GSA Seeks Expression of Interest for Out leasing Opportunity of RRB/ITC Space
ID: EOI-RRBITCType: Sources Sought
Overview

Buyer

GENERAL SERVICES ADMINISTRATIONPUBLIC BUILDINGS SERVICEPBS R11 CONSTRUCTION SERVICES DIVSION CTR 2WASHINGTON, DC, 20405, USA

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

PSC

LEASE/RENTAL OF OTHER RESIDENTIAL BUILDINGS (X1FZ)
Timeline
    Description

    The General Services Administration (GSA) is seeking Expressions of Interest from firms for an outleasing opportunity at the International Trade Center (ITC) within the Ronald Reagan Building in Washington, DC. This opportunity involves leasing and operating approximately 500,000 square feet of event, office, and retail space, a 700,000 square foot parking garage, and 174,240 square feet of outdoor plaza space, all aimed at utilizing underutilized federal space through private sector engagement. Interested parties must submit their Expressions of Interest by October 2, 2024, including company details and relevant experience in managing over one million square feet of comparable space, with the lease structured as a five-year term plus three renewal options. For further inquiries, interested firms can contact Ingrid J. Blair at ingrid.blair@gsa.gov.

    Point(s) of Contact
    Ingrid J. Blair
    ingrid.blair@gsa.gov
    Files
    Title
    Posted
    The U.S. General Services Administration (GSA) seeks Expressions of Interest from firms for an outleasing opportunity at the International Trade Center (ITC) in the Ronald Reagan Building, Washington, DC. The ITC comprises three components: approximately 500,000 square feet of event, office, and retail space across multiple public levels; a 700,000 square foot parking garage spanning four levels; and 174,240 square feet of outdoor plaza space. The GSA proposes a five-year lease with three renewal options, structured as a single net lease plus utilities. Interested parties must submit their Expressions of Interest by October 2, 2024, including company details and relevant experience. The document emphasizes that no brokerage fees will be reimbursed. This outleasing opportunity reflects the government's strategy to utilize underutilized federal space through private sector engagement, inviting organizations with substantial management experience in comparable spaces.
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