“Clowns to the left of me, Jokers to the right, here I am, Stuck in the middle with you.” Once you get a song in your head it’s hard to get it back out. These Stealers Wheel…
Tag: Capitol Markets
GSA’s “Carbon Neutral by 2030” Goal
The Energy Independence and Security Act of 2007 (EISA) established new energy-related requirements and standards for federal buildings and for the agencies that oversee them. Specifically, it required GSA to establish an Office of Federal High-Performance Green…
Spotlight: U.S. Department of State
Which federal agency’s mission is to “Advance freedom for the benefit of the American people and the international community by helping to build and sustain a more democratic, secure, and prosperous world composed of well-governed states…
Our 100th Blog Post!
The decision to start writing a blog is a bit like dipping your toe in the water, knowing it’s cold yet forcing yourself to jump in anyway. As it turns out, it’s not so bad once…
Grim Outlook for Federal Tenants in Washington, DC’s Downtown
GSA’s lease selection process has made it a perpetual pioneer – pushing it to the fringe submarkets where office space is more generally available in abundant cheap supply. In the early 1990s the “fringe” was the East…
The Longer the Term, The Higher the Rent (That Doesn’t Make Sense, Does It?)
Powered by Tableau A while back we studied the national lease expirations trend and we were interested to see how the volume of expirations tends to “step” down about every five years. The big step occurs…
Your Stimulus Dollars at Work: The Edith Green–Wendell Wyatt Federal Building
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…
Excess Properties for Sale!
As we reported yesterday, the federal government—the biggest property owner in the United States—is now in the process of disposing of billions of dollars worth of properties that it no longer needs. While the disposal process is…
Federal Real Estate Sales on Track
The Office of Management and Budget (OMB) announced today that the Obama administration is on track to meet or exceed two major real estate–related goals. In June 2010, President Obama directed agencies to eliminate billions of…
GovSpeak: “Davis-Bacon”
In the course of executing large construction transactions we often refer to “Davis-Bacon”. The Davis-Bacon Act, which was passed by Congress and signed into law by President Herbert Hoover on March 3, 1931, requires private contractors…