real estate domain as well. Public Building Service and the Federal Acquisition Service are the two significant services performed by GSA. payments. We also make life easy for all parties by planning and coordinating all project deliverables, approvals, budgets, schedules, control mechanisms, resource requirements and communications. Governmentwide contracts for products and services at volume discount pricing. even though part(s) of such activities may be located outside the defined per diem locality. Leased. This, NGPs fifth fund(thus the V in their name), is comprised almost entirely of single tenant GSA-leased buildings. The Lease Contract Administration (LCA) team processes real estate taxes, operating cost adjustments, step rents (rent adjustments), and changes of ownership/novations for all GSA leases. Though GOV has yet to purchase any properties this year, the firm has consistently been among the most active buyers of government-leased buildings. Outleasing | GSA Previously he was with a real estate development company for nine years where he was responsible for development, property management, accounting and administration for office buildings, medical centers and industrial properties. leaseholder will be safeguarded from the risk of bankruptcies and the misuse of
INVESTMENT GSA LEASED PROPERTY 311 E 2nd St - LoopNet This includes managing several multi-market accounts for both institutional landlord and federal government clients, including the Federal Deposit Insurance Corporation (FDIC), the Internal Revenue Service (IRS) and the U.S. 1. For
Near Dulles Airport Peterson has completed more than 800,000 SF in a newand growingcampus for the CIA. Making Sense of Cap Rates for GSA Properties - Colliers Vacationisthetimetospendyourdreamdayswith dearones. Looking for U.S. government information and services? The Inventory of GSA Owned and Leased Properties (IOLP) shows data for GSA-owned and -leased properties across the country and its territoriesPuerto Rico, Guam, and American Samoa. This data changes all the time. Landlords
This 358,000 SF building, located in Montgomery County, Maryland, is currently for sale. Federal space has much to offer in the way of amenities, and generally utility and cleaning costs are well below industry average. sector in the United States, and it may also be the most Policies are effective until they are canceled by additional LDG issuances, Leasing Alerts, or LACs. We understand government acquisition regulations and the strict performance requirements of the federal lease form. more. A .gov website belongs to an official government organization in the United States. leaseholders. GSA Properties For Sale. Had we included non-GSA federal leases in our rankings, Brookfield would have earned a spot just beneath NGP. Office For Sale - 3165 Williams Blvd SW in Cedar Rapids - Point2 General Service Administration (GSA) is backed 100% by the US Government, which maintains S&P Rated AA+
Current properties available for leasing (which GSA refers to as "Outleasing") are listed below, organized by region. GSA assets are designed with unique features namely IT and quality
To yield the highest value and best deal execution, Colliers Government Solutions offers a team of capital markets professionals specializing solely in the sale and financing of government-leased properties. The Land for Sale located at Saarbrcken Saarland 66129 Germany is currently for Sale, Saarbrcken Saarland 66129 Germany is listed for $414,283. In June 2019, James was promoted to Senior Director of Project Management where he now oversees the Virginia offices as well as our Government Solutions Group. properties are gaining huge popularity among investors, as it is associated with risk free, economical and secured
Search the database of GSA forms, standard (SF) and optional (OF) government forms. Determining ownership is tricky business. Rates for Alaska, Hawaii, U.S. Todd is a Certified Property Manager and holds a bachelors degree in Business Administration from Virginia Wesleyan College. General Service Administration (GSA) is backed 100% by the US Government, which maintains S&P Rated AA+
An official website of the U.S. General Services Administration. Copyright
those boundaries. Government Solutions | Colliers from New York University School of Law. Property in Saarbrcken, Saarland, Germany, free Saarbrcken Real Estate Listings . A lock If you make the decision that you would prefer to sell your GSA or Government Leased Asset prior to lease expiration because you are not comfortable taking on the renewal risk yourself, you will be happy to know that there is a very active market for this product type. The figure in the table above represents just the GSA-leased space in GOVs portfolio but, if we add other federal-leased properties as well as properties leased by various state agencies, that figure would grow to about 10 million square feet. investments. The GSA-Leased Portfolio I was completed in 2009. Listed By CENTURY 21 Homes & Castles Saarbrcken. Federal assets available via auction to the general public.
Todd Willett is the Regional Managing Director of REMS|Virginiaand oversees and coordinates a team of real estate managers and support staff responsible for over 50million square feet of office, flex, industrial, and retail assignments. Improving Public Building Service operations, strategies, policies and workplace solutions. laws, and regulations that are set by federal statues and various other rules and regulations. GSA leases available vacant space in certain properties at market rates for private businesses as well as state and local governments. GSA Properties Find GSA leased and owned facilities information. Learn more about the Real Estate Investment and Savings Strategy. Lighthouse Program - GSA Please try again. Yes, the language used by the Government is not typical of the industry. That said, in order to maximize value, there is always some risk. General Service Administration controls more than 9,600 self-owned and leased properties as well as work spaces
Government Properties Income Trust is the undisputed leader in the government-leased property sector. Official websites use .gov More specifically, potential investors typically want to also see that the Tenant Improvements have been completed and were accepted by the Government. HPI Group is a Charlotte-based real estate investor that manages investments for high net worth individuals. If you have questions, contact Zone3.LCA.Inquiries@gsa.gov. The best time to put your GSA or Federally leased asset up for sale is after you have obtained a new lease renewal with hopefully substantial Firm Term. ), Federal Identity, Credentials, & Access Management, Privately Owned Vehicle (POV) Mileage Reimbursement Rates, Presidential & Congressional Commissions, Boards or Small Agencies, Diversity, Equity, Inclusion and Accessibility, 22,072.84 USF (+ 1,222.80 USF private toilet available). There are several companies in this space that specialize on this exact opportunity and are more than happy to take on the renewal risk in order to increase their investment yield. can receive most favorable customer pricing,
(720) 626-5202 Your only source for true GSA Leasing Expertise and a passion for client support. Though this statement has been widely proclaimed in the past, there is plenty of evidence that the actual renewal rate is likely lower. Our team does more than just execute transactions we pride ourselves on ensuring each leases long-term integrity. by stability or security as well as a guarantee from the federal government. They
The firm remains an active buyer of GSA-leased assets, having recently acquired a 240,000 SF FAA regional office building in the Chicago area. As a result of these enduring relationships, Charles has negotiated government leases across the United States, in cities as large as Los Angeles and as small as Aberdeen, South Dakota. Reimbursement rates for the use of your own vehicle while on official government travel. Yes, you read that right. Its an easy leap, therefore, to figure out how JBG could find itself in the #2 spot on our list. Technical and strategic guidance to promote the viability and integrity of historic buildings.
You must enter at least one criteria to perform the search. Its a remarkable portfolio and one that is unlikely to be replicated any time soon. UrbanAmerica Advisors How to Sell a GSA or Federally Leased Asset? - Arco Real Estate Solutions COPT now owns facilities near most of the major U.S. intelligence agencies and often leases space to those agencies, usually on a direct basis. Courthouse Program Land Ports of Entry Land Ports of Entry and the Bipartisan Infrastructure Law Prospectus Library Regional Buildings Renting GSA Property Visiting Public Buildings Historic Preservation Rates are available between 10/1/2020 and 09/30/2023. or https:// means youve safely connected to the .gov website. Check your eligibility for small-business set-asides. Executed Lease Documents | GSA Read more Contacts Geoff Ficke Colliers (972) 759-7814 Contact Broker Zack Ficke Colliers Reimbursement rates for the use of your own vehicle while on official government travel. They
lodging is obtained. The 10 Largest GSA Property Investors | Government Solutions 7. Yes, the process can seem daunting. A .gov website belongs to an official government organization in the United States. The firm has substantial GSA lease holdings but some of its largest leases are direct contracts with TSA, SEC, the Pension Benefit Guaranty Corporation and the Smithsonian Institution. Sheriff's Youth/Family Services Bureau. Search themap toolusing four predefined searches: Clicking on a property from the search will pop up data such as: For general assistance, contactpreston.monah@gsa.gov, For information specific to a geographic area, view the Regional Contacts by State, An official website of the U.S. General Services Administration. Moreover,
Colliers understands this and that is why we have developed a property management service tailored specifically to government-leased properties. Brookfield Office Properties (NYSE: BPO) Rates for Alaska, Hawaii, U.S. Looking for U.S. government information and services? Project management doesnt have to be a headache. Rates are available between 10/1/2020 and 09/30/2023. Space Center, Inc. RE/MAX Immo Stars Klaus Hoffmann GmbH. small and medium sized property owners, they arealso a worthwhile investing option or a business
Official websites use .gov Research the federal market, report sales, and upload contract information. Buyers
Territories and Possessions are set by the Department of Defense. The End Date of your trip can not occur before the Start Date. will be benefited with AA ratings. The U.S. General Services Administration (GSA) sells real property seized, confiscated, foreclosed, or no longer needed by the Federal Government. Suggested training for doing business with GSA. The
Most importantly, we manage properties well. The General Services Administration (GSA) owns and leases over 363 million square feet of space in 8,397 buildings in more than 2,200 communities nationwide. VA, SSA. Rates for Alaska, Hawaii, U.S. Credit. investors or owners ofgsaleasedproperties. Therefore, its essential to have a skilled project management team on call. Jarrett brings more than15years of commercial real estate experience to the Government Solutions practice group, offering transaction and Federal procurement policy expertise to tenants and landlords in the public and private sector. Matt graduated summa cum laude from the University of Notre Dame and subsequently earned his J.D. The
Suggested training for doing business with GSA. Keith is a graduate of the University of Notre Dame. Interested in Acquiring a Lighthouse? Victoria Abbasi represents institutional owners across the United States in a variety of government real estate transactions and consulting assignments largely involving the General Services Administration (GSA). GSA provides tailored solutions to help Federal Agencies reposition their unneeded or underutilized real property. those boundaries. ", Per diem localities with county definitions shall include"all locations within, or entirely insurance companies, government or semi government firms, overseas organizations and many more are the
or invest inGSA buildings such as warehouses, courthouses, IRS, FBI buildings, VA, SSA, US Embassy, border
To successfully navigate layers of regulations, you need a partner with the right industry relationships and experience with government procurement. You may hear some brokers in the market touting GSAs 95% renewal probability. Rates for foreign countries are set by the State Department. In certain cases, although occurring much less frequently, there are GSA leases in which the annual rent obligation increases during the lease term, even though the TI component "de-amortizes" after the firm term of the lease. The PTO complex is invested entirely by high net worth individuals. However, Peterson has also constructed substantial facilities leased directly to intelligence agencies. investment experience. Rates are available between 10/1/2020 and 09/30/2023. Purpose built in 1993 for USDA office. Personal Property (Tangible Goods) Real Property (Real Estate & Buildings) for Public Use. Vornado Realty Trust (NYSE: VNO) In 2021, she was recognized by Commercial Real Estate Women Washington D.C.(CREW DC) as an Emerging Leader. Secure .gov websites use HTTPS for over one million personnel. This austerity has frozen many tenants in place as they plan and position for inevitable downsizing. 2615 University Blvd Office For Sale | PropertyShark The best time to put your GSA or Federally leased asset up for sale is after you have obtained a new lease renewal with hopefully substantial Firm Term. Learn what GSA has to offer to prospective employees. Since we dont compete with brokers that provide buy / sell representation, Arco has established trusting relationships with many of the top brokers who can assist you. Policy and guidance for compliance with the National Environmental Policy Act. or invest inGSA buildings such as warehouses, courthouses, IRS, FBI buildings, VA, SSA, US Embassy, border
leaseholder will be safeguarded from the risk of bankruptcies and the misuse of
stations, laboratories, workplaces, offices, clinics, ICE, US Customs and much
HPI Group including independent entities located within the boundaries of the key city and the listed counties Frequently asked questions about per diem rates and related topics. gsaproperties.com, 2012. investments. Charles also advised the City of Wilmington, Delaware, on the feasibility and economic impact of a sports arena. venture. all the risk for any inaccuracies. We recommend upgrading to the . They
The naturally cool, humidity-controlled environment is perfectly suited to archival storage for agencies such as the National Archives and Records Administration, IRS and the Social Security Administration. Prior to joining Colliers International, Charles was Senior Vice President of the Government Services Group at Grubb & Ellis Company. Information on planned federal contracting opportunities. These select brokers are experts at telling the story of a property. For more information, contact:Office of Portfolio Management and Customer Engagement National Outlease ProgramBrian Tye, 215-446-5754. VA, SSA. Such activity takes place in the Office of
It employs numerous federal personnel and manages the
Resources Services Available Excess Property STATE & LOCAL CUSTOMERS PUBLIC BUYERS MCKINNEY-VENTO HOMELESS ASSISTANCE PROGRAM LIGHTHOUSE PROGRAM View on Map Looking for U.S. government information and services? at economical rates. StatesGovernmentor Federal agenciessuch as FBI, , IRS, ICE, DEA,
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The firm has been purchasing government leased assets since 1993 and has amassed a portfolio of 16 properties, nearly all of which are 100% leased by federal agencies. Government Leased Investments - Bull Realty When a military installation or Government - related facility(whether or not specifically named) is Leasing Desk Guide (LDG) Government sponsored challenges and prize competitions. They offer workplaces for federal customer agencies as well as United States courthouses
has 11 regional areas working on public building and work place leasing services. Learn what GSA has to offer to prospective employees. When a military installation or Government - related facility(whether or not specifically named) is An official website of the United States government. The lease documents are sorted by region and contain GSA Lease Forms and Lease Amendments (LA) from selected GSA leases across the nation. Information technology products, services and solutions. entire installation or facility is the higher of the rates which apply to the cities and / or counties, Postal Service (USPS). ), Federal Identity, Credentials, & Access Management, Privately Owned Vehicle (POV) Mileage Reimbursement Rates, Sample Novation Agreement for GSA's Leases [PDF - 366 KB], Presidential & Congressional Commissions, Boards or Small Agencies, Diversity, Equity, Inclusion and Accessibility. Disposition Services: Adjust supply and demand to your benefit to sell a single building or a portfolio. Traveler reimbursement is based on the location of the work activities and not the accommodations, (unless otherwise listed separately).". U.S Customs, Border Patrol, USA Immigration, Department of Justice. or tenants can enjoy budget friendly investment, Long
If you hear this, I suggest that you request to see the evidence supporting this claim. Government Investment Properties work with owners and lessors of commercial real estate with a majority government tenancy. 8. Federal Lessor Advisory Group | CBRE Suggested training for doing business with GSA. Secure .gov websites use HTTPS Reimbursement rates for the use of your own vehicle while on official government travel. Long
When a military installation or Government - related facility(whether or not specifically named) is and regulations requires a partner with the right industry UrbanAmerica Advisors is a partnership between UrbanAmerica, L.P. and Behringer-Harvard. No warranties are made as to accuracy. Among these is 1301 S. Young Street, a 388,000 SF building in downtown Dallas occupied by HHS and SSA regional offices. surrounded by, the corporate limits of the key city as well as the boundaries of the listed counties, Rates for Alaska, Hawaii, U.S. government. Allowances for lodging, meal and incidental costs while on official government travel. This paragraph has been translated by Bing Translate. infrastructurerequirements. Official websites use .gov surrounded by, the corporate limits of the key city, including independent entities located within because they are the most secure investments in market place. the privilege of short lead times acquisition, Buyers
lodging is obtained. Federal
Cecilia Kanejoined the Government Solutions practice group as aClient Services Coordinator in April 2021. Search the database of GSA forms, standard (SF) and optional (OF) government forms. After having spent 11 years in prior roles heavily focused in local, state, and federal government clients and projects, James joined the firm in May 2016 as a project manager. government agencies, public entities, large companies, fund organizations, large corporations, banks,
Buyers
StatesGovernmentor Federal agenciessuch as FBI, IRS, ICE, DEA,
Many business owners and realtors are not aware that they may lease space from the federal government. Information on planned federal contracting opportunities. We have typically defined the owners as those operating partners who are the face of these propertiesthe people who ultimately manage the assets. GSA assets are designed with unique features namely IT and quality
Tenants
U.S. GSA Real Property Disposal Allowances for lodging, meal and incidental costs while on official government travel. Long-Term Leased GSA Properties Are Back (for now)! or tenants can enjoy budget friendly investment,
A lock located partially within more than one city or county boundary, the applicable per diem rate for the Charles has represented many of these clients for more than a decade and, in some cases, in multiple markets. Supporting a team of five brokers with a diversity of client relationships, federal agency experience, and market expertise, Cecilia has developed exceptional communication, organizational, and prioritization skills. Investors can get long term stability and guaranteed peace of mind. Text is available
The agency maintains a large number of GSA schedule. The REIT owns GSA-leased properties in 31 U.S. states and the District of Columbia ranging in size from as small as 10,000 SF to more than a half million square feet. Saban Capital Group is an L.A.-based private investment firm run by Haim Saban, a billionaire who made his fortune in the entertainment, media and communication industries. Share sensitive information only on official, secure websites. The agency offers buildings with policy, regulations, products and services. For Sale $4,230,000 USD The Ficke Team of Colliers has been selected as the exclusive investment sales advisor in the disposition of a four (4) property portfolio leased to the General Services Administration (GSA). Rates for Alaska, Hawaii, U.S. To successfully navigate layers of regulations, you need a partner with the right industry relationships and experience with government procurement. GSA
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In addition, Todd spent three years managing residential properties in Northern Virginia and Hampton Roads. term leases,USGovernment agenciesusually sign 10 to 20 years leaseswith option to
Out of the $920,000 in Capital and Tenant Improvements, GSA is contributing $362,000 in Tenant Improvements plus $180,000 for furniture, I.T. Services for the operation and maintenance of buildings and outleasing programs. However, I can tell you from experience that there are only a handful of brokers that truly specialize in this niche and that I personally trust to work with my clients. 9. Real Estate | GSA Investors
GSA assets are designed as per the environmental prospectssuch asLEED, offering amenities to
Official websites use .gov Insurance
Government Properties for Sale - LoopNet.com All Rights Reserved. In addition to government real estate, Matt maintained a broad-based transactional practice, focusing on the financing, acquisition, development, leasing, and disposition of commercial real estate. warranties, expressed or implied to the accuracy of the information. leased property investment solutions. An official website of the United States government. properties are gaining huge popularity among investors, as it is associated with risk free, economical and secured
Nearly all buildings are less than 10 years old and all have more than five years of remaining lease term. Please try again later. They disseminate regulations for
term leases,USGovernment agenciesusually sign 10 to 20 years leaseswith option to
Property investors are looking for an edge in leasing space to the federal government. Leased. Cecilia is a magna cum laude graduate of Colgate University, where she earned a Bachelor of Arts with a double major in Geography and Spanish. Please try again later. (unless otherwise listed separately).". It is an independent agency of the United States government. GSA leased
A lock Federal assets available via auction to the general public. even though part(s) of such activities may be located outside the defined per diem locality. Unless otherwise specified, the per diem locality is defined as "all locations within, or entirely Search the database of GSA forms, standard (SF) and optional (OF) government forms. or https:// means youve safely connected to the .gov website. These properties possess lower operational risks and obstacles than other real estate investments. Jarrett was also a Vice President for Eastdil Secured, participating in $11 billion of investment sale transactions and as a company lead on the firms FDIC account assisting the Agency with bank valuation. Please try again later. And despite these issues, it could be argued that they are not as important as making sure you structure the deal in such a way that is competitive (based on the Governments evaluation methods) and desirable to investors in this space. The agency maintains a large number of GSA schedule pre-negotiatedcontracts. With unmatched experience and expertise, we offer unique insight . 2. Your browser is currently not supported. License. This is why a broker who specializes in GSA / Federal Government Leasing is imperative. Investors can get long term stability and guaranteed peace of mind. even though part(s) of such activities may be located outside the defined per diem locality. If you have questions, contact Zone1.LCA.Inquiries@gsa.gov. In addition to office buildings, GSA properties include: An official website of the U.S. General Services Administration. FAR 42.1204 provides a framework for the government to recognize a change of ownership (i.e.,when a lessor buys or sells a property where a government tenant resides). GSA
The answer to this question will likely not come as much of a surprise. From the map, select your geographic location for the scheduled sales. Read the latest GSA news, updates and analysis. Rates for foreign countries are set by the State Department. The Lease Contract Administration (LCA) team processesreal estate taxes, operating cost adjustments, step rents (rent adjustments), and changes of ownership/novations for all GSA leases. The End Date of your trip can not occur before the Start Date. New GSA lease runs 5 years. (GSA, take note: these are your most important landlord customers.). or https:// means youve safely connected to the .gov website. Jarrett has completed over $1.3 billion in federal leasing transactions, totaling approximately 2.8 million square feet of space with a variety of Federal government agencies including the National Oceanic and Atmospheric Administration, Department of Health and Human Services, Department of Defense, Securities Exchange Commission, United States Secret Service, and U.S. gsaproperties.com, 2012. In this case, the risk is the renewal risk. Enjoy
Regardless of whether or not you decided to pursue maximum value by taking on the lease renewal risk yourself, or you decided that exiting prior to lease expiration was the right decision for you, it is in your best interest to pursue the best representation for the sale of your asset. the privilege of short lead times acquisition,
This is where value is created. surrounded by, the corporate limits of the key city, including independent entities located within For
She is currently working to earn her Real Estate Salesperson License in Virginia. Rates for foreign countries are set by the State Department. has 11 regional areas working on public building and work place leasing services. and fixtures. This is the foundation for maximizing value. Federal
Frequently asked questions about per diem rates and related topics. So, consider safe GSA
Administration offers purchasing programs and real estate services. companies, pension funds, real estate funds, banks and various other investors invest in GSA leased properties