Florida-Boca Raton-621 NW 53rd Street Lease - 范本
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REFERENCED DATA
Any reference in this lease to the following subjects shall incorporate therein the data stated for the subject (s) in this Section:
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DATE OF LEASE: |
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SEPTEMBER 12, 2002 LANDLORD: CANPRO INVESTMENTS LTD., a corporation organized under the laws of Canada and authorized to transact business in the State of Florida |
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LANDLORD'S ADDRESS: |
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621 N. W. 53RD STREET, STE. 100, BOCA RATON, FLORIDA 33487 |
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TENANT: |
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WACKENHUT CORRECTIONS CORPORATION |
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TENANT'S ADDRESS BEFORE OCCUPANCY: |
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4200 WACKENHUT DRIVE, SUITE 100 PALM BEACH GARDENS, FLORIDA 33410-4243 |
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TENANT'S ADDRESS AFTER OCCUPANCY: |
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621 NW 53RD STREET, SUITE 700, BOCA RATON, FLORIDA 33487 |
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DEMISED PREMISES: |
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THIRTY FIVE THOUSAND SIX HUNDRED SIXTY EIGHT (35,668) rentable square feet on the SEVENTH (7TH) floor of the Building. For all purposes hereof the Building shall be deemed to contain TWO HUNDRED THIRTY SEVEN THOUSAND, THREE HUNDRED THIRTY ONE (237,331) rentable square feet, regardless of the actual number of square feet found to be in the Leased Premises. |
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LEASE TERM: |
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TEN (10) years. |
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ESTIMATED DATE OF SUBSTANTIAL COMPLETION: |
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APRIL 1, 2003 |
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RENTAL COMMENCEMENT DATE: |
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THE EARLIER OF A) TENANT OCCUPANCY AND RECEIPT OF CERTIFICATE OF OCCUPANCY B) APRIL 1, 2003 |
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EXPIRATION DATE OF LEASE TERM: |
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MARCH 31, 2013 |
RENT IS DUE ON THE FIRST (1ST) DAY OF EACH MONTH AND IS DELINQUENT IF NOT PAIDWITHIN TEN (10) DAYS FROM WRITTEN NOTICE FROM LANDLORD.
MINIMUM ANNUAL RENT:
From April 1, 2003 through March 31, 2004, Four Hundred Sixty-Three Thousand Six Hundred Eighty-Four and 00/100 Dollars ($463,684.00) or Thirty-Eight Thousand Six Hundred Forty and 33/100 Dollars ($38,640.33) per month, which is based upon the annual rate of Thirteen and 00/100 Dollars ($13.00) per rentable square foot.
From April 1, 2004 through March 31, 2005, Four Hundred Seven-Seven Thousand Five Hundred Ninety-Four and 52/100 Dollars ($477,594.52) or Thirty-Nine Thousand Seven Hundred Ninety-Nine and 54/100 Dollars ($39,799.54) per month, which is based upon the annual rate of Thirteen and 39/100 Dollars ($13.39) per rentable square foot.
From April 1, 2005 through March 31, 2006, Four Hundred Ninety-One Thousand Nine Hundred Twenty-Two and 36/100 Dollars ($491,922.36) or Forty Thousand Nine Hundred Ninety-Three and 53/100 Dollars ($40,993.53) per month, which is based upon the annual rate of Thirteen and 79/100 Dollars ($13.79) per rentable square foot.
From April 1, 2006 through March 31, 2007, Five Hundred Six Thousand Six Hundred Eighty and 03/100 Dollars ($506,680.03) or Forty-Two Thousand Two Hundred Twenty-Three and 34/100 Dollars ($42,223.34) per month, which is based upon the annual rate of Fourteen and 20/100 Dollars ($14.20) per rentable square foot.
From April 1, 2007 through March 31, 2008, Five Hundred Twenty-One Thousand Eight Hundred Eighty and 43/100 Dollars ($521,880.43) or Forty-Three Thousand Four Hundred Ninety and 04/100 Dollars ($43,490.04) per month, which is based upon the annual rate of Fourteen and 63/100 Dollars ($14.63) per rentable square foot.
From April 1, 2008 through March 31, 2009, Five Hundred Thirty-Seven Thousand Five Hundred Thirty-Six and 84/100 Dollars ($537,536.84) or Forty-Four Thousand Seven-Hundred Ninety-Four and 74/100 Dollars ($44,794.74) per month, which is based upon the annual rate of Fifteen and 07/100 ($15.07) per rentable square foot.
From April 1, 2009 through March 31, 2010, Five Hundred Fifty-Three Thousand Six Hundred Sixty-Two and 95/100 Dollars ($553,662.95) or Forty-Six Thousand One Hundred Thirty-Eight and 58/100 Dollars ($46,138.58) per month, which is based upon the annual rate of Fifteen and 52/100 Dollars ($15.52) per rentable square foot.
From April 1, 2010 through March 31, 2011, Five Hundred Seventy Thousand Two Hundred Seventy-Two and 83/100 Dollars ($570,272.83) or Forty-Seven Thousand Five Hundred Twenty-Two and 74/100 Dollars ($47,522.74) per month, which is based upon the annual rate of Fifteen and 99/100 Dollars ($15.99) per rentable square foot.
From April 1, 2011 through March 31, 2012, Five Hundred Eighty-Seven Thousand Three Hundred Eighty-One and 02/100 Dollars ($587,381.02) or Forty-Eight Thousand Nine Hundred Forty-Eight and 42/100 Dollars ($48,948.42) per month, which is based upon the annual rate of Sixteen and 47/100 Dollars ($16.47) per rentable square foot.
From April 1, 2012 through March 31, 2013, Six Hundred Five Thousand Two and 45/100 Dollars ($605,002.45) or Fifty Thousand Four Hundred Sixteen and 87/100 ($50,416.87) per month, which is based upon the annual rate of Sixteen and 96/100 Dollars ($16.96) per rentable square foot.
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TENANT'S INITIAL SHARE OF TAXES AND OPERATING EXPENSES FOR THE BUILDING AND FOR OCCUPIED PREMISES: |
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THREE HUNDRED NINE THOUSAND TWO HUNDRED FORTY ONE AND 56/100 DOLLARS ($ 309,241.56) |
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TENANT'S PROPORTIONATE SHARE OF THE BUILDING: |
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PERMITTED USES: |
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General Office |
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SECURITY DEPOSIT: |
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$ N/A |
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WITNESSES: |
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LANDLORD: |
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_____________________ |
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By: _______________________ Ofer Drucker, Vice President of Finance |
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TENANT: |
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_____________________ |
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By: _______________________ John J. Bulfin Senior Vice President General Counsel |
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Florida-Boca Raton-621 NW 53rd Street Lease - Canpro Investments Ltd. and Wackenhut Corrections Corp. (Sep 12, 2002).docx
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