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FBO DAILY - FEDBIZOPPS ISSUE OF NOVEMBER 12, 2016 FBO #5468
AWARD

X -- Award of Office Lease

Notice Date
11/10/2016
 
Notice Type
Award Notice
 
NAICS
531120 — Lessors of Nonresidential Buildings (except Miniwarehouses)
 
Contracting Office
General Services Administration, Public Buildings Service (PBS), Leasing Division Region 4 (4PR), 77 Forsyth Street, SW, Suite G, Atlanta, Georgia, 30303-3427, United States
 
ZIP Code
30303-3427
 
Solicitation Number
5FL0531
 
Archive Date
11/25/2016
 
Point of Contact
Michael P. Monaghan, Phone: 404-215-6763
 
E-Mail Address
michael.monaghan@gsa.gov
(michael.monaghan@gsa.gov)
 
Small Business Set-Aside
N/A
 
Award Number
GS-04P-LFL00137
 
Award Date
11/10/2016
 
Awardee
Bayou Property Company, LLP, c/o Beck Partners CRE, LLC<br />, 151 Main Street, Suite 200, Pensacola, Florida 32502, United States
 
Award Amount
$780,079.20
 
Description
Summary of Final Terms and Conditions to be Included in Lease LFL00137 for PROJECT 5FL0351 Property Location Bayou Corporate Center, 4900 Bayou Boulevard, Pensacola, FL 32503 Lessor Information Bayou Property Company, LLP 151 W. Main Street, Suite 200 Pensacola, FL 32402-2525 Usable Sq. Ft. 1,839 Rentable Sq. Ft. 2,262 R/U Factor 1.023 OPM's USF ABOASF 1,539 OPM's RSF 1,963 Parking Surface Total = 8 6 for OPM; 2 secured for FPS Estimated Term Begin Date April 1, 2017 Firm Term 5 Years Total Term 10 Years Options None OA Cancellation Rights Cancellable Government Cancel Rights 120 Days written notice to Lessor Starting Total Annual Rent $81,137.94 ($35.87 Per RSF/ $44.12 ABOA SF) Shell Rent PSF (Yrs. 1-5) $22.00 RSF / $27.06 ABOA SF Shell Rent PSF (Yrs. 6-10) $25.01 RSF / $30.76 ABOA SF Base Operating Rent $12,305.28 ($5.44 RSF / $6.69 ABOA SF) OPM's Proportionate Share Annual Shell Rent (Yrs. 1 - 5) $43,186.00 OPM's Proportionate Share Annual Operating Expense $12,546.88 TOTAL TI Allowance $65,300.00 ($6.69 RSF / $8.23 ABOA SF) TOTAL TI Annual Rent $15,132.78 TA Amortization Rate & Term 6.0% 60 months OPM's Proportionate TIA Annual Rent Amortized General: $12,546.88 Custom: $ 605.71 TOTAL BSAC $ 17,000.00 ($1.74 psf) = $3,935.88 annual rent BSAC Amortization Rate & Term 6.0% 60 months OPM's Proportionate BSAC Annual Rent Amort $3,415.62 Taxes Included in Shell Rent Overtime HVAC Rate $0.00 (none) 24/7/365 climate controlled HVAC 24 hr HVAC requirement none Other FPS and OPM - (2) tenants under same lease LFL00137 under separate occupancy agreements with GSA. Total space size = 2,989 RSF; however, Offeror only charging government on the basis of 2,262 RSF to meet the minimum/ maximum usable RLP requirement of 1,839 ABOASF with an R/U factor of 1.23%.
 
Web Link
FBO.gov Permalink
(https://www.fbo.gov/spg/GSA/PBS/4PE/Awards/GS-04P-LFL00137.html)
 
Record
SN04325770-W 20161112/161110234207-4e28cd45ae61e8d40588b9759ebd5969 (fbodaily.com)
 
Source
FedBizOpps Link to This Notice
(may not be valid after Archive Date)

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