Summary of Responses to Space RFP
|
Location |
Square Footage |
Monthly Lease (includes CAM) |
Annual Lease (includes CAM) |
Parking |
Tenant Finish |
Other |
Riverfront, LLC (Three year lease commencing September 1, 2008) |
Existing: 1st Floor of Riverfront Center |
6,500
|
Year 1: $5,527 Years 2 and 3: $7,273 |
Year 1: $$66,328 Year 2 and 3: $87,278 |
City owned lot |
Complete as currently occupying the space |
No costs to relocate
Three year extension of existing agreement |
Grubb & Ellis Allen Press |
1000 block of NH and Massachusetts |
17,000 + (or any amount less than that) |
Base year: $11,188 |
Base year: $134,257 |
Graveled lot east of property; 175 x117 feet (staff estimates 96 spaces) |
Quoted as is; City may complete desired finish at City cost, which could be included in lease amount
|
5-year lease term proposed with two 3-year renewal periods (proposal includes inflationary increases during initial 5 year lease)
Additional space of approximately 30,000 is also available for discussion |
Gene Fritzel Construction |
645-647 Massachusetts |
Up to 20,935 on three floors |
1st floor (8,004 SF) TBD
2nd floor (9,639 SF) $9,713
3rd floor (3,292 SF) $ 6,160 |
TBD
$ 116,556
$ 73,920 |
Tour indicated parking is negotiable
Vermont Street – 60 spaces – tour indicates fewer actual spaces and limited availability
Additional private spaces available at $75 per space |
First floor finished for retail use
2nd floor unfinished, ready to finish at tenant cost
3rd floor finished for tenant use |
1st floor retail on-street in downtown district
5 year lease; terms tbd beyond (NNN would increase based on actual costs)
GSA approval required due to federal judge in building |