General Services Administration (GSA) seeks to lease the following space in Panama City, FL:

U.S. GOVERNMENT

General Services Administration (GSA) seeks to lease the following space:

State: Florida

City: Panama City

Delineated Area:

     Northwest: S Arnold Road 79 (boundary goes into water) to N Arnold Road 79 to W Bay Parkway 388

     Northeast: 77 to E Hwy 388 to 231

     Southeast: Star Avenue 719 to Cherry Street to 30 to E 5th Street 30 to E 6th Street 30

     Southwest: W 6th Street 30 to W Beach Drive 30 to Frankford Avenue 30 to W 9th Street to Beck Avenue to W 18th Street, Continue on 30 (US Hwy 98) over Hathway Bridge (boundary goes into water) to Front Beach Road 30

Minimum Sq. Ft. (ABOA): 4,013

Maximum Sq. Ft. (ABOA): 4,013

Space Type: Office

Parking Spaces (Total): 7

Parking Spaces (Unreserved): 0

Parking Spaces (Reserved): 7

Full Term: 15 years

Firm Term: 10 years

Option Term: N/A

Additional Requirements: Offered buildings must meet certain base building requirements, including but not limited to the following:

• Offered space must be contiguous in one suite and above grade.

The offered space must meet Federal Government, State, and Local jurisdiction requirements for fire and life safety, security, accessibility, seismic, energy, and sustainability standards per the terms of the Lease.  The proposed leased space shall be fully serviced.  Offered space shall not be in the 1-percent-annual chance floodplain (formerly referred to as “100-year” floodplain).

Submission by anyone other than the owner or manager of a property must be accompanied by a letter from the ownership granting permission to make a general offering of space.  In instances where the Offeror is representing more than one property, the Offeror is hereby notified that they may only participate in negotiations on behalf of one owner.

Entities are advised to familiarize themselves with the telecommunications prohibitions outlined under Section 889 of the FY19 National Defense Authorization Act (NDAA), as implemented by the Federal Acquisition Regulation (FAR).).  For more information, visit: https://acquisition.gov/FAR-Case-2019-009/889_Part_B.

Expressions of Interest should include the following:

1)   Building name & address;

2)   Contact information and e-mail address of Lessor’s Representative;

3)   ABOA and rentable square feet available (identifying the specific floors and square footage on each, with Common Area Factor) and its condition (shell, or built-out, and if so for whom);     

4)   Asking rental rate per ABOA and rentable square foot, fully serviced and inclusive of a tenant improvement allowance (TIA) of $47.26/ABOA SF;

5)   A description of additional tenant concessions offered, if any;

6)   Date building will be ready for commencement of tenant improvements; and

7)   Evidence that the offered space will meet the other specific requirements identified herein.

8)   Offeror’s name and address, and a written statement from Offeror identifying Offeror’s representative and granting authority to provide information on the property.

Expressions of Interest Due: June 28, 2024, no later than 4:00 PM Eastern

Market Survey (Estimated): July 2024

Initial Offers Due (Estimated): August 2024

Occupancy (Estimated): March 2026

Send Expressions of Interest to:

Name/Title: Bryant Porter, Managing Director, Savills Inc.

Address: 1201 F Street, NW, Suite 500, Washington, DC 20004

Office: 202-624-8515

Email Address: bryant.porter@gsa.gov

Government Contacts

Lease Contracting Officer: Milagros Toro

Brokers: Bryant Porter