Trump administration sells major DC federal property

The General Services Administration announced the sale of a major underused federal property in Southwest Washington, D.C., as part of the Trump administration’s broader push to shrink the government’s real estate footprint and reduce maintenance costs tied to vacant buildings.

Federal officials said the sale of the Liberty Loan Building is expected to save taxpayers nearly $14.6 million in deferred maintenance costs, along with an additional $1.6 million in annual operating expenses.