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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

LeasesHarbor Point Recruiting → Draft a document

Lease extension — Harbor Point Recruiting

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
TenantHarbor Point Recruiting
PremisesSuite 360 · 3,200 SF
Current expirationMay 31, 2027
New termJun 01, 2027 – May 31, 2032
Current rent$41.00/SF · $131,200/yr
New rent (+3.0%)$42.23/SF · $135,136/yr
Monthly$10,933 → $11,261
Annual uplift$3,936
Escalation3.0% per year
Options remaining0
StructureGross

Rent math: $41.00 × (1 + 3.0%) = $42.23/SF; × 3,200 SF = $135,136 per year.