17-4344
| 1 | | minutes from the meeting of 12/14/2016 | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 12/14/2016 | | |
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17-3913
| 1 | | Imperial Realty Company CCHHS Lease 600 Holiday Plaza | Lease Agreement | PROPOSED LEASE AGREEMENT
Department: Department of Real Estate Management
Request: Approve a (New) Lease Agreement
Landlord: Imperial Realty Company
Tenant: County of Cook
Location: 600 Holiday Plaza, Matteson, Illinois
Term/Extension Period: Ten (10) years, subject to completion of renovation work. (estimated to be 8/1/2017)
Space Occupied: 25,624 Square feet
Monthly Rent:
Base Rent:
Years Rent PSF Monthly Annual
|109|$15.75 $33,631.50 $403,578.00
|109|$16.07 $34,304.13 $411,649.56
|109|$16.39 $34,990.21 $419,882.55
|109|$16.71 $35,690.02 $428,280.20
|109|$17.05 $36,403.82 $436,845.81
|109|$17.39 $37,131,89 $445,582.72
|109|$17.74 $37,874.53 $454,494.38
|109|$18.09 $38,632.02 $463,584.26
|10 9|$18.45 $39,404.66 $472,855.95
10 $18.82 $40,192.76 $482,313.07
Fiscal Impact: Approval of this item would commit Fiscal 2017-2026 funds.
Accounts: (897-690/550162 Rental and Leasing)
Option to Renew: One 5-year option to renew
Termination: N/A
Utilities Included: No Tenant to pay utilities metered to Premises
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