REAL PROPERTY DEVELOPMENT RESOURCES

In order to promote, expand and aid investment and economic activity, GEDA is uniquely positioned to assist individuals and or firms in real property development. Through its various available programs, GEDA is able to directly assist investment opportunities via loan programs, tax incentives or identifying available public lands for development.

Certain public lands and properties are managed by GEDA’s Real Property Division with GEDA’s Industrial Parks, the Guam Ancestral Lands Commission (GALC) which oversees those properties returned by the U.S. Government to GovGuam, with all remaining public lands being under the purview of the Chamorro Land Trust Commission (CLTC). Other government agencies also manage various public properties within their own purview to include the Guam International Airport Authority (GIAA) as well as the Port Authority of Guam (PAG).

INDUSTRIAL PARK PROGRAM
GEDA is also responsible for the development and management of the Industrial Park Program which consists of 26 individual property leases on 177 acres of developed land spread over parts of Harmon, Tamuning and a 2.8 acre lot within the Port Authority. The program has generated an average annual employment of 1,000 jobs, average annual payroll of over $20 million, average annual gross sales of $70 million, and annual gross receipts tax of $2 million. Activities in the park include light manufacturing of carpeting and bindings, light manufacturing of household and commercial furniture and appliances, boat assembly and servicing, vehicle equipment and storage, helicopter servicing, commercial printing, tire repair, film processing, cold and dry storage, solar panel sales and operations, fitness centers, restaurants, dry cleaning, medical clinics and an electric power substation.

With GEDA’s own internal divisions or working in concert with other government or private entities, GEDA is also able to provide pertinent information and assistance in guiding potential investors with navigating the most current local and federal statutes, regulations and procedures with regard to real property development.

FAQ’s

HOW CAN I LEASE GOVERNMENT PROPERTY?

HOW LONG CAN I LEASE GOVERNMENT PROPERTY?

HOW MUCH DOES IT COST TO LEASE GOVERNMENT PROPERTY?

WHO DO I CONTACT IF I WANT TO LEASE OR RENT GOVERNMENT PROPERTY?

WHAT SHOULD I INCLUDE IN A LETTER OF INTEREST?

HOW CAN I FIND INFORMATION ON LEASING, RENTING, BUYING PRIVATE PROPERTY?

 

DOWNLOADS

LINKS
Guam Ancestral Lands Commission (GALC)
Chamorro Land Trust Commission (CLTC)
Guam International Airport Authority (GIAA)
Port Authority of Guam