Meeting Minutes - US Department of State

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
complex or major high dollar value transactions. We
provide the day-to-day real estate guidance to the
embassies when they just call in and have a question
about the landlord is doing this, what do I do with
my lease, what are my rights? And we get into
dealing with bilateral property rights issues from
time to time when they come up as well.
154
So, just a snapshot today. We're typically
working on about 200 multi-year real estate
transactions in my shop at any given time. And if
you just took a snapshot today of the value of those
real transactions, it's around two billion dollars.
This year so far, fiscal year '07, you can see some
of the stats up there, we've completed, meaning
closed, over 200 sales, purchases, major leases, and
decommissions this year valued at close to a billion
dollars, another almost 50 properties under contract
for sale or to purchase. We've put sites under
contract in 11 cities this year, closed on another
seven. We've put 38 housing properties under
contract to buy, closed on 52 more, sold almost 20
properties, decommissioned over 80 properties, and
completed a number of major lease relocations and
again, with about 25 people.
Those nearly 300 completed real estate
Free State Reporting, Inc.
1378 Cape St. Claire Road
Annapolis, MD 21409
(410) 974-0947