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  5. ›REQUEST FOR INFORMATION - RFI 696 Lease of Office Space at the Anch…

Alaska Legislative Affairs Agency·Alaska

REQUEST FOR INFORMATION - RFI 696 Lease of Office Space at the Anchorage Legislative Office Building

Closes 3/30/2026$1.2M – $1.8MRequest for Information
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Description

The Legislative Affairs Agency is soliciting information from companies or firms interested in leasing commercial office space at the Anchorage Legislative Office Building. The office space is approximately 5,889 rentable square footage and is currently configured as a bank branch with offices, lobby tellers, a kitchen, private restrooms, a large vault, and drive-thru teller stations. The lease agreement will include utilities such as electric, water, sewer, and heat. The space is located in a high-traffic area near restaurants and shopping centers, with designated parking available. Interested companies must provide information such as their business name, license number, years of operation, planned use of the space, parking needs, and maximum price per square foot they are willing to pay. The occupancy date is expected to be in late fall 2026, with a minimum lease term of 10 years and optional renewal periods. Some key points to consider include: • Approximately 5,889 rentable square footage of Class A office and bank space • Six drive-thru lanes and a large vault • Utilities included in the lease agreement • High-traffic location with designated parking • Minimum lease term of 10 years with optional renewal periods • Responses must be received by March 30, 2026, 2:00 pm Alaska Time

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

JC Kestel(Procurement Officer)

[email protected]

(907) 465-6705

Key dates

Opened
2/26/2026
Closes
3/30/2026
Duration
10 years

Last updated

Details

Type
Request for Information
Industry
Real Estate
NAICS
531110
Solicitation №
RFI 696

Budget estimate

$1,177,800 – $1,766,700

The budget for this opportunity is difficult to estimate, as the RFI is seeking information from companies interested in leasing office space, rather than a specific contract or project. However, based on the information provided, it appears that the agency is looking for a long-term lease agreement, with a minimum term of 10 years. The rentable square footage of the space is approximately 5,889, and the agency is seeking information on the maximum price per square foot that respondents are willing to pay. Assuming an average rent per square foot of $20-30, the total annual rent for the space could be in the range of $117,780 to $176,670. Over the 10-year lease term, the total budget could be in the range of $1,177,800 to $1,766,700.

AI estimate from the solicitation

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