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GSA to Trim $70M With Consolidation

WASHINGTON, DC—By consolidating these offices the government will save $17 million in annual rent payments and reduce its footprint by 507,000 square feet.

By Erika Morphy | Updated on April 21, 2014

WASHINGTON, DC—The General Services Administration has identified 19 projects across the country in which it will work with federal agencies to consolidate their offices into federally owned space.

GSA says the initiative will save federal agencies $17 million in annual rent payments and reduce the federal footprint by 507,000 square feet. It will also reduce the government’s leasing costs by more than $38 million.

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