SEATTLE-Colliers International's Government Solutions group has been awarded the management contract for one of the General Services Administration's largest leased portfolios in the US. The 2.1-million-square-foot portfolio includes 21 assets across the country in major markets such as Washington, DC; Denver; Dallas; and Portland, OR.
The portfolio is the largest to date for Colliers' Government Solutions, a services platform focused solely on government real estate. The tenants in the portfolio run the gamut from the Federal Bureau of Investigation and US Army Corps of Engineers to the Drug Enforcement Administration, Internal Revenue Service and US Citizenship and Immigration Services.
“Government-leased properties require a specialized approach when it comes to management, accounting practices, capital budgeting, tenant relations, engineering and security,” says Kurt Stout, EVP of Colliers' Government Solutions national practice group. “We have established a robust portfolio management approach tailored to the unique needs of government-leased assets.” It consists of five integrated services, specifically focused on government real estate: leasing, investment sales, property management, appraisal and tax appeal.
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