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Subcommittee approves retroactive bookstore lease amendment to accommodate TSA security reconfiguration
Summary
The committee approved a retroactive amendment reducing Pacific Gateway Concessions' bookstore footprint at Terminal 1 by about 3,183 sq ft, lowering the minimum annual guarantee from $220,000 to roughly $69,960 and reimbursing $59,047 in unamortized tenant improvements to accommodate TSA security lane changes.
San Francisco Airport staff presented a retroactive first amendment to Pacific Gateway Concessions LLC’s bookstore lease to reclaim approximately 3,183 square feet at Terminal 1 to accommodate Transportation Security Administration (TSA) security lane reconfiguration. Kathy Widener said the amendment…
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