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<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9609
Status: Amended
Governing Jurisdiction: Nevada
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hunter LLC LLC, and the Tenant, Thompson-Ashley. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-18.
The subject of this lease concerns the Entire suite 44A in Building 4 at the property located at 825 Estes Gardens
Haleymouth, MD 81395. 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 2024-07-27, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $10,986.28. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $10,986.28 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.
Per section 10.1, Thompson-Ashley 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 Hunter LLC LLC. Late payments of rent will accrue interest at a rate of 5.5% 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-2024-9609",
"parties": {
"lessor_details": {
"name": "Hunter LLC LLC",
"entity_type": "LLC",
"address": "PSC 7601, Box 8433\nAPO AA 89434"
},
"lessee_details": {
"name": "Thompson-Ashley",
"entity_type": "LLC",
"address": "695 Sandra Vista\nDunnshire, NE 52841"
}
},
"property_details": {
"address": "825 Estes Gardens\nHaleymouth, MD 81395",
"property_type": "Retail",
"lease_area_description": "Entire suite 44A in Building 4"
},
"lease_terms": {
"effective_date": "2024-05-18",
"commencement_date": "2024-07-27",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "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."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 10986.28,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.92%)",
"estimated_monthly_amount_usd": 1647.94
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.04%)",
"estimated_monthly_amount_usd": 1098.63
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 10986.28,
"late_payment_interest_rate_percent": 5.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Nevada",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Hunter LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Hunter LLC LLC",
"Castillo, Mcintosh and Bryant 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-2023-8973
Status: Amended
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Davis, Williams and Nunez Inc., and the Tenant, Wilson and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-31.
The subject of this lease concerns the Entire unit 34 in Building 7 at the property located at 894 Bowman Wall Suite 829
Smithfort, FL 52213. This Industrial facility consists of approximately 42196 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-26, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $113,085.28. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $226,170.56 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Wilson 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 Davis, Williams and Nunez Inc.. 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-2023-8973",
"parties": {
"lessor_details": {
"name": "Davis, Williams and Nunez Inc.",
"entity_type": "Corporation",
"address": "43112 Summers Ridges Suite 614\nNorth Shelia, WI 30886"
},
"lessee_details": {
"name": "Wilson and Sons",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "894 Bowman Wall Suite 829\nSmithfort, FL 52213",
"property_type": "Industrial",
"lease_area_description": "Entire unit 34 in Building 7",
"square_footage_sqft": 42196
},
"lease_terms": {
"effective_date": "2023-12-31",
"commencement_date": "2024-03-26",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 113085.28,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.26%)",
"estimated_monthly_amount_usd": 16962.79
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.81%)",
"estimated_monthly_amount_usd": 11308.53
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 226170.56
},
"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": 2000000,
"named_insureds_required": [
"Davis, Williams and Nunez Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Davis, Williams and Nunez Inc.",
"Bennett, Mclaughlin and 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-2023-6556
Status: Draft
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Cole-Osborne Inc., and the Tenant, Dixon, Aguilar and Campbell. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-08-22.
The subject of this lease concerns the Partial floor 9B in Building 5 at the property located at 889 Sheila Manor
Lake Christophertown, CO 71964. This Mixed-Use facility consists of approximately 32676 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-24, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $132,092.73. This figure is scheduled for an annual increase based on a 1.78% escalation rate. A security deposit of $264,185.46 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.
Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-6556",
"parties": {
"lessor_details": {
"name": "Cole-Osborne Inc.",
"entity_type": "Limited Partnership",
"address": "51726 Wood Burgs Apt. 795\nWest Christopher, NH 91305"
},
"lessee_details": {
"name": "Dixon, Aguilar and Campbell",
"entity_type": "S-Corp",
"address": "866 Cynthia Corners Suite 537\nKathleenchester, OH 56991"
}
},
"property_details": {
"address": "889 Sheila Manor\nLake Christophertown, CO 71964",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 9B in Building 5",
"square_footage_sqft": 32676
},
"lease_terms": {
"effective_date": "2023-08-22",
"commencement_date": "2023-10-24",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "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": 132092.73,
"annual_escalation_rate_percent": 1.78,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.05%)",
"estimated_monthly_amount_usd": 19813.91
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.32%)",
"estimated_monthly_amount_usd": 13209.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 264185.46,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Draft"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-4393
Status: Amended
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Morales, Larsen and Davies Inc., and the Tenant, Hernandez-Perry. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-04.
The subject of this lease concerns the Partial suite 11 in Building 5 at the property located at 65320 Lisa Garden
Port Heather, MO 81275. This Retail facility consists of approximately 40305 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $117,992.89. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $117,992.89 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, Hernandez-Perry is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Morales, Larsen and Davies Inc.. Late payments of rent will accrue interest at a rate of 8.7% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2023-4393",
"parties": {
"lessor_details": {
"name": "Morales, Larsen and Davies Inc.",
"entity_type": "Corporation",
"address": "7136 Rebecca Loop\nLake Marissamouth, MS 88556"
},
"lessee_details": {
"name": "Hernandez-Perry",
"entity_type": "LLC",
"address": "83462 Edward Prairie\nSotoland, KY 37330"
}
},
"property_details": {
"address": "65320 Lisa Garden\nPort Heather, MO 81275",
"property_type": "Retail",
"lease_area_description": "Partial suite 11 in Building 5",
"square_footage_sqft": 40305
},
"lease_terms": {
"effective_date": "2023-11-04",
"commencement_date": "2023-12-03",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 117992.89,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.66%)",
"estimated_monthly_amount_usd": 17698.93
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.56%)",
"estimated_monthly_amount_usd": 11799.29
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 117992.89,
"late_payment_interest_rate_percent": 8.7
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Morales, Larsen and Davies Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Morales, Larsen and Davies Inc.",
"Strong, Norris and Francis 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-2024-1334
Status: Amended
Governing Jurisdiction: Tennessee
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones-Lee Ventures, and the Tenant, Vega, Nichols and White. The team is preparing for the 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 floor 5A in Building 6 at the property located at 8244 Foster Station Suite 891
North Samantha, VI 27911. This Office facility consists of approximately 20103 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-02, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $74,682.65. This figure is scheduled for an annual increase based on a 2.73% escalation rate. A security deposit of $149,365.30 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Vega, Nichols and White is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Jones-Lee Ventures. Late payments of rent will accrue interest at a rate of 11.5% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-1334",
"parties": {
"lessor_details": {
"name": "Jones-Lee Ventures",
"entity_type": "LLC",
"address": "543 Adam Road Suite 482\nWest Stephanieberg, IL 89392"
},
"lessee_details": {
"name": "Vega, Nichols and White",
"entity_type": "S-Corp",
"address": "23947 Michael Forges\nPort Traviston, AR 87975"
}
},
"property_details": {
"address": "8244 Foster Station Suite 891\nNorth Samantha, VI 27911",
"property_type": "Office",
"lease_area_description": "Entire floor 5A in Building 6",
"square_footage_sqft": 20103
},
"lease_terms": {
"effective_date": "2024-04-13",
"commencement_date": "2024-07-02",
"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": "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": 74682.65,
"annual_escalation_rate_percent": 2.73,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.72%)",
"estimated_monthly_amount_usd": 11202.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.26%)",
"estimated_monthly_amount_usd": 7468.26
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 149365.3,
"late_payment_interest_rate_percent": 11.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Tennessee",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Jones-Lee Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jones-Lee Ventures",
"Waters, Peck and Smith Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3487
Status: Executed
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Elliott-Olson Ventures, and the Tenant, Delacruz-Pratt. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-08.
The subject of this lease concerns the Partial suite 4 in Building 9 at the property located at 7069 Hardy Roads Apt. 520
Meganchester, RI 44818. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-26, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $64,524.00. This figure is scheduled for an annual increase based on a 3.78% escalation rate. A security deposit of $129,048.00 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, Delacruz-Pratt 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 Elliott-Olson Ventures. Late payments of rent will accrue interest at a rate of 10.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3487",
"parties": {
"lessor_details": {
"name": "Elliott-Olson Ventures",
"entity_type": "LLC",
"address": "70949 Lacey Cape Apt. 466\nNorth Jennifer, NY 90561"
},
"lessee_details": {
"name": "Delacruz-Pratt",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "7069 Hardy Roads Apt. 520\nMeganchester, RI 44818",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 4 in Building 9"
},
"lease_terms": {
"effective_date": "2024-02-08",
"commencement_date": "2024-03-26",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 64524.0,
"annual_escalation_rate_percent": 3.78,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.53%)",
"estimated_monthly_amount_usd": 9678.6
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.38%)",
"estimated_monthly_amount_usd": 6452.4
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 129048.0,
"late_payment_interest_rate_percent": 10.7
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Elliott-Olson Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Elliott-Olson Ventures",
"Christensen 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-2023-5272
Status: Draft
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor-Strong Ventures, and the Tenant, Perry-Hatfield. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-04.
The subject of this lease concerns the Partial unit 23A in Building 5 at the property located at 69273 Michele Mill
Shepherdview, FL 34813. 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 2023-11-19, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $164,175.08. This figure is scheduled for an annual increase based on a 2.13% escalation rate. A security deposit of $328,350.16 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Perry-Hatfield is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Taylor-Strong Ventures. Late payments of rent will accrue interest at a rate of 9.5% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-5272",
"parties": {
"lessor_details": {
"name": "Taylor-Strong Ventures",
"entity_type": "LLC",
"address": "USNS House\nFPO AA 97066"
},
"lessee_details": {
"name": "Perry-Hatfield",
"entity_type": "Corporation",
"address": "6811 Eric Courts Apt. 314\nOliviabury, VT 52489"
}
},
"property_details": {
"address": "69273 Michele Mill\nShepherdview, FL 34813",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 23A in Building 5"
},
"lease_terms": {
"effective_date": "2023-10-04",
"commencement_date": "2023-11-19",
"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": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 164175.08,
"annual_escalation_rate_percent": 2.13,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.72%)",
"estimated_monthly_amount_usd": 24626.26
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.66%)",
"estimated_monthly_amount_usd": 16417.51
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 328350.16,
"late_payment_interest_rate_percent": 9.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Taylor-Strong Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Taylor-Strong Ventures",
"Garcia 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-2024-1843
Status: Executed
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Reyes Ltd LLC, and the Tenant, Meyer-Decker. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-10.
The subject of this lease concerns the Entire suite 41 in Building 7 at the property located at 991 Alicia Rue Suite 388
New Heatherside, AL 81816. 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 2024-05-14, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $92,005.42. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $184,010.84 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.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1843",
"parties": {
"lessor_details": {
"name": "Reyes Ltd LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Meyer-Decker",
"entity_type": "S-Corp",
"address": "600 Holly Skyway Apt. 749\nEast Joshua, OH 40567"
}
},
"property_details": {
"address": "991 Alicia Rue Suite 388\nNew Heatherside, AL 81816",
"property_type": "Retail",
"lease_area_description": "Entire suite 41 in Building 7"
},
"lease_terms": {
"effective_date": "2024-03-10",
"commencement_date": "2024-05-14",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 92005.42,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.69%)",
"estimated_monthly_amount_usd": 13800.81
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.70%)",
"estimated_monthly_amount_usd": 9200.54
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 184010.84
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"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-2024-8159
Status: Amended
Governing Jurisdiction: Michigan
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fernandez LLC Holdings, and the Tenant, Garcia LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-24.
The subject of this lease concerns the Partial unit 13 in Building 10 at the property located at 68062 Heather Stream
Lake Jorgechester, NY 48303. This Office facility consists of approximately 2502 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-16, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $9,472.15. This figure is scheduled for an annual increase based on a 3.08% escalation rate. A security deposit of $9,472.15 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Garcia 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 Fernandez LLC Holdings. Late payments of rent will accrue interest at a rate of 7.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8159",
"parties": {
"lessor_details": {
"name": "Fernandez LLC Holdings",
"entity_type": "Limited Partnership",
"address": "242 Hudson Viaduct Suite 625\nWardstad, IN 48970"
},
"lessee_details": {
"name": "Garcia LLC",
"entity_type": "S-Corp",
"address": "8188 Flores Valleys Suite 266\nFordshire, WY 13400"
}
},
"property_details": {
"address": "68062 Heather Stream\nLake Jorgechester, NY 48303",
"property_type": "Office",
"lease_area_description": "Partial unit 13 in Building 10",
"square_footage_sqft": 2502
},
"lease_terms": {
"effective_date": "2024-07-24",
"commencement_date": "2024-10-16",
"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": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 9472.15,
"annual_escalation_rate_percent": 3.08,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.36%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.78%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 9472.15,
"late_payment_interest_rate_percent": 7.7
},
"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": 5000000,
"named_insureds_required": [
"Fernandez LLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Fernandez LLC Holdings",
"Phillips 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-2024-8031
Status: Under Review
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Romero, Saunders and Mcbride Ventures, and the Tenant, Thomas, Hogan and Alexander. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-12.
The subject of this lease concerns the Partial floor 50A in Building 2 at the property located at 2001 Smith Ferry Suite 985
Lorishire, RI 24436. This Office facility consists of approximately 21702 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-16, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $65,612.38. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $131,224.76 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 Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Thomas, Hogan and Alexander 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 Romero, Saunders and Mcbride Ventures. Late payments of rent will accrue interest at a rate of 15.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8031",
"parties": {
"lessor_details": {
"name": "Romero, Saunders and Mcbride Ventures",
"entity_type": "LLC",
"address": "23116 Luna Corners\nNorth Alyssaland, GA 33602"
},
"lessee_details": {
"name": "Thomas, Hogan and Alexander",
"entity_type": "LLC",
"address": "238 Jones Court Apt. 755\nSouth Davidside, WI 56750"
}
},
"property_details": {
"address": "2001 Smith Ferry Suite 985\nLorishire, RI 24436",
"property_type": "Office",
"lease_area_description": "Partial floor 50A in Building 2",
"square_footage_sqft": 21702
},
"lease_terms": {
"effective_date": "2024-01-12",
"commencement_date": "2024-02-16",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 65612.38,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.63%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.21%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 131224.76,
"late_payment_interest_rate_percent": 15.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Romero, Saunders and Mcbride Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Romero, Saunders and Mcbride Ventures",
"Maldonado 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-2023-7173
Status: Executed
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Castro LLC Properties, and the Tenant, Stein 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 2023-11-21.
The subject of this lease concerns the Entire unit 23A in Building 5 at the property located at 232 Koch Station Apt. 505
Joycehaven, GU 56927. This Mixed-Use facility consists of approximately 32378 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-16, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $86,827.00. This figure is scheduled for an annual increase based on a 2.27% escalation rate. A security deposit of $173,654.00 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 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 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-2023-7173",
"parties": {
"lessor_details": {
"name": "Castro LLC Properties",
"entity_type": "Corporation",
"address": "1706 Bowen Underpass Suite 218\nNortonville, NV 68781"
},
"lessee_details": {
"name": "Stein Inc",
"entity_type": "Corporation",
"address": "USCGC Marshall\nFPO AP 64872"
}
},
"property_details": {
"address": "232 Koch Station Apt. 505\nJoycehaven, GU 56927",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 23A in Building 5",
"square_footage_sqft": 32378
},
"lease_terms": {
"effective_date": "2023-11-21",
"commencement_date": "2024-01-16",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 86827.0,
"annual_escalation_rate_percent": 2.27,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.92%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.31%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 173654.0,
"late_payment_interest_rate_percent": 14.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"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-2023-2344
Status: Amended
Governing Jurisdiction: Louisiana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Chavez PLC Holdings, and the Tenant, Davis and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-22.
The subject of this lease concerns the Entire floor 48B in Building 8 at the property located at 5871 Michael Pines
Robertside, MI 19758. This Office facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-03, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $74,389.59. This figure is scheduled for an annual increase based on a 2.31% escalation rate. A security deposit of $74,389.59 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 is permitted subject to standard conditions.
Per section 10.1, Davis 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 Chavez PLC Holdings. Late payments of rent will accrue interest at a rate of 12.7% 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 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-2023-2344",
"parties": {
"lessor_details": {
"name": "Chavez PLC Holdings",
"entity_type": "Limited Partnership",
"address": "55095 Love Canyon Apt. 433\nBennettland, AR 64298"
},
"lessee_details": {
"name": "Davis and Sons",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "5871 Michael Pines\nRobertside, MI 19758",
"property_type": "Office",
"lease_area_description": "Entire floor 48B in Building 8"
},
"lease_terms": {
"effective_date": "2023-12-22",
"commencement_date": "2024-03-03",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"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": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 74389.59,
"annual_escalation_rate_percent": 2.31,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.16%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.85%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 74389.59,
"late_payment_interest_rate_percent": 12.7
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Louisiana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Chavez PLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Chavez PLC Holdings",
"Riley, Brown and Daniel 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-2024-1867
Status: Amended
Governing Jurisdiction: Washington
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Barnes and Sons LLC, and the Tenant, Ryan-Bond. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-09.
The subject of this lease concerns the Partial suite 12B in Building 7 at the property located at 373 Williams Field Apt. 154
South Juliemouth, NH 97884. This Mixed-Use facility consists of approximately 47965 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-11, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $124,748.97. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $124,748.97 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ryan-Bond 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 Barnes and Sons LLC. Late payments of rent will accrue interest at a rate of 10.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-1867",
"parties": {
"lessor_details": {
"name": "Barnes and Sons LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Ryan-Bond",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "373 Williams Field Apt. 154\nSouth Juliemouth, NH 97884",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 12B in Building 7",
"square_footage_sqft": 47965
},
"lease_terms": {
"effective_date": "2024-04-09",
"commencement_date": "2024-05-11",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "8 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": 124748.97,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.47%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.28%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 124748.97,
"late_payment_interest_rate_percent": 10.0
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Washington",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Barnes and Sons LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Barnes and Sons LLC",
"Rose-Gonzalez 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-2024-4418
Status: Executed
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor, Weeks and Baird Inc., and the Tenant, Vaughan, Lewis and Williams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-13.
The subject of this lease concerns the Partial floor 6A in Building 4 at the property located at 46120 Becker Station Suite 011
Port Brendaberg, FM 85703. This Mixed-Use facility consists of approximately 34296 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-20, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $137,069.68. This figure is scheduled for an annual increase based on a 2.09% escalation rate. A security deposit of $274,139.36 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, Vaughan, Lewis and Williams is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Taylor, Weeks and Baird Inc.. 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 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-2024-4418",
"parties": {
"lessor_details": {
"name": "Taylor, Weeks and Baird Inc.",
"entity_type": "Limited Partnership",
"address": "8758 Patrick Isle Apt. 917\nSarahview, KY 55164"
},
"lessee_details": {
"name": "Vaughan, Lewis and Williams",
"entity_type": "LLC",
"address": "3732 Martinez Forest Apt. 379\nBarnesborough, OK 97618"
}
},
"property_details": {
"address": "46120 Becker Station Suite 011\nPort Brendaberg, FM 85703",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 6A in Building 4",
"square_footage_sqft": 34296
},
"lease_terms": {
"effective_date": "2024-02-13",
"commencement_date": "2024-02-20",
"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": 270
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 137069.68,
"annual_escalation_rate_percent": 2.09,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.71%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.72%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 274139.36,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Taylor, Weeks and Baird Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Taylor, Weeks and Baird Inc.",
"Ellis LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1177
Status: Draft
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Burns-Jones Ventures, and the Tenant, Ballard-Miller. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-11.
The subject of this lease concerns the Partial floor 13 in Building 4 at the property located at 157 Tiffany Lodge
Lake Rebecca, DC 44342. This Industrial facility consists of the specified area and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-18, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $89,555.87. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $89,555.87 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, Ballard-Miller is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Burns-Jones Ventures. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1177",
"parties": {
"lessor_details": {
"name": "Burns-Jones Ventures",
"entity_type": "Limited Partnership",
"address": "5945 Perez Dale\nPort Jason, DC 91423"
},
"lessee_details": {
"name": "Ballard-Miller",
"entity_type": "S-Corp",
"address": "939 Garza Creek\nWest Ricardo, ID 99949"
}
},
"property_details": {
"address": "157 Tiffany Lodge\nLake Rebecca, DC 44342",
"property_type": "Industrial",
"lease_area_description": "Partial floor 13 in Building 4"
},
"lease_terms": {
"effective_date": "2024-05-11",
"commencement_date": "2024-06-18",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 89555.87,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.36%)",
"estimated_monthly_amount_usd": 13433.38
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 8955.59
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 89555.87
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Burns-Jones Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Burns-Jones Ventures",
"Williams, Fischer and Gallegos 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-2024-2592
Status: Amended
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bennett-Higgins Properties, and the Tenant, Wells, Hernandez and Perez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-21.
The subject of this lease concerns the Entire floor 48A in Building 5 at the property located at Unit 2959 Box 5769
DPO AE 04882. This Industrial facility consists of approximately 36854 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $88,449.60. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $176,899.20 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 is permitted subject to standard conditions.
Per section 10.1, Wells, Hernandez and Perez 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 Bennett-Higgins Properties. Late payments of rent will accrue interest at a rate of 10.0% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-2592",
"parties": {
"lessor_details": {
"name": "Bennett-Higgins Properties",
"entity_type": "LLC",
"address": "USCGC Todd\nFPO AE 33064"
},
"lessee_details": {
"name": "Wells, Hernandez and Perez",
"entity_type": "LLC"
}
},
"property_details": {
"address": "Unit 2959 Box 5769\nDPO AE 04882",
"property_type": "Industrial",
"lease_area_description": "Entire floor 48A in Building 5",
"square_footage_sqft": 36854
},
"lease_terms": {
"effective_date": "2024-03-21",
"commencement_date": "2024-03-23",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 88449.6,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.86%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.40%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 176899.2,
"late_payment_interest_rate_percent": 10.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Bennett-Higgins Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Bennett-Higgins Properties",
"Cervantes LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-5314
Status: Draft
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Moreno, Smith and Brown Holdings, and the Tenant, Martinez-Edwards. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-26.
The subject of this lease concerns the Partial suite 44B in Building 8 at the property located at 239 Danielle Drive
Port Ashleyville, KY 58989. This Mixed-Use facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-11, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $62,194.98. This figure is scheduled for an annual increase based on a 2.43% escalation rate. A security deposit of $124,389.96 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, Martinez-Edwards 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 Moreno, Smith and Brown Holdings. Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5314",
"parties": {
"lessor_details": {
"name": "Moreno, Smith and Brown Holdings",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Martinez-Edwards",
"entity_type": "LLC",
"address": "1765 Jimenez Mews\nEast Kevin, NC 50246"
}
},
"property_details": {
"address": "239 Danielle Drive\nPort Ashleyville, KY 58989",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 44B in Building 8"
},
"lease_terms": {
"effective_date": "2024-05-26",
"commencement_date": "2024-08-11",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"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": 62194.98,
"annual_escalation_rate_percent": 2.43,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.89%)",
"estimated_monthly_amount_usd": 9329.25
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.95%)",
"estimated_monthly_amount_usd": 6219.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 124389.96,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Moreno, Smith and Brown Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Moreno, Smith and Brown Holdings",
"Murphy-Massey 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-2024-9969
Status: Amended
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Aguilar-Clements Holdings, and the Tenant, Gomez, Stephens and Perez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-31.
The subject of this lease concerns the Partial floor 11B in Building 4 at the property located at 05003 Grant Forge Suite 913
Port Gregorystad, PA 52202. 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 2024-07-31, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $29,706.82. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $29,706.82 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 8.9% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 10 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9969",
"parties": {
"lessor_details": {
"name": "Aguilar-Clements Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Gomez, Stephens and Perez",
"entity_type": "LLC",
"address": "68349 Shawn Hills\nCharlesberg, GA 54756"
}
},
"property_details": {
"address": "05003 Grant Forge Suite 913\nPort Gregorystad, PA 52202",
"property_type": "Industrial",
"lease_area_description": "Partial floor 11B in Building 4"
},
"lease_terms": {
"effective_date": "2024-07-31",
"commencement_date": "2024-07-31",
"initial_term_months": 84,
"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": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"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": 29706.82,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 4456.02
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.53%)",
"estimated_monthly_amount_usd": 2970.68
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 29706.82,
"late_payment_interest_rate_percent": 8.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"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-2024-2785
Status: Under Review
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Martinez-Martinez LLC, and the Tenant, Myers, Taylor and Gonzalez. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-29.
The subject of this lease concerns the Partial suite 16B in Building 2 at the property located at 864 Joseph Oval Apt. 276
West Douglaschester, FM 33640. This Mixed-Use facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-09-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $93,570.72. This figure is scheduled for an annual increase based on a 2.25% escalation rate. A security deposit of $93,570.72 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 10.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-2785",
"parties": {
"lessor_details": {
"name": "Martinez-Martinez LLC",
"entity_type": "LLC",
"address": "4029 Amy Plain\nMeganchester, ME 29977"
},
"lessee_details": {
"name": "Myers, Taylor and Gonzalez",
"entity_type": "LLC",
"address": "2149 Tara Lane\nSheppardburgh, VT 03447"
}
},
"property_details": {
"address": "864 Joseph Oval Apt. 276\nWest Douglaschester, FM 33640",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 16B in Building 2"
},
"lease_terms": {
"effective_date": "2024-07-29",
"commencement_date": "2024-09-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 93570.72,
"annual_escalation_rate_percent": 2.25,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.12%)",
"estimated_monthly_amount_usd": 14035.61
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.64%)",
"estimated_monthly_amount_usd": 9357.07
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 93570.72,
"late_payment_interest_rate_percent": 10.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Maine",
"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-2024-1268
Status: Executed
Governing Jurisdiction: Alaska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Morgan-Cross Properties, and the Tenant, Figueroa, Carter 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 2024-06-03.
The subject of this lease concerns the Entire unit 8A in Building 7 at the property located at 67711 John Street Apt. 949
Michaelside, PR 79144. This Mixed-Use facility consists of approximately 10095 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-27, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $14,982.66. This figure is scheduled for an annual increase based on a 1.86% escalation rate. A security deposit of $29,965.32 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 15.5% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-1268",
"parties": {
"lessor_details": {
"name": "Morgan-Cross Properties",
"entity_type": "Limited Partnership",
"address": "47087 Rivera Islands\nBaileyton, MN 91011"
},
"lessee_details": {
"name": "Figueroa, Carter and Haynes",
"entity_type": "Corporation",
"address": "303 Golden Bridge Suite 207\nWest Adammouth, KY 31973"
}
},
"property_details": {
"address": "67711 John Street Apt. 949\nMichaelside, PR 79144",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 8A in Building 7",
"square_footage_sqft": 10095
},
"lease_terms": {
"effective_date": "2024-06-03",
"commencement_date": "2024-08-27",
"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
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 14982.66,
"annual_escalation_rate_percent": 1.86,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.36%)",
"estimated_monthly_amount_usd": 2247.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.77%)",
"estimated_monthly_amount_usd": 1498.27
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 29965.32,
"late_payment_interest_rate_percent": 15.5
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Alaska",
"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-2023-4771
Status: Under Review
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Dunlap Inc LLC, and the Tenant, Ortiz Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-05.
The subject of this lease concerns the Partial suite 26A in Building 5 at the property located at 0706 Eddie Mountains
Smithland, NV 56279. This Retail facility consists of approximately 47567 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-14, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $101,912.30. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $203,824.60 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, Ortiz Inc is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Dunlap Inc LLC. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-4771",
"parties": {
"lessor_details": {
"name": "Dunlap Inc LLC",
"entity_type": "Corporation",
"address": "3801 Gallegos Crossroad Suite 677\nSouth Jeffreyview, AS 41154"
},
"lessee_details": {
"name": "Ortiz Inc",
"entity_type": "Corporation",
"address": "861 Charles Burgs\nWest Lindsay, MT 79597"
}
},
"property_details": {
"address": "0706 Eddie Mountains\nSmithland, NV 56279",
"property_type": "Retail",
"lease_area_description": "Partial suite 26A in Building 5",
"square_footage_sqft": 47567
},
"lease_terms": {
"effective_date": "2023-10-05",
"commencement_date": "2023-12-14",
"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": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
},
{
"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": 101912.3,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.72%)",
"estimated_monthly_amount_usd": 15286.84
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.26%)",
"estimated_monthly_amount_usd": 10191.23
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 203824.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Dunlap Inc LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Dunlap Inc LLC",
"Murray-Morris 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-2024-3374
Status: Under Review
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Holland LLC Holdings, and the Tenant, Ayers-Avila. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-30.
The subject of this lease concerns the Entire unit 40A in Building 5 at the property located at 352 Garcia Fords Apt. 307
South Benjaminside, AK 28887. 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 2024-08-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $37,959.04. This figure is scheduled for an annual increase based on a 2.0% escalation rate. A security deposit of $37,959.04 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.
Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 5 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3374",
"parties": {
"lessor_details": {
"name": "Holland LLC Holdings",
"entity_type": "Corporation",
"address": "Unit 1940 Box 2616\nDPO AP 26742"
},
"lessee_details": {
"name": "Ayers-Avila",
"entity_type": "S-Corp",
"address": "6964 David Mount\nNorth Mckenzieside, FM 14108"
}
},
"property_details": {
"address": "352 Garcia Fords Apt. 307\nSouth Benjaminside, AK 28887",
"property_type": "Office",
"lease_area_description": "Entire unit 40A in Building 5"
},
"lease_terms": {
"effective_date": "2024-05-30",
"commencement_date": "2024-08-15",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 37959.04,
"annual_escalation_rate_percent": 2.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.34%)",
"estimated_monthly_amount_usd": 5693.86
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.54%)",
"estimated_monthly_amount_usd": 3795.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 37959.04
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "North Dakota",
"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-2024-2994
Status: Executed
Governing Jurisdiction: New Hampshire
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Harrison Group Inc., and the Tenant, Goodman, Martinez and Bruce. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-03.
The subject of this lease concerns the Partial unit 43 in Building 9 at the property located at 098 Kelly Centers
Samanthaville, ND 09404. This Mixed-Use facility consists of approximately 10775 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-21, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $38,179.42. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $38,179.42 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Goodman, Martinez and Bruce 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 Harrison Group Inc.. Late payments of rent will accrue interest at a rate of 17.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2024-2994",
"parties": {
"lessor_details": {
"name": "Harrison Group Inc.",
"entity_type": "Corporation",
"address": "241 Sanchez Islands Apt. 662\nNorth Samantha, KY 32818"
},
"lessee_details": {
"name": "Goodman, Martinez and Bruce",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "098 Kelly Centers\nSamanthaville, ND 09404",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 43 in Building 9",
"square_footage_sqft": 10775
},
"lease_terms": {
"effective_date": "2024-03-03",
"commencement_date": "2024-05-21",
"initial_term_months": 36,
"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": false,
"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": 38179.42,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.16%)",
"estimated_monthly_amount_usd": 5726.91
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.11%)",
"estimated_monthly_amount_usd": 3817.94
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 38179.42,
"late_payment_interest_rate_percent": 17.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Hampshire",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Harrison Group Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Harrison Group Inc.",
"Dennis 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-2023-2772
Status: Under Review
Governing Jurisdiction: Wyoming
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Young PLC Ventures, and the Tenant, Clay-Harmon. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-27.
The subject of this lease concerns the Partial unit 31A in Building 4 at the property located at 121 Duane Skyway
West Nicoleburgh, GU 17330. This Retail facility consists of approximately 31267 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-26, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $55,629.20. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $55,629.20 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. 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-2023-2772",
"parties": {
"lessor_details": {
"name": "Young PLC Ventures",
"entity_type": "Limited Partnership",
"address": "319 Thomas Fords\nSouth Amber, MO 66124"
},
"lessee_details": {
"name": "Clay-Harmon",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "121 Duane Skyway\nWest Nicoleburgh, GU 17330",
"property_type": "Retail",
"lease_area_description": "Partial unit 31A in Building 4",
"square_footage_sqft": 31267
},
"lease_terms": {
"effective_date": "2023-12-27",
"commencement_date": "2024-02-26",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 55629.2,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.90%)",
"estimated_monthly_amount_usd": 8344.38
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.89%)",
"estimated_monthly_amount_usd": 5562.92
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 55629.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Wyoming",
"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-2024-7045
Status: Draft
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hicks Ltd Ventures, and the Tenant, Smith 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 2024-02-20.
The subject of this lease concerns the Entire suite 3 in Building 1 at the property located at 14387 William Vista
Port Vickiside, LA 28346. This Warehouse facility consists of approximately 2610 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $8,950.12. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $8,950.12 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Smith 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 Hicks Ltd Ventures. Late payments of rent will accrue interest at a rate of 11.9% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-7045",
"parties": {
"lessor_details": {
"name": "Hicks Ltd Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Smith Ltd",
"entity_type": "LLC",
"address": "57889 Elizabeth Camp\nJeffreyburgh, OH 46465"
}
},
"property_details": {
"address": "14387 William Vista\nPort Vickiside, LA 28346",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 3 in Building 1",
"square_footage_sqft": 2610
},
"lease_terms": {
"effective_date": "2024-02-20",
"commencement_date": "2024-03-15",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 8950.12,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.49%)",
"estimated_monthly_amount_usd": 1342.52
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.99%)",
"estimated_monthly_amount_usd": 895.01
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 8950.12,
"late_payment_interest_rate_percent": 11.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Hicks Ltd Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Hicks Ltd Ventures",
"Fields, Johnson and Hancock 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-2023-9518
Status: Amended
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ward-Thomas LLC, and the Tenant, Jennings, Solis and Brown. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-13.
The subject of this lease concerns the Entire suite 39A in Building 10 at the property located at 64293 Lam Skyway
Greeneland, IL 80232. This Warehouse facility consists of approximately 12223 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $40,580.36. This figure is scheduled for an annual increase based on a 3.44% escalation rate. A security deposit of $40,580.36 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Jennings, Solis and Brown is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Ward-Thomas LLC. 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-2023-9518",
"parties": {
"lessor_details": {
"name": "Ward-Thomas LLC",
"entity_type": "LLC",
"address": "2781 Young Highway Suite 031\nEast Alexandershire, UT 29900"
},
"lessee_details": {
"name": "Jennings, Solis and Brown",
"entity_type": "LLC",
"address": "4354 Kelsey Bypass Suite 309\nMarietown, KY 11464"
}
},
"property_details": {
"address": "64293 Lam Skyway\nGreeneland, IL 80232",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 39A in Building 10",
"square_footage_sqft": 12223
},
"lease_terms": {
"effective_date": "2023-11-13",
"commencement_date": "2023-12-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"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."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 40580.36,
"annual_escalation_rate_percent": 3.44,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.10%)",
"estimated_monthly_amount_usd": 6087.05
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.44%)",
"estimated_monthly_amount_usd": 4058.04
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 40580.36
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Ward-Thomas LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Ward-Thomas LLC",
"Moore-Swanson 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-2023-3753
Status: Draft
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, White-Johnson Holdings, and the Tenant, Ramsey, Smith and Snyder. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-03.
The subject of this lease concerns the Partial floor 30 in Building 10 at the property located at 13920 Williams Port Suite 828
Tapiamouth, PR 53683. 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 2023-12-13, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $13,879.69. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $27,759.38 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ramsey, Smith and Snyder 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 White-Johnson Holdings. Late payments of rent will accrue interest at a rate of 6.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-3753",
"parties": {
"lessor_details": {
"name": "White-Johnson Holdings",
"entity_type": "Corporation",
"address": "Unit 3170 Box 4725\nDPO AE 11938"
},
"lessee_details": {
"name": "Ramsey, Smith and Snyder",
"entity_type": "LLC",
"address": "00724 Gonzalez Summit\nLake Catherineville, AL 16475"
}
},
"property_details": {
"address": "13920 Williams Port Suite 828\nTapiamouth, PR 53683",
"property_type": "Industrial",
"lease_area_description": "Partial floor 30 in Building 10"
},
"lease_terms": {
"effective_date": "2023-12-03",
"commencement_date": "2023-12-13",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 13879.69,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.12%)",
"estimated_monthly_amount_usd": 2081.95
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.12%)",
"estimated_monthly_amount_usd": 1387.97
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 27759.38,
"late_payment_interest_rate_percent": 6.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"White-Johnson Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"White-Johnson Holdings",
"Barker 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-2024-4386
Status: Draft
Governing Jurisdiction: Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Stephens-Shah Ventures, and the Tenant, Davis, Stevenson and Larson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-21.
The subject of this lease concerns the Entire unit 32B in Building 4 at the property located at 7548 Julie Locks Apt. 987
East Christophermouth, VI 74854. This Mixed-Use facility consists of approximately 32766 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-28, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $44,616.37. This figure is scheduled for an annual increase based on a 3.03% escalation rate. A security deposit of $44,616.37 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, Davis, Stevenson and Larson 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 Stephens-Shah Ventures. Late payments of rent will accrue interest at a rate of 10.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 60 days' notice and involves a penalty structured as 7 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4386",
"parties": {
"lessor_details": {
"name": "Stephens-Shah Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Davis, Stevenson and Larson",
"entity_type": "LLC",
"address": "02490 Kelly Hills Apt. 882\nEast Davidhaven, DC 16050"
}
},
"property_details": {
"address": "7548 Julie Locks Apt. 987\nEast Christophermouth, VI 74854",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 32B in Building 4",
"square_footage_sqft": 32766
},
"lease_terms": {
"effective_date": "2024-02-21",
"commencement_date": "2024-04-28",
"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": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "7 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": 44616.37,
"annual_escalation_rate_percent": 3.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.07%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.43%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 44616.37,
"late_payment_interest_rate_percent": 10.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Virginia",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Stephens-Shah Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Stephens-Shah Ventures",
"Valencia, Hall and Keller 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-2024-9389
Status: Under Review
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Campbell-Santos Inc., and the Tenant, Young, Martinez and Wagner. The team is preparing for the 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 Entire floor 50A in Building 7 at the property located at 576 Miller Center
Jennifertown, SD 07860. 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 2024-07-25, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $69,359.13. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $138,718.26 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to 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, Young, Martinez and Wagner 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 Campbell-Santos Inc.. Late payments of rent will accrue interest at a rate of 14.8% 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 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-2024-9389",
"parties": {
"lessor_details": {
"name": "Campbell-Santos Inc.",
"entity_type": "LLC",
"address": "9695 Aaron Canyon\nEast Kelly, MD 27825"
},
"lessee_details": {
"name": "Young, Martinez and Wagner",
"entity_type": "S-Corp",
"address": "9698 Bryant Rapids\nKimbury, NM 24337"
}
},
"property_details": {
"address": "576 Miller Center\nJennifertown, SD 07860",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 50A in Building 7"
},
"lease_terms": {
"effective_date": "2024-06-22",
"commencement_date": "2024-07-25",
"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": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"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": 69359.13,
"annual_escalation_rate_percent": 4.0,
"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 (20.79%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 138718.26,
"late_payment_interest_rate_percent": 14.8
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Ohio",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Campbell-Santos Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Campbell-Santos Inc.",
"Mckinney-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-2024-1847
Status: Under Review
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wallace Ltd Inc., and the Tenant, Price 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 2024-05-27.
The subject of this lease concerns the Entire unit 28 in Building 5 at the property located at 32935 Leah Cliff
Mooreshire, ND 73336. This Mixed-Use facility consists of approximately 21286 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-01, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $57,649.58. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $57,649.58 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, Price 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 Wallace Ltd Inc.. Late payments of rent will accrue interest at a rate of 13.2% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-1847",
"parties": {
"lessor_details": {
"name": "Wallace Ltd Inc.",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Price PLC",
"entity_type": "Corporation",
"address": "04051 Lee Club Apt. 007\nEast Rebeccafort, VI 34794"
}
},
"property_details": {
"address": "32935 Leah Cliff\nMooreshire, ND 73336",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 28 in Building 5",
"square_footage_sqft": 21286
},
"lease_terms": {
"effective_date": "2024-05-27",
"commencement_date": "2024-06-01",
"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": 180
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"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."
},
{
"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": 57649.58,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.64%)",
"estimated_monthly_amount_usd": 8647.44
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.08%)",
"estimated_monthly_amount_usd": 5764.96
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 57649.58,
"late_payment_interest_rate_percent": 13.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Wallace Ltd Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Wallace Ltd Inc.",
"Norman, Young and Miller Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7897
Status: Executed
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Liu LLC LLC, and the Tenant, Harris, Brown and Mcmillan. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-16.
The subject of this lease concerns the Entire suite 8B in Building 9 at the property located at 095 Jennifer Mountain
North Pamelabury, PW 09943. 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 2024-05-23, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $36,097.61. This figure is scheduled for an annual increase based on a 3.07% escalation rate. A security deposit of $72,195.22 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Harris, Brown and Mcmillan 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 Liu LLC LLC. Late payments of rent will accrue interest at a rate of 11.0% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-7897",
"parties": {
"lessor_details": {
"name": "Liu LLC LLC",
"entity_type": "Corporation",
"address": "750 Johnson Canyon\nLeland, WY 13866"
},
"lessee_details": {
"name": "Harris, Brown and Mcmillan",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "095 Jennifer Mountain\nNorth Pamelabury, PW 09943",
"property_type": "Retail",
"lease_area_description": "Entire suite 8B in Building 9"
},
"lease_terms": {
"effective_date": "2024-03-16",
"commencement_date": "2024-05-23",
"initial_term_months": 36,
"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": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 36097.61,
"annual_escalation_rate_percent": 3.07,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.60%)",
"estimated_monthly_amount_usd": 5414.64
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.80%)",
"estimated_monthly_amount_usd": 3609.76
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 72195.22,
"late_payment_interest_rate_percent": 11.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Liu LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Liu LLC LLC",
"Sanchez 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-2024-8094
Status: Amended
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Johnson-Mason Ventures, and the Tenant, Stewart-Pugh. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-02.
The subject of this lease concerns the Partial suite 5 in Building 3 at the property located at 61180 Allison Island Suite 221
South Ryanborough, CO 97897. This Industrial facility consists of approximately 35350 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-17, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $134,771.88. This figure is scheduled for an annual increase based on a 2.33% escalation rate. A security deposit of $134,771.88 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, Stewart-Pugh 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-Mason Ventures. Late payments of rent will accrue interest at a rate of 11.1% 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-2024-8094",
"parties": {
"lessor_details": {
"name": "Johnson-Mason Ventures",
"entity_type": "Limited Partnership",
"address": "412 Gomez Curve Suite 254\nBradfordfurt, MA 65337"
},
"lessee_details": {
"name": "Stewart-Pugh",
"entity_type": "Corporation",
"address": "373 Johnson Flat Suite 091\nLiushire, MH 55018"
}
},
"property_details": {
"address": "61180 Allison Island Suite 221\nSouth Ryanborough, CO 97897",
"property_type": "Industrial",
"lease_area_description": "Partial suite 5 in Building 3",
"square_footage_sqft": 35350
},
"lease_terms": {
"effective_date": "2024-01-02",
"commencement_date": "2024-03-17",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"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": 134771.88,
"annual_escalation_rate_percent": 2.33,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.47%)",
"estimated_monthly_amount_usd": 20215.78
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.50%)",
"estimated_monthly_amount_usd": 13477.19
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 134771.88,
"late_payment_interest_rate_percent": 11.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Johnson-Mason Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Johnson-Mason Ventures",
"Griffin-Bennett 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-2024-5363
Status: Executed
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith, Martinez and Greer Ventures, and the Tenant, Welch-Powell. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-02-16.
The subject of this lease concerns the Partial floor 33A in Building 1 at the property located at 1840 Schmidt Manor
New Kaylamouth, NE 97861. This Retail facility consists of approximately 48593 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-08, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $132,739.88. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $132,739.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 9.9% 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 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-2024-5363",
"parties": {
"lessor_details": {
"name": "Smith, Martinez and Greer Ventures",
"entity_type": "Limited Partnership",
"address": "60801 Jose Bridge Apt. 548\nSouth Lisaview, AL 88040"
},
"lessee_details": {
"name": "Welch-Powell",
"entity_type": "LLC"
}
},
"property_details": {
"address": "1840 Schmidt Manor\nNew Kaylamouth, NE 97861",
"property_type": "Retail",
"lease_area_description": "Partial floor 33A in Building 1",
"square_footage_sqft": 48593
},
"lease_terms": {
"effective_date": "2024-02-16",
"commencement_date": "2024-03-08",
"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": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 132739.88,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.46%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.64%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 132739.88,
"late_payment_interest_rate_percent": 9.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Arkansas",
"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-2024-9507
Status: Under Review
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Martinez-Valentine Ventures, and the Tenant, Adams, Davis and Johnson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-26.
The subject of this lease concerns the Entire floor 2B in Building 1 at the property located at 74968 Ray Mission Suite 106
North Guyville, VT 35727. This Office facility consists of approximately 36898 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-09, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $139,105.46. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $278,210.92 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, Adams, Davis and Johnson is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Martinez-Valentine Ventures. Late payments of rent will accrue interest at a rate of 18.0% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-9507",
"parties": {
"lessor_details": {
"name": "Martinez-Valentine Ventures",
"entity_type": "Limited Partnership",
"address": "680 Cory Mountains Suite 481\nPort Daniellechester, NC 07487"
},
"lessee_details": {
"name": "Adams, Davis and Johnson",
"entity_type": "LLC",
"address": "208 Gonzalez Isle\nEast Benjamin, NJ 08586"
}
},
"property_details": {
"address": "74968 Ray Mission Suite 106\nNorth Guyville, VT 35727",
"property_type": "Office",
"lease_area_description": "Entire floor 2B in Building 1",
"square_footage_sqft": 36898
},
"lease_terms": {
"effective_date": "2024-06-26",
"commencement_date": "2024-07-09",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 139105.46,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 20865.82
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.05%)",
"estimated_monthly_amount_usd": 13910.55
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 278210.92,
"late_payment_interest_rate_percent": 18.0
},
"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": 2000000,
"named_insureds_required": [
"Martinez-Valentine Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Martinez-Valentine Ventures",
"Davis 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-2024-1288
Status: Under Review
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Bailey, Torres and Tran Holdings, and the Tenant, Fletcher 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 2024-02-23.
The subject of this lease concerns the Partial floor 38A in Building 10 at the property located at 50691 Harper Fords
East Clayton, NM 09652. This Warehouse facility consists of approximately 12262 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-11, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $29,684.26. This figure is scheduled for an annual increase based on a 2.22% escalation rate. A security deposit of $59,368.52 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.
Late payments of rent will accrue interest at a rate of 13.1% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 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-2024-1288",
"parties": {
"lessor_details": {
"name": "Bailey, Torres and Tran Holdings",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Fletcher Group",
"entity_type": "S-Corp",
"address": "076 Leah Parkways Suite 599\nLake Johnview, WV 16446"
}
},
"property_details": {
"address": "50691 Harper Fords\nEast Clayton, NM 09652",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 38A in Building 10",
"square_footage_sqft": 12262
},
"lease_terms": {
"effective_date": "2024-02-23",
"commencement_date": "2024-04-11",
"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": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 29684.26,
"annual_escalation_rate_percent": 2.22,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.16%)",
"estimated_monthly_amount_usd": 4452.64
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.75%)",
"estimated_monthly_amount_usd": 2968.43
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 59368.52,
"late_payment_interest_rate_percent": 13.1
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Missouri",
"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-2023-5342
Status: Under Review
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Adams, Carrillo and Oconnor Properties, and the Tenant, Guerrero-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 2023-11-13.
The subject of this lease concerns the Entire floor 33B in Building 1 at the property located at 962 David Village Apt. 105
Port Brendamouth, PW 52437. This Industrial facility consists of approximately 13228 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-13, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $46,772.00. This figure is scheduled for an annual increase based on a 1.72% escalation rate. A security deposit of $93,544.00 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Guerrero-Lopez 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 Adams, Carrillo and Oconnor Properties. Late payments of rent will accrue interest at a rate of 13.4% 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-2023-5342",
"parties": {
"lessor_details": {
"name": "Adams, Carrillo and Oconnor Properties",
"entity_type": "Limited Partnership",
"address": "105 Heather Greens\nPort Williamtown, KY 51462"
},
"lessee_details": {
"name": "Guerrero-Lopez",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "962 David Village Apt. 105\nPort Brendamouth, PW 52437",
"property_type": "Industrial",
"lease_area_description": "Entire floor 33B in Building 1",
"square_footage_sqft": 13228
},
"lease_terms": {
"effective_date": "2023-11-13",
"commencement_date": "2024-01-13",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 46772.0,
"annual_escalation_rate_percent": 1.72,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.50%)",
"estimated_monthly_amount_usd": 7015.8
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.66%)",
"estimated_monthly_amount_usd": 4677.2
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 93544.0,
"late_payment_interest_rate_percent": 13.4
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Adams, Carrillo and Oconnor Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Adams, Carrillo and Oconnor Properties",
"Knight-Ford 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-2024-9649
Status: Executed
Governing Jurisdiction: Arkansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Taylor-Reyes Ventures, and the Tenant, Bridges and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-05.
The subject of this lease concerns the Entire floor 34 in Building 8 at the property located at 91221 Kim Pass
West Melissa, DE 50968. This Office facility consists of approximately 25176 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-07, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $113,354.94. This figure is scheduled for an annual increase based on a 2.18% escalation rate. A security deposit of $226,709.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Bridges and Sons is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Taylor-Reyes Ventures. 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 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-2024-9649",
"parties": {
"lessor_details": {
"name": "Taylor-Reyes Ventures",
"entity_type": "Corporation",
"address": "523 Tran Squares\nMyersbury, SD 55548"
},
"lessee_details": {
"name": "Bridges and Sons",
"entity_type": "LLC",
"address": "8532 David Circles\nClarkville, IL 29844"
}
},
"property_details": {
"address": "91221 Kim Pass\nWest Melissa, DE 50968",
"property_type": "Office",
"lease_area_description": "Entire floor 34 in Building 8",
"square_footage_sqft": 25176
},
"lease_terms": {
"effective_date": "2024-04-05",
"commencement_date": "2024-05-07",
"initial_term_months": 60,
"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": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 113354.94,
"annual_escalation_rate_percent": 2.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.73%)",
"estimated_monthly_amount_usd": 17003.24
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.78%)",
"estimated_monthly_amount_usd": 11335.49
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 226709.88,
"late_payment_interest_rate_percent": 15.3
},
"permitted_use": "Professional services 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": [
"Taylor-Reyes Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Taylor-Reyes Ventures",
"Odom 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-2023-5921
Status: Executed
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Robinson LLC Inc., and the Tenant, Bishop 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 2023-11-05.
The subject of this lease concerns the Entire floor 26 in Building 2 at the property located at 277 Williamson Spring Suite 209
Victoriafurt, CA 52128. This Office facility consists of approximately 14066 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-07, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $59,393.69. This figure is scheduled for an annual increase based on a 2.58% escalation rate. A security deposit of $118,787.38 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, Bishop 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 Robinson LLC Inc.. Late payments of rent will accrue interest at a rate of 12.2% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-5921",
"parties": {
"lessor_details": {
"name": "Robinson LLC Inc.",
"entity_type": "LLC",
"address": "213 James Forest\nPerrybury, VT 29428"
},
"lessee_details": {
"name": "Bishop and Sons",
"entity_type": "LLC",
"address": "64307 Thomas Lake Suite 912\nJoycemouth, TX 38126"
}
},
"property_details": {
"address": "277 Williamson Spring Suite 209\nVictoriafurt, CA 52128",
"property_type": "Office",
"lease_area_description": "Entire floor 26 in Building 2",
"square_footage_sqft": 14066
},
"lease_terms": {
"effective_date": "2023-11-05",
"commencement_date": "2023-12-07",
"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": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 59393.69,
"annual_escalation_rate_percent": 2.58,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (12.26%)",
"estimated_monthly_amount_usd": 8909.05
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.36%)",
"estimated_monthly_amount_usd": 5939.37
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 118787.38,
"late_payment_interest_rate_percent": 12.2
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Maine",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Robinson LLC Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Robinson LLC Inc.",
"Durham, Davis and Johnson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-5215
Status: Amended
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Robinson Inc Ventures, and the Tenant, Evans, Sanchez and Brooks. The team is preparing for the 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 Partial suite 12 in Building 6 at the property located at 9395 Hall Row
South Jessica, NM 05457. This Mixed-Use facility consists of approximately 43003 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-11-01, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $103,243.04. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $206,486.08 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, Evans, Sanchez and Brooks 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 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 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-2023-5215",
"parties": {
"lessor_details": {
"name": "Robinson Inc Ventures",
"entity_type": "Limited Partnership",
"address": "73193 Ruiz Corner\nPort Andrew, WA 81607"
},
"lessee_details": {
"name": "Evans, Sanchez and Brooks",
"entity_type": "Corporation",
"address": "0897 Amy Camp Apt. 770\nAndersonburgh, NE 69895"
}
},
"property_details": {
"address": "9395 Hall Row\nSouth Jessica, NM 05457",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 12 in Building 6",
"square_footage_sqft": 43003
},
"lease_terms": {
"effective_date": "2023-08-24",
"commencement_date": "2023-11-01",
"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": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"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": 103243.04,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.36%)",
"estimated_monthly_amount_usd": 15486.46
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.71%)",
"estimated_monthly_amount_usd": 10324.3
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 206486.08
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Robinson Inc Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Robinson Inc Ventures",
"Brown 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-2023-8872
Status: Amended
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Dunn-Washington Ventures, and the Tenant, Morgan-Vargas. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-03.
The subject of this lease concerns the Entire suite 13 in Building 10 at the property located at 536 Barnes Estate
South Mason, OK 10270. This Office facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $97,863.17. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $97,863.17 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Morgan-Vargas 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 Dunn-Washington Ventures. 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-2023-8872",
"parties": {
"lessor_details": {
"name": "Dunn-Washington Ventures",
"entity_type": "Corporation",
"address": "0635 Alicia Valleys Suite 013\nClarkville, UT 16401"
},
"lessee_details": {
"name": "Morgan-Vargas",
"entity_type": "LLC"
}
},
"property_details": {
"address": "536 Barnes Estate\nSouth Mason, OK 10270",
"property_type": "Office",
"lease_area_description": "Entire suite 13 in Building 10"
},
"lease_terms": {
"effective_date": "2023-12-03",
"commencement_date": "2023-12-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 97863.17,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.24%)",
"estimated_monthly_amount_usd": 14679.48
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (10.26%)",
"estimated_monthly_amount_usd": 9786.32
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 97863.17,
"late_payment_interest_rate_percent": 7.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Dunn-Washington Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Dunn-Washington Ventures",
"Vega, Mullins and Johnson Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9871
Status: Executed
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lopez-Thompson Holdings, and the Tenant, French, Allen and Pierce. The team is preparing for the 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 Partial suite 30A in Building 7 at the property located at 44854 Jacobson Overpass
West Jenniferstad, VT 02592. This Mixed-Use facility consists of approximately 34360 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-11, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $152,873.37. This figure is scheduled for an annual increase based on a 1.8% escalation rate. A security deposit of $152,873.37 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, French, Allen and Pierce 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 Lopez-Thompson Holdings. 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-2024-9871",
"parties": {
"lessor_details": {
"name": "Lopez-Thompson Holdings",
"entity_type": "Corporation",
"address": "Unit 8117 Box 6660\nDPO AA 09545"
},
"lessee_details": {
"name": "French, Allen and Pierce",
"entity_type": "S-Corp",
"address": "541 Harris Street Apt. 119\nMichaeltown, NM 74107"
}
},
"property_details": {
"address": "44854 Jacobson Overpass\nWest Jenniferstad, VT 02592",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 30A in Building 7",
"square_footage_sqft": 34360
},
"lease_terms": {
"effective_date": "2024-08-10",
"commencement_date": "2024-08-11",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"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": 152873.37,
"annual_escalation_rate_percent": 1.8,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.09%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.00%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 152873.37
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Lopez-Thompson Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Lopez-Thompson Holdings",
"Morgan-Castillo 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-2023-8907
Status: Amended
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rose Group Properties, and the Tenant, Mcguire, Rice and Cannon. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-18.
The subject of this lease concerns the Partial unit 39 in Building 6 at the property located at PSC 7667, Box 9243
APO AP 96218. This Industrial facility consists of approximately 46553 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $76,308.13. This figure is scheduled for an annual increase based on a 2.03% escalation rate. A security deposit of $152,616.26 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Mcguire, Rice and Cannon 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 Rose Group Properties. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-8907",
"parties": {
"lessor_details": {
"name": "Rose Group Properties",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Mcguire, Rice and Cannon",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "PSC 7667, Box 9243\nAPO AP 96218",
"property_type": "Industrial",
"lease_area_description": "Partial unit 39 in Building 6",
"square_footage_sqft": 46553
},
"lease_terms": {
"effective_date": "2023-11-18",
"commencement_date": "2023-12-06",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 76308.13,
"annual_escalation_rate_percent": 2.03,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.60%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.44%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 152616.26
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rose Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Rose Group Properties",
"Ward-Marshall 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-2023-4789
Status: Under Review
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Perry Inc Properties, and the Tenant, Garcia LLC. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-01.
The subject of this lease concerns the Partial unit 23B in Building 7 at the property located at 22769 Martinez Locks Suite 835
Lewisfurt, OR 96724. This Industrial facility consists of approximately 17940 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-20, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $67,932.80. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $135,865.60 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 is permitted subject to standard conditions.
Per section 10.1, Garcia 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 Perry Inc Properties. 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-2023-4789",
"parties": {
"lessor_details": {
"name": "Perry Inc Properties",
"entity_type": "LLC",
"address": "899 Hartman Mission Apt. 229\nSouth Jessica, ND 07986"
},
"lessee_details": {
"name": "Garcia LLC",
"entity_type": "LLC"
}
},
"property_details": {
"address": "22769 Martinez Locks Suite 835\nLewisfurt, OR 96724",
"property_type": "Industrial",
"lease_area_description": "Partial unit 23B in Building 7",
"square_footage_sqft": 17940
},
"lease_terms": {
"effective_date": "2023-12-01",
"commencement_date": "2023-12-20",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 24,
"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": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 67932.8,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.64%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.56%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 135865.6
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Perry Inc Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Perry Inc Properties",
"Johnson 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-2023-5392
Status: Under Review
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Castro Ltd Properties, and the Tenant, Kelley 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 2023-11-28.
The subject of this lease concerns the Entire suite 24B in Building 7 at the property located at 754 Candice Loop Suite 753
Atkinsonfort, NH 87744. This Mixed-Use facility consists of approximately 7117 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-17, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $15,277.83. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $30,555.66 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Kelley 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 Castro Ltd Properties. Late payments of rent will accrue interest at a rate of 14.6% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2023-5392",
"parties": {
"lessor_details": {
"name": "Castro Ltd Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Kelley and Sons",
"entity_type": "S-Corp",
"address": "009 Peterson Valleys Apt. 704\nPort Annstad, NJ 14939"
}
},
"property_details": {
"address": "754 Candice Loop Suite 753\nAtkinsonfort, NH 87744",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 24B in Building 7",
"square_footage_sqft": 7117
},
"lease_terms": {
"effective_date": "2023-11-28",
"commencement_date": "2024-01-17",
"initial_term_months": 120,
"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": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 15277.83,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.91%)",
"estimated_monthly_amount_usd": 2291.67
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.79%)",
"estimated_monthly_amount_usd": 1527.78
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 30555.66,
"late_payment_interest_rate_percent": 14.6
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "New York",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Castro Ltd Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Castro Ltd Properties",
"Wallace-Page 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-2024-6875
Status: Amended
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Kelly-Garcia Properties, and the Tenant, Boyer 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 2024-01-12.
The subject of this lease concerns the Entire suite 44 in Building 2 at the property located at 914 Sarah Field Apt. 218
East Samanthamouth, IA 17255. This Warehouse facility consists of approximately 7455 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 7 years. The Tenant's monthly obligation for base rent begins at $30,062.29. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $60,124.58 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Boyer 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 Kelly-Garcia Properties. Late payments of rent will accrue interest at a rate of 11.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6875",
"parties": {
"lessor_details": {
"name": "Kelly-Garcia Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Boyer Ltd",
"entity_type": "S-Corp",
"address": "52189 Bowers Loaf Apt. 973\nEast Robertside, ID 82000"
}
},
"property_details": {
"address": "914 Sarah Field Apt. 218\nEast Samanthamouth, IA 17255",
"property_type": "Warehouse",
"lease_area_description": "Entire suite 44 in Building 2",
"square_footage_sqft": 7455
},
"lease_terms": {
"effective_date": "2024-01-12",
"commencement_date": "2024-04-03",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 30062.29,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.41%)",
"estimated_monthly_amount_usd": 4509.34
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.15%)",
"estimated_monthly_amount_usd": 3006.23
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 60124.58,
"late_payment_interest_rate_percent": 11.9
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Georgia",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Kelly-Garcia Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Kelly-Garcia Properties",
"Sullivan 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-2024-9209
Status: Executed
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, White, Johnson and Harris LLC, and the Tenant, Fisher, Moss and Shaw. The team is preparing for the 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 Partial unit 45 in Building 7 at the property located at 5642 Lynch Forks Apt. 596
Raymondstad, RI 00773. This Office facility consists of approximately 18428 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-05, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $72,790.60. This figure is scheduled for an annual increase based on a 3.67% escalation rate. A security deposit of $145,581.20 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Fisher, Moss and Shaw 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 White, Johnson and Harris 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-2024-9209",
"parties": {
"lessor_details": {
"name": "White, Johnson and Harris LLC",
"entity_type": "Corporation",
"address": "96959 Wilson Highway Suite 426\nLopezton, AZ 34297"
},
"lessee_details": {
"name": "Fisher, Moss and Shaw",
"entity_type": "Corporation",
"address": "85307 Harris Forks Apt. 943\nBrookeport, FL 67689"
}
},
"property_details": {
"address": "5642 Lynch Forks Apt. 596\nRaymondstad, RI 00773",
"property_type": "Office",
"lease_area_description": "Partial unit 45 in Building 7",
"square_footage_sqft": 18428
},
"lease_terms": {
"effective_date": "2024-04-13",
"commencement_date": "2024-06-05",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 72790.6,
"annual_escalation_rate_percent": 3.67,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (5.68%)",
"estimated_monthly_amount_usd": 10918.59
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.81%)",
"estimated_monthly_amount_usd": 7279.06
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 145581.2,
"late_payment_interest_rate_percent": 8.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"White, Johnson and Harris LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"White, Johnson and Harris LLC",
"Perry 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-2023-9554
Status: Executed
Governing Jurisdiction: New Jersey
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fowler-Taylor LLC, and the Tenant, Krueger, Johnson and Coleman. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-16.
The subject of this lease concerns the Partial unit 8 in Building 7 at the property located at 97752 Taylor Street
Morenomouth, IL 93312. 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 2023-11-20, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $6,631.78. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $6,631.78 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
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 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-2023-9554",
"parties": {
"lessor_details": {
"name": "Fowler-Taylor LLC",
"entity_type": "LLC",
"address": "692 Brian Pines Apt. 181\nLoriville, WY 63281"
},
"lessee_details": {
"name": "Krueger, Johnson and Coleman",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "97752 Taylor Street\nMorenomouth, IL 93312",
"property_type": "Mixed-Use",
"lease_area_description": "Partial unit 8 in Building 7"
},
"lease_terms": {
"effective_date": "2023-10-16",
"commencement_date": "2023-11-20",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 6631.78,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.32%)",
"estimated_monthly_amount_usd": 994.77
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (23.80%)",
"estimated_monthly_amount_usd": 663.18
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 6631.78,
"late_payment_interest_rate_percent": 15.4
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Jersey",
"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-2024-2154
Status: Draft
Governing Jurisdiction: Nebraska
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fisher, Davis and Garrett Properties, and the Tenant, White-Davis. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-11.
The subject of this lease concerns the Partial floor 46B in Building 3 at the property located at 73813 Hayden Stream Suite 292
Youngfurt, AK 32423. This Mixed-Use facility consists of approximately 7393 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-27, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $13,060.97. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $26,121.94 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, White-Davis is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Fisher, Davis and Garrett Properties. 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-2024-2154",
"parties": {
"lessor_details": {
"name": "Fisher, Davis and Garrett Properties",
"entity_type": "LLC",
"address": "4598 Cook Fort Suite 201\nMonicaville, IA 34308"
},
"lessee_details": {
"name": "White-Davis",
"entity_type": "Corporation",
"address": "0690 Burke Oval Apt. 107\nNorth Christine, DE 43395"
}
},
"property_details": {
"address": "73813 Hayden Stream Suite 292\nYoungfurt, AK 32423",
"property_type": "Mixed-Use",
"lease_area_description": "Partial floor 46B in Building 3",
"square_footage_sqft": 7393
},
"lease_terms": {
"effective_date": "2024-06-11",
"commencement_date": "2024-06-27",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 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."
},
{
"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": 13060.97,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.39%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.67%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 26121.94
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Nebraska",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Fisher, Davis and Garrett Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Fisher, Davis and Garrett Properties",
"Kelly-Silva 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-2024-9919
Status: Under Review
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Martin-Craig Inc., and the Tenant, Bell-Mosley. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-18.
The subject of this lease concerns the Entire floor 46A in Building 2 at the property located at 36352 Richard Branch
Ericchester, LA 20340. This Warehouse facility consists of approximately 19009 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-25, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $89,373.98. This figure is scheduled for an annual increase based on a 3.08% escalation rate. A security deposit of $178,747.96 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 14.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9919",
"parties": {
"lessor_details": {
"name": "Martin-Craig Inc.",
"entity_type": "LLC",
"address": "0586 Wilcox Station Apt. 475\nNorth Brandi, GA 99302"
},
"lessee_details": {
"name": "Bell-Mosley",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "36352 Richard Branch\nEricchester, LA 20340",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 46A in Building 2",
"square_footage_sqft": 19009
},
"lease_terms": {
"effective_date": "2024-06-18",
"commencement_date": "2024-07-25",
"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": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 89373.98,
"annual_escalation_rate_percent": 3.08,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.08%)",
"estimated_monthly_amount_usd": 13406.1
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.35%)",
"estimated_monthly_amount_usd": 8937.4
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 178747.96,
"late_payment_interest_rate_percent": 14.7
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"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-2024-9855
Status: Under Review
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Smith-Miller LLC, and the Tenant, Davis-Rivers. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-05.
The subject of this lease concerns the Partial unit 31B in Building 6 at the property located at 249 Williams Rest
Davidburgh, PW 98904. This Office facility consists of approximately 1936 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-31, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $4,591.55. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $9,183.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
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-2024-9855",
"parties": {
"lessor_details": {
"name": "Smith-Miller LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Davis-Rivers",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "249 Williams Rest\nDavidburgh, PW 98904",
"property_type": "Office",
"lease_area_description": "Partial unit 31B in Building 6",
"square_footage_sqft": 1936
},
"lease_terms": {
"effective_date": "2024-07-05",
"commencement_date": "2024-08-31",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 4591.55,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (10.14%)",
"estimated_monthly_amount_usd": 688.73
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.36%)",
"estimated_monthly_amount_usd": 459.16
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 9183.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"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-2023-3793
Status: Executed
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Reed-Maldonado Ventures, and the Tenant, Hunter-Nolan. The team is preparing for the 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 suite 17A in Building 10 at the property located at 6391 Kelsey Roads
Port Sue, NH 51025. This Retail facility consists of approximately 17527 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-28, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $77,045.77. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $77,045.77 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.
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-2023-3793",
"parties": {
"lessor_details": {
"name": "Reed-Maldonado Ventures",
"entity_type": "LLC",
"address": "5453 Fischer Gateway Suite 479\nRyanstad, AS 62546"
},
"lessee_details": {
"name": "Hunter-Nolan",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "6391 Kelsey Roads\nPort Sue, NH 51025",
"property_type": "Retail",
"lease_area_description": "Partial suite 17A in Building 10",
"square_footage_sqft": 17527
},
"lease_terms": {
"effective_date": "2023-09-16",
"commencement_date": "2023-10-28",
"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": "Fixed 3% annual increase"
}
],
"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": 77045.77,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (20.86%)",
"estimated_monthly_amount_usd": 11556.87
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.41%)",
"estimated_monthly_amount_usd": 7704.58
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 77045.77
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Ohio",
"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-2023-3792
Status: Draft
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Munoz, Hanson and Bailey Holdings, and the Tenant, Fischer, Foley and Williams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-05.
The subject of this lease concerns the Partial floor 38 in Building 8 at the property located at 0659 Harris Route Apt. 308
Lake Jose, ID 01243. 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 2023-12-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $121,135.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $242,270.00 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, Fischer, Foley and Williams is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Munoz, Hanson and Bailey Holdings. 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 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-2023-3792",
"parties": {
"lessor_details": {
"name": "Munoz, Hanson and Bailey Holdings",
"entity_type": "Corporation",
"address": "06471 Baker Isle\nWest Anthonyton, TN 85702"
},
"lessee_details": {
"name": "Fischer, Foley and Williams",
"entity_type": "S-Corp",
"address": "PSC 9885, Box 1627\nAPO AE 87861"
}
},
"property_details": {
"address": "0659 Harris Route Apt. 308\nLake Jose, ID 01243",
"property_type": "Industrial",
"lease_area_description": "Partial floor 38 in Building 8"
},
"lease_terms": {
"effective_date": "2023-11-05",
"commencement_date": "2023-12-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"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."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 121135.0,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.27%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.21%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 242270.0,
"late_payment_interest_rate_percent": 9.3
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Munoz, Hanson and Bailey Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Munoz, Hanson and Bailey Holdings",
"Davis, Thomas and Barrett 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-2023-2478
Status: Executed
Governing Jurisdiction: Kansas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Edwards Inc Inc., and the Tenant, Dunn, Roberts and Thompson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-16.
The subject of this lease concerns the Partial suite 3A in Building 9 at the property located at 55339 Rebecca Grove Suite 332
Katietown, MO 01042. This Office facility consists of the specified area and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-09, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $3,015.49. This figure is scheduled for an annual increase based on a 1.69% escalation rate. A security deposit of $3,015.49 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Dunn, Roberts and Thompson is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Edwards Inc Inc.. Late payments of rent will accrue interest at a rate of 9.2% 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-2023-2478",
"parties": {
"lessor_details": {
"name": "Edwards Inc Inc.",
"entity_type": "Limited Partnership",
"address": "5127 Walter Mission\nTroyfurt, MP 70786"
},
"lessee_details": {
"name": "Dunn, Roberts and Thompson",
"entity_type": "LLC",
"address": "64707 Taylor Branch\nPatriciamouth, MD 22850"
}
},
"property_details": {
"address": "55339 Rebecca Grove Suite 332\nKatietown, MO 01042",
"property_type": "Office",
"lease_area_description": "Partial suite 3A in Building 9"
},
"lease_terms": {
"effective_date": "2023-11-16",
"commencement_date": "2023-12-09",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 3015.49,
"annual_escalation_rate_percent": 1.69,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.36%)",
"estimated_monthly_amount_usd": 452.32
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.78%)",
"estimated_monthly_amount_usd": 301.55
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 3015.49,
"late_payment_interest_rate_percent": 9.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kansas",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Edwards Inc Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Edwards Inc Inc.",
"Summers, Hayes and Price 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-2023-9696
Status: Draft
Governing Jurisdiction: Mississippi
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Welch and Sons Ventures, and the Tenant, West 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 2023-09-11.
The subject of this lease concerns the Partial suite 12 in Building 5 at the property located at Unit 4400 Box 8333
DPO AA 76012. This Retail facility consists of approximately 8612 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-26, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $11,762.56. This figure is scheduled for an annual increase based on a 1.9% escalation rate. A security deposit of $11,762.56 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to 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, West 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 Welch and Sons Ventures. Late payments of rent will accrue interest at a rate of 7.3% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-9696",
"parties": {
"lessor_details": {
"name": "Welch and Sons Ventures",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "West Inc",
"entity_type": "LLC"
}
},
"property_details": {
"address": "Unit 4400 Box 8333\nDPO AA 76012",
"property_type": "Retail",
"lease_area_description": "Partial suite 12 in Building 5",
"square_footage_sqft": 8612
},
"lease_terms": {
"effective_date": "2023-09-11",
"commencement_date": "2023-10-26",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 11762.56,
"annual_escalation_rate_percent": 1.9,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 1764.38
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 1176.26
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 11762.56,
"late_payment_interest_rate_percent": 7.3
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Mississippi",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Welch and Sons Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Welch and Sons Ventures",
"Dorsey-Parker 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-2024-3606
Status: Under Review
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams-Coleman Holdings, and the Tenant, Benton Inc. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-03.
The subject of this lease concerns the Partial suite 37 in Building 4 at the property located at 88225 Payne Cliffs
West Brian, KY 59945. This Mixed-Use facility consists of approximately 36648 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-06, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $117,243.06. This figure is scheduled for an annual increase based on a 3.62% escalation rate. A security deposit of $234,486.12 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, Benton 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 Williams-Coleman Holdings.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3606",
"parties": {
"lessor_details": {
"name": "Williams-Coleman Holdings",
"entity_type": "LLC",
"address": "347 Robert Fort\nSouth Jennifer, UT 13147"
},
"lessee_details": {
"name": "Benton Inc",
"entity_type": "LLC"
}
},
"property_details": {
"address": "88225 Payne Cliffs\nWest Brian, KY 59945",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 37 in Building 4",
"square_footage_sqft": 36648
},
"lease_terms": {
"effective_date": "2024-07-03",
"commencement_date": "2024-08-06",
"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
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 117243.06,
"annual_escalation_rate_percent": 3.62,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.84%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.92%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 234486.12
},
"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": [
"Williams-Coleman Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Williams-Coleman Holdings",
"Webb-Gordon Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6691
Status: Amended
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Davenport-Rice LLC, and the Tenant, Sawyer, Walker and Odonnell. The team is preparing for the 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 27B in Building 4 at the property located at 73308 Shaw Street Suite 990
West Corey, KY 13764. This Mixed-Use facility consists of approximately 44079 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-14, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $170,108.21. This figure is scheduled for an annual increase based on a 2.11% escalation rate. A security deposit of $170,108.21 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 CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Sawyer, Walker and Odonnell 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 Davenport-Rice LLC. Late payments of rent will accrue interest at a rate of 6.5% 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-2024-6691",
"parties": {
"lessor_details": {
"name": "Davenport-Rice LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Sawyer, Walker and Odonnell",
"entity_type": "LLC",
"address": "54793 Yolanda Mission Suite 282\nMillsshire, NC 32452"
}
},
"property_details": {
"address": "73308 Shaw Street Suite 990\nWest Corey, KY 13764",
"property_type": "Mixed-Use",
"lease_area_description": "Partial suite 27B in Building 4",
"square_footage_sqft": 44079
},
"lease_terms": {
"effective_date": "2024-05-25",
"commencement_date": "2024-06-14",
"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": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 170108.21,
"annual_escalation_rate_percent": 2.11,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.02%)",
"estimated_monthly_amount_usd": 25516.23
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.58%)",
"estimated_monthly_amount_usd": 17010.82
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 170108.21,
"late_payment_interest_rate_percent": 6.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Davenport-Rice LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Davenport-Rice LLC",
"Garcia 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-2024-5026
Status: Executed
Governing Jurisdiction: Pennsylvania
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Yang-Proctor Properties, and the Tenant, Garcia, Myers and Herrera. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-16.
The subject of this lease concerns the Entire suite 41A in Building 6 at the property located at 314 Wagner Mills
New Markfort, WI 29941. This Office facility consists of approximately 6815 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-09, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $26,010.58. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $52,021.16 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, Garcia, Myers and Herrera 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 Yang-Proctor Properties. Late payments of rent will accrue interest at a rate of 10.2% 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 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-2024-5026",
"parties": {
"lessor_details": {
"name": "Yang-Proctor Properties",
"entity_type": "Corporation",
"address": "PSC 6602, Box 2601\nAPO AA 93041"
},
"lessee_details": {
"name": "Garcia, Myers and Herrera",
"entity_type": "S-Corp",
"address": "468 Daniel Cliffs\nNew Michael, MP 60847"
}
},
"property_details": {
"address": "314 Wagner Mills\nNew Markfort, WI 29941",
"property_type": "Office",
"lease_area_description": "Entire suite 41A in Building 6",
"square_footage_sqft": 6815
},
"lease_terms": {
"effective_date": "2024-04-16",
"commencement_date": "2024-07-09",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "8 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": 26010.58,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.93%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (14.05%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 52021.16,
"late_payment_interest_rate_percent": 10.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Pennsylvania",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Yang-Proctor Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Yang-Proctor Properties",
"Taylor 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-2023-6481
Status: Amended
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gutierrez-Dominguez Holdings, and the Tenant, Palmer, Hall and Case. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-09-24.
The subject of this lease concerns the Entire floor 9A in Building 1 at the property located at 8416 Susan View Apt. 919
North Michelle, FL 85756. 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 2023-11-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $10,936.02. This figure is scheduled for an annual increase based on a 3.82% escalation rate. A security deposit of $10,936.02 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, Palmer, Hall and Case 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 Gutierrez-Dominguez Holdings. Note the existence of a Co-tenancy Failure 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-2023-6481",
"parties": {
"lessor_details": {
"name": "Gutierrez-Dominguez Holdings",
"entity_type": "Corporation",
"address": "17123 Cox Court Suite 856\nGuzmanberg, NY 28839"
},
"lessee_details": {
"name": "Palmer, Hall and Case",
"entity_type": "Corporation",
"address": "44414 Jody Junctions Apt. 252\nSouth Ronald, LA 07788"
}
},
"property_details": {
"address": "8416 Susan View Apt. 919\nNorth Michelle, FL 85756",
"property_type": "Office",
"lease_area_description": "Entire floor 9A in Building 1"
},
"lease_terms": {
"effective_date": "2023-09-24",
"commencement_date": "2023-11-15",
"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": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 10936.02,
"annual_escalation_rate_percent": 3.82,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.59%)",
"estimated_monthly_amount_usd": 1640.4
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.85%)",
"estimated_monthly_amount_usd": 1093.6
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 10936.02
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Gutierrez-Dominguez Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Gutierrez-Dominguez Holdings",
"Richardson, Drake and Pennington 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-2024-3744
Status: Executed
Governing Jurisdiction: Maryland
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Moran, Holland and Mitchell Holdings, and the Tenant, Moran-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 2024-02-16.
The subject of this lease concerns the Partial suite 10B in Building 3 at the property located at 568 Olivia Branch
New Patricia, ID 75852. 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 2024-04-09, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $47,390.34. This figure is scheduled for an annual increase based on a 1.94% escalation rate. A security deposit of $94,780.68 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 is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 16.1% per annum. Note the existence of a 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-2024-3744",
"parties": {
"lessor_details": {
"name": "Moran, Holland and Mitchell Holdings",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Moran-Williams",
"entity_type": "LLC",
"address": "6735 Kyle Trail Suite 483\nTaylorburgh, AK 60109"
}
},
"property_details": {
"address": "568 Olivia Branch\nNew Patricia, ID 75852",
"property_type": "Industrial",
"lease_area_description": "Partial suite 10B in Building 3"
},
"lease_terms": {
"effective_date": "2024-02-16",
"commencement_date": "2024-04-09",
"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
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 47390.34,
"annual_escalation_rate_percent": 1.94,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.47%)",
"estimated_monthly_amount_usd": 7108.55
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.62%)",
"estimated_monthly_amount_usd": 4739.03
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 94780.68,
"late_payment_interest_rate_percent": 16.1
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Maryland",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-6735
Status: Draft
Governing Jurisdiction: Florida
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Perkins and Sons Inc., and the Tenant, Robinson and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-06-30.
The subject of this lease concerns the Partial unit 1B in Building 3 at the property located at 0282 Margaret Junction
Diazstad, CA 20490. This Warehouse facility consists of approximately 3178 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-06, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $4,526.00. This figure is scheduled for an annual increase based on a 2.17% escalation rate. A security deposit of $4,526.00 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, Robinson 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 Perkins and Sons Inc.. Late payments of rent will accrue interest at a rate of 15.2% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 11 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-6735",
"parties": {
"lessor_details": {
"name": "Perkins and Sons Inc.",
"entity_type": "Limited Partnership",
"address": "82583 Mark Isle\nLake Michaelshire, MT 08093"
},
"lessee_details": {
"name": "Robinson and Sons",
"entity_type": "Corporation",
"address": "2537 Maxwell Cove Suite 592\nSalasside, MT 63373"
}
},
"property_details": {
"address": "0282 Margaret Junction\nDiazstad, CA 20490",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 1B in Building 3",
"square_footage_sqft": 3178
},
"lease_terms": {
"effective_date": "2024-06-30",
"commencement_date": "2024-07-06",
"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": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 4526.0,
"annual_escalation_rate_percent": 2.17,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.44%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.30%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 4526.0,
"late_payment_interest_rate_percent": 15.2
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Florida",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Perkins and Sons Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Perkins and Sons Inc.",
"Smith-Kennedy 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-2024-6113
Status: Executed
Governing Jurisdiction: Missouri
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Greene, Burke and Charles Inc., and the Tenant, Lewis, Long and Bell. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-03.
The subject of this lease concerns the Entire floor 14B in Building 1 at the property located at 966 Michael Ridges Apt. 111
Port Christian, CT 91137. This Mixed-Use facility consists of approximately 5974 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-13, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $8,851.48. This figure is scheduled for an annual increase based on a 3.76% escalation rate. A security deposit of $8,851.48 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, Lewis, Long and Bell 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 Greene, Burke and Charles Inc.. 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-2024-6113",
"parties": {
"lessor_details": {
"name": "Greene, Burke and Charles Inc.",
"entity_type": "Limited Partnership",
"address": "358 Brian Spring Apt. 756\nEast Kaylaton, NV 51889"
},
"lessee_details": {
"name": "Lewis, Long and Bell",
"entity_type": "LLC",
"address": "57058 Joseph Stream Suite 717\nLewismouth, DC 81002"
}
},
"property_details": {
"address": "966 Michael Ridges Apt. 111\nPort Christian, CT 91137",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 14B in Building 1",
"square_footage_sqft": 5974
},
"lease_terms": {
"effective_date": "2024-03-03",
"commencement_date": "2024-03-13",
"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": 270
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 8851.48,
"annual_escalation_rate_percent": 3.76,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.58%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.15%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 8851.48,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Missouri",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Greene, Burke and Charles Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Greene, Burke and Charles Inc.",
"Johnson, Turner and Allen Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-3972
Status: Under Review
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Lawrence-Kelly Inc., and the Tenant, Burgess, Randall and Ewing. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-01-24.
The subject of this lease concerns the Partial unit 11A in Building 2 at the property located at 1569 Antonio Track Apt. 584
Arellanoshire, FL 82308. This Office facility consists of approximately 23478 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-06, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $117,350.87. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $234,701.74 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.
Late payments of rent will accrue interest at a rate of 8.0% 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 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-2024-3972",
"parties": {
"lessor_details": {
"name": "Lawrence-Kelly Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Burgess, Randall and Ewing",
"entity_type": "LLC"
}
},
"property_details": {
"address": "1569 Antonio Track Apt. 584\nArellanoshire, FL 82308",
"property_type": "Office",
"lease_area_description": "Partial unit 11A in Building 2",
"square_footage_sqft": 23478
},
"lease_terms": {
"effective_date": "2024-01-24",
"commencement_date": "2024-02-06",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 117350.87,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.13%)",
"estimated_monthly_amount_usd": 17602.63
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.55%)",
"estimated_monthly_amount_usd": 11735.09
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 234701.74,
"late_payment_interest_rate_percent": 8.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Ohio",
"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-2024-9501
Status: Executed
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wilkerson Group Properties, and the Tenant, Morgan, Harris and Bass. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-25.
The subject of this lease concerns the Partial unit 27B in Building 3 at the property located at 53083 Tony Groves Apt. 007
Jordantown, LA 76953. This Industrial facility consists of approximately 5059 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $24,658.41. This figure is scheduled for an annual increase based on a 1.55% escalation rate. A security deposit of $24,658.41 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, Morgan, Harris and Bass is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Wilkerson Group Properties. Late payments of rent will accrue interest at a rate of 12.3% 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-2024-9501",
"parties": {
"lessor_details": {
"name": "Wilkerson Group Properties",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Morgan, Harris and Bass",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "53083 Tony Groves Apt. 007\nJordantown, LA 76953",
"property_type": "Industrial",
"lease_area_description": "Partial unit 27B in Building 3",
"square_footage_sqft": 5059
},
"lease_terms": {
"effective_date": "2024-07-25",
"commencement_date": "2024-10-06",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": false,
"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": 24658.41,
"annual_escalation_rate_percent": 1.55,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.30%)",
"estimated_monthly_amount_usd": 3698.76
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.84%)",
"estimated_monthly_amount_usd": 2465.84
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 24658.41,
"late_payment_interest_rate_percent": 12.3
},
"permitted_use": "Light manufacturing and assembly 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": [
"Wilkerson Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Wilkerson Group Properties",
"Sparks, Yoder 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-2023-1630
Status: Amended
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams Inc LLC, and the Tenant, Floyd 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 2023-11-26.
The subject of this lease concerns the Partial floor 1B in Building 1 at the property located at 3714 Donald Tunnel
Robertmouth, DC 80571. 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 2024-01-25, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $94,641.96. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $189,283.92 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 11.2% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 60 days' notice and involves a penalty structured as 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-2023-1630",
"parties": {
"lessor_details": {
"name": "Williams Inc LLC",
"entity_type": "LLC",
"address": "32443 Mario Islands\nNew Darrell, WA 17577"
},
"lessee_details": {
"name": "Floyd Ltd",
"entity_type": "Corporation",
"address": "13697 Garcia Pine Apt. 731\nJosephport, MP 46174"
}
},
"property_details": {
"address": "3714 Donald Tunnel\nRobertmouth, DC 80571",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 1B in Building 1"
},
"lease_terms": {
"effective_date": "2023-11-26",
"commencement_date": "2024-01-25",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"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": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"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": 94641.96,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.50%)",
"estimated_monthly_amount_usd": 14196.29
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.88%)",
"estimated_monthly_amount_usd": 9464.2
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 189283.92,
"late_payment_interest_rate_percent": 11.2
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"document_status": "Amended"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8237
Status: Under Review
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jones, Chan and Smith Properties, and the Tenant, Mitchell, Brown and Rivera. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-09.
The subject of this lease concerns the Entire unit 36A in Building 1 at the property located at 60465 Stefanie Courts Apt. 591
Annaberg, NC 88281. 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 2024-07-05, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $9,749.03. This figure is scheduled for an annual increase based on a 2.71% escalation rate. A security deposit of $19,498.06 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.
Late payments of rent will accrue interest at a rate of 12.1% 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 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-2024-8237",
"parties": {
"lessor_details": {
"name": "Jones, Chan and Smith Properties",
"entity_type": "Limited Partnership",
"address": "380 Geoffrey Roads Suite 300\nNew Michelle, MT 38214"
},
"lessee_details": {
"name": "Mitchell, Brown and Rivera",
"entity_type": "S-Corp",
"address": "783 Joseph Mall\nAbigailmouth, WV 86100"
}
},
"property_details": {
"address": "60465 Stefanie Courts Apt. 591\nAnnaberg, NC 88281",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 36A in Building 1"
},
"lease_terms": {
"effective_date": "2024-04-09",
"commencement_date": "2024-07-05",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 9749.03,
"annual_escalation_rate_percent": 2.71,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (15.10%)",
"estimated_monthly_amount_usd": 1462.35
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.95%)",
"estimated_monthly_amount_usd": 974.9
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 19498.06,
"late_payment_interest_rate_percent": 12.1
},
"permitted_use": "Light manufacturing and assembly 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-2024-3973
Status: Executed
Governing Jurisdiction: New Mexico
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jimenez, Cruz and Vaughan Inc., and the Tenant, Lee, Jennings and Watson. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-22.
The subject of this lease concerns the Entire unit 40 in Building 6 at the property located at 086 Jackson Village Suite 488
North Colleen, ME 56907. 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 2024-10-15, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $153,678.56. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $307,357.12 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, Lee, Jennings and Watson 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 Jimenez, Cruz and Vaughan Inc.. Late payments of rent will accrue interest at a rate of 17.1% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 180 days' notice and involves a penalty structured as 12 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-3973",
"parties": {
"lessor_details": {
"name": "Jimenez, Cruz and Vaughan Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Lee, Jennings and Watson",
"entity_type": "S-Corp",
"address": "USCGC Young\nFPO AE 09730"
}
},
"property_details": {
"address": "086 Jackson Village Suite 488\nNorth Colleen, ME 56907",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 40 in Building 6"
},
"lease_terms": {
"effective_date": "2024-07-22",
"commencement_date": "2024-10-15",
"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": 365
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 60,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 153678.56,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (14.00%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.83%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 307357.12,
"late_payment_interest_rate_percent": 17.1
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "New Mexico",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Jimenez, Cruz and Vaughan Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Jimenez, Cruz and Vaughan Inc.",
"Jenkins 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-2024-8063
Status: Executed
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ruiz, Norman and Bennett Ventures, and the Tenant, Morgan 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 2024-06-09.
The subject of this lease concerns the Entire suite 11 in Building 1 at the property located at 82721 Erin Meadow Apt. 514
New Nicholas, CO 26500. 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 2024-09-05, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $95,964.05. This figure is scheduled for an annual increase based on a 3.74% escalation rate. A security deposit of $191,928.10 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-8063",
"parties": {
"lessor_details": {
"name": "Ruiz, Norman and Bennett Ventures",
"entity_type": "Limited Partnership",
"address": "078 Thompson Groves Apt. 708\nDuffyburgh, NC 65883"
},
"lessee_details": {
"name": "Morgan Ltd",
"entity_type": "S-Corp",
"address": "97405 Stevens Estates Suite 185\nWest Tracy, TX 04496"
}
},
"property_details": {
"address": "82721 Erin Meadow Apt. 514\nNew Nicholas, CO 26500",
"property_type": "Retail",
"lease_area_description": "Entire suite 11 in Building 1"
},
"lease_terms": {
"effective_date": "2024-06-09",
"commencement_date": "2024-09-05",
"initial_term_months": 120,
"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": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "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": 95964.05,
"annual_escalation_rate_percent": 3.74,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (7.60%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (15.28%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 191928.1
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"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-2023-9962
Status: Under Review
Governing Jurisdiction: North Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, English Ltd Properties, and the Tenant, Huber-Boyer. The team is preparing for the 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 20B in Building 8 at the property located at 900 Campbell Circle
Ruthstad, AR 57187. 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 2023-10-14, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $99,629.38. This figure is scheduled for an annual increase based on a 1.58% escalation rate. A security deposit of $99,629.38 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 12.9% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-9962",
"parties": {
"lessor_details": {
"name": "English Ltd Properties",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Huber-Boyer",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "900 Campbell Circle\nRuthstad, AR 57187",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 20B in Building 8"
},
"lease_terms": {
"effective_date": "2023-08-28",
"commencement_date": "2023-10-14",
"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%"
},
{
"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": 99629.38,
"annual_escalation_rate_percent": 1.58,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.99%)",
"estimated_monthly_amount_usd": 14944.41
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.53%)",
"estimated_monthly_amount_usd": 9962.94
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 99629.38,
"late_payment_interest_rate_percent": 12.9
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "North Carolina",
"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-2024-1505
Status: Amended
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams, Woods and Terry Ventures, and the Tenant, Brewer-Jenkins. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-23.
The subject of this lease concerns the Entire floor 20 in Building 10 at the property located at 434 Woods Corner Suite 109
South Henrymouth, NH 96966. This Industrial facility consists of approximately 32399 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-06, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $43,360.66. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $86,721.32 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.
Late payments of rent will accrue interest at a rate of 17.1% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1505",
"parties": {
"lessor_details": {
"name": "Williams, Woods and Terry Ventures",
"entity_type": "Corporation",
"address": "PSC 0107, Box 8594\nAPO AA 62162"
},
"lessee_details": {
"name": "Brewer-Jenkins",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "434 Woods Corner Suite 109\nSouth Henrymouth, NH 96966",
"property_type": "Industrial",
"lease_area_description": "Entire floor 20 in Building 10",
"square_footage_sqft": 32399
},
"lease_terms": {
"effective_date": "2024-07-23",
"commencement_date": "2024-08-06",
"initial_term_months": 60,
"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": "Fair Market Value"
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 43360.66,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.50%)",
"estimated_monthly_amount_usd": 6504.1
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (17.21%)",
"estimated_monthly_amount_usd": 4336.07
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 86721.32,
"late_payment_interest_rate_percent": 17.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Colorado",
"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-2024-6977
Status: Amended
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Rose and Sons Inc., and the Tenant, Avila and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-02.
The subject of this lease concerns the Partial suite 2A in Building 5 at the property located at 01574 Suarez Stravenue Apt. 353
South Erinfurt, GU 42889. This Warehouse facility consists of approximately 42204 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-17, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $98,335.32. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $98,335.32 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, Avila and Sons is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Rose and Sons Inc.. Late payments of rent will accrue interest at a rate of 13.5% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 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-2024-6977",
"parties": {
"lessor_details": {
"name": "Rose and Sons Inc.",
"entity_type": "Limited Partnership",
"address": "092 Johnson Highway Apt. 444\nLeahfort, UT 95735"
},
"lessee_details": {
"name": "Avila and Sons",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "01574 Suarez Stravenue Apt. 353\nSouth Erinfurt, GU 42889",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 2A in Building 5",
"square_footage_sqft": 42204
},
"lease_terms": {
"effective_date": "2024-05-02",
"commencement_date": "2024-05-17",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
},
{
"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": "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": 98335.32,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (24.65%)",
"estimated_monthly_amount_usd": 14750.3
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (7.54%)",
"estimated_monthly_amount_usd": 9833.53
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 98335.32,
"late_payment_interest_rate_percent": 13.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rose and Sons Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Rose and Sons Inc.",
"Tanner, Wagner and Lewis 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-2024-2732
Status: Under Review
Governing Jurisdiction: Georgia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Randolph-Williams Properties, and the Tenant, Kane, Harris and Thomas. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-25.
The subject of this lease concerns the Entire floor 43A in Building 4 at the property located at Unit 3856 Box 8529
DPO AP 67171. This Mixed-Use facility consists of approximately 33670 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-04, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $116,385.97. This figure is scheduled for an annual increase based on a 1.53% escalation rate. A security deposit of $116,385.97 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.
Per section 10.1, Kane, Harris and Thomas 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 Randolph-Williams Properties. Late payments of rent will accrue interest at a rate of 9.1% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2024-2732",
"parties": {
"lessor_details": {
"name": "Randolph-Williams Properties",
"entity_type": "Limited Partnership",
"address": "605 Shelton Place\nEast Jasminemouth, TX 69857"
},
"lessee_details": {
"name": "Kane, Harris and Thomas",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "Unit 3856 Box 8529\nDPO AP 67171",
"property_type": "Mixed-Use",
"lease_area_description": "Entire floor 43A in Building 4",
"square_footage_sqft": 33670
},
"lease_terms": {
"effective_date": "2024-04-25",
"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": 270
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "10 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 116385.97,
"annual_escalation_rate_percent": 1.53,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.80%)",
"estimated_monthly_amount_usd": 17457.9
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.16%)",
"estimated_monthly_amount_usd": 11638.6
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 116385.97,
"late_payment_interest_rate_percent": 9.1
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Georgia",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Randolph-Williams Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Randolph-Williams Properties",
"Cox LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-8738
Status: Draft
Governing Jurisdiction: Wisconsin
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Young, Jackson and Hansen Properties, and the Tenant, Henry, Mueller and Navarro. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-04-03.
The subject of this lease concerns the Entire unit 23B in Building 3 at the property located at 11527 Cheryl Plaza Suite 974
Bryceport, NH 82267. This Retail facility consists of approximately 6491 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-25, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $13,268.69. This figure is scheduled for an annual increase based on a 3.18% escalation rate. A security deposit of $13,268.69 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.
Late payments of rent will accrue interest at a rate of 11.2% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-8738",
"parties": {
"lessor_details": {
"name": "Young, Jackson and Hansen Properties",
"entity_type": "Corporation",
"address": "4864 Jimenez Inlet Apt. 063\nDavidfort, NE 45272"
},
"lessee_details": {
"name": "Henry, Mueller and Navarro",
"entity_type": "LLC",
"address": "17482 Jacob Tunnel Apt. 178\nMillershire, CA 27015"
}
},
"property_details": {
"address": "11527 Cheryl Plaza Suite 974\nBryceport, NH 82267",
"property_type": "Retail",
"lease_area_description": "Entire unit 23B in Building 3",
"square_footage_sqft": 6491
},
"lease_terms": {
"effective_date": "2024-04-03",
"commencement_date": "2024-04-25",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 13268.69,
"annual_escalation_rate_percent": 3.18,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.21%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.98%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 13268.69,
"late_payment_interest_rate_percent": 11.2
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Wisconsin",
"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-2024-5449
Status: Amended
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Stein-Smith Ventures, and the Tenant, Myers-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 2024-06-05.
The subject of this lease concerns the Partial floor 32A in Building 5 at the property located at 06820 Thompson Crossing Apt. 828
Lake Victoria, TN 06135. This Warehouse facility consists of approximately 38246 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-07-16, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $182,847.75. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $182,847.75 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, Myers-Lopez 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 Stein-Smith Ventures. Late payments of rent will accrue interest at a rate of 17.5% per annum. Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-5449",
"parties": {
"lessor_details": {
"name": "Stein-Smith Ventures",
"entity_type": "Corporation",
"address": "610 Ferguson Pines Suite 052\nThomasville, UT 99103"
},
"lessee_details": {
"name": "Myers-Lopez",
"entity_type": "LLC",
"address": "091 Scott Junctions Suite 461\nLake Lauraburgh, MN 34518"
}
},
"property_details": {
"address": "06820 Thompson Crossing Apt. 828\nLake Victoria, TN 06135",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 32A in Building 5",
"square_footage_sqft": 38246
},
"lease_terms": {
"effective_date": "2024-06-05",
"commencement_date": "2024-07-16",
"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": "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": 182847.75,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (11.89%)",
"estimated_monthly_amount_usd": 27427.16
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.70%)",
"estimated_monthly_amount_usd": 18284.78
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 182847.75,
"late_payment_interest_rate_percent": 17.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Stein-Smith Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Stein-Smith Ventures",
"Swanson-York 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-2024-1278
Status: Draft
Governing Jurisdiction: Arizona
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Poole PLC Properties, and the Tenant, Martinez-Adams. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-23.
The subject of this lease concerns the Entire suite 45A in Building 4 at the property located at 59243 Gregory Spring Apt. 089
Tinamouth, TN 50213. This Retail facility consists of approximately 15061 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-11, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $39,899.10. This figure is scheduled for an annual increase based on a 3.6% escalation rate. A security deposit of $79,798.20 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 Fixed 3% annual increase. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Martinez-Adams 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 Poole PLC Properties. Late payments of rent will accrue interest at a rate of 15.7% per annum.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-1278",
"parties": {
"lessor_details": {
"name": "Poole PLC Properties",
"entity_type": "Limited Partnership",
"address": "00526 Turner Ramp Apt. 633\nRhodesfurt, MP 77189"
},
"lessee_details": {
"name": "Martinez-Adams",
"entity_type": "LLC",
"address": "04103 Kenneth Freeway\nSouth Sherry, ND 59343"
}
},
"property_details": {
"address": "59243 Gregory Spring Apt. 089\nTinamouth, TN 50213",
"property_type": "Retail",
"lease_area_description": "Entire suite 45A in Building 4",
"square_footage_sqft": 15061
},
"lease_terms": {
"effective_date": "2024-07-23",
"commencement_date": "2024-10-11",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 39899.1,
"annual_escalation_rate_percent": 3.6,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.33%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.01%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 79798.2,
"late_payment_interest_rate_percent": 15.7
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Arizona",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Poole PLC Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Poole PLC Properties",
"Hunter LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-9691
Status: Under Review
Governing Jurisdiction: Colorado
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Evans-Taylor LLC, and the Tenant, Adams, Nunez and Lee. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-07-24.
The subject of this lease concerns the Entire suite 6B in Building 8 at the property located at PSC 7795, Box 3267
APO AA 95661. This Retail facility consists of approximately 22415 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-10-12, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $80,731.36. This figure is scheduled for an annual increase based on a 3.82% escalation rate. A security deposit of $80,731.36 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Adams, Nunez and Lee is required to maintain, at minimum, a Commercial General Liability policy of $5,000,000. The certificate of insurance must name all parties as stipulated, including Evans-Taylor LLC. Late payments of rent will accrue interest at a rate of 7.9% per annum. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 90 days' notice and involves a penalty structured as 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-2024-9691",
"parties": {
"lessor_details": {
"name": "Evans-Taylor LLC",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Adams, Nunez and Lee",
"entity_type": "Corporation",
"address": "932 Omar Port\nEast Veronicachester, CO 32530"
}
},
"property_details": {
"address": "PSC 7795, Box 3267\nAPO AA 95661",
"property_type": "Retail",
"lease_area_description": "Entire suite 6B in Building 8",
"square_footage_sqft": 22415
},
"lease_terms": {
"effective_date": "2024-07-24",
"commencement_date": "2024-10-12",
"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": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"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": 80731.36,
"annual_escalation_rate_percent": 3.82,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.22%)",
"estimated_monthly_amount_usd": 12109.7
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.56%)",
"estimated_monthly_amount_usd": 8073.14
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 80731.36,
"late_payment_interest_rate_percent": 7.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Colorado",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Evans-Taylor LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Evans-Taylor LLC",
"Anderson-Garcia Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1181
Status: Draft
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Sanchez-Johnson LLC, and the Tenant, Allen, Price and Parker. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-26.
The subject of this lease concerns the Partial suite 38B in Building 7 at the property located at 36837 David Well
Lake Daniel, ME 78510. This Office facility consists of the specified area and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-05-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $130,012.07. This figure is scheduled for an annual increase based on a 3.66% escalation rate. A security deposit of $130,012.07 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 Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Allen, Price and Parker 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 Sanchez-Johnson 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-2024-1181",
"parties": {
"lessor_details": {
"name": "Sanchez-Johnson LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Allen, Price and Parker",
"entity_type": "Corporation",
"address": "PSC 3587, Box 2198\nAPO AP 19559"
}
},
"property_details": {
"address": "36837 David Well\nLake Daniel, ME 78510",
"property_type": "Office",
"lease_area_description": "Partial suite 38B in Building 7"
},
"lease_terms": {
"effective_date": "2024-03-26",
"commencement_date": "2024-05-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 130012.07,
"annual_escalation_rate_percent": 3.66,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.35%)",
"estimated_monthly_amount_usd": 19501.81
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (9.76%)",
"estimated_monthly_amount_usd": 13001.21
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 130012.07
},
"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": 5000000,
"named_insureds_required": [
"Sanchez-Johnson LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Sanchez-Johnson LLC",
"Moreno-Hart 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-2023-6941
Status: Draft
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Williams-Davis Holdings, and the Tenant, Vargas, Klein and Scott. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-24.
The subject of this lease concerns the Entire suite 38A in Building 4 at the property located at 66113 Morrison Motorway Apt. 585
Evansfurt, IN 83659. This Office facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-23, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $189,660.42. This figure is scheduled for an annual increase based on a 2.73% escalation rate. A security deposit of $189,660.42 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Vargas, Klein and Scott 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 Williams-Davis Holdings. Late payments of rent will accrue interest at a rate of 13.8% 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 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-2023-6941",
"parties": {
"lessor_details": {
"name": "Williams-Davis Holdings",
"entity_type": "LLC",
"address": "824 Stanley Flat Suite 038\nPort Kimberly, RI 84567"
},
"lessee_details": {
"name": "Vargas, Klein and Scott",
"entity_type": "LLC",
"address": "2368 Jennifer Inlet Suite 652\nEast Mariochester, MO 27748"
}
},
"property_details": {
"address": "66113 Morrison Motorway Apt. 585\nEvansfurt, IN 83659",
"property_type": "Office",
"lease_area_description": "Entire suite 38A in Building 4"
},
"lease_terms": {
"effective_date": "2023-10-24",
"commencement_date": "2023-12-23",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 189660.42,
"annual_escalation_rate_percent": 2.73,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.78%)",
"estimated_monthly_amount_usd": 28449.06
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.74%)",
"estimated_monthly_amount_usd": 18966.04
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 189660.42,
"late_payment_interest_rate_percent": 13.8
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Williams-Davis Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Williams-Davis Holdings",
"Price-Contreras 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-2024-6162
Status: Under Review
Governing Jurisdiction: Minnesota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Davis-Robinson Inc., and the Tenant, Phillips, Chen and Garcia. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-03-22.
The subject of this lease concerns the Entire unit 17A in Building 9 at the property located at 02633 Myers Views Apt. 492
Gutierrezmouth, OH 15871. This Mixed-Use facility consists of approximately 47244 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-06-16, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $178,621.69. This figure is scheduled for an annual increase based on a 3.53% escalation rate. A security deposit of $357,243.38 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to 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, Phillips, Chen and Garcia is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Davis-Robinson 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-2024-6162",
"parties": {
"lessor_details": {
"name": "Davis-Robinson Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Phillips, Chen and Garcia",
"entity_type": "LLC"
}
},
"property_details": {
"address": "02633 Myers Views Apt. 492\nGutierrezmouth, OH 15871",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 17A in Building 9",
"square_footage_sqft": 47244
},
"lease_terms": {
"effective_date": "2024-03-22",
"commencement_date": "2024-06-16",
"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
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": 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": 178621.69,
"annual_escalation_rate_percent": 3.53,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.75%)",
"estimated_monthly_amount_usd": 26793.25
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.35%)",
"estimated_monthly_amount_usd": 17862.17
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 357243.38
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Minnesota",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Davis-Robinson Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Davis-Robinson Inc.",
"Odom, Kelly and Stevens Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-7271
Status: Draft
Governing Jurisdiction: Kentucky
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Singh PLC Holdings, and the Tenant, Wright-Ellis. The team is preparing for the 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 floor 11A in Building 4 at the property located at 02151 Daniel Passage
West Christystad, TX 06204. 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 2024-07-30, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $61,460.65. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $61,460.65 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Wright-Ellis 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 Singh PLC Holdings. Note the existence of a Landlord Recapture Right 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-2024-7271",
"parties": {
"lessor_details": {
"name": "Singh PLC Holdings",
"entity_type": "Limited Partnership",
"address": "Unit 2956 Box 0711\nDPO AE 44932"
},
"lessee_details": {
"name": "Wright-Ellis",
"entity_type": "S-Corp",
"address": "782 David Tunnel Suite 307\nLake Chadmouth, AL 69878"
}
},
"property_details": {
"address": "02151 Daniel Passage\nWest Christystad, TX 06204",
"property_type": "Retail",
"lease_area_description": "Partial floor 11A in Building 4"
},
"lease_terms": {
"effective_date": "2024-05-09",
"commencement_date": "2024-07-30",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"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": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 61460.65,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (6.77%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 61460.65
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Kentucky",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Singh PLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Singh PLC Holdings",
"Thomas-Brown Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-4171
Status: Under Review
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Barrera-Melendez Ventures, and the Tenant, Anderson 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 2024-06-21.
The subject of this lease concerns the Partial unit 8B in Building 2 at the property located at Unit 1938 Box 1161
DPO AA 37237. This Industrial facility consists of approximately 36596 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-23, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $112,898.66. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $112,898.66 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 180 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Anderson Group is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Barrera-Melendez Ventures. Note the existence of a Tenant Early Termination Option clause, which can be triggered with 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-4171",
"parties": {
"lessor_details": {
"name": "Barrera-Melendez Ventures",
"entity_type": "LLC",
"address": "01648 Daniel Flats\nKristenview, VA 82957"
},
"lessee_details": {
"name": "Anderson Group",
"entity_type": "Corporation",
"address": "49515 Smith Roads Apt. 676\nJohnstonborough, ND 41727"
}
},
"property_details": {
"address": "Unit 1938 Box 1161\nDPO AA 37237",
"property_type": "Industrial",
"lease_area_description": "Partial unit 8B in Building 2",
"square_footage_sqft": 36596
},
"lease_terms": {
"effective_date": "2024-06-21",
"commencement_date": "2024-08-23",
"initial_term_months": 120,
"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": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 112898.66,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (23.24%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.92%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 112898.66
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Barrera-Melendez Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Barrera-Melendez Ventures",
"Howard-Rose Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-7771
Status: Under Review
Governing Jurisdiction: Iowa
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Young-Logan Holdings, and the Tenant, Ryan 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 2023-12-31.
The subject of this lease concerns the Partial floor 8A in Building 3 at the property located at Unit 8751 Box 2407
DPO AP 65136. This Office facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-07, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $113,985.15. This figure is scheduled for an annual increase based on a 1.57% escalation rate. A security deposit of $227,970.30 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Ryan Group is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Young-Logan Holdings. 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 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-2023-7771",
"parties": {
"lessor_details": {
"name": "Young-Logan Holdings",
"entity_type": "Corporation",
"address": "7841 Ferguson Parkway Suite 423\nLake Matthewtown, MO 16293"
},
"lessee_details": {
"name": "Ryan Group",
"entity_type": "Corporation",
"address": "626 Melissa Forges Apt. 827\nYoungview, MP 34574"
}
},
"property_details": {
"address": "Unit 8751 Box 2407\nDPO AP 65136",
"property_type": "Office",
"lease_area_description": "Partial floor 8A in Building 3"
},
"lease_terms": {
"effective_date": "2023-12-31",
"commencement_date": "2024-03-07",
"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": 270
},
{
"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": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "11 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 113985.15,
"annual_escalation_rate_percent": 1.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.28%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.97%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 227970.3,
"late_payment_interest_rate_percent": 15.4
},
"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": 2000000,
"named_insureds_required": [
"Young-Logan Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Young-Logan Holdings",
"Parker, Shields and Morris 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-2023-1730
Status: Amended
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Osborne Inc Inc., and the Tenant, Orr 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 2023-12-08.
The subject of this lease concerns the Partial floor 16B in Building 9 at the property located at 9906 Darren Views
Andersontown, PR 46440. This Retail facility consists of approximately 18930 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-01-21, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $74,032.07. This figure is scheduled for an annual increase based on a 3.05% escalation rate. A security deposit of $74,032.07 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 is permitted subject to standard conditions.
Per section 10.1, Orr Group is required to maintain, at minimum, a Commercial General Liability policy of $2,000,000. The certificate of insurance must name all parties as stipulated, including Osborne Inc Inc.. Late payments of rent will accrue interest at a rate of 9.8% 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 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-2023-1730",
"parties": {
"lessor_details": {
"name": "Osborne Inc Inc.",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Orr Group",
"entity_type": "LLC",
"address": "32196 Rodriguez Squares\nSoniashire, WI 78714"
}
},
"property_details": {
"address": "9906 Darren Views\nAndersontown, PR 46440",
"property_type": "Retail",
"lease_area_description": "Partial floor 16B in Building 9",
"square_footage_sqft": 18930
},
"lease_terms": {
"effective_date": "2023-12-08",
"commencement_date": "2024-01-21",
"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": 90
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "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": 74032.07,
"annual_escalation_rate_percent": 3.05,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (25.0%)",
"estimated_monthly_amount_usd": 11104.81
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.13%)",
"estimated_monthly_amount_usd": 7403.21
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 74032.07,
"late_payment_interest_rate_percent": 9.8
},
"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": 2000000,
"named_insureds_required": [
"Osborne Inc Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Osborne Inc Inc.",
"Peterson 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-2023-9069
Status: Executed
Governing Jurisdiction: Delaware
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Joyce, Warren and Stanley Holdings, and the Tenant, Frost, Page and Wolfe. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-11-23.
The subject of this lease concerns the Entire unit 5A in Building 10 at the property located at 27445 Brad Brook Suite 588
Andersonberg, TN 99603. This Mixed-Use facility consists of approximately 45482 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-13, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $177,304.00. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $354,608.00 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, Frost, Page and Wolfe 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 Joyce, Warren and Stanley 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-2023-9069",
"parties": {
"lessor_details": {
"name": "Joyce, Warren and Stanley Holdings",
"entity_type": "LLC",
"address": "477 Lewis Hollow\nCynthiafort, AK 65817"
},
"lessee_details": {
"name": "Frost, Page and Wolfe",
"entity_type": "LLC"
}
},
"property_details": {
"address": "27445 Brad Brook Suite 588\nAndersonberg, TN 99603",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 5A in Building 10",
"square_footage_sqft": 45482
},
"lease_terms": {
"effective_date": "2023-11-23",
"commencement_date": "2023-12-13",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%"
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 177304.0,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.03%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (8.08%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 354608.0
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Delaware",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Joyce, Warren and Stanley Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Joyce, Warren and Stanley Holdings",
"Williams, Hall and Abbott 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-2023-2277
Status: Under Review
Governing Jurisdiction: California
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Jordan, Lee and Sanchez Ventures, and the Tenant, Gonzalez Group. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-10-08.
The subject of this lease concerns the Partial floor 36B in Building 3 at the property located at 6802 Michael Spurs
Kimfort, CA 83509. This Office facility consists of approximately 39871 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-10-31, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $101,305.57. This figure is scheduled for an annual increase based on a 1.52% escalation rate. A security deposit of $101,305.57 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, Gonzalez 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 Jordan, Lee and Sanchez Ventures. Late payments of rent will accrue interest at a rate of 14.4% 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-2023-2277",
"parties": {
"lessor_details": {
"name": "Jordan, Lee and Sanchez Ventures",
"entity_type": "Limited Partnership"
},
"lessee_details": {
"name": "Gonzalez Group",
"entity_type": "Corporation",
"address": "20409 David Drive Apt. 779\nNew Joshuaport, VI 29206"
}
},
"property_details": {
"address": "6802 Michael Spurs\nKimfort, CA 83509",
"property_type": "Office",
"lease_area_description": "Partial floor 36B in Building 3",
"square_footage_sqft": 39871
},
"lease_terms": {
"effective_date": "2023-10-08",
"commencement_date": "2023-10-31",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "10 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 101305.57,
"annual_escalation_rate_percent": 1.52,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (21.78%)",
"estimated_monthly_amount_usd": 15195.84
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.59%)",
"estimated_monthly_amount_usd": 10130.56
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 101305.57,
"late_payment_interest_rate_percent": 14.4
},
"permitted_use": "Retail sales of goods 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": [
"Jordan, Lee and Sanchez Ventures"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Jordan, Lee and Sanchez Ventures",
"Bass 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-2023-1357
Status: Executed
Governing Jurisdiction: West Virginia
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Garcia-Hale Holdings, and the Tenant, Brock, Johnson and Black. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-20.
The subject of this lease concerns the Entire floor 13 in Building 6 at the property located at 8744 Christopher Village Suite 839
West Sarah, AZ 55803. This Warehouse facility consists of approximately 41675 rentable square feet and is designated for the purpose of General office and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-10, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $133,985.12. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $267,970.24 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.
Note the existence of a Landlord Recapture Right clause, which can be triggered with 90 days' notice and involves a penalty structured as 4 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-1357",
"parties": {
"lessor_details": {
"name": "Garcia-Hale Holdings",
"entity_type": "Limited Partnership",
"address": "85856 Jackson Mountains Suite 854\nEast Jasonbury, TN 66124"
},
"lessee_details": {
"name": "Brock, Johnson and Black",
"entity_type": "S-Corp",
"address": "7786 Dennis Mews Suite 591\nLake Katie, IA 98745"
}
},
"property_details": {
"address": "8744 Christopher Village Suite 839\nWest Sarah, AZ 55803",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 13 in Building 6",
"square_footage_sqft": 41675
},
"lease_terms": {
"effective_date": "2023-12-20",
"commencement_date": "2024-02-10",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 133985.12,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (16.76%)",
"estimated_monthly_amount_usd": 20097.77
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.62%)",
"estimated_monthly_amount_usd": 13398.51
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 267970.24
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "West Virginia",
"document_status": "Executed"
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-8922
Status: Under Review
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Wright LLC Ventures, and the Tenant, Rodriguez, Copeland and Ross. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-15.
The subject of this lease concerns the Entire suite 1B in Building 3 at the property located at 3219 Jose Knolls
East Tracyside, PR 85223. This Mixed-Use facility consists of approximately 41521 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-08, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $207,605.00. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $207,605.00 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 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 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-2023-8922",
"parties": {
"lessor_details": {
"name": "Wright LLC Ventures",
"entity_type": "Corporation",
"address": "65556 Wesley Lock Suite 994\nAndrewfort, FL 08340"
},
"lessee_details": {
"name": "Rodriguez, Copeland and Ross",
"entity_type": "S-Corp",
"address": "594 Reynolds Fall\nNew Julie, NV 74739"
}
},
"property_details": {
"address": "3219 Jose Knolls\nEast Tracyside, PR 85223",
"property_type": "Mixed-Use",
"lease_area_description": "Entire suite 1B in Building 3",
"square_footage_sqft": 41521
},
"lease_terms": {
"effective_date": "2023-12-15",
"commencement_date": "2024-02-08",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 180
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 180
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 207605.0,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.42%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (16.84%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 207605.0,
"late_payment_interest_rate_percent": 12.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Idaho",
"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-2024-9445
Status: Draft
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Fry, Cummings and Gibson Holdings, and the Tenant, Cantu, Adams and 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 2024-02-21.
The subject of this lease concerns the Entire floor 26B in Building 2 at the property located at 42757 Meagan Rapids Apt. 896
East Leslie, PA 76714. This Warehouse facility consists of approximately 26414 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-04-21, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $117,058.04. This figure is scheduled for an annual increase based on a 2.75% escalation rate. A security deposit of $117,058.04 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Cantu, Adams and Chavez 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 Fry, Cummings and Gibson 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 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-2024-9445",
"parties": {
"lessor_details": {
"name": "Fry, Cummings and Gibson Holdings",
"entity_type": "Corporation",
"address": "0539 Patrick Hills\nCruzmouth, HI 10170"
},
"lessee_details": {
"name": "Cantu, Adams and Chavez",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "42757 Meagan Rapids Apt. 896\nEast Leslie, PA 76714",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 26B in Building 2",
"square_footage_sqft": 26414
},
"lease_terms": {
"effective_date": "2024-02-21",
"commencement_date": "2024-04-21",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "6 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 117058.04,
"annual_escalation_rate_percent": 2.75,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (13.42%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (19.06%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 117058.04
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Vermont",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Fry, Cummings and Gibson Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Fry, Cummings and Gibson Holdings",
"Ruiz, Farley and Edwards Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2023-2430
Status: Under Review
Governing Jurisdiction: South Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Mata-Davis Holdings, and the Tenant, Rowe, Peters and Hunter. The team is preparing for the 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 Entire suite 49 in Building 4 at the property located at 62862 David Row Apt. 246
Wrightside, TN 27642. 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 2023-11-08, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $61,888.88. This figure is scheduled for an annual increase based on a 3.47% escalation rate. A security deposit of $61,888.88 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises 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-2023-2430",
"parties": {
"lessor_details": {
"name": "Mata-Davis Holdings",
"entity_type": "LLC",
"address": "87736 Maria Track Suite 438\nEast Dennis, TX 38884"
},
"lessee_details": {
"name": "Rowe, Peters and Hunter",
"entity_type": "LLC"
}
},
"property_details": {
"address": "62862 David Row Apt. 246\nWrightside, TN 27642",
"property_type": "Retail",
"lease_area_description": "Entire suite 49 in Building 4"
},
"lease_terms": {
"effective_date": "2023-08-15",
"commencement_date": "2023-11-08",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
},
{
"option_number": 2,
"duration_months": 24,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 61888.88,
"annual_escalation_rate_percent": 3.47,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.51%)",
"estimated_monthly_amount_usd": 9283.33
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (5.40%)",
"estimated_monthly_amount_usd": 6188.89
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 61888.88
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "South Dakota",
"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-2024-8620
Status: Under Review
Governing Jurisdiction: Texas
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Walker Inc Inc., and the Tenant, Wallace 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 2024-06-30.
The subject of this lease concerns the Entire unit 26B in Building 7 at the property located at 71751 Charles Locks
Jessicaborough, NH 85718. 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 2024-09-07, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $87,540.95. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $87,540.95 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Wallace 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 Walker Inc Inc.. 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 180 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-8620",
"parties": {
"lessor_details": {
"name": "Walker Inc Inc.",
"entity_type": "Limited Partnership",
"address": "093 Terri Cove\nLake Tabithachester, GA 48263"
},
"lessee_details": {
"name": "Wallace Group",
"entity_type": "S-Corp",
"address": "968 Garcia Course Suite 722\nNorth Vincent, FM 15699"
}
},
"property_details": {
"address": "71751 Charles Locks\nJessicaborough, NH 85718",
"property_type": "Mixed-Use",
"lease_area_description": "Entire unit 26B in Building 7"
},
"lease_terms": {
"effective_date": "2024-06-30",
"commencement_date": "2024-09-07",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 36,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 180,
"penalty_details": "9 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 87540.95,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.79%)",
"estimated_monthly_amount_usd": 13131.14
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (20.59%)",
"estimated_monthly_amount_usd": 8754.1
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 87540.95,
"late_payment_interest_rate_percent": 16.5
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Texas",
"document_status": "Under Review",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Walker Inc Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Walker Inc Inc.",
"Larson LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1282
Status: Under Review
Governing Jurisdiction: New York
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Nelson-Murphy Inc., and the Tenant, Heath 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 2024-04-14.
The subject of this lease concerns the Partial floor 40A in Building 7 at the property located at 8243 Jonathan Brooks
West Dwaynechester, NJ 83106. 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 2024-06-26, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $9,358.02. This figure is scheduled for an annual increase based on a 3.76% escalation rate. A security deposit of $18,716.04 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to Fixed 3% annual increase. Any potential sublease of the premises is permitted subject to standard conditions.
Late payments of rent will accrue interest at a rate of 9.8% 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-2024-1282",
"parties": {
"lessor_details": {
"name": "Nelson-Murphy Inc.",
"entity_type": "LLC"
},
"lessee_details": {
"name": "Heath PLC",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "8243 Jonathan Brooks\nWest Dwaynechester, NJ 83106",
"property_type": "Warehouse",
"lease_area_description": "Partial floor 40A in Building 7"
},
"lease_terms": {
"effective_date": "2024-04-14",
"commencement_date": "2024-06-26",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Fixed 3% annual increase",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"termination_clauses": [
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 9358.02,
"annual_escalation_rate_percent": 3.76,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.29%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.20%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 18716.04,
"late_payment_interest_rate_percent": 9.8
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "New York",
"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-2024-9844
Status: Executed
Governing Jurisdiction: Massachusetts
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Walker Inc Ventures, and the Tenant, Santos 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 2024-08-01.
The subject of this lease concerns the Partial suite 14 in Building 10 at the property located at 34667 Robin Crossing Apt. 161
Lake Monica, IN 23469. This Warehouse facility consists of the specified area and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-28, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $225,778.02. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $225,778.02 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months with 90 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises is permitted subject to standard conditions.
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-2024-9844",
"parties": {
"lessor_details": {
"name": "Walker Inc Ventures",
"entity_type": "Corporation",
"address": "976 Nathan Drives Apt. 169\nGaryview, NH 76534"
},
"lessee_details": {
"name": "Santos Group",
"entity_type": "LLC"
}
},
"property_details": {
"address": "34667 Robin Crossing Apt. 161\nLake Monica, IN 23469",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 14 in Building 10"
},
"lease_terms": {
"effective_date": "2024-08-01",
"commencement_date": "2024-08-28",
"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": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 225778.02,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.39%)",
"estimated_monthly_amount_usd": 33866.7
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (18.70%)",
"estimated_monthly_amount_usd": 22577.8
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 225778.02,
"late_payment_interest_rate_percent": 18.0
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Massachusetts",
"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-2023-5575
Status: Executed
Governing Jurisdiction: Vermont
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Meza Ltd Properties, and the Tenant, Wilson-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 2023-12-10.
The subject of this lease concerns the Entire floor 14B in Building 1 at the property located at 4472 Powell Track Apt. 631
Lake Katelynside, HI 98414. This Warehouse facility consists of approximately 14716 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-16, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $70,882.07. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $141,764.14 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 365 days' prior notice. During any such renewal, the rent will be adjusted according to 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, Wilson-Phillips 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 Meza Ltd Properties. Late payments of rent will accrue interest at a rate of 11.5% 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-2023-5575",
"parties": {
"lessor_details": {
"name": "Meza Ltd Properties",
"entity_type": "Limited Partnership",
"address": "79575 Torres Keys Suite 031\nPort Krista, RI 94919"
},
"lessee_details": {
"name": "Wilson-Phillips",
"entity_type": "S-Corp",
"address": "73895 Hernandez Highway Suite 579\nNorth Michael, GA 80298"
}
},
"property_details": {
"address": "4472 Powell Track Apt. 631\nLake Katelynside, HI 98414",
"property_type": "Warehouse",
"lease_area_description": "Entire floor 14B in Building 1",
"square_footage_sqft": 14716
},
"lease_terms": {
"effective_date": "2023-12-10",
"commencement_date": "2024-02-16",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
}
],
"requires_landlord_consent_for_sublease": false,
"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": 70882.07,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (6.42%)",
"estimated_monthly_amount_usd": 10632.31
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (11.62%)",
"estimated_monthly_amount_usd": 7088.21
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 141764.14,
"late_payment_interest_rate_percent": 11.5
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Vermont",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Meza Ltd Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Meza Ltd Properties",
"Patterson, Walker and 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-2023-1243
Status: Draft
Governing Jurisdiction: Connecticut
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Thornton-Walker LLC, and the Tenant, Jackson 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 2023-11-29.
The subject of this lease concerns the Partial suite 22B in Building 5 at the property located at 2983 Rhonda Inlet Apt. 152
Port Mitchellfort, RI 32274. This Retail facility consists of approximately 26173 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2023-12-24, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $58,671.14. This figure is scheduled for an annual increase based on a 2.57% escalation rate. A security deposit of $117,342.28 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 36 months. During any such renewal, the rent will be adjusted according to CPI-U Adjustment, not to exceed 4%. Any potential sublease of the premises is permitted subject to standard conditions.
Per section 10.1, Jackson and Sons is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Thornton-Walker LLC. Late payments of rent will accrue interest at a rate of 14.4% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 180 days' notice and involves a penalty structured as 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-2023-1243",
"parties": {
"lessor_details": {
"name": "Thornton-Walker LLC",
"entity_type": "LLC",
"address": "523 Simmons Gateway Suite 309\nEast Feliciaside, MI 53318"
},
"lessee_details": {
"name": "Jackson and Sons",
"entity_type": "S-Corp",
"address": "19891 Taylor Crest\nWest Victor, OK 71567"
}
},
"property_details": {
"address": "2983 Rhonda Inlet Apt. 152\nPort Mitchellfort, RI 32274",
"property_type": "Retail",
"lease_area_description": "Partial suite 22B in Building 5",
"square_footage_sqft": 26173
},
"lease_terms": {
"effective_date": "2023-11-29",
"commencement_date": "2023-12-24",
"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": "Co-tenancy Failure",
"notice_period_days": 180,
"penalty_details": "5 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Tenant Early Termination Option",
"notice_period_days": 90,
"penalty_details": "11 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 58671.14,
"annual_escalation_rate_percent": 2.57,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.63%)",
"estimated_monthly_amount_usd": 8800.67
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.08%)",
"estimated_monthly_amount_usd": 5867.11
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 117342.28,
"late_payment_interest_rate_percent": 14.4
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Connecticut",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Thornton-Walker LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Thornton-Walker LLC",
"Burch, Crawford and Harding 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-2023-2913
Status: Draft
Governing Jurisdiction: Utah
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Snyder LLC Holdings, and the Tenant, Cook, Burns and Gonzales. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2023-12-18.
The subject of this lease concerns the Partial floor 27 in Building 10 at the property located at 0002 Woods Union
Nelsonchester, ID 09294. This Industrial facility consists of approximately 34856 rentable square feet and is designated for the purpose of General office 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 $151,362.18. This figure is scheduled for an annual increase based on a 1.5% escalation rate. A security deposit of $302,724.36 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 24 months with 270 days' prior notice. During any such renewal, the rent will be adjusted according to Greater of Fair Market Value or previous rent + 3%. Any potential sublease of the premises requires Landlord's explicit consent.
Per section 10.1, Cook, Burns and Gonzales 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 Snyder LLC Holdings. Late payments of rent will accrue interest at a rate of 8.5% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 9 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2023-2913",
"parties": {
"lessor_details": {
"name": "Snyder LLC Holdings",
"entity_type": "Corporation",
"address": "098 Decker Mill Suite 226\nMichaelstad, CT 45204"
},
"lessee_details": {
"name": "Cook, Burns and Gonzales",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "0002 Woods Union\nNelsonchester, ID 09294",
"property_type": "Industrial",
"lease_area_description": "Partial floor 27 in Building 10",
"square_footage_sqft": 34856
},
"lease_terms": {
"effective_date": "2023-12-18",
"commencement_date": "2024-01-14",
"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": 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": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "9 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "12 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 151362.18,
"annual_escalation_rate_percent": 1.5,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (17.59%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (25.0%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 302724.36,
"late_payment_interest_rate_percent": 8.5
},
"permitted_use": "General office and ancillary administrative functions.",
"governing_law_state": "Utah",
"document_status": "Draft",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Snyder LLC Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Snyder LLC Holdings",
"Calhoun, Blake and Mcgee 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-2023-4839
Status: Executed
Governing Jurisdiction: North Dakota
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Gibson LLC LLC, and the Tenant, Wade-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 2023-10-22.
The subject of this lease concerns the Partial suite 17 in Building 1 at the property located at 9441 Katrina Keys Apt. 874
Griffinhaven, DC 61260. 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 2023-12-21, establishing an initial term of 3 years. The Tenant's monthly obligation for base rent begins at $56,175.15. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $112,350.30 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, Wade-Smith is required to maintain, at minimum, a Commercial General Liability policy of $1,000,000. The certificate of insurance must name all parties as stipulated, including Gibson LLC LLC. Late payments of rent will accrue interest at a rate of 13.5% 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-2023-4839",
"parties": {
"lessor_details": {
"name": "Gibson LLC LLC",
"entity_type": "Corporation"
},
"lessee_details": {
"name": "Wade-Smith",
"entity_type": "S-Corp"
}
},
"property_details": {
"address": "9441 Katrina Keys Apt. 874\nGriffinhaven, DC 61260",
"property_type": "Warehouse",
"lease_area_description": "Partial suite 17 in Building 1"
},
"lease_terms": {
"effective_date": "2023-10-22",
"commencement_date": "2023-12-21",
"initial_term_months": 36,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 24,
"renewal_rate_adjustment": "CPI-U Adjustment, not to exceed 4%",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 56175.15,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.65%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.29%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 112350.3,
"late_payment_interest_rate_percent": 13.5
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "North Dakota",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 1000000,
"named_insureds_required": [
"Gibson LLC LLC"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Gibson LLC LLC",
"Solomon-Gonzalez 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-2024-5961
Status: Under Review
Governing Jurisdiction: Ohio
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hodge, Williams and Johnson Properties, and the Tenant, Johnson and Sons. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-16.
The subject of this lease concerns the Entire unit 33B in Building 3 at the property located at 49831 Crystal Mission
New Brittany, ID 01629. 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 2024-06-14, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $142,123.56. This figure is scheduled for an annual increase based on a 3.45% escalation rate. A security deposit of $142,123.56 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.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-5961",
"parties": {
"lessor_details": {
"name": "Hodge, Williams and Johnson Properties",
"entity_type": "LLC",
"address": "3302 Ethan Locks\nNorth Andrewshire, NJ 01024"
},
"lessee_details": {
"name": "Johnson and Sons",
"entity_type": "LLC"
}
},
"property_details": {
"address": "49831 Crystal Mission\nNew Brittany, ID 01629",
"property_type": "Warehouse",
"lease_area_description": "Entire unit 33B in Building 3"
},
"lease_terms": {
"effective_date": "2024-05-16",
"commencement_date": "2024-06-14",
"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": 24,
"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": 142123.56,
"annual_escalation_rate_percent": 3.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (19.39%)",
"estimated_monthly_amount_usd": 21318.53
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (13.26%)",
"estimated_monthly_amount_usd": 14212.36
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 142123.56
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "Ohio",
"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-2024-9700
Status: Draft
Governing Jurisdiction: Maine
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Simmons, Santos and Hill Inc., and the Tenant, Delacruz-Vincent. The team is preparing for the quarterly portfolio review next month, so please ensure all financial models are updated with this data. The lease agreement was made effective as of 2024-05-07.
The subject of this lease concerns the Partial unit 29 in Building 4 at the property located at USNV Scott
FPO AA 46980. 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 2024-07-22, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $61,949.79. This figure is scheduled for an annual increase based on a 2.45% escalation rate. A security deposit of $123,899.58 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, Delacruz-Vincent 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 Simmons, Santos and Hill Inc.. Late payments of rent will accrue interest at a rate of 7.0% per annum. Note the existence of a Co-tenancy Failure clause, which can be triggered with 90 days' notice and involves a penalty structured as 3 months' rent plus unamortized transaction costs.
Additional rent provisions for pass-throughs like Operating Expenses and Property Taxes are based on the tenant's pro rata share. Further details can be found in the full agreement document stored in the central repository. Please complete your review by end of week.</data>
|
{
"lease_id": "LSE-COM-2024-9700",
"parties": {
"lessor_details": {
"name": "Simmons, Santos and Hill Inc.",
"entity_type": "Limited Partnership",
"address": "6989 Jessica Crossroad Apt. 482\nSouth Chris, OR 35525"
},
"lessee_details": {
"name": "Delacruz-Vincent",
"entity_type": "LLC",
"address": "93144 Michael Row\nRoseshire, RI 82373"
}
},
"property_details": {
"address": "USNV Scott\nFPO AA 46980",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 29 in Building 4"
},
"lease_terms": {
"effective_date": "2024-05-07",
"commencement_date": "2024-07-22",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 90
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 90,
"penalty_details": "3 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 60,
"penalty_details": "7 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 61949.79,
"annual_escalation_rate_percent": 2.45,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (18.11%)",
"estimated_monthly_amount_usd": 9292.47
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (12.33%)",
"estimated_monthly_amount_usd": 6194.98
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 123899.58,
"late_payment_interest_rate_percent": 7.0
},
"permitted_use": "Light manufacturing and assembly 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": [
"Simmons, Santos and Hill Inc."
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Simmons, Santos and Hill Inc.",
"Williamson 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-2024-5627
Status: Executed
Governing Jurisdiction: Idaho
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Hess-Barrera Holdings, and the Tenant, Howell 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 2024-07-08.
The subject of this lease concerns the Partial floor 17 in Building 1 at the property located at 310 Anthony Camp
South Heidi, IA 51313. This Office facility consists of approximately 37781 rentable square feet and is designated for the purpose of Retail sales of goods and ancillary administrative functions..
The lease commencement is scheduled for 2024-08-19, establishing an initial term of 5 years. The Tenant's monthly obligation for base rent begins at $183,867.53. This figure is scheduled for an annual increase based on a 2.82% escalation rate. A security deposit of $183,867.53 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, Howell 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 Hess-Barrera Holdings. Late payments of rent will accrue interest at a rate of 17.9% 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 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-2024-5627",
"parties": {
"lessor_details": {
"name": "Hess-Barrera Holdings",
"entity_type": "Corporation",
"address": "910 John Route Apt. 342\nNorth Stephanie, MT 01690"
},
"lessee_details": {
"name": "Howell Group",
"entity_type": "S-Corp",
"address": "668 Christopher Branch Apt. 656\nDebbieport, DC 74527"
}
},
"property_details": {
"address": "310 Anthony Camp\nSouth Heidi, IA 51313",
"property_type": "Office",
"lease_area_description": "Partial floor 17 in Building 1",
"square_footage_sqft": 37781
},
"lease_terms": {
"effective_date": "2024-07-08",
"commencement_date": "2024-08-19",
"initial_term_months": 60,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Fair Market Value",
"notice_period_days": 270
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "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": "3 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 183867.53,
"annual_escalation_rate_percent": 2.82,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (8.30%)",
"estimated_monthly_amount_usd": 27580.13
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (24.53%)",
"estimated_monthly_amount_usd": 18386.75
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 183867.53,
"late_payment_interest_rate_percent": 17.9
},
"permitted_use": "Retail sales of goods and ancillary administrative functions.",
"governing_law_state": "Idaho",
"document_status": "Executed",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 5000000,
"named_insureds_required": [
"Hess-Barrera Holdings"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 25000000,
"named_insureds_required": [
"Hess-Barrera Holdings",
"Stewart LLC Mortgage Corp."
]
}
]
}
|
<format type="json">{lease_id: string, parties: {lessor_details: {name: string, entity_type: string, address: string optional}, lessee_details: {name: string, entity_type: string, address: string optional}}, property_details: {address: string, property_type: string, square_footage_sqft: number optional, lease_area_description: string}, lease_terms: {effective_date: date, commencement_date: date, initial_term_months: number, option_to_renew: list[{option_number: number, duration_months: number, notice_period_days: number optional, renewal_rate_adjustment: string}], termination_clauses: list[{clause_type: string, notice_period_days: number, penalty_details: string}] optional, requires_landlord_consent_for_sublease: boolean}, financial_terms: {base_rent_details: {initial_monthly_rent_usd: number, annual_escalation_rate_percent: number, escalation_frequency: string}, additional_rent_components: list[{component_name: string, basis: string, estimated_monthly_amount_usd: number optional}], security_deposit_usd: number, late_payment_interest_rate_percent: number optional}, insurance_requirements: list[{coverage_type: string, minimum_coverage_amount_usd: number, named_insureds_required: list[string]}] optional, permitted_use: string, governing_law_state: string, document_status: string}</format> <data>INTERNAL MEMORANDUM - LEASE ABSTRACT
Reference ID: LSE-COM-2024-1836
Status: Amended
Governing Jurisdiction: Montana
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Ford Group Properties, and the Tenant, House 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 2024-01-10.
The subject of this lease concerns the Partial unit 16B in Building 2 at the property located at 2960 James Junction Suite 577
Davisport, PA 70666. This Warehouse facility consists of approximately 9388 rentable square feet and is designated for the purpose of Professional services and ancillary administrative functions..
The lease commencement is scheduled for 2024-02-08, establishing an initial term of 10 years. The Tenant's monthly obligation for base rent begins at $18,024.96. This figure is scheduled for an annual increase based on a 1.71% escalation rate. A security deposit of $18,024.96 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, House 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 Ford 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 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-2024-1836",
"parties": {
"lessor_details": {
"name": "Ford Group Properties",
"entity_type": "Corporation",
"address": "7635 Foster Extension\nRitaburgh, GU 76336"
},
"lessee_details": {
"name": "House Ltd",
"entity_type": "Corporation"
}
},
"property_details": {
"address": "2960 James Junction Suite 577\nDavisport, PA 70666",
"property_type": "Warehouse",
"lease_area_description": "Partial unit 16B in Building 2",
"square_footage_sqft": 9388
},
"lease_terms": {
"effective_date": "2024-01-10",
"commencement_date": "2024-02-08",
"initial_term_months": 120,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 36,
"renewal_rate_adjustment": "Greater of Fair Market Value or previous rent + 3%",
"notice_period_days": 365
},
{
"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": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "4 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 18024.96,
"annual_escalation_rate_percent": 1.71,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (22.72%)",
"estimated_monthly_amount_usd": 2703.74
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (21.68%)",
"estimated_monthly_amount_usd": 1802.5
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 18024.96,
"late_payment_interest_rate_percent": 5.3
},
"permitted_use": "Professional services and ancillary administrative functions.",
"governing_law_state": "Montana",
"document_status": "Amended",
"insurance_requirements": [
{
"coverage_type": "Commercial General Liability",
"minimum_coverage_amount_usd": 2000000,
"named_insureds_required": [
"Ford Group Properties"
]
},
{
"coverage_type": "Property (All Risk/Special Form)",
"minimum_coverage_amount_usd": 10000000,
"named_insureds_required": [
"Ford Group Properties",
"Martin, Henson and French 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-2024-9831
Status: Under Review
Governing Jurisdiction: South Carolina
This abstract summarizes the key terms of the fully executed lease agreement between the Landlord, Clark-Martinez Holdings, and the Tenant, Erickson, Smith and 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 2024-02-03.
The subject of this lease concerns the Entire suite 19 in Building 3 at the property located at 6809 Robertson Islands Apt. 309
Frankland, GA 52380. This Office facility consists of approximately 45257 rentable square feet and is designated for the purpose of Light manufacturing and assembly and ancillary administrative functions..
The lease commencement is scheduled for 2024-03-13, establishing an initial term of 7 years. The Tenant's monthly obligation for base rent begins at $209,238.20. This figure is scheduled for an annual increase based on a 4.0% escalation rate. A security deposit of $418,476.40 has been furnished by the Tenant.
The Tenant holds an option to extend the lease for an additional 60 months. During any such renewal, the rent will be adjusted according to Fair Market Value. Any potential sublease of the premises requires Landlord's explicit consent.
Late payments of rent will accrue interest at a rate of 14.4% 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 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-2024-9831",
"parties": {
"lessor_details": {
"name": "Clark-Martinez Holdings",
"entity_type": "Corporation",
"address": "USS Harris\nFPO AE 36681"
},
"lessee_details": {
"name": "Erickson, Smith and Mitchell",
"entity_type": "LLC",
"address": "41866 Beard Skyway\nLake Yvonneland, MA 21821"
}
},
"property_details": {
"address": "6809 Robertson Islands Apt. 309\nFrankland, GA 52380",
"property_type": "Office",
"lease_area_description": "Entire suite 19 in Building 3",
"square_footage_sqft": 45257
},
"lease_terms": {
"effective_date": "2024-02-03",
"commencement_date": "2024-03-13",
"initial_term_months": 84,
"option_to_renew": [
{
"option_number": 1,
"duration_months": 60,
"renewal_rate_adjustment": "Fair Market Value"
},
{
"option_number": 2,
"duration_months": 60,
"renewal_rate_adjustment": "Fixed 3% annual increase"
}
],
"requires_landlord_consent_for_sublease": true,
"termination_clauses": [
{
"clause_type": "Co-tenancy Failure",
"notice_period_days": 60,
"penalty_details": "12 months' rent plus unamortized transaction costs."
},
{
"clause_type": "Landlord Recapture Right",
"notice_period_days": 180,
"penalty_details": "8 months' rent plus unamortized transaction costs."
}
]
},
"financial_terms": {
"base_rent_details": {
"initial_monthly_rent_usd": 209238.2,
"annual_escalation_rate_percent": 4.0,
"escalation_frequency": "Annually"
},
"additional_rent_components": [
{
"component_name": "Operating Expenses (CAM)",
"basis": "Pro Rata Share (9.23%)"
},
{
"component_name": "Property Taxes",
"basis": "Pro Rata Share (22.92%)"
},
{
"component_name": "HVAC Maintenance Contract",
"basis": "Fixed Annual Fee"
}
],
"security_deposit_usd": 418476.4,
"late_payment_interest_rate_percent": 14.4
},
"permitted_use": "Light manufacturing and assembly and ancillary administrative functions.",
"governing_law_state": "South Carolina",
"document_status": "Under Review"
}
|
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