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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 → Lakeview Capital Advisors → Draft a document

Lease extension — Lakeview Capital Advisors

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
TenantLakeview Capital Advisors
PremisesSuite 820 · 3,800 SF
Current expirationApr 30, 2028
New termMay 01, 2028 – Apr 30, 2033
Current rent$46.00/SF · $174,800/yr
New rent (+3.0%)$47.38/SF · $180,044/yr
Monthly$14,567 → $15,004
Annual uplift$5,244
Escalation3.0% per year
Options remaining0
StructureGross

Rent math: $46.00 × (1 + 3.0%) = $47.38/SF; × 3,800 SF = $180,044 per year.