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LEASED SPACE <br />7 <br />Previously Contracted <br />Phased Rate Increase <br />Monthly <br />Rate/SQFT <br />Storage Space $1.00 <br />Locker Room/ <br />Office Space $1.00 <br />Training Area $1.00 <br />Current (Effective 1/1/2025)Proposed (Effective 1/1/2026) <br />New 2025 Rentals Monthly <br />Rate/SQFT <br />Lobby (DECA)$1.41 <br />Upper Office $1.41 <br />Area Monthly <br />Rate/SQFT <br />Storage Space $1.00 <br />Office/Guest Facing $1.46 <br />The lease agreement with iBackCheck <br />established a baseline rate for all other <br />user group space rentals at the FT Center. <br />Their lease includes a 3% annual increase. <br />2026 Rate = $1.46/SQFT <br />($4,443.85 per month / 3,038 SQFT) <br />Page 124 of 637