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SFGTV April 22, 2015

Lease for 9685 square feet of office space to 201 Mission Street in San Francisco for a term of five years and four months with ca Mission Street limited parlt ner ship. And sarah is here to give a brief report and answer any questions. Good morning, sarah jelati, i can answer any questions that you have on the staff report and our broker tony from dtz is here if you have any specific questions that i cant answer. First i appreciate the shrinking of the footprint, i know thats not always easy to do, i appreciate you keeping the cost down by doing so. My question is how you arrived at five years as a desired extension. Ill probably have tony come up and speak to what typical terms are. We were asking for three years and our understanding [inaudible]. Five years from now, three years from now, i dont know if that will be the case because theres a lot of space coming online, so it may not be as easy as we think, all we can do is hope it sounds like, if the landlords insistent, then we hav

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