The newest federal lease: Bush office

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When President Bush leaves the White House on Jan. 20, he’ll have some comfortable digs to work out of in Dallas.

The General Services Administration has secured 8,000 square feet of office space at Sherry Lane Place, a highrise office building in downtown Dallas, for the soon-to-be former presisdent, GSA said yesterday afternoon in a press release. The 10-year lease will cost taxpayers $311,600 annually — that’s $38.95 per square foot, more than twice the average Dallas office rent, according to this Bloomberg report.

The size and cost of Bush’s new office space is in keeping with the space secured for former President Clinton in New York City’s Harlem neighborhood.

GSA said Bush’s office will be move-in ready this summer. Until then, Bush will be able to set up shop nearby at The Berkshire at Preston Center. GSA signed a short-term lease for 5,328 square feet of space in the building, at an annual rate of nearly $185,000.

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