Near the end of his Administration, on December 16, 2016, President Barack Obama made a Republican politician very happy. Jeff Denham, first elected to Congress from California’s 19th District and reelected three times from the redrawn…
Tag: GSA leases
Will Foreign Ownership Receive Greater Scrutiny?
Last week the Government Accountability Office (GAO) publicly released its report titled GSA Should Inform Tenant Agencies When Leasing High-Security Space From Foreign Owners. The title pretty well summarizes the report’s conclusion – that GSA should determine if its…
Prospectus Approvals Will Drive Further Downsizing
The federal leased property inventory has been getting smaller since the end of 2012 and indications are that the trend will continue. One need only look at prospectus approvals to be certain of this because, while…
Spotlight: USAID
Since its heyday in the Kennedy Administration more than half a century ago, nonmilitary foreign aid has had detractors and defenders in roughly equal measure. On the con side, critics urge that money spent building power…
Spotlight: CFTC
Founded in 1974, the U.S. Commodity Futures Trading Commission (CFTC) is an independent agency charged with regulating the futures and options markets. As these markets have grown with the “financialization” of the economy, the scope and…
GSA Lease and Sales Market Trends
It is well-documented that since Freeze The Footprint began in 2012, the GSA and its tenant agencies have been actively pursuing consolidation and downsizing in order to meet these requirements. The question is – how has…
Is the 100-Year Floodplain Now Obsolete?
The water is rising. So scientists working with the National Oceanic and Atmospheric Administration (NOAA) recently reported. Regardless of one’s point of view about ultimate causes, they note that the eastern and southern coastlines of the…
Top Federal Property Owners (2016)
The federal property sector remains a small niche in the overall investment market, but it is also dynamic. Despite the fact that the overall federal real property inventory is shrinking, sales over the past 12 months…
Long-Term Leased Investment Properties Are Becoming More Scarce
It is a well-accepted fact that the federal leased space market is shrinking. This is troublesome, yet for investors the real question has been whether the shrinking inventory has also made investment opportunities more scarce. The answer, unfortunately,…
The Supreme Court and the Rule of Two
In mid-June of this year, the US Supreme Court issued a rare unanimous decision directed at the Department of Veterans Affairs—but that may affect all federal agencies in time as they engage with private contractors for…