Southern Oklahoma Technology Center Regular Meeting Agenda August 2025
Board Approves 5-Year Land Lease to JRE Strategies, LLC
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Description
The district approved a 5-year lease agreement with JRE Strategies, LLC for two acres of unimproved land at $4,000 per month, with automatic renewals and annual rent escalations.
Contract Details
Contract Amount
$4,000.00/month (first and last month upfront) (total $8,000.00 at execution); increases 2.5% annually
Vendor
JRE STRATEGIES LLC
Agency
Southern Oklahoma Technology Center, OK
Contract Type
FACILITIES
Document Date
August 14, 2025
Contract Term
60 months initial, automatic 60 month renewals
Renewal Date
2030-12-13
Renewal Info
Automatic 60 month renewals; 2.5% annual rent increase, with 180 days' notice required to avoid auto-renewal.
More from JRE STRATEGIES LLC
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PENDINGAtoka City Council Meeting Agenda April 6, 2026
PENDINGAtoka City Industrial Development Authority Agenda April 6 2026
PENDINGSouthern Tech Board Meeting Minutes August 14 2025
APPROVEDSouthern Technology Center District #20 Commercial Property Lease JRE Strategies LLC 2025
AWARDEDMore from Southern Oklahoma Technology Center
Southern Oklahoma Technology Center Agenda 2026-06-11
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Southern Oklahoma Technology Center Agenda 2026-06-11
Southern Oklahoma Technology Center Agenda 2026-06-11
Southern Oklahoma Technology Center Agenda 2026-06-11
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