In this episode, I briefly discussed some upcoming interviews that I will be conducting for the GOV CRE Podcast. I then touch on a recurring issue I am coming across with my clients regarding Real Estate taxes and then offer a potential solution…. let me remind you! Finally, if you are experiencing massive delays with an SSA procurement, I describe my personal experiences with this phenomenon and the reasons I am being told underlying what I hope to be a temporary issue.
This episode is truly a deepdive behind the curtain of how GSA completes its market research prior to and after “going to market”. We also cover a bit of information regarding changes in the GSA leasing curriculum that could lead to greater understanding amongst GSA and the private market with regards to the establishment of “what is market rent”.
In this episode we cover two GSA Shell Cost drivers (cyclical paint and carpet) and a bit more nuance that owners may not have previously considered.
We are get into some VERY interesting language in the Real Estate Tax Clause for assets in California. If you are looking to by a GSA occupied asset in CA, PLEASE watch this video and read the pertinent clause.
Finally, we briefly touch on the power of the GSA “Changes” clause. This has been an issue I have touched on a few time on the GOV CRE Podcast, but wanted to hit it one more time here as well.
Live Q&A for all things GSA Leasing and GSA Occupancy
- An overview of the “current state” of GSA Leasing.
- What do you need to think about as you are establishing your interest rate at the point of Final Proposal Revisions (FPR)
- Ways you can (AND SHOULD) be increasing your operating rent throughout the design and construction process.
This episode covers a few of the key changes made to the General Services Administration’s Request for Lease Proposal (RLP) and Form 1364.