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Subcommittee forwards 10‑year lease for DPH at 2712 Mission Street with lower rent

Budget and Finance Subcommittee, San Francisco County · March 7, 2012
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Summary

The committee forwarded a 10‑year lease for Department of Public Health at 2712 Mission Street (32,000 sq ft) at an initial annual rent of $768,000 ($2/sq ft/month), a significant reduction from prior $40.80/sq ft, and including tenant improvements and a potential rental credit; supervisors pressed departments for better lease‑tracking procedures.

The subcommittee advanced a proposed 10‑year lease for Department of Public Health (DPH) community health services at 2712 Mission Street. Marta Bayle of the Real Estate Division described the agreement as a 10‑year lease for approximately 32,000 square feet at $2 per square foot per month (initial annual rent cited as $768,000). Bayle said this reflects a negotiated…

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