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The U.S. GSA plans to sell eight federal office buildings to cut costs, facing criticism over market risks.
The U.S. General Services Administration (GSA) plans to sell eight federal office buildings across the country to reduce government spending. Initially, over 440 buildings were considered for sale, but the list has been significantly reduced. The GSA is focusing on properties in Maryland, New Jersey, Illinois, Missouri, Texas, Georgia, and Tennessee. Critics argue that selling these buildings could be financially unsound, especially in current market conditions. The GSA is also exploring various disposal methods, including sales and public-private partnerships.
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