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Item B: West Broadway Purchase Options
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Item B: West Broadway Purchase Options
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6/9/2010 1:17:29 PM
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11/21/2006 2:59:24 PM
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Agenda Item Summary
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11/27/2006
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<br />Summary of West Broadway Purchase Options <br />1st Option 1st Option 2nd Option 2nd Option <br />AddressOwnerPurchase Price <br />Notes <br />TermMoneyTermMoney <br />Dan Davis Family, LLC$ 625,000 6 months$ 3,000 6 months$ 10,000 <br />77 W. Broadway <br />(John Henry's) <br /> purchase price increases by $70,000 <br />Joshua Keim $ 830,000 6 months$ 3,000 <br />55 W. Broadway 6 months $ 4,000 <br />(formerly Latham's) <br />during 2nd option term <br />Sanjacron LLC$ 1,200,000 12 months$ 3,000 12 months$ 2,000 <br />39 W. Broadway & 800 Willamette <br />(Taco Time building) <br />purchase price increases by $100,000 <br />Lazar & Rosa Makyadath $ 1,450,000 12 months$ 3,000 <br />57 & 79 W. Broadway 12 months $ 4,000 <br />(Lazar's Bazaar) <br />during 2nd option term <br />Jens Brunn $ 1,700,000 6 months$ 6,000 <br />856 & 888 Willamette 6 months $ 12,000 <br />(Scan Design) <br />Evergreen Associates <br />$ 1,900,000 6 months$ 4,000 6 months$ 20,000 <br />62 to 94 W. Broadway <br />(Washburn Building) <br />(Connor & Woolley) <br />Prado Partners <br />$ 2,800,000 6 months$ 6,000 6 months$ 30,000 <br />44 W. Broadway & 950 Willamette <br />(Center Court Building & Hole) <br />(Connor & Woolley) <br />Evergreen Associates <br />$ 3,150,000 6 months$ 6,000 6 months$ 40,000 <br />110 to 198 W. Broadway <br />(Diva to Shawmed) <br />(Connor & Woolley) <br />Total <br />$ 13,655,000 $ 34,000 $ 122,000 <br />Attachment A <br />
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