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U.S. General Services Administration·District of Columbia

General Services Administration (GSA) Seeks to lease the following space: Solicitation No. 2TX1269

Closes 9/18/2026$500k – $1.2MRequest for Proposal
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Description

GSA is soliciting offers to lease approximately 5,972 square feet of office space in Austin, Texas. The solicitation follows standard federal lease acquisition procedures, requiring offerors to be registered in SAM, submit paper proposals (unless otherwise authorized), and comply with a variety of security, sanctions, and data‑restriction clauses. The lease will be awarded to the responsible offeror presenting the best value after evaluation and possible discussions. • Lease size: 5,972 ABOA (Above‑Basin‑Office‑Area) square feet. • Location: Austin, TX (state‑wide federal office space needs). • Agency: General Services Administration (GSA). • NAICS code listed: 531120 (Lessors of Non‑residential Buildings). • Offerors must be SAM‑registered and meet numerous compliance certifications (security, sanctions, Sudan, Iran, etc.). • No specific lease term, rent rate, or award timeline disclosed in the text. • Submission format is paper‑based unless electronic commerce is authorized; late proposals are subject to strict conditions. • Primary contact: Edward “Teddy” H. Seifert (GSA), email [email protected], phone (202) 652‑4189.

Attached files

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

Contact

Edward "Teddy" H. Seifert(Broker)

[email protected]

(202) 652-4189

Key dates

Opened
6/24/2026
Closes
9/18/2026
Duration
15 years

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531120
Solicitation №
2TX1269_1

Budget estimate

$500,000 – $1,200,000

The lease involves 5,972 sf of office space in Austin, TX. Market rent for Class A/B office space in Austin typically ranges from $30 to $40 per square foot per year. Assuming a 3‑ to 5‑year lease term (common for federal leases), the total contract value would be roughly: • Low estimate: 5,972 sf × $30 / sf × 3 years ≈ $540,000. • High estimate: 5,972 sf × $40 / sf × 5 years ≈ $1,200,000. Thus, the expected budget range for the winning leaseholder is approximately $500 k to $1.2 M, depending on negotiated rent rates and lease length. Factors influencing the final amount include exact square‑footage pricing, lease term, escalations, and any additional services (maintenance, utilities) required by GSA.

AI estimate from the solicitation

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