Hi Matt-
Attached please find a copy of the lease. I was extremely tired when I got home last night and just crashed out without finishing the lease. I’m so sorry about that! But I got up quite early as a result, so hopefully you’ll get this first thing in the morning.
You’ll see that there is a little bit that we’re trying to work out with Utilities….since there is so much common area involved, there is a 6% load factor for your space which combines your exclusive space and a percentage of the common area space, which is obviously quite large. We are really not sure with what intensity the space will be used, nor the amount of electricity that will be used, since this will likely not be traditional office space, so we’re willing to start out at 4% (which would be fine if usage is mainly as a part-time space for people, without unusual amounts of electrical equipment or HVAC being used), but reserve the right to move it up to 6% if the load factor warrants it. In general, 1% of utilities amounts to an average of $30-$50/month, depending on the time of year, occupancy rate and overall tenant usage. If trash removal or janitorial for this space is or might become an issue, that’s something that we can discuss.
We didn’t have an address for you so you should add that to the lease. If there are others responsible that you feel should be added that will be there on a regular basis that is fine; however, insurance would be best if it is a single policy covering the Sudo Room and all people that it might invite or allow to share its space with.
Let me know if there are any other errors, inconsistencies or anything else in the lease that you might want to discuss. I will be home until mid-afternoon at 510-635-9500.
I know that George is supposed to meet you later but we both have back-to-back acupuncture appointments on Piedmont Ave later. Mine is at 4:30 and George’s is scheduled for 5:30. If it’s possible to meet George sometime between 3 and 4:30 (whatever is most convenient for you) that would be great, because he will have to leave shortly after 5pm. Let us know what works for you.
Thanks!
Laurie
From: Matthew Senate [mailto:mattsenate@gmail.com]
Sent: Wednesday, November 07, 2012 9:45 PM
To: travology@mindspring.com; lscoop@comcast.net
Subject: Lease for "Art Studio" in 2141 Broadway
Hi George and Laurie,