HomeMy WebLinkAboutContracts & Agreements_52A-2025FOURTH AMENDMENT TO MULTI -TENANT OFFICE LEASE — GROSS
This Fourth Amendment ("Fourth Amendment") to the Multi -Tenant Office Lease -Gross
("Lease"), dated March 4, 2014, is made and entered into this 1 s0 day of April 2025 by and between
the City of Redlands, a municipal corporation, and a general law city ("City"), and The Law Office
of Trevor D. Martin, a Professional Corporation ("Lessee"). City and Lessee are sometimes herein
referred to individually as a "Party" and collectively as the "Parties."
RECITALS
WHEREAS, on March 4, 2014, Lessee, as Law Offices of Horspool & Horspool, a
California professional corporation (Assignor), entered into a Multi -Tenant Office Lease -Gross
with Redlands Community Investment. Corporation, a California Corporation for the lease of
approximately 2,875 square feet of rentable space and 2,500 square feet of useable space at 300
East State Street, Suite 200, Redlands, California; and
WHEREAS, Assignor and Redlands Community Investment Corporation amended that
certain Lease Agreement with the First Amendment dated June 30, 2014, Second Amendment
dated October 28, 2014, and Third Amendment dated March 30, 2015, and
WHEREAS, on September 21, 2021, City and Redlands Community Investment
Corporation entered into an Assignment and Assumption Agreement, wherein, Redlands
Community Investment Corporation assigned and transferred to City all right title and interest in,
to and under the leases for 300 East State Street; and
WHEREAS, on March 31, 2025, City, Assignor and Lessee entered into an Assignment
and Assumption Agreement, wherein, The Horspool Law Group assigned and transferred to Lessee
all right title and interest in, to and under the lease for 300 East State Street, Suite 200; and
WHEREAS, it is the desire of the City and Lessee to amend the existing Lease, specifically
with regard to the Lease Term and Ease Rent;
NOW, TIiEREFORE, for good and valuable consideration the receipt and sufficiency of
which are hereby acknowledged, the Parties agree as follows:
AGREEMENT
Section 1. Paragraph 1.3 of the Lease, entitled "Term" is hereby amended to the following:
"1.3 Term. Term commences on April 1, 2025 ("Commencement Date") and ends on
October 31, 2029."
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Section 2. Paragraph 1.5 of the Lease, entitled "Base Rent" is hereby amended to read as
follows:
' 1.5 Base Rent. The monthly Base Rate during the Term shall be as follows.
Mouths Monthly Base Rent
April 1, 2025 — October 31, 2025 $4,536.07
November 1, 2025 — October 31, 2026 $4,717.51
November 1, 2026 — October 31, 2027 $4,906.21
November 1, 2027 — October 31, 2028 $5,102.46
November 1, 2028 — October 31, 2029 $5,306,56
Rent for any partial month shall be prorated based on the number of days of Lessee's
occupancy during such month."
Section 4. No Broker Involvement. City and Lessee each represent and warrant to the other
that it has not employed any broker in connection with this Amendment.
Section 5. Integration of this Amendment and the Lease. This Amendment and the Lease
shall, for all purposes, be deemed to be one instrument. In the event of any conflict between the
terms and provisions of this Amendment and the terms and provisions of the Lease or other
amendments, the terms and provisions of -this Amendment shall, in all instances, control and
prevail. Except as expressly defined herein, all words and phrases which are defined in the Lease
shall have the same meaning in this Amendment as are ascribed to said words and phrases in the
Lease.
Section 6. Authority. Lessee represents and warrants to City that each individual executing
this Amendment on behalf of Lessee is authorized to do so. Lessee also represents and warrants to
City that neither Lessee nor the entities or individuals constituting, owning or controlling Lessee
or which may be owned or controlled by Lessee are among the individuals or entities identified on
any list compiled pursuant to Executive Order 13224 for the purpose of identifying suspected
terrorists.
Section 7. Effect of this Amendment. Except as expressly modified or amended by this
Amendment, the Lease and all terms, covenants and conditions contained therein shall remain
unchanged and in full force and effect.
SIGNATURES ON FOLLOWING PAGE
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IN WITNESS WHEREOF, the parties have execrated this Fourth Amendment, to be
effective as of the date first written above, April 1, 2025,
CITY OF REDLANDS
Chris Boatman, Assistant City Manager
ATTEST;
>� 4t4 m��
Je6nfe Donaldson, City Clerk
THE LAW OFFICE OF TREVOR D.
MARTIN, A PROFESSIONAL
CORPORATION
Trevor D. Martin, Principal
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