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Port reports progress on holdover leases; parking operators report improved revenue and new EV charging
Summary
Staff reported 271 holdover or month‑to‑month agreements with 73 in active negotiation and 65 new leases executed; the lease project has generated about $252,000 in additional monthly revenue. Parking operators Central Parking and Priority Parking reported operational improvements and higher rent streams, including a roughly 60% rent increase for Priority Parking and installation of public EV charging.
Port staff provided two related informational briefings: an update on the Port's holdover and month‑to‑month lease portfolio and a performance report on port surface parking operations.
Mark Lozewa, assistant deputy director of real estate, said the holdover/month‑to‑month project currently tracks 271 agreements split across five categories (including those in active negotiations and those that remain month‑to‑month by design). Since the project began, staff…
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