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 is $1,500,000.00, which will be the successful Proposer’s minimum annual guarantee for the first year of the Lease. 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 cashier’s check, surety bond or irrevocable letter of credit in its original form.
Proposals must be received by 5:00 p.m. on Wednesday, October 28, 2015.
The RFP document is available online at http://www.flysfo.com/business-at-sfo/current-opportunities. For additional information, please contact John Reeb, Sr. Principal Property Manager, Revenue Development and Management, at 650.821.4500.
