Despite a recent sharp decline in overall lease inventory, the number of long-term GSA-leased assets has come roaring back, nearly exceeding the peak of 222 achieved at the start of 2013. We examined the early stages…
Category: Investment
2021 Investor Sentiment Survey Results
Colliers recently released its U.S. 2021 Investor Sentiment Survey Results, an annual look at the mood of the investor community at the start of the New Year. Not surprisingly, more than half of all investors surveyed…
Long-Term Leased Assets Now More Plentiful, Yet Older
From its peak in 2013, the number of long-term GSA-leased properties declined steadily for four years before stabilizing. But only in the past year has that portion of the property inventory started to recover. This trend…
SIOR Conference Presentation
Last week the Society of Industrial and Office Realtors (SIOR) held its Spring World Conference in Washington, DC. I was fortunate to be asked to participate in a panel discussion entitled “Federal Real Estate Opportunities” alongside,…
Long-Term GSA-Leased Properties Are Stabilizing
The predominant federal leasing trend since the Great Recession is that the GSA-leased space inventory is shrinking. Though this overall inventory reduction has been occurring at a relatively moderate pace, the number of long-term leased properties…
Will Foreign Ownership Receive Greater Scrutiny?
Last week the Government Accountability Office (GAO) publicly released its report titled GSA Should Inform Tenant Agencies When Leasing High-Security Space From Foreign Owners. The title pretty well summarizes the report’s conclusion – that GSA should determine if its…
GSA Lease and Sales Market Trends
It is well-documented that since Freeze The Footprint began in 2012, the GSA and its tenant agencies have been actively pursuing consolidation and downsizing in order to meet these requirements. The question is – how has…
Top Federal Property Owners (2016)
The federal property sector remains a small niche in the overall investment market, but it is also dynamic. Despite the fact that the overall federal real property inventory is shrinking, sales over the past 12 months…
Long-Term Leased Investment Properties Are Becoming More Scarce
It is a well-accepted fact that the federal leased space market is shrinking. This is troublesome, yet for investors the real question has been whether the shrinking inventory has also made investment opportunities more scarce. The answer, unfortunately,…
Sales Market Insights – Year-End 2015
Attached is our review of last year’s federally leased property sales activity. Highlights from this report include: • Consolidation of leases, multi-agency occupancy, and relocation of leases to GSA-owned buildings continues to take place; • From…