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Published byChristiana Gardner Modified over 9 years ago
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Real Property Exchange Program
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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
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Satisfies agency mission needs by acquiring more suitable property resulting in: Improved employee morale Improved productivity Benefit of Exchanges
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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
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Value for Value - supplemental payment if AFMV unequal Program advantages unavailable through other means Mission need for acquired property Criteria
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Identify exchange candidates Determine preferable option for exchange Submit excess report noting Exchange request Due diligence Execute Acquisition documents Role of Holding Agency
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Collaborate on exchange effort Process report of excess Establish AFMV Validate Compensation Coordinate Congressional review Execute conveyance documents Role of GSA
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Contact GSA Office of Property Disposal Region 1 – New England Region 10 Causeway Street, Room 925 Boston, MA 02222 Phone: (617) 565-5700 Fax: (617) 565-5720 Region 4 - Southeast Sunbelt Region 401 West Peachtree Street, Suite 2528 Atlanta, GA 30308 Phone: (404) 331-513 Fax: (404) 331-2727 Region 5 – Great Lakes Region 230 South Dearborn Street, Room 3774 Chicago, IL 60604 Phone: (312)353-6045 Fax: (312)886-0901 Region 7 – Greater Southwest Region 819 Taylor Street, Room 11A09 Ft. Worth, TX 76102 Phone: (817)978-2331 Fax: (817)978-2063 Region 9 – Pacific Rim Region 450 Golden Gate Avenue, 9PR San Francisco, CA 94102 Phone: 1-888-GSA-LAND Fax: (415) 522-3213 Region 10 – Northwest Artic Region 400 15th Street, Room 1161 Auburn, WA 98001 Phone: (253) 931-7547 Fax: (253) 931-7554 Region 11 – National Capital Region 301 7 th Street, SW Washington, DC 20407 Phone: (202) 205-2127 Fax: (202) 205-5295
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