Government Solutions

Here is more evidence that federal workers want to telework. The jury is still out on whether, and to what degree, telework will be effective (for DOJ or others) but federal employees are leveraging the moment. federalnewsnetwork.com/workf…

GSA's leasing efforts have generated a rapidly rising number of long-term leased properties. Yes, many of these are second-generation leased assets, but it's still a boon to investors looking for safe returns. capitolmarkets.com/investmen…

Of course, there's lots of other nuance to explore with that topic...

of the deck could place federal agencies further out in the suburbs and/or in Class B and C properties. That's where the negative demand will yield the cheapest product, and GSA has been casting a wide net in establishing delineated areas (thus far).

It may also slow back-office migration from the downtown core as companies recognize that cost savings can be achieved simply by staying put. For @USGSA, yes, this means rent savings but its "lowest price" bidding process makes it possible--ironically--that this restacking

Today's @StevePearlstein article in @WaPo observes that the pandemic will weaken rental rates in cities, which will counterintuitively cause growth in desirable downtowns because their more affordable cost may pull in demand from suburbs.

Here is a new article on the CPI trend. It's going to be especially hard to predict where this goes but it appears to be plummeting towards deflation at the moment. That means declining rent for GSA lessors. capitolmarkets.com/leases/th… #CPI #GSA