GSA has 78 million sf of office leases either expiring or can be terminated by end of 2028

GSA has 78 million sf of office leases either expiring or can be terminated by end of 2028. While there appears to be a push to get all government employees back in the office five-days a week, The American Federation of Government Employees union just reached a deal with GSA to protect and extend hybrid telework until late 2029.  There appears to be over 100 unions representing different factions of GSA and we shall see if other unions follow suit.