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U.S. Department Of The Interior·Wisconsin

Milwaukee, WI BLM Warehouse Space

Closes in 4 days$10M – $12MRequest for Expression of Interest
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Description

The U.S. Government (Bureau of Land Management) is seeking expressions of interest for existing leased commercial warehouse space and a secured fenced wareyard in the Milwaukee, WI area. The required warehouse space is between 5,000‑6,000 sf with at least two 12 x 12 ft drive‑in doors, 6 parking spaces, and a surrounding secured yard of 39,000‑45,000 sf. The lease term is 20 years, with a firm term of 15 years and a termination right after the firm term with 120‑day notice. The government will evaluate alternatives based on space availability, cost of tenant improvements, and telecommunications infrastructure. • Minimum warehouse size: 5,000 sf, maximum: 6,000 sf, two overhead doors (≥12 x 12 ft). • Secured fenced yard required: 39,000‑45,000 sf with fencing, lighting, and access control. • Lease terms: 20‑year lease, 15‑year firm term, termination rights after 15 years with 120‑day notice. • Submission: Expressions of interest due by October 23 2026, must include building details, floor plans, parking confirmation, ownership proof, rental rate, and contact information.

Attached files

Contact

Charles Leverett(Senior Real Estate Advisor)

[email protected]

(303) 810-4332

Key dates

Opened
9/29/2026
Closes
11/5/2026
Duration
20 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
L26PL00026

Budget estimate

$10,000,000 – $12,000,000

The solicitation does not disclose a rental rate, but typical market rates for warehouse space in the Milwaukee area range from $10‑$15 per square foot annually. Assuming the full 44,000 sf (warehouse + yard) is rented at $12 sf/yr, the annual revenue would be roughly $528,000, leading to a total contract value of about $10‑$12 million over the 20‑year lease. Therefore, the expected budget range is estimated between $10 million and $12 million for the full lease term.

AI estimate from the solicitation

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