This week the House of Representatives passed H.R. 1734, known as the Civilian Property Realignment Act (CPRA), with voting carried by the Republican-led House, largely along party lines. The legislation describes its purpose as “To decrease the deficit by realigning, consolidating, selling, disposing, and improving the efficiency of Federal buildings and other civilian real property, and […]
GSAXCHANGE, the investment sales arm of Colliers Government Solutions, has published its Spring 2014 “Government-Leased Assets” report, which includes an overview of sales activity and trends in the federal sector. Driven by the lack of product…
If government agencies could make New Year’s resolutions, improving energy and water efficiency and saving taxpayer dollars would be good ones. And some of the support needed to keep up their resolve would come from a GSA program, Green Proving Ground (GPG). Through GPG, new and underutilized technologies are tested in federal facilities to analyze which […]
UPDATE: We updated this article the day after first publishing it in order to tune up our stats. The new graph (above) tracks the percentage of leases that have less than 3 years of remaining lease term as opposed to the number of leases that were executed for total terms of less than 3 years. We found that the latter […]
The Bannister Federal Complex, located at 1500 and 2000 E. Bannister Road in south Kansas City, Mo., 13 miles south of downtown, will be largely shut down within the next two years, according to a GSA…
(Photo: Orygun, Wikimedia) As we’ve reported in numerous postings throughout the past year (click on “BRAC” in the “Categories” to the right), the Base Closure and Realignment (BRAC) process has led to the closure of more than 350 military bases—and the movement of many military operations from one base to another—since 1988. Whether we’ll experience […]
Which federal agencies are authorized to lease property from the private sector? If you had asked that question of any federal official before last month, you might have drawn no more than an educated guess, if not an outright blank. Certainly there is the General Services Administration (GSA), which acts as a kind of super-landlord […]
The David W. Dyer Courthouse in Miami. An elegant building in the process of slow deterioration. (Photo: Carol M. Highsmith, courtesy of the Library of Congress) Continuing his examination of underperforming and vacant federal real estate, last Friday (March 8) Rep. John Mica (R-Fla.) held the first field hearing of the House Oversight and Government […]
On the second day of congressional hearings on the GSA Las Vegas Conference scandal, the House Committee on Transportation and Infrastructure’s Subcommittee on Economic Development, Public Buildings and Emergency Management, led by Committee Chairman John Mica…
At least three Washington, D.C., area counties have expressed interest housing a new $1.2 billion FBI headquarters complex and the nearly 12,000 jobs it will bring. On December 8, 2011, the Senate Committee on Environment and Public Works approved a resolution directing that the new headquarters facility meet the following qualifications. It must: Be located […]
“It’s really expensive to be poor.” This was the comment from Dr. Dorothy Robyn, the GSA’s Public Buildings Commissioner, at yesterday’s Federal Real Property Association conference in Washington, DC. How true! GSA’s inability to adequately fund improvements to its real estate assets is costing it money on both sides of the ledger–revenue and operating costs. […]
Rural post office slated for closure in Slayden, Tennessee (photo: WKRN-TV Nashville) A plan to close hundreds of postal facilities and eliminate overnight delivery of first-class mail would not save as much as the U.S. Postal Service (USPS) has projected—according, at least, to the Postal Regulatory Commission (PRC), which came to this conclusion in an […]
Ever wonder why each time you see a graph of GSA lease expirations, it seems like the expirations volume in the upcoming year is the largest ever? Well, there’s a logical, and unfortunate, reason for it: GSA has struggled to keep up with its leasing activity causing it to increasingly engage in short-term extensions and […]
Near the end of his Administration, on December 16, 2016, President Barack Obama made a Republican politician very happy. Jeff Denham, first elected to Congress from California’s 19th District and reelected three times from the redrawn…
