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GOVT News

Closed Transaction: U.S. Department of Justice Facility in Kentucky

11.14.2023

GOVT Real Estate Group Closes U.S. Department of Justice (DOJ) Facility in Paducah, Kentucky

San Diego, California | November 14th, 2023 – GOVT Real Estate Group announced today the recent sale of an essential and highly secured, 9,861 square-foot build-to-suit facility in Western Kentucky that is leased on a long-term basis to the U.S. General Services Administration (GSA) for use by three U.S Federal Government law enforcement agencies operating within the U.S. Department of Justice- Federal Bureau of Investigation (FBI), Drug Enforcement Administration (DEA), and Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF).

Completed in 2022, this new build-to-suit facility was designed and constructed to meet the stringent standards and security requirements of the U.S. Federal Government. Providing an essential base of operations for three federal law enforcement agencies, the U.S. DOJ Facility in Paducah houses the FBI, DEA, and ATF, creating a highly resilient agency roster and assemblage of three of the most sought-after tenants within the field of federal real estate investments.

The property was acquired by an institutional fund which focuses on government property acquisitions and was sold on behalf of a development firm based in Chicago.

 

GOVT Real Estate Group

GOVT Real Estate Group is the national market leader in government property sales and investor services, with transaction volume exceeding $7 billion and closings in 45 states. Founded in 2005, GOVT Real Estate Group provides highly skilled client representation via unmatched expertise and experience, and a network of influential relationships with institutional and private capital sources that is global in reach. Through the power of specialization, GOVT Real Estate Group maximizes value and optimizes results on every assignment.

GOVT Real Estate Group’s transaction experience includes facilities occupied by all active government departments and agencies, including FBI, DEA, IRS, FEMA, FDA, ATF, OSHA, Veterans Affairs, Secret Service, Homeland Security, Immigration and Customs Enforcement, Citizenship and Immigration Services, Social Security, U.S. Attorneys, U.S. Courts, Customs and Border Protection, Air Force, Department of Defense, Army Corps of Engineers, Defense Health Agency, Health Resources and Services, Department of Interior, Forest Service, Bureau of Land Management, Fish & Wildlife, Geological Survey, Environmental Protection Agency, Department of Energy, Military Entrance Processing Command, Department of Agriculture, and National Parks Service.