Highwoods Properties, Inc. (NYSE: HIW) has announced that it has sold three government leased properties encompassing 553,000 square feet for $86.5 million or $156.42 PRSF. While the pricing may appear somewhat low on a PRSF basis,…
Tag: Capitol Markets
Spotlight: USCIS
Which federal agency has been part of five different departments? The U.S. Citizenship and Immigration Services (USCIS) began in 1891 as the Office of Superintendent of Immigration in the Treasury Department. In 1903, the by-then renamed…
GSA Regional Energy Monitoring System Nears Completion
GSA is on track to complete a two-year, $39 million project to link the building systems at 39 of its high-energy-use buildings in Arkansas, Louisiana, New Mexico and Texas on schedule in October, Federal Times reported…
Your Stimulus Dollars at Work: Bishop Henry Whipple Federal Building
The Bishop Henry Whipple Federal Building is a seven-story, 617,600-square-foot structure in Fort Snelling, Minnesota, near the Minneapolis–St. Paul International Airport. Designed by Cerny Associates in the austere modernist style popular in the 1960s and completed…
Will Sequestration = 2.14 Million Lost Jobs?
As the threat of sequestration looms ever larger, the results of a new study released this week (on Tuesday, July 17) by the Aerospace Industries Association (AIA) indicate that more than 2.14 million U.S. jobs—including about…
Southwest DC Ecodistrict Planned
The National Capital Planning Commission (NCPC) has big plans for the smallest of the District of Columbia’s four quadrants. A preliminary plan released last week (July 12) for a 110-acre, 15-block section of Southwest Washington that is…
Looking Back on BRAC: Fort Belvoir, Springfield, Virginia
As we’ve reported in numerous postings throughout the past year (click on “BRAC” in the “Categories” to the right), the Base Closure and Realignment (BRAC) process has led to the closure of more than 350 military…
Your Stimulus Dollars at Work: U.S. Courthouse, Bakersfield, California
The American Recovery and Reinvestment Act (ARRA) signed by President Obama in 2009 called for major new construction and the energy-efficient modernization of federal office buildings, courthouses and land ports across the country. This is the…
Spotlight: CNCS
Which federal agency was formed “to engage Americans of all ages and backgrounds in service to meet community needs”? The Corporation for National and Community Service (CNCS) engages more than 5 million Americans in service through…
Your Stimulus Dollars at Work: Federal Center South
The American Recovery and Reinvestment Act (ARRA), signed by President Obama on February 13, 2009, called for major new construction and the energy-efficient modernization of federal office buildings, courthouses and land ports across the country. This is…