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Commercial Massachusetts Space on the Block Cutting if Rain cancels rent 37% for federal agencies

massachusetts 4 day workweek 3 massachusetts 4 day workweek 3

Recently created administration of Trump Administration (DOGE) cancels federal rent across the country, and this movement has now reached Central Massachusetts Properties.

Dodge has stopped seven commercial rental rental diet and medicines, the US Department of Agriculture and the US Customs Service and the border patrol.

“We were DOGE-ED,” said Christopher Egon, President Carruth Capital at Westbar, at the Worcester Business Journal.

What DOGE has cut so far?

Massachusetts Capitol with people walking in the snow

Residents go to the Massachusetts Capitol building after the Massachusetts, USA, Sunday, January 30, 2022. (Dinner Alison / Bloomberg via Getty Images / Getty Images)

According to the WBJ report, the canceled rent is $ 1.34 million and a total of 60 182 square feet.

This is 37% of the rented federal government in Central Massachusetts, the general services administration (GSA) reports.

DOGE data, as of last month, show about $ 100 million in rental decline. Approximately $ 97 million, which made up most office space, according to Bloomberg data analysis according to GSA.

Dodge Elon Musk makes another hiring

Bastan horizon on sunset from Harvard

Massachusetts came at nine number in the best states to work remotely. (Joe Som/Visions of America/Universal Images Group via Getty Images/Getty Images)

These cuts come as Presidential Administration Donald Trump Promises significantly reduce the size of the federal government.

These DOGE cuts are a continuation of the scaling of the government traces, and GSA has reportedly declined since they knocked down 18 million square feet of leased location. However, the government has not changed during the first Trump administration or the former President Joe Biden, Bloomberg analyzes.

DOGE AND ELON MUSK X ACCOUNT

Dozh is ready to unleash the “calculation” in some federal agencies, according to Congress Subcommittee Tim Bercheta. (Thomas Fuller/Sopa Images/LightRockket via Getty Images/Getty Images)

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In the hall to the casting, The number of canceled federal offices across the country has doubled since February, affecting all US states, except for the Ailleland and Indiana.

Web -Sight DOGE Claims have reached a general estimate of $ 65 billion, which, he said, is “a combination of detection/removal of fraud, cancellation/lease, rethinking contracts/rental, asset sales, cancellation, shortening of labor, software changes and regulatory savings.”

Its website listed the contracts and the cancellation of the rent, which amounted to 12 751 900 462 as of February 24, and the latest DOGE team update – February 17. However, the site does not offer a detailed explanation of how it takes into account the remaining $ 43 billion in total economy.

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2025-03-04 09:53:00

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