The University Of Texas Permian Basin Awards Lease Contract to Src Trinity Owner Lp (November 2025)

Scope & details

The full contract record, as filed.

Contract amount

Total lease value estimated at $21,701,345 for extension/expansion; prior lease approved at $12,565,216; all-in estimate $34,266,561

Contract type

LEASE

Contract term

Extension to approximately 2035 for existing space, expansion term to 2039 for new space; details on phased commencements

Renewal date

2039-12-31

Renewal

Lease extension for current premises (~84 months from 2029) and expansion for up to 120 months; includes tenant improvement allowances and abatement features

Document type

Minutes

Source document

University of Texas System Board of Regents Meeting Minutes November 20 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the lease contract by The University Of Texas Permian Basin?

Src Trinity Owner Lp was awarded this lease contract by The University Of Texas Permian Basin, as recorded on November 20, 2025. The contract value is Total lease value estimated at $21,701,345 for extension/expansion; prior lease approved at $12,565,216; all-in estimate $34,266,561.

How much is the Src Trinity Owner Lp contract with The University Of Texas Permian Basin worth?

The Src Trinity Owner Lp contract with The University Of Texas Permian Basin is valued at Total lease value estimated at $21,701,345 for extension/expansion; prior lease approved at $12,565,216; all-in estimate $34,266,561, covering lease work.

What type of contract is this?

This is a Lease contract, documented as a minutes record.

Where was this contract approved?

This contract appears in University of Texas System Board of Regents Meeting Minutes November 20 2025 (Minutes), dated November 20, 2025 from The University Of Texas Permian Basin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Src Trinity Owner Lp hold?

Src Trinity Owner Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Src Trinity Owner Lp's profile

What is The University Of Texas Permian Basin currently buying?

Explore The University Of Texas Permian Basin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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