SAM #0MD2322

GSA justification to negotiate continued office space lease at 250 W Pratt Street, Baltimore

GSA is seeking approval to negotiate continued office occupancy at 250 W Pratt Street in Baltimore under a redacted justification for Project 0MD2322. - Requirement: Continue leasing office space from the incumbent lessor at 250 W Pratt Street, Baltimore, Maryland. - Planned right-sized area: 39,540 ABOASF (43,494 RSF), compared with the current 41,106 ABOA (45,243 RSF). - The current lease is identified as LMD07335. - Competition rationale: GSA cites relocation, furniture, and tenant-improvement replication costs as reasons to use other-than-full-and-open competition. Market research identified five potential alternatives, but only the incumbent submitted an expression of interest. - Term and value: The current lease expires July 31, 2028, and is in its second renewal option period, with no further renewal option available. The proposed firm-term dates and duration, along with the estimated contract value and other financial details, are redacted. - Notice context: This is a redacted justification for approval to negotiate, not a notice providing a detailed solicitation or award.

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