SamTrans Headquarters Project Includes BART Ground Lease
- Disclosed value
- Purchase option price of $126 million for the entire building
- From agendapacket
- Document date
- Dec 3, 2025
The 30-second brief
SamTrans is pursuing its new Millbrae headquarters through a lease-to-purchase arrangement involving a building on a 99-year ground lease from the Bay Area Rapid Transit District. The District agreed to lease the office space for at least eight months and may purchase the building for $126 million before the 30-month option period ends.
Bay Area Rapid Transit District (Bart) holds this facilities contract with San Mateo County Transit District. Its other public contracts on record include work for Metropolitan Transportation Commission.
Term as filed: 99-year ground lease; office-space lease for at least 8 months, with an option to purchase after 8 months and before 30 months.
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Contract details
- Contract type
- Facilities
- Amount
- Purchase option price of $126 million for the entire building
- Document date
- December 3, 2025
- Term
- 99-year ground lease; office-space lease for at least 8 months, with an option to purchase after 8 months and before 30 months
- Source document
- San Mateo County Transit District AgendaPacket Board of Directors Meeting 2025-12-03 (AgendaPacket)
Bay Area Rapid Transit District (Bart)'s other public contracts
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Questions about this contract
Who was awarded the facilities contract by San Mateo County Transit District?
Bay Area Rapid Transit District (Bart) was awarded this facilities contract by San Mateo County Transit District, as recorded on December 3, 2025. The contract value is Purchase option price of $126 million for the entire building.
How much is the Bay Area Rapid Transit District (Bart) contract with San Mateo County Transit District worth?
The Bay Area Rapid Transit District (Bart) contract with San Mateo County Transit District is valued at Purchase option price of $126 million for the entire building, 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 San Mateo County Transit District AgendaPacket Board of Directors Meeting 2025-12-03 (AgendaPacket), dated December 3, 2025 from San Mateo County Transit District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Bay Area Rapid Transit District (Bart) hold?
Bay Area Rapid Transit District (Bart) 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 San Mateo County Transit District currently buying?
Explore San Mateo County Transit District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.