Opportunity
SAM #2DC0617
Five-Year Extension of GSA Lease LDC01858 in Washington, DC
Buyer
GSA PBS Region 2 Leasing Division
Posted
November 02, 2026
Identifier
2DC0617
NAICS
531120
GSA is justifying a five-year extension of its existing Washington, DC lease to maintain occupancy and avoid disruption. - Procurement action: Extend lease LDC01858 for five years at the current location. - Pricing basis: GSA considers the extension fair and reasonable based on market research showing fully serviced rates of $48.00–$58.00 per rentable square foot (RSF), with a target rate of $52.44 per RSF. - Rationale: Remaining at the current location is intended to avoid a holdover and operational disruption while supporting strategic portfolio planning. - Timing and value: Specific start and end dates, square footage, and total contract value are not provided.
Description
See attached redacted justificaiton