Hi Please help with this question.

Your employer is the owner of a building used for the manufacturing of light industrial equipment. They would like you to write a first draft lease agreement between themselves and another business that would like to lease their building. This first draft will be evaluated by outside legal counsel.

Lease Details

• The owner of the building is ABC Property Management
• the lessor of the building will be XYZ Drone Manufacturing
• the building is located at 2346 Industrial Dr. Anytown WI
• the cost is $2000 per month, payable at the beginning of the month
• there is no down payment or safety deposit
• the lessee is responsible for any damage to the structure during the course of their lease
• the lease will be for three years
• the lessee is responsible for the provision of all utilities, including any buildout necessary for their provision
• the lessor is responsible for all routine maintenance
• the lessor has insurance covering the building itself
• the lessee is responsible for any insurance on the contents of the building
• the lessee is responsible for any claims related to activities performed in the building
• the lessee cannot substantially change the type of manufacturing occurring during the term of the lease
• the lessee must not create, use or store any hazardous materials
• the lease will automatically renew at the end of its term without written notice of termination
• the automatic renewal will include an increase in the price of 3%