Experienced GSA-leased property investors are quite familiar with the advantages and challenges associated with ownership of property leased to the GSA. However, new entrants to the investment sales market for single-tenant GSA-leased property often ask why…
Tag: Federal Leases
Spotlight: VHA
Among the revelations in the unfolding scandal over U.S. veterans’ health care is the sprawling size of the Veterans Health Administration (VHA). A vast component of the Department of Veterans Affairs (VA), the VHA runs the…
Spotlight: FCC
Protestors gathered on May 15 in front of the Federal Communications Commission’s (FCC) D.C. headquarters, hoisting banners demanding the commissioners “Save the Internet.” But the vote that day advanced a proposal fiercely opposed by many consumers…
Federal Trends in Northern Virginia
This is a reprint of an article written for Northern Virginia NAIOP in April. To view it as it appeared in print, click here. Northern Virginia houses to the second greatest concentration of federal government agencies…
Spotlight: National Park Service
Buildings may not be the first thing brought to mind when thinking about the National Park Service (NPS). From Maine’s Acadia National Park to Volcanoes National Park in Hawaii, NPS protects approximately 84.4 million acres of…
Many Winners in Federal Building Challenge
Competitors vie for neither lucrative NBA contracts nor sizable office bracket pools in GSA’s March Madness-style Federal Building Challenge. An annual competition between sustainable buildings around the country, the contest awards the winner only bragging rights…
Spotlight: OSHA
Workplace injuries resulted in 4,383 worker deaths in 2012, the second lowest total since the census began in 1992. The leading causes, known as the “fatal four,” were falling, being struck by an object, electrocution, and…
District of Columbia Expands Benchmarking
According to the U.S. Department of Energy, commercial buildings account for nearly 50% of all building energy use and about 20% of total energy consumption and greenhouse gas emissions nationwide. New York, Seattle, Boston, and a…
Trouble Ahead With DC Real Estate Taxes
In the 2015 tax year the District of Columbia will implement a new assessment method that will substantially increase real estate taxes for most office properties. This method relies on comparable sales instead of evaluating net…
Spotlight: CBER
The sprawling Food and Drug Administration (FDA) campus in Silver Spring, Maryland, will soon be welcoming another major regulatory component of the agency: the Center for Biologics Evaluation and Research (CBER). Beginning about May 1, moving vans…