Two Indianapolis federal buildings listed for possible sale

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Two Indianapolis federal buildings listed for possible sale

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Two Indianapolis federal buildings listed for possible sale

//business-finance.news-articles.net/content/202 .. -federal-buildings-listed-for-possible-sale.html

Published in Business and Finance on Thursday, March 6th 2025 at 21:41 GMT by WTHR
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

On Tuesday, the U.S. General Services Administration announced more than 400 properties on a list of non-core assets for disposal.

The article from MSN discusses the potential sale of two federal buildings in Indianapolis, Indiana. The U.S. General Services Administration (GSA) has listed the Minton-Capehart Federal Building and the Birch Bayh Federal Building and U.S. Courthouse for possible disposal. This decision comes as part of a broader effort to optimize federal real estate holdings, reducing costs and improving efficiency. The Minton-Capehart building, located at 575 N. Pennsylvania St., has been underutilized, with only 30% occupancy, while the Birch Bayh building at 46 E. Ohio St. is also facing similar issues with space usage. The GSA is currently evaluating these properties to determine if they should be sold, repurposed, or if new facilities should be constructed to better meet the needs of federal agencies. The process involves public input and could take several years before any final decisions are made.

Read the Full WTHR Article at:
[ https://www.msn.com/en-us/money/other/two-indianapolis-federal-buildings-listed-for-possible-sale/ar-AA1ApCf3 ]

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