Request for Lease Proposals (RLP) No. 3PA0375 - U.S. Government Seeks to Lease Office Space in State College, PA
Agency:U.S. General Services Administration
State:District of Columbia
NAICS Code:531120
Industry:Real Estate
Solicitation Type:Request for Proposal
Solicitation ID:3PA0375
4/9/2025
Close Date:5/12/2025
Last Updated:4/16/2025
Please visit the bid source via the “Link to Bid Source” button below for documentation.
Jessica Herring
jessica.herring@gsa.gov
(215) 307-6889
$1,000,000 – $3,000,000
The budget for this lease can vary greatly depending on factors such as the size of the office space, the location, and the terms of the lease. However, since the document does not specify the exact budget, we can estimate it based on average commercial lease prices in State College, PA. The average rent for office space in State College is around $20-30 per square foot per year. Assuming the Government is looking to lease around 10,000 square feet of office space, the annual rent would be approximately $200,000 to $300,000. Therefore, the total budget for the lease could be in the range of $1 million to $3 million over a 5-year period, depending on the terms of the lease and any potential renewals.
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