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GSA sells 89-acre property for record $207 million in win for government downsizing plan

Washington Examiner
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GSA sells 89-acre property for record $207 million in win for government downsizing plan

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The General Services Administration announced Wednesday it sold a massive, long-vacant federal office complex in Southern California to an affiliate of Hoag Memorial Hospital Presbyterian, marking one of the largest property sales in the Trump administration’s effort to shrink the federal real estate footprint and reduce government waste.

The more than 1 million-square-foot former Chet […] ...

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