Ground Lease Sample Contracts

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Second Amendment to Hotel and Casino Ground Lease (March 1st, 2017)

THIS SECOND AMENDMENT TO HOTEL AND CASINO GROUND LEASE (the "Second Amendment") is made this 24th day of November, 2015 (the "Effective Date") by and between NATIONAL HARBOR GRAND LLC, a Maryland limited liability company (the "Landlord") and MGM NATIONAL HARBOR, LLC, a Nevada limited liability company (the "Tenant"), with reference to the following:

HOTEL & CASINO GROUND LEASE Between NATIONAL HARBOR BELTWAY L.C. As Landlord and MGM NATIONAL HARBOR, LLC as Tenant Dated as of April 26, 2013 (March 1st, 2017)

This hotel and casino ground lease (the "Lease") is entered into as of this 19th day of April, 2013 ("Effective Date") by and between NATIONAL HARBOR BELTWAY L.C., a Virginia limited liability company with a principal place of business at 12500 Fair Lakes Circle, Suite 400, Fairfax, Virginia 22033, as landlord (and its successor and assigns, the "Landlord"), and MGM NATIONAL HARBOR, LLC, a Nevada limited liability company, with a principal place of business at 3600 Las Vegas Boulevard South, Las Vegas, Nevada 89109, as tenant (and its successors and permitted assigns, the "Tenant").

Ground Lease (February 23rd, 2017)

This GROUND LEASE ("Lease"), is made and effective as of September 22, 2006 (the "Commencement Date"), by and between NP LAND, LLC, a Nevada limited-liability company ("Lessor"), and NEVADA PALACE, LLC, a Nevada limited liability company ("Lessee") (collectively, the "Parties," and each sometimes singularly, a "Party"), with reference to the following facts:

PBF Energy Inc. – Ground Lease (February 22nd, 2017)

This Ground Lease (this "Lease") is made and entered into this 15th day of February, 2017, by and between Chalmette Refining, L.L.C., a Delaware limited liability company ("Landlord") and PBFX Operating Company LLC, a Delaware limited liability company (hereinafter referred to as "Tenant" and, together with Landlord, the "Parties").

PBF Logistics LP – Ground Lease (February 16th, 2017)

This Ground Lease (this "Lease") is made and entered into this 15th day of February, 2017, by and between Chalmette Refining, L.L.C., a Delaware limited liability company ("Landlord") and PBFX Operating Company LLC, a Delaware limited liability company (hereinafter referred to as "Tenant" and, together with Landlord, the "Parties").

Tesoro Logistics Lp Common Unit – Ground Lease (July 7th, 2016)

This Ground Lease (the Lease) is entered into as of July 1, 2016 (the Commencement Date), between TESORO ALASKA COMPANY LLC, a Delaware limited liability company (Landlord), and TESORO LOGISTICS OPERATIONS LLC, a Delaware limited liability company (Tenant).

Ground Lease (July 7th, 2016)

This Ground Lease (the Lease) is entered into as of July 1, 2016 (the Commencement Date), between TESORO ALASKA COMPANY LLC, a Delaware limited liability company (Landlord), and TESORO LOGISTICS OPERATIONS LLC, a Delaware limited liability company (Tenant).

Tpi Composites, Inc – Ground Lease (June 17th, 2016)

THIS GROUND LEASE (Lease), dated as of October 16, 2013 (the Effective Date), is made by and between TRAILER TRANSFER, INC., a New Mexico corporation (Landlord) and TPI Mexico, LLC an Arizona Limited Liability Company (Tenant), with respect to the following facts:

Tpi Composites, Inc – Ground Lease (June 17th, 2016)

THIS GROUND LEASE (Lease), dated as of April 2014 (the Effective Date), is made by and between Lanestone 1, LLC authorized to do business in the State of New Mexico (Landlord), and TPI Mexico, LLC, a Delaware limited liability company (Tenant), with respect to the following facts:

Inland Real Estate Income Trust, Inc. – Agreement Regarding Ground Lease Assignment (October 6th, 2015)

THIS AGREEMENT REGARDING GROUND LEASE ASSIGNMENT (this "Assignment Agreement") dated as of the 1st day of October, 2015, by and between O'CONNOR/REALVEST MILFORD LLC ("Assignor") and IREIT MILFORD MARKETPLACE, L.L.C. ("Assignee").

Ground Lease (August 7th, 2015)

THIS GROUND LEASE ("Lease") is entered into by and between DWEK BRANCHES, LLC, a New Jersey limited liability company ("Landlord"), and JPMORGAN CHASE BANK, N.A., a national banking association ("Tenant").

Bluerock Residential Growth REIT, Inc. – Ground Lease (May 14th, 2015)

This Ground Lease ("Lease") is made effective as of January __, 2015 ("Effective Date"), by and between PROKOP INDUSTRIES BH, L.P., a Texas limited partnership ("Landlord"), and BR BELLAIRE BLVD, LLC, a Delaware limited liability company ("Tenant").

Eldorado Resorts, Inc. – GROUND LEASE by and Between CITY OF SHREVEPORT, as Landlord and QNOV, as Tenant May 19, 1999 (March 16th, 2015)

THIS GROUND LEASE (this Lease) is made and entered into as of May 19, 1999 (the Commencement Date), between the CITY OF SHREVEPORT, LOUISIANA, a municipal corporation of the State of Louisiana, represented by Keith Hightower, its Mayor, duly authorized to act under Ordinance No.217: of 1998 of the City of Shreveport (Landlord), and QNOV, a Louisiana general partnership, represented herein by and through its general partners Sodak Louisiana, L.L.C., which in turn is appearing herein by and through Jack E. Pratt, its Manager, duly authorized and HWCC-LOUISIANA, INC., which in turn is appearing herein by and through Jack E. Pratt, its President, duly authorized (QNOV).

Second Amendment to Ground Lease (October 20th, 2014)

THIS SECOND AMENDMENT TO GROUND LEASE (this Amendment) is made and entered into this 31st day of January, 2008 (the Effective Date), by and between CROTCHED MOUNTAIN PROPERTIES, L.L.C., a New Hampshire limited liability company (Landlord), and S N H DEVELOPMENT, INC., a Missouri corporation (Tenant).

Ground Lease (October 20th, 2014)

THIS GROUND LEASE (Lease) is made and entered into as of this 27th day of May, 2003 (the Effective Date) by and between CROTCHED MOUNTAIN PROPERTIES, L.L.C., a New Hampshire limited liability company, (herein referred to as Landlord) and S N H DEVELOPMENT, INC., a Missouri corporation herein referred to as Tenant),

Tesoro Logistics Lp Common Unit – First Amendment to Ground Lease (July 1st, 2014)

THIS FIRST AMENDMENT TO GROUND LEASE (the First Amendment) is made and entered into as of July 1, 2014, by and between TESORO REFINING & MARKETING COMPANY LLC, a Delaware limited liability company and formerly known as Tesoro Refining and Marketing Company (Landlord), and TESORO LOGISTICS OPERATIONS LLC, a Delaware limited liability company (Tenant).

Tesoro Logistics Lp Common Unit – Ground Lease (July 1st, 2014)

This Ground Lease (the Lease) is entered into as of July 1, 2014 (the Commencement Date), between TESORO REFINING & MARKETING COMPANY LLC, a Delaware limited liability company (Landlord), and TESORO LOGISTICS OPERATIONS LLC, a Delaware limited liability company (Tenant).

Syms Corporation – Assignment of Ground Lease, General Assignment and Bill of Sale (May 22nd, 2014)

THIS ASSIGNMENT OF GROUND LEASE, GENERAL ASSIGNMENT AND BILL OF SALE (the "General Assignment and Bill of Sale") is made as of the 20th day of May, 2014 by TRINITY PLACE HOLDINGS INC., a Delaware corporation ("Seller" or "Assignor"), successor-by-merger to Syms Corp., having an address at 1 Syms Way, Secaucus, New Jersey 07094 to ASG EQUITIES SECAUCUS LLC, a Delaware limited liability company, having an address at c/o 22 Cortland Street, 5th Floor, New York, New York 10007 ("Purchaser" or "Assignee"). This General Assignment and Bill of Sale amends, restates and supersedes that certain General Assignment and Bill of Sale dated March 24, 2014.

Third Amendment to Ground Lease (May 1st, 2014)

This Third Amendment to Ground Lease (the "Amendment") is made and entered into as of January 1, 2014 (the "Effective Date"), by and between THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY, a body having corporate powers under the laws of the State of California ("Lessor"), and 3401 HILLVIEW LLC, a Delaware limited liability company ("Lessee").

RESTATED AND AMENDED PLEASANTON GROUND LEASE BY AND BETWEEN SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT, AS LANDLORD and CREA/WINDSTAR PLEASANTON, LLC, AS TENANT (March 31st, 2014)

THIS RESTATED AND AMENDED PLEASANTON GROUND LEASE (this Lease) is made as of January 30, 2014 (the Effective Date), by and between SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT, a rapid transit district established pursuant to Public Utilities Code section 28500, et seq. (Landlord), and CREA/WINDSTAR PLEASANTON, LLC, a Delaware limited liability company (Tenant).

Terminals 2 and 3 Ground Lease Rights Agreement (December 9th, 2013)

This Terminals 2 and 3 Ground Lease Rights Agreement (this Agreement), dated as of December 6, 2013 (the Effective Date), is by and between Tesoro Logistics Operations LLC, a Delaware limited liability company (the Operating Company), and for purposes of Section 3.1 only, Tesoro Logistics GP, LLC, a Delaware limited liability company (the General Partner), and Tesoro Logistics LP, a Delaware limited partnership (the Partnership), on the one hand and Tesoro Refining & Marketing Company LLC, a Delaware limited liability company (TRMC), on the other hand. The above-named entities are sometimes referred to in this Agreement individually as a Party and collectively as the Parties.

Tesoro Logistics Lp Common Unit – Terminals 2 and 3 Ground Lease Rights Agreement (December 9th, 2013)

This Terminals 2 and 3 Ground Lease Rights Agreement (this Agreement), dated as of December 6, 2013 (the Effective Date), is by and between Tesoro Logistics Operations LLC, a Delaware limited liability company (the Operating Company), and for purposes of Section 3.1 only, Tesoro Logistics GP, LLC, a Delaware limited liability company (the General Partner), and Tesoro Logistics LP, a Delaware limited partnership (the Partnership), on the one hand and Tesoro Refining & Marketing Company LLC, a Delaware limited liability company (TRMC), on the other hand. The above-named entities are sometimes referred to in this Agreement individually as a Party and collectively as the Parties.

CNL Healthcare Properties, Inc. – Second Amendment to Ground Lease (August 29th, 2013)

THIS SECOND AMENDMENT TO GROUND LEASE (this Second Amendment) made as of the 10th day of July, 2013, by and between METRO KNOXVILLE HMA, LLC, a Tennessee limited liability company (Landlord), and KNOXVILLE EQUITY PARTNERS, LLC, a Tennessee limited liability company (Tenant) (Landlord and Tenant are referred to together as the Parties).

CNL Healthcare Properties, Inc. – Second Amendment to Ground Lease (August 29th, 2013)

THIS SECOND AMENDMENT TO GROUND LEASE (the Second Amendment) made as of the 27th day of October, 2008 by and between ST. MARYS HEALTH SYSTEM, INC., a Tennessee nonprofit corporation (Landlord) and EMORY DEVELOPMENT PARTNERS, LLC a Tennessee limited liability company (Tenant).

CNL Healthcare Properties, Inc. – AFTER RECORDING THIS INSTRUMENT SHOULD BE RETURNED TO: John Ruffier, Esquire Lowndes, Drosdick, Doster, Kantor & Reed, P.A. (August 23rd, 2013)
CNL Healthcare Properties, Inc. – GROUND LEASE 9225 and 9327 North Third Street Phoenix, Arizona 85020 (LMP Parcel) JOHN C. LINCOLN HEALTH NETWORK, an Arizona Non-Profit Corporation Landlord MMIC JCL MOB, LLC, a Delaware Limited Liability Company Tenant February 29, 2008 (August 23rd, 2013)

THIS GROUND LEASE is executed to be effective as of the date set forth on the cover page, by and between JOHN C. LINCOLN HEALTH NETWORK, an Arizona non-profit corporation, as the Landlord, and MMIC JCL MOB, LLC, a Delaware limited liability company, as the Tenant.

CNL Healthcare Properties, Inc. – GROUND LEASE 9110 North Second Street Phoenix, Arizona 85020 (NMMP Parcel) JOHN C. LINCOLN HEALTH NETWORK, an Arizona Non-Profit Corporation Landlord MMIC JCL MOB, LLC, a Delaware Limited Liability Company Tenant February 29, 2008 (August 23rd, 2013)

THIS GROUND LEASE is executed to be effective as of the date set forth on the cover page, by and between JOHN C. LINCOLN HEALTH NETWORK, an Arizona non-profit corporation, as the Landlord, and MMIC JCL MOB, LLC, a Delaware limited liability company, as the Tenant.

CNL Healthcare Properties, Inc. – AFTER RECORDING THIS INSTRUMENT SHOULD BE RETURNED TO: John Ruffier, Esquire Lowndes, Drosdick, Doster, Kantor & Reed, P.A. (August 23rd, 2013)
QTS Realty Trust, Inc. – Ground Lease (August 16th, 2013)

This GROUND LEASE (the Lease) is made and entered into as of October 2, 1997 (the Effective Date) by and among MISSION-WEST VALLEY LAND CORPORATION, a California non-profit public benefit corporation (Landlord), whose address is 3000 Mission College Boulevard, Santa Clara, California 95054, and NEXUS PROPERTIES, INC., a California corporation (NEXUS), KINETIC SYSTEMS, INC., a California corporation (KS), DIGITAL SQUARE, INC., a California corporation (DS), R. DARRELL GARY, individually, a married man (GARY), MICHAEL J. REIDY, individually, a married man (REIDY) and MICHAEL J. REIDY as Trustee of the RONALD BONAGUIDI IRREVOCABLE TRUST (BONAGUIDI), jointly and severally (collectively Tenant).

QTS Realty Trust, Inc. – Third Amendment to Ground Lease (August 16th, 2013)

THIS THIRD AMENDMENT TO GROUND LEASE (Third Amendment) is made as of this 17th day of November, 2011, between MISSION-WEST VALLEY LAND CORPORATION, a California non-profit public benefit corporation (Landlord) and QUALITY INVESTMENT PROPERTIES SANTA CLARA, LLC, a Delaware limited liability company (Tenant) and CHAD L. WILLIAMS (Williams) (for purposes of Section 13 only).

QTS Realty Trust, Inc. – Second Amendment to Ground Lease (August 16th, 2013)

THIS SECOND AMENDMENT TO GROUND LEASE (Second Amendment) is made as of this 24 day of September, 2009 between MISSION-WEST VALLEY LAND CORPORATION, a California non-profit public benefit corporation (Landlord) and QUALITY INVESTMENT PROPERTIES SANTA CLARA, LLC, a Delaware limited liability company (Tenant) and CHAD L. WILLIAMS (Williams) (for purposes of Section 11 only).

Strategic Realty Trust, Inc. – Deed in Lieu of Foreclosure Agreement (August 7th, 2013)

This DEED IN LIEU OF FORECLOSURE AGREEMENT (this "Agreement") is made as of June 10, 2013, by and among DOF IV REIT HOLDINGS, LLC, a Delaware limited liability company ("Lender"), TNP SRT LAHAINA GATEWAY, LLC, a Delaware limited liability company to be renamed "SRT LAHAINA GATEWAY, LLC" ("Borrower"), and TNP STRATEGIC RETAIL TRUST, INC., a Maryland corporation, to be renamed "STRATEGIC REALTY TRUST, INC." ("Guarantor").

First Amendment to Term Loan Agreement (June 17th, 2013)

THIS FIRST AMENDMENT TO TERM LOAN AGREEMENT (this Amendment) dated as of June 12, 2013 by and among PARKWAY PROPERTIES LP, a limited partnership formed under the laws of the State of Delaware (the Borrower), PARKWAY PROPERTIES, INC., a corporation incorporated under the laws of the State of Maryland (the Parent), each of the Lenders party hereto and KEYBANK NATIONAL ASSOCIATION, as Administrative Agent (the Administrative Agent).

Assignment of Ground Lease (June 17th, 2013)
Third Amendment to Amended and Restated Credit Agreement (June 17th, 2013)

THIS THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this Amendment) dated as of June 12, 2013 by and among PARKWAY PROPERTIES LP, a limited partnership formed under the laws of the State of Delaware (the Borrower), PARKWAY PROPERTIES, INC., a corporation incorporated under the laws of the State of Maryland (the Parent), each of the Lenders party hereto and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (the Administrative Agent).