3rd Amendment 10/18/2023 GCitS
� z t Kevin Madok, CPA
Clerk of the Circuit Court& Comptroller Monroe County, Florida
DATE: March 28, 2024
TO: NN'illia to Desautis, Director
l"acilitic's M;r:intcrrancc
A Alice Steryou
Contract Monitor
FROM: I'micla G. I larrcoc , c,
SUTAJF,C F: C)ctoher 18, 2023 11 )C"C Mcctin
Attachc d is arr electronic copy of`eaclr of(lie following items liar•your handling:
C'8 3rc1 Arrrcrrclruent to the Slrcrplring Center lxiisc for I_'nit 13-2„ at tlrc Bid, fine Key
Slrolalairrg Center, for use as the District 2 Comity C'orurnissicarrcr's office, to acknowlec gc. the sale
aattlrc property h�orrr till US Bit fine Key 2019, 1.11-1 to Big Pine lacy C)wrrcr I,1,C , <rrrcl tea
a11crrcl tltc law.rsc to rellect tlrc new addresses J'Or uouces to the larrcllorcl.
C'19 1st Arnenclrnerrt to the Slroppirrg C_'crrtcr• IA°asc fire C lint C.:' 1, C-2, and C-3 at tlrc Big
Pine Shopping Center, for use as fire Monroc C'ourrty C'ommurrit.y Center; to acknowledge tlrc sale
of'tlrc: property f'rorrr IIII 11 1 S Bit fine Key 2019, 1,1,C' to Big Pine Key C>wrrer I.1.C`, is the new
owner a.ncl 1aucllorcl; a.ucl to arnerrcl laantgralalrs 25 and 26 of t,lrc Basic lxasc '1'crms to reflect 1.11c.
new aciclr•csses lot-notices to dw landlorcl arrcl I'or laayrncrrts clue to the laucllor&
Sboulcl you lmvc a.rry questions please feel free to contact me at (305) 292-13550.
CC: Comity Attcarncy
S. Rubioa
C'. C'ollirrs
1"inarrce
F'ilc.
KEY WEST MARATHON PLANTATION KEY
500 Whitehead Street 3117 Overseas Highway 88770 Overseas Highway
Key West, Florida 33040 Marathon, Florida 33050 Plantation Key, Ronda 33070
THIRD AMENDMENT TO SHOPPING CENTER LEASE
This Third Amendment to Shopping Center Lease is made and entered into on the 18th day of
October, 2023, by and between Big Pine Key Owner LLC, a Florida Limited Liability Company,
authorized to do business in the State of Florida, (hereinafter"Landlord") and Monroe County Board of
County Commissioners, a political subdivision of the State of Florida, (hereinafter"Tenant" or"County")
for Monroe County Commissioner District 2 office space.
WHEREAS, on the 17th day of February,2021,the BOCC approved to enter into a Shopping Center
Lease ("Original Lease") for Unit B-2 at the Big Pine Shopping Center for use as the District 2
Commissioner's Office and authorization for the Mayor to execute the required Lease after review by the
County Attorney's Office; and
WHEREAS, on the I Ith day of March, 2021, the parties subsequently fully executed the final
approved Original Lease dated March 10, 2021; and
WHEREAS, on the 17th day of August, 2022, the parties entered into a First Amendment to
Shopping Center Lease for Unit B-2 at the Big Pine Shopping Center to amend the BASIC LEASE TERMS
to revise Paragraph 25 to reflect the new addresses for notices to the Landlord; and
WHEREAS, on the 22nd day of March, 2023, the parties entered into a Second Amendment to
Shopping Center Lease for Unit B-2 at the Big Pine Shopping Center to exercise the option to renew the
Lease term for four(4) additional years with the new term to commence on May 1, 2023, and terminate on
April 30, 2027, with the minimum base rent to start at $18.00 per square foot for the first year of the new
term, and 3% annual increases as per the Original Lease terms. The annual fees for common area
maintenance, trash, insurance, and taxes are also adjusted accordingly as per the lease terms; and
WHEREAS, Tenant has now received a Notice from the Property Management Company, MCB
Property Management LLC, that UH US Big Pine 2019 LLC, as Seller and former Landlord, has conveyed
its interest in the property commonly known as Big Pine Shopping Center ("Property") to Big Pine Key
Owner LLC, as Purchaser, including assignment of all of Seller's right, title, and interest in and to the
Original Lease, together with any security deposits or letters of credit held thereunder; and
WHEREAS, the parties have found the Original Lease to be mutually beneficial; and
WHEREAS, the parties would like to enter into a Third Amendment to Shopping Center Lease for
Unit B-2 at the Big Pine Shopping Center to acknowledge the sale of the Property and amend the BASIC
LEASE TERMS to revise Paragraphs 25 and 26 to reflect the new addresses for notices to the Landlord and
for payments due to the Landlord; and
NOW, THEREFORE, IN CONSIDERATION of the mutual promises and covenants set forth
below, the parties agree as follows:
I. The Original Lease, as amended,is hereby amended in Paragraph 2 of the Basic Lease Terms
to reflect the new owner of the Property as Big Pine Key Owner LLC, a Florida Limited
Liability Company, and thereby the current Landlord of this Property, as indicated in the
Notice dated August 30, 2023, from MCB Property Management, LLC directed to Tenant,
attached hereto as Exhibit"A' and made a part hereof.
1
2. Paragraph 25 of the BASIC LEASE TERMS of the Original Lease is hereby amended as
to the Landlord to read as follows:
25)Parties Designated to receive copies of all Notices(including notices of default):
If to Landlord:
Big Pine Key Owner LLC
c/o MCB Property Management LLC
2002 Clipper Park Road, Suite 105
Baltimore, MD 21211
Attn: Lease Administration
With a copy to:
Big Pine Key Owner LLC
c/o MCB Property Management, LLC
2002 Clipper Park Road, Suite 105
Baltimore, MD 21211
Attn: Legal
3. Paragraph 26 of the BASIC LEASE TERMS of the Original Lease is hereby amended as
to payments to read as follows:
26) Payments shall be made and mailed to:
Big Pine Key Owner LLC
c/o MCB Property Management, LLC
2002 Clipper Park Road, Suite 105
Baltimore, MD 21211
Attn: Accounting
4. Except as set forth in Paragraph 1 through 3 of this Third Amendment to Shopping Center
Lease, in all other respects, the terms and conditions of the Original Lease dated March 10,
2021, as amended, remain in full force and effect.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
[SIGNATURE PAGE TO FOLLOW]
2
�m
WI I NF,"SS HEI2F"OE, each party has caused this Second Amendment to Shopping Center
t<� xec uted by its duly authorized representative.
TENANT:
L ,I IN MADOK, CL,E K C'OMMISSIONLL S
e
As Deputy Clerk Or
OF p
Date: October 1.8, 2024
co
LANDLORD:
r r� Big fine Key Owner L I,C O rr " µ
X
.o
A Florida Limited Liability Company,
PAMMA EAEMS
"Title: Authorized Signatory
Date: December 21, 202
STATE OF:
COt..)N,ry m":
Subscribed and sworn to(or affirmed)before me,by means of®physical presence or Cl online notarization,
on _ _w (date) by (name of affiant).
I-le/She is personally known to rae or has produced
(type of identification) as identification.
C)"I"ALLY I'11BI_,IC��.
(SEAT.,) My C'oramission Expires:
3
EXHIBIT "A"
Landlord Notice to Tenant
4
MCB
MENP�EAL
E °firs"
UH US Big Pine 2019 LLC
c/o MCB Property Management, LLC
2002 Clipper Park Road, Suite 105
Baltimore,MD 21211
August 30, 2023
Na email, LISPS
Monroe County Board of Commissioners
Alice Steryou
123 Overseas Highway
Rockland Key, FL, 33040
Re:Notice of Sale of Property
Dear Tenant:
Please be advised that UH US Big Pine 2019 LLC, a Delaware limited liability company ("Seller'), has
conveyed its interest in the property commonly known as Big Pine Shopping Center (the "Property') to
Big Pine Key Owner LLC, a Florida limited liability company ("Purchaser"). The conveyance of the
Property to Purchaser included an assignment of all of Seller's right, title, and interest in and to the lease
between you and Seller with respect to the Property (as same may have been amended, the "Lease")
together with any security deposits or letters of credit held thereunder.
MCB Property Management, LLC("MCB"),will be performing financial accounting, and operating
services for the Property. Please promptly send your payments of rent, additional rent, and other sums due
under the Lease to the following:
Payments via mail:
Big Pine Key Owner LLC
c/o MCB Property Management LLC
2002 Clipper Park Road, Suite 105
Baltimore, MD 21211
Attn: Accounting
"PLEASE NOTE—BANK ACCOUNT INFORMATION SHOULD BE VOICE VERIFIED BY
CALLING MCB HEADQUARTERS AT 410-662-0104—ASK TO SPEAK WITH AMY BROWN
OR ANGELA MARTIN. **
2002 Clipper Park Rd. I Suite 105 1 Baltimore,MD 21211
www.mcbrealestate.com
MCB
MEN --------------I--------
In addition,to the extent required by the Lease,please amend all insurance policies you are required to
maintain pursuant to the Lease to named Purchaser,lender and manager as an additional insured
thereunder and promptly provide MCB's Lease Administrator with a current certificate evidencing such
insurance policies.
The additional insureds to be named are as follows:
Owner: Big Pine Key Owner LLC
c/o MCB Real Estate LLC
2002 Clipper Park Road, Suite 105
Baltimore,Maryland 21211
Property Manager: MCB Property Management LLC
2002 Clipper Park Road, Suite 105
Baltimore,Maryland 21211
All correspondence regarding the terms and conditions relative to the Lease (including giving notice
under the Lease) should be directed to the following addresses:
Notice Address: Conv to:
Big Pine Key Owner LLC Big Pine Key Owner LLC
c/o MCB Property Management LLC c/o MCB Property Management LLC
2002 Clipper Park Road, Suite 105 2002 Clipper Park Road, Suite 105
Baltimore,MD 21211 Baltimore,MD 21211
Attn: Lease Administration Attn: Legal
**For any service, repair, or maintenance request please send an email to
Servuce�7M;f:°IfllfetllE�sfiafi:ewcom with a written description of the issue,the location,and any photos
of the area or item(s)in question.**
Your contacts for the Landlord are listed on Schedule I. Kindly complete and return the attached Tenant
Contact Information sheet,attached as Schedule II, so that we can have appropriate contact resources for
you. Please return this information to el one s c�,mcbrealestate.com.
2002 Clipper Park Rd. I Suite 105 1 Baltimore,MD 21211
www.mcbrealestate.com
MCB
MENP�EAL ESTA'r'E--------------I--------
Very truly yours
UH US Big Pine 2019 LLC
UH US Big Pine 2019 LLC, a Delaware limited liability company
By: United Hampshire US Holdings, LLC,
A Delaware limited liability company,
Its sole member
/I
)ii�ja"'
By: —
Name: Derek Gardella
Title: Chief Investment Officer
Cc: [Required Notice Parties Under the Lease]
2002 Clipper Park Rd. I Suite 105 Baltimore,MID 21211
www.mcbrealestate.com
Big Pine Key Owner LLC
c/o MCB Property Mgmt LLC
2002 Clipper Park Rd, Ste 105
Baltimore, MD 21211
8/30/2023 ACCOUNT NUMBER
County Commissioner INVOICE#: 047334 00000994 1
District Two
1100 Simonton Street
Key West, FL 33040
MAKE CHECKS PAYABLE TO: Big Pine Key Owner LLC BALANCE DUE 2,676.00
Date Code Description Charges Payments Amount Due
9/1/2023 BMR Base Rent 1,800.00 0.00 1,800.00
9/1/2023 CAM CAM Reimbursements 325.00 0.00 325.00
9/1/2023 INS Insurance Reimbursement 434.00 0.00 434.00
9/1/2023 RET Real Estate Tax Reimburs 117.00 0.00 117.00
8/30/2023 ACCOUNT NUMBER
Please send this portion of the statement with your remittance. INVOICE#: 047334 00000994 1
County Commissioner
Big Pine Key Owner LLC
c/o MCB Property Mgmt LLC
2002 Clipper Park Rd, Ste 105
Baltimore, MD 21211
Current 30 60 90 120 BALANCE DUE
2,676.00 0.00 0.00 0.00 0.00 2,676.00