FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / site-plan-change-impact-analysis.docx
site-plan-change-impact-analysis.docx · 1011-00007

Parties

Harkness LLP
Logistics Meridian Consumer Brands LLC
Meridian Consumer Brands LLC
Calloway LLP
Stonebridge Industrial GP LLC
Pinnacle Brokerage Group LLC
Velthorn Realty Advisors LLC
Meridian Holdings Inc

Dates

September 22, 2022
September 14, 2022
June 22, 2022
August 12, 2022
September 2, 2022
September 30, 2022
November 15, 2022
July 18, 2022
May 11, 2022
January 31, 2023

Amounts

$12,000,000
$2.1
$340
$41
$78
$360,000
$180,000
$1,200,000
$100,000
$4.03

Obligations

The internal access drive that serves both Buildings 4 and 5 within Cranbury Commerce Center must be realigned to accommodate the new building footprint and traffic patterns associated with Building 5
The stormwater detention basin located on the west side of Building 4 must be expanded by approximately 1
Building 4's truck court must be relocated from the south side of the building to the east side of the building
MCB's Minimum Operational Thresholds MCB's logistics modeling, conducted by Kevin Driscoll's supply chain team in the months leading up to the LOI, established specific minimum facility specifications that the Cranbury site must satisfy in order to support MCB's East Coast fulfillment operations
MCB should insist that any and all incremental costs arising from the site plan revision be borne entirely by the landlord and that the landlord's work scope be revised in writing, with a detailed line-item cost estimate, before MCB agrees to any revised lease terms
Security Deposit / Letter of Credit Under the lease drafts, MCB is required to deliver an irrevocable standby letter of credit ("LC") in the amount of $300,000, representing three months of Year 1 base rent at $100,000 per month