Gillespie Field ground lease term extended
Town of ValleyCity · SD- Document date
- Jun 25, 2025
- Term
- 50 years, extendable to 99 years
The 30-second brief
Amendment to industrial ground lease extends the term to an additional 25 years, allowing a total potential lease term of 99 years and allows WELD to access financing opportunities, continue developing the project, support its amortization, and align with best leasing practices.
Sgclmcweld Investment holds this industrial ground lease amendment contract with Town of Valley. Its other public contracts on record include work for San Diego County and Housing Authority of the county of San Diego.
Term as filed: 50 years, extendable to 99 years.
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Contract details
- Contract type
- Industrial Ground Lease Amendment
- Document date
- June 25, 2025
- Term
- 50 years, extendable to 99 years
- Vendor
- Sgclmcweld Investment
- Agency
- Town of Valley
- Source document
- town-of-valley-agenda-2025-06-25_f68.pdf (Agenda)
Sgclmcweld Investment's other public contracts
More Town of Valley contracts
Questions about this contract
Who was awarded the industrial ground lease amendment contract by Town of Valley?
Sgclmcweld Investment was awarded this industrial ground lease amendment contract by Town of Valley, as recorded on June 25, 2025.
What type of contract is this?
This is a Industrial Ground Lease Amendment contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-valley-agenda-2025-06-25_f68.pdf (Agenda), dated June 25, 2025 from Town of Valley. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Sgclmcweld Investment hold?
Sgclmcweld Investment may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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