Colliers today released its Q1 report profiling the North America industrial market. It demonstrates that the overall outlook is bullish for manufacturing, intermodal transportation, port activity, and thus for industrial real estate. The increase in specialized manufacturing…
Author: Kurt Stout
GSA Reports That FTC Should Not Vacate HQ
House Transportation and Infrastructure Committee Chairman John Mica’s (R-Fla.) plan to transfer the Federal Trade Commission (FTC) headquarters building to the National Gallery of Art (NGA) suffered a blow this week, when GSA Acting Administrator Dan…
The Background on Mica vs FTC
Since 2005, House Transportation and Infrastructure Committee Chairman John Mica (R-Fla.) has been attempting to transfer the historic Apex Building from the FTC—which has been headquartered there since the building opened in 1938 —to the National Gallery…
Federal Spending vs. Inventory
Riddle: “What goes up and never comes down?” Answer: “Federal spending” Federal spending – especially if you measure it in constant dollars – hasn’t ALWAYS increased. But, let’s face it, it mostly has. As Washingtonians, we’ve…
The Long Wait Continues
“Clowns to the left of me, Jokers to the right, here I am, Stuck in the middle with you.” Once you get a song in your head it’s hard to get it back out. These Stealers Wheel…
GSA’s “Carbon Neutral by 2030” Goal
The Energy Independence and Security Act of 2007 (EISA) established new energy-related requirements and standards for federal buildings and for the agencies that oversee them. Specifically, it required GSA to establish an Office of Federal High-Performance Green…
Our 100th Blog Post!
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…
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…
Excess Properties for Sale!
As we reported yesterday, the federal government—the biggest property owner in the United States—is now in the process of disposing of billions of dollars worth of properties that it no longer needs. While the disposal process is…