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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...
Hits and Misses for the Real Estate Week of March 24-28

Hits and Misses for the Real Estate Week of March 24-28

by Phil Hall | Mar 28, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
GSA Identifies 440 Federal Buildings as ‘Non-Core Assets’

GSA Identifies 440 Federal Buildings as ‘Non-Core Assets’

by Phil Hall | Mar 5, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The General Services Administration (GSA) reported that its Public Buildings Service identified over 440 “non-core assets” owned and maintained by the federal government. In a statement, the GSA said the 440 properties encompass nearly 80 million rentable square feet...
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