One of the great frustrations landlords encounter with GSA is the Government’s frequent and seemingly reflexive insistence on termination rights. We conducted a quick analysis of 1,165 procurements conducted by GSA in the past 7 years…
All Articles
DARPA Has Begun Occupancy at Founders Square
The John Shooshan Company has completed the 13-story, 350,000 square foot home of the Defense Advanced Research Projects Agency (DARPA) at Founders Square, 675 N Randolph Street in Arlington, Virginia. DARPA reportedly signed its first rent commencement…
GovSpeak: “BRAC”
“BRAC” is the abbreviation for Base Realignment and Closure. Though, to be technically correct, it is formally used by DoD as the acronym for Base Closure and Realignment. Either way, BRAC is the process by which…
Spotlight: NOAA
The roots of the National Oceanic and Atmospheric Administration (NOAA) date back more than 200 years, to 1807, when the nation’s first scientific agency, the Survey of the Coast (later known as the U.S. Coast and…
BRAC is Back?
The last round of Base Closure and Realignment (BRAC) was announced in 2005 and completed officially last year. In a press conference today, Secretary of Defense Leon Panetta announced that DoD is planning for another BRAC…
Long-Term, GSA-Leased Investment Opportunities Are Limited
The investment market for GSA-leased properties has become progressively robust as investors seek to place capital in long-term leased, stable assets. To the degree that these can be bought with 10+ years remaining (and a properly…
More Downsizing Indicators
As further evidence that the federal government has begun the process of downsizing, a number of federal agencies have recently made —or will soon make—voluntary buyout and early retirement offers to employees. More than a dozen…
Spotlight: FBI
The Federal Bureau of Investigation (FBI), the principal investigative arm of the U.S. Department of Justice, serves as both a federal criminal investigative body and an internal intelligence agency. It was established in 1908 as an…
National Capital Area Counties Vie for New FBI HQ
At least three Washington, D.C., area counties have expressed interest housing a new $1.2 billion FBI headquarters complex and the nearly 12,000 jobs it will bring. On December 8, 2011, the Senate Committee on Environment and…
GSA’s Space Reduction Plan
On Federal News Radio this past Friday, Elaine Clancy, GSA’s Director of Leasing, was interviewed regarding GSA’s efforts at space reduction and consolidation and her answers underscored a broader theme growing ever louder at GSA: the…