Professional Documents
Culture Documents
Dan Hess
Key Investment & Management, Inc.
Lombard, IL. 60148
Dear Dan:
Thank you for allowing us to tour the Macom Offices. On behalf of my clients,
TherePeds, LTD & Christine M. Ekis “Tenant”, I have been authorized to present a
written Letter of Intent for build-out and lease of an office at the above referenced
property. Be advised we are also requesting a proposal from one other competing
property in the area. Please address the following terms in your proposal:
4.) Rental Rate: $11.25 per sf annual base rent with a 2% escalation per year
Of lease agreement plus $7.75 per sf annual to include CAM,
Taxes and insurance.
5.) Rent Abatement: Tenant has requested a three (3) month period of Rent
Abatement to include base rent and pass throughs.
6.) Condition of Premises: Landlord shall provide facility with HVAC, electrical,
mechanical and plumbing systems in good working order.
7.) Tenant Improvements: Landlord shall “turn-key” construction, including all permits,
demolition, architectural fees and drawings, based upon a
mutually agreed upon space plan and the following:
Tenant shall work with Landlord to provide specifications and details of equipment
requirements.
9.) Option to renew: Tenant requires two (2), three (3) year Options to Renew the
lease at ninety-five (95) % of the then current market rate at
the time of renewal, subject to six (6) months prior to written
notice.
10.) Option to Sublease: Tenant will require the right to Sublease the space with prior
written consent of Landlord, which shall not be unreasonably
withheld, conditioned or delayed by the Landlord.
11.) Right of First Offer: Tenant requires the Right of First Offer on any contiguous
space that is, or becomes available during the lease term.
This Request for Proposal is not intended to be legally binding on either party and is
subject at all times, to a fully executed lease agreement.
Sincerely,
Rossi Real Estate Corp.
Gina M. Rossi
Associate
Phone 630-652-2963
Fax 630-652-2964
E-Mail rossigm@rossi-realestate.com