CONTRACTAPPROVED

City of Fresno - Dept. of Public Utilities Awards Facilities Contract to 747 R Street LLC (December 2023)

City of Fresno - Dept. of Public Utilities logoCity of Fresno - Dept. of Public Utilities
Disclosed value
$800,301.60 annually plus $364,581.84 in CAM annually, with 3% annual rent increases
From agenda
Approved
Dec 14, 2023

The 30-second brief

What it covers

The City of Fresno approved a seven-year office lease with 747 R Street, LLC for space at 747 R Street, at an initial annual rent of $800,301.60 plus $364,581.84 in CAM and 3% yearly rent increases. The lease includes three optional one-year extensions for continued occupancy.

Who holds it

747 R Street LLC holds this facilities contract with City of Fresno - Dept. of Public Utilities. Its other public contracts on record include work for City of Fresno.

What happens next

Term as filed: Seven-year lease with three optional one-year extensions.

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Contract details

Contract type
Facilities
Amount
$800,301.60 annually plus $364,581.84 in CAM annually, with 3% annual rent increases
Document date
December 14, 2023
Term
Seven-year lease with three optional one-year extensions
Source document
City of Fresno Agenda 2023-12-14 (Agenda)

747 R Street LLC's other public contracts

More City of Fresno - Dept. of Public Utilities contracts

Questions about this contract

Who was awarded the facilities contract by City of Fresno - Dept. of Public Utilities?

747 R Street LLC was awarded this facilities contract by City of Fresno - Dept. of Public Utilities, as recorded on December 14, 2023. The contract value is $800,301.60 annually plus $364,581.84 in CAM annually, with 3% annual rent increases.

How much is the 747 R Street LLC contract with City of Fresno - Dept. of Public Utilities worth?

The 747 R Street LLC contract with City of Fresno - Dept. of Public Utilities is valued at $800,301.60 annually plus $364,581.84 in CAM annually, with 3% annual rent increases, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Fresno Agenda 2023-12-14 (Agenda), dated December 14, 2023 from City of Fresno - Dept. of Public Utilities. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 747 R Street LLC hold?

747 R Street LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Fresno - Dept. of Public Utilities currently buying?

Explore City of Fresno - Dept. of Public Utilities's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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