U.S. Department of Agriculture
Kansas City, MO
FD Stonewater's leasing team navigated ownership through a complex lease negotiation that ended with a long-term renewal of the USDA for 20 years, 15 firm (with 5-year renewal option) after a full and open competition. This was preceded by a strategic 5-year extension which allowed for more time to negotiate the prospectus lease in ownership's favor and added to the total occupancy term of the tenant. FD Stonewater's development team assisted the leasing team in advocating for an appropriate move and replication credit which enhanced the incumbent owner's competitiveness.