Trending Topics in Federal Real Estate, Part 1: What Makes Government Leases Unique
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Trending Topics in Federal Real Estate, Part 1: What Makes Government Leases Unique
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Leasing to the federal government can offer stable income, but landlords who overlook the rules may face costly surprises. Real Estate attorney Jeff Calk and GSA Leasing & Federal Real Estate Team Leader Gordon Griffin explain the fundamentals of federal real estate leases and highlight the unique requirements that distinguish government tenants from traditional commercial occupants. Drawing on Mr. Griffin's experience advising landlords, developers and real estate investment trusts, they outline six key principles ranging from mandatory government lease forms to SAM.gov registration and termination rights, underscoring the realities of working with a tenant that cannot be evicted. The conversation offers a roadmap for landlords, investors and real estate professionals seeking to understand the risks, requirements and advantages of doing business with the federal government.