X1DB--Salt Lake City, UT OPC - Lease Award Synopsis RLP: 36C10F23R0061

This serves as notice that the Department of Veterans Affairs (VA) has accepted an offer, pursuant to RLP No. 36C10F23R0061, to lease 85,042 Net Usable Square Feet (NUSF) of medical space and 600 parking spaces for a 20-year firm term at 3711 State Street in Salt Lake City, UT for the Salt Lake City, UT Outpatient Clinic (OPC). The Lease has been awarded to the following Lessor: LEGACY INVESTMENT AND MANAGEMENT, LLC 100 N. City Parkway, STE 1520 Las Vegas, NV 89106-4614 The commencement date of this Lease shall be more specifically set forth in a Lease Amendment upon substantial completion and acceptance of the Space by the Government. Total Lease Contract Value (TLCV)*: $200,500,000.00 *Note: The Total Lease Contract Value (TLCV) recited herein is the entire lease award amount at initial award, including the dollar value of option periods, if applicable, plus any lump-sum and/or amortized tenant improvement costs reflected in the rent schedule. Lump-sum tenant improvement costs based on allowances and definitized post-award/post-design are computed based on the lease ABOA SF and allowance value.