Item No.
Date of Meeting

ALSAC Office Lease
At World Trade Center West

8c supp
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.

2

WTCW Location Map

WTCW
Base map is the Elliott Bay Connections map.

3

WTCW Building

4

ALSAC WTCW Premises

5

ALSAC Key Lease Terms
Premises
Term
Initial
One (1) Option
Effective date
Base Rent Rate
Escalation
Abatement
Tenant Improvement Allowance
Broker Fees
Security Deposit (3 months' rent)

4,032 sf
64 months
60 months
Later of September 1, 2026
or construction permit date
$21.00/sf/yr NNN
3.25%/yr
6 months
$250,000
$22,128
$31,884
6