Laserfiche WebLink
A-2017.264 <br />Attachment 5 <br />OFFICE LEASE <br />THIS OFFICE LEASE ("Lease') is made and entered into by and between CF SANTANA, LLC, a Delaware limited liability company <br />("Landlord") and the Tenant described In Item I of die Basic Lease Provisions as of the Effective Date, <br />BASIC LEASE PROVISIONS <br />1. Tenant: THE CITY OF SANTA ANA, a charter city and municipal corporation. <br />2. Description of Project; Building; <br />Premises: <br />2.1 Project: As used herein, the "Project" means that certain commercial office building project, with all common <br />areas and appurtenant parking facilities, located at 801 West Civic Drive; Santa Ana, California, and <br />containing the Building, and any other building improvements located on the parcel of real property on <br />which the Building is located. <br />2.2 Building: As used herein, the "Building" means the commercial office huilding located at and commonly known <br />as 801 West Civic Drive, Santa Ana, Cali romha. <br />2.3 Rentable Area of Building: 124,166 rentable square feet ("RSF") <br />2.4 Premises: A potion or live second (2"a) floor of the Building known as Suite 200, as depicted ram Exhibit "A" <br />attached hereto. <br />2.5 Rentable Area of Premises: 19,321 RSF. <br />3. Term: <br />3.1 Target Delivery Date: April 1, 2018. <br />3.2 Commencement Date; The Delivery Date. <br />3.3 luitial Term: Approximately sixty (60) months, commencing on the Commencement Date and coding on the last day <br />of the calendar month in which die date that is sixty (60) months after the Commencement Date occurs. <br />3.4 Options to extend the Term: Two (2) options to extend the Term for an Extension Term of sixty (60) months, in accordance with <br />Section 3 2.2, below and Schedule'9- I" of Exhibit "J" attached hereto. <br />4. Base Rent: During the Initial Term, Bose Rent shall be payable at the fallowing rates: <br />Months <br />Monthly Base Rental Rate <br />Base Rent <br />($/RSF/mo) <br />(s/mo) <br />1-12 <br />$22000 <br />.$42,506.20 <br />13 — 24 <br />.$2,2660 <br />$43,781.39 <br />25-36 <br />$2.33,10 <br />$45,094,93 <br />37-48 <br />$2.4040 <br />$46,447,67 <br />49 -60 <br />$2.4761 <br />$47,841.10 <br />5. Additional Rent: <br />5.1 Touch's Percentage Shme: 15,561% <br />52 BaseYear: 2018 <br />6. Security Deposit; None <br />7, Permitted Use. General office use and other lawrrd incidental uses, consistent with a first class, high-rise commercial <br />office Project. <br />8. Parking Number: The whole number closest to the product of (a) the number of RSP contained in the Premises and (b) <br />0,004 (such that it is agreed that the Parking Number with respect to the Initial Premises is eighty-two <br />(82)). <br />9. Brokers: Lee & Associates Realty Group Newport Beach, Inc., representing I'enarL and Jones Lang LaSalle <br />Brokerage, representing Landlord. <br />10. Address far Payments: All payments payable to Landlorcl under this Lease shall be sent to the following address or to such other <br />801 tV Cirle Cooler th--Ctry• oJ'Sunhr.4nn Leave <br />