GSA Hosts Industry Day for the Disposal of a Centrally Located Property in the District of Columbia
WASHINGTON – (RealEstateRama) — U.S. General Services Administration’s hosted an industry day focused on the process of the the disposal of the Cotton Annex, a property in a prime location in the District of Columbia. The event had representatives from the Office of the Deputy Mayor for Planning and Economic Development (DMPED), the DC State Historic Preservation Office (DC SHPO), and the DC Office of Planning (DCOP).
5
The purpose of industry day is to allow interested parties to ask questions and learn about the building and the GSA auction process.“This event reinforces GSA’s aggressive commitment to repositioning underutilized assets in its real estate portfolio to put them to more productive use” said Tim Sheckler, Director, Real Property Utilization and Disposal Division.
GSA is an economic catalyst for cities and communities across the country. Moving underutilized properties out of the federal inventory allows for local use that may better promote economic growth.
The U.S. Department of Agriculture Cotton Annex was built in 1937. The property is located at 300 12th St. SW in Washington, D.C. The 118,000 gross square foot six-story building occupies an 1.4 acre site and is listed on the National Register of Historic Places.
Additional Resources:
- Information on the disposal process: http://disposal.gsa.gov/WhatWeDo
- Additional information on the auction process: https://realestatesales.gov/gsaauctions/aucpbsindx/?sl=DCNCR017001001
Continue the conversation @USGSA #economiccatalyst
