6d Presentation Opus Lease Agreement
Item No. 6d_supp Date of Meeting May 14, 2019 Opus Office Expansion at World Trade Center West 1 WTCW Location Map WTCW Base map is the Seattle Waterfront Construction map 2 WTCW Building 2200 Alaskan Way, across the street from the Pier 66 complex 3 Opus Floorplan WTCW Floor 3 Opus expansion request 4 First Amendment Key Terms First Amendment Premises sf 18,568 Original sf 11,927 Expansion sf 6,641 Term 76 months Original 60 months Extension 16 months Effective date September 1, 2019 Base Rent Blended Rate ($/sf/yr) $17.96 Original $16.82 Expansion $20.00 Escalation ($/sf/yr) $1.00 Abatement 2 months Tenant Improvement Allowance $66,410 Broker Fees $62,168 Inside $14,167 Outside $48,001 Security Deposit (avg 3 months' rent) $148,329 Original $60,710 Additional $87,619 Opus Office Expansion at WTCW 5
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