Award Synopsis Summary (1).docx

This is an Award Synopsis Summary for a GSA lease award related to office space at Kalamazoo/Battle Creek International Airport. The General Services Administration awarded contract 0MI2293 to Kalamazoo County on March 18, 2026, for the provision of approximately 927 rentable square feet of on-airport office space designated for TSA operations. The property is located at 5235 Portage Road, Kalamazoo, Michigan 49002, with an estimated lease commencement date of May 1, 2026. The award amount totals $395,180.10.

The lease structure includes a firm five-year term (60 months) with an option to extend for an additional five years, reaching a full ten-year term (120 months), with no additional option periods. The total annual rent is $39,518.01 for all ten years, comprised of a shell rental rate of $29.13 per square foot and base operating rent of $13.50 per square foot, with taxes included. There are no tenant improvement costs, building-specific security costs, structured or surface parking spaces allocated, or overtime HVAC charges. The government retains cancellation rights with 90 days' notice. This lease summary was prepared by CBRE, Inc., the GSA National Brokerage Contractor, for the General Services Administration Public Buildings Service Region 5.