The Trump administration has proposed selling 443 federal properties

Trump Administration Puts 443 Federal Properties Up for Sale Amid Return-to-Office Mandate

The Trump administration has announced the sale of 443 federal properties, including the headquarters of several major federal agencies such as the FBI, even as it requires federal employees to return to full-time office work.

The General Services Administration (GSA)—which oversees the federal government's real estate portfolio, contracts, and technology—outlined the plan in a news release on Tuesday, just hours before President Donald Trump was set to deliver his first address to Congress.

Federal Buildings Deemed "Functionally Obsolete"

The GSA’s statement cited years of underfunding as the reason behind the move, arguing that many properties have become "functionally obsolete and unsuitable for use by our federal workforce."

"We can no longer hope that funding will emerge to resolve these longstanding issues," the statement added.

Many of the buildings identified for sale are on the National Register of Historic Places or have recently undergone extensive renovations. Some, like the FBI's J. Edgar Hoover Building, have been awaiting a suitable replacement for years.

The statement clarified that buildings essential for "critical government operations, such as courthouses, land ports of entry, and facilities critical to national defense and law enforcement," would not be included in the sale.

Massive Federal Sell-Off Nationwide

The list of non-core properties spans nearly every state and includes:

  • A Social Security Office in Lewiston, Idaho
  • A FEMA distribution warehouse in Thomasville, Georgia
  • A Forest Service Building in Elkins, West Virginia

The 443 properties collectively account for nearly 80 million rentable square feet, with the government estimating the sales could save over $430 million in annual operating costs.

The list includes the headquarters of nearly every major federal agency, such as:

  • FBI
  • Departments of Justice, Energy, and Labor
  • Housing and Urban Development (HUD)
  • Health and Human Services (HHS)
  • Veterans Affairs (VA)
  • State Department

Federal Lease Terminations & Musk’s Cost-Cutting Initiative

In addition to selling off federally owned properties, the GSA is also terminating leases for privately-owned buildings used by federal agencies.

The effort is part of the Trump administration’s broader push to reduce government spending, spearheaded by the Department of Government Efficiency (DOGE)—a new agency closely affiliated with billionaire Elon Musk.

Hundreds of thousands of federal employees have been laid off as part of these cost-cutting measures.

📷 FILE PHOTO: Elon Musk listens to President Donald Trump in the Oval Office of the White House, Washington, D.C., February 11, 2025. (REUTERS/Kevin Lamarque/File Photo)

Agencies Ordered to Relocate Outside D.C.

President Trump has set a mid-April deadline for federal agencies to submit relocation plans outside of Washington, D.C.

The move comes as hundreds of thousands of federal employees have been ordered back to in-person work under new administration policies.

When asked for comment, the White House referred inquiries to the GSA, which stated that the buildings up for sale "often do not provide federal employees the high-quality work environments they need to fulfill their missions."

Nationwide Impact on Federal Services

The list of properties up for sale includes IRS service centers, Veterans Administration facilities, and Social Security Administration offices.

Many federal buildings serve as one-stop centers where multiple agencies operate under one roof. For example, the John F. Kennedy Federal Building in Boston, located next to Boston City Hall, houses:

  • Drug Enforcement Administration (DEA)
  • U.S. Citizenship and Immigration Services (USCIS)
  • Internal Revenue Service (IRS)
  • Department of Veterans Affairs (VA)
  • Department of Labor
  • Social Security Administration
  • U.S. Health and Human Services
  • District offices for Sen. Elizabeth Warren & Sen. Edward Markey

With these properties set to be sold, the fate of thousands of federal employees and services across the country remains uncertain.

Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.