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Committee forwards Port ground lease consolidation with Aardvark Storage after holdover questions
Summary
The Port sought approval to consolidate three month-to-month tenancies into a single ground lease with Aardvark Storage Unlimited for approximately 6.2 acres on Seawall Lot 344; the committee accepted the Port—s rationale for direct negotiation due to site constraints and forwarded the lease with recommendation.
The subcommittee considered a proposed Port commission ground lease consolidating three existing tenancies into a single ground lease with Aardvark Storage Unlimited (doing business as American Storage Unlimited) for roughly 274,163 square feet (6.2 acres) at 600 Amador Street (Seawall Lot 344).
Jerry Romani of the Port Real Estate Division described the tenant—s long-term relationship with the port and the…
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