UConn Seeks Ten-Year Storrs Center Lease Extension
University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of ConnecticutState · Storrs, CT- Disclosed value
- $500,054.50 per year at $33.50/SF; six months’ rent abated, approximately $250,027; $1,194,160 tenant improvement allowance
- From agendapacket
- Document date
- Oct 28, 2026
- Renews
- Free account
The 30-second brief
UConn is seeking approval for a ten-year lease extension with 1266 Storrs Road, LLC for retail and educational space at 1 Royce Circle. The proposed term runs from November 25, 2028, through November 30, 2038, and includes rent abatement, a $1.19 million tenant improvement allowance, and two additional five-year renewal options.
1266 Storrs Road LLC holds this facilities contract with University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut.
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Contract details
- Contract type
- Facilities
- Amount
- $500,054.50 per year at $33.50/SF; six months’ rent abated, approximately $250,027; $1,194,160 tenant improvement allowance
- Document date
- October 28, 2026
- Term
- Extension from 11/25/28-11/30/38; two additional five-year renewal options
- Renews
- On record
- Vendor
- 1266 Storrs Road LLC
- Source document
- University of Connecticut AgendaPacket Board of Trustees Meeting 2026-10-28 (AgendaPacket)
More University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut contracts
Questions about this contract
Who was awarded the facilities contract by University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut?
1266 Storrs Road LLC was awarded this facilities contract by University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut, as recorded on October 28, 2026. The contract value is $500,054.50 per year at $33.50/SF; six months’ rent abated, approximately $250,027; $1,194,160 tenant improvement allowance.
How much is the 1266 Storrs Road LLC contract with University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut worth?
The 1266 Storrs Road LLC contract with University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut is valued at $500,054.50 per year at $33.50/SF; six months’ rent abated, approximately $250,027; $1,194,160 tenant improvement allowance, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in University of Connecticut AgendaPacket Board of Trustees Meeting 2026-10-28 (AgendaPacket), dated October 28, 2026 from University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is University of Connecticut Board of Trustees Trustee Administration Faculty Student Committee | State of Connecticut currently buying?
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