Lease · approved January 26, 2021
Shared office lease at 9320 Telstar Ave., El Monte
LA County · Public Health; Public Social Services; Children and Family Services
What it pays for and how it works
On January 26, 2021, the Board approved a 10-year lease for continued occupancy by the Departments of Public Health, Public Social Services and Children and Family Services at 9320 Telstar Avenue, El Monte (Supervisorial District 1). The landlord is Rising Realty Partners, LP, or an acceptable affiliate. The estimated total cost over the 10 years is $56,855,000.
The lease covers 176,310 square feet, described as including 163,000 square feet of office and warehouse space, and 599 on-site parking spaces. The estimated maximum first-year base rent is $4,690,464. With five months of free rent, the adjusted first-year base rent is $2,736,104. Low-voltage work is capped at $1,000,000 if paid in a lump sum, or $1,108,000 if paid over five years at 6% interest.
The CEO may exercise early termination rights and any renewal options, and may lease supplemental parking. The CEO also holds a right of first offer on up to 72,651 square feet of additional warehouse space with 30 parking spaces, with first-year rent capped at $1,387,520. The Board item (Item 29, File 21-0473) passed 5-0 and was found exempt from CEQA. The record does not name the programs housed in the building.
Where the money comes from
The Statement of Proceedings lists each department's funding mix. Public Health is 32% State, 51% federal and 17% net County cost. Public Social Services is 82.88% State and federal and 17.12% net County cost. Children and Family Services is 45% federal and State and 55% net County cost. The record does not split the $56,855,000 among the three departments.
Records
Approved amounts are the most that can be spent, not money already paid. Payments show up later in the City's Checkbook L.A. or the County's expenditure data.
Approved the same day
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