Office Space

The current lease in for the State Office in Stevens Point WI will expire September 30, 2008. GSA has granted a two year extension to the existing lease to be administered by Rural Development. The extension shall have a one year firm term with one year option. The extension to the current lease will begin Oct. 1, 2008. The State Office currently occupies 10,584 rentable square feet of office and support space. An additional 1152 rentable square feet of storage space to yield approximately 1000 usable square feet of storage space is also included in the space. The current lease will be extended at a rate of$16.97 per square foot for office space and $.53 per square foot for storage space. The Government will pay the Lessor a combined payment for office and storage space, monthly in arrears. The extension will cover the period of October 1, 2008 through September 30, 2010.