Inactive

The United States Department of Agriculture (USDA) seeks to lease the following space: State: ID City / County Idaho Falls / Bonneville County Delineated Area: North: Idaho Falls city limits East: Ida... The United States Department of Agriculture (USDA) seeks to lease the following space: State: ID City / County Idaho Falls / Bonneville County Delineated Area: North: Idaho Falls city limits East: Idaho Falls city limits South: Idaho Falls city limits West: Idaho Falls city limits Minimum Sq. Ft. (ABOA): 5,113 Maximum Sq. Ft. (RSF): 6,458 Space Type: Office Parking Spaces (Total): The greater of local code or 34 spaces Parking Spaces (Surface): The greater of local code or 28 spaces Parking Spaces (Structured): Parking Spaces (Reserved): 6 spaces Full Term: Twenty (20) years Firm Term: Three (3) years firm with 120-day termination at any time. If the Government terminates the lease before Tenant Improvements (TI) are paid off, the Government will pay the remaining TI balance at the time of lease termination. Option Term: N/A Additional Requirements: • Interested parties must provide the name of the building, address, location of available space, floor plans and contact information of authorized representative. • Expressions of Interest must also include the offered Rentable square feet (RSF) and ANSI/BOMA office area/usable square feet (USF) and the rental rate per RSF and USF, full service inclusive of a Tenant Improvement Allowance of $75.00/USF, meeting USDA’s standard office building shell requirements. The Tenant Improvement Allowance for existing locations is $8.25/USF. • Contiguous, above ground, space preferred. • All interested parties must either submit evidence of ownership or written authorization to represent the owner(s). Any submissions received without documentation of ownership and/or written authorization to represent the owner(s) will not be considered until such time the documentation has been received, which must also be submitted prior to the Expression of Interests Due Date. • In cases where an agent is representing multiple ownership entities, written acknowledgement/permission to represent multiple interested parties for the same submission. • Reference project number: DID04141-001 The U.S. Government currently occupies office and related space in a building under a lease in Idaho Falls, Idaho, that will be expiring. The Government is considering alternative space if economically advantageous. In making this determination, the Government will consider, among other things, the availability of alternative space that potentially can satisfy the Government’s requirements, as well as costs likely to be incurred through relocating, such as physical move costs and replication of tenant improvements and telecommunication infrastructure. Offered space must meet Government requirements for fire safety, accessibility, seismic and sustainability standards per the terms of the Lease. A fully serviced lease is required. Offered space shall not be in the 100-year flood plain. Expressions of Interest Due: April 24, 2019 at 4:00 pm EST Market Survey (Estimated): May, 2019 Occupancy (Estimated): October, 2020 Send Expressions of Interest to: Name/Title: Kevin Cutler, Local Broker Address: 700 S. Woodruff Avenue Idaho Falls, ID 83401 Office/Fax: 208.535.8520 Email Address: kevin.cutler@svn.com With a copy to: Name/Title: Maurice Walker, Birch Advisors Address: 12700 Woodmore North Boulevard, Suite A200 Bowie, MD 20720 Office/Fax: 240.554.3022 ext. 1 Email Address: maurice.walker@birch-advisors.com Government Contact Real Property Leasing Officer Scott Ayers Transaction Manager Maurice Walker