HOUSE_OVERSIGHT_018737.jpg

2.2 MB

Extraction Summary

1
People
4
Organizations
2
Locations
1
Events
2
Relationships
3
Quotes

Document Information

Type: Lease abstract / real estate investment proposal
File Size: 2.2 MB
Summary

This document, labeled HOUSE_OVERSIGHT_018737, is a lease abstract from Stan Johnson Company for a proposed 12,770 sq. ft. office building in St. Thomas, USVI. It outlines a 10-year lease for the U.S. General Services Administration (GSA) to house the Department of Homeland Security and USCIS, with an annual rent of $632,756.05. While the document itself does not contain any mention of Jeffrey Epstein, its location in the U.S. Virgin Islands and its inclusion in a House Oversight document set may provide contextual relevance to broader investigations in the region.

People (1)

Name Role Context
Government employees Building Occupants
Mentioned in the context of parking, where 4 of 41 spaces are reserved for them.

Organizations (4)

Name Type Context
U.S.A., General Services Administration (GSA)
Listed as the official tenant for the property.
US Department of Homeland Security
Listed as an occupant/user of the leased space.
Citizenship and Immigration Services (USCIS)
Listed as an occupant/user of the leased space. The logo and full name appear in images on the document.
Stan Johnson Company
The company presenting the investment opportunity, identified by their logo and the tagline 'THE NET LEASE AUTHORITY®'.

Timeline (1 events)

Upon building completion
Commencement of a 10-year lease for a 12,770 RSF office space.
19-F Estate Smith Bay, Smith Bay Road, St. Thomas, USVI
U.S.A., General Services Administration (Tenant)

Locations (2)

Location Context
The property address of the proposed building.
The location of the property. Mentioned in the property address, as an image caption, and in the document footer.

Relationships (2)

General Services Administration (GSA) Landlord-Tenant/Occupant US Department of Homeland Security / Citizenship and Immigration Services (USCIS)
The GSA is listed as the tenant, leasing the space for use by DHS and USCIS.
Stan Johnson Company Broker/Lessor to Lessee General Services Administration (GSA)
Stan Johnson Company is presenting the 'GSA Investment & Acquisition Opportunity', indicating they are marketing the property to or on behalf of the GSA.

Key Quotes (3)

"Modified Gross - Tenant pays increases in taxes over a base year that will be established upon full assessment"
Source
HOUSE_OVERSIGHT_018737.jpg
Quote #1
"GSA pays adjusted rent annually based on a base rate for occupancy cost of $4.3393 per RSF ($55,412.40) times % change in CPI"
Source
HOUSE_OVERSIGHT_018737.jpg
Quote #2
"Tenant space will be built to meet requirements of LEED for Commercial Interiors"
Source
HOUSE_OVERSIGHT_018737.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (1,468 characters)

Lease Abstract
Property Address: 19-F Estate Smith Bay, Smith Bay Road
Tenant: U.S.A., General Services Administration
US Department of Homeland Security
Citizenship and Immigration Services
Property Type: 2 Story, Built-to-Suit Office
Building Area (SF): 12,770 RSF
Lot Size (Acres): 1.89 Acres
Year Built: To-be-built
Lease/Rent Commencement: Upon building completion
Lease/Rent Expiration: 10 years after building completion
Base Lease Term: 10 years
Base Lease Term Remaining: 10 Years
Current Annual Rent: $632,756.05
Amortized Tenant Improvements (annual): $55,433.62
Rental Increases (in base term): None
Renewal Options: None
Lease Type: Modified Gross - Tenant pays increases in taxes over a base year that will be established upon full assessment
Expense Detail: Operating Expenses are full service, exclusive of tenant electric. GSA pays adjusted rent annually based on a base rate for occupancy cost of $4.3393 per RSF ($55,412.40) times % change in CPI
Ownership Type: Fee Simple; Build-to-suit
ROFR/Right of First Offer: None
Termination Option: None
Parking: 41 spaces, of which 4 shall be reserved for Government employees
LEED: Tenant space will be built to meet requirements of LEED for Commercial Interiors
St. Thomas, USVI
USCIS
U.S. Citizenship and Immigration Services
U.S. DEPARTMENT OF HOMELAND SECURITY
Page 11
GSA Investment & Acquisition Opportunity | St Thomas, USVI
Stan Johnson Company | THE NET LEASE AUTHORITY®
HOUSE_OVERSIGHT_018737

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