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Council approves third addendum to Beach Boulevard commercial lease, increases rent abatement period
6490185 · September 25, 2025
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Summary
The council approved an addendum to the triple‑net lease for city property at 15550 Beach Boulevard that increases the rent‑abatement period on the rear portion of the site to 36 months and adjusts the annual rent total.
The council approved addendum number 2 to the commercial triple‑net lease for city‑owned property at 15550 Beach Boulevard (the Lin family lease) during its Sept. 24 meeting.
Ryan Salls, senior management analyst, said the current…
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