From Quincy, Florida, to Ketchikan, Alaska, field offices of the Social Security Administration (SSA) are being shuttered. Since 2010, 64 field offices have closed around the country, the largest number in the agency’s 79-year history. In…
Tag: government lease
Energy Savings Performance Contracts Leverage Scarce Federal Dollars
The GSA reinforced its role as a key partner in achieving President Obama’s greenhouse gas and energy efficiency goals in an announcement on June 11 in Lanham, Maryland. Agency Administrator Dan Tangherlini revealed a major Energy…
AAAP Program Expanded Even Further (It’s Time to Get on Board!)
The U.S. General Services Administration (GSA), which leases office space on behalf of most federal agencies, has begun using a streamlined lease acquisition program in several markets across the nation and will continue to expand into…
Single-Tenant GSA-Leased Property Sales
While tracking sales of single-tenant GSA-leased properties over the last several years, we’ve noticed some interesting trends which won’t come as a surprise to experienced GSA investors, but may be of interest to new entrants to…
Spotlight: TSA
Traveling as much as we do to represent national owners of government-leased properties, it’s inevitable that one of the federal agencies we encounter most is the Transportation Security Administration (TSA). The agency’s current procurement for a long term lease…
GSA-Leased Properties: Why Invest?
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…
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…