Located at the corner of corner of Nebraska and Massachusetts avenues, the 38-acre Naval Security Station complex encompasses 32 buildings accounting for 566,000 sf of office space. For the last two months the General Services Administration, the government's real estate arm, had been soliciting bids for leasable space offering about 275,000 sf and 1,000 on site parking spots. At the Naval Security Station, Homeland Security's offices will start out in a four-story structure on the campus.

It seems security was the deciding factor in the selection of space. Written communications between Homeland Security's transition team and the GSA indicate that many of the solicited bids for Northern Virginia locations did not hold security as the absolute highest priority in the proposals. Other factors that made the District space more viable are its proximity to the White House and the home of the Vice President at the US Naval Observatory, the easy access to public transportation, and ready-made security.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.