MCC Lease Ad .pdf

UNCLASSIFIED

U.S. GOVERNMENT

Millenium Challenge Corporation (MCC) seeks to lease the following space:

State: District of Columbia City: Washington

Delineated Area: See attached description Minimum Sq. Ft. (ABOA): 64,628 Maximum Sq. Ft. (ABOA): 72,152

Space Type: Office Parking Spaces (Total): 2 on-site, reserved spaces, plus additional on-site parking must be available at a minimum ratio of 1 per 1,500 RSF Parking Spaces (Reserved): 2

Parking Spaces (Non-reserved): 46 Full Term: 10 Years (Plus Abatement Period)

Firm Term: 10 Years (Plus Abatement Period) Option Term: N/A

Additional Requirements: ● A Metrorail Station must be located within 2,640 walk-able linear feet (WLF) from the main entrance of the offered building.

● Offered building must have the ability to meet ISC Level II security requirements.

● Offered base building must provide:

o Predominant minimum finished ceiling height of 8’6” throughout;

o Predominant minimum column spacing of 25’ by 25’ or equivalent;

o Access to a weather-protected loading dock able to accommodate one standard delivery truck;

● Offered space must be horizontally and vertically contiguous and located on no more than three (3) floors, each of which must be a full floor except that the top or bottom floor only may be a partial floor.

● Lease shall be subject to annual cancellation provisions and payment by the Government of unamortized lease costs. These cancellation provisions shall apply only upon the termination or modification of MCC’s current status as a government corporation either through legislative action, executive order, or a failure to receive appropriations as may be necessary to fulfill rent payment obligations.

Offered space must meet Government requirements for fire safety, accessibility, seismic, and sustainability standards per the terms of the Lease. A fully serviced lease is required. Offered space shall not be in the 1-percent-annual chance floodplain (formerly referred to as “100-year” floodplain).

Entities are advised to familiarize themselves with the telecommunications prohibitions outlined under Section 889 of the FY19 National Defense Authorization Act (NDAA), as implemented by the Federal Acquisition Regulation (FAR). For more information, visit: https://acquisition.gov/FAR-Case- 2019-009/889_Part_B.

The U.S. Government currently occupies office and related space in a building under a lease in Washington, DC, that will expire on November 30, 2025. The Government is considering a superseding lease transaction at the current location of 10 (ten) years beyond the current expiration date plus any abatement period, but will consider alternative space, if economically advantageous. In making this determination, the Government will consider, among other things, the availability of alternative space that potentially can satisfy the https://acquisition.gov/FAR-Case-2019-009/889_Part_B https://acquisition.gov/FAR-Case-2019-009/889_Part_B https://acquisition.gov/FAR-Case-2019-009/889_Part_B

UNCLASSIFIED

Government’s requirements, as well as costs likely to be incurred through relocating, such as physical move costs, replication of tenant improvements and telecommunication infrastructure, and non-productive agency downtime, and costs, including rent, related to vacating the current location prior to lease expiration.

Submission by anyone other than the owner or manager of a property must be accompanied by a letter from the ownership granting permission to make a general offering of space.

Expressions of Interest should include the following:

1) Building name & address;

2) Contact information and e-mail address of Lessor’s Representative;

3) ABOA and rentable square feet available (identifying the specific floors and square footage on each, with Common Area Factor) and its condition (shell, or built-out, and if so for whom);

4) Asking rental rate per ABOA and rentable square foot, and inclusive of a tenant improvement allowance (TIA) of $90/ABOA SF;

5) A description of additional tenant concessions offered, if any;

6) Date building will be ready for commencement of tenant improvements;

7) Evidence of the Offeror’s financial capability to fund base building improvements and tenant concessions; and

8) Evidence that the offered space will meet the other specific requirements identified herein.

Expressions of Interest Due: July 26, 2024, no later than 4:00 PM EST Market Survey (Estimated): August 2024

Initial Offers Due (Estimated): September 2024 Occupancy (Estimated): December 2024 - November 2025

Send Expressions of Interest to:

Lease Contracting Officer: Maxwell Sarpong – sarpongmb@mcc.gov

Lease Contract Specialist: Merle Phillips – philipsmc@mcc.gov

Lease Contract Specialist: Martin McPherson – mcphersonm@mcc.gov

Broker Representing MCC:

Savills, Inc.

See attached description