FACILITIESAMENDED

Hospital District Extends Office Lease With ERF Tower II

Nueces County Hospital District executed a fourth amendment to its lease with ERF TOWER II, INC. for approximately 6,166 square feet at 555 North Carancahua, extending the term through May 31, 2026. The amendment revises base rental rates, adjusts parking allocations, and provides two optional one-year renewals with stepped rent increases.

Document date · May 31, 2023

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Derivita logo
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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
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Scope & details

The full contract record, as filed.

Contract amount
$8,606.71/month (6/1/2023–5/31/2024); $8,735.17/month (6/1/2024–5/31/2025); $8,863.63/month (6/1/2025–5/31/2026) plus proportionate share of excess Basic Costs and parking fees
Contract type
FACILITIES
Contract term
June 1, 2023 – May 31, 2026, with two optional one-year renewal terms
Renewal date
2026-05-31
Renewal
Initial amended term runs from June 1, 2023 to May 31, 2026. Tenant may renew for two additional one-year terms on the same terms and conditions, with an annual rental increase of $0.25 per square foot, by providing at least 90 days’ prior written notice before the end of the initial term. Tenant may also terminate early with 120 days’ written notice and payment of remaining unpaid amortized leasehold improvements.
Document type
Agreement
Source document
fourth_amendment_to_lease_nueces_county_hospital_d.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Nueces County Hospital District?

Erf Tower Ii Inc was awarded this facilities contract by Nueces County Hospital District, as recorded on May 31, 2023. The contract value is $8,606.71/month (6/1/2023–5/31/2024); $8,735.17/month (6/1/2024–5/31/2025); $8,863.63/month (6/1/2025–5/31/2026) plus proportionate share of excess Basic Costs and parking fees.

How much is the Erf Tower Ii Inc contract with Nueces County Hospital District worth?

The Erf Tower Ii Inc contract with Nueces County Hospital District is valued at $8,606.71/month (6/1/2023–5/31/2024); $8,735.17/month (6/1/2024–5/31/2025); $8,863.63/month (6/1/2025–5/31/2026) plus proportionate share of excess Basic Costs and parking fees, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agreement record.

Where was this contract approved?

This contract appears in fourth_amendment_to_lease_nueces_county_hospital_d.pdf (Agreement), dated May 31, 2023 from Nueces County Hospital District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Erf Tower Ii Inc hold?

Erf Tower Ii Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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