Industries › NAICS 531120
Industry · NAICS 531120 · sector 53 Real estate and rental and leasing
Lessors of Nonresidential Buildings (except Miniwarehouses)
Federal contract obligations classified under NAICS 531120, the organisations that win them and the agencies that award them.
USAspending caveat. Figures are obligations reported by federal agencies to USAspending.gov, not payments. In USAspending's words: "An outlay occurs when federal money is actually paid out, not just promised to be paid ('obligated')." "Every agency has a Senior Accountable Official who must officially certify that the quarterly financial data submitted by their agency is accurate and complete." "If there are any discrepancies in procurement data, FPDS is the authoritative source." Contract data for the Department of Defense and the U.S. Army Corps of Engineers is published with a 90-day delay. Data loaded 30 Sep 2026.
Federal agencies obligated $64M in contracts classified under NAICS 531120, Lessors of Nonresidential Buildings (except Miniwarehouses), in FY2026, and $486M over the five fiscal years since FY2023; the industry ranks 262 of 526 on this site.
Obligations were down 48% on FY2025 ($123M), with $0 so far in FY2027.
The largest recipient organisations over FY2022–FY2025 were Ma-Chis International Services, Inc. ($42M), Smithsonian Institution ($42M) and Koman Sustainable Solutions, LLC ($38M).
By place of performance, the most money went to DC, OK and ME.
Contract obligations by fiscal year
Compared with the largest industry FY2026
| Measure | This industry | Aircraft Manufacturing | All contracts |
|---|---|---|---|
| Contract obligations, FY2026 | $64M | $45B | $716B |
| Five-year total | $486M | $211B | $3.0T |
| Share of all contract obligations, five years | 0% | 7.1% | 100% |
Top contractors obligations, FY2022–FY2025
| # | Organisation | Obligations |
|---|---|---|
| 1 | Ma-Chis International Services, Inc. | $42M |
| 2 | Smithsonian Institution | $42M |
| 3 | Koman Sustainable Solutions, LLC | $38M |
| 4 | Active Deployment Systems, LLC | $25M |
| 5 | Trizec Holdings Inc | $23M |
| 6 | Natuv Inc. | $21M |
| 7 | Franklin Court Inc | $19M |
| 8 | Smithsonian Institution | $18M |
| 9 | 5600 Fishers Lane LLC | $15M |
| 10 | Environmental Chemical Corporation | $15M |
| 11 | Usgbf Nci, LLC | $14M |
| 12 | CWK Operator SP. Z O.o. | $12M |
| 13 | Creative IT Solutions LLC | $11M |
| 14 | Reasor Building Group LLC | $9.5M |
| 15 | Kwikspace Guam Inc | $9.2M |
| 16 | Miami Wiipica, LLC | $9.2M |
| 17 | Hines GS Properties LLC | $8.0M |
| 18 | Dominion Federal Corporation | $7.7M |
| 19 | Integrated Modular Solutions, LLC | $7.0M |
| 20 | Swan Contracting LLC | $6.8M |
| 21 | All Saints Episcopal School | $6.7M |
| 22 | Aaa Mobile Basecamp, LLC | $6.6M |
| 23 | Aktio Corporation | $6.4M |
| 24 | Vesta Housing Solutions, LLC | $6.1M |
| 25 | NIH Bayview Acquisition LLC | $6.0M |
$3.9M among the top 40 went to recipients not shown.
Buying agencies $1.0M+ awards
Where the work is performed
Largest awards since FY2023
| Recipient | Awarding agency | Type | Award value | Begun | Place | Record |
|---|---|---|---|---|---|---|
| Franklin Court Inc | Millennium Challenge Corporation | ContractDefinitive Contract | $24M | 4 Nov 2024 | DC | USAspending |
| Smithsonian Institution | Smithsonian Institution | ContractPurchase Order | $21M | 17 Oct 2023 | DC | USAspending |
| Smithsonian Institution | Smithsonian Institution | ContractPurchase Order | $21M | 8 Nov 2024 | DC | USAspending |
| Smithsonian Institution | Smithsonian Institution | ContractPurchase Order | $18M | 24 Oct 2022 | DC | USAspending |
| Usgbf Nci, LLC | Department of Health and Human ServicesNational Institutes of Health | ContractDefinitive Contract | $15M | 31 Jan 2023 | MD | USAspending |
| Koman Sustainable Solutions, LLC | Department of DefenseDepartment of the Navy | ContractDelivery Order | $15M | 28 Aug 2023 | MD | USAspending |
| Koman Sustainable Solutions, LLC | Department of DefenseDepartment of the Navy | ContractDelivery Order | $13M | 24 Aug 2023 | MD | USAspending |
| Active Deployment Systems, LLC | Department of Homeland SecurityU.S. Customs and Border Protection | ContractDelivery Order | $9.6M | 22 Dec 2022 | CA | USAspending |
| Hines GS Properties LLC | Department of Health and Human ServicesNational Institutes of Health | ContractDefinitive Contract | $8.4M | 21 Nov 2023 | DC | USAspending |
| Trizec Holdings Inc | Smithsonian Institution | ContractDelivery Order | $8.1M | 21 Oct 2022 | DC | USAspending |
Other industries in sector 53: Real estate and rental and leasing
- 532490 Other Commercial and Industrial Machinery and Equipment Rental and Leasing $640M
- 531390 Other Activities Related to Real Estate $634M
- 531311 Residential Property Managers $550M
- 532111 Passenger Car Rental $500M
- 532411 Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing $491M
- 532420 Office Machinery and Equipment Rental and Leasing $387M
- 532112 Passenger Car Leasing $333M
- 532283 Home Health Equipment Rental $302M
- 532412 Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing $298M
- 531110 Lessors of Residential Buildings and Dwellings $220M
- 532120 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing $220M
- 532289 All Other Consumer Goods Rental $118M
- 531320 Offices of Real Estate Appraisers $105M
- 531210 Offices of Real Estate Agents and Brokers $98M
Questions and answers
How much does the federal government spend on NAICS 531120?
$64M in contract obligations classified under Lessors of Nonresidential Buildings (except Miniwarehouses) in FY2026, $486M over the five fiscal years since FY2023. Obligations are commitments, not payments.
Who are the top contractors in Lessors of Nonresidential Buildings (except Miniwarehouses)?
Ma-Chis International Services, Inc. ($42M), Smithsonian Institution ($42M), Koman Sustainable Solutions, LLC ($38M), Active Deployment Systems, LLC ($25M), Trizec Holdings Inc ($23M), by contract obligations over FY2022–FY2025.
Which agencies buy in this industry?
By the value of $1.0M-plus contracts since FY2023: Department of Defense ($87M), Smithsonian Institution ($85M), Millennium Challenge Corporation ($24M), Department of Health and Human Services ($23M), Department of Homeland Security ($18M).
What is a NAICS code?
In USAspending's words: "NAICS stands for the North American Industrial Classification System. This 6-digit code tells you what industry the work falls into. Each contract record has a NAICS code." Assistance awards (grants, loans, direct payments) carry no NAICS code and are not counted here.
Provenance
Source: USAspending.gov API v2, spending by category (NAICS) by fiscal year, recipient cross-tabulation for FY2022–FY2025 and award search, loaded 30 Sep 2026. State figures come from each state's top-100 NAICS list, so small amounts in a state may be missing. See methodology.