Earlier this month we reported that a dozen prospectus resolutions had been added to the House Transportation and Infrastructure Committee mark-up agenda – and then removed the day before the meeting. Their appearance tantalized us with…
Tag: Federal Leases
Spotlight: Bureau of Land Management
Which agency administers more public land than any other federal agency? Located within the U.S. Department of the Interior, the Bureau of Land Management (BLM) administers more than 245 million surface acres (approximately one eighth of…
GSA’s Inventory of Large Leases
This graphic is interactive, click here. (for Internet Explorer users, version 9 or above is required) Investors often ask us a variety of common questions about the market for GSA leases. They ask: “How many…
Coming Soon: Georgetown West Heating Plant for Sale
House Republicans once again have gone “on location” to highlight another underutilized/vacant/surplus federal property in an attempt to convince GSA to dispose of it. In yet another “Sitting on Our Assets” hearing, the House Committee on…
GSA Expands the CEA (but not far enough)
In response to an official request by Mayor Gray and effective May 23, 2012, GSA has expanded the District of Columbia’s Central Employment Area (CEA) to include the St. Elizabeths East Campus and the Capitol Riverfront…
Making Sense of the USPS’ Plan for Facility Closures
The fiscal woes of the U.S. Postal Service (USPS) have been widely documented, discussed and dissected in recent years. The most recent 10-K posted by the USPS notes that it has accumulated a net deficiency of…
GSA Reports That FTC Should Not Vacate HQ
House Transportation and Infrastructure Committee Chairman John Mica’s (R-Fla.) plan to transfer the Federal Trade Commission (FTC) headquarters building to the National Gallery of Art (NGA) suffered a blow this week, when GSA Acting Administrator Dan…
The Background on Mica vs FTC
Since 2005, House Transportation and Infrastructure Committee Chairman John Mica (R-Fla.) has been attempting to transfer the historic Apex Building from the FTC—which has been headquartered there since the building opened in 1938 —to the National Gallery…
Federal Spending vs. Inventory
Riddle: “What goes up and never comes down?” Answer: “Federal spending” Federal spending – especially if you measure it in constant dollars – hasn’t ALWAYS increased. But, let’s face it, it mostly has. As Washingtonians, we’ve…
Spotlight: SSA
Which federal agency operates the largest social insurance program in the world? The U.S. Social Security Administration (SSA) administers Social Security, the retirement, disability and survivors’ benefits that constitute more than 30% of all federal government…