Award Synopsis Summary (1).docx

29 KB Posted

Attached to
Notice of Intent to Lease Space
Solicitation number
2MI0338
Issued by

About this file

Written by GovTribe AI ·

This document is an Award Synopsis Summary for a GSA lease agreement with Wayne County Airport Authority for the Warren Cleage Evans Terminal in Detroit, Michigan. The lease covers 4,005 ABOA rental square feet, with a five-year firm term and a total lease period of ten years beginning September 1, 2025. The shell rental rate increases from $61.16 per RSF in years 1-5 to $65.93 per RSF in years 6-10, with total annual rent ranging from $364,855.50 to $383,959.35. The government has 90-day cancellation rights, and the lease includes base operating costs of $119,909.70 annually. The contract was prepared by CBRE, Inc. under the National Brokerage Contract for GSA Public Buildings Service Region 5, with the award valued at $754,782.37 to Wayne County Airport Authority.

View the file

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file
Try for free Login

Text version

The file's text, extracted by GovTribe without its formatting.

U.S. General Services Administration

U.S. General Services Administration

Summary of Final Terms and Conditions to be included in the Lease for GS-05P-LMI01203

Property Information:
Warren Cleage Evans Terminal

601 W. G. Rogell Drive Detroit, MI 48242

Lessor Information:
Wayne County Airport Authority

11050 Rogell Drive Suite 602 Detroit, MI 48242

Offeror Information:
Chad Newton

WCAA CEO

Wayne County Airport Authority 11050 Rogell Drive Suite 602 Detroit, MI 48242

ANSI/BOMA Square Feet (ABOA):
4,005 ABOA
Rental Square Feet (RSF):
4,005 RSF
Parking – Surface:
0
Parking – Structured:
0
Estimated Term Begin Date:
9/1/2025
Firm Term (Years):
Five (5) Years (60-months)
Full Term (Years):
Ten (10) Years (120-months)
Option Term(s):
None
Government Cancellation Rights:
90 Days’ Notice
Shell Rental Rate:
Years 1-5: $244,945.80 ($61.16 / RSF)

Years 6-10: $284,049.65 ($65.93 / RSF) Years 1-10: $5,987.52 ($23.76 / RSF)

Taxes:
Included in Shell
Base Operating Rent:
Years 1-10 $119,909.70 ($29.94 / RSF)
Tenant Improvement Rent:
$0
Building Specific Security Costs:
$0
Total Annual Rent:
Years 1-5: $364,855.50 ($91.10/ RSF)

Years 6-10: $383,959.35 ($95.87/ RSF)

Overtime HVAC Rate:
$0.00
24/7 HVAC Rate:
N/A
Adjustment for Vacant Premises:
$0
Other:
N/A

This letter was prepared for the GSA by CBRE, Inc. under the terms of the National Brokerage Contract. This document contains confidential and privileged information. Distribution or sharing of this documents’ contents to anyone who is not a CBRE, Inc. GSA National Broker Contractor, subcontractor or broker is strictly prohibited.

image1.png

File details come from the government source that posted it. Updated .