GSA-managed inventory leased vs owned rentable square foot
Historically, GSA managed more owned assets than leased assets. In 2008, leased rsf overcame federally owned assets. This trend is concerning since, generally, owned inventory is a better long-term housing solution for most federal tenants and provides cost savings over time. GSA slowed this trend and we hope to continue to reverse the trend by exploring innovative solutions and initiatives to promote consolidations and co-locations into the federal inventory.