2 min

Saving Taxpayer Dollars GSA's Real Estate Overhaul Commercial Real Estate Daily

    • Investing

In a bid to reshape and optimize the federal real estate landscape, the General Services Administration (GSA) is seeking a significant allocation of $425 million from President Joe Biden’s proposed $7.3 trillion fiscal year 2025 budget. This allocation aims to revamp federal buildings, making them conducive for more workers while expediting the sale of redundant federal real estate, as outlined in a recent GSA press release.

In a bid to reshape and optimize the federal real estate landscape, the General Services Administration (GSA) is seeking a significant allocation of $425 million from President Joe Biden’s proposed $7.3 trillion fiscal year 2025 budget. This allocation aims to revamp federal buildings, making them conducive for more workers while expediting the sale of redundant federal real estate, as outlined in a recent GSA press release.

2 min