Des Moines Area MPO Policy Committee Meeting Agenda March 2026
MPO Considers Lease Extension with Knapp Properties
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Description
KC Real Estate LC (Knapp Properties), current landlord, offered the MPO 3-year and 5-year lease extension options including improved terms and tenant upgrades. The MPO is considering lease extension for its office location.
Contract Details
Contract Amount
$120,004 per year (thru Nov 2026); $112,211–$126,425 per year (Dec 2026–Nov 2031)
Vendor
KC REAL ESTATE LC (KNAPP PROPERTIES)
Agency
Des Moines Area MPO, IA
Contract Type
FACILITIES
Document Date
March 12, 2026
Contract Term
Through November 30, 2028, with 3- or 5-year extension options
Renewal Date
2028-11-30
Renewal Info
Current lease runs through Nov 30, 2028; 3-year and 5-year extensions under review, with one-time termination option Nov 30, 2026 (with 6-month notice).
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ffy_2028_stbg_tap_submitted_applications_summary.pdf
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