Federal offices remain closed or short-staffed for the shutdown, but eventually copiers will hum and coffee will perk again. While imagining that future, it’s also possible to wonder how the federal workplace will look in the…
Author: Kurt Stout
GSA in Shutdown Mode
An eerie quiet has descended over much of the 354 million square feet of real estate owned and leased by the General Services Administration (GSA). Facilities around the U.S. and its territories emptied on October 1…
Shutdown FAQ
**UPDATE: Since the 2013 Shutdown, GSA has issued a new policy determination that allows for the agency to continue operating and making payments from the Federal Buildings Fund. In the event of a prolonged shutdown, GSA would…
Three Good Reasons to Appeal Your Real Estate Taxes
A unique feature of GSA leases is that when lessors reduce their operating costs, GSA does not receive the benefit, because the government pays for operating cost adjustments based upon the change in CPI–not actual cost changes. Yet,…
GovSpeak: EISA
The Energy Independence and Security Act of 2007 (EISA) (we pronounce it “Eee-sa”) is sometimes called the light bulb bill for phasing out most incandescents. It has been called “the most sweeping energy efficiency legislation in…
Greetings From Los Angeles
The Colliers Government Solutions team represents owners of government-leased properties nationally. So, we travel a lot. This slideshow profiles my recent trip to Los Angeles, California. (Use arrow buttons to advance slides)
GSA’s Budget Woes: Part 2 (Where’s the Money to Pay the Rent?)
As discussed in Part 1 of this two-part series on GSA’s budget problems, Congress has screwed down the appropriations spigot, nearly shutting it off completely. That article showed how congressional appropriations for GSA’s Construction & Alterations…
1301 New York Avenue Purchased For $135 Million
Nakash Holdings (the investment arm of Jordache Enterprises) purchased 1301 New York Avenue from Boston Properties on August 22nd. The 201,281 RSF office building is entirely occupied by the Department of Justice (DOJ) under a GSA…
Gensler Survey Shows Shrinking Office Spaces Need Balance
Efforts to shrink federal and private sector real estate footprints are changing the workplace. Sharing non-dedicated spaces and adopting technologies that allow work anywhere, any time have been expected to improve employee productivity even as square…
Office-using employment is 93% recovered. So why the slow absorption?
The following post was written by Andrea Cross, Colliers’ National Office Research Manager | USA. Despite a slow recovery in the office market, growth in office-using employment has outpaced overall employment growth during the last few…