May 25, 2011

It's A Wonder Anybody Wants To Do Business With GSA

 From the Journal & Topics Newspapers in Chicago:
Building delays on a new Social Security Administration (SSA) office moving to Mt. Prospect are entering their 16th month. ...

"When we received the lease in January 2010, the initial desire was for them to move in by the first of 2011," said Nick Papanicholas, Jr., of Nicholas & Associates. "But the review process is taking longer on their end and they are going through numerous stages."
The General Services Administration (GSA) is the SSA's real estate manager. Papanicholas said there are numerous governmental departments that need to review building drawings before anything is constructed. He is hoping to begin construction this summer and said it would take three months to complete. ...
The new office is currently just a shell on the inside. Partitions still need to be built inside the office, as well as the ceiling, flooring and plumbing. ...

The new facility will total approximately 16,000 sq. ft. in a vacant strip mall at Kensington and Wheeling.
The lease will be for 15 years with an option to leave after 10 years at an annual rent of $483,870. Current rent at the Prospect Hts. facility is $526,243.

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