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Awarded contract·Massachusetts Division of Capital Asset Management and Maintenance·Massachusetts

DPL-RFP, Massachusetts Trial Court

Won by JMS Realty Trust$6.3MSingle Award
Contract source

Awarded vendors

  • JMS Realty Trust

Description

This contract is a fifteen‑year lease of office space located at 55 Allied Drive, Dedham, Massachusetts. The Commonwealth of Massachusetts, through its Division of Capital Asset Management and Maintenance, entered into the lease with JMS Realty Trust, the property owner. The agreement provides an average annual rent of $420,242.09, amounting to roughly $6.3 million over the full term. No competitive bidding process or award date is documented, suggesting the lease may have been awarded without formal competition. • Lease term: 15 years (no specific start/end dates disclosed). • Premises: 55 Allied Drive, Dedham, MA 02026 – office space. • Annual rent: $420,242.09 (≈ $6.3 M total). • Vendor: JMS Realty Trust (landlord/owner). • Procuring agency: Massachusetts Division of Capital Asset Management and Maintenance (Boston).

Attached files

Key dates

Contract modified
6/16/2004
Duration
15 years

Last updated

Details

Award type
Single Award
Procurement
Sole Source
Industry
Real Estate
NAICS
531120
Solicitation №
S2298-vCurrent

Contract value

$6,303,631

The only monetary figure provided is the average annual rent of $420,242.09. Multiplying this by the 15‑year lease term yields a nominal contract value of $6,303,631.35. The document does not mention rent escalations, indexing, or additional charges, so the estimate assumes a flat rent over the entire period. Therefore the contract’s financial commitment is roughly $6.3 million USD.

AI estimate from the award documents

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