Metro Fire Department Lease Planned at International Plaza

Year 1: $7,499.92/month ($89,999.00 annually), escalating 3% annually through potential nine-year maximum term

FACILITIES

Initial 5-year term starting upon receipt of Temporary Use and Occupancy Permit, plus two 2-year renewal options (maximum 9 years)

Two additional 2‑year renewal options after the initial 5‑year term, with 3% annual rent escalations throughout. MPC retains a right to terminate the lease at any time with 2 months’ notice, enabling site redevelopment after 2035.

Agenda