Lease of Office Space

Award Notice Posted

Solicitation number
5PA0505
Agency
Awarded
Set-aside
No set-aside

Opportunity facts

Contract number
LPA01069
PSC
Not on record
Place of performance
Philadelphia, Pennsylvania, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The General Services Administration Public Buildings Service Region 3 has awarded lease contract LPA01069 to ONE PENN ASSOCIATES LP for $12,515,445.00 for office space at One Penn Center in Philadelphia, Pennsylvania. The awarded lease encompasses 38,591 ABOA square feet of office space for the U.S. Securities and Exchange Commission, with a total rentable area of 44,756 square feet. The ten-year firm lease will commence on September 1, 2025, and represents a superseding lease that will replace the current lease arrangement at 1617 John F. Kennedy Boulevard. The space will house critical SEC operations including a Testimony Suite, Commission Meeting Room, and High Density File Room, with the rental rate positioned below current market rates for the Philadelphia submarket and including tenant improvement allowances.

Notice text

Lease Number LPA01069 awarded pursuant to RLP 5PA0505 in Philadelphia, PA for 38,591 ABOA SF of office space. 

Awarded contract LPA01069 to ONE PENN ASSOCIATES LP for 12515445.00 on 2025-08-25.

Files

File Type Posted
SEC Redacted Justification.pdf PDF

Notice history

Notice Type Posted
This notice Award Award Notice
United states government seeks to lease office space in philadelphia, PA Latest pre-solicitation Pre-Solicitation

On GovTribe

Work this opportunity

  • Track it in your pipeline
  • Find teaming partners
  • Similar opportunities
  • Ask GovTribe AI about this opportunity