GOVT Real Estate Group Closes U.S. Forest Service Mt. Hood National Forest Headquarters in Sandy, Oregon
San Diego, California | April 4th, 2023 – GOVT Real Estate Group announced today the recent sale of an essential, 38,952 square-foot facility in Sandy, Oregon that is leased on a long-term basis to the U.S. General Services Administration (GSA) for use by the U.S. Forest Service (USFS).
The Mt. Hood National Forest Headquarters is situated on a 6.8-acre parcel in Sandy, Oregon, approximately 26 miles east of Portland, and offers immediate access to U.S. Route 26, downtown Sandy, and the western entrance to Mt. Hood National Forest. As an essential base of operations for USFS staff, the Mt. Hood Headquarters office provides oversight for the 1.067-million-acre Mt. Hood National Forest and four Ranger District Offices in Oregon. Renovated-to-suit with completion in 2020, the USFS invested significant funds into this facility, with tenant improvements paid by USFS totaling $1.7 million.
The property was acquired by an institutional fund that focuses on government property acquisitions and was sold on behalf of a development firm based in Portland, Oregon.
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.