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Lease of the 1155 Market building

Original title: “1155 MARKET BLDG LEASE”

$7.8M
paid on this contract in FY2024
$52.2M paid since FY2018, of $66.7M on file as agreed since July 2017 · runs to January 2028
January 13, 2016January 31, 2028
running

Paid to, since FY2018

The Lighthouse Building LLCprime contractor$52.2M

Paid from, FY2024

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. A special revenue fund holds money earmarked for a purpose, often grants. The fund does not say where the money first came from.

Special revenue fund · annual projects100%$7.8M

Paid year by year, FY2018–FY2024

$6.3M in FY2018 · $8.5M in FY2021 (the highest) · $7.8M in FY2024

Click a year to see its amount.

Payment detail begins FY2018 ⓘ

Type and award

Contract type: Rents and other non-purchase agreements

Award: Rent or real estate

Next contract in this departmentYerba Buena Gardens lease14th of 826 active contracts in this department by amount agreed$66.1M

Contract 1000003553 · Source: Supplier Contracts · every payment on this contract