Campus. The Alexandria Center at ▇▇▇▇▇▇▇ Square, comprised of the real property depicted on Exhibit B-1. Base Rent: $76.00 per rentable square foot of the Premises per year, adjusted as provided in Section 4 below. Rentable Area of Premises: 21,372 square feet. Rentable Area of Building: 432,932 square feet. Tenant’s Share of Operating Expenses: 4.94%. Tenant’s Share of 50-60 Garage Operating Expenses: 0.78%. Building Share of Campus Expenses: 30.26% (i.e., 364,942 square feet of Building “gross floor area” per the Cambridge Zoning Ordinance / 1,206,202 square feet of total Campus “gross floor area” per the Cambridge Zoning Ordinance). Security Deposit: $541,424.00, subject to reduction as provided in Section 6. Target Commencement Date: February 28, 2018. Rent Commencement Date: Commencement Date (as defined in Section 2 below). Rent Adjustment Percentage: 3%.
Appears in 2 contracts
Sources: Lease Agreement (Sigilon Therapeutics, Inc.), Lease Agreement (Sigilon Therapeutics, Inc.)
Campus. The Alexandria Center at ▇▇▇▇▇▇▇ Square, comprised of the real property depicted on Exhibit B-1. Base Rent: $76.00 per rentable square foot of the Premises per year, adjusted as provided in Section 4 below. Rentable Area of Premises: 21,372 22,746 square feet. Rentable Area of Building: 432,932 square feet. Tenant’s Share of Operating Expenses: 4.945.25%. Tenant’s Share of 50-60 Garage Operating Expenses: 0.78%. Building Share of Campus Expenses: 30.26% (i.e., 364,942 square feet of Building “gross floor area” per the Cambridge Zoning Ordinance / 1,206,202 square feet of total Campus “gross floor area” per the Cambridge Zoning Ordinance). Security Deposit: $541,424.00576,232.00, subject to reduction as provided in Section 6. Target Commencement Date: February 28, 2018. Rent Commencement Date: Commencement Date (as defined in Section 2 below). Rent Adjustment Percentage: 3%.
Appears in 2 contracts
Sources: Lease Agreement (Sigilon Therapeutics, Inc.), Lease Agreement (Sigilon Therapeutics, Inc.)