SAFECO CORP | Alston, Courtnage & Bassetti LLP | Hines Fund Management, LLC | Hines Holdings, Inc | Hines Interests Limited Partnership | Hines National Office Partners Limited Partnership | NOP 1001 FOURTH LLC | SAFECO INSURANCE COMPANY OF AMERICA
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Title: Basic Lease Information Sheet Governing Law: Washington Date: 12/14/2007 Industry: Insurance (Prop. and Casualty) Sector: Financial
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Exhibit
10.1
Basic Lease Information
Sheet
1.
Date of
Lease
May 23, 2006
2.
Tenant:
SAFECO INSURANCE COMPANY OF AMERICA, a Washington
corporation
3.
Tenant’s Address Prior to Occupancy:
4300 Brooklyn Avenue NE
Seattle, WA 98185
Attn: Corporate Real Estate
With copy to:
Alston, Courtnage & Bassetti
LLP
Attn: Michael S. Courtnage
1000 Second Avenue, Suite
3900
Seattle, WA 98104-1045
4.
Tenant’s Address After Occupancy
1001 Fourth Avenue, Suite
[Suite # to be designated by Tenant using any floor of the
Premises.]
Seattle, WA 98154
With copy to:
Alston, Courtnage & Bassetti LLP
Attn: Michael S. Courtnage
1000 Second Avenue, Suite
3900
Seattle, WA 98104-1045
5.
Landlord:
NOP 1001 FOURTH LLC , a Delaware limited liability
company
6.
Landlord’s Address:
c/o Hines Interests
1001 Fourth Avenue, Suite
3615
Seattle, WA 98154
7.
Initial
Premises
Rentable Area:
Floor
Rentable Square Feet
8
17,766
9
17,564
10
17,569
11
17,569
12
17,569
13
17,569
14
17,569
15
17,569
16
17,569
17
17,569
27
18,116
28
18,116
29
18,116
30
18,118
31
18,116
47
18,138
A
8.
Net Rentable
Area/Tenant’s Proportionate Share:
Net Rentable Area of Premises : 284,602 square
feet
Tenant’s Proportionate
Share : Thirty-nine and 88/100 percent (39.88%)
9.
Term
Commencement Date:
See Article 2
10.
Term:
Initial Lease Term : Eleven (11) Years following the
Term Commencement Date (as defined in Section
2.l(a) below) Extension Term(s) : Two (2) options for
five (5) years each
11.
Annual
Base Rent
per square foot of
Net Rentable Area
(net of Operating
Costs) by year and
floor:
Floors 8 - 17
Floors 27 - 31
Floor 47
Year
1
$
13.00
$
13.00
$
20.50
Year
2
$
14.00
$
14.00
$
21.50
Year
3
$
15.00
$
15.00
$
22.50
Year
4
$
16.00
$
16.00
$
23.50
Year
5
$
17.00
$
17.00
$
24.50
Year
6
$
18.00
$
18.00
$
25.50
Year
7
$
19.00
$
19.00
$
26.50
Year
8
$
20.00
$
20.00
$
27.50
Year
9
$
21.00
$
21.00
$
28.50
Year 10
$
22.00
$
22.00
$
29.50
Year
11
$
23.00
$
23.00
$
30.50
Year
12
$
24.00
$
24.00
$
31.50
12.
Parking:
Tenant shall lease one (1) parking pass per one thousand five
hundred (1,500) square feet of Net Rentable
Area pursuant to Section 14.23 .
13.
Cash
Allowance:
Fifty-eight and 50/100 Dollars ($58.50) per square foot of Net
Rentable Area in the Initial Premises, to be
used as provided in Exhibit C
14.
Broker(s):
Landlord’s Broker: Pacific Real Estate Partners,
Inc.
Tenant’s Broker: Pacific Real
Estate Partners, Inc.
