Item No. 8d supp
Meeting Date: November 18, 2025

STOC AARP Lease Amendment

Blaine Burk
Aviation Real Estate and Portfolio Manager III

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.

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Overview
• AARP has been a tenant at STOC since 2016.
They currently lease 9,034 sf of office space on
a portion of the 3rd and 11th floor
• AARP has requested to relinquish 2,195 SF of
their leased premises on the 3rd 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

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Amendment Details
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

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