FAA Regional Headquarters

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the FAA Regional Headquarters and Air Traffic Organization Western Service Center, the (“Property”), a mission-critical facility located in the Seattle MSA. This offering represents one of the most compelling GSA-leased investment opportunities in the United States, backed by the Federal Aviation Administration’s essential operations. The property is secured by a long-term lease with the U.S. Government with no cancellation options. This presents an extremely rare opportunity to own long-term Government credit with mission-critical operations in an irreplaceable location.

The FAA Regional Headquarters in Des Moines, Washington, occupies a strategic location on a long-term ground lease. Its proximity to Seattle-Tacoma International Airport, one of the nation’s busiest, aligns with the FAA’s practice of situating Regional Headquarters near major airports. Des Moines’ waterfront access and affordability compared to nearby urban centers also makes it an attractive location for government workers, enhancing the appeal of this critical facility.  

The Property stands out as one of just nine FAA Regional Headquarters in the country. This presents an incredibly rare opportunity as the most recent FAA Regional Headquarters to sell in the entire the United States was 7 years ago. The Property dual serves as the Western Region Service Center, one of three Air Traffic Organization (ATO) Service Centers in the country. The ATO Service Centers provide crucial operations benefiting air traffic services, technical operations, and system operations for the FAA.  

Constructed as a 2018 build-to-suit by developer Panattoni, this is the newest FAA Regional Headquarters in the county and is being offered well-below replacement cost. The Property has received continual improvements and investment by the FAA (at their cost) to support its highly specialized functions. These investments have created a “future-proof” facility that houses a mission-critical, 24/7 Remote Operations Center providing emergency response services to tower controlled airports in the region. 

The building’s TSA-style security at entry, including 24-hour gated, armed guard entry to the property, underscores its importance to national aviation operations and highlights the minimal relocation optionality for the tenant. The high probability of lease renewal is further driven by the Property’s specialized infrastructure, strategic location, access to light rail, and the impractical and costly nature of relocation. Further enhanced by urban-style amenities, the Property includes a full-service dining hall with indoor/outdoor seating areas, EV charging stations, and a fitness center with showers and lockers. These features contribute to the asset’s long-term viability and attractiveness to the tenant. 

This investment opportunity allows investors to acquire long term U.S. Government credit in the newest facility of its kind. The favorable ground lease structure with the Port of Seattle and fixed escalations provides additional stability to the investment. As the Seattle MSA continues to grow and evolve as a major tech hub and economic powerhouse, the FAA Regional Headquarters and Western Service Center stands poised to benefit from the region’s ongoing development and critical importance in the national aviation network. This offering represents a unique chance to own a critical piece of infrastructure in one of the most dynamic metropolitan areas in the United States.