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Committee approves interim 1145 Market lease for San Francisco Law Library with conditions and executed-contract filing requirement
Summary
The committee approved a proposed interim lease at 1145 Market Street for the San Francisco Law Library (initial ~13,155 sq ft with potential expansion to 20,000 sq ft), including a $500,000 tenant improvement allowance and an amendment to require the city department to file the executed contract for the record; litigation over the library's relocation remains pending but a preliminary injunction hearing was taken off calendar.
The Budget & Finance Committee on June 5 approved a resolution authorizing an interim lease for the San Francisco Law Library at 1145 Market Street.
John Updike, Director of Real Estate, described the Fourth Floor offer (approximately 13,155 square feet) with an option to expand onto part of the Second Floor to reach 20,000 square feet. The lease terms include base rent of about $39 per square foot net of…
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