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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 → Cedar & Stone Architects → Draft a document

Lease extension — Cedar & Stone Architects

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
TenantCedar & Stone Architects
PremisesSuite 610 · 7,600 SF
Current expirationSep 30, 2028
New termOct 01, 2028 – Sep 30, 2033
Current rent$43.00/SF · $326,800/yr
New rent (+3.0%)$44.29/SF · $336,604/yr
Monthly$27,233 → $28,050
Annual uplift$9,804
Escalation2.5% per year
Options remaining0
StructureGross

Rent math: $43.00 × (1 + 3.0%) = $44.29/SF; × 7,600 SF = $336,604 per year.