Lease Addendum dated February 25, 2020 to Leases dated July 6, 2014 and February 1, 2019 for or premises located at 1800 Industrial Road, Suites 100, 102, 160 and 180

Contract Categories: Real Estate - Lease Agreements
EX-10.35 6 ex_201219.htm EXHIBIT 10.35 ex_201219.htm

 

Exhibit 10.35

 

February 25, 2020

 

From: 1800 Industrial, LLC

DBA Downtown Spaces

1800 Industrial Road, Suite 108G

Las Vegas, NV 89102

 

To: CLS Holdings NV, Inc.

Oasis Cannabis

1800 Industrial Road, Suite 180

Las Vegas, NV 89102

 

RE: Addendum to leases dated 7/1/2014 and 2/1/2019 for suite numbers 100, 102,160, and 180

 

It is hereby understood that TENANT CLS Holdings NV, Inc. (Oasis Cannabis) and LANDLORD 1800 Industrial, LLC (Downtown Spaces) have entered into this agreement dated on February 25, 2020.

 

Lease Term: 10 Years

 

Commencement: March 1, 2020

 

Lease Ending: February 28, 2030 with two 5-year renewal options

 

Basic Rent:

 

●

Commencing every annual anniversary, there will be a 3% increase of the base rent.
 

●

CAM Rate increase to $0.26 per square foot
 

●

There will be a Six hundred 00/100 ($600.00) Dollars increase in rent per month due to the driveway fee agreement.

 

All other terms and agreements of prior agreements will remain in full force and effect.

 

 

 

 

 

 

*Signature page to follow*

 

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/s/ Blanca Fox   Manager
Print Name: LANDLORD REPRESENTATIVE   Its:
     
     
Blanca Fox   3/12/20

1800 INDUSTRIAL, LLC

LANDLORD Signature:   

   Date:
     
     
Andrew J. Glashow   President/COO
Print Name: TENANT REPRESENTATIVE   Its:
     
     
/s/ Andrew J. Glashow   3/12/20

CLS HOLDINGS NV, INC.

TENANT Signature:

   Date:

 

 

 

 

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