HC Government Realty Trust, Inc. Announces Additional Team Member for Development of Built-to-Suit GSA Properties, Appointment of Michael Worrell as Senior Associate.
WINSTON-SALEM, NC – HC Government Realty Trust Inc. (“HCGRT”), today announced the appointment of Michael Worrell to the position of Senior Associate. This appointment supports HCGRT’s expansion into pursuing the development of Built-to-Suit and Renovate -to -Suit properties for the U.S. Government.
Chief Operating Officer John W. Braswell added the following statement to today’s announcement:
“During the past 5 years, Michael has played a critical role with the GSA Development Team that is now part of HCGRT. Michael will utilize his many years of experience to assist with acquisitions by identifying GSA leased assets conforming to HCGRT’s investment strategy. His oversight of HCGRT’s CRM database will play a vital role in managing relationships, retention of historical data, lead generation and project tracking. Everyone at HCGRT is excited he has joined the platform to support our next phase of growth and the long-term goals of the Company.”
HCGRT’s real estate portfolio currently includes 27 properties representing approximately 508,000 rentable square feet across 12 different agencies located in 18 states.
About HC Government Realty Trust, Inc.HC Government Realty Trust, Inc. was formed in 2016 with the purpose of acquiring and operating GSA properties, which are full-faith credit obligations of the U.S. Government. GSA-leased real estate asset classes typically possess a highly stable tenant base, long-term lease structures and low risk of tenant turnover. The Company’s initial portfolio consists of U.S. Government tenant agencies, including a number of the U.S. Government’s largest and most essential agencies, such as the Drug Enforcement Administration, the Federal Bureau of Investigation, the Social Security Administration and the Department of Transportation. For more information, please visit our corporate website at www.hcgovtrust.com
Released January 13, 2022