5TN0294 signed JOTFOC renewal REDACTED.pdf

This document is a Justification for Other Than Full and Open Competition for a lease renewal option issued by the U.S. General Services Administration (GSA), Public Buildings Service (PBS), Office of Leasing.

The GSA seeks to renew a 5-year firm renewal option for approximately 26,833 rentable square feet of office space and related facilities, including 37 surface/structured parking spaces, currently located at 2868 Elm Hill Pike, Nashville, Tennessee under lease number LTN02063. The lease expires June 30, 2026, and the renewal would commence July 1, 2026, for 60 months. The estimated annual cost is approximately $[redacted] per rentable square foot per year, with a total contract value of $[redacted]. Market research conducted on October 2, 2025, identified only the incumbent lessor (MRK FED LLC) expressing interest following a SAM.gov advertisement posted for 16 days and CoStar research of comparable Nashville-area properties. The GSA justifies the non-competitive renewal under 41 U.S.C. 3304(a)(1) based on sole source authority, as relocation would result in substantial duplication of costs and operational disruption. A cost-benefit analysis supports the renewal option as the most efficient means of ensuring operational continuity, with relocation costs estimated to be substantial. The incumbent lessor is the only identified source expressing interest in the acquisition. Approval authority and contracting officer certification are provided by Stephanie Carlson, GSA Lease Contracting Officer, dated March 19, 2026.