Office Space and Warehouse Flex Space, Long Beach, CA

Place of Performance
Long Beach, CA and surrounding areas

Period of Performance
10 years

Work Details
The contract involves the lease of office space and warehouse flex space in Long Beach, CA. The delineated area is within a 6-mile radius centered on Long Beach ATCT 3601 East Spring Street, with a Northern boundary of California Highway 91. The minimum square footage required is 4820 USF for indoor space and 3750 SF for outdoor/warehouse space, with a maximum of 6192 RSF.
Additionally, yard space of 3750 RSF is required, which can be met with a combined interior flex/warehouse space of 10,000 square feet.
Other requirements include parking spaces, parking spaces reserved for government use, termination for convenience clause in the lease, environmental certifications such as water quality test, asbestos report, and radon test prior to lease signing, and TI allowance where the FAA will reimburse the property owner for one-time build-out costs within 120 days of substantial completion.
Background
The contract also includes specific requirements such as minimum square footage for indoor and outdoor/warehouse space, yard space, parking spaces, termination for convenience clause in the lease, environmental certifications required prior to lease signing, and TI allowance.