Government real estate expertise
Government is the largest real estate sector in the United States and it is also the most complex. To successfully navigate layers of regulations, you need a partner with the right industry relationships and experience with government procurement. By partnering with Colliers, you have access to the industry’s only comprehensive service platform focused solely on government real estate.
Property investors are looking for an edge in leasing space to the federal government. They want someone to guide them through the sometimes murky process, determine how to create winning proposals, maximize asset value and ensure that the lease will stand the test of time. Colliers Government Solutions makes the process manageable and we help position our clients to achieve successful results.
We understand government acquisition regulations and the strict performance requirements of the federal lease form. Our team does more than just execute transactions – we pride ourselves on ensuring each lease’s long-term integrity. We stay abreast of all changes in government policy and procedure to advise our clients how to plan, budget, and position their properties to attract and retain federal tenants. Our mission is to provide integrated services that maximize property value and exceed our clients’ investment objectives.
The Government Solutions team accelerates clients' success by providing a deep understanding of factors associated with government-leased real estate, utilizing local market knowledge and leveraging Colliers’ national presence. Our business strategy is geared to the acquisition and sale of government-leased properties nationally providing marketing exposure to thousands of government property owners and investors throughout the United States and overseas.
Skilled property management is vital to owners of government-leased properties. The manager is the owner's day-to-day representative and the primary interface with the government tenant. No one has a greater influence on the agency's satisfaction and, ultimately, the probability of renewal. Colliers understands this and that is why we have developed a property management service tailored specifically to government-leased properties.
As part of the Colliers Government Solutions platform our property managers are trained specifically to administer government leases and resolve common conflicts. We keep our management team abreast of changes in the government's leasing policy and we ensure our budgets anticipate future capital needs relating to evolving requirements. Most importantly, we manage properties well. Colliers Real Estate Management Services implements best practices learned from the management of more than 1 billion square feet worldwide.
A unique feature of government leases is that they typically require the property owner to be responsible for the tenant’s buildout or alterations, both at the outset of the lease and throughout its term. Therefore, it’s essential to have a skilled project management team on call. Colliers Government Solutions provides skilled project managers but we take the service a step further: we provide professionals experienced with the unique challenges of these government assignments, such as small business subcontracting, managing multiple stakeholders within GSA and the tenant agencies, and keeping to the schedule.
On-time completion is essential, especially when the government’s lease commencement is predicated on acceptance of their finished space. The government sector is rife with stories of cost overruns and interminable delays. The Colliers team knows how to keep things on track. We create a positive and collaborative working relationship with the government early in the process, actively leading the technical aspects of the design, construction, and occupancy in order to achieve the project objectives. We also make life easy for all parties by planning and coordinating all project deliverables, approvals, budgets, schedules, control mechanisms, resource requirements and communications.
Project management doesn’t have to be a headache. In fact, it can be a profit center. Let us show you how Colliers can manage your project—any size, anywhere in the nation.
Government is the largest real estate sector in the United States, and it may also be the most complex. Navigating layers of statutes, executive orders and regulations requires a partner with the right industry relationships and experience.
Expertise and insights
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Executive Vice President
Kurt Stout leads the Colliers Government Solutions national practice group, overseeing its platform services including leasing, investment sales, finance, property management and project management. He is an active member of the government real estate community and recognized as a national expert on government real estate matters, especially relating to the federal sector.
His specific area of expertise is federal leasing where he has managed complex transactions nationwide, with recent examples including representation of: Embarcadero Capital Partners in a 154,000 RSF lease for the FAA Western-Pacific Regional Office; Carr Properties in the 314,000 RSF lease restructuring and extension of the Office of Naval Research, and; The Meridian Group in a variety of GSA transactions allowing for stabilization and partial redevelopment of a 2-building, 758,000 RSF project in Washington, DC. In total, Kurt’s team has successfully completed 20 million square feet of federal leases across the United States.
Prior experience includes representation of government agencies as tenant representative. In that capacity, Kurt has led or co-led national accounts representing the US Postal Service, the Internal Revenue Service and the Federal Deposit Insurance Corporation. Additionally, he has participated in consulting projects for the U.S General Services Administration and other agencies related to portfolio planning and policy development.
Kurt served as a member of the Presidential Transition Team providing transition planning and policy development following the 2016 election. He serves as a board member of the National Federal Development Association, he is an editorial board member of the Government Real Estate Journal and is a speaker and active participant in a variety of industry events.
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