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Colliers GSAXCHANGE Team and Qualifications

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Page 1: Colliers GSAXCHANGE Team and Qualifications and...1625 eye Street nW Suite 700 Washington, dC 20006 direct: 202.728.3503 Mobile: 202.222.5631 jarrett.morrell@colliers.com v unMaTChed

Colliers GSAXCHANGETeam and Qualifications

Page 2: Colliers GSAXCHANGE Team and Qualifications and...1625 eye Street nW Suite 700 Washington, dC 20006 direct: 202.728.3503 Mobile: 202.222.5631 jarrett.morrell@colliers.com v unMaTChed

Colliers International is a leading global real estate services organization defined by our spirit of enterprise. Through our culture of service excellence and a shared sense of initiative, we have integrated the resources of real estate specialists worldwide to accelerate the success of our clients.

Our headquarters in Seattle, Washington and more than 522 offices worldwide share a common brand and vision to provide the best service experience available.

To us, that means empowering our service teams to partner with each client, truly listen to their unique business needs and design an integrated service offering. Our goal is to make your property a competitive business advantage and ensure your entire range of property needs are met.

We also challenge our professionals to go the extra mile in their attitudes and actions, allowing our values of expertise, community, service and fun come through in everything we do.

Most commercial real estate firms are either loose networks of variously owned companies, or a tightly controlled corporate structure. Colliers International has created a unique operating model, combining the power and accountability of a global enterprise with local equity and flexibility.

We are backed by the financial strength of FirstService Corp., a strong, diversified capital partner, allowing us to invest in major client resources.

The Colliers Advantage

OFFICe

ReTaIl

land

InduSTRIal

MulTIFaMIly

TeChnOlOgy

CapITal MaRkeTS

pROjeCT MgMT

pROpeRTy MgMT

$71BTRanSaCTIOn value

$2BIn Revenue

1.12B SFundeR ManageMenT

62COunTRIeS

13,500pROFeSSIOnalS

482OFFICeS

gSaXChange is the Investment Sales division of Colliers government Solutions - the industry’s only comprehensive services platform focused solely on government real estate. gSaXChange provides expertise specifically designed for the government-leased asset investment market, supported by unique underwriting tools, proprietary databases, specialized lending programs, direct access to investment equity, and a state-of-the-art technology platform.

The gSaXChange is a collaboration of a team of seasoned investment sales professionals within Colliers International, led by Bob Cottle in the Colliers atlanta office, darrin kennedy in the Colliers los angeles office, and jarrett Morrell in the Colliers Washington d.C. office. Full contact information is as follows:

The responsibility of the development, marketing, and execution of every assignment is shared across the gSaXChange team. By providing multiple points of contact to the investment marketplace, the gSaXChange covers the full spectrum of prospective purchasers of government-leased property across all regions of the country. Through our Sharepoint Investor Tracking and daily communication and collaboration across the team, we are able to provide the client with constant, real-time information and feedback from the marketplace that no other service provider can match. your gSaXChange team consistently delivers:

www.gsaxchange.com

Who We are

daRRIn kennedy, leed apManaging director - gSaXChange865 S. Figueroa StreetSuite 3500los angeles, Ca 90017direct: 213.861.3323Mobile: [email protected]

ROBeRT C. COTTle, CCIMManaging director - gSaXChangepromenade, Suite 8001230 peachtree Street neatlanta, ga 30309-3574 direct: 404.877.9257Mobile: [email protected]

jaRReTT MORRellvice president - government Solutions1625 eye Street nWSuite 700Washington, dC 20006direct: 202.728.3503Mobile: [email protected]

v unMaTChed MaRkeT knOWledge - across the entire spectrum of the government-leased asset marketplace.

v eXpeRIenCed TeaM - Our Team has executed multiple large-scale and complicated transactions and assignments.

v BuyeR & SelleR RepReSenTaTIOn eXpeRIenCe - We know BOTh sides of the negotiating table.

v pROgRaMMaTIC appROaCh - disciplined, detailed and “Best Outcome” driven.

v FOllOW-ThROugh and aCCOunTaBIlITy - Transparency and communication throughout the assignment.

v COMMITTed TO MInIMIZIng OR elIMInaTIng RISk - allows the client to focus on their core business.

v pROven analyTICS - Market knowledge and experience translates into reliable accuracy.

TeaM deSCRIpTIOn

Page 3: Colliers GSAXCHANGE Team and Qualifications and...1625 eye Street nW Suite 700 Washington, dC 20006 direct: 202.728.3503 Mobile: 202.222.5631 jarrett.morrell@colliers.com v unMaTChed

Darrin Kennedy LEED AP

MANAGING DIRECTOR

[email protected]

EDUCATION AND QUALIFICATIONS

BA, International Political Economy

University of California, Berkeley

MBA, Finance

The Wharton School

University of Pennsylvania

Master of Arts, International Studies (Emphasis in Japanese)

University of Pennsylvania

License No: 00989120

AFFILIATIONS AND MEMBERSHIPS

LEED AP

Licensed Salesperson State of California

Colliers President’s Circle of Excellence – 2003-2012

CONTACT DETAILS

DIR +1 213 861 3323 FAX +1 213 327 3323

Colliers International 865 S. Figueroa St. Suite 3500 Los Angeles, CA 90017

www.colliers.com

AREA OF EXPERTISE Darrin has more than 20 years of experience in commercial real estate and has provided consulting and transaction advisory services to government agencies and private clientele on a national and international basis. Over the last several years at Colliers, he co-founded and developed GSAXCHANGE, a division of Government Solutions specializing in investment sales and financing of government-leased properties. The GSAXCHANGE team has sold more than $125 million in government-leased properties for valued clients. Darrin is integrally involved on a daily basis with the procurement and execution of GSAXCHANGE listing and buyer representation assignments.

PROFESSIONAL ACCOMPLISHMENTS Since joining Colliers International in 2001, Darrin’s accomplishments include:

• Co-founder and developer of GSAXCHANGE, a division of Government Solutions specializing in investment sales and financing of government-leased properties on a national basis.

• Led the Colliers FDIC team which provided comprehensive turn-key management, marketing and disposition services to the FDIC on a national basis under a multi-year contract resulting in the sale of more than 180 properties.

• Delivered more than $10 million in real estate and financial advisory services to federal agencies such as GSA, USACE, OSD and the Departments of the Army, Navy and Air Force to primarily assist with procurement of facilities, revitalization of existing real estate assets and disposition of surplus properties.

• Led Colliers team to provide extensive real estate staffing services to GSA Region 9 to support its newly created Real Estate Division headquartered in San Francisco under a three year contract.

• Served as engagement leader on multiple, multi-year Department of Defense contracts, under which he provided comprehensive real estate consulting, lease procurement and financial advisory services to the Army relative to the development of its build-to-lease program in Korea. Under these Darrin completed the first lease procurement and financing of a BTL project for the Army in Korea.

• From early 2002 to mid-2004, he also directed Colliers’ efforts as a financial advisor to the Department of the Army and U.S. Army Corps of Engineers relative to its housing privatization procurement activities under the Military Housing Privatization Initiative (MHPI) and the Residential Communities Initiative (RCI) Program.

Robert C. Cottle CCIM

MANAGING DIRECTOR

[email protected]

EDUCATION AND QUALIFICATIONS

MBA (Finance) Georgia Institute of Technology

BA (Accounting) University of South Florida

License No: 166965

AFFILIATIONS AND MEMBERSHIPS

Certified Commercial Investment Member (CCIM)

Atlanta Commercial Board of Realtors (ACBR)

Licensed Salesperson State of Georgia

CONTACT DETAILS

DIR +1 404.877.9257 MOB +1 404.259.9257 FAX +1 404.870.2845

Colliers International Promenade, Suite 800 1230 Peachtree Street NE Atlanta, GA 30309-3574

www.colliers.com

AREA OF EXPERTISE Bob has nearly 25 years of experience in the commercial real estate business, with 20 years in the investment sales arena. Bob is a co-founder of the GSAXCHANGE, a division of Government Solutions specializing in investment sales and financing of government-leased properties. The GSAXCHANGE team has sold more than $125 million in government-leased properties for valued clients. Bob is part of a three-person team that focuses on the procurement and execution of GSAXCHANGE listing and buyer representation assignments.

PROFESSIONAL ACCOMPLISHMENTS

• Co-founder and developer of GSAXCHANGE, a division of Government Solutions specializing in investment sales and financing of government-leased properties on a national basis.

• Million Dollar Club Life Member - Atlanta Commercial Board of Realtors (ACBR).

PROFESSIONAL BACKGROUND Bob joined Colliers International in 2000 to support the establishment of the company’s investment sales capability. In 2009, Bob, help create and launch the GSAXCHANGE platform, specializing in the government-lease asset marketplace. In his current capacity, Bob is involved on a daily basis with the procurement and execution of office and industrial investment sales assignments, primarily government-leased properties through the GSAXCHANGE platform - incorporating his extensive financial analysis background and transaction experience in all facets of commercial real estate.

Prior to joining Colliers, Bob began his career in 1989 as a financial analyst for Carter & Associates, focusing on the company’s development and joint venture activities. In 1993, Bob was part of the group that formed Ben Carter Properties, and served as its Director of Investment Services, participating in development, acquisition, disposition, financing, and brokerage activities. In 1997, Bob became the Chief Underwriter for DECK Realty Group (now Kaufman Realty Group) and was responsible for evaluating all potential real estate acquisitions for the company’s investment portfolio.

COMMUNITY INVOLVEMENT

• Board of Directors – Convention and Visitors Bureau of Dunwoody (GA).

• Junior Achievement of Georgia

TeaM deSCRIpTIOn

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kurt Stout | executive vice president, government Solutions

kurt Stout represents private-sector lessors and investors engaged in government-related transactions. The government Solutions group has also completed a wide variety of transactions and consulting assignments throughout the united States for government agencies including the FdIC, IRS, u.S. postal Service and the gSa. kurt has completed a wide variety of transactions including leasing, subleasing, lease terminations, property sales and acquisitions, easements and air rights transfers.

prior to joining the government Solutions team, kurt was the grubb & ellis director of Research and Client Services overseeing a 10 person staff providing all financial analysis, market studies and marketing activities in the Washington–Baltimore region. he has authored over 100 market studies and lectured in the graduate real estate and facilities programs at johns hopkins and george Mason universities.

kurt is the primary author for the CapitolMarkets.com website, a blog focused on issues and analysis relating to government leased and owned property.

Support perSonnel

market expertiSe

dany koe, leed green associate | associate

dany is responsible for the research, market and financial analysis for the gSaXChange. he tracks government sale opportunities and sale and lease comparables on a national basis. dany continues to transition into brokerage.

alongside his position with the gSaXChange, dany is a research associate working closely to the director of Research in atlanta. prior to joining the team, dany worked as a residential appraiser throughout georgia. he

holds a double B.S. degree in Finance and Real estate from georgia State university.

Jarrett Morrell, MBA VICE PRESIDENT, GOVERNMENT SOLUTIONS

[email protected]

EDUCATION AND QUALIFICATIONS

M.B.A., The Anderson School of UCLA

B.S., Business Administration, Georgetown University

AFFILIATIONS AND MEMBERSHIPS

District of Columbia Building Industry Association

Urban Land Institute

Real Estate Group

CONTACT DETAILS

MOB +1 202 222 5631 MAIN +1 202 534 3000 FAX +1 202 331 1526

Colliers International 1625 I Street NW Suite 700 Washington, DC 20006

www.colliers.com

PROFESSIONAL BACKGROUND Jarrett Morrell joined the Colliers Government Solutions team in 2011, and provides leasing and transaction expertise to tenants and owners in the public- and private-sector.

Prior to joining Colliers International, Jarrett was Senior Associate with the Global Corporate Services group at CB Richard Ellis (CBRE) where he served as the primary interface with GSA Management, Contracting Officers, Realty Specialists and General Counsel. In addition to completing multiple leasing transactions, Jarrett led several other projects for the GSA, including the site selection process for the HHS Twinbrook renewal as well as managing all components of the project’s execution. He was also a primary participant in the 935,000 RSF NOAA headquarters renewal in Silver Spring and the 668,000 RSF Tricare lease in Falls Church.

Prior to working with CBRE, Jarrett served as Vice President at Eastdil Secured, participating in marketing and disposition assignments across multiple asset categories, including: office, multifamily, hospitality, senior living, and retail. In addition, he served as team leader on bank valuation work for the Federal Deposit Insurance Corporation (FDIC).

PROFESSIONAL ACCOMPLISHMENTS • During his stint as a broker representative

at CBRE under GSA’s National Broker Contract, Jarrett was a principal negotiator in the three largest leases GSA executed during that period.

• Jarrett was the recipient of the CBRE Washington, DC area “Largest Leasing Transaction” award for 2010.

• Member of National Capitol Region team that achieved an overall rating of Gold from GSA for four consecutive quarters (June 2010 – March 2011), the highest rating awarded by GSA.

Shanna Markwell | Marketing Specialist

Shanna Markwell assists and supports the Investment Services group to win new business and achieve selling goals. Shanna manages active accounts via RCM, Saleslogix, and Salesforce. She is responsible for the completion of offering memorandums and BOvs, in addition to developing, implementing, and maintaining property marketing materials such as flyers, postcards, brochures, website design and development, and e-blasts.

prior to joining Colliers, Shanna was the advertising Coordinator for The Tennessean and new Media Creative director for Banniseter publications. She holds a BS in Marketing from kentucky Wesleyan College.

katherine Seastrom | project Coordinator

katherine Seastrom works closely with the Colliers International asset manager for gSaXChange and FdIC assets on the nationwide FdIC account. She also develops promotional material for various FdIC properties, crafts and monitors marketing messages from the field to the public. katherine manages the marketing and disposition efforts for over 15 brokers across 25 states including advertising, negotiations, and the completion and submission of sales contracts.

katherine holds a Ba in Communications from Washington State university as well as a Ma in Strategic public Relations from the university of Southern California.

TeaM deSCRIpTIOn

Page 5: Colliers GSAXCHANGE Team and Qualifications and...1625 eye Street nW Suite 700 Washington, dC 20006 direct: 202.728.3503 Mobile: 202.222.5631 jarrett.morrell@colliers.com v unMaTChed

Colliers government SolutionsThe gSaXChange is the investment sales division of the Colliers government Solutions (CgS)platform, the industry’s only comprehensive services platform focused solely on government real estate. Our platform consists of six services specifically focused on government real estate: leasing, Investment Sales, Capital Markets, property Management, valuationa & appraisal and Tax appeal.

The gSaXChange Team works closely with government Solutions professionals in Washington, dC - kurt Stout, keith lavey, Charles dilks, and jarrett Morrell - to provide unmatched market insight that helps drive investor interest and pricing.

Team approachThe Colliers International government Solutions team is differentiated from other government advisors because we take a hands-on, analytical approach to the transaction process. We are a true team, both in structure and shared compensation, and we apply our collective skills and knowledge to each assignment, ensuring that our clients benefit from our comprehensive experience. We provide outstanding customer service and access to the entire breadth of our practice group’s transactions experience.

knowledge leadershipThe government property sector is dynamic and it takes a determined and sustained commitment to keep pace. Colliers government Solutions does not just keep up - we lead. Our team has built the industry’s leading knowledge infrastructure, including a comprehensive database of government-leased buildings, leases and sales designed to provide a clearer view of the government property sector. The insights we yield from this approach are the foundation of our strategic advisory services. We also provide market insights through our Capitol Markets blog, the sector’s best resource for issues and analysis relating to government-leased properties.

national platformThe Colliers government Solutions team is extensively engaged in federal leasing and sales on a national basis. This national work provides a unique perspective on regional policies and procedures, and it reveals precedents that can be leveraged to benefit our clients in all regions of the country.

Financial ModelingWe recognize that, ultimately, the leasing and investment process is about maximizing asset value and positioning the asset to meet investment goals. Therefore, our transaction approach is founded upon rigorous financial analysis, which provides the backbone of our negotiations plan. using a combination of customized models and other investment analysis tools, such asaRguS, we analyze the real estate transaction from the point of view of all parties to the transaction. Our financial modeling forms the basis of our strategy and is adjusted in tandem with negotiations to allow our clients to understand their exact financial position at each stage of the process.

Colliers Investment Services groupColliers Investment Services group (CISg) is a national association of 55 of Colliers’ most successful investment brokers doing business throughout the major cities around the country. This group was founded in 2005 by brokers, not managers, to improve the sharing of knowledge among Colliers best investment sales professional. The members communicate monthly on transactions, capital markets, and technical knowledge issues related to institutional buyers, sellers, and product. Our free sharing of mission critical knowledge is unique to the industry. The success of the CISg “practice group” illustrates our true culture of cooperation. We provide this level of access and experience through the following:

> Monthly conference calls between all the CISg members

> a platform of sharing capital markets intelligence and data from across the uS

> Real time access to all active capital sources on current offerings via CISg exclusive internal database, the “Colliers Transaction Tracker”

> an internal exchange of Buyer qualifications and references

CISg’s institutional perspective provides direct access to strong personal relationships inside all major institutional investors on a national basis. With our participation in CISg, our listings receive not only the best of local market coverage, but will also be exposed to all other CISg members across the globe.

Updated April 2013

landlord

repreSentation

inveStment ServiceS

capital marketS

taxappeal

valuation/appraiSal

propertymanagement

Service lineS

Colliers International Offices (uS)

Investment Services group Offices (uS)

Colliers government Solutions Offices

TeaM deSCRIpTIOn

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qualifications and experience

GSAXCHANGE Completed Transactions and Current ActivityAgency LocAtion cLient SALe price cLoSing DAteusda Morgantown, WV Glenmark Holding $10,850,000 december 2013

MsHa Morgantown, WV Glenmark Holding $4,225,000 december 2013

us dept. of energy Morgantown, WV fd stonewater $18,850,000 september 2013

texas lottery comm. austin, tx spire realty Group $17,800,000 december 2012

odar/ssa lexington, KY rooker real estate $10,400,000 september 2012

ssa clarksville, tn larry Blumberg & assoc. $1,610,000 august 2012

ssa franklin, nc larry Blumberg & assoc. $1,774,000 august 2012

ssa Griffin, Ga larry Blumberg & assoc. $1,226,000 august 2012

ssa statesboro, Ga larry Blumberg & assoc. $1,543,000 august 2012

ssa/odar thomasville, Ga larry Blumberg & assoc. $1,610,000 august 2012

ssa dade city, fl larry Blumberg & assoc. $1,423,000 august 2012

ssa Marianna, fl larry Blumberg & assoc. $1,769,000 august 2012

irs pensacola, fl larry Blumberg & assoc. $2,230,000 august 2012

ssa Winter Haven, fl larry Blumberg & assoc. $2,375,000 august 2012

atf Walnut creek, ca preferred Gov’t prop. $9,867,000 april 2012

fBi Baton rouge, la larry Blumberg & assoc. $5,625,000 March 2012

fBi cary, nc dilweg companies $9,050,000 february 2012

irs Huntsville, al larry Blumberg & assoc. $2,700,000 december 2011

ssa lacombe, la larry Blumberg & assoc. $3,250,000 december 2011

ssa philadelphia, Ms larry Blumberg & assoc. $1,300,000 december 2011

oHa/ssa Knoxville, tn rooker real estate $6,950,000 september 2011

ssa Kingsport, tn Gpt real estate $2,360,000 october 2010

fBi ft. Myers, fl larry Blumberg & assoc. $4,069,000 december 2009

ssa cullman, al larry Blumberg & assoc. $1,222,500 January 2009

24 properties $124,078,500

Completed Sales

offering LocAtion cLient ASking price StAtuSomaha Meps omaha, ne JlB capital partners $7,500,000 under contract

16-Building Gsa portfolio Mi, oH, fl, tx, co, Mn Wssa, llc $110,000,000 loi pending

quakerbridge plaza Hamilton township, nJ loeb partners realty $60,000,000 loi pending

700 Westpark drive peachtree city, Ga Gf capital $12,500,000 Marketing

19 properties $190,000,000

Current Activity

Completed Deals

Current Active Deals

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qualifications and experience

commencement 10/31/2012

offer Due Date 12/6/2012

total prospect touches over 33,000

executed cAs 32

offers received 7

closing Date 12/20/2013

commencement 7/25/2012

offer Due Date 8/30/2012

total prospect touches over 32,000

executed cAs 80

offers received 10

closing Date 12/26/2012

commencement 4/2/2013

offer Due Date 5/2/2013

total prospect touches over 24,000

executed cAs 52

offers received 6

closing Date 9/6/2013

to maximize the price achieved, the team uses a structured process. the goal is to explain to each buyer why the property will continue to provide excellent returns and appreciation over time. the ultimate objective is to make each buyer feel the tension of a situation in which only the high bidder will be the winner. competition, or the perception of competition, is key.

GSAXCHANGE Recent Exposure & Results uSDA / MSHA - MorgAntown, weSt virginiA

in 2012, the GsaxcHanGe team was engaged by Glenmark Holding llc to represent their offering of two Gsa-leased properties located in Morgantown, West Virginia. the 34,904 sf usda facility was built in 2009 and was leased for 15 years (11 years remaining) with three 5-year renewal options, and the 19,969 sf MsHa facility was built in 2003 and had recently renewed for 5 years firm with an additional 5 year option. after a thorough marketing campaign that generated highly competitive offers, the seller made the internal decision to delay the transaction. in october 2013, the transaction was restarted with the lead bidder, at a higher purchase price, and completed in less than 60 days.

u.S. DepArtMent of energy - MorgAntown, weSt virginiA

in 2013, the GsaxcHanGe team was engaged by fd stonewater to represent their offering of the 58,990 square foot u.s. department of energy office of legacy Management administrative and record storage facility located in Morgantown, West Virginia. the facility was constructed in 2009 and was leased for 15 years with a 5-year renewal option, and involved a conversion from leasehold to fee simple ownership. a thorough marketing process achieved significant interest in the property that drove the initial cap rate on the contract price below 6.75%.

texAS Lottery HeADquArterS - AuStin, texAS

in 2012, the GsaxcHanGe team, in cooperation with the dallas office of colliers international was engaged by spire realty Group to represent their offering of the headquarters building for the texas lottery commission (tlc), located in the state capital of austin. the 89,000 square foot three-building office complex was built in 1982 and renovated for tlc in 1997, and has 8 years remaining on the lease. the marketing process, despite being executed during the middle of the summer, achieved significant investor interest that drove the winning bid above the asking price.

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qualifications and experience

Extensive Relevant Experience

SSA/oDAr SiZe 44,000 Sf | vALue: $10,240,000 | LocAtion: ky

the colliers GsaxcHanGe team completed the sale of this two-story office building leased to the ssa’s office of disability adjudication and review in november 2012. the building was completed in april 2012 and included a new 15 year firm lease. an extensive marketing campaign was the key to the selection of the right buyer and achieving the first sub-7% cap rate for a Gsa-leased asset in a secondary/tertiary location.

texAS Lottery coMMiSSionSiZe 89,063 Sf | vALue: $20,817,500 | LocAtion: tx

the colliers GsaxcHanGe team completed the sale of this state-leased property totaling 89,063 rentable square feet. the three-building office and retail complex, located in the austin cBd, serves as the headquarters for the texas lottery commission which occupies approximately 92% of the complex. the team successfully located a buyer new to the government-leased property market and achieved a sales price significantly above the seller’s expectations.

office of DiSAbiLity ADjuDicAtion AnD review (oDAr)SiZe 25,208 Sf | vALue: $6,950,000 | LocAtion: knoxviLLe, tn

the colliers team completed the sale of this two-story office building leased to the ssa’s odar in september 2011. the building was built in 2011 and included a new 15 year lease term with 10 years firm. an extensive marketing campaign was the key to the selection of the right buyer which produced a closing in less than 5 months. the challenge was to keep the deal on track during the upheaval in the marketplace from the debt ceiling crisis and federal Government credit rating downgrade.

fbiSiZe 25,458 Sf | vALue: $9,050,000 | LocAtion: rALeigH, nc

the colliers team completed the sale of this single-story office building located in cary (raleigh), nc leased to the federal Bureau of investigation in february 2012. the building was built in 2009 and included a lease with 7.5 years of firm term remaining. the team successfully located a buyer at strong market pricing and helped the parties navigate a complicated closing that included the restructuring of easements.

gSA portfoLioSiZe 85,890 Sf | vALue: $15,560,000 | LocAtion: fL, gA, tn, nc

the colliers GsaxcHanGe team completed the sale of a nine-building portfolio of Gsa-leased assets in august 2012. the properties, located in florida (4), Georgia (3), tennessee, and north carolina, are leased to the Gsa (ssa & irs) with an average remaining lease term of 7 years, with 2 years firm. the team successfully located a buyer new to the Gsa market that was willing to acquire multiple assets in secondary markets with varied lease terms and agencies.

DepArtMent of energySiZe 58,990 Sf | vALue: $18,850,000 | LocAtion: MorgAntown, wvthe colliers GsaxcHanGe team completed the sale of this 58,990 square foot, mission-critical, state-of-the-art facility occupied by the u.s. department of energy (doe). With approximately 11 years of remaining firm term on the lease, this special purpose facility built in 2009 serves as the doe’s office of legacy Management Business center. originally subject to a ground lease, the team successfully coordinated the simultaneous sale of the land and improvements to achieve maximum pricing on behalf of the seller.

gSA portfoLio SiZe 46,503 Sf | vALue: $12,875,000 | LocAtion: AL, LA, MS

the colliers GsaxcHanGe team completed the sale of this four-building portfolio located in the alabama, louisiana, and Mississippi in March 2012. the Gsa agencies represented in the sale were the ssa, irs and fBi. the team successfully located a Buyer at strong market pricing that was willing to acquire multiple assets in secondary markets with varied lease terms and agencies.

uSDA/Mine SAfety AnD HeALtH ADMiniStrAtionSiZe 54,873 Sf | vALue: $15,075,000 | LocAtion: MorgAntown, wvthe colliers GsaxcHanGe team completed the sale of this two-property portfolio totaling 54,873 square foot, which was comprised of the usda regional headquarters office (built in 2009, 10+ years of remaining firm term), and the MsHa district headquarters office (built in 2003, 4.5 years of firm term remaining). the team successfully identified and coordinated the simultaneous sale of the buildings to a single buyer who was willing to acquire Gsa-leased assets with varying lease durations.

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qualifications and experience

GSAXCHANGE Team References & Testimonials

SSA/oDAr | SiZe 44,000 Sf | vALue: $10,240,000 | LocAtion: ky

titanium real estate advisors has acquired numerous Gsa properties over the last several years brought to us by the colliers GsaxcHanGe team. the GsaxcHanGe team’s experience in this specialized market clearly provides tremendous value and expertise to their clients. in each case, the contract, due diligence and closing process has gone smoothly and the transaction has closed in a timely manner. as a buyer, i always look forward to working with them and appreciate their integrity and fairness.

Kris Jankowski, Vice presidenttitanium real estate [email protected]

DepArtMent of energySiZe 58,990 Sf | vALue: $18,850,000 | LocAtion: MorgAntown, wv

the colliers GsaxcHanGe team did a tremendous job of representing us in the sale of the Morgantown doe facility. in addition to pushing the market to the best pricing, their ability to manage a complex transaction with responsiveness and persistence was instrumental in enabling us to achieve a successful outcome.

claiborne Williams, principalfd [email protected] 703-537-7653

texAS Lottery SiZe 89,063 Sf | vALue: $20,817,500 | LocAtion: tx

spire realty Group engaged the GsaxcHanGe team at colliers to represent us in the marketing and sale of Grant plaza located in the austin cBd which closed prior to year-end 2012. the team, led by darrin Kennedy and Bob cottle, executed the marketing of the asset in a highly professional and timely manner, and completed the closing at pricing that exceeded our expectations.

the GsaxcHanGe team’s deep knowledge of government leases and economics, their specialized knowledge of the investment market for government-leased assets, and their ability to cover the market from coast to coast were the difference in making this transaction a success. i highly recommend the GsaxcHanGe team at colliers, and would certainly engage them again to represent us in future sale transactions of government-leased assets.

Jon ruff, senior Vice presidentspire realty [email protected]

uSDA & Mine SAfety AnD HeALtH ADMiniStrAtionSiZe 54,873 Sf | vALue: $15,075,000 | LocAtion: MorgAntown, wv

our firm was originally introduced to the GsaxcHanGe team in 2012 and it was immediately apparent that we were associating with a group of true professionals. GsaxcHanGe’s hard work and dedication led directly to national exposure for our Gsa assets which resulted in very efficient and timely sale transactions. through GsaxcHanGe’s extensive market research along with their energy and support, our company always felt that our best interests were their priority.

their expertise and knowledge within the Gsa leased property market place is extraordinary. We would strongly recommend seeking the quality service of the GsaxcHanGe group.

nick colasante, cfoGlenmark Holding [email protected] x102

Gf capital Management & advisors fd stonewater spire realty Group

elman investors, inc titanium real estate advisors rooker real estate

the dominion Group Gpt real estate services, inc. JlB capital partners llc

platinum plus partners larry Blumberg & associates, inc susquehanna Holdings

Glenmark Holding loeb partners realty West second street associates

nGp fund V/Vi timesquare capital saban capital Group

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