Federal obligations in lessors of nonresidential buildings except miniwarehouses (NAICS 531120)

Leasing nonresidential space at $677.0M

Federal tenants lease offices, warehouses (other than miniwarehouses in this title), and related nonresidential buildings from lessors classified in 531120. Tagged obligations sum to $677.0M on 1,399 awards. The figure is not rentable square feet and not a count of leases signed.

Other activities related to real estate (531390) is the residual services class. Residential property managers (531311) are a housing-side neighbor. Prefabricated metal building manufacturing (332311) makes buildings; it does not lease them. $677.0M follows the 531120 lessor tag. Packet facts are the dollar total and the 1,399 count.

1,399 awards and a lease-vehicle average

One thousand three hundred ninety-nine awards against $677.0M averages about $484,000 per action. That size fits multi-year occupancy vehicles better than a one-month holdover invoice. Modifications still increment 1,399, so the count is not unique landlords and not unique buildings.

A few large GSA-style occupancy contracts can dominate $677.0M. Amount sort on the industry hub shows that concentration against the rest of the 1,399 rows. Treat $484,000 as a divider, not a typical monthly rent.

Occupancy vehicles often run several years, which is why 1,399 awards can carry $677.0M without being a building census. Miniwarehouses are excluded by the NAICS title itself. Residential managers remain 531311. Rent already paid is an outlay question, not this obligation extract.

Lessors versus residual real-estate and builders

531120 lessors rent nonresidential buildings except miniwarehouses. 531390 is other real-estate activities. Building inspection (541350) is a professional service. Dual-role owners can be tagged as lessors on some awards and as residual real-estate vendors on others. $677.0M stays with 531120 on 1,399 tagged actions.

Cite the extract as $677.0M in USAspending contract obligations tagged to NAICS 531120, lessors of nonresidential buildings except miniwarehouses, on 1,399 awards. The packet has no fiscal year. Live tables can move; the harvested pair remains $677.0M and 1,399.

Lease obligations versus rent already paid

Occupancy contracts often obligate a term and pay on a rent schedule. $677.0M is committed value on 1,399 tagged actions, not every month already paid. Early terminations de-obligate. Outlays track payments separately.

Keep $677.0M attached to 531120 as tagged. This overlay does not merge residual real-estate, residential property-manager, or prefab-manufacturing dollars into the lessor cell. Read descriptions on the 1,399 rows where the hub allows.

Opening the lessor hub

The lessors of nonresidential buildings except miniwarehouses industry page lists the 1,399 awards behind $677.0M. The all-industries directory opens residual real-estate and construction codes without combining those totals here. Source: USAspending.gov contract awards.

Assistance without NAICS remains outside even when a grant funds similar facilities. Internal links on this file point only to the 531120 industry page and the all-industries directory.

Lessors collect occupancy dollars. They do not, in this NAICS, manufacture the building or inspect it. $677.0M on 1,399 awards is the 531120 tag for nonresidential buildings except miniwarehouses. Residual real-estate activities (531390) and prefab manufacturing (332311) stay outside. Square footage is not in the packet. Source: USAspending.gov.

Occupancy ledgers versus residual real-estate and builders

Leasing office or plant space is not inspecting it, not managing residential property, and not manufacturing a prefab building. $677.0M on 1,399 awards is the 531120 lessor tag for nonresidential buildings except miniwarehouses. Residual real-estate activities (531390), residential property managers (531311), building inspection (541350), and prefab manufacturing (332311) remain outside.

The about $484,000 average mixes multi-year occupancy vehicles and modifications. Amount sort on the lessors industry page shows concentration inside $677.0M. Square footage is not in the packet. 1,399 is not unique landlords.

Cite $677.0M in USAspending contract obligations tagged to NAICS 531120, lessors of nonresidential buildings except miniwarehouses, on 1,399 awards. Dollars are obligations, not outlays. Assistance awards may not carry NAICS. No fiscal year is in the packet. Internal links are the 531120 hub and the all-industries directory. Source: USAspending.gov.

Questions

How much federal contracting is coded to nonresidential lessors?

NAICS 531120 shows $677.0M in obligations on 1,399 USAspending contract awards. That is lessors of nonresidential buildings except miniwarehouses as tagged, not residual real-estate services. The unit is obligations, not outlays or square footage. Assistance awards may not carry NAICS, so grants remain outside the 1,399-award extract behind $677.0M.

Does 531120 include residential property managers?

No. Residential property managers are NAICS 531311. Other activities related to real estate are 531390. This page’s $677.0M is the 531120 nonresidential-lessor tag on 1,399 awards. Prefabricated metal building manufacturing (332311) is a factory code, not a lease.

Is $484,000 typical monthly rent?

No. Dividing $677.0M by 1,399 awards yields about $484,000 per action. That mixes multi-year occupancy vehicles and modifications. It is not unique landlords and not unique buildings. Sort the hub by amount to see whether a few large rows drive most of the tagged total.

Are facility grants included?

Usually not. Assistance awards may not carry NAICS, so they fall outside this 1,399-award contract extract. Use program pages for grants. This industry guide covers tagged contracts only: $677.0M obligated on 1,399 lessors of nonresidential buildings except miniwarehouses awards in USAspending. Outlays are a different field.