As the ball drops on New Year’s Eve, uncertainty will surely rise over the impending expiration of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA). Under the program, the federal government caps losses faced by insurers…
As of December 31, 2014, U.S. insurance companies will no long provide coverage against acts of terrorism, and neither will the U.S. government back them in doing so. Those are the likely immediate effects of Congress’s…
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…
The Bishop Henry Whipple Federal Building is a seven-story, 617,600-square-foot structure in Fort Snelling, Minnesota, near the Minneapolis–St. Paul International Airport. Designed by Cerny Associates in the austere modernist style popular in the 1960s and completed…
As we reported last July, the National Capital Planning Commission (NCPC) has big plans for the almost 110-acre, 15-block section of Southwest Washington, D.C., that is home to the Departments of Energy, Education, and Housing and…
The U.S. General Services Administration (GSA), which leases office space on behalf of most federal agencies, has begun using a streamlined lease acquisition program in several markets across the nation and will continue to expand into…
Despite increasing congressional pressure to improve the number of long, firm-term leases, GSA and its tenant agencies have proven that they are not yet serious about weaning themselves from their addiction to termination rights. As measured from the leasing peak…
It is well-documented that since Freeze The Footprint began in 2012, the GSA and its tenant agencies have been actively pursuing consolidation and downsizing in order to meet these requirements. The question is – how has…
With more than 56,000 employees—including about 5,700 new jobs that have resulted from BRAC-related movements—Fort George G. Meade is the largest employer in Maryland, the fifth-largest employment center in the state, and has the third-largest workforce…
Since groundbreaking in 2009, 160,000 truckloads of earth have been excavated, 250,000 cubic yards of concrete have been poured and 40 miles of plumbing pipes have been installed in Southeast D.C., all in preparation for a…
Thanks to extensive media coverage, both positive and negative, and to countless spy novels and movies, the Central Intelligence Agency (CIA) is the best-known intelligence unit within the U.S. government, virtually synonymous with intelligence generally. In…
After a cliffhanger Senate vote on July 31, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has its first permanent director in 7 years. B. Todd Jones, acting director since 2011, now officially heads a…
When ordinary citizens find themselves with too much stuff, they have a garage or yard sale—even call in a clutter consultant, which explains why organizing maven Marie Kondo is in such high demand these days. But…
On May 30, Portland, Oregon, celebrated the completion of a $139 million renovation of the 18-story Edith Green-Wendell Wyatt Federal Building (EGWW). First opened in 1975, the boxy, concrete-and-steel high rise, aging home to the IRS,…
