Item 177
approved contractNov 22, 2022
Authorize the Division of Plant & Property to enter into a retroactive, sole source twenty (20) year lease agreement with 2Granite Place, LLC, Concord, NH, for an amount not to exceed $70,276,858.96; reflective of the base rent, amortized costs, and reimbursable operating expenses over the lifespan of the lease; which shall provide office space for the Department of Justice (DOJ) and other state agencies. The facility, located at 1 Granite Place in Concord, NH, is approximately 106,000 square feet and the DOJ will occupy approximately 65,000 square feet. At the time that fit-up for the DOJ is complete, the Department of Administrative Services will work with other state agencies in need of space and move them into the remaining areas. Effective upon G&C approval, the lease will be effective for the period July 1, 2022 through June 30, 2042. 100% General Funds.