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U.S. General Services Administration·District of Columbia

Lease of Office Space within Raleigh, NC. Request for Lease Proposals (RLP) #26NAT02

Closes 11/9/2026$3.5M – $5.3MRequest for Proposal
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Description

The General Services Administration (GSA) is seeking competitive lease proposals for a new or continuing office space lease in Raleigh, North Carolina. The required space is between 17,310 and 18,221 ABOA square feet, with a 10‑year lease term (5‑year firm period) and specific tenant‑improvement and building‑specific amortized capital allowances. Offers are submitted through the GSA Leasing Portal during monthly open periods (1st‑7th of each month). The award will go to the lowest‑priced, technically acceptable proposal, without negotiation. • Location: Raleigh, NC (bounded by Highways 440, 87, and 40) • Space type: Office • Minimum/Maximum size: 17,310 – 18,221 ABOA SF • Lease term: 10 years (5 years firm) • TI allowance: $53.06 per ABOA SF • BSAC allowance: $12.00 per ABOA SF • Submission: Online via Leasing Portal, open 1‑7 each month, close 8:00 p.m. ET on the 7th • Award criteria: Lowest price, technically acceptable, no negotiations • Post‑award schedule: ~205 working days from lease award to government acceptance of finished space.

Attached files

Contact

Dominic INNAURATO

[email protected]

(215) 446-4532

Key dates

Opened
9/28/2026
Closes
11/9/2026
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
6NC0195

Budget estimate

$3,500,000 – $5,300,000

The lease covers roughly 17,500 SF at an assumed market rent of $20–$30 per square foot per year for federal office space in Raleigh. Over a 10‑year term, total lease revenue would be approximately $3.5 M–$5.3 M. Adjustments could arise from the tenant‑improvement allowance ($53.06/SF) and BSAC ($12/SF), which are costs to the government rather than revenue, but they affect the overall financial picture. Therefore, a reasonable estimate for the contract value (annual lease payments) is $350,000–$530,000 per year, or $3.5 M–$5.3 M over the full term.

AI estimate from the solicitation

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