FY2017 Portfolio report

SPC FY 2017 PORTFOLIO REPORT State Properties Commission

useful tools and websites:

SPC Website www.spc.georgia.gov

Building, Land and Lease Inventory of Property (BLLIP) www.realpropertiesgeorgia.org/bllip

Cover photo courtesy of Sherry Crawley, The Nature Conservancy

content

about

1

portfolio summary

4

buildings portfolio

14

space portfolio

18

lease portfolio

22

land portfolio

26

about
leadership
board members
vision, mission, values

leadership
Steven L. Stancil Executive Director/ State Property Office steve.stancil@spc.ga.gov

J. Frank Smith Deputy Executive Director
frank.smith@spc.ga.gov

Alisa Pereira Assistant Director alisa.pereira@spc.ga.gov

board members

Alan Skelton Vice Chairman State Accounting Officer

Governor Nathan Deal Chairman
Steve McCoy Member
State Treasurer

Brian P. Kemp Secretary/Treasurer
Secretary of State

Tricia L. Hise Citizen Member appointed by Lt. Governor

Phil Carlock Citizen Member appointed by Governor
Michael Howell Citizen Member
appointed by Speaker of the House

vision, mission, values

VISION To be the national leader
in State real estate portfolio management by exemplifying stewardship, accountability and integrity.

MISSION To advise, guide and maximize Georgia's real estate portfolio by applying industry best practices in asset, space and transaction management.

CORE VALUES Stewardship Accountability
Integrity Leadership
1

state properties commission

The State Properties Commission (SPC) was created in 1964 with the primary responsibility of acquisition and disposition of all Stateowned real property and real property interests. With the creation of the position of State Property Officer and the enactment of legislation realigning the management of the State's capital assets in 2005, the State Properties Commission was designated as Georgia's real estate portfolio manager. Additionally, SPC is equipped to conduct studies, research and evaluations, provide statewide policy leadership and coordinate master planning to guide and implement capital asset management.
As the State's real estate portfolio manager, the State Properties Commission's mission is to advise, guide and maximize Georgia's real estate portfolio by applying industry best practices in asset, space and transaction management.
SPC's primary focus is to provide accountability in its stewardship of the State's assets for the taxpayers of Georgia. Since 2005, SPC has become a unified and fully integrated real estate portfolio management office in charge of reviewing State Facility Strategic Plans, maximizing the value of the State's assets, increasing the utilization and efficiency of workplace environments and lease and land transactions, thereby offering state entities enterprise-wide leadership and advice. Portfolio Management is comprised of three distinct, but coordinated, programs: Asset Management, Space Management and Transaction Management.
2

Asset Management is the strategic function that manages the State's real estate assets to provide the maximum value to the State. The State Properties Commission's Asset Management Program has the responsibility to evaluate the value or interest of State owned and leased real property assets and to provide recommendations that increase its value to the State or the overall market value.
The overall goal of Space Management is to maximize the utilization of space to create efficient work environments. SPC's Space Management uses industry standards and public sector criteria to accomplish the following objectives:
Increase occupancy
Decrease vacancy
Improve the value of State-owned and leased space
Provide the most cost efficient workspace for State entities
SPC offers professional space planning services to State entities in meeting their space needs. These services include developing space utilization programs to determine square footage requirements and preparing schematic floor plans and design intent drawings to guide workspace layout and construction.
Transaction Management provides for all tasks related to owning, acquiring and disposing of real estate assets, whether owned or leased.

For SPC, Transaction Management is broken out into two divisions, Land and Leasing.
Land Division: All acquisitions or dispositions of the State's real property must come through the SPC. The Land Division assures that all acquisitions and dispositions of land in the State's name meet the legal, policy, and process requirements of the State. Properties owned by the Board of Regents and by Georgia Department of Transportation (DOT) are excluded. Acquisitions into the State include fee simple interests, conservation easements, access and other easements, and ground leases. Dispositions from the State include temporary revocable licenses, permanent easements, short or long-term ground leases and fee simple conveyances.

Leasing Division: SPC offers an array of leasing services to State entities in commercial or state-owned leased space. Services range from locating and procuring new lease locations to renewing or renegotiating existing agreements, as well as managing the State's lease inventory. The Division's responsibilities and functions include leasing assistance to State entities in both State and commercially owned facilities. During FY 17 SPC maintained an inventory of 2,352 lease agreements of which 1309 are managed by SPC, 676 are managed by agencies, and 367 are managed separately by the Board of Regents.

Governor Nathan Deal
3

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portfolio summary
2017 HIGHLIGHTS
total buildings in the portfolio | 14,889 State of Georgia | 10,085 Board of Regents | 3,519 GA Department of Transportation | 1,114 Community Service Boards | 171
total leases in the portfolio | 2,352 SPC managed | 1,309 Agency managed | 676 Board of Regents managed | 367
total State owned and leased acres of land | 756,432 total insured value of buildings
in portfolio | $34,034,711,370
Photo courtesy of Randy Tate, Altamaha River at Sansavilla WMA
4

portfolio summary

SPC Revenue Collected vs. SPC Expenditures
Total revenues collected and deposited into State treasury vs. total expenditures (all operating expenses including staff, surveys, appraisals and other operating expenses.)

$12,000,000

$10,400,973

$12,680,212

$10,000,000

$9,367,806

$8,000,000

$6,000,000

$4,000,000 $2,000,000

$1,815,651

$1,827,657

$1,852,190

0
2015

2016

Revenue Collected

Expenditures

5

2017

Total Revenue Collected for Leases, Easements & Revocable License Agreements during FY 2017
Further breakout of revenue generated by source to include land leases, easement & revocable license agreements and sales.

76%

Type of Revenue
Land Leases $9,617,289
Easements & revocable license agreements $99,120
Sales $2,963,803

1% 23%
6

portfolio summary

County by County Asset Portfolio Totals

County
Appling Atkinson Bacon Baker Baldwin Banks Barrow Bartow Ben Hill Berrien Bibb Bleckley Brantley Brooks Bryan Bulloch Burke Butts Calhoun Camden Candler Carroll Catoosa Charlton
7

Number of Buildings
33 6 18 4 570 9 193 177 31 30 273 65 15 6 78 181 68 160 33 85 15 141 18 62

Number of Leases 12 5 6 4 65 3 8 20 7 6 57 8 4 4 12 50 9 14 1 9 3 29 7 8

Total State

Total State

Owned Acreage Leased Acreage

4,973.37

0.00

7.02

0.00

18.97

0.00

6,449.27

0.00

5,612.31

0.00

3,332.42

0.00

1,859.15

0.00

1,075.45

0.00

38.45

0.00

9,040.96

0.00

2,069.81

0.00

629.22

4,304.74

6,714.10

0.00

2.63

0.00

22,746.29

2.00

988.87

0.00

10,088.90

0.00

459.10

0.00

6,836.32

0.00

4,125.55

0.00

16.30

0.00

759.48

0.00

43.64

0.00

37.63

145.00

Total State Owned & Leased Acreage
4,973.37 7.02 18.97
6,449.27 5,612.31 3,332.42 1,859.15 1,075.45
38.45 9,040.96 2,069.81 4,933.96 6,714.10
2.63 22,748.29
988.87 10,088.90
459.10 6,836.32 4,125.55
16.30 759.48 43.64 182.63

County
Chatham Chattahoochee Chattooga Cherokee Clarke Clay Clayton Clinch Cobb Coffee Colquitt Columbia Cook Coweta Crawford Crisp Dade Dawson Decatur DeKalb Dodge Dooly Dougherty Douglas Early Echols

Number of Number of Total State

Total State

Buildings Leases Owned Acreage Leased Acreage

473

57

9,091.15

0.00

6

4

4.48

0.00

96

5

1,299.20

0.00

15

13

1,993.69

0.00

717

46

5,221.12

36.42

64

9

543.38

0.00

127

39

501.17

0.00

38

4

337.02

0.00

145

46

857.52

0.00

125

18

5,334.59

0.00

63

11

1,770.71

0.00

133

11

137.45

2,787.00

44

9

633.10

0.00

69

18

2,803.17

0.00

12

2

2.23

0.00

164

12

1,562.91

0.00

90

6

3,509.28

3.00

99

6

21,615.83

0.00

89

14

8,932.50

17,023.00

367

138

3,580.75

0.00

100

13

610.45

0.00

48

2

3,423.76

0.00

123

47

16,520.46

0.00

76

13

2,060.63

0.00

61

9

2,346.34

0.00

6

2

4.01

0.00

Total State Owned & Leased Acreage
9,091.15 4.48
1,299.20 1,993.69 5,257.53 543.38
501.17 337.02 857.52 5,334.59 1,770.71 2,924.45 633.10 2,803.17
2.23 1,562.91 3,512.28 21,615.83 25,955.50 3,580.75 610.45 3,423.76 16,520.46 2,060.63 2,346.34
4.01

88

portfolio summary

County
Effingham Elbert Emanuel Evans Fannin Fayette Floyd Forsyth Franklin Fulton Gilmer Glascock Glynn Gordon Grady Greene Gwinnett Habersham Hall Hancock Haralson Harris Hart Heard Henry Houston
9

Number of Buildings
14 153 120 38 13 3 205 31 179 410 26 4 248 84 15 27 102 154 145 45 17 184 56 2 41 122

Number of Leases 11 11 19 5 12 12 22 19 8 181 12 2 32 11 5 13 87 9 81 4 6 6 11 3 17 30

Total State

Total State

Owned Acreage Leased Acreage

4,720.44

843.00

231.52

1,527.72

9,561.15

1,634.12

421.57

3.00

8.73

0.00

1.65

0.00

2,496.62

161.16

141.55

0.00

497.28

393.12

1,392.58

0.00

2,971.30

2,141.60

3.86

0.00

24,588.04

1.60

1,339.74

0.00

58.56

0.00

2,601.21

0.00

596.15

0.00

1,462.59

0.00

2,104.00

0.00

895.34

0.00

102.72

0.00

12,155.93

4,746.38

986.65

0.00

903.22

0.00

127.99

0.00

15,773.42

0.00

Total State Owned & Leased Acreage
5,563.44 1,759.24 11,195.27 424.57
8.73 1.65 2,657.78 141.55 890.40 1,392.58 5,112.91 3.86 24,589.64 1,339.74 58.56 2,601.21 596.15 1,462.59 2,104.00 895.34 102.72 16,902.31 986.65 903.22 127.99 15,773.42

County
Irwin Jackson Jasper Jeff Davis Jefferson Jenkins Johnson Jones Lamar Lanier Laurens Lee Liberty Lincoln Long Lowndes Lumpkin McDuffie McIntosh Macon Madison Marion Meriwether Miller Mitchell Monroe

Number of Buildings
18 18 67 24 23 71 44 35 54 25 94 57 28 75 27 227 104 56 263 63 45 5 156 11 53 180

Number of Leases 2 2 5 6 10 4 3 8 19 4 18 8 10 8 3 43 28 9 5 2 3 1 10 4 13 16

Total State

Total State

Owned Acreage Leased Acreage

7,192.05

0.00

806.07

0.00

6,142.62

0.00

10,314.83

0.00

739.37

0.34

3,802.11

0.00

203.25

0.00

235.11

0.00

282.74

0.00

16.64

0.00

9,038.33

0.00

890.40

0.00

912.38

0.00

3.86

669.00

25,301.89

0.00

3,164.01

0.00

660.08

0.00

637.05

12,539.00

61,660.30

0.00

922.08

226.54

1,500.71

0.00

3,223.92

0.00

15,095.60

0.00

4,687.49

0.00

1,686.70

0.71

1,983.55

0.00

Total State Owned & Leased Acreage
7,192.05 806.07 6,142.62 10,314.83 739.71 3,802.11 203.25 235.11 282.74 16.64 9,038.33 890.40 912.38 672.86 25,301.89 3,164.01 660.08 13,176.05 61,660.30 1,148.62 1,500.71 3,223.92 15,095.60 4,687.49 1,687.41 1,983.55

1100

portfolio summary

County
Montgomery Morgan Murray Muscogee Newton Oconee Oglethorpe Paulding Peach Pickens Pierce Pike Polk Pulaski Putnam Quitman Rabun Randolph Richmond Rockdale Schley Screven Seminole Spalding Stephens Stewart
11

Number of Buildings
55 190 129 212 82 54 31 50 122 17 12 35 29 53 246
3 96 12 355 58 5 29 63 149 26 74

Number of Leases 1 7 12 60 10 9 2 14 12 5 5 2 11 2 10 5 7 7 27 22 2 12 6 32 12 3

Total State

Total State

Owned Acreage Leased Acreage

114.08

0.00

6,076.53

0.00

3,711.21

22.68

1,878.95

0.00

989.24

0.00

1,565.81

0.00

1,205.81

0.00

15,094.20

75.50

2,841.62

0.00

154.88

0.00

2.00

2.37

566.71

0.00

3,434.62

0.00

6,153.86

2.90

15,641.28

0.00

2.00

0.00

5,050.52

0.00

17.91

0.00

1,776.16

5.30

1,247.61

110.53

2.21

0.00

2,152.84

11,457.60

3.86

2,892.07

1,094.43

0.00

61.10

0.00

1,784.99

4,912.94

Total State Owned & Leased Acreage
114.08 6,076.53 3,733.89 1,878.95 989.24 1,565.81 1,205.81 15,169.70 2,841.62 154.88
4.37 566.71 3,434.62 6,156.76 15,641.28 2.00 5,050.52 17.91 1,781.46 1,358.15
2.21 13,610.44 2,895.93 1,094.43
61.10 6,697.93

County
Sumter Talbot Taliaferro Tattnall Taylor Telfair Terrell Thomas Tift Toombs Towns Treutlen Troup Turner Twiggs Union Upson Walker Walton Ware Warren Washington Wayne Webster Wheeler White

Number of Buildings
170 27 96 414 26 53 21 84 339 61 60 24 61 22 9 137 62 90 40 268 6 131 70 4 121 210

Number of Leases 26 4 1 15 3 5 6 29 26 14 2 4 18 5 5 14 12 16 7 19 3 12 14 4 1 7

Total State

Total State

Owned Acreage Leased Acreage

2,172.88

0.00

13,946.12

184.54

2,357.42

0.00

13,988.93

0.00

2,119.41

0.00

11,997.69

0.00

93.15

2.69

4,241.94

0.00

4,236.20

0.00

5,692.80

168.54

503.53

0.00

2,920.33

0.00

1,602.18

0.00

33.14

0.00

313.17

206.45

317.67

866.51

240.82

1,227.28

22,805.42

0.00

492.15

0.00

31,168.72

3.91

3.00

0.00

1,570.31

0.00

29,274.63

3.03

1.15

0.00

8,462.13

0.00

2,030.64

6,628.61

Total State Owned & Leased Acreage
2,172.88 14,130.66 2,357.42 13,988.93 2,119.41 11,997.69
95.84 4,241.94 4,236.20 5,861.34 503.53 2,920.33 1,602.18
33.14 519.61 1,184.18 1,468.10 22,805.42 492.15 31,172.63 3.00 1,570.31 29,277.66
1.15 8,462.13 8,659.25

1122

portfolio summary

County

Number of Buildings

Whitfield

70

Wilcox

44

Wilkes

31

Wilkinson

14

Worth

9

Not Georgia*

46

Totals: 14,889

Number of Leases 19 2 8 3 3 22 2,404

Total State

Total State

Owned Acreage Leased Acreage

215.58

0.00

315.53

0.00

186.97

8,005.00

1,946.60

0.00

1,201.95

0.00

1,519.09

0.00

670,464.74

85,966.89

Total State Owned & Leased Acreage
215.58 315.53 8,191.97 1,946.60 1,201.95 1,519.09 756,431.63

NOTE: 1. Totals include Board of Regents, Department of Transportation & Community Service Board assets. 2. These totals (*) represent assets physically located outside of the state.

Photo courtesy of Jason Crawley, Altamaha Plantation
13

buildings portfolio

buildings portfolio
SPC is responsible for the acquisition and disposition of all state buildings and for maintaining a comprehensive inventory of all owned buildings in the portfolio; their size, use and other key criteria.
2017 HIGHLIGHTS
each agency is responsible for the maintenance and operation of state buildings in their custody
the state owned building portfolio consists of 14,889 buildings
Photo courtesy of the Georgia Building Authority, Georgia State Capitol
14

buildings portfolio
Top 10 Agencies with Most Gross Square Footage for Owned Buildings

80,000,000 70,000,000

80,056,683.06

60,000,000

Square Footage

50,000,000

40,000,000

30,000,000

20,000,000 10,000,000

13,910,437.0102,330,1757.0,3037,462.775,120,266.261,491,753.050,350,960.004,492,874.540,373,435.030,092,883.84

0 State BoDaTerepdcaohrtfnmiRceeangl teCnootflslCeDogreerpeScaytsrittoemnmesnotfoGfGeNoearoBgtGureigaerhaioaalrvRWgioeiarosaoBrlluudHriclCedeoaisnlntgghrAaeunstsdhCDoerenitvtyeelrAoApgumtehenontraGitlcyeDoiiresgaisbailPiDtoieertpssaArtumthDeonertpitoayfrtAmgernictuoltfuTrreansportation

15

Top 10 Primary Use Types for Owned Buildings

Use Type

Warehouse, storage, shop, maintenance
Residence, house, apartment, dormitory
Classroom, faculty, library, training
Office
Comfort station, bathhouse,
welcome center
Land
Student services, recreation, event,
entertainment
Athletic facility
Medical, clinical
Laboratory

1,285 910 902 378 267 224 182 181 162

4,372

0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500
Number of Buildings 1166

buildings portfolio

Breakdown of State Owned Building by Age (in years)

38%

Breakdown of State Owned Buildings by Age (in years)
Age of Ownership Breakdown of State Owned Buildings by Age (in years) Breakdown of State Owned Buildings by Age (in years) of Buildings Breakdown of State Owned Buildings by Age (in years)

23%

0 to 20 Years BuildingsOwned0To20YearsAsPercentageOfTotal B uild in gsOwned0To20 YearsAsPercentageOfTo tal
Breakdown of StateBuOildiwngsnOwended2B1Tuo3il0dYeianrsgAssPerbceyntaAgegOefTo(tailn years) BuildingsOwned2B1uTiold3in0gYseOarwsAnesPde0rTcoe2n0taYegaerOsfATsoPtearlcentageOfTotal B uild in gsOwned31To4 0YearsAsPercentageOfTo tal BuildingsOwned3B1uTiold4in0gYseOarwsAnesPde2r1cTeon3ta0gYeeaOrfsTAostPael rcentageOfTotal 21 to 30 Years BuildingsOwned41To50YearsAsPercentageOfTotal BuildingsOwned4B1uTiold5in0gYseOarwsAnesPde3r1cTeon4ta0gYeeaOrfsTAostPael rcentageOfTotal BuildingsOwned51YearsAndOverAsPercentageOfTot al BuildingsOwned5B1uYieldainrsgAsnOdwOnveedr4A1sPToe5rc0eYnetaargseAOsPfTeortcentageOfTotal al
Build in gsOwned51YeaBrsuAilnddinOgvseOrwAsnPeedr0cTeon2ta0gYeOarfsTAost PercentageOfTo tal al
31 to 40 YearsBuildingsOwned21To30YearsAsPercentageOfTotal
BuildingsOwned0To20 YearsAsPercentageOfTotal BuildingsOwned31To40YearsAsPercentageOfTotal
B uild in gsOwned41To5 0YearsAsPercentageOfTo tal
41 to 50 Years Breakdown of State Owned Buildings by Age (in years) BuildingsOwned51YearsAndOverAsPercentageOfTot al
BuildingsOwned21To30YearsAsPercentageOfTotal

51 Years or older BuildingsOwned31To40YearsAsPercentageOfTotal BuildingsOwned0To20YearsAsPercentageOfTotal B uild in gsOwned21To3 0YearsAsPercentageOfTo tal
B uild in gsOwned31To4 0YearsAsPercentageOfTo tal
B uild in gsOwned41To5 0YearsAsPercentageOfTo tal
BuildingsOwned41To50YearsAsPercentageOfTotal BuildingsOwned51YearsAndOverAsPercentageOfTot al

BuildingsOwned51YearsAndOverAsPercentageOfTot al

17%
12% 10%

17

space portfolio

space portfolio
SPC's Space Management offers a full range of professional space planning services to State entities in meeting their space needs. For those State entities submitting requests for administrative space, Space Management not only develops space utilization programs to determine square footage requirements, but also prepares schematic floor plans and design intent drawings to steer workspace layout and construction.
2017 HIGHLIGHTS
received and processed 1,167 space action requests from State agencies

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18

space portfolio
In FY 2017, the SPC Commission received 1,167 space requests from state agencies. The use and transaction types of space requested are illustrated in the two charts below.
Percentage by Primary Use Type Requests Submitted to SPC during FY 2017

70%

Administrative/Office Classroom/Faculty Offices Classroom/Training Rooms Towers Warehouse/Storage Other Uses

9% 1% 15% 4% 1%
19

Percentage of Space Action Request Types submitted to SPC during FY 2017

4%

2%

54%

36%

4%

New

Renegotiation

Renewals

Cancellation

Other

2200

space portfolio
SPC tracks the square footage per employee in leased space to drive efficiency in space utilization. The chart below illustrates the average square footage of space per employee from 2013 to 2017.
Change in Space Standards for Administrative Office Spaces (measured in square feet per person)
500

SF/PP
SF/PP

400

346
300

200

288 244

353 302

100

0 Avg SF Per Person

2013 346

2014 288

2015 244

2016 302

2017 353

*Space Standards were revised in 2008, 2012, 2014 & 2015*

Comparison tandards were revisedin 2008, 2012, 2014 & 2015* of Georgia's Space Standards (in square feet) to Public and Private Sector

Office

Georgia

Virginia

Kansas

Massachusetts GSA (Federal) Private Sector Corporate

120-220 SF 120-196 SF 110-400 SF 100-200 SF 250-300 SF

120-225 SF

Cubicle 49-64 SF 48-96 SF 45-100 SF 42-100 SF 64-200 SF

20-48 SF

21

lease portfolio

lease portfolio
The leasing of administrative space for use by State entities is also within the purview of SPC. The Leasing Division provides management and oversight of the State's leased property portfolio, as well as leasing assistance to State entities in both State and commercially owned facilities.

2017 HIGHLIGHTS
lease portfolio consists of 2,352 leases, of which SPC manages 1,309
SPC completed 8 multi-year lease agreements in FY 2017
multi-year lease agreements' cost avoidance for FY 2017 was over $32M

FY 2017 Total Leases

2,352
lease agreements

1,309
leases managed
by SPC

676
agency managed
leases
367
Board of Regents managed
leases

22

lease portfolio
Multi-Year Leases
Since the ratification of the Constitutional Amendment in November 2012, which authorized SPC to enter in Multi-Year Leases (MYLs), SPC and the Georgia State Financing and Investment Commission (GSFIC) developed and implemented procurement policies to provide transparent and efficient practices that safeguard Georgia's AAA credit rating. For FY 2017, GSFIC set a total MYL contract obligation limit of $100 Million. In FY 2017 SPC executed eight (8) MYLs for a total of 208,114 rentable square feet with $26,774,100 total contract obligation, and $32,028,600 total cost avoidance. As of June 30, 2017, another eleven (11) MYLs were in the process of lease negotiation or pending SPC Board approval.
Department of Public Health, Office of Vital Records in Atlanta
23

The chart below illustrates cost avoidance by the state year over year since gaining the MYL ability.
Cost Avoidance With Multi-Year Leases

$35,000,000 $30,000,000

$32,113,200

$32,028,600

$25,000,000

$20,000,000

$15,000,000

$10,000,000 $5,000,000

$5,069,200

$6,574,600

0

2014

2015

2016

2017

24

lease portfolio

FY 2017 Executed Multi-Year Leases

Entity
Council of Juvenile Court Judges
Department of Banking and Finance

Sub-Entity N/A N/A

Square Feet 3,394
15,459

City Atlanta Atlanta

Department of Human Services

Division of Child Support Services

5,898

Eastman

Department of Human Services
Department of Human Services
Department of Public Health
Department of Transportation (expansion)*
Department of Transportation
Secretary of State
Total Contracts Signed in FY 17

Division of Family & Children Services

25,000

Decatur

Division of Family & Children Services

8,217

Jasper

Vital Records and Emergency
Management

28,275 College Park

N/A

5,188

Atlanta

N/A

33,030 Gainesville

N/A

83,653

Macon

8

208,114

County Fulton DeKalb Dodge DeKalb Pickens Clayton
Fulton Hall Bibb

Landlord
230 Peachtree, LLC
DRA CRT Chamblee Center LLC
Dodge County Eastman Development
Authority MLMT 2008-CA 2910
Miller Road, LLC Pickens County Board
of Commissioners
Ackerman Phoenix Two, LLC
GPT Properties, LLC
Lareve Properties, LLC
Macon-Bibb County

*Transaction was a lease amendment; therefore it is not included in total leases executed for FY2017.

25

land portfolio

land portfolio
SPC is responsible approving all acquisitions or dispositions of the State's real property. The Land Division assures that all acquisitions and dispositions of land in the State's name meet the legal, policy, and process requirements of the State.

2017 HIGHLIGHTS
SPC Board approved 111 items in FY 2017.
General Assembly approved 50 properties for Surplus/Conveyance in FY 2017.

Number of Transactions

80
70 69

SPC Board Meetings Approved Items from FY 2017

60

2016

50 44

2017

40

30 20 10
0
Ac-FqeueisiStiimonpsle

21

21
-ACcoqnusEieasristveiaomtnieosnnts

10 63 12

Ac-qEuaisseitmioennsts

-GAcroquunisditLioenasse-Quit CRleavimersDioened

9 15
-ADpipsproovsietiSoanle-ShorDt TisepromsiLtieoanse

Transaction Type

13 10
Other Items

26

land portfolio
SPC Legislation Items Approval Change Year over Year
Year-over-year comparison of number and type of conveyance presented to the General Assembly.
30

Number of Transactions

25

20

2016

20

2017

15
11
10
5
0
Easements

8

45 1
ConveyatnocSee-ll GCoonvevrenymanecnet-otor GloDcaOlT

4 3
CGornovuenydanLceea-se

Transaction Type

33
ConvEexycahnacneg- e

10 11
ConvEexypaendciete-d

27

Number of Transactions

Land - Other Items 2017
Number and type of additional transactions completed by SPC staff during FY 2017.

30
27

25

24 23

20

15

16

15

15

13

10
10

5

17 6

0
CertificTatitiolens

ExecOutridveers

SPO AppRrLoAv'esd

RevieCwE sAAppppraroisvael d

RevieCwEsA/IpnpPrraoiscaelss

2016

Transaction Type

2017

28

land portfolio

General Assembly Approved Surplus/Conveyance: Completed
Note: Table Includes All Fully Executed Conveyances Completed In Fiscal Year 2017. However, General Assembly Approval May Have Occurred Prior To Fiscal Year 2017.

29

Agency County DNR Butts DNR Butts
DNR Monroe

DOC SPC

Baldwin Bartow

SPC Bartow

DNR SPC

Chatham Gordon

TCSG Henry

TCSG Henry DNR Houston DNR Paulding TCSG Sumter SPC Bartow

Tract Name Cheryl McCullough IRA Tract
Shirey Tract
Magee Tract
Laying Farm Road Kingston Hwy Tract
WARR
TNC Tract W&A RR
Southern Crescent Tech (Henry Co. Campus) Industrial Training & Technology Building Robert Byrd Tract
Johnny Monk Tract
Southern Field Property Various Navigable Waters
Total Acreage

Acres N/A
N/A
N/A
1.276 0.13 0.8 3.256 0.12 1.981
0.36 3.146 11.078 0.025 2.6
24.77

Consideration

Grantee

Conveyance Type

Nominal

United Bank as Custodian of Cheryl McCullough IRA ("Homeowner")

Boundary Line
Agreement

Nominal

Merlin Jimmy Shirey, Judy P. Helms(formerly known as Judy P. Shirey), Jay Shirey and Jeremy Shirey

Boundary Line
Agreement

Nominal

Kimball P. Magee, Jr. and Susan V. Magee ("Homeowners")

Boundary Line
Agreement

Total Boundry Line Agreement Conveyances

3

$11,500 Sol America

Easement

$12,350

Transcontinental Gas Pipe

Easement

Line Company, LLC (Transco)

$3,000

Transcontinental Gas Pipe

Easement

Line Company, LLC (Transco)

Nominal Georgia Power Company

Easement

Nominal Georgia Department of Transportation

Easement

Nominal Snapping Shoals Electric Membership Corporation

Easement

Nominal Henry County

Easement

Total Consideration

Nominal $23,940 $7,000 $2,080
$59,870

Georgia Department of Transportation
Transcontinental Gas Pipe Line Company
Georgia Department of Transportation
Transcontinental Gas Pipe Line Company, LLC (Transco)
Total Easement Conveyances

Easement Easement Easement Easement
11

Agency County

Tract Name

TCSG DPS
DNR

Camden Chatham
Gwinnett

Camden County Campus
Parking Easement/ Vehicular & pedestrian Access Easements
West Tract

Acres 27.72 0.247
3.696

SPC DNR GFC DNR

Fulton Barrow Jefferson

7 & 15 Wall Street Property
Total Acreage
Fort Yargo State Park Tract
Total Acreage
Former Wrens Tower Site

2.62
34.28 103.396
103.396 0.1875

Appling

Total Acreage Baxley Wilderness

0.1875 10.24

Consideration

Grantee

Property & $10,000
Property

Gross Timber & Land, LLC City of Garden City, Georgia

Conveyance Type
Exchange
Exchange

Property Property

Melissa Bowen, Allison Bowen Cape and Elizabeth Bowen Phelps
Georgia Building Authority

Exchange Exchange

Total Exchange Conveyances Nominal/Yr. Fort Yargo State Park Tract

3 Lease

Nominal $80,000

Total Lease Conveyances
R. Wayne Smith as the Sole Successor to Mary Sanders Kilgore
Total Reversion Conveyances
Terry Michael Green

1 Reversion
1 Sale

DBHDD Baldwin Pine Knoll Houses

3.3

DPH DeKalb Skyland

5.3358

DNR
GFC DNR
GFC

Effingham Portion of Abercorn Island
Glascock GFC Tower Site
Gwinnett Lawrenceville Labor Office
Hancock GFC County office

1,080
0.08 4.67
1.68

DOD GFC

Hart Paulding

Portion of Hart National Guard Armory
GFC County office

Total Acreage

0.314

2.12

1,107.74

Total Consideration

$82,500 $2,795,000
Nominal Nominal $234,000* Nominal $10,000
Nominal $3,201,500

Central State Hospital Local Redevelopment Authority DeKalb County Board of Education Georgia Department of Transportation Glascock County, Georgia Richard Ashley Goldberg
Hancock County Board of Commissioners John Starrett, Jr. and Rene Starrett
Paulding County, Georgia
Total Sale Conveyances

Sale Sale Sale Sale Sale Sale Sale
Sale 9

30

270 Washington Street Suite 2-129 Atlanta, Georgia 30334 800.georgia | 800.436.7442 www.spc.georgia.gov