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The U.S. government owns hundreds of thousands of real property assets worth hundreds of billions of dollars. The General Services Admin. (GSA) maintains a database on these assets commonly referred to as the worldwide inventory. Quality data are critical if decisionmakers are to strategically manage these real property assets. This report assessed the reliability & usefulness of the GSA worldwide inventory & determined what actions, if any, may be needed to make it a more useful tool. Charts & tables.
The Federal government is the nation's largest landlord & owns over 450,000 buildings, more than 675 million acres of land, & leases another 300 million square feet of space. It is constantly in the market building, buying, renovating, leasing, & selling real estate. The book is based on the author's two decades of consulting experience in Federal real estate, & describes the decision making process by which government agencies acquire & dispose of land, buildings, structures & facilities. The book will be of particular interest to students & scholars in the fields of business, real estate, urban studies, economics, & government wanting to know how the Federal government conducts its real estate operations. It is also a practical Guide for planners, developers, brokers, leasing agents, property managers, lenders, appraisers, investors, state & local government officials, corporate real estate executives & all others currently doing or wishing to do real estate business with the Federal government. To order contact: Lakeside Publishers, 13408 Glen Lea Way, Rockville, MD 20850-3638. (301) 762-1441, TOLL FREE (800) 304-1802, FAX (301) 762-1206, e-mail: [email protected].

Federal Real Property

United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Government Operations

Published: 2014

Total Pages: 72


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The Fed. and District of Columbia Gov¿t. Real Property Act of 2006 mandated a review of the property exchanges between the District and the fed. gov¿t. This report determines: (1) the status of the conveyances and transfers of the properties identified in the law; (2) what steps the District and the fed. gov¿t. have taken toward completing the conveyances, what factors have affected their completion, and what additional steps remain; (3) what preliminary development has occurred on the properties exchanged between the District and the fed. gov¿t., and what are the current plans for use of these properties; and (4) what development challenges the District and fed. gov¿t. face going forward. Illustrations.