The General Services Administration (GSA) oversees an incredible 363 million square feet of space across 8,397 buildings in over 2,200 communities nationwide. These properties go beyond office buildings—they include courthouses, laboratories, data processing centers, and even land ports of entry. Yet, it’s now known that under the Department of Government Efficiency’s (DOGE) budget-cutting action, federal offices around the country are slated to close and hundreds of real estate leases are slated to end. What strategies could reshape GSA’s owned assets in today’s oversupplied market, and how might they decide which properties and vendors to maintain or release?
On April 23rd BOMA International held a webinar on Impact of GSA & Federal Asset Dispositions. We explored these pivotal questions and addressed transformative opportunities for buyers, investors, and communities alike where neighborhoods could be reimagined, spark industry movement, and find optimism in what’s ahead.
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