HC Government Realty Trust, Inc. Announces Lease Award to Build a New FBI Office in Daytona, FL.
WINSTON-SALEM, NC – HCGRT is pleased to announce that the Company has been awarded a new lease in Daytona, FL for the Federal Bureau of Investigation (FBI). With a 15-year term (and 10-year renewal option), this new 12,000 square foot facility will be built to FBI’s specifications to support their day-to-day activities and will include state of the art finishes and security systems. Construction is estimated to begin in November 2022 with occupancy commencing early 2024.
HCGRT President Philip Perry added the following statement to today’s announcement:
“We are incredibly excited about the opportunity to construct this build-to-suit facility for the FBI. The awarding of this lease demonstrates our team proven experience and strong reputation with GSA. We are grateful to be entrusted to provide a facility to support the FBI in their mission today and for many years to come.”
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 Veterans Affairs. For more information, please visit our corporate website at www.hcgovtrust.com.
Released June 21, 2022