EXHIBIT 10.25
AMENDED AND RESTATED
LEASE
OF SPARTAN WAREHOUSE
at 9075 Haggerty Road, Plymouth, Michigan
Between:
PLYMOUTH INVESTORS LIMITED LIABILITY
COMPANY, an Illinois limited liability company
as Lessor
SPARTAN STORES, INC.
as Lessee
AMENDED AND RESTATED
LEASE
THIS AMENDED AND RESTATED LEASE is made and entered into as of January
26, 2000, by and between:
PLYMOUTH INVESTORS LIMITED LIABILITY COMPANY, an Illinois limited liability
company ("LESSOR"),
and
SPARTAN STORES, INC., a Michigan corporation, 1111 - 44th Street, SE, Grand
Rapids, Michigan ("LESSEE").
WHEREAS, Connecticut Mutual Life Insurance Company, a Connecticut
corporation ("Original Lessor") and Lessee have entered into a Lease Agreement
dated October 14, 1975 and First Amendment thereto dated March 23, 1977 and
Second Amendment thereto dated April 30, 1979 (the "Lease") pertaining to
certain real estate located in the Township of Plymouth, County of Wayne, State
of Michigan and certain buildings, improvements, fixtures, machinery, equipment
and personal property located thereon or therein; and
WHEREAS, Lessor has succeeded to the interest of Original Lessor with
respect to the Lease; and
WHEREAS, Lessor and Lessee desire to amend and restate the Lease as
hereinafter provided.
NOW, THEREFORE, in consideration of the mutual promises and agreements
herein contained and for other good and valuable consideration, the receipt
whereof is hereby acknowledged, Lessor and Lessee do hereby covenant and agree
that the Lease shall be amended and restated as hereinafter set forth.
Article 1 - PROPERTY TO BE LEASED
1.1
Lessor hereby leases to Lessee, and Lessee
hereby hires from Lessor, the real property described in Exhibit "A" attached
hereto and made a part hereof, together with the buildings, improvements, and
fixtures now erected thereon (sometimes hereinafter referred to as the
"Improvements") including but not limited to the truck repair garage, storage
shed, fuel island and asphalt parking areas upon that portion of said premises
outlined in red on Exhibit "A-1" attached hereto and made a part hereof and the
warehouse facility and asphalt parking area upon that portion of said premises
outlined in red on Exhibit "A-2" attached hereto, herein collectively referred
to as the "leased premises", and together with easements or other rights which
may now exist or may be hereafter created for the benefit of such property, and
the machinery, equipment and personal property located on the leased premises
listed in Exhibit "B attached hereto and made a part hereof and the machinery,
equipment and personal property
1
located in the leased premises listed in Exhibit "B-2" attached hereto and made
a part hereof which in combination with the "leased premises" are referred to
herein as the "leased property". Wherever reference is made to the "leased
property" in this lease, as amended, such reference shall mean the "leased
property" as defined herein, subject to the following:
1.1.1
The Lessee represents that the
leased property, the title thereto, the possession and occupancy thereof, the
buildings and improvements thereon, the adjoining sidewalks and structures, any
surface and any subsurface thereof, and the present uses thereof, have been
examined by