The Federal Government is the biggest property owner in the United States, and billions of taxpayer dollars are wasted each year on government properties that are no longer needed. These properties range from sheds to underutilized office buildings and empty warehouses.
Here is a government map that visualizes a sampling of about 14,000 buildings and structures currently designated as excess. This map shows just the tip of the iceberg in terms of opportunities for downsizing the Federal real estate portfolio. Under the President’s proposal, more properties, in some cases with significant market value, would be added to this map and dealt with more quickly and effectively than they are today.
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