01 / NAICS Market Profile
NAICS 531120 Lessors Of Nonresidential Buildings (Except Miniwarehouses) Federal Contracts
North American Industry Classification System code 531120
Federal contract activity classified under Lessors Of Nonresidential Buildings (Except Miniwarehouses) across FY 2019–FY 2025. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the NAICS 531120 federal market?
03 / Spending Trend
NAICS 531120 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.
Latest closed fiscal year$123.43M
FY 2025| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2019 | $172.29M | 2,025 | 629 | 83 | — |
| FY 2020 | $222.49M | 1,860 | 561 | 79 | +29.1% |
| FY 2021 | $150.40M | 1,883 | 499 | 69 | −32.4% |
| FY 2022 | $142.33M | 1,364 | 501 | 67 | −5.4% |
| FY 2023 | $160.53M | 1,235 | 475 | 71 | +12.8% |
| FY 2024 | $137.27M | 1,272 | 479 | 75 | −14.5% |
| FY 2025 | $123.43M | 1,159 | 458 | 70 | −10.1% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2019–FY 2025.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| NATIONAL INSTITUTES OF HEALTH | 7529 | $263.10M | 1,331 | 51 | 23.7% |
| DEPT OF THE NAVY | 1700 | $214.59M | 1,200 | 158 | 19.4% |
| DEPT OF THE AIR FORCE | 5700 | $141.24M | 725 | 105 | 12.7% |
| DEPT OF THE ARMY | 2100 | $106.51M | 749 | 160 | 9.6% |
| SMITHSONIAN INSTITUTION | 3300 | $86.95M | 56 | 14 | 7.8% |
| U.S. CUSTOMS AND BORDER PROTECTION | 7014 | $53.72M | 222 | 25 | 4.8% |
| MILLENNIUM CHALLENGE CORPORATION | 9543 | $35.75M | 17 | 2 | 3.2% |
| FOREST SERVICE | 12C2 | $29.09M | 453 | 91 | 2.6% |
| OFFICE OF THE ASSISTANT SECRETARY FOR ADMINISTRATION (ASA) | 7570 | $27.57M | 61 | 10 | 2.5% |
| INDIAN HEALTH SERVICE | 7527 | $21.21M | 43 | 12 | 1.9% |
05 / Contracting Offices
Which contracting offices buy in NAICS 531120?
Ranked by net obligations during FY 2019–FY 2025.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| NIH A E CONSTRUCTION | 75N990 | NATIONAL INSTITUTES OF HEALTH | $236.55M | 1,282 | 39 | 21.3% |
| NAVFACSYSCOM MID-ATLANTIC | N40085 | DEPT OF THE NAVY | $88.52M | 281 | 18 | 8.0% |
| OFFICE OF THE CHIEF FINANCIAL OFFICER | 333304 | SMITHSONIAN INSTITUTION | $85.99M | 16 | 5 | 7.8% |
| FA4819 325 CONS PKP | FA4819 | DEPT OF THE AIR FORCE | $62.71M | 129 | 7 | 5.7% |
| W074 ENDIST MOBILE | W91278 | DEPT OF THE ARMY | $59.02M | 107 | 10 | 5.3% |
| NAVFACSYSCOM WASHINGTON | N40080 | DEPT OF THE NAVY | $49.10M | 68 | 10 | 4.4% |
| MILLENNIUM CHALLENGE CORPORATION | 953324 | MILLENNIUM CHALLENGE CORPORATION | $35.75M | 17 | 2 | 3.2% |
| BORDER ENFORCEMENT CONTRACTING DIVISION | 70B03C | U.S. CUSTOMS AND BORDER PROTECTION | $27.86M | 45 | 2 | 2.5% |
| PROGRAM SUPPORT CENTER ACQ MGMT SVC | 75P001 | OFFICE OF THE ASSISTANT SECRETARY FOR ADMINISTRATION (ASA) | $27.57M | 59 | 8 | 2.5% |
| ADMINISTRATION FACILITIES TRAINING CONTRACTING DIVISION | 70B01C | U.S. CUSTOMS AND BORDER PROTECTION | $23.48M | 150 | 14 | 2.1% |
06 / Top Vendors
Which contractors lead the NAICS 531120 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| NIH BAYVIEW ACQUISITION, LLC | $104.46M | 145 | 1 | 9.4% | Jan 7, 2022 |
| MA-CHIS INTERNATIONAL SERVICES, INC. | $48.13M | 112 | 2 | 4.3% | Sep 30, 2025 |
| ACTIVE DEPLOYMENT SYSTEMS, INC. | $47.36M | 75 | 2 | 4.3% | May 5, 2025 |
| SMITHSONIAN INSTITUTION | $41.71M | 2 | 1 | 3.8% | Nov 8, 2024 |
| KOMAN SUSTAINABLE SOLUTIONS LLC | $37.83M | 16 | 2 | 3.4% | Sep 12, 2025 |
| FRANKLIN COURT INC | $35.54M | 14 | 1 | 3.2% | Nov 22, 2024 |
| GI TC MONTGOMERY LLC | $34.51M | 146 | 1 | 3.1% | Oct 19, 2021 |
| ENVIRONMENTAL CHEMICAL CORPORATION | $29.45M | 47 | 1 | 2.7% | Sep 17, 2025 |
| 5600 FISHERS LANE, LLC | $23.38M | 40 | 1 | 2.1% | Sep 11, 2025 |
| MIAMI WIIPICA, LLC | $23.03M | 33 | 1 | 2.1% | Apr 3, 2025 |
07 / Product and Service Mix
What products and services are purchased under NAICS 531120?
| PSC | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| X1AA | LEASE/RENTAL OF OFFICE BUILDINGS | $265.01M | 1,237 | 129 | 23.9% |
| X111 | LEASE/RENTAL OF OFFICE BUILDINGS | $225.92M | 866 | 53 | 20.4% |
| W054 | LEASE OR RENTAL OF EQUIPMENT- PREFABRICATED STRUCTURES AND SCAFFOLDING | $106.78M | 634 | 81 | 9.6% |
| X1AZ | LEASE/RENTAL OF OTHER ADMINISTRATIVE FACILITIES AND SERVICE BUILDINGS | $78.29M | 265 | 52 | 7.1% |
| X1LZ | LEASE/RENTAL OF PARKING FACILITIES | $49.14M | 169 | 27 | 4.4% |
| 5410 | PREFABRICATED AND PORTABLE BUILDINGS | $45.95M | 244 | 24 | 4.1% |
| X1JZ | LEASE/RENTAL OF MISCELLANEOUS BUILDINGS | $42.60M | 1,956 | 210 | 3.8% |
| X1AB | LEASE/RENTAL OF CONFERENCE SPACE AND FACILITIES | $42.54M | 1,534 | 382 | 3.8% |
| W023 | LEASE OR RENTAL OF EQUIPMENT- GROUND EFFECT VEHICLES, MOTOR VEHICLES, TRAILERS, AND CYCLES | $35.24M | 97 | 17 | 3.2% |
| W089 | LEASE OR RENTAL OF EQUIPMENT- SUBSISTENCE | $25.55M | 36 | 1 | 2.3% |
08 / Buying Pattern
How does the government buy in NAICS 531120?
| Common action type | Obligations | Actions |
|---|---|---|
| PURCHASE ORDER | $246.22M | 6,868 |
| DEFINITIVE CONTRACT | $600.33M | 2,399 |
| DELIVERY ORDER | $245.51M | 1,258 |
| BPA CALL | $16.69M | 273 |
09 / Recent Contract Awards
What was awarded most recently in NAICS 531120?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $1.11B market as addressable.