There are few investors of GSA-leased properties who have not engaged in hand-wringing over renewal rents, even when buying properties years in advance of the lease expiration date. Normally when presented with the question of whether the…
Author: Kurt Stout
Top 20 Office Markets
Colliers International issued this week its Top Office Metro Snapshot, the firm’s review of the 20 largest office markets in the U.S. The bad news for the federal government is that rents are now rising in…
Public Buildings Reform and Savings Act
On February 8th, Congressman Lou Barletta introduced a new bill (H.R. 4487) known as the Public Buildings Reform and Savings Act of 2016. Some aspects of the legislation relate to the Federal Protective Service and economic development…
Doing Dispositions FASTer
When ordinary citizens find themselves with too much stuff, they have a garage or yard sale—even call in a clutter consultant, which explains why organizing maven Marie Kondo is in such high demand these days. But…
Notable Transactions of 2015
Though the federal lease inventory continued to shrink in 2015, there was plenty of action, especially in the Washington, DC area where most of the big federal tenants reside. Here is a selection of the most notable transaction activity…
Five Ways the Federally Leased Property Market Might Grow Again
The following is an excerpt from a presentation I gave at the National Federal Development Association conference last month in Washington, D.C. The presentation covered three themes: 1) The size of the federally leased property market is small; 2) It is getting…
Continued White House Efforts at Clean Energy
President Barack Obama has just returned from a United Nations conference on global climate change in Paris, where he held forth for a program of legally binding agreements to reduce carbon emissions in the atmosphere. That…
The Federally Leased Property Market is Getting Smaller
The following is an excerpt from a presentation I gave at the National Federal Development Association conference earlier this month in Washington, D.C. The presentation covered three themes: 1) The size of the federally leased property market is small; 2) It…
The Federally Leased Property Market is Pretty Small
The following is an excerpt from a presentation I gave at the National Federal Development Association conference earlier this month in Washington, D.C. The presentation covered three themes: 1) The size of the federally leased property market is small; 2) It…
Reining in Lease Extensions: A New GAO Report Promises More Oversight on Federal Leases
The federal government spends too much money, and it doesn’t keep tabs on what it’s spending money on. That’s the constant complaint, especially from critics in an election cycle—but it’s also a refrain that’s coming from the…