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Commissioners approve amended lease with Disruptive MedTech after negotiation over utilities and exterior repairs
Summary
Albany County approved an amended commercial lease with Disruptive MedTech LLC (DMTI) for 3821 Beech Street after negotiations narrowed tenant responsibilities for building exterior repairs and clarified utility obligations. DMTI asked the county to remove utilities from tenant obligations; the board approved a compromise.
Albany County commissioners on Thursday approved an amended commercial lease with Disruptive MedTech LLC for county-owned space at 3821 Beech Street, adopting revisions that narrow tenant responsibility for certain exterior building repairs and clarify utility payment and maintenance obligations.
DMTI's representative, who described the company as a local medical device manufacturer founded during the COVID-19 pandemic, asked commissioners to modify an upcoming three-year lease extension so the company would not be responsible for utilities and would have fewer obligations for physical building components. The company said it has grown local payroll and supplier relationships but remains "just barely, barely profitable" as it invests to…
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