Title
[Contract] Fourth Amendment to Office Lease Agreement with Skyslope, Inc.
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FileID
File ID: 2026-01537
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Location
Location: 827 K Street, District 4
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Recommendation
Recommendation: Pass a Motion authorizing the City Manager or designee to execute the Fourth Amendment to the Office Lease Agreement with Skyslope, Inc. for the City-owned property located at 827 K Street, extending the lease term through December 31, 2027, with one one-year renewal option through December 31, 2028.
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Contact
Contact: Steve Ward, Real Property Agent, (916) 808-1081, stward@cityofsacramento.org; Richard Sanders, Facilities and Real Property Superintendent, (916) 808-7034, rsanders@cityofsacramento.org; James Christensen, Facilities Manager, (916) 808-5863, jechristensen@cityofsacramento.org; Department of Public Works
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Presenter
Presenter: None
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Attachments
Attachments:
1-Description/Analysis
2-Fourth Amendment of Office Lease Agreement
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Description/Analysis
IssueDetail
Issue Detail: The City-owned property located at 827 K Street (Property) is a three-story building containing approximately 73,098 gross square feet in downtown Sacramento. Skyslope, Inc. (Skyslope) currently leases approximately 19,425 square feet on the second floor of the Property. Its current lease term expires on December 31, 2026.
Skyslope has requested a one-year extension of the lease through December 31, 2027, with an option to renew for one additional year through December 31, 2028. Extending the existing lease will maintain occupancy and rental revenue at the Property while providing the City flexibility regarding the future use and leasing of the building.
Staff recommends approval of the Fourth Amendment to the Office Lease Agreement to extend the lease through December 31, 2027, with one one-year renewal option through December 31, 2028.
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PolicyConsiderations
Policy Considerations: The recommendation in this report is in accordance with C...
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