Elon Musk’s Department of Government Efficiency (DOGE) is scaling back the federal real estate footprint, putting office space in Greater Philadelphia on the chopping block. According to a list posted on the DOGE website Monday, nearly 20 government leases in the region have been canceled, totaling approximately 183,000 square feet and over $4.93 million in annual value. Affected properties span Philadelphia, Montgomery County, South Jersey, and northern Delaware. The largest terminations in Philadelphia include a 44,765 SF lease for the Securities and Exchange Commission at One Penn Center (1617 JFK Blvd.) and a 43,000 SF lease for the Department of Education in the historic Wanamaker Building (100 E. Penn Square).

*Article courtesy of Philadelphia Business Journal

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