Everett Port Commission Agenda Item Cover Sheet May 2026
Port of Everett plans 24‑month lease with DFW
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Description
The Port of Everett is considering approval of a 24‑month commercial lease with the WA Department of Fish and Wildlife for 1,000 square feet of office space in the SM-1 Building at a gross base rent of $18.47 per square foot per year with a 3% increase in year 2. Under the gross lease, the Port covers most operating costs while the state tenant is exempt from leasehold excise tax.
Contract Details
Contract Amount
$18.47/rsqft/yr with 3% annual increase in Year 2 (1,000 rentable square feet)
Vendor
WA DEPARTMENT OF FISH & WILDLIFE
Agency
Port Of Everett, WA
Contract Type
OTHER
Document Date
May 12, 2026
Contract Term
24-Month term beginning on or about May 2026
Renewal Info
Initial 24‑month Delegated State Rental Agreement for Suites 227 & 228; future renewal options are not described in the agenda item.
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Everett Port Commission Regular Meeting Agenda May 12 2026
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