Request #19-203
  Closed

 Airport Dining & Retail

All RFP Responses, Effective Rents (Minimum Annual Guarantee and Percentage) for each awardee, and the term of the lease for each awardee for the following:

Anthony's Lease Group 4a

Lucky Louies Lease Group 3

BamBuza Lease Group 4


Received

April 29, 2019 via web


Departments

None Assigned


Requester

Christi Powell

Documents

Public

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Staff

Point of Contact

Public Disclosure Pier 69

Request Closed Public

Closed

May 10, 2019, 11:08am
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Below are the effective rents (minimum annual guarantee and percentage and the term on the lease).

 

Please note that Anthony’s closed on March 31 of this year.  The new concept that was awarded as part of LG4A is Salty’s/Brewtop Social.

 

 

Salty’s/Brewtop Social Lease Group 4A

Minimum Annual Guarantee $1,200,000

Percentage Rent

Gross Sales Less than $20 Million  14.5%

Gross Sales between $20 Million and $30 Million 16.0%

Gross Sales greater than $30 Million 17.5%

 

 

Lucky Louie Lease Group 3

Minimum Annual Guarantee $400,000

Percentage Rent

Annual Gross Sales 12.5%

 

 

Bambuza Lease Group 4

Minimum Annual Guarantee $275,000

Percentage Rent

Annual Gross Sales 13.6%

May 10, 2019, 11:06am by Jerome Wilen, Manager (Staff)
Document(s) Released Public
Village Pub N Grill.zip
May 1, 2019, 7:35am
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You will find Anthony's Lease Group 4A under request 18-482(link below):

https://portofseattle.nextrequest.com/requests/18-482

You will need to access the file Lease Group 4A f-8 F-9 and Other records.  The Anthony's file is within the folder Lease Group 4-A F-8 and is the folder called Host.

 

We are providing you the links to previous requested records pursuant to RCW 42.56.520(b)

 

(b)Providing an internet address and link on the agency's web site to the specific records requested, except that if the requester notifies the agency that he or she cannot access the records through the internet, then the agency must provide copies of the record or allow the requester to view copies using an agency computer;

 

We will work with the applicable staff as it pertains to the Effective Rents (Minimum Annual Guarantee and Percentage) for each awardee, and the term of the lease for each awardee.

 

Please expect an update on this remaining part of your request on or before May 31, 2019.

 

April 30, 2019, 7:42am by Jerome Wilen, Manager (Staff)
Request Opened Public
Request received via web
April 29, 2019, 2:28pm