New Studley hire aims to help public agencies freeze their real estate footprint
November 4, 2013

Jim Reidy Studley

With increasing pressure on federal agencies to reduce their need for space, tenant representative firm Studley Inc. has recruited a former from Deloitte Consulting employee to help the public agencies slim down.

Studley recently named Jim Reidy as senior managing director in the brokerage's D.C. office, where he will be responsible for growing the firm's Public Sector Consulting Practice. Reidy previously worked in Deloitte's Real Estate & Location Strategy Practice, where he helped a wide range of private- and public-sector employers shed space and work more efficiently in space they already occupy...

Studley is already among a handful of brokerages that work with the General Services Administration under the its broker contract program, which pairs the GSA and real estate brokers to oversee specific solicitations for new space. But while GSA handles much of the federal government's needs, Studley is hoping to consult with agencies on how they're using their existing space before they need to seek out new areas. Part of the process could involve helping agencies prepare official requests to the GSA.

"We've built a large and stable services practice doing that, but what it comes down to is those transactions represent just a small part of the overall market," David Lipson, co-regional manager of Studley's D.C. office said. "We're not looking for transactions. This is looking for real solutions that can be implemented..."

New Studley hire aims to help public agencies freeze their real estate footprint

Related Stories

New Studley hire beefing up industrial team
Cool Office Designs