Legislation Details

File #: 24-6643    Version: 1 Name:
Type: Lease Agreement Status: Passed
File created: 10/15/2024 In control: Commissioners Court
On agenda: 10/29/2024 Final action: 10/29/2024
Title: Request for approval of a lease agreement with NW Crossing Management, LLC, a Texas limited liability company, f/b/o RS NWC LLC and 290 Office Ventures, LP jointly and severally, as tenants in common of Northwest Crossing III, for the property located at 13105 Northwest Freeway, Suite 950, Houston, Texas, Harris County, Texas, for a period of 60 months in the amount of $3,806,623.70, including operating expenses (Precinct 4).
Attachments: 1. 24-6643 Executed via DocuSign--2nd Amendment_NWC_10.04.2024
Department: Toll Road Authority
Department Head/Elected Official: Roberto Trevi?o, P.E., Executive Director

Regular or Supplemental RCA: Regular RCA

Type of Request: Lease Agreement

Project ID (if applicable): N/A
Vendor/Entity Legal Name (if applicable): NW Crossing Management, LLC, a Texas limited liability company

MWDBE Contracted Goal (if applicable): N/A
MWDBE Current Participation (if applicable): N/A
Justification for 0% MWDBE Participation Goal: N/A - Goal not applicable to request

Request Summary (Agenda Caption):
title
Request for approval of a lease agreement with NW Crossing Management, LLC, a Texas limited liability company, f/b/o RS NWC LLC and 290 Office Ventures, LP jointly and severally, as tenants in common of Northwest Crossing III, for the property located at 13105 Northwest Freeway, Suite 950, Houston, Texas, Harris County, Texas, for a period of 60 months in the amount of $3,806,623.70, including operating expenses (Precinct 4).
end

Background and Discussion:
As a result of moving to a hands-free for toll payments (drive now, pay later) during 2020, Harris County Toll Road Authority (HCTRA) call volumes and image reviews have increased. Additional office space locations are needed to manage this high demand of customer calls and daily volume of images. Approval of this request will provide office space in the northwest sector of the region and will be a sublease from the current tenant, The Marker Group, Inc.

This was previously a sub-lease agreement with The Marker Group, Inc., f/k/a The Marker-Hoff Group, Inc., f/k/a Marker's Business Records, Inc., for the property located at 13105 Northwest Freeway, Houston, Texas for the period of August 1, 2022 - October 31, 2024, the amount of $1,140,449.59, including operating expenses.

Expected Impact:
The lease agreement will permit HCTRA to accommodate office space for needed Customer Service and Image Review personnel.

Alternative Options:
No other recommended solutions for this id...

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