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Meridian Tower

500 108th Avenue NE, Bellevue, WA 98004 · Office · 142,300 SF · Built 1989 (renovated 2016) · Meridian Office Investors LLC

Leases → Brightpath Media → Draft a document

Lease extension — Brightpath Media

Step 1 sets the assumptions, pulled from this lease. Step 2 drafts the document from those assumptions. Nothing is filed until you save it, and what you save is stored as a versioned draft on this lease.

1 Assumptions

Change any assumption and re-draft — the figures below recalculate from this lease.

What the draft will say

LandlordMeridian Office Investors LLC
TenantBrightpath Media
PremisesSuite 520 · 8,200 SF
Current expirationMay 31, 2028
New termJun 01, 2028 – May 31, 2033
Current rent$42.00/SF · $344,400/yr
New rent (+3.0%)$43.26/SF · $354,732/yr
Monthly$28,700 → $29,561
Annual uplift$10,332
Escalation3.0% per year
Options remaining0
StructureGross

Rent math: $42.00 × (1 + 3.0%) = $43.26/SF; × 8,200 SF = $354,732 per year.