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GSA Finally Closes West Heating Plant Auction for $19.5M

Washington, D.C.
GSA Finally Closes West Heating Plant Auction for $19.5M

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At long last, the auction for the GSA's West Heating Plant in Georgetown has closed, with a buyer only known as "Bidder #2" coming out on top with a $19.5M offer. GSA spokesman Dan Cruz says that while the organization hasn't officially accepted the bid, the sale is an "example of the agencys ongoing commitment to getting excess federal property off the government's books and delivering savings."

Related Topics: West Heating Plant