General Services Administration (GSA) seeks to lease the following space:
ID: 8MD2326Type: Justification
Overview

Buyer

GENERAL SERVICES ADMINISTRATIONPUBLIC BUILDINGS SERVICEPBS R00 CENTER FOR BROKER SERVICESWASHINGTON, DC, 20405, USA

PSC

LEASE/RENTAL OF OFFICE BUILDINGS (X1AA)

Original Source

https://sam.gov/opp/d72256a46b274de684990965badc4680/view
Timeline
    Description

    The General Services Administration (GSA) is seeking to lease office space at Metro III, located at 6525 Belcrest Road, Hyattsville, Maryland, for the Department of Defense (DOD). The procurement involves a sole-source succeeding lease for 9,885 ABOA SF/11,367 RSF of office space, with a firm term of 10 years and an option for a 5-year renewal, commencing January 1, 2023. This lease is critical for accommodating DOD operations, and the estimated total contract value for the 15-year term is $3,959,978.63. Interested parties can contact Timothy M. Mazzucca at timothy.mazzucca@gsa.gov or Bryant F. Porter at bryant.porter@gsa.gov for further details.

    Point(s) of Contact
    Timothy M. Mazzucca
    (202) 624-8547
    timothy.mazzucca@gsa.gov
    Bryant F. Porter
    (202) 624-8515
    bryant.porter@gsa.gov
    Files
    Title
    Posted
    8MD2326 OTFO (Redacted FINAL).pdf
    The General Services Administration (GSA) is seeking approval for a sole-source succeeding lease with the incumbent Lessor at Metro III, 6525 Belcrest Road, Hyattsville, Maryland. This action is for 9,885 ABOA SF/11,367 RSF of office space for the Department of Defense (DOD), with a 10-year firm term and a 5-year renewal option, commencing January 1, 2023. The estimated contract value for the 15-year term is $3,959,978.63. Justification for this non-competitive action is based on 41 U.S.C. 3304(a)(1) and GSAR 570.402, as market research and a SAM.gov advertisement yielded no other acceptable locations. The anticipated rental rate is deemed fair and reasonable, being below the market range identified by GSA’s broker, Savills. Future needs are expected to be competitively procured.
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