Committee advances 10‑year Host International lease at SFO with $733,176 minimum guarantee

Apr 3, 2013

The subcommittee advanced a 10-year lease with Host International for three newsstands and one newsstand café at SFO, with a minimum annual guarantee of about $733,176; the budget analyst said first-year percentage rent is estimated at about $814,800 and recommended approval.

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The Budget & Finance Subcommittee advanced a proposed 10-year lease between the Airport and Host International for three newsstand locations and one newsstand café at San Francisco International Airport. Kathy Weidner (San Francisco Airport) said the locations total roughly 5,617 square feet across the International Terminal piers and Terminal 3; three locations are currently operational and the Terminal 3 site will be accessible after construction is complete.

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