In November 2013, I published a brief analysis looking at the cap rate trend for FBI field office sales tracked from the end of the Global Financial Collapse. FBI field offices are a good subject for this…
Category: Investment
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…
Top Federal Property Owners (2015 Edition)
Welcome to our third year tracking the largest property investors in the federal space. For those of you who have reviewed the 2013 and 2014 editions of our “top 10” list, you know that we limited…
Sales Market Insights – Mid-Year 2015
GSAXCHANGE, the investment sales arm of Colliers Government Solutions, has published its Mid-Year 2015 “Government-Leased Assets” report, which includes an overview of sales activity and trends in the federal sector. Some insights from this report: Cap rates…
Making Sense of Cap Rates for GSA Properties
One of the most important (and perplexing) concepts we run into on a daily basis in the GSA property marketplace is the concept of “cap rate.” The cap rate has long been used as a benchmark…
The Pareto Principle and Federal Property Investment
In 1906, Vilfredo Pareto observed that 80% of Italy’s land was owned by 20% of its population. Eventually this observation was memorialized as the Pareto Principle or, more commonly, and applied to describe many phenomena, such as where 80% of a…
Recently Closed Sales
If you are a GSA leased property owner, have you considered that now may be an excellent time to sell? Among other trends, we are noticing that GSA investors are pursuing acquisitions of shorter lease term…
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…
How to Tell the King Snakes from the Coral Snakes: Due Diligence Tips for GSA-Leased Property Investors
You’ve inspected the building and it appears sound. You’ve interviewed the tenants and they seem happy. You’ve toured the market and it triggers no alarms. You’ve done all of your normal due diligence, so you buy. Then, later, when…
Top GSA Property Owners (2014 Edition)
Last year we published our inaugural list of the ten largest owners of GSA-leased properties. In this article we chronicle the top 10 list again, along with a few new honorable mentions. The ranking looks a lot like last…