Federal Realty secures VW lease extension with $20k yearly
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Description
The Select Board approved the 5th amendment to the 2005 Linden Square Development Agreement for an option for the VW lease to be extended for 5 years to December 31, 2033, with a $20,000 annual payment to the Town for the full life of the lease.
Contract Details
Contract Amount
$20,000 per year
Vendor
FEDERAL REALTY
Agency
Town of Wellesley, MA
Contract Type
Lease
Document Date
September 11, 2024
Contract Term
5 years
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