Senators Joe Lieberman (I-CT), Tom Carper (D-DE), Susan Collins (R-ME) and Scott Brown (R-MA) at press conference announcing postal reform plan (Photo: Charles Dharapak/Associated Press) In a 62–37 vote late last month (April 25), the Senate approved the 21st Century Postal Service Act (S. 1789), a bipartisan bill that promises financial relief for the U.S. Postal Service […]
It’s that time of year. Market reports are published, conferences held and presentations delivered. We are all talking about the market: “What happened last year?” and “What can we forecast for this next year and beyond?” Unfortunately, some of the answers can be misleading. Here are three stats that are often cited in fundamentally incorrect ways: […]
Fifty years ago today, President John F. Kennedy was assassinated. In remembrance of this somber occasion, President Obama recently issued a proclamation naming this past Friday a Day of Remembrance and directing the flag to be flown at half-staff*. Thousands of buildings and residences across the United States dutifully recognized this presidential proclamation and displayed […]
The federal government’s selection of a green building certification system for the next five years has become a controversial issue, with no clear resolution in sight. The Energy Independence and Security Act of 2007 (EISA) requires GSA to evaluate green building certification systems every five years, in order to identify one that is “deem[ed] to be […]
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…
The American Recovery and Reinvestment Act (ARRA), signed by President Obama on February 13, 2009, called for major new construction and the energy-efficient modernization of federal office buildings, courthouses and land ports across the country. This article—which…
National Science Foundation’s Headquarters at 4201 Wilson Blvd, Arlington, VA Watching the National Science Foundation shuffle in the starting blocks, most of the Northern Virginia real estate community has expressed certainty that, especially in this budget environment, NSF is unlikely to be moving from its present location in Ballston. The one-time costs to relocate and […]
Which agency is the second-largest investigative agency in the federal government? Created on March 1, 2003, through a merger of the investigative and interior enforcement elements of the U.S. Customs Service and the Immigration and Naturalization Service (INS), U.S. Immigration and Customs Enforcement (ICE) is second only to the FBI, with more than 20,000 employees […]
Earlier this week (Wednesday, February 20), GSA rededicated the 95-year-old, 41,562-square-foot Wayne N. Aspinall Federal Building and U.S. Courthouse in Grand Junction, Colo., after 23 months of construction that addressed the dual challenges of historic preservation…
In last week’s election, the Republicans won majority control of the Senate and further solidified their control of the House of Representatives. This means that the Republicans will lead the 114th Congress when it convenes next year. Is this event positive for federal property investors? The answer is a resounding yes, but not necessarily for any ideological reason. It is simply […]
The American Recovery and Reinvestment Act (ARRA), signed by President Obama on February 13, 2009, called for major new construction and the energy-efficient modernization of federal office buildings, courthouses and land ports across the country. This article—which profiles the Denver Federal Center Solar Campus—is the second in a series in which we examine some of the […]
The Energy Independence and Security Act of 2007 (EISA) established new energy-related requirements and standards for federal buildings and for the agencies that oversee them. Specifically, it required GSA to establish an Office of Federal High-Performance Green Buildings to coordinate green building information and activities within GSA and with other federal agencies. Since then, GSA has […]
In his recent address on climate change at Georgetown University, President Obama announced a new series of federal requirements for energy efficiency. Among them are rules published by the Department of Energy (DOE) requiring new federal buildings to meet or exceed more ambitious energy standards. On July 9 in the Federal Register, the DOE updated the […]
