The federal government is asking local landlords if they’d be interested in leasing the region’s largest tenant some 28,200 square feet for a five-year term starting in 2019.
Earlier this week, Public Services and Procurement Canada published a request for “expressions of interest” from Ottawa property managers. While not a formal solicitation request, Public Services and Procurement Canada may eventually ask those interested landlords to submit a formal offer.
The federal government is casting a relatively wide geographic net for its space, which can be located anywhere west of St. Laurent Boulevard, east of Island Park Drive or Fisher Avenue and north of Baseline Road, Heron Road, Riverside Drive or Highway 417.
If the space is outside the central business district, it must be within a 600-metre walk of a rapid transit station.
To put the size of the request in context, 28,200 square feet the equivalent of slightly more than one full floor inside the Sun Life Centre.
The federal government occupies about 38 million square feet of office space across the National Capital Region. Within that portfolio, approximately 40 per cent is leased from the private sector while the remainder is comprised of Crown-owned properties or buildings occupied under a lease-to-own contracts.
The federal government’s top real estate official, Kevin Radford, has repeatedly said he’d like to see the government look to lease private-sector space to meet its future office requirements.
In a separate, smaller request for expressions of interest, the federal government said it’s also looking for 7,870 square feet of space in downtown Ottawa between Bay, Nepean and Elgin streets.