Standard Office Lease (2001)Full Document 

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STANDARD OFFICE LEASE

             THIS LEASE is made and entered into as of this ____ day of April, 2001 (“Effective Date”) by and between PACIFIC CORPORATE TOWERS LLC, a Delaware limited liability company (“Landlord”), and EN POINTE TECHNOLOGIES, INC., a Delaware corporation (“Tenant”).

             Landlord hereby leases to Tenant and Tenant hereby leases from Landlord the premises consisting of a portion of the ninth (9th) floor (“Ninth Floor Premises”), more particularly described on Exhibit “A-1” attached hereto, and the entire nineteenth (19th) floor (“Nineteenth Floor Premises”), more particularly described in Exhibit “A-2” attached hereto, of that building whose address is 100 N. Sepulveda Blvd., El Segundo, California (“Building”) (the Ninth Floor Premises and the Nineteenth Floor Premises are hereafter collectively referred to as the “Premises”).  The Building is part of that certain office building project known as Pacific Corporate Towers, which includes building(s), parking structure(s), land and any other land or improvements surrounding the buildings which are designated from time to time by Landlord as appurtenant to or servicing the building(s) (“Project”).  Tenant hereby leases the Premises for the term and upon the terms and conditions hereinafter set forth, and Landlord and Tenant hereby agree as follows:

ARTICLE 1
BASIC LEASE PROVISIONS

1.1 Term.  
     
  (a) Early Occupancy Date:  June 1, 2001.
     
  (b) Commencement Date:  July 1, 2001.
     
  (c) Scheduled Expiration Date:  June 30, 2006.
     
1.2 Rentable Square Footage: Approximately Thirty-six Thousand Ninety (36,090).
     
1.3 Basic Rental:  

 

Lease Month Base
Annual Rent
  Monthly
Installments
  Monthly.
Rental Rates
 


 
 
 
1–30         $    1,082,700.00           $      90,225.00           $      2.50/RSF  
31–60         $    1,126,008.00           $      93,834.00           $      2.60/RSF  

 

1.4 Base Year: 2001
     
1.5 Tenant’s Proportionate Share: Three and Seven one tenths percent (3.7%) of Phase I.

 

  1.6 Security Deposit:  Cash in the amount of Ninety-three Thousand Eight Hundred Thirty-four Dollars ($93,834.00), subject to Article 4 hereof.
       
  1.7 Permitted Use: General office
       
  1.8 Brokers: CB Richard Ellis, Inc. for Landlord and The Seeley Company for Tenant
       
  1.9 Parking Spaces: One Hundred Forty-four (144) unreserved, subject to Article 23.
       
  1.10 Parking Charge: See Article 23
       
  1.11 Tenant Address Prior to Lease Commencement Date:  

EN POINTE TECHNOLOGIES, INC.
100 N. Sepulveda Boulevard, Suite 1900
El Segundo, CA 90245

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