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  5. ›REQUEST FOR LEASE PROPOSALS FOR OFFICE SPACE IN RICHLAND…

Department of Administration·South Carolina

REQUEST FOR LEASE PROPOSALS FOR OFFICE SPACE IN RICHLAND COUNTY FOR THE UNIVERSITY OF SOUTH CAROLINA

Closes 9/2/2026$2M – $3.5MRequest for Proposal
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Description

The State of South Carolina, via its Department of Administration’s Real Property Services, is seeking a landlord to lease approximately 21,500 rentable square feet of office space in Richland County (Columbia) to house University of South Carolina Student Affairs & Academic Support functions. The lease must be gross, include all operating expenses, and meet extensive technical, ADA, parking, and security requirements. Proposals must detail rentable and usable square footage, provide floor plans, and submit rates for 3‑, 5‑, 7‑, or 10‑year terms.

Attached files

Contact

[email protected]

(803) 737-8731

Key dates

Opened
8/17/2026
Closes
9/2/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
H270-090226

Budget estimate

$2,000,000 – $3,500,000

No explicit rent figures are provided, but market rates for Class A office space in Columbia, SC typically range from $20‑$30 per rentable square foot per year. For ~21,500 sf, annual gross rent would be roughly $430,000‑$645,000. Assuming a 5‑year lease, total contract value would fall between $2.1 million and $3.2 million. Variations depend on lease term length, negotiated rent per square foot, and any tenant‑improvement allowances (which are prohibited). Thus a reasonable budget range for the landlord is estimated at $2 million‑$3.5 million over the lease life.

AI estimate from the solicitation

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