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Committee backs 4-year lease extension for DPH offices at South Van Ness

Budget and Finance Committee, City and County of San Francisco · October 25, 2018
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Summary

The Budget and Finance Committee recommended a four-year lease extension for Department of Public Health offices at 755–759 South Van Ness, with a negotiated rent of $40 per square foot (about 95% of market) and a CPI-based escalator bracketed between 3% and 5%.

Clerk read Item 5, a resolution authorizing the director of real estate to exercise a four‑year lease extension for real property at 755 and 759 South Van Ness and the adjacent parking lot with Aim 2 as landlord, for use by the Department of Public Health. The committee voted to forward the extension to the full…

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