GSA Relists Major Federal Office Building in D.C.
A substantial federal office building located at 301 Seventh Street SW in Washington, D.C., has been reinstated on the General Services Administration (GSA) disposal list after being removed just a month prior. This nearly 1 million-square-foot facility, previously considered for the new Federal Emergency Management Agency (FEMA) headquarters, has been on the GSA’s radar for several months.
Details of the Re-Listing
The latest updates from the GSA include the addition of seven properties earmarked for potential disposal, including the aforementioned Regional Office Building. This decision aligns with the GSA’s ongoing efforts to streamline its real estate holdings and reduce unnecessary expenditures.
Background on GSA Disposals
This round of listings represents the third instance in 2023 where properties have been added to the GSA’s “accelerated dispositions” webpage. Following an announcement on March 4 outlining the intention to offload 443 “non-core” properties across various locations, the GSA pulled back shortly thereafter to reassess feedback. Subsequently, properties began appearing back on the list by late March.
Properties Included in the Recent Listing
Among the seven newly added properties, several had already been targeted for disposal under the Biden administration’s plans, such as:
- The Regional Office Building in D.C.
- Brickell Plaza Building in Miami (145,490 square feet)
- James V. Hansen Federal Building in Ogden, Utah (173,692 square feet)
- Montpelier Federal Building in Montpelier, Vermont (65,650 square feet)
Future of the Properties
While the future steps for these properties remain uncertain, the GSA has voiced intentions to explore various alternatives for disposition, including sales or transfers. A spokesperson for the GSA emphasized that the agency aims to be a responsible steward of taxpayer resources by minimizing idle space and associated costs.
Long-Term Objectives of the GSA
The GSA’s move is part of a broader initiative that has been in motion for over a decade, gaining momentum under the Trump administration and the more recently formed Department of Government Efficiency (DOGE), led by Elon Musk. The ongoing strategy includes plans to consolidate office spaces and reduce the number of federal leases, with DOGE claiming to have already terminated 676 leases nationwide.
As these changes unfold, the continued transparency regarding which properties are to be disposed of remains imperative, particularly in understanding the roles of different administrations in this evolving landscape.
For further inquiries, Nick Trombola can be reached at nt*******@co****************.com.