MIAMI—West Second Street Associates has tapped Colliers International to market a 273,000-square-foot, 16-property office portfolio that is fully leased to federal agencies through the Government Services Administration (GSA). GSAXCHANGE, a group within the Colliers Government Solutions team, and Raymond James Financial will market the portfolio on behalf of owner.

Tenants include the Social Security Administration, Internal Revenue Service, Immigration and Customs Enforcements, Department of Veterans Affairs, and Customs and Border Protection. Colin Cavill and Bob Cottle, both GSAXGHANGE team members based in Atlanta, and Darrin Kennedy, based in Los Angeles, will lead the marketing efforts for the portfolio.

“We expect these single-tenant properties to attract a great deal of interest from a wide variety of investors,” says Cavill, managing director of Colliers International's GSAXCHANGE. “Investor interest in GSA-leased buildings is on the rise due to the stellar credit, long average lease terms and high renewal rates of U.S. Government tenants. These GSA properties provide a steady income stream and consistent yields.”