Opportunity
SAM #36C10F24R0063
Award of Lease for San Diego Research and Development Facility by Department of Veterans Affairs
Buyer
VA Office of Construction and Facilities Management
Posted
September 18, 2026
Identifier
36C10F24R0063
NAICS
531120
This award notice details the Department of Veterans Affairs' lease procurement for a San Diego research and development facility. - Government Buyer: - Department of Veterans Affairs - Office of Construction & Facilities Management (00CFM3B) - Lease Contracting Officer: Anntwinette Dupree-Hart - Awardee: - HCP LIFE SCIENCE REIT, INC. - Services Requested: - Lease of 45,163 ANSI/BOMA square feet (52,800 rentable square feet) of medical space - 100 parking spaces at 4939 Directors Place, San Diego, CA - Contract Details: - 20-year firm term lease - Total contract value: $125,139,525.27 - Lease commencement date and renewal/termination rights to be specified in a future Lease Amendment - Unique Requirements: - Real property lease for medical research and development purposes - Includes tenant improvement costs - No specific product OEMs or equipment are mentioned; the award is solely for real property lease services.
Description
Notice of Award
Project: Department of Veterans Affairs FY23 Mid-Level Lease in San Diego, CA Classification Code: X NAICS Code: 531120 Set Aside: Unrestricted Lease Award Date: September 17, 2026
This services as notice that the Department of Veterans Affairs (VA) has accepted an offer, pursuant to RLP No. 36C10F24R0063 to lease 45,163 ANSI/BOMA square feet (or 52,800 rentable square feet) of medical space and 100 parking spaces for a 20-year firm term at 4939 Directors Place, San Diego CA for the San Diego R&D Facility. The Lease has been awarded to the following Lessor:
HCP LIFE SCIENCE REIT, INC. 4600 S Syracuse St, Ste 500 Denver, Colorado 80237-2722
The commencement date of this Lease, along with any applicable termination and renewal rights, shall be more specifically set forth in a Lease Amendment upon substantial completion and acceptance of the Space by the Government.
Total Lease Contract Value (TLCV)*: $125,139,525.27
*The Total Lease Contract Value (TLCV) recited herein is the entire lease award amount at initial award, including the dollar value of option periods, if applicable, plus any lump-sum and/or amortized tenant improvement costs reflected in the rent schedule. Lump-sum tenant improvement costs based on allowances and definitized post-award/post-design are computed based on the lease ABOA SF and allowance value.
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