Real Estate

Code 531
Parent/Child
Popular Federal Contract Opportunities
Not listed
Popular Federal Contract Awards
Not listed

NAICS 531 (Real Estate) encompasses a broad range of real estate-related services and leasing activities focused on property management, rental, and leasing across various property types. This category includes lessors of residential and nonresidential buildings, real estate agents and brokers, property managers, and businesses engaged in buying, selling, renting, and leasing real estate properties. The services span commercial, residential, and specialized property markets, providing critical infrastructure support for government and private sector organizations.

Federal contract awards in this category demonstrate significant government investment in leasing office, medical, warehouse, and specialized facilities across multiple regions. The contract awards frequently involve long-term leases ranging from 5-20 years, with total values often exceeding $3-10 million. Common funding agencies include the General Services Administration, Department of Veterans Affairs, Department of Defense, and Department of the Interior. Set-aside types vary, with some opportunities designated for small businesses, Service-Disabled Veteran-Owned Small Businesses, or 8(a) program participants. Performance locations are geographically diverse, spanning urban and rural areas in states like California, Texas, Florida, Arizona, and Oregon.

Recent federal contract opportunities within NAICS 531 primarily seek leased spaces for government facilities, including outpatient clinics, recruiting centers, administrative offices, and specialized research spaces. Typical requirements include precise square footage specifications, parking accommodations, security standards, and compliance with federal building regulations. Notable opportunities include a 35,827 square foot VA Community Based Outpatient Clinic in Fayetteville, Arkansas, a 16,632-17,000 square foot GSA office space in Glendale, Arizona, and a 15,851 square foot VA warehouse lease in Honolulu, Hawaii. Agencies consistently emphasize requirements such as accessibility, sustainability, seismic compliance, and telecommunications infrastructure in their solicitations.

Generated 1/18/25, 12:11 AM