": "LLC",
"address": "043 Randolph Mill\nWillieville, DC 41903"
}
},
"property_details": {
"address": "USNV Anderson\nFPO AP 04501",
"property_type": "Retail",
"lease_area_description": "Partial unit 21A in Building 7"
},
"lease_terms": {
"effective_date": "2023-11-28",
"commencement_date": "2024-01-14",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 15309.5,
"annual_escalation_rate_percent": 3.84,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.25%)",
"estimated_monthly_amount_usd": 2296.42
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.11%)",
"estimated_monthly_amount_usd": 1530.95
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 30619.0,
"late_payment_interest_rate_percent": 15.4
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Young-Edwards Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Young-Edwards Properties",
"Aguilar, Montgomery and Bryan Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7559
Status: Under Review
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bridges Ltd Inc., and the Tenant, Wright-Newton. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-14.
The subject of this lease concerns the Partial floor 42A in Building 1 at the property located at 4399 Stephanie Neck Apt. 492
East Michaelburgh, OR 31182. This Office facility consists of approximately 13132 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-11, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $62,409.83. This figure is scheduled for an annual increase based on a 1.54% escalation rate. A security deposit of $124,819.66 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to 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, Wright-Newton 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 Bridges Ltd Inc.. Late payments of rent will accrue interest at a rate of 16.8% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-7559",
"parties": {
"lessor_details": {
"name": "Bridges Ltd Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Wright-Newton",
"entity_type": "LLC"
}
},
"property_details": {
"address": "4399 Stephanie Neck Apt. 492\nEast Michaelburgh, OR 31182",
"property_type": "Office",
"lease_area_description": "Partial floor 42A in Building 1",
"square_footage_sqft": 13132
},
"lease_terms": {
"effective_date": "2024-01-14",
"commencement_date": "2024-03-11",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 62409.83,
"annual_escalation_rate_percent": 1.54,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.10%)",
"estimated_monthly_amount_usd": 9361.47
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.85%)",
"estimated_monthly_amount_usd": 6240.98
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 124819.66,
"late_payment_interest_rate_percent": 16.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Iowa",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Bridges Ltd Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Bridges Ltd Inc.",
"Brown Group Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4465
Status: Amended
Governing Jurisdiction: Indiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Young-Mcintyre Ventures, and the Tenant, Clark-Floyd. The team is preparing for the 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 Entire floor 7B in Building 9 at the property located at 3340 Timothy Skyway Suite 647
Robertsonhaven, TN 84765. This Industrial facility consists of approximately 29894 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-13, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $138,508.87. This figure is scheduled for an annual increase based on a 3.64% escalation rate. A security deposit of $138,508.87 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Clark-Floyd 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 Young-Mcintyre Ventures. Late payments of rent will accrue interest at a rate of 7.0% 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 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-2024-4465",
"parties": {
"lessor_details": {
"name": "Young-Mcintyre Ventures",
"entity_type": "Corporation",
"address": "60794 Rhonda Prairie Apt. 150\nLake Karen, OR 36582"
},
"lessee_details": {
"name": "Clark-Floyd",
"entity_type": "Corporation",
"address": "540 Valentine Station Apt. 269\nEast Mollyville, MA 52730"
}
},
"property_details": {
"address": "3340 Timothy Skyway Suite 647\nRobertsonhaven, TN 84765",
"property_type": "Industrial",
"lease_area_description": "Entire floor 7B in Building 9",
"square_footage_sqft": 29894
},
"lease_terms": {
"effective_date": "2024-04-28",
"commencement_date": "2024-07-13",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 138508.87,
"annual_escalation_rate_percent": 3.64,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.73%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.91%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 138508.87,
"late_payment_interest_rate_percent": 7.0
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Indiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Young-Mcintyre Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Young-Mcintyre Ventures",
"Downs-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-2024-4069
Status: Under Review
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gates-Lowe Inc., and the Tenant, Williams 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 2024-06-27.
The subject of this lease concerns the Partial unit 44B in Building 5 at the property located at 97223 Hansen Cliff Suite 189
New Edwardshire, NV 38732. This Industrial facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-04, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $121,666.12. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $121,666.12 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.
Late payments of rent will accrue interest at a rate of 15.3% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4069",
"parties": {
"lessor_details": {
"name": "Gates-Lowe Inc.",
"entity_type": "Corporation",
"address": "9517 Little Junction\nMaryside, ID 18347"
},
"lessee_details": {
"name": "Williams Inc",
"entity_type": "LLC",
"address": "115 Wilson Turnpike\nGibsonhaven, MN 06001"
}
},
"property_details": {
"address": "97223 Hansen Cliff Suite 189\nNew Edwardshire, NV 38732",
"property_type": "Industrial",
"lease_area_description": "Partial unit 44B in Building 5"
},
"lease_terms": {
"effective_date": "2024-06-27",
"commencement_date": "2024-07-04",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"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": "3 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": 121666.12,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.23%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.05%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 121666.12,
"late_payment_interest_rate_percent": 15.3
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Under Review"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6815
Status: Under Review
Governing Jurisdiction: Alabama
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lopez-Ochoa Holdings, and the Tenant, Rivers, Winters and Jackson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-06.
The subject of this lease concerns the Partial unit 46 in Building 7 at the property located at 5375 Lawson Gateway Suite 783
Mcdanielton, NM 48766. This Industrial facility consists of approximately 23469 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-28, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $57,557.72. This figure is scheduled for an annual increase based on a 2.98% escalation rate. A security deposit of $115,115.44 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.
Late payments of rent will accrue interest at a rate of 10.5% 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-2024-6815",
"parties": {
"lessor_details": {
"name": "Lopez-Ochoa Holdings",
"entity_type": "Limited Partnership",
"address": "33463 Timothy Plaza\nJosephland, AZ 16898"
},
"lessee_details": {
"name": "Rivers, Winters and Jackson",
"entity_type": "LLC",
"address": "24063 Williams Islands Suite 270\nYoungton, WA 03807"
}
},
"property_details": {
"address": "5375 Lawson Gateway Suite 783\nMcdanielton, NM 48766",
"property_type": "Industrial",
"lease_area_description": "Partial unit 46 in Building 7",
"square_footage_sqft": 23469
},
"lease_terms": {
"effective_date": "2024-01-06",
"commencement_date": "2024-01-28",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 57557.72,
"annual_escalation_rate_percent": 2.98,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.15%)",
"estimated_monthly_amount_usd": 8633.66
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.95%)",
"estimated_monthly_amount_usd": 5755.77
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 115115.44,
"late_payment_interest_rate_percent": 10.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Alabama",
"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-2024-4045
Status: Under Review
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Francis-Singh Inc., and the Tenant, Grant, Holloway and Bowen. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-31.
The subject of this lease concerns the Partial unit 45A in Building 3 at the property located at 7460 Roman Mountains
West Paul, IN 81563. 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 2024-02-05, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $92,071.96. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $184,143.92 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Grant, Holloway and Bowen 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 Francis-Singh Inc.. 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 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-2024-4045",
"parties": {
"lessor_details": {
"name": "Francis-Singh Inc.",
"entity_type": "Limited Partnership",
"address": "07604 Anthony Plain\nVelasquezchester, AK 07233"
},
"lessee_details": {
"name": "Grant, Holloway and Bowen",
"entity_type": "S-Corp",
"address": "USNV Jones\nFPO AA 73459"
}
},
"property_details": {
"address": "7460 Roman Mountains\nWest Paul, IN 81563",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 45A in Building 3"
},
"lease_terms": {
"effective_date": "2024-01-31",
"commencement_date": "2024-02-05",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 92071.96,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.42%)",
"estimated_monthly_amount_usd": 13810.79
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.02%)",
"estimated_monthly_amount_usd": 9207.2
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 184143.92,
"late_payment_interest_rate_percent": 7.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Francis-Singh Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Francis-Singh Inc.",
"Reynolds 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-2023-8688
Status: Amended
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Roth-Simpson LLC, and the Tenant, Smith, Wallace and Christensen. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-30.
The subject of this lease concerns the Entire unit 10 in Building 3 at the property located at 24224 Barber Fort
South Jon, MT 42928. This Mixed-Use facility consists of approximately 16229 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-25, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $59,249.37. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $118,498.74 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Smith, Wallace and Christensen 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 Roth-Simpson LLC. Late payments of rent will accrue interest at a rate of 10.2% 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 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-2023-8688",
"parties": {
"lessor_details": {
"name": "Roth-Simpson LLC",
"entity_type": "LLC",
"address": "9163 Duran Parkway Suite 265\nGreenville, RI 29602"
},
"lessee_details": {
"name": "Smith, Wallace and Christensen",
"entity_type": "LLC"
}
},
"property_details": {
"address": "24224 Barber Fort\nSouth Jon, MT 42928",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 10 in Building 3",
"square_footage_sqft": 16229
},
"lease_terms": {
"effective_date": "2023-08-30",
"commencement_date": "2023-11-25",
"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": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 59249.37,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.95%)",
"estimated_monthly_amount_usd": 8887.41
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.72%)",
"estimated_monthly_amount_usd": 5924.94
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 118498.74,
"late_payment_interest_rate_percent": 10.2
},
"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": [
"Roth-Simpson LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Roth-Simpson LLC",
"Bowen and Sons Mortgage Corp."
]
}
]
}
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.