X1DB--Succeeding Lease Hines Medical Research

The Department of Veterans Affairs is seeking to lease medical research space in Chicago, IL. The space must meet specific criteria, including being handicapped accessible, providing 1,277 rentable square feet, and being located within a delineated area. Interested offerors must respond to this sources sought notice by providing specific information, including the proposed property address, cost advantages, and ability to meet the Government's requirements. The VA will use this information to determine if relocation to an alternative space would be economically advantageous. Some key points to consider include: • The space must be ADA compliant • The lease term is 10 years, with a 5-year firm term • The space must be available for occupancy by August 1, 2025 • The proposed property must be outside the 100-year flood plain • The VA will consider cost advantages, such as physical move costs and replication of tenant improvements, when evaluating proposals