American Express (Amex) Centurion Lounge
Lease Authorization
Lease Highlights and Visuals
Item No. 6i_ supp
Meeting Date: June 23, 2020
New Amex Lounge Location
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Amex Lounge Key Lease Terms
• 10 year lease, one 5 year option
• $220 psf/yr. for first 5 years, CPI adjustment at year 6
for second 5 years, and at year 11 if option is exercised
• Annual non-aeronautical revenues of $3 million
• Approx. 13,700 sf footprint (upper level)
• $16.5M Amex capital investment
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New Amex Lounge Conceptual Layout
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