City of Tustin Agenda Regular Meeting 2026-06-16
Tustin Plans Sixth Amendment to Larwin Square Office Lease
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Description
Tustin is proposed to approve a Sixth Amendment to its office lease with PK II LARWIN SQUARE SC LP for space at 275 Centennial Way, extending the term to June 30, 2031. The amendment sets monthly rent at $4,638.00 with 3% annual increases and includes a $10 amendment fee.
Contract Details
Contract Amount
Monthly rent increase from $4,502.89 to $4,638.00; new annual rent $55,656 plus 3% annual increases; $10.00 amendment fee
Vendor
PK II LARWIN SQUARE SC LP
Agency
City of Tustin, CA
Contract Type
FACILITIES
Document Date
June 16, 2026
Contract Term
Extended to June 30, 2031, with 3% annual rent increases effective July 1
Renewal Date
2031-06-30
Renewal Info
Sixth amendment extends the lease term through June 30, 2031, with automatic 3% annual rent escalations starting July 1 each year; further renewal options are not specified in the agenda summary.
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