university-of-utah-meeting-minutes-2024-03-12_145.txt
Strong & Hanni Office Lease Expansion Approved by Board
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Description
Trustees approved a six-year lease expansion for Strong and Hanni law office at 102 South 200 East, Salt Lake City, at an initial annual rent of $134,901 plus escalations, commencing May 1, 2024.
Contract Details
Contract Amount
$134,901 per year with $0.45/SF annual increases
Vendor
STRONG & HANNI
Agency
University Of Utah, UT
Contract Type
FACILITIES
Document Date
March 12, 2024
Contract Term
Six (6) years, commencing May 1, 2024
Renewal Date
2030-04-30
Renewal Info
Six-year lease term; subject to annual rent increases by $0.45/SF. Eligible for renewal upon expiration.
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