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Nassau Bay council authorizes two-year lease extension with Barrios Technology Ltd.
Summary
The City Council voted 5–0 to authorize the interim city manager to sign a 24-month lease extension with Barrios Technology Ltd., increasing base rent slightly and granting a $7-per-square-foot construction allowance; the tenant may exercise multiple 12‑month extensions later.
The Nassau Bay City Council on Dec. 9 authorized the interim city manager to sign a 24‑month lease renewal with Barrios Technology Ltd., extending the agreement through January 2028 and approving modest rent and allowance changes.
Staff told the council the extension runs from February 2026 through January 2028, and that the base rent would rise from about $21 per rentable square foot to roughly $22.05 — an…
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