EO 14274Executive OrderTrump 47 · R

Executive Order 14274

Restoring Common Sense to Federal Office Space Management

In simple terms

This order revokes two prior executive orders (Carter's EO 12072 and Clinton's EO 13006) that required federal agencies to prioritize central business districts and historic properties when locating offices. It directs GSA to amend related regulations, aiming to allow agencies to choose more cost-effective facilities and better serve dispersed populations.

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 90 FR 16445

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

Procurement

Role pressure

  • MixedProject developer — Suburban/rural commercial real estate developers may see new federal leasing opportunities; urban central business district developers face reduced federal tenant demand
  • UncertainDownstream manufacturer — Federal contractors and service providers may need to follow relocated agencies, but magnitude depends on implementation

Geographies

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAPLApple

Confidence: low · Policy alerts

Key directives

  • Revoke EO 12072
  • Revoke EO 13006
  • GSA Administrator to initiate process to amend 41 CFR parts 102-79 and 102-83
  • Agencies with non-FPASA space authority to conform to this order consistent with applicable law

Who is ordered

Prior policyRollback

  • revokeEO 12072
  • revokeEO 13006

Related orders

What to expect

Immediate

  • EO 12072 and EO 13006 revoked
  • GSA Administrator directed to initiate regulatory amendment process

Near term (90d)

  • GSA to begin amending 41 CFR parts 102-79 and 102-83

Long term

  • Potential relocation of federal offices to lower-cost areas
  • Reduced federal presence in historic/central city properties
  • Possible shifts in local economies dependent on federal workers

Risks & tensions

  • No explicit deadline for GSA regulatory action—'initiate the process' is vague
  • Potential conflict with local stakeholders in central business districts that benefited from prior policy
  • Unclear fiscal impact without accompanying appropriations or specific relocation plans
  • May face resistance from historic preservation interests
Executive Order 14274: Restoring Common Sense to Federal Office Space Management · Executive Orders