FAA Secures Long-Term Lease at Gassaway Building
- Disclosed value
- $4,535.42/month (5/1/2026–9/30/2026); $54,425.04/year (10/1/2026–9/30/2030); $63,132.96/year (10/1/2030–9/30/2035)
- From agenda
- Approved
- Jul 15, 2026
- Term
- May 1, 2026 – September 30, 2035
- Renews
- Free account
The 30-second brief
The MNAA Board approved a new lease with the Federal Aviation Administration for Suite 137 in the Gassaway Building, extending occupancy through September 2035. The agreement raises monthly rent to $4,535.42 initially with a 16% escalation mid‑term and includes mutual 365‑day termination rights.
Federal Aviation Administration holds this contract with Metropolitan Nashville Airport Authority. Its other public contracts on record include work for Naples Airport Authority (NAA) and City of Denton.
The renewal date is on record. A free account shows it, with the renewals for every Metropolitan Nashville Airport Authority contract.
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Contract details
- Amount
- $4,535.42/month (5/1/2026–9/30/2026); $54,425.04/year (10/1/2026–9/30/2030); $63,132.96/year (10/1/2030–9/30/2035)
- Document date
- July 15, 2026
- Term
- May 1, 2026 – September 30, 2035
- Renews
- Free account
- Source document
- Metropolitan Nashville Airport Authority Agenda Joint Meeting 2026-07-15 (Agenda)
Federal Aviation Administration's other public contracts
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Questions about this contract
Who was awarded the government contract by Metropolitan Nashville Airport Authority?
Federal Aviation Administration was awarded this government contract by Metropolitan Nashville Airport Authority, as recorded on July 15, 2026. The contract value is $4,535.42/month (5/1/2026–9/30/2026); $54,425.04/year (10/1/2026–9/30/2030); $63,132.96/year (10/1/2030–9/30/2035).
How much is the Federal Aviation Administration contract with Metropolitan Nashville Airport Authority worth?
The Federal Aviation Administration contract with Metropolitan Nashville Airport Authority is valued at $4,535.42/month (5/1/2026–9/30/2026); $54,425.04/year (10/1/2026–9/30/2030); $63,132.96/year (10/1/2030–9/30/2035).
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Metropolitan Nashville Airport Authority Agenda Joint Meeting 2026-07-15 (Agenda), dated July 15, 2026 from Metropolitan Nashville Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Federal Aviation Administration hold?
Federal Aviation Administration 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 Metropolitan Nashville Airport Authority currently buying?
Explore Metropolitan Nashville Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.