Award Notice for General Services Administration (GSA): El Paso, TX (8TX3283)

This servesd as notice that the United States Government has accepted an offer to lease 8,820 rentable square feet (RSF) of space yielding a minmum of 8,465 ANSI/BOMA (ABOA) office area using the sole source practices for a succeeding lease for the Drug Enforcement Administration. A lease was awarded to Whitney Properties, LP on August 25, 2021. The commencement date of this lease shall be upon substantial completion and acceptance of the Government's improvements. The U.S. Government shall pay an annual rent of $290,842.74 for a fully serviced lease at rate of $24,236.89 per month for years 1-15. The U.S. Government shall pay an annual rent of $284,181.52 for a fully serviced lease at a rate of $23,681.79 per month for years 16-17. The lease term shall be 17 years long with 15 years firm. GSA may terminate this lease within 90 days of wrriten notice to the lessor after the firm term.