X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON, DC-The federal government is looking to hire more brokers to handle its leasing.

Beginning in 1997, the U.S. General Services Administration first brought in two private brokerages, Spaulding & Slye of Boston and Crown Partnership of New York, to take on real estate duties it had kept to itself. The program was so successful that GSA now wants to expand it.

“We have discovered that when we outsource some of this transaction work, we have more time to spend with our clients,” said Tony Costa, who oversees real estate operations in this region for GSA.

The agency has not decided how much extra work to give the brokers or how to divide up the work. It doesn’t expect to solicit proposals from brokers until later this year.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.