General Services Administration (GSA) seeks to lease the following space: State: Virginia City: Various Delineated Area: North: George Washington Memorial Parkway East: George Washington Memorial Parkway South: I-495 West: I-495 Minimum Sq. Ft. (ABOA): 52,606 Maximum Sq. Ft. (ABOA): 53,921 Space Type: Office Parking Spaces (Total): 2 on-site, non-reserved, structured spaces, plus additional on-site parking per local code Parking Spaces (Surface): 0 Parking Spaces (Structured): 2 Parking Spaces (Non-reserved): 2 Full Term: 15 years Firm Term: 10 years Option Term: 5 years Additional Requirements: Offered space must be capable of meeting ISC Level 3 Security Requirements, as determined by the Government in its sole discretion. A Metrorail Station must be located within 2,640 walk-able linear feet (WLF) from the main entrance of the offered building. All offered space must be above grade. The Government currently occupies office and related space in a building under lease that will be expiring. Offered space must meet Federal Government, State, and Local jurisdiction requirements for fire and life safety, security, accessibility, seismic, energy, and sustainability standards per the terms of the Lease. The proposed leased space shall be fully serviced. Offered space shall not be in the 100 year flood plain. Offerors shall be responsible for providing a standard GSA warm lit shell. Not all minimum requirements are stated in this advertisement. The Government is considering alternative space if economically advantageous. The Government will use the information it receives in response to this advertisement as a basis to develop a cost-benefit analysis and to determine whether to compete the lease requirement or pursue a sole source justification to remain at its current location. In making this determination, the Government will consider, among other things, the availability of alternate space that potentially can satisfy the Government’s requirements, as well as costs likely to be incurred through relocating, such as physical move costs, replication of tenant improvements and telecommunications infrastructure, and non-productive agency downtime. The Government’s decision regarding whether to relocate will be based, in part, on information received in response to this notification. In the event that a potentially acceptable offer fails to provide required information as part of its response to this notification, the Government reserves the right to assume that the building in question cannot meet the Government’s requirements. Submission by anyone other than the owner or manager of a property must be accompanied by a letter from the ownership granting permission to make a general offering of space. Expressions of Interest should include the following: 1) Building name & address; 2) Contact information and e-mail address of Lessor’s Representative; 3) ABOA and rentable square feet available (identifying the specific floors and square footage on each, with Common Area Factor) and its condition (shell, or built-out, and if so for whom); 4) Asking rental rate per ABOA and rentable square foot, and inclusive of a standard GSA warm lit shell, a tenant improvement allowance (TIA) of $58.96/ABOA SF; and a BSAC allowance of $25 per ABOA SF; 5) A description of additional tenant concessions offered, if any; 6) Date building will be ready for commencement of tenant improvements; and 7) Evidence that the offered space will meet the other specific requirements identified herein. Expressions of Interest Due: July 29, 2020, no later than 4:00 PM EST Market Survey (Estimated): August 2020 Initial Offers Due (Estimated): August/September 2020 Occupancy (Estimated): March 2022 Send Expressions of Interest to: Name/Title: Emmett Miller, Vice Chairman, Savills Inc. Address: 1201 F Street, NW, Suite 500, Washington, DC 20004 Office: 202-624-8517 Email Address:
[email protected] Name/Title: Bryant Porter, Associate Director, Savills Inc. Address: 1201 F Street, NW, Suite 500, Washington, DC 20004 Office: 202-624-8515 Email Address:
[email protected] Government Contacts Lease Contracting Officer: Kevin Morrison Leasing Specialist: Michael Gerrior Brokers: Emmett Miller and Bryant Porter