Real Property Exchange Program

 A negotiated two part transaction - Acquisition - Disposition  Can involve property and other consideration  Must ensure proper due diligence performed on acquisition property Overview of the Exchange Program

 Satisfies agency mission needs by acquiring more suitable property resulting in:  Improved employee morale  Improved productivity Benefit of Exchanges

 Federal Property Administrative Services Act Section 203 (c) “Any executive agency designated or authorized by the Administrator to dispose of surplus property may do so by sale, exchange, lease … for cash, credit or other property..” Governing Authority

 Value for Value - supplemental payment if AFMV unequal  Program advantages unavailable through other means  Mission need for acquired property Criteria

 Identify exchange candidates  Determine preferable option for exchange  Submit excess report noting Exchange request  Due diligence  Execute Acquisition documents Role of Holding Agency

 Collaborate on exchange effort  Process report of excess  Establish AFMV  Validate Compensation  Coordinate Congressional review  Execute conveyance documents Role of GSA

Contact GSA Office of Property Disposal Region 1 – New England Region 10 Causeway Street, Room 925 Boston, MA Phone: (617) Fax: (617) Region 4 - Southeast Sunbelt Region 401 West Peachtree Street, Suite 2528 Atlanta, GA Phone: (404) Fax: (404) Region 5 – Great Lakes Region 230 South Dearborn Street, Room 3774 Chicago, IL Phone: (312) Fax: (312) Region 7 – Greater Southwest Region 819 Taylor Street, Room 11A09 Ft. Worth, TX Phone: (817) Fax: (817) Region 9 – Pacific Rim Region 450 Golden Gate Avenue, 9PR San Francisco, CA Phone: GSA-LAND Fax: (415) Region 10 – Northwest Artic Region th Street, Room 1161 Auburn, WA Phone: (253) Fax: (253) Region 11 – National Capital Region th Street, SW Washington, DC Phone: (202) Fax: (202)