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GSA Extends Treasury Dept’s Vienna Office Lease

GSAThe General Services Administration has renewed lease on a Vienna, Virginia, office space for the Treasury Department‘s financial crimes enforcement network organization, the Washington Business Journal reported Monday.

Daniel Sernovitz writes the GSA signed a $53.9 million renewal lease agreement for the 2070 Chain Bridge Road building, which the Treasury has been occupying as a tenant since April 2004.

Last month, GSA extended office lease of the Civilian Board of Contract Appeals and the Medicaid and CHIP Payment and Access Commission at 1800 M Street Northwest in Washington.

GSA estimates that lease renewals could save the government as much as $21.2 million in physical move and build-out costs.

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