Kurt Stout is Government Solutions EVP for Colliers international, based in Washington, DC. His blog is Capitol Markets.

WASHINGTON, DC-As it noted in a White House blog posting by Office of Management and Budget Controller Danny Werfel Thursday, the Obama Administration has made disposing of unneeded properties and making more efficient use of the government’s real estate assets a priority for federal agencies. As the next step in this effort, Werfel has issued a management procedures memorandum that directs all Executive Branch departments and agencies to implement a “Freeze the Footprint” policy for federal real estate.

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