Government Lease Renewal Risk: The company's revenue is heavily reliant on the renewal of leases with U.S. government agencies, and there is no guarantee these leases will be renewed upon expiration, or renewed on favorable terms.

Interest Rate Fluctuation Risk: Rising interest rates could increase the company's borrowing costs, reduce the value of its properties, and make it more challenging to finance future acquisitions or refinance existing debt.

Federal Budgetary Constraints Risk: Federal government spending cuts, sequestration, or prolonged government shutdowns could lead to reduced demand for leased space, delayed payments, or non-renewal of leases, impacting the company's financial performance.