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  5. ›2025-12-FAC-PHLREG-003 - PHFA Philadelphia Regional Office…

Pennsylvania

2025-12-FAC-PHLREG-003 - PHFA Philadelphia Regional Office Commercial Real Estate

Closes 12/31/2025$1M – $3.5MRequest for ProposalLogin required
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Description

The Pennsylvania Housing Finance Agency (PHFA) is seeking proposals for Class A Commercial Office Space in the Montgomery County market, preferably in the Conshohocken area. The selected supplier will provide office space for a duration of 5 years with an option to extend for 2 years. The request for proposal (RFP) provides interested suppliers with sufficient information to enable them to prepare and submit proposals for consideration by PHFA. • The office space should be Class A Commercial. • The location should be in the Montgomery County market, preferably in the Conshohocken area. • The duration of the contract is 5 years with an option to extend for 2 years. • Questions are submitted online. • The bid submission type is electronic.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Key dates

Opened
12/8/2025
Questions due
12/30/2025
Closes
12/31/2025
Duration
5 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531312
Solicitation №
2025-12-FAC-PHLREG-003

Budget estimate

$1,000,000 – $3,500,000

The budget for this opportunity can be estimated based on the average cost of leasing office space in the Montgomery County area. The cost of leasing office space can vary depending on factors such as location, size, and amenities. However, a rough estimate for a 5-year lease of Class A office space can be around $20-50 per square foot per year. Assuming an average office space of 10,000 square feet, the total budget for the 5-year contract could be around $1-2.5 million, with an additional $400,000-1 million for the 2-year extension option.

AI estimate from the solicitation

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