Notice of Award for SAM.gov - Sarasota FL OPC - 9.30.2026.pdf

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Attached to
X1DB--Sarasota Outpatient Clinic (PACT ACT) 131, 724 ANSI/BOMA
Solicitation number
36C10F26L0005
Issued by

About this file

This is a Notice of Award for a federal real estate lease contract. The Department of Veterans Affairs has awarded a 20-year lease to CMI Cullinan JV, LLC for medical space and parking to support the Sarasota Outpatient Clinic in Sarasota, Florida. The lease covers 121,784 ANSI/BOMA square feet (130,247 rentable square feet) of medical space and 750 parking spaces located at 2390 Lakewood Ranch Boulevard. The contract was solicited under RLP No. 36C10F24R0007 with a set-aside for Service-Disabled Veteran Owned Small Businesses (SDVOSB). The lease was awarded on September 30, 2026, with a Total Lease Contract Value of $221,711,444.00, which includes the full 20-year firm term, option periods, and tenant improvement costs. The NAICS code is 531120 and the Classification Code is X.

The commencement date and specific termination and renewal rights will be detailed in a Lease Amendment following substantial completion and acceptance of the space by the government. The awarded lessor is located at 104 S. Sycamore Street, Fremont, NC 27830.

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Notice of Award

Project: Department of Veterans Affairs PACT Act Lease in Sarasota, FL Classification Code: X NAICS Code: 531120 Set Aside: Service-Disabled Veteran Owned Small Business (SDVOSB) Lease Award Date: September 30, 2026

This serves as notice that the Department of Veterans Affairs (VA) has accepted an offer, pursuant to RLP No. 36C10F24R0007, to lease 121,784 ANSI/BOMA square feet (or 130,247 rentable square feet) of medical space and 750 parking spaces for a 20-year firm term at 2390 Lakewood Ranch Blvd in Sarasota, FL for the Sarasota Outpatient Clinic (OPC). The Lease has been awarded to the following Lessor:

CMI Cullinan JV, LLC 104 S. Sycamore Street Fremont, NC 27830

The commencement date of this Lease, along with any applicable termination and renewal rights, shall be more specifically set forth in a Lease Amendment upon substantial completion and acceptance of the Space by the Government.

Total Lease Contract Value (TLCV)*: $221,711,444.00

*The Total Lease Contract Value (TLCV) recited herein is the entire lease award amount at initial award, including the dollar value of option periods, if applicable, plus any lump-sum and/or amortized tenant improvement costs reflected in the rent schedule. Lump-sum tenant improvement costs based on allowances and definitized post-award/post-design are computed based on the lease ABOA SF and allowance value.

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