City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
171109
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
Status:
Type:
Resolution
Passed
File created:
In control:
10/17/2017
Clerk of the Board
On agenda:
Final action:
11/3/2017
Enactment date:
11/3/2017
388-17
Enactment #:
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
Action By
Date
Action
Result
Ver.
RECEIVED AND ASSIGNED
President
10/17/2017
1
RECOMMENDED AS COMMITTEE
REPORT
Budget and Finance Committee
10/26/2017
1
Pass
ADOPTED
Board of Supervisors
10/31/2017
1
Pass
APPROVED
Mayor
11/3/2017
1