City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
160798
Name:
Real Property Lease - 750 Brannan Street Props,
LLC - 750 Brannan Street - $942,747 Rent in Initial
Year
Status:
Type:
Resolution
Passed
File created:
In control:
7/12/2016
Clerk of the Board
On agenda:
Final action:
8/11/2016
Enactment date:
8/11/2016
356-16
Enactment #:
Title:
Resolution authorizing a Lease between the City and County of San Francisco, as Tenant, and 750
Brannan Street Props, LLC, a California limited liability company as Landlord, to be used as retail,
production, warehouse, and related office space located at 750 Brannan Street, consisting of
approximately 24,173 square feet of building and approximately 6,430 square feet of yard, for a ten
year term expected to commence on or about January 1, 2017, and terminate on December 31, 2026,
for use by the San Francisco Public Library, at $78,562.25 monthly; for $942,747 rent in the initial year
with annual 3% percent increases and three five-year options to extend; finding the proposed
transaction is in conformance with the General Plan, and the eight priority policies of Planning Code,
Section 101.1; and authorizing a Sublease of a portion of that space consisting of approximately
2,833 square feet with the Friends & Foundation of the San Francisco Public Library, a 501(c)3 non
profit agency, at the prorata City cost.
Sponsors:
Jane Kim
Attachments:
1. Real Estate Ltr 070816, 2. DRAFT Lease 072016, 3. DRAFT Sublease 063016, 4. Public Library Ltr
070516, 5. Planning General Plan Referral 063016, 6. Form 126, 7. Bdgt Analyst Rpt 072716, 8.
Comm Pkt 072716, 9. Board Pkt 080216, 10. Form 126 Final, 11. Leg Final
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
7/12/2016
1
RECOMMENDED
Budget and Finance Sub-
Committee
7/27/2016
1
Pass
ADOPTED
Board of Supervisors
8/2/2016
1
Pass
APPROVED
Mayor
8/11/2016
1