Annual base rent
$2,170,070
$10.22/SF · 212,397 SF
Term
May 1, 2016 — May 1, 2026
100% elapsed · term ended
Tenant
Five Boroughs Cold Storage
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
May 1, 2016
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Five Boroughs Cold Storage
Premises area
212,397 SF
Commencement
May 1, 2016
Term end
May 1, 2026
Base rent (per SF)
$10.22/SF
Base rent (annual)
$2,170,070
Escalation type
Fixed %
Escalation rate
2.3%
Renewal term (years)
10
Renewal notice date
Nov 1, 2024
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant