GSA Sells Property On Line For $19 Million

The General Services Administration is finally free of a massive property in Georgetown. GSA closed Friday on the $19 million sale of the the West Heating Plant, The Washington Business Journal reports. The property was auctioned off online in February with an opening bid of $500,000. The sale is part of GSA's effort to shed excess properties. The agency estimates it has sold 44 properties across the country so far this year for $40 million and has 100 more in the disposal pipeline.