commercial real estate still recovering from post covid / work from home situation
so federal government has plenty of negotiating power
also with layoffs the space requirements may have changed and such large buildings may be excessive
so federal government has plenty of negotiating power
also with layoffs the space requirements may have changed and such large buildings may be excessive
> so federal government has plenty of negotiating power
You have this backward. The government is trying to sell. If real estate is still recovering (aka down) then they don't have much negotiating power.
Buyer's market.
They never mentioned whether it’d actually be beneficial for the government.
Can’t wait for all of our federal agency buildings to be named after different members of the Trump family once they’ve changed hands! /s
keeping a lot of buildings cost a lot of money so even if they're sold at lower than expected prices saves money long term