CONTRACTPENDING

Nashua Considers 47-Year School Street Garage Lease

City of Nashua logoCity of Nashua
Disclosed value
$72,000.00 annual rent ($150 per space per month for 40 spaces), plus $15,000.00 prorated rent for December 1, 2026 through February 14, 2027
From agendapacket
Document date
Oct 24, 2026
Renews
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The 30-second brief

What it covers

The City of Nashua is considering a long-term School Street Parking Garage lease with Nashua Apartment Ventures, LLC. The proposed lease covers 40 spaces from December 1, 2026, through February 14, 2074, at $72,000 in annual rent plus $15,000 in prorated initial rent.

Who holds it

Nashua Apartment Ventures LLC holds this facilities contract with City of Nashua.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Nashua contract.

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Contract details

Contract type
Facilities
Amount
$72,000.00 annual rent ($150 per space per month for 40 spaces), plus $15,000.00 prorated rent for December 1, 2026 through February 14, 2027
Document date
October 24, 2026
Term
December 1, 2026 – February 14, 2074 (47 years and 2.5 months), with an option to extend for a term coincident with the Air Rights Lease
Renews
Free account
Source document
City of Nashua AgendaPacket Board of Aldermen Meeting 2026-10-27 (AgendaPacket)

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Questions about this contract

Who was awarded the facilities contract by City of Nashua?

Nashua Apartment Ventures LLC was awarded this facilities contract by City of Nashua, as recorded on October 24, 2026. The contract value is $72,000.00 annual rent ($150 per space per month for 40 spaces), plus $15,000.00 prorated rent for December 1, 2026 through February 14, 2027.

How much is the Nashua Apartment Ventures LLC contract with City of Nashua worth?

The Nashua Apartment Ventures LLC contract with City of Nashua is valued at $72,000.00 annual rent ($150 per space per month for 40 spaces), plus $15,000.00 prorated rent for December 1, 2026 through February 14, 2027, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Nashua AgendaPacket Board of Aldermen Meeting 2026-10-27 (AgendaPacket), dated October 24, 2026 from City of Nashua. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nashua Apartment Ventures LLC hold?

Nashua Apartment Ventures LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Nashua currently buying?

Explore City of Nashua's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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