FY 2020 PORTFOLIO REPORT SPC State Properties Commission REAL PROPERTY REAL SOLUTIONS $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 REVENUE TO TREASURY VS. EXPENDITURES 2017 2018 2019 2020 Revenue Collected Expenditures SPC tracks the revenue derived from the sale and lease of state owned assets, compared to the cost of SPC's operations, showing a significant annual benefit to Georgians. The State Properties Commission (SPC) is the real estate portfolio manager for the state and is responsible for the acquisition and disposition of all state-owned real property or real property interest with the exception of the Board of Regents and Department of Transportation. AGE OF STATE OWNED BUILDINGS 0 - 20 Years 23% 51 Years and Over 37% 21-30 years 15% 31-40 Years 14% 41-50 Years 11% SPACE ACTION REQUESTS BY TYPE Renegotiation 35% New 4% Other 1% Cancellations 9% Renewals 51% STATE STANDARDS FOR ADMINISTRATIVE SPACE 400 350 300 250 200 150 100 50 0 2016 2017 2018 2019 2020 SPC's Space Management Division received and processed 1,017 space action requests from State agencies. SPC tracks the square footage per employee in leased space to drive efficiency in space utilization. State Properties' lease on behalf of the Department of Family and Children's Services secured this new long term home for the agency in Winder, GA PORTFOLIO SUMMARY Total Buildings in Portfolio 14,719 Total Insured Value of Buildings $32.7 billion Total Owned and Leased Land 848,763 acres Total Leases in Portfolio 2,255 Total Square Footage of Leases 42,097,000 PROPERTY FAIR MARKET VALUE VS. ACQUISITION PRICE $50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2017 2018 2019 2020 Total Average FMV Total Acquisition Price BOARD APPROVED ACQUISITIONS AND DISPOSITIONS 140 120 100 80 60 40 20 0 2016 2017 2018 2019 2020 Acquisitions Dispositions SQUARE FEET PER PERSON FFYFYY220200222000SLtaSELteteaXoteaef GoEsaef oGCersegoiUaerEg| SiTaPEx|CESPeDxCceLucEtuAiotSinEoSn LLeeaaassseeeSSiiSzzeeiz((eSSFF()S) F) AAgegAnecgnyceyncy L11and/Tower DAADuAdAiAts 222---111555,0,,00000000 DCCDoAmCAmunity Affairs DCCDoHmCHmunity Health 111555,0,,00000111---333000,0,,00000000 DCCDoSmCSmunity Supervision 333000,,00,0000111---555000,0,,00000000 DDDDefDense FFiniFnaiannnacncinicnging&g&I&nIvnIenvsvetesmstmetmnetennt t 555000,,00,0000111---11110110,04,4,4445455 FFooFrroeesrsetrtsyrtyrCyCooCmmommmismissisiosisnoinon DDDDriSDveSrs Services PuPbuPlicbulbDicleicDfeDenfedefenerdnCedroeuCrnoCcuoilnucnicl il VoVcoVactoiaoctnaioatilnoRanelahRl aeRbheialhitbaaibtliiotlianttaitoionn DHHSDumHSan Services GBGIGBIBI JuJduiJcduiiadcliicBailraaBlnrBcarhnacnhch DJJJuDvJeJnile Justice DNNRDatNuRral Resources DPPHuDbPlHic Health 5599 129129 441 441 575 575 278 278 123 123 2323 985 985 85 85 2020 520 520 DPS PDuPblSic Safety PubliPcPuTubebllielcicToeTmeleleccoomm StudSeSntuttudFdeinenantntFcFieninaannccee TeacTheTeear'acschRheeert'rsi'rseRmReeetitnriretemmeenntt TechTneTicecachlhnCnicoicallael lgCCeoolSlleylegsgteeemSSyysstetemm DVS VDetVeSrans Services WorkWeWrosor'krCekoersmr'sp'CeConomsmaptepionensnastaitoionn 475 185 475 185 75 75 82 82 25 1 25 116 16 19 19 95 95 Prepared by: Cathi Balch FY 2020 PORTFOLIO Preparedby:CathiBalch Source Savills Research using ESRI REPORT SPC Source Savills ReseaStractehPruopseirntiges CEoSmmRiIssion REAL PROPERTY REAL SOLUTIONS FY 2020 LEASING SUMMARY New/renegotiated leases signed 131 Annual rent of signed leases (first year) $1,133,116 Average rent per square foot $10.79 MULTI-YEAR LEASES Multi-year leases executed Total value of leases 15 $84,697,000 Square Feet SPC LEASE EXPIRATION SCHEDULE 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 0 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 All leases end of option periods Multi Year Leases current expiration MULTI-YEAR LEASE COST AVOIDANCE Cost avoidance by the state year over year since gaining the MYL ability $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $0 2015 2016 2017 2018 2019 2020