September 10, 2026<\/p>\n
Lanham Federal Building and adjacent parking garage added to disposition list as agency advances effort to cut long-term costs<\/p>\n
FORT WORTH, TX \u2014\u00a0Today, the U.S. General Services Administration (GSA) is announcing plans to dispose of the Fritz G. Lanham Federal Building and the adjacent Federal Parking Garage as part of the agency\u2019s effort to fortify the federal real estate portfolio by focusing resources on structures that best support agency missions.<\/p>\n
\u201cThe federal government\u2019s real estate portfolio must evolve with mission demands, workforce needs, and taxpayer expectations,\u201d said GSA Administrator Edward C. Forst. \u201cToday\u2019s announcement regarding the Fort Worth property dispositions represents advancement of GSA\u2019s productive and efficient shared\u2011campus model for agency workplaces. Under President Trump\u2019s leadership, every square foot of the federal real estate footprint will be purposeful, practical, and prepared for the future.\u201d<\/p>\n
The Fritz G. Lanham Federal Building and adjacent garage are the latest examples of GSA\u2019s rapid push to move unneeded or cost-prohibitive assets through the disposition pipeline, reducing the time federal properties sit vacant, un-used, or under-maintained.\u00a0<\/p>\n
GSA has reduced costs and strengthened the federal real estate portfolio by disposing of over 127 properties since January 2025, generating $614 million in proceeds, avoiding $1.15 billion in delinquent maintenance and operating expenses, and eliminating over $1 billion in costs through lease negotiations and reductions. Recent transactions include the\u00a0Liberty Loan Building<\/a> and the GSA\u00a0Regional Office Building<\/a> in Washington, D.C., as well as properties in\u00a0Maine<\/a>,\u00a0Minnesota<\/a>,\u00a0Texas<\/a>,\u00a0California<\/a> and\u00a0Tennessee<\/a>.\u00a0<\/p>\n Additionally, GSA has identified\u00a0other buildings<\/a> for accelerated disposition to ensure taxpayers do not pay for underutilized federal office space. GSA projects that moving these buildings out of the federal real estate portfolio will eliminate $2.7 billion in delinquent maintenance and annual operating costs.<\/p>\n ###<\/p>\n About GSA:\u00a0GSA provides centralized procurement and shared services for the federal government, managing approximately 360 million rentable square feet, overseeing over $126 billion in products and services via federal contracts, and delivering technology services to millions of people across dozens of federal agencies. GSA\u2019s mission is to deliver exceptional customer experience and value in real estate, acquisition, and technology. To address nearly $50 billion in delinquent maintenance, GSA is leading a coalition of\u00a0every cabinet agency and many federal leaders<\/a>\u00a0urgently advocating for full Federal Buildings Fund access and raising the\u00a0prospectus\u00a0threshold from $3.96 million to $75 million. For more information, visit\u00a0GSA.gov and follow @USGSA<\/a> .<\/p>\n","protected":false},"excerpt":{"rendered":"September 10, 2026 Lanham Federal Building and adjacent parking garage added to disposition list as agency advances effort…\n","protected":false},"author":2,"featured_media":432306,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[116,118,117],"class_list":["post-432305","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/432305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=432305"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/432305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/432306"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=432305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=432305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=432305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}