Report | United States Federal Perspective - 2016
As belt-tightening became a priority in 2015 for the federal government in Washington, DC, many long-term leases in the federal real estate portfolio included space reductions or reconfigurations in order to see maximum space efficiency.
With the near-term outlook still cloudy as the 2016 election cycle approaches, and 30 million square feet of GSA leases set to expire over the next 12 months, decisions will need to be made in order to halt future space deferrals.
JLL's Federal Perspective Report gives you a broader look at how the current federal fiscal situation is affecting one of largest segments of the nation's office market, as well as what sectors in the federal real estate portfolio could see growth, and the overall impact on regional and national leasing trends.
To access the report, simply complete the form.