it's on a lot of 31,700 square feet, made it very attractive location for us, geiving us som outdoor space as well as indoor space on the premises. the lease rate as shown in your package, 21.29 a square foot per year. we expect utility and service expenses beyond that of an approximate $1 per square foot per year. as indicated in the budget and legislative analyst report, the rate is in the range of comparable properties. again, we, this is a blended rate, so it includes office space and warehouse space and we are actually in the warehouse space range. no appraisal is required because of the admin code provisions here. this is a very low lease rate that we are talking about. we completed comprehensive analysis in the bayview prior to negotiating this transaction. so, that helped inform this negotiated rate. that data was shared with the budget and legislative analysts and helped them come to their conclusion on the recommendation here. the rate will increase annually at 3%. we will not commence paying rent until april 1st. we will start construction before that time, so, there is es