slide1 l.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Blaine Hastings Disposal Realty Specialist Auburn, WA 2010 GSA Expo PowerPoint Presentation
Download Presentation
Blaine Hastings Disposal Realty Specialist Auburn, WA 2010 GSA Expo

Loading in 2 Seconds...

play fullscreen
1 / 17

Blaine Hastings Disposal Realty Specialist Auburn, WA 2010 GSA Expo - PowerPoint PPT Presentation


  • 243 Views
  • Uploaded on

Office of Real Property Utilization & Disposal. Thinking of Reporting Real Property as Excess? – Utilization & Disposal of Real Property 101 . Blaine Hastings Disposal Realty Specialist Auburn, WA 2010 GSA Expo. Overview. Executive Order 13327

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Blaine Hastings Disposal Realty Specialist Auburn, WA 2010 GSA Expo' - analu


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Office of Real Property Utilization & Disposal

Thinking of Reporting Real Property as Excess? – Utilization & Disposal of Real Property 101

Blaine HastingsDisposal Realty SpecialistAuburn, WA2010 GSA Expo

overview
Overview
  • Executive Order 13327
  • Services available through the GSA Office of Real Property Disposal
    • Target Asset Reviews
    • Disposal Options Studies
    • Marketability Studies
    • Relocation
    • Etc.
target asset review tar
Target Asset Review (TAR)
  • Resource of asset data, regulatory compliance and decision support information to serve as an asset management tool
  • Comprehensive review of an agency’s files, records and studies, pertaining to a real property asset
  • Site inspection
  • Results in a report with documentation to support all the data provided, including site photos, maps and site plans
basic information included in a tar
Basic Information included in a TAR
  • GSA and landholding agency contacts
  • Acreage/buildings/other improvements
  • Acquisitions and disposals
  • History of the use of the property
  • Easements/permits/licenses
  • Access/transportation corridors
  • Historic/cultural issues or concerns
  • Floodplain/wetlands/endangered species
basic information continued
Basic Information (Continued)
  • Underground/aboveground storage tanks
  • Asbestos/LBP/Radon/PCBs/Pesticides/Mold
  • Interest Parties
  • Recommendations/Follow-up issues
  • Community issues
  • Asset management recommendations
  • Maps/photos/site plans
  • Additional information
disposal options studies
Disposal Options Studies
  • Determines viable options for best value to the government considering current real estate market trends
  • Matrix of alternatives to a typical federal disposal (i.e. federal transfer, discount conveyance, etc.)
  • Considers conditions where cash sale is favorable
  • Provides marketing strategy for each alternative
elements of the analysis
Elements of the Analysis
  • Exchange
  • Lease/leaseback
  • Other transaction structure
  • Disposal
  • Property redevelopment plan
  • Matrix for analysis
deliverables of the study
Deliverables of the Study
  • Marketing strategy of each alternative
  • Pro forma showing potential value of each alternative
  • Redevelopment plan for each alternative
marketability study
Marketability Study
  • Looks at surrounding market factors, area demand for space, local rental rates and area vacancy rates
  • Provides marketing strategy for alternatives and identifies options for optimal results
relocation
Relocation
  • Offers incentive to relocate from obsolete or underutilized facilities
  • Disposal pays for costs of relocation and new facility, and reimburses itself from sale of old facility
  • Seeks 2:1 return on investment
other services
Other Services
  • Appraisal
    • Highest and best use studies
    • Land use plans
  • Environmental Studies
    • Phase I, II, III
  • Retention/Disposal Studies
  • Local Portfolio Plans
  • Custom Scope of Work
who pays for the services
Who Pays for the Services?
  • Disposal has funds available to pay for certain studies, which result in a disposal action (i.e. TARs)
  • Disposal pays for relocation and reimburses itself out of sale proceeds
  • Other services available on a reimbursable basis (i.e. Disposal Options Studies, appraisals, etc.)
how is a service requested
How is a Service Requested?
  • Contact your local Disposal office
  • Provide information about the property
  • The realty specialist will conduct a needs assessment and propose which studies are tailored to your current needs
contacts
Contacts
  • Zone 1: John Kelly – Boston, MA

john.kelly@gsa.gov or (617) 565-5700

  • Zone 4: Tom Maguire – Atlanta, GA

tom.maquire@gsa.gov or (404) 331-5133

  • Zone 7: Melvin Freeman – Fort Worth, TX

melvin.freeman@gsa.gov or (817) 978-2331

  • Zone 9: Clark Vanepps – San Francisco, CA

clark.vanepps@gsa.gov or (415) 522-3420

  • Zone 11: Victoria Hartke – Washington, DC

victoria.hartke@gsa.gov or (202) 708-5867

resources
Resources
  • https://propertydisposal.gsa.gov
  • www.auctionrp.com
  • https://rc.gsa.gov
  • www.usa.gov