Share to Facebook Share to Twitter Bookmark and Share
File #: 171109    Version: 1 Name: Real Property Lease - Lexington Lion San Francisco LP - 350 Rhode Island Street - San Francisco District Attorney, Police Investigations - $4,319,445 Initial Maximum Annual Base Rent
Type: Resolution Status: Passed
Introduced: 10/17/2017 In control: Clerk of the Board
On agenda: Final action: 11/3/2017
Enactment date: 11/3/2017 Enactment #: 388-17
Title: Resolution authorizing a Lease for up to 125,122 square feet consisting of a portion of the first floor and entire second, third, and fourth floors at 350 Rhode Island Street - North, for the San Francisco District Attorney and Police Investigations, with Lexington Lion San Francisco L.P., a Delaware limited partnership, for 15 years, to be occupied in phases, for the period of July 1, 2018, through June 30, 2033, with one five-year option to extend, at an initial monthly base rent not to exceed $359,953.75 for a total annual maximum base rent of $4,319,445 in the initial year with increases as set forth in the schedule of the Lease; and finding the proposed Lease is in conformance with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. DRAFT Lease 092817, 3. Sheriff Ltr 101617, 4. ADM Memo 101617, 5. Form 126, 6. Comm Pkt 102617, 7. Bdgt Analyst Rpt 102617, 8. GPR 102017, 9. Bd Pkt 103117, 10. Form 126 Final, 11. Leg Final
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.