Go Back  FlyerTalk Forums > Travel&Dining > Travel Safety/Security > Checkpoints and Borders Policy Debate
Reload this Page >

Office Space: TSA renews lease for two 12-story buildings in Pentagon City

Office Space: TSA renews lease for two 12-story buildings in Pentagon City

Old Apr 28, 13, 9:14 am
  #1  
Original Poster
 
Join Date: Oct 2009
Location: ATL Lost Luggage
Programs: Kettle with Kryptonium Medallion Tags
Posts: 6,794
Office Space: TSA renews lease for two 12-story buildings in Pentagon City

An update on TSA's Office Space:

Washington Business Journal:
TSA renews for five years in Pentagon City

Apr 26, 2013, 11:32am EDT Updated: Apr 26, 2013, 11:53am EDT


A short quote:
The Transportation Security Administration has reached a deal to remain in two Pentagon City office towers owned by Brookfield Office Properties Inc. The 546,000-square-foot renewal will buy Brookfield and the TSA time to plan for the agency's possible departure for larger space five years from now.


and
The TSA roughly fills out all of both 12-story buildings and may expand to larger space in the future, Meyer said. The extra time will give the TSA the chance to plan its future space needs and Brookfield a chance to position the buildings for future use if the TSA moves out.

Trying to fill more than half a million square feet of vacant office space would have been a challenge for Brookfield, especially since the region's overall vacancy rate has spiked significantly in the past year.

Wow! Two 12-story buildings - who would have guessed that it takes that much office space to ignore the public and Congress?
RatherBeOnATrain is offline  
Old Apr 28, 13, 9:47 am
  #2  
 
Join Date: Nov 2010
Location: Baltimore, MD USA
Programs: Southwest Rapid Rewards. Tha... that's about it.
Posts: 4,130
I wonder how much this half-million SF of leased space in one of the most expensive commercial real estate markets in the country costs the taxpayers each year.
WillCAD is offline  
Old Apr 28, 13, 9:57 am
  #3  
A FlyerTalk Posting Legend
 
Join Date: Oct 2004
Location: Between DCA and IAD
Programs: UA 1K MM; Hilton Diamond
Posts: 60,571
I wonder if they managed to get a good deal on the initial leases? IIRC, that was the point when Crystal City and Pentagon City office real estate was in a "bust" cycle largely due to BRAC, which moved a ton of DoD employees to Ft. Belvior (and contractors followed; I know my company closed 2 Crystal City offices and one in Rosslyn during that timeframe).
exerda is online now  
Old Apr 28, 13, 5:19 pm
  #4  
 
Join Date: Oct 2010
Posts: 516
I believe the TSA was supposed to join the rest of DHS on the old St. Elizabeth's' Hospital grounds, where TSA employees could enjoy a short survival run to the Metro everyday. But St. Elizabeth's won't ready soon, thus the lease extension.

I've also heard that only the Coast Guard will move to St. E's in the near future. They don't belong there. Given the hospital's history, however, it's perfect for TSA.
OldGoat is offline  
Old Apr 28, 13, 5:44 pm
  #5  
In Memoriam
 
Join Date: Feb 2000
Location: Easton, CT, USA
Programs: ua prem exec, Former hilton diamond
Posts: 31,801
What on earth does this have to do with Checkpoints and Border Policy Debate?

Ohhh, they renewed their lease and will stay right where they are. The real estate company said so on their stockholder call.

Maybe Flyertalk should just get a news feed so any story with the letters T S and A in it just gets it's own thread.

As to who would have guessed, since they have been in those two buildings already that they needed that much office space (and in another five years will move to a larger space?) I would bet most people would have guessed.
cordelli is offline  
Old Apr 28, 13, 11:16 pm
  #6  
 
Join Date: Jul 2007
Programs: QFF
Posts: 5,304
Why do they even need that much space?
Himeno is offline  
Old Apr 29, 13, 6:22 am
  #7  
FlyerTalk Evangelist
 
Join Date: Nov 2004
Location: ORD
Programs: UA 1K
Posts: 16,578
Originally Posted by Himeno View Post
Why do they even need that much space?
Gotta store all that confiscated stuff somewhere.
milepig is offline  
Old Apr 29, 13, 8:18 am
  #8  
 
Join Date: Feb 2006
Location: Cockeysville, MD
Programs: Marriott Rewards Lifetime Titanium, Amex Plat, Hertz Gold 5*, National Exec, AA Plat
Posts: 9,023
Originally Posted by milepig View Post
Gotta store all that confiscated stuff somewhere.
Is Milton in charge of this? Is this what is contained in TPS reports???
Mr. Vker is offline  
Old Apr 29, 13, 12:18 pm
  #9  
 
Join Date: Nov 2010
Location: Baltimore, MD USA
Programs: Southwest Rapid Rewards. Tha... that's about it.
Posts: 4,130
Originally Posted by Mr. Vker View Post
Is Milton in charge of this? Is this what is contained in TPS reports???
Milton Waddams never had anything to do with TPS reports, and any rumors to the contrary are just souless propaganda from the Bobs or Bill Lumburgh. Yeahhhhhhhhh...
WillCAD is offline  
Old Apr 30, 13, 12:53 pm
  #10  
 
Join Date: Jul 2011
Location: ONT
Programs: AA Gold, WN A-, UA S, HH ♦, IHG Spire, Hertz Prez O, TSA Disparager
Posts: 2,159
Originally Posted by WillCAD View Post
Milton Waddams never had anything to do with TPS reports, and any rumors to the contrary are just souless propaganda from the Bobs or Bill Lumburgh. Yeahhhhhhhhh...
This reminds me that I have to work this Saturday and Sunday.
Michael El is offline  
Old Apr 30, 13, 8:51 pm
  #11  
FlyerTalk Evangelist
 
Join Date: May 2000
Location: RDU/CHI
Programs: DL Plat, BA Silver, WN A-, AA LT Gold, IHG S/KIC, NCR EC
Posts: 12,264
I've been to that building. It's not particularly good space even by Federal government standards.
ElmhurstNick is offline  
Old May 1, 13, 8:47 am
  #12  
 
Join Date: Jan 2010
Posts: 64
Originally Posted by WillCAD View Post
I wonder how much this half-million SF of leased space in one of the most expensive commercial real estate markets in the country costs the taxpayers each year.
It should actually be fairly reasonable (in comparison to the rest of the Metro area). An article this week had the following numbers:

Chrystal City $39.43 sqft vs $50.97 for the Washington CBD or Rosslyn at $42.32.

The full article is http://www.arlnow.com/2013/04/30/cou...-to-arlington/.
zig666 is offline  
Old May 1, 13, 9:44 am
  #13  
 
Join Date: Aug 2006
Location: DCA / WAS
Programs: DL 2+ million/PM, YX, Marriott Plt, *wood gold, HHonors, CO Plt, UA, AA EXP, WN, AGR
Posts: 9,387
Originally Posted by RatherBeOnATrain View Post
Wow! Two 12-story buildings - who would have guessed that it takes that much office space to ignore the public and Congress?
They occupy a lot more space around town - that's not all they have.

Suppose to move to St. E's at some point - I'll bet the us taxpayers end up paying for both spaces for a significant period of time. Of course, they can just add staff to fill whatever space they take...
Global_Hi_Flyer is offline  

Thread Tools
Search this Thread
Search Engine: