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…
Tag: government lease
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…
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…
IBM Wins GSA Smart Building Technology Contract
Last Monday (May 21, 2012), GSA awarded IBM with a contract, worth up to $11.5 million, to develop and install advanced smart building technology systems in 50 of the federal government’s highest energy-consuming buildings. Part of…
The Building of the Pentagon
“I like it because nothing like it has ever been done that way before.” – Pres. Franklin D. Roosevelt commenting on the unique design of the planned War Department headquarters This “Sunday Edition” of our Memorial…
Defense-Related Spending Trend
Learn About Tableau It’s Memorial Day weekend and it happens to also be the first weekend of a new endeavor by our team to post a new article every single calendar day. So, while others frolic…
GSA’s Dwindling Lease Term
The government right now is, well, it’s in turmoil. That’s voiced as an opinion but it feels like actual, quantifiable fact. The United States is still fighting its way out of a deep and prolonged recession,…
GovSpeak: The “OA”
When a landlord leases space to the federal government, it is most often a U.S. General Services Administration (GSA) contracting officer who signs the lease for the United States of America. In fact, as of this…