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 on longer-lease term assets continue to trend slightly downward, and cap rates on medium- and shorter-lease term assets drop as investors seek opportunities further down the lease term spectrum;
- Consolidation of leases, multi-agency occupancy, and relocation of leases to GSA-owned buildings continues to take place;
- GSA lease solicitation opportunities overall appear to be on the upswing, although the GSA’s occupancy of newly constructed buildings and solicitations for new lease-construct projects continue to decline;
- Ownership of GSA and other Federal Government-leased property is consolidating.
To read the full report click here.