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U.S. General Services Administration·New Mexico

U.S. GOVERNMENT WANTS TO LEASE OFFICE SPACE IN ALBUQUERQUE, NM

Closes 11/18/2026$5M – $10MRequest for Expression of Interest
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Description

The General Services Administration is seeking expressions of interest from owners or authorized representatives of properties that can provide a contiguous, modern office space of exactly 18,984 ABOA square feet in a defined area of Albuquerque, NM. The space must include 77 on‑site parking spaces, meet federal security level 2, and comply with fire safety, accessibility, seismic, and sustainability standards. The lease term is 15 years (13 years firm term) with a fully serviced lease required, and the space must not be located in a 1‑percent annual chance floodplain.

Attached files

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

Contact

Jason Lichty(Executive Managing Director)

[email protected]

(972) 739-2213

Key dates

Opened
10/29/2026
Closes
11/18/2026
Duration
15 years

Last updated

Details

Type
Request for Expression of Interest
Industry
Real Estate
NAICS
531120
Solicitation №
3NM0205

Budget estimate

$5,000,000 – $10,000,000

Assuming a market rent of roughly $30–$55 per ABOA square foot per year for premium office space in Albuquerque, the annual rent would be approximately $570,000–$1,040,000. Over the 13‑year firm term, total lease revenue could range from about $7.4 million to $13.5 million. Hence, a reasonable budget estimate for the lease is roughly $5 million to $10 million, accounting for variability in rent rates, operating cost recoveries, and potential escalations.

AI estimate from the solicitation

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