Inactive
Notice ID:5CA1009
GSA has executed a lease for 15 years firm for 36,632 RSF of space for the U.S. Bankruptcy Courts, U.S. District Courts and Federal Public Defender in Oakland, CA. The lease has been awarded to KBS SO...
GSA has executed a lease for 15 years firm for 36,632 RSF of space for the U.S. Bankruptcy Courts, U.S. District Courts and Federal Public Defender in Oakland, CA. The lease has been awarded to KBS SOR II Oakland CIty Center, LLC in Newport Beach, CA. Commencing 08/07/2020 through 08/01/2040, the U.S. Government shall pay the Lessor annual rent of $2,124,705.85 for Years 1 - 2, $2,216,061.17 for Years 3 - 5, $2,307,641.17 for Years 6 - 10, $2,399,221.17 for Years 11 - 13 and $2,490,801.17 for Years 14 - 15. Justification for Other than Full and Open Competition attached.