Public Properties LLC

Public Properties LLC, a for-profit limited liability company headquartered in Washington, D.C., operates as a prime contractor delivering real estate brokerage and leasing support services to federal agencies on a full-and-open basis with no SBA set-aside designations. The vendor competes entirely as a prime contractor (100% of recent awards) and does not pursue work as a subcontractor.

Public Properties' footprint is overwhelmingly concentrated in commercial real estate brokerage services. The vendor holds two single-award indefinite-delivery IDIQs issued by GSA Region 8 in January 2026 — one with a $5,000 ceiling effective through January 2027 — that serve as the parent vehicles for 197 and 146 task orders respectively under PSC Support-Professional Real Estate Brokerage (473 of 516 total awards). The primary customer concentration sits with GSA's Public Buildings Service Central Office Center for Broker Services, which accounts for 391 awards with $386 combined potential value; the second-tier concentration is the Department of Veterans Affairs Office of Construction and Facilities Management (20 awards, $165.3 million combined potential value), reflecting substantial VA real estate development and facilities work. The Department of Commerce's National Oceanic and Atmospheric Administration places 20 awards worth $1.3 million combined. Together, the top five customer entities by potential-value share account for 95% of the combined $197.7 million portfolio. The gap between award count and dollar concentration is pronounced: GSA's broker-services hub dominates volume (391 orders) while operating at nominal ($1) per-order valuations, whereas the VA program anchors most of the enterprise value despite fewer awards. Recent activity shows 54 awards in FY2022, 53 in FY2023, and 53 in FY2024, with only 9 awards recorded in FY2025 and 35 through September 2026; the slowing in FY2025 reflects data-capture timing rather than operational decline.

The vendor's capability portfolio, grounded in the primary NAICS category 541210 (Offices of Real Estate Agents and Brokers) and PSC Support-Professional Real Estate Brokerage, centers on lease acquisition, lease amendment coordination, post-award administrative support, and requirements development for federal real estate tenants. Representative task orders include GSA Leasing Support Services in Lexington-Fayette, Kentucky (award September 30, 2026, completion April 30, 2030, one dollar), GSA Leasing Support Services Plus in Nashville, Tennessee (award September 23, 2026, completion May 1, 2027, one dollar), and a Department of Veterans Affairs lease-acquisition project in Little Rock, Arkansas (award February 21, 2023, completion December 30, 2025, one dollar). The one-dollar ceiling framing on GSA broker-services task orders is a standard vehicle artifact; actual performance value accrues through indirect government expenditure on the identified real property transactions Public Properties facilitates rather than direct contract spend.

GSA Schedule labor rates span from $85.26 per hour (Project Assistant, associates degree, three years' experience, security clearance required) through $304.52 per hour (Managing Director, master's degree, fifteen years' experience, security clearance required), with intermediate pricing at $194.89 per hour for a Transaction Manager and $243.61 per hour for a Senior Transaction Manager. This rate structure signals a team-staffing posture scaling from entry-level transaction support through senior brokerage and project leadership, though the SCI dataset captures minimal on-contract staffing: 0.6 FTEs in FY2024 across 12 subcontractor records and 0.0 FTEs in FY2025 across 3 subcontractor records, indicating either a labor model that imports personnel from other entities or minimal SCI-reportable service contract activity above the $150,000 threshold on subcontract roles.

Of 109 awards reaching ultimate completion within the next twenty-four months, combined potential value totals $109 (reflecting the one-dollar per-order standard on GSA broker-services work), presenting no material recompete cliff in dollar terms. The vendor's service-contract footprint outside SCI is essentially unmapped; the $2.5 million combined obligated amount across all 516 awards represents approximately 1% of the $197.7 million combined potential value, consistent with the one-dollar structure on the majority of GSA broker-services orders and the VA program's bifurcation of capital funding (obligated dollars) from brokerage-fee or transaction-support scope.

Public Properties LLC specializes in providing federal government lease transactions and real estate advisory services to both federal government agencies (such as VA and NOAA) and private sector property owners with government leases.