ALSAC Office Lease

At World Trade Center West

Item No. 8c supp

Date of Meeting July 28, 2026

Approval Request

Execute the ALSAC/St Jude lease agreement at the World Trade

Center West for a term of 64-months with one 60-month option.

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WTCW Location Map

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WTCW

Base map is the Elliott Bay Connections map.

WTCW Building

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ALSAC WTCW Premises

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ALSAC Key Lease Terms

Premises 4,032 sf

Term

Initial 64 months

One (1) Option 60 months

Effective date Later of September 1, 2026

or construction permit date

Base Rent Rate $21.00/sf/yr NNN

Escalation 3.25%/yr

Abatement 6 months

Tenant Improvement Allowance $250,000

Broker Fees $22,128

Security Deposit (3 months’ rent) $31,884

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