On January 8th, as anticipated at the close of the 113th Congress, the House of Representatives and Senate voted overwhelmingly to reauthorize the Terrorism Risk Insurance Act (TRIA). In one of the first pieces of legislative…
Author: Kurt Stout
Common Lease Expiration Dates
Did you sense a mild “thump” today? A slight disturbance in The Force? Today, December 31st, more GSA leases expire than any other day of the year. It got me thinking why that is, and whether there is any…
2015: The Year of Rising Interest Rates?
Over the last few months, many economists have been arguing that the U.S. economy has stabilized overall to the point that it would benefit from a hike in interest rates, allowing creditors to earn more while…
Net Demand Has Peaked (at least for now)
You may have to squint to see it in the graph above but the federal lease inventory controlled by GSA has declined by a little more than a million square feet over the past year. This should be…
Insuring Against Terrorism: With a Senator’s Parting Shot, a Bill Is Blocked
As of December 31, 2014, U.S. insurance companies will no long provide coverage against acts of terrorism, and neither will the U.S. government back them in doing so. Those are the likely immediate effects of Congress’s…
Consolidations, Closings, and the US Postal Service
This is not a good time to consider embarking on a career as a letter carrier‚ especially not for someone living in a small town where not much mail comes down the chute. Neither is it…
Another Big Reason for the Pile-Up
https://public.tableau.com/views/LeaseExpirationsTrend2000-2014/Dashboard3?:embed=y&:display_count=yes (The graph above is interactive, pull the slider located above the column chart) We have published a few articles on this blog about the stunning pile-up of lease expirations in GSA’s national lease inventory and the…
Colliers Releases Its Q3 2014 North American Office Report
Colliers International has just released its 3Q 2014 North America Office report. It notes that office demand is improving and the United States is on pace this year to create the most jobs since 1999. Further, office-using employment growth, at…
Federal Warehouses: Assets in Need of Better Management
Ninety million square feet. That’s about three times the size of Manhattan’s Central Park. According to a new report to Congress from the US Government Accountability Office, that’s also the amount of warehouse space the federal…
The Positive Result of the Mid-Term Election
In last week’s election, the Republicans won majority control of the Senate and further solidified their control of the House of Representatives. This means that the Republicans will lead the 114th Congress when it convenes next year. Is this event…