Simeon Wallis Highlights Federal Building Cost-Cutting in Atlanta

March 3, 2025 – In a Feb. 12, 2025, article with The Atlanta Business Chronicle titled, “Trump Cost-Cutting Could Target Large Atlanta Federal Buildings for Consolidation, Disposal,” Simeon Wallis, Chief Investment Officer at Aprio, discussed the financial scrutiny driving federal real estate decisions.

Simeon highlighted the intense review of government spending and the potential impact on Atlanta’s federal buildings. “Spending is under intense scrutiny — every dollar is being examined with a fine-tooth comb,” he shared. If the federal government moves to offload properties, he noted, it could create “value-add” opportunities for developers looking to repurpose underutilized real estate.

To read more about Simeon’s insights on federal cost-cutting and its implications for Atlanta’s commercial real estate market, visit The Atlanta Business Chronicle.