Department of the Interior
On behalf of ownership, FD Stonewater negotiated this 88,000 SF long-term lease renewal. In a creative transaction that required significant technical maneuvering, FD Stonewater was able to negotiate a 50% expansion of an existing GSA / U.S. Department of the Interior lease while simultaneously embedding a firm 5-year renewal option into the current lease. The renewal option was exercised immediately upon insertion giving the landlord a 7-year total lease term on a non-competed basis. In this instance, ownership typically self-performs on any leasing assignments, but recognized the need for specialized federal advisory expertise.