City of Tustin City Council Meeting Agenda 2026-06-16
Tustin Extends Office Lease At 275 Centennial Way
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Description
The City of Tustin plans to execute a Sixth Amendment to its office lease with PK II LARWIN SQUARE SC LP for space at 275 Centennial Way, extending the term through June 30, 2031. The amendment increases monthly rent to $4,638 with three percent annual escalations and includes a $10 consideration fee.
Contract Details
Contract Amount
Monthly rent increase from $4,502.89 to $4,638.00; new total annual rent $55,656; $10.00 amendment consideration fee
Vendor
PK II LARWIN SQUARE SC LP
Agency
City of Tustin, CA
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
Through June 30, 2031; three percent annual rent increases effective July 1 each year
Renewal Date
2031-06-30
Renewal Info
Sixth amendment extending lease term to June 30, 2031, with three percent annual rent increases beginning July 1 of each year.
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