Concession Opportunity – Terminal 3 Retail Marketplace Lease at San Francisco International Airport

SAN FRANCISCO – May 31, 2016 – San Francisco International Airport is accepting proposals for the Terminal 3 Retail Marketplace Lease. The Lease grants the right to provide a Retail Marketplace at the Airport for a term of seven (7) years with two (2) one-year options, at the Airport’s discretion. The proposed minimum acceptable financial offer, which will be the successful Proposer’s minimum annual guarantee for the first year of the Lease, is $1,350,000.00. The Airport intends to award the Lease to the highest-ranked, most responsive and responsible proposer. Each proposer must submit a proposal deposit in the amount of $375,000.00 as a guarantee that the proposer will execute said Lease. This proposal deposit shall be in the form of a surety bond or irrevocable letter of credit in its original form. Small, local, and disadvantaged businesses are encouraged to participate. Proposals will be received from 2:00 p.m. on Wednesday, June 29, 2016 until 2:00 p.m. on Wednesday, July 13, 2016.

The Request for Proposals (RFP) Document and related documents may be obtained on-line at www.flysfo.com/business-at-sfo/current-opportunities or by contacting Scott Blood, City Hall Fellow & Assistant Property Manager, Revenue Development and Management, at 650.821.4500.

About San Francisco International Airport
San Francisco International Airport (SFO) offers non-stop flights to more than 42 international cities on 36 international carriers. The Bay Area’s largest airport connects non-stop with 78 cities in the U.S. on 13 domestic airlines. SFO is proud to offer upgraded free Wi-Fi with no advertising. For up-to-the-minute departure and arrival information, airport maps and details on shopping, dining, cultural exhibitions, ground transportation and more, visit www.flysfo.com. Follow us on www.twitter.com/flysfo and www.facebook.com/flysfo.

West Coast Commercial Real Estate News