The historic Apex Building is the object of the power struggle between Rep. Mica and the FTC Since 2005, House Transportation and Infrastructure Committee Chairman John Mica (R-Fla.) has been attempting to transfer the historic Apex Building from the FTC—which has been headquartered there since the building opened in 1938 —to the National Gallery of Art […]
This is the age of Big Data. Given the flood of information, it is also the age of the big data center. Most of us don’t think much about these out-of-sight, out-of-mind hives of humming computers, but they are central to the modern wired economy, and they eat up energy in proportion to their importance—an […]
GSAXCHANGE, the investment sales arm of Colliers Government Solutions, has published its Fall 2013 “Government Market Insight” report, which includes an overview of sales activity and trends in the federal sector. Despite the dire headlines and…
One of the primary issues federal agencies must address when leasing space is budget scoring. “Scoring” (as the term is routinely used in federal leasing) is the process by which the government determines if it is entering into an operating lease or a capital lease. The implications of this scoring process are considerable: Operating leases […]
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,…
SOM rendering of the new L.A. courthouse (source: GSA) Downtown Los Angeles is one step closer to getting a new federal courthouse. Earlier this month (Dec. 10), GSA awarded a $318 million design-build contract for the project to Skidmore, Owings & Merrill (SOM) and Clark Construction Group. The 550,000-square-foot shimmering white cube—to be built on […]
Which federal agency’s headquarters received a 2012 Award of Excellence in Architecture from AIA DC (the Washington chapter of the American Institute of Architects)? Skidmore, Owings & Merrill won the award for its design of the Suitland, Md., headquarters of the U.S. Bureau of the Census (also referred to as the Census Bureau), a LEED […]
Photo: GSA Child Care Desk Guide The title of a new report by the US General Services Administration (GSA), issued on January 30, 2020, speaks volumes: “Child Care Centers in GSA-Controlled Buildings Have Significant Security Vulnerabilities.” The 30-page report that follows, drawing on audits conducted between September 2017 and August 2018, is heavily redacted. However, […]
“Man Controlling Trade” sculpture outside FTC headquarters building Two Art Deco sculptures adorn the Federal Trade Commission (FTC) headquarters at Constitution and Pennsylvania avenues, depicting muscular men wrestling rebellious stallions and symbolizing government’s role in controlling trade. But a contentious hearing on December 3rd of the House Subcommittee on Government Operations suggests another interpretation: the […]
On Federal News Radio this past Friday, Elaine Clancy, GSA’s Director of Leasing, was interviewed regarding GSA’s efforts at space reduction and consolidation and her answers underscored a broader theme growing ever louder at GSA: the…
200 Third Street, one of several buildings the Bureau of Public Debt occupies in Parkersburg, WV As we reported in two recent Spotlight pieces, President Obama’s FY 2013 budget proposes consolidating two U.S. Department of the Treasury bureaus—the Bureau of the Public Debt (BPD) and the Financial Management Service (FMS)—into a single organization with a budget […]
View Larger Map As we noted in the previous post, GSA has begun setting the stage for the construction of a massive new FBI headquarters complex somewhere in the National Capital Region. Exactly where that complex will be located is the subject of much speculation, and while a number of jurisdictions are vying to attract […]
There are more than 5,000 distinct owners of GSA-leased properties in the United States but the ten listed above stand apart because, together, their properties house 15% of the entire GSA lease inventory. (GSA, take note: these are your most important landlord customers.) Some notes regarding this list: We have ranked owners by square footage […]
