CPI Aerostructures extends headquarters lease to April 30, 2031 with escalating rent

CPI AEROSTRUCTURES INC

Monthly base rent ranges from $181,782 (May 2026-Apr 2027) to $204,597 (May 2030-Apr 2031).
Annual rent for year one of extension: $2,181,384; year five: $2,455,167.
Landlord to fix drainage, roof, and HVAC within 120 days at its sole cost.
Lease term extended 5 years from prior expiration of April 30, 2026.
No broker involved; parties represent no existing defaults under the lease.

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