Applied Optoelectronics extends Duluth lease to Dec 2025, adds 1,274 RSF

APPLIED OPTOELECTRONICS, INC.

Lease extended by one year to Dec 31, 2025; no further extension rights.
Adds 1,274 RSF (Suite 114) from July 1, 2023; total premises becomes 7,527 RSF.
Monthly base rent: $8,643.51 (Jul-Dec 2023), $8,902.81 (2024), $9,169.89 (2025).
Lessee pays $1,462.98 advance base rent for expansion premises' July 2023.
Lessor provides no work or allowances; premises accepted 'as is'.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

APPLIED OPTOELECTRONICS, INC. amended Third Amendment to Lease with Albany Road-Breck Exchange, LLC valued at Extension of lease term to December 31, 2025 and expansion of premises by 1,274 sq ft (effective 2023-06-09).

Action: amendment
Agreement: lease
Counterparty: Albany Road-Breck Exchange, LLC
Value: Extension of lease term to December 31, 2025 and expansion of premises by 1,274 sq ft
Effective: 2023-06-09

Exact text from the filing

On June 9, 2023, Applied Optoelectronics, Inc. (the “Company”), entered into a Third Amendment to Lease (the “Amendment”) with Albany Road-Breck Exchange, LLC (the “Lessor”), successor-in-interest to ROIB2 Breckinridge, LLC, covering Suite 112 (the “Existing Premise”) located in 3305 Breckinridge Boulevard, Duluth, Georgia 30096 (the “Building”).

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APPLIED OPTOELECTRONICS, INC. filing history →

Source: SEC EDGAR

accession 0001683168-23-004130

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