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DC Office Building Sold for $24 Million, Will Become Rental Housing

DC Office Building Sold for $24 Million, Will Become Rental Housing

by Phil Hall | Mar 26, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The General Services Administration (GSA) is selling a 940,000-square-foot office building in Washington, DC, to a housing developer for $24 million. The Wall Street Journal reports Dalian Development plans to transform the vacant GSA Regional Office Building near...
Department of Agriculture to Move from Longtime DC HQ

Department of Agriculture to Move from Longtime DC HQ

by Phil Hall | Feb 26, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The US Department of Agriculture (USDA) announced it is moving out of its longtime headquarters at the South Building in Washington, DC. “More than 85% of the South Building is unoccupied and there is a $1.6 billion backlog in deferred maintenance,” said Agriculture...
HUD HQ Building Listed for ‘Accelerated Disposal’

HUD HQ Building Listed for ‘Accelerated Disposal’

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) may soon need to find new housing for itself. The department’s headquarters building in Washington, DC, was added to the list of federal buildings designated by the General Services Administration for “accelerated...
HUD HQ Building Listed for ‘Accelerated Disposal’

HUD Secretary Turner Would Like to Move Agency from HQ Building

by Phil Hall | Mar 18, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Housing and Urban Development (HUD) Secretary Scott Turner is eager to relocate his agency to a new headquarters. “You know, HUD is known as the ugliest building in DC, which is not a mantra I like,” said Turner about the Brutalist-style property in a Monday interview...
Report: Trump Considers Selling Two-Thirds of Federal Office Properties

Report: Trump Considers Selling Two-Thirds of Federal Office Properties

by Phil Hall | Jan 21, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The newly inaugurated Trump administration is reportedly mulling the sale of two-thirds of the federal government’s office properties to the private sector. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the transition operations,”...
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