MDH_F2_PHX_Buckeye___City_of_Buckeye_-_Second_Amendment_-_MDH_Signed.pdf
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ACTIVE:38613156.15 SECOND AMENDMENT TO LEASE THIS SECOND AMENDMENT TO LEASE (this “Amendment”) is made and entered into as of the latest date set forth beneath the parties’ signatures below (the “Amendment Date”) by and between MDH F2 PHX BUCKEYE 10, LLC, a Delaware limited liability company (“Landlord”), and CITY OF BUCKEYE, an Arizona municipal corporation (“Tenant”). WITNESSETH: A. Landlord (as successor in interest to KICM Buckeye, LP) and Tenant are parties to that certain Lease dated June 22, 2023 (the “Original Lease”), as amended by the First Amendment to Lease dated May 20, 2024 (the “First Amendment”) (the Original Lease, as amended by the First Amendment, are collectively referred to herein as the “Lease”). B. The Lease provides for the lease of Suite 137, consisting of 54,144 rentable square feet (the “Existing Space”), in the building located at 945 North 215th Avenue, Buckeye, Arizona 85326 (the “945 Building”). C. Landlord and Tenant wish to enter into this Amendment to (i) modify the Lease to expand the Premises to include Suite 140, consisting of 31,087 rentable square feet as shown on Exhibit “A” attached hereto (the “Expansion Space”), in the building located at 835 North 215th Avenue, Buckeye, Arizona 85326 (the “835 Building”); and (ii) make such other changes as set forth below. The 945 Building and the 835 Building are collectively referred to herein as the “Building”). NOW, THEREFORE, for and in consideration of the agreements set forth herein, the sufficiency of which consideration is hereby acknowledged, Landlord and Tenant agree as follows: 1. Incorporation of Recitals. The above recitals are true and correct and are incorporated herein as if set forth in full. 2. General Provisions. All defined terms in this Amendment shall have the same meanings as in the Lease, except if otherwise defined herein. In the event of any conflict between the provisions of the Lease and the provisions of this Amendment, this Amendment shall control. 3. Expansion of Premises. Subject to the terms of this Amendment, effective as of April 15, 2026, the Premises under the Lease is expanded to include the Expansion Space, such that, effective of April 15, 2026, the Premises under the Lease includes the Existing Space and the Expansion Space, which the parties agree contains an aggregate of 85,231 rentable square feet (the Existing Space and the Expansion Space are collectively referred to herein as the “Premises”) and all references in the Lease to the Premises shall refer to the Premises as so expanded. 4. Permitted Uses. In addition to the Permitted Uses set forth in Section 1.13 of the Original Lease, Tenant may use the Expansion Space only for storage purposes and general 2 ACTIVE:38613156.15 office purposes, as generally depicted in the Space Plan attached hereto as Exhibit “B” and incorporated herein by reference. 5. Vehicle Parking. In addition to the parking spaces set forth in Section 4.05(c) of the Original Lease, effective as of April 15, 2026, Tenant may use up to seventy (70) parking spaces in solely the “Unreserved / Overflow Parking Area” shown on Exhibit “A” attached hereto (the “Unreserved / Overflow Parking Area”) on an unreserved, first come, first served basis with other tenants of the 835 Building; provided that Landlord reserves the right to designate areas of such parking areas where Tenant, and its agents, contractors, employees, invitees or licensees, will park, and may exclude Tenant, and its agents, contractors, employees, invitees or licensees, from parking in other areas as designated by Landlord. The Unreserved / Overflow Parking Area shall be used solely for parking by vehicles no larger than full-size passenger automobiles, SUVs or pick-up trucks (“Permitted Size Vehicles”), and, in no event shall Tenant park any tractor/trailers or trucks (other than Permitted Size Vehicles) in the Unserved / Overflow Parking Area. In addition, Tenant shall have the exclusive right to park Permitted Size Vehicles and operative tractor/trailers or trucks in the paved area truck court directly behind the loading dock doors exclusive to the Expansion Space as generally shown as “Tenant’s Exclusive Area” on Exhibit “A” attached hereto; provided that (i) such parking does not interfere with other tenant’s use of the Building or Project (as defined in the Lease); and (ii) Landlord shall not be responsible for enforcing Tenant's parking rights against any third parties. 6. Expansion-Space Lease Term. (a) The Lease Term as to the Expansion Space commences April 15, 2026, and expires May 31, 2031 (the “Expansion Space Lease Term”). On or before the end of the Expansion Space Lease Term, Tenant shall vacate and surrender the Expansion Space to Landlord and shall return Expansion Space to Landlord in the condition required for return of the Premises under the Lease. All terms and provisions of the Lease applicable to holding over in the Premises shall apply to the Expansion Space if Tenant fails to vacate and surrender the Expansion Space to Landlord in the condition required under the Lease by the expiration of the Expansion Space Lease Term. After the expiration of the Expansion Space Lease Term, the Lease shall continue for the Existing Space, under the terms and conditions of the Lease. (b) The Lease Term for the Existing Space remains unchanged (i.e., expiring on May 31, 2034, unless extended or earlier terminated in accordance with the terms and provisions of the Lease). 7. Condition of the Premises. Except for Landlord’s obligations as expressly set forth on Exhibit “C” attached hereto, Tenant accepts the Premises (as expanded by this Amendment), the Building, and the Project (as defined in the Lease) in their “as is” “where is” “with all faults” condition, and Landlord shall not be required to make any improvements to the Premises, the Building, or the Project or provide or pay any improvement allowances or payments to Tenant under the Lease for Tenant’s occupancy of the Premises, and Tenant acknowledges that all construction obligations and allowances and other amounts required to be paid from Landlord to Tenant under the Lease have been performed and paid in full. 8. Base Rent. 3 ACTIVE:38613156.15 (a) Tenant shall continue paying to Landlord Base Rent as to the Existing Space (in addition to the Base Rent due as to the Expansion Space) as set forth in Section 4 of the First Amendment, plus applicable taxes thereon, as and when due under the Lease. (b) Effective as of April 15, 2026, Tenant shall pay Base Rent to Landlord as to the Expansion Space (in addition to the Base Rent due as to the Existing Space) pursuant to the rent chart set forth below, plus applicable taxes, as and when due under the Lease. EXPANSION SPACE PERIOD MONTHLY RATE/RSF MONTHLY BASE RENT April 15, 2026 – May 31, 2027 $1.10 $34,195.70 June 1, 2027 – May 31, 2028 $1.14 $35,439.18 June 1, 2028 – May 31, 2029 $1.19 $36,993.53 June 1, 2029 – May 31, 2030 $1.24 $38,547.88 June 1, 2030 – May 31, 2031 $1.29 $40,102.23 Provided that Tenant has not committed an Event of Default under the Lease, Base Rent is abated as to solely the Expansion Space for the period of April 15, 2026 through April 30, 2026 and the month of May 2026 (the period during which Base Rent is abated is the “Abatement Period”). Tenant nonetheless owes Additional Rent during the Abatement Period. In the case of an Event of Default, the Base Rent abated pursuant to this Section shall immediately become due and payable in full. 9. Additional Rent. Tenant shall continue paying to Landlord Tenant’s Pro Rata Share of Operating Expenses, Real Property Taxes, and all Insurance Premiums under Sections 4.02, 4.04, 4.05 and 4.06 of the Original Lease, plus applicable taxes thereon, and all other sums due under the Lease. Effective as of April 15, 2026, Tenant’s Pro Rata Share of Operating Expenses shall be calculated separately as to the Existing Space and the Expansion Space as follows: (i) Tenant’s Pro Rata Share as to the Existing Space shall remain 47.00%; (ii) Tenant’s Pro Rata Share as to the Expansion Space shall be 23.13%; (iii) as to the Existing Space, all references to the Building in the Original Lease shall be deemed to refer to the 945 Building and the parcel(s) of land on which the 945 Building and other adjacent improvements and appurtenances owned by Landlord are located or situated; (iv) as to the Expansion Space, all references to the Building in the Original Lease shall be deemed to refer to the 835 Building and the parcel(s) of land on which the 835 Building and other adjacent improvements and appurtenances owned by Landlord are located or situated; (v) and Tenant’s Pro Rata Share as to the Premises (as expanded by this Amendment) as to the Project shall be 34.15%. Upon the expiration of the Expansion Space Lease Term (as may be extended), Tenant shall pay Tenant’s Pro Rata Share of Operating Expenses, Real Property Taxes, and all Insurance Premiums under Sections 4.02, 4.04, 4.05 and 4.06 of the Original Lease, plus applicable taxes thereon, and all other sums due under the Lease, as applicable to the Existing Space. 4 ACTIVE:38613156.15 10. Prepaid Rent. Concurrently with Tenant’s execution and delivery of this Amendment to Landlord, Tenant shall pay $40,786.14 to Landlord, which amount shall be applied against the Base Rent and Tenant’s Pro Rata Share of Operating Expenses, Real Property Taxes and Insurance Premiums due for the month of June 2026. 11. Renewal Option; Expansion Space. (a) Tenant shall have and is hereby granted the option to renew the Lease Term for the Expansion Space (“Renewal Option”) for two (2) successive periods as follows: (i) 36 full calendar months (as to the first Extension Period), (ii)followed by 60 full calendar months (as to the second Extension Period) (each, the “Extension Period”) commencing on June 1, 2031 (as to the first Extension Period) and June 1, 2034 (as to the second Extension Period), provided that: (i) Tenant delivers written notice (the “Extension Notice”) to Landlord, not less than 270 days, but in no event more than 365 days, prior to the last day of the then- Lease Term (“Exercise Date”), of Tenant’s election to exercise such Renewal Option; and (ii) no Event of Default has occurred under this Lease, as of either the Exercise Date or the last day of the original Lease Term. Tenant’s failure to timely deliver any Extension Notice shall result in a waiver of the Renewal Option. Failure by Tenant to provide timely notice to Landlord of its intent to renew by the periods stated in this Section shall nullify Tenant’s renewal rights. For purposes of clarity, if Tenant fails to timely exercise the Renewal Option for the first Extension Period, then this Section shall be null and void. (b) All terms and conditions of this Lease, including without limitation all provisions governing the payment of Additional Rent, shall remain in full force and effect during the Extension Period, except the Base Rent (on a per rentable square foot basis) payable during the first year of the Extension Period as to the Expansion Space shall equal the Fair Market Rental Rate (hereinafter defined) at the time of the commencement of the Extension Period. As used in this Lease, the term “Fair Market Rental Rate” shall mean the fair market rental rate that would be agreed upon between a landlord and a tenant entering into a lease renewal for comparable space as to location, configuration and size and as if leased for general office, warehouse, storage and production and distribution purposes, in a building comparable to the 835 Building as to quality and age which is located in the Buckeye, Arizona, area, with a comparable build-out and a comparable term, all as reasonably determined by Landlord. Within thirty (30) days after receiving notice from Tenant of its intention to renew, Landlord will provide Tenant with Landlord’s determination of Fair Market Rental Rate for the Extension Period and Tenant shall then have fifteen (15) days from receipt of Landlord’s determination of Fair Market Rental Rate to notify Landlord, in writing, that either (a) Tenant accepts Landlord’s determination of Fair Market Rental Rate, in which case Tenant shall be obligated to renew the Lease as to the Expansion Space at the Fair Market Rental Rate determined by Landlord, (b) Tenant does not accept Landlord’s determination of the Fair Market Rental Rate and withdraws the exercise of its renewal option, in which case Tenant’s renewal rights and obligations hereunder shall be forever terminated as to the Expansion Space, or (c) Tenant does not accept Landlord’s determination of the Fair Market Rental Rate, but that Tenant still desires to exercise its renewal option, in which case, Landlord and Tenant shall attempt to resolve their differences within thirty (30) days after Landlord’s receipt of Tenant’s notice. In the event Landlord and Tenant do not resolve their differences regarding the Fair Market Rental Rate within such thirty (30) day period, then this Section and Tenant’s Renewal Option shall be terminated and null and 5 ACTIVE:38613156.15 void. (c) The Expansion Space will be provided in its then-existing condition (on an “as-is” basis) at the time the Extension Term commences and Tenant shall not be entitled to any construction, build out or other allowances with respect to the Expansion Space during the Extension Term except as may be included as part of the determination of Fair Market Rent. All other terms, covenants, and provisions of this Lease shall continue in full force and effect and be applicable to the Extension Term. (d) Should the Lease Term be extended hereunder, Tenant shall, if requested by Landlord, execute an amendment modifying this Lease pursuant to the terms agreed upon. 12. New Payment Instructions. Landlord will notify Tenant of any changes to Landlord’s Rent Payment Address (as defined in Section 14 below) (“New Payment Instructions”) only in accordance with the notice requirements of the Lease (as amended by this Amendment). If Tenant receives any instruction or request to change (whether oral, electronic, or in writing) its method of payment of Rent or any other amounts due pursuant to the Lease (including receipt of New Payment Instructions), Tenant shall not respond to, provide any information, make any change or take any other action in response to such request, EXCEPT that Tenant shall promptly contact Landlord by telephone to confirm the New Payment Instructions. Verbal confirmation by Landlord of such New Payment Instructions is referred to herein as “Landlord’s Telephonic Confirmation”. Tenant shall not make any change to its method of payment unless and until Tenant has received both (i) New Payment Instructions, and (ii) Landlord’s Telephonic Confirmation. Any Rent paid in any manner other than in compliance with both the New Payment Instructions and Landlord’s Telephonic Confirmation shall be deemed “Redirected Rent”, and Tenant assumes all risk associated with paying Redirected Rent. If Landlord does not receive Rent for any reason (including because Tenant has paid Redirected Rent), Tenant will be deemed to have failed to pay Rent and such failure to pay Rent will be treated as unpaid Rent and such failure will constitute an Event of Default by Tenant under the Lease. 13. Landlord’s Notice Address. Landlord’s notice address is hereby changed to the following: MDH F2 PHX Buckeye 10, LLC 280 Interstate North Circle, Suite 350 Atlanta, Georgia 30339 Attention: Asset Management 14. Landlord’s Rent Payment Address. Landlord’s payment address (“Landlord’s Rent Payment Address”) is hereby changed to the following: By ACH or Wire: Bank: Wells Fargo Bank, NA ABA No.: 121000248 Account No.: 4468549050 Account Name: MDH F2 Apollo LLC 6 ACTIVE:38613156.15 15. Sustainability. Tenant acknowledges Landlord’s intention to operate the Building in an environmentally responsible manner, and to aspire to provide for a comfortable and healthy indoor environment, reduced energy-use and reduced production, reduced use of potable water, recycling of waste; and that the cooperation of all tenants of the Building are essential to such aspirations. Landlord’s sustainability practices and requirements, as such practices and requirements may be set forth in this Amendment, or separate written policies to be provided to Tenant from time to time, are collectively referred to as “Landlord’s Sustainability Guidelines”. Tenant shall use commercially reasonable, good faith efforts to cooperate with Landlord’s Sustainability Guidelines, as they may be amended from time to time in writing by Landlord, so long as they do not unreasonably interfere with Tenant's use and enjoyment of the Premises. Upon forty-five (45) days’ advance written request by Landlord and no more often than two times per calendar year, Tenant shall provide to Landlord reasonable utility, energy, and water consumption data and other related information, or execute and deliver to Landlord an instrument enabling Landlord to obtain the same from the applicable provider. Tenant shall reasonably cooperate with Landlord when conducting any energy audits of the Building (ASHRAE or similar other reports) and Tenant shall, upon forty-five (45) days’ advance written request by Landlord and no more often than two times per calendar year, provide Landlord with its actual and estimated future energy consumption needs. For the avoidance of doubt, nothing within this Section constitutes a covenant or constitutes a lease requirement. (a) Landlord’s sustainability contact for the Building can be reached at can be reached at sustainability@mdhpartners.com. (b) At no material cost or expense to Tenant, Tenant agrees to cooperate with Landlord in the event that Landlord desires to provide a source of renewable energy to serve the Premises or the Building, such as solar or wind power. Without limiting the foregoing, Tenant shall, upon request, (i) provide Landlord with its actual and estimated future energy consumption needs, (ii) if the Premises is separately metered, enter into a reasonable power purchase agreement with Landlord or the generator of the renewable energy source, provided that Tenant shall not be obligated to pay more than it pays the utility company, (iii) in connection with any such renewable energy source, enter into a reasonable net meter arrangement with the utility company providing service to the Premises, and (iv) permit Landlord and/or the installation company access to the Premises to permit connection of the renewable energy system and net meter to the electrical facilities serving the Premises (provided that there is no disruption in utility service to the Premises). Tenant shall invoice the Landlord for any administrative costs incurred in researching, gathering, and providing the information requested by Landlord, provided that such administrative fee shall not be less than $100.00 or exceed $1,000.00. Within 30 days of receipt of such invoice, Landlord will remit payment of such administrative fee. Upon installation of any renewable energy system, Tenant shall be obligated to purchase the energy generated by such system, not to exceed Tenant’s actual energy usage, provided that the monthly charge to Tenant for such energy does not exceed the cost Tenant would otherwise pay for energy from a non-renewable source. (c) Upon written request by Tenant, Landlord shall provide tenant with the Building’s ENERGY STAR score annually. To the extent Tenant obtains electricity independently of the Building, Tenant shall give Landlord access to Tenant’s data on energy use 7 ACTIVE:38613156.15 for inclusion in Landlord’s annual reports, ENERGY STAR annual rating and other reasonable purposes. Upon written request by Tenant, Landlord shall provide tenant with the building’s ENERGY STAR water score annually. To the extent Tenant obtains water independently of the building, Tenant shall give Landlord access to Tenant’s data on water use for inclusion in Landlord’s annual reports, ENERGY STAR water score annual rating and other reasonable purposes. 16. Brokers. Landlord and Tenant represent and warrant that they have neither consulted nor negotiated with any broker or finder as to this Amendment, except Hagen Hyatt with Jones Lang LaSalle (“Landlord’s Broker”). Landlord’s Broker shall be paid any commissions pursuant to the terms of separate written commission agreement between Landlord and Landlord’s Broker. Tenant represents and warrants to Landlord that it is not represented by a broker or finder in connection with this Amendment. Landlord shall indemnify, defend, and save Tenant harmless from and against any claims for fees or commissions from anyone including attorneys’ fees incurred in the defense of any such claim. 17. Other Tenant Rights. Landlord and Tenant acknowledge and agree that, as of the Amendment Date, except as expressly provided herein, any termination or cancellation right or option renewal or extension right or option, expansion option, right of first offer or right of first refusal to lease any space, or other similar rights heretofore granted to Tenant pursuant to the Lease shall be terminated, expired and deemed null and void. 18. Counterparts. This Amendment may be executed in counterparts with the same effect as if both parties hereto had executed the same document. Both counterparts shall be construed together and shall constitute a single Amendment. The parties hereto consent and agree that this Amendment may be signed and/or transmitted by facsimile, e-mail of a .pdf document or using electronic signature technology (e.g., via DocuSign or similar electronic signature technology), and that such signed electronic record shall be valid and as effective to bind the party so signing as a paper copy bearing such party’s handwritten signature. The parties further consent and agree that (i) to the extent a party signs this Amendment using electronic signature technology, by clicking “SIGN”, such party is signing this Amendment electronically, and (ii) the electronic signatures appearing on this Amendment shall be treated, for purposes of validity, enforceability and admissibility, the same as handwritten signatures. 19. Miscellaneous. This Amendment shall be binding upon and inure to the benefit of the parties to this Amendment, their legal representatives, successors, and permitted assigns. Tenant hereby acknowledges and affirms that, as of the Amendment Date hereof, the Lease is in full force and effect and, to the best of Tenant’s knowledge, there are no claims, offsets, or breaches of the Lease, or any action or causes of action by Tenant against Landlord directly or indirectly relating to the Lease. The parties agree that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Amendment. The parties ratify and confirm the terms of the Lease as modified by this Amendment and the Lease is incorporated herein by reference as if fully set forth herein. The Lease, as amended, contains the entire agreement between Landlord and Tenant as to the Premises, and there are no other agreements, oral or written, between Landlord and Tenant relating to the Premises. All prior understandings and agreements between the parties concerning these matters are merged into this Amendment, which alone fully and completely 8 ACTIVE:38613156.15 expresses their understanding. [This Space Intentionally Left Blank] 9 ACTIVE:38613156.15 IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Amendment. LANDLORD: MDH F2 PHX BUCKEYE 10, LLC, a Delaware limited liability company By: Name: Kate Kilgore Its: Managing Director Date: 3/16/2026 10 ACTIVE:38613156.15 ATTEST: TENANT: CITY OF BUCKEYE, an Arizona municipal corporation By: Name: Its: Date: Lucinda J. Aja, City Clerk APPROVE AS TO FORM: Tosca Henry, City Attorney 11 ACTIVE:38613156.15 EXHIBIT “A” EXPANSION SPACE 12 ACTIVE:38613156.15 EXHIBIT “B” SPACE PLAN 13 ACTIVE:38613156.15 EXHIBIT “C” WORK LETTER 1. Definitions. The following terms shall have the following definitions: (a) “Tenant Improvements” shall mean solely the following work: (i) the installation of one Building Standard water supply line for the Fire Extractor with a 3” drain on one column within the Expansion Space, (ii) the installation of Building Standard power drops at each interior column within the Expansion Space, (iii) the installation of 5 Building Standard evaporative coolers within the Expansion Space, and (iv) the installation of a Building Standard demising wall to demise the Expansion Space from adjacent space located in the 835 Building; and (b) “Building Standard” shall mean the type, brand, grade, or quality of materials Landlord designates from time to time to be the minimum quality to be used in the Building or, as the case may be, the exclusive type, brand, grade, or quality of material to be used in the Building. All changes or additions to the Tenant Improvements shall be considered a “change” under the Changes section below. 2. Performance of Tenant Improvements. Landlord shall, in its sole discretion, select a general contractor to perform the Tenant Improvements at Landlord’s sole cost and expense. Landlord shall perform the Tenant Improvements, using Building Standard materials (except as may otherwise be provided in the Plans), in a good and workmanlike manner; provided, that, Landlord shall have the right to make reasonable substitutions. Other than as set forth in the preceding sentence, Landlord has made no representation or promise as to the condition of the Premises or the Project. Tenant has inspected the Premises and Project, is familiar with the physical condition of the Premises and Project, and shall, upon Substantial Completion of the Tenant Improvements, accept the Premises and Project in its then existing “as-is,” “where-is” condition. Tenant acknowledges and agrees that (i) the Tenant Improvements may not be completed by April 15, 2026 and (ii) such commencement date as to the Expansion Space is not contingent upon the completion of the Tenant Improvements. Tenant shall fully comply with the schedule of performance of the Tenant Improvements to be provided to Tenant by Landlord and Tenant shall remove and relocate all items of Tenant’s racking, inventory, equipment, furniture and other items of personal property from the areas where the Tenant Improvements will be performed. If the Tenant Improvements are not completed by April 15, 2026, then Tenant further acknowledges and agrees that (i) Landlord may be constructing the Tenant Improvements simultaneously while Tenant is conducting business in the Expansion Space and Tenant consents thereto, (ii) Landlord shall not be liable for any loss or damage to Tenant resulting therefrom, and (iii) Tenant shall not be entitled to any reduction or abatement of Rent and waives any claim for actual or constructive eviction due to Landlord’s performance of the Tenant Improvements. 3. Changes. If Landlord agrees to any changes in the Tenant Improvements requested by Tenant (which request must be submitted to Landlord in writing and which Landlord may accept or deny in its sole discretion) Tenant shall pay Landlord the Work Cost for any such changes upon receipt of notice from Landlord as to the amount. Such payments by Tenant to Landlord shall not be considered Additional Rent. For purposes of changes, the term “Work Cost” shall mean the aggregate of (a) engineering and architectural fees for the changes, plus (b) filing fees, permit costs, the costs of governmental testing, and the costs to comply with 14 ACTIVE:38613156.15 requirements of applicable law and governmental authorities incurred for or necessitated by the changes, including costs of compliance with the ADA resulting from the changes and tests required to comply with environmental laws, plus (c) all costs of demolition of any existing improvements required for the changes; plus (d) the actual cost of all labor, supplies, and materials furnished in connection with the changes, plus (e) 5% of the total costs under (a) – (d) above, representing Landlord’s fee for overhead and supervision. 4. Additional Space and Work Not Covered. This Exhibit shall not apply to any additional space added to the Premises (as expanded by this Amendment) at any time after the Amendment Date, whether under any options under this Lease or otherwise, or to any portion of the Premises or any additions to the Premises in the event of a renewal or extension of the Lease Term, whether under any options under the Lease or otherwise, unless expressly so provided in the Lease or an amendment to Lease. Tenant shall perform all work other than the Tenant Improvements at its sole expense. For purposes of clarity, the Tenant Improvements do not include the purchase or installation of telecommunications and other low voltage wiring and cabling, any desks, chairs, tables, or other furniture or other personal property (even if shown on the Space Plan), all of which shall be purchased and installed by Tenant, at Tenant’s sole cost and expense.