The General Services Administration (GSA) sent a memo to regional managers instructing them to begin terminating leases on all of the roughly 7,500 federal leases the agency manages nationwide, according to an Associated Press report.
The news of the memo comes amid the Trump administration’s return-to-office mandate, which would seem to suggest that office space would be needed. On the other hand, the report speculated that this may reflect the administration’s belief that it won’t need as many offices as it moves to cut federal jobs.
The GSA is an independent agency that manages property for various agencies, including procuring workplaces for more than a million federal civilian workers. It also oversees the preservation of historic buildings and manages government purchases from commercial vendors. The agency owned or leased more than 363 million square feet of space in nearly 8,400 buildings nationwide, as of fall 2024.
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