Buildings include the Montpelier Federal Building - Montpelier, VT, and the Brickell Plaza Building - Miami, FL. Image: Erika J Mitchell/Shutterstock.com
By: FEDweek StaffThe GSA has started the process under which eight federal buildings can be transferred, exchanged, or sold to a federal, state, or local entity or the public, adding that it “GSA will work closely with customer agencies whose spaces are affected by disposition decisions to plan and budget for relocation.”
The buildings are: Montpelier Federal Building – Montpelier, VT; Brickell Plaza Building – Miami, FL; Charles A. Halleck Federal Building – Lafayette, IN; Bismark Federal Building – Bismarck, ND; James V. Hansen Federal Building – Ogden, UT; Gus J. Solomon U.S. Courthouse – Portland, OR; Richard B. Anderson Federal Building – Port Angeles, WA; Federal Office Building, 301 7th Street SW – Washington, D.C.
Combined with similar announcements last year and earlier this year, “the successful disposition of these buildings will reduce GSA’s inventory by over 6 million square feet and provide a cost avoidance of over $1.8 billion over 10 years.”
GSA said such efforts “would be further accelerated if GSA had full access to the Federal Buildings Fund, which would allow GSA to further reduce its reliance on costly leases and move underutilized and underperforming assets out of the federal portfolio. These combined efforts would help increase occupancy in federally owned assets, reduce the overall federal footprint, and provide significant taxpayer savings.”
The GSA has been under pressure from Congress to step up the process of disposing of underused property in recent years, and especially so since a GAO report last year found 17 of 24 agency headquarters buildings reviewed were using less than 25 percent of their capacity on average, in part due to continued elevated levels of offsite work.
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