Analysis

DOGE has cut 9.6 million square feet of federal office space.

Each economic reading released in the past few weeks has an underlying story.

Six of the top 10 metro areas recorded double-digit permitting decreases.

There was a 61% surge in healthcare property sales volume last year.

Also, vacancies ticked up by 10 basis points.

Overall, the market looks stable.

There was a ‘dramatic rise’ in realized losses as well.

The Trump administration plans to move federal agencies to less costly areas of the country.