CONTRACTAPPROVED

City of Fresno Awards Facilities Contract to 747 R Street LLC (November 2023)

Disclosed value: $800,301.60 annually plus $297,890.04 annually in CAM charges, with 3% annual increases on base rent; From agenda
Approved: Nov 16, 2023

What it covers

The City of Fresno approved a seven-year lease agreement with 747 R Street, LLC for office space at 747 R Street, with annual rent of $800,301.60 plus $297,890.04 in CAM charges and 3% annual increases. The lease includes three optional one-year extensions.

Who holds it

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

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 $297,890.04 annually in CAM charges, with 3% annual increases on base rent
Document date: November 16, 2023
Term: Seven-year lease with three optional one-year extensions
Vendor: 747 R Street LLC
Agency: City of Fresno
Source document: city_of_fresno_city_council_meeting_agenda_novembe.pdf (Agenda)

747 R Street LLC's other public contracts

City of Fresno - Dept. of Public Utilities, CaliforniaCity approves multi-year office lease at 747 R Street · Dec 14, 2023 City of Fresno, CaliforniaCity to Enter Seven-Year Office Lease at 747 R Street · Dec 14, 2023 City of Fresno - Dept. of Public Utilities, CaliforniaCity Approves Multi-Year Office Lease at 747 R Street · Dec 14, 2023 City of Fresno, CaliforniaCity approves multi-year office lease at 747 R Street · Dec 14, 2023 City of Fresno - Dept. of Public Utilities, CaliforniaCouncil continues decision on 747 R Street office lease · Dec 7, 2023 All 747 R Street LLC contractsVendor profile

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Questions about this contract

Who was awarded the facilities contract by City of Fresno?

747 R Street LLC was awarded this facilities contract by City of Fresno, as recorded on November 16, 2023. The contract value is $800,301.60 annually plus $297,890.04 annually in CAM charges, with 3% annual increases on base rent.

How much is the 747 R Street LLC contract with City of Fresno worth?

The 747 R Street LLC contract with City of Fresno is valued at $800,301.60 annually plus $297,890.04 annually in CAM charges, with 3% annual increases on base rent, 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_city_council_meeting_agenda_novembe.pdf (Agenda), dated November 16, 2023 from City of Fresno. 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 currently buying?

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

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