TFC's State Leasing Services program procures and manages leased facilities to meet state agencies operational needs throughout the State of Texas. The program manages approximately 1,000 active leases for office, warehouse, and training purposes for 37 state agencies in 283 Texas cities and towns. The program evaluates agencies facilities requirements; monitors real estate market rent and operating cost characteristics and procures, negotiates and manages lease contracts that represent the best value to the State. TFC's leasing portfolio is approximately 10.8 million square feet with a monetary value of approximately $154 million.