This Government Contract opportunity from General Services Administration was posted on April 15, 2015. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
U.S. General Services Administration Awards 29,273 RSF of Office and Realted Space in Oakbrook Terrace, IL
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The U.S. General Services Administration is seeking a fully serviced lease for combined office and warehouse space in Oakbrook Terrace, Illinois. The required facility must be located within a specific area bounded by Roosevelt Road, I-355, Ogden Avenue, and I-294. The space requirements range from a minimum of 26,681 to a maximum of 29,273 rentable square feet, specifically divided between office and warehouse use. Additionally, the lease must include eleven structured and reserved parking spaces and adhere to strict government standards for fire safety, accessibility, seismic stability, and sustainability, with a requirement that the property is not located in a 100-year flood plain. The lease agreement is structured for a full term of 65 months and 7 days, which includes a firm term of 29 months and 7 days with no additional option terms. This procurement is part of a strategic evaluation to determine if relocating from a current expiring lease in Oakbrook is economically advantageous, considering factors such as moving costs and infrastructure replication. Expressions of interest were managed by CBRE, with the final award notice identifying the acquisition of 29,273 rentable square feet of office and related space.
General Info
Contract Value
$5,744,766.21Place of Performance
OAKBROOK TERRACE, IL, USASet-Aside
Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
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