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.

 

The image shows the amount of leased space versus rented space changed from fiscal year 1967 to 2015. Beginning around fiscal year 2008, we had more leased space than owned. Entering fiscal year 2015 there was a slight decrease in leased space.

Last Reviewed 2016-03-25