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Reading: Massachusetts commercial spaces on chopping block as DOGE cancels leases 37% for federal agencies
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inkeinspires.com > Business > Massachusetts commercial spaces on chopping block as DOGE cancels leases 37% for federal agencies
Business

Massachusetts commercial spaces on chopping block as DOGE cancels leases 37% for federal agencies

MTHANNACH
Last updated: March 4, 2025 10:23 am
MTHANNACH Published March 4, 2025
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The new Ministry of Government of the Government (DOGE) of the Trump Administration (DOGE) cancels federal leases across the country and the movement has now reached the properties of the Massachusetts center.

DOGE ended seven commercial leases associated with Food and Drug Administration, the Department of Agriculture and American customs and border patrols.

“We were Doge-Ed,” said Christopher Egan, president of Carruth Capital in Westborough, at Worcester Business Journal.

What has cut off so far?

Residents walk near the Massachusetts State Capitol building after a Boston Blizzard, Massachusetts, United States, Sunday, January 30, 2022. (Allison Dinner / Bloomberg via Getty Images / Getty Images)

The canceled leases total an annual sum of $ 1.34 million and a total of 60,182 square feet, according to a WBJ report.

This represents 37% of the rented space of the federal government in the center of Massachusetts, according to the General Services Administration (GSA).

Doge Data, since last month, has shown about $ 100 million in lease discounts. According to a Bloomberg analysis of GSA data.

Doge d’Elon Musk makes another job push

Boston Skyline at Harvard sunset

The Massachusetts has arrived at the new number in the best states to work remotely. (Joe Sohm / Visions of America / Universal Images Group via Getty Images / Getty Images)

These cuts come as The administration of President Donald Trump promises to considerably reduce the size of the federal government.

These Doge Cutts are a continuation of reducing the government’s imprint, which GSA has eliminated since 2023, when they have eliminated 18 million square feet of rented space. However, the government’s list of rents has not changed much during the first Trump administration or under the former president Joe Biden, according to a Bloomberg analysis.

Doge and Elon Musk X accounts

DOGE is ready to release a “calculation” on certain federal agencies, according to the representative of the subcommittee of the Congress Tim Burchett. (Thomas Fuller / Sopa Images / Lightrocket via Getty Images / Getty Images)

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According to At Costar, The number of federal leases canceled at the national level has doubled since February, affecting all American states with the exception of Rhode Island and Indiana.

DOGE website The pretenders achieved total estimated savings of $ 65 billion, which they think are a “combination of detection / deletion of fraud, contractual / lease cancellations, contractual / rental renegotiation, sales of assets, cancellations of grants, discounts of the workforce, programmatic modifications and regulatory savings.”

Its website has listed the contracts and rental cancellations which reached 12,751,900,462 $ on February 24, the last update listed by the DOGE team being February 17. However, the website does not offer a detailed explanation of how it represents the additional $ 43 billion of an additional $ 43 billion in terms of savings that this claims.

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