Count on Me: Decoding the Federal Government’s Real Estate Portfolio

Easterly Government Properties’ Darrell Crate and CBRE’s Marcy Owens Test explain the unique complexities and opportunities when leasing space to the U.S. government. They explore government agencies’ specialized build-out requirements, the market impacts of the federal government’s shift from ownership to strategic leasing, and other topics of interest to commercial real estate investors.•       The federal government occupies more than 2 billion sq. ft. of real estate.•       For investors, government leases can offer long-term stability and strong tenant credit.•       The shift from government ownership to leasing is creating more opportunities for investors.•       Mission-critical facilities often require specialized and costly buildouts.