https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6633299&GUID=39AD92A8-AD04-4356-9DC6-EE7FEEF216E5Legistar15https://cook-county.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6633299&GUID=39AD92A8-AD04-4356-9DC6-EE7FEEF216E539AD92A8-AD04-4356-9DC6-EE7FEEF216E5-2024-05-23-17-23-46Title: PROPOSED LEASE AGREEMENT Department: Department of Real Estate Management Request: Request to Sublease Property Landlord: Xeris Pharmaceuticals, Inc. Tenant: Cook County Location: 180 N. LaSalle St. Chicago, Illinois Term/Extension Period: 7/1/2024 - 6/30/2031 Space Occupied: 40,850 Square Feet Monthly Rent: 7/1/2024 - 6/30/2025 $97,018.75 7/1/2025 - 6/30/2026 $100,422.92 7/1/2026 - 6/30/2027 $103,827.08 7/1/2027 - 6/30/2028 $107,231.25 7/1/2028 - 6/30/2029 $110,635.42 7/1/2029 - 6/30/2030 $114,039.58 7/1/2030 - 6/30/2031 $117,443.75 Fiscal Impact: $8,256,561.75 Accounts: 11900.1250.54471.550131----66% Federal 11900.1250.54472.550131----34% State Option to Renew: N/A Termination: Sublandlord may not terminate unless County provides written consent. If the Master Lease is terminated for any reason whatsoever prior to its natural expiration, then the Sublease shall terminate with the Master Lease. Utilities Included: Water, Heating and Cooling within normal business hours, Electricity and telecommunications areThu, 23 May 2024 17:23:46 GMT