The GSA's 'Accelerated' Property Disposal Process: Here's How It Works
GSA Leasing & Federal Real Estate attorney Gordon Griffin was quoted in a Washington Business Journal article about the federal government's approach to disposing of surplus properties. Mr. Griffin explained that even as the U.S. General Services Administration (GSA) seeks to expedite the disposal process, it must still adhere to statutory requirements, such as gauging interest from other federal agencies and considering potential uses for assisting homeless populations. He also highlighted that the GSA plans to categorize properties for disposal in batches, rather than releasing the entire list online at once, to ensure compliance and maximize fair market value through a methodical selection and preparation process.
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