GSA's Perspective on the Frozen Footprint

WASHINGTON, DC-Last week the Office of Management and Budget Controller Danny Werfel issued a management procedures memorandum directing all federal departments and agencies to implement a “Freeze the Footprint” policy for federal real estate. To get a sense of how the policy will be implemented, read Colliers International’s Kurt Stout’s analysis. To get a sense of how DC area landlords feel about the move, well, use your imagination. To get a sense of how the General Services Administration feels about it, read on.

Jones Lang LaSalle’s Chris Roth represents GSA in transactions and his take is that the agency is mostly likely pleased with the mandate.