Kurt Stout

Government real estate advisor with Colliers. Tweets here are my own. Follow @CapitolMarkets for those of my practice group.

[Kurt Stout @KurtStout]

According to @Colliers, national office demand is recovering (though it's still a mess). Will @usgsa be able to capitalize on market conditions? It's something I hope to explore further. Meanwhile, this: https://t.co/kgRbmlLDb4

[Kurt Stout @KurtStout]

And, after yesterday's news about DOJ's struggles to determine its re-opening plans, here Google confirmed it is re-opening its offices in July, but not necessarily expecting everyone to return. https://t.co/2L0cfGAw2v

[Kurt Stout @KurtStout]

Here is more evidence that federal workers want to telework. The jury is still out on whether, and to what degree, telework will be effective (for DOJ or others) but federal employees are leveraging the moment. https://t.co/yJeeC5oYmM

[Government Solutions @CapitolMarkets]

https://t.co/YxVclhb85T

[Kurt Stout @KurtStout]

GSA's leasing efforts have generated a rapidly rising number of long-term leased properties. Yes, many of these are second-generation leased assets, but it's still a boon to investors looking for safe returns. https://t.co/25XHehbbH5

[Kurt Stout @KurtStout]

This is why I can't wait for the pandemic to be over. #IMissRealUtensils

[Kurt Stout @KurtStout]

GSA's leased space inventory has taken a tumble: https://t.co/S8AC7UiSb1

[Kurt Stout @KurtStout]

@usgsa opted out of the CSOSA procurement well more than a year after completing a procurement and the lessor signing the lease. This event (and others like it) casts doubt on GSA's reliability as a counterparty. via @WBJonline https://t.co/eNHLiZKaBr

[Kurt Stout @KurtStout]

WFH Will Likely Increase in This Large Sector Once the Pandemic Ends https://t.co/6BH12iRTLI via @GlobeStcom

[Kurt Stout @KurtStout]

I've decided to give our https://t.co/PpPME8zkAa blog some more attention this year. Various articles posted this week, including this one: https://t.co/OhYKdvOLxG #parisagreement

[Kurt Stout @KurtStout]

Our @ColliersDC research team provided another update to their DC Region Sublet Tracker. The news is not good. Now seeing a surge in sublease space--up 18% from last quarter (638,000 SF). Most blocks are small, but they still indicate market weakness. https://t.co/acbOVGah3U

[Kurt Stout @KurtStout]

Of course, there's lots of other nuance to explore with that topic...

[Kurt Stout @KurtStout]

Today's @StevePearlstein article in @WaPo observes that the pandemic will weaken rental rates in cities, which will counterintuitively cause growth in desirable downtowns because their more affordable cost may pull in demand from suburbs.

[Kurt Stout @KurtStout]

of the deck could place federal agencies further out in the suburbs and/or in Class B and C properties. That's where the negative demand will yield the cheapest product, and GSA has been casting a wide net in establishing delineated areas (thus far).

[Kurt Stout @KurtStout]

Here is a new article on the CPI trend. It's going to be especially hard to predict where this goes but it appears to be plummeting towards deflation at the moment. That means declining rent for GSA lessors. https://t.co/p251p7gwsB #CPI #GSA

[Kurt Stout @KurtStout]

I know I'm supposed to want to get back to the office, but I'm really enjoying the setup at home. I shouldn't admit this. If I feel this way, what's the chance that 2 million federal workers do too? #telework #therewillbechange

[Kurt Stout @KurtStout]

Here is what arrived in the mail today: 341 pages of "The Writings and Research of Dennis Eisen, Phd". Catnip for federal real estate nerds. Yeah, I'll read every page.

[Kurt Stout @KurtStout]

It has been a while since I’ve published anything. Hoping to keep the momentum going because these strange times merit some commentary. https://t.co/iGC2NP2GbK

[Kurt Stout @KurtStout]

A simple yet remarkable graphic on the level of federal spending (and we can't really be sure how quickly GDP is falling right now!). Now a Phase IV stimulus is on the way. I doubt this debt evaporates like it did after WWII.