ERB Commercial Lease 65 East State Street

The Ohio Real Estate RE04380-5 Indefinite Delivery Vehicle (IDV) is a comprehensive contract designed to provide state agencies with real estate services across Ohio. This master contract enables state entities to procure professional real estate solutions, specifically focused on services categorized under UNSPSC Code 80130000 for real estate services. The IDV allows for flexible, on-demand acquisition of real estate-related consulting, brokerage, and advisory services to support the state's property management and strategic real estate needs.

The contract is awarded to 65 East State Columbus Realty LP and administered by the Ohio Department of Administrative Services (DAS). The IDV is effective from July 1, 2025, through June 30, 2027, providing a two-year period of performance for state agencies to utilize the contract. As a state-level real estate services contract, it covers the entire state of Ohio, offering a standardized procurement mechanism for governmental real estate requirements. While specific contract value details are not provided, the IDV represents a strategic approach to streamlining real estate service acquisitions for Ohio state government entities.