STOC AARP Lease Amendment
Blaine Burk
Aviation Real Estate and Portfolio Manager III
Item No. 8d supp
Meeting Date: November 18, 2025
Action Requested
Request Commission authorization for the Executive Director to execute a
Lease Amendment with AARP at SeaTac Office Center (STOC) to remove
2,195 square feet of office space from their leased premises.
2
Overview
• AARP has been a tenant at STOC since 2016.
They currently lease 9,034 sf of office space on
a portion of the 3
rd
and 11
th
floor
• AARP has requested to relinquish 2,195 SF of
their leased premises on the 3
rd
floor due to
underutilization
• AARP will pay the Port a termination fee of
$149,792.41 to remove the 2,195 from their
leased premises
• The Port expects to re-lease the space by Q2
2026
3
Amendment Details
4
STOC AARP Lease Amendment
Tenant Name
AARP
Space being removed from Lease
2,195 SF (Suite 315)
Removal Date
December 31, 2025
Fee
$149,792.41
Fee Due Date
30 days’ following removal date
FF&E
AARP will remove all furniture, fixtures and equipment in accordance with the
terms of its current lease
