U. S. Government Awards Lease Extension for Office and Related Space in Washington, DC

Award Notice Posted

Solicitation number
3DC0613
Agency
Awarded
to Cbre Inc.
Set-aside
No set-aside

Opportunity facts

Contract number
47PA0523F0129 Federal contract award
Place of performance
Washington, District of Columbia, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The General Services Administration Public Buildings Service has awarded a lease extension contract valued at approximately $22.26 million to STONELEX C LLC (the incumbent lessor, operating as Potomac Creek Associates, LLC) for office and related space in Washington, DC. The awarded contract extends the lease for the National Transportation Safety Board's headquarters located at 470/490 L'Enfant Plaza, covering 163,538 rentable square feet (138,523 ABOA square feet) for a 30-month term commencing December 1, 2025, and expiring May 31, 2028, with early termination rights effective December 1, 2027. This lease extension was awarded under non-competitive procedures authorized by 41 U.S.C. 3304(a)(1) to accommodate unexpected delays in acquiring replacement space through a separate full and open competition procurement, thereby avoiding operational disruption and preventing duplicate relocation costs while the government consolidates this lease with another facility anticipated for occupancy in November 2027. The extension rate of up to $60 per rentable square foot was determined to be fair and reasonable based on market research identifying comparable space in the Washington, DC metropolitan area.

Notice text

Awarded contract 47PA0523F0129 to STONELEX C LLC for 22264063.20 on 2025-12-17.

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