Monday, July 21, 2008

Ever Lease Space to the Government?

If you ever aspire to lease space to Ol' Uncle Sam, there are a few things to know before signing on the dotted line, even here in Tulsa. "The GSA or US General Services Administration, the nations largest public real estate organization, provides workspace for more than 1.2 Million federal workers through its Public Buildings Service. Approximately half of the employees are in buildings owned by the federal government and half are located in over 7,100 separate leased properties (including buildings, land, antenna sites, etc.) across the country." The other half of the buildings are ones that are owned by people like you and I.

In order to compete for the US Government to be one of your tenants, there is some competition involved and also an etiquette when submitting a proposed space. If you have a space that you would like to be considered in the latest govermental search, best to visit www.gsa.gov/leasing for more information. That link will cover: 1) Offering Space to the GSA, 2) Submitting a Proposal and Lease Awards and Payments.

For all your commercial real estate questions, contact Neil T. Dailey of McGraw Realtors at 918-853-7337 or at ndailey@mcgrawok.com.

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