Item No.                  6b 
Date of Meeting         September 12, 2017 
Washington Technology
Industry Association 
New 7-Yr Lease 

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World Trade Center West 


Located on Alaskan Way 
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WTIA Expanded Premises 


Expansion resulting from combining suites 390 and 350 
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Key Business Terms 
Term                            7 years 
Lease Commencement       October 1, 2017 
Premises                       9,155 SF office 
Initial Base Rent             $19.00/SF/year Triple Net (NNN) 
Rent Increases                $1.00/SF/year 
Rent Abatement             up to 6 weeks on suite 350 only 
Operating Expenses          Pro rata share of building (13%) 
Tenant Improvements        $15.00/SF ($137,325) 
Security Deposit             $50,360 average of 3 months rent over term of lease 
Brokers' Fees                  $67,589 (Inside and Outside brokers) 
Termination                    Current WTIA and Astamed (with termination fee) leases 
As Substantially Negotiated 
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Introduction 
Michael Schutzler 
Chief Executive Officer 
Washington Technology Industry Association 

WTIA positioned for growth 
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END END

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