As part of ongoing efforts to reduce waste, the U.S. Department of Government Efficiency (DOGE), in coordination with the new leadership at the U.S. General Services Administration (GSA), is reaching out to all tenant...more
2/4/2025
/ Commercial Leases ,
Commercial Property Owners ,
Contract Disputes Act ,
Contract Termination ,
Contract Terms ,
General Services Administration (GSA) ,
Government Agencies ,
Lease Term ,
Property Owners ,
Public Contracts ,
Real Estate Transactions
This is the second of a two-part series addressing special considerations for government lessors in the current commercial real estate market. Part I addressed the risks posed by government downsizing and early lease...more
8/15/2024
/ Assignments ,
Commercial Leases ,
Commercial Property Owners ,
Deed-in-Lieu of Foreclosure ,
Deeds ,
Distressed Assets ,
Federal Acquisition Regulations (FAR) ,
Foreclosure ,
General Services Administration (GSA) ,
Lenders ,
Novation ,
OMB ,
SAM ,
Time Extensions
The commercial real estate market in the United States is undergoing a profound shift as building vacancy increases in most major markets and as trillions of dollars of financing are coming due in 2024....more
4/2/2024
/ Abandoned Property ,
Calculation of Damages ,
Commercial Leases ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Contract Terms ,
Damages ,
General Services Administration (GSA) ,
Government Agencies ,
Lease Termination ,
OMB
The General Services Administration (GSA) released Lease Acquisition Circular, LAC-2020-01, issuing Leasing Desk Guide, Chapter 23, Lease Acquisitions Using Unusual and Compelling Urgency, on April 2, 2020. In light of the...more