Washington, D.C.’s local economy and commercial real estate market could feel the impact of a Trump administration plan to move federal agencies out of the D.C. region to less costly areas of the country.
Federal agencies have until mid-April to provide suggested relocations of bureaus and offices in the region, according to reporting by The Washington Post. The directive comes amid a broader push led by the Department of Government Efficiency to cut costs and reduce the size of the federal government, which includes downsizing its real estate footprint. A disproportionate amount of government office space reductions is expected to be focused on the D.C. area.
D.C. Mayor Muriel E. Bowser was among city leaders who expressed optimism that federal buildings could be repurposed and boost the vibrancy and residential life near downtown and the National Mall, which have suffered in the wake of the pandemic and remote work. However, efforts to move government offices out of the region are likely to impact the local economy negatively, according to the Post article.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
