LTN01428 (Template L100A)-Exhibit J- Broker Commission Exhibit.pdf
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- Solicitation number
- 8TN2168
About this file
This is a GSA Lease Template (L100) Exhibit J addressing broker project provisions for federal real estate lease transactions, effective February 2026.
The document establishes the framework for real estate broker compensation and commission credits in GSA lease awards. Savills Inc is identified as the authorized broker representing GSA in the lease transaction. The exhibit specifies that a total commission is earned upon lease execution and payable per the Commission Agreement between the lessor and broker. A portion of the total commission (the "Commission Credit") is forfeited by the broker and credited against the shell rental portion of annual rental payments. The lessor must reduce shell rent payments beginning with the first month of occupancy, continuing in equal monthly installments over the shortest practicable period until the commission credit is fully recaptured. The document includes a schedule for adjusted monthly rent showing the calculation methodology (stated rental payment minus prorated commission credit equals adjusted monthly rent), with adjustments subject to modifications outlined in the lease's "Rent and Other Consideration" paragraph. The lessor is responsible for paying the broker its portion of the commission per the signed Commission Agreement, calculated as the agreed-upon commission minus the Commission Credit specified in the lease or lease amendment.
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Text version
LEASE NO. LTN01428, PAGE 1 LESSOR: ________ GOVERNMENT: ________ GSA TEMPLATE L100, BROKER
PROJECT EXHIBIT J (5/26)
EXHIBIT J BROKER PROJECT
BP 1.01 DEFINITIONS: BROKER PROJECT ATTACHMENT (FEB 2026)
A. Definitions. The following definitions apply to the use of the terms in this attachment:
1. “Broker” means GSA’s broker, if GSA awarded this lease using a contract real estate broker.
2. “Commission Credit” means the amount of commission that is credited to the lease, if GSA’s broker agreed to forgo a percentage of its commission, in connection with the award of this lease.
BP 1.02 BROKER COMMISSION AND COMMISSION CREDIT (FEB 2026)
A. Savills Inc (Broker) is the authorized real estate Broker representing GSA in connection with this Lease transaction. The total amount of the
Commission is $XX and is earned upon Lease execution, payable according to the Commission Agreement signed between the Lessor and Broker. Only $XX of the Commission will be payable to Savills Inc with the remaining $XX, which is the Commission Credit, to be credited to the shell rental portion of the annual rental payments due and owing to fully recapture this Commission Credit. The reduction in shell rent must commence with the first month of the rental payments and continue until the credit has been fully recaptured in equal monthly installments over the shortest time practicable.
B. Notwithstanding the “Rent and Other Consideration” paragraph of this Lease, the shell rental payments due and owing under this Lease must be reduced to recapture fully this Commission Credit. The reduction in shell rent must commence with the first month of the rental payments and continue as indicated in this schedule for adjusted Monthly Rent:
Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*
Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*
Month X Rental Payment $XX,XXX minus prorated Commission Credit of $XX,XXX equals $XX,XXX adjusted X th Month’s Rent.*
* Subject to change based on adjustments outlined under the paragraph “Rent and Other Consideration.”
BP 1.03 PAYMENT OF BROKER (FEB 2026)
If GSA awarded the Lease through its Broker, the Lessor must pay GSA’s Broker its portion of the commission according to the Commission Agreement signed between the Lessor and Broker. “Its portion of the commission” means the agreed-upon commission to GSA’s Broker minus the Commission Credit specified in the Lease or Lease Amendment.
| EXHIBIT J BROKER PROJECT |
| BP 1.01 DEFINITIONS: BROKER PROJECT ATTACHMENT (FEB 2026) |
| BP 1.02 BROKER COMMISSION AND COMMISSION CREDIT (FEB 2026) |
| BP 1.03 PAYMENT OF BROKER (FEB 2026) |
File details come from the government source that posted it. Updated .