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Federal Government’s Real Estate Portfolio Could Face Major Cuts Under New Budget Proposal

General Services Administration Pitches ‘Optimization’ Program To Reduce, Upgrade Spaces

The General Services Administration is the agency that oversees and manages the federal government's real estate holdings. (iStock)
The General Services Administration is the agency that oversees and manages the federal government's real estate holdings. (iStock)

The federal government's vast real estate holdings could face some major changes under a new budget proposal that looks to slash millions of square feet of commercial space.

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