2PR0171 - RLP Amendment No. 3 (10.16.24).pdf

Amendment No. 3 Request for Lease Proposal 2PR0171

Lease Number GS-02P-LPR00930 Bayamon, Puerto Rico

October 16, 2024

RLP NO. 2PR0171 INITIALS: _______ & _______

Page 1 of 2 LESSOR GOV’T>

Please refer to Request for Lease Proposal (RLP) Number 2PR0171 which solicits lease proposals for warehouse space in Bayamon, Puerto Rico.

This document amends the following:

1. RLP Exhibit A, Lease No. GS-02P-LPR00930, Section 1.07, Broker Commission and Commission Credit, is hereby amended as follows:

A. CBRE, Inc. (Broker) is the authorized real estate Broker representing GSA in connection with this Lease transaction. The total amount of the Commission is $XX and is earned upon Lease execution, payable according to the Commission Agreement signed between the Lessor and Broker. Only $XX of the Commission will be payable to CBRE, Inc. with the remaining $XX, which is the Commission Credit, to be credited to the shell rental portion of the annual rental payments due and owing to fully recapture this Commission Credit. The reduction in shell rent shall commence with the first month of the rental payments and continue until the credit has been fully recaptured in equal monthly installments over the shortest time practicable.

B. Notwithstanding the “Rent and Other Consideration” paragraph of this Lease, the shell rental payments due and owing under this Lease shall be reduced to recapture fully this Commission Credit. The reduction in shell rent shall commence with the first full month of the rental payments and continue as indicated in this schedule for adjusted Monthly Rent:

Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*

Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*

Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*

* Subject to change based on adjustments outlined under the paragraph “Rent and Other Consideration.”

Docusign Envelope ID: E309FCEC-752C-4270-A6C1-3E1554D18EE8

RLP No. 2PR0171 INITIALS: _______ & _______ Page 2 of 2 LESSOR GOV’T>

2. RLP Exhibit A, Lease No. GS-02P-LPR00930, Section 7.06, Additional Tenant Improvements, subparagraph J, is hereby amended as follows:

J. Installation of a new rack system for 10,378 pallets - An estimated 450 racks producing 361.1 PSI against the floor. The new rack system must be structurally certified. On the following page is the loading at the concrete slab at the baseplates for the two primary rack profiles and a statement of work (SOW) for the installation of the racking system.

Note that the racking system is considered a tenant improvement and may be affixed to the leased premises. The Government may elect to either remove the racking system or choose to abandon the racking system at the end of the lease term without obligation to restore and/or repair any penetration of the building's structure and/or leased space necessary for the installation pursuant to Paragraph 2.04 Waiver of Restoration clause in the Lease.

This document is now considered to be part of RLP No. 2PR0171. Offeror must acknowledge receipt of the RLP amendment, by signing it and returning it.

Signed:

Raffaela Battiloro Lease Contracting Officer

Receipt of Amendment No. 3 is hereby acknowledged:

Offeror’s Signature & Date

Docusign Envelope ID: E309FCEC-752C-4270-A6C1-3E1554D18EE8