The Colliers Government Solutions team represents owners of government-leased properties nationally. So, we travel a lot. This slideshow profiles my trip earlier this year to Corpus Christi, Texas. (Use arrow buttons to advance slides)
Author: Jarrett Morrell
New Cybersecurity Center Planned
The President’s 218-page FY 2015 federal budget request was released a week ago and it underscores the growing importance of cybersecurity. The word “cyber”, for example, appears 40 times in the budget. Collaboration is another major…
AAAP Leasing Program Expanded
We originally discussed the history and implementation of the Automated Advanced Acquisition Program (AAAP) last year here on this blog. Originally created for the purpose of consolidating and streamlining the leasing process for a large volume…
MetLife to Buy Constitution Center
As was recently reported in Real Estate Finance and Investment, MetLife is under contract to acquire Constitution Center for what could be the highest total price paid for a building in Washington, DC this year. David…
Highwoods Pares Its Government Leased Property Portfolio
Highwoods Properties, Inc. (NYSE: HIW) has announced that it has sold three government leased properties encompassing 553,000 square feet for $86.5 million or $156.42 PRSF. While the pricing may appear somewhat low on a PRSF basis,…
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…
Does GSA Ever Sign Leases Outside the CEA?
According to our research, the answer is very rarely. As of the December 2011 GSA lease inventory, there are a total of 339 GSA leases within the District of Columbia, totaling approximately 25.5 MSF. Of those,…
DCBIA Meeting Review
This morning the District of Columbia Building Industry Association (DCBIA) hosted its seminar entitled “GSA Downsizing – A Perfect Storm Looming”, consisting of a panel of government officials and private sector professionals. We were there and…