Expiring GSA Leases Sparks New Program

LOS ANGELES—With as much as 1.5-million square feet of GSA or federal leases set to expire over the next two years, the GSA is launching AAAP, an online platform designed to ease the landlord application process for GSA tenants. AAAP has already been successful in Washington D.C., helping to pair government tenants with landlords who fit specific guidelines, and is positioned to do the same for L.A. landlords. Like many companies, the GSA is looking to consolidate its leased space and reduce per-person square footage, meaning many of these tenants will be looking to move to new locations. To find out about the program, the GSA landscape in L.A. and what GSA tenants want in an office space, we sat down with Joe Brennan, the managing director of JLL‘s government investor services group.

GlobeSt.com: Set the stage for the GSA leasing market in Los Angeles.