Illinois BidBuy #27-416CMS-LEAS4-B-54380

Award of a 10-year potential office-space lease for the Illinois Department of Human Services in Homewood

The State of Illinois awarded a long-term office-space lease for the Illinois Department of Human Services in Homewood. - Government buyer: State of Illinois, CMS - Central Management Services; Illinois Department of Human Services; State of Illinois Chief Procurement Office for General Services. - Awarded vendor: SS IL REAL ESTATE LLC. - Lease: 23,400 rentable square feet of office-type space on the first and second floors at 1055 175th Street, Homewood, Cook County, Illinois; lease number L6617. - Term and value: Five-year initial term valued at $2,011,932, with a five-year renewal term valued at $2,167,542; total award value is $4,179,474 for a potential 10-year term. - Products and OEMs: No equipment, product part numbers, or product manufacturers are identified.

Description

This is a notice of award for a lease of office space for the Department of Human Services in Homewood, Cook County, Illinois. The premises are 23,400 rentable square feet of office-type space on the first and second floors at 1055 175th Street, Homewood, IL 60430. The lease includes an initial five-year term valued at $2,011,932 and a five-year renewal term valued at $2,167,542, for a total award amount of $4,179,474.00. The awarded vendor is SS IL REAL ESTATE LLC.

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