Federal Bureau of Investigation
Richmond, VA
Unstated
Unstated
5+ Years Remaining
100%
96,607 SQ FT
Office
2001
11.75 Acres
Sold
ALL CASH TRANSACTION
Closed 14 days from contract execution
HIGHLY COMPETITIVE OFFER PROCESS
With best and final round
MISSION CRITICAL FACILITY
The FBI Field Office in Richmond serves as the regional headquarters, responsible for oversight of six resident agencies in Virginia
RARE OPPORTUNITY TO ACQUIRE AN FBI FIELD OFFICE
AAA CREDIT TENANCY GUARANTEED BY THE UNITED STATES OF AMERICA
RECENT LEASE EXTENSION
GSA recently exercised a 5-year lease renewal option for the FBI that will commence in January 2016, evidencing their ongoing commitment to this facility
HIGH SECURITY BUILDING
Designated as an Interagency Security Committee (ISC) Level IV facility, making it one of the most highly secured buildings in the federal government portfolio
LOCATED APPROXIMATELY 100 MILES FROM WASHINGTON D.C.
This non-CBD location was strategically selected by the FBI giving the facility close proximity to FBI Headquarters, the hub for the Federal Government and access to major interstates
Starwood Capital and Kaufman Jacobs hired GRE Group to arrange the sale of the FBI Field Office in Richmond. While only 5 years remained on the lease term, GRE Group leveraged expertise in this product type to aggressively underwrite the asset and worked diligently to sell future value at expected lease renewal. A highly competitive bid process resulted, achieving record pricing.
