President Donald Trump (R) and some of his new appointees are looking at downsizing the Federal government’s office holdings and at downsizing the General Services Administration, the agency specifically tasked with being the landlord of those office facilities.
The Trump administration is considering selling two-thirds of the federal government’s office stock to the private sector, according to people familiar with the transition operations.
About three-quarters of the 70 million square feet of office space the GSA leases from private landlords in DC is also likely to be canceled, according to Don Peebles, a longtime Washington, DC-based developer.
The Federal government doesn’t need all that office space and uses very little of what it has.
GSA-owned buildings in Washington, DC, average about a 12% occupancy rate. The government owns more than 7,500 vacant buildings across the country, and more than 2,200 that are partially empty.
Reducing GSA holdings of government office space will become even more important to the extent Trump’s plan proceeds to move many Executive Branch Departments and Agencies out into Left- and Progressive-Democratic Party-disdained flyover country. On top of that, the upcoming reduction in civil service employment will further reduce the need for government office space wherever located.
Nor is there any reason why two or more Departments can’t occupy the same building, two or more Agencies can’t occupy the same building, or Departments and Agencies can’t occupy the same building. That’s teamwork and collaboration facilitated by colocation—work in the office rather than remotely—extended to entire government functions. What a concept.