Monday, April 30, 2012

GSA more likely to lease than to build



A U.S. General Services Administration official had bad--and some good--news Monday for Fredericksburg-area business owners interested in selling or leasing office space to the federal government. The GSA's budget for new construction has been chopped from $750 million in fiscal year 2009 to $50 million this fiscal year, but it plans to spend $5.237 billion on private-sector leases, said David Ehrenwerth, associate commissioner of the GSA's Public Buildings Service....



via FLS News



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