chatblogsnewsold postscommon questions
topicscontact usabout usmain

GSA sells federal property, former DHS headquarters, to DC real estate firm

March 26, 2026 - 13:39

GSA sells federal property, former DHS headquarters, to DC real estate firm

The U.S. General Services Administration has finalized the sale of a significant federal property in the nation's capital. The agency announced the divestiture of its Regional Office Building, a prominent structure located on 7th Street SW that once served as the headquarters for the Department of Homeland Security.

This transaction is part of a broader federal initiative to optimize the government's real estate portfolio, aiming to reduce operating costs and generate value for taxpayers. The sale transfers the property to a Washington, D.C.-based real estate firm, which will now determine the building's future use. The move is expected to return the prime parcel to the local tax rolls, providing a potential economic boost to the surrounding community.

The building itself holds a notable place in recent history, having been the central command post for DHS during its formative years following the September 11th attacks. Its sale marks the end of a major federal chapter for the location. Officials emphasized that the disposal of underutilized assets like this one is a key component of creating a more efficient and cost-effective government infrastructure. Proceeds from such sales are typically reinvested into the government's real property fund.


MORE NEWS

San Francisco’s AI Boom Fuels Record-Breaking Home Sale Just Beyond the City

August 9, 2026 - 06:53

San Francisco’s AI Boom Fuels Record-Breaking Home Sale Just Beyond the City

A single home sale just south of San Francisco has set a new benchmark, and the timing is no coincidence. A buyer tied to the artificial intelligence sector paid $70 million for a gated estate in...

A 22-Year-Old's Unlikely Roommate in New York City

August 8, 2026 - 17:29

A 22-Year-Old's Unlikely Roommate in New York City

Finding an affordable apartment in New York City is a rite of passage that often involves compromise. For William Swanson, that compromise came in the form of a 70-year-old roommate. At 22, fresh...

Billionaire Starbucks Mogul Howard Schultz Sells Longtime Hawaii Retreat for $36 Million—Months After Quitting Seattle To Move to Florida

August 8, 2026 - 09:23

Billionaire Starbucks Mogul Howard Schultz Sells Longtime Hawaii Retreat for $36 Million—Months After Quitting Seattle To Move to Florida

Howard Schultz, the 73-year-old former CEO of Starbucks, has sold his long-held Hawaii retreat for $36 million, according to property records. The deal closed on July 30, marking the end of his...

Crosland Southeast delivers affordable-housing development in Ballantyne

August 7, 2026 - 23:12

Crosland Southeast delivers affordable-housing development in Ballantyne

A new 60-unit affordable housing community is now open in Charlotte`s Ballantyne area, marking a significant step for workforce housing in one of the city`s more expensive neighborhoods. Crosland...

read all news
chatblogsnewsold postscommon questions

Copyright © 2026 Zonuos.com

Founded by: Vincent Clayton

topicscontact usabout usmainpicks
your datacookiesusage