The Department of Government Efficiency or DOGE isn’t only interested in shrinking the federal payroll but is also moving quickly to terminate federal leases and dispose of government properties considered non-essential. Colorado isn’t being spared, and the plans for unwanted office space can offer insights into what might be coming next for head counts.
The federal government has tried to shrink its real estate holdings since the “Reduce the Footprint” initiative launched in 2015 during the Obama years. Under the Trump administration, that push has gone into overdrive and is playing out in ways that are hard for outside observers to decipher, said Brian Redmon, executive vice president with Arco Real Estate Solutions in Golden.
“The numbers are staggering,” said Redmon, a former GSA employee who now advises building owners on federal leases. “There absolutely is concern. What are the long-term plans here and what agencies are being targeted?”…