WASHINGTON, DC—The General Services Administration, after receiving lukewarm interest from other building owners, decided to renew two agency leases at the 1800 M St. NW building here.
The GSA has decided to renew the leases of the Civilian Board of Contract Appeals and the Medicaid and CHIP Payment and Access Commission for another 10 years at the building.
The GSA, in a notice posted Nov. 5 to FedBizOpps.gov, stated it received four responses, including one from its current landlord, to a call for expressions of interest from landlords issued in June 2013. Of those, it rejected one that did not fit its requirements, and two others were found to have been more expensive when factoring in move and build-out costs, according to the Washington Business Journal.
The agencies lease a combined 56,354 square feet and the current lease was set to expire on Jan. 31, 2015. See story in the Washington Business Journal.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
