Annual base rent
$2,474,793
$15.02/SF · 164,747 SF
Term
Nov 1, 2014 — Nov 1, 2024
100% elapsed · term ended
Tenant
Red Hook Logistics Group
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Nov 1, 2014
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Red Hook Logistics Group
Premises area
164,747 SF
Commencement
Nov 1, 2014
Term end
Nov 1, 2024
Base rent (per SF)
$15.02/SF
Base rent (annual)
$2,474,793
Escalation type
Fixed %
Escalation rate
3.5%
Renewal term (years)
10
Renewal notice date
May 1, 2024
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant