GSA auction of Georgetown building hits $19 million

The General Services Administration auction of a  a 20,000-square-foot heating plant in the high-priced Georgetown section of Washington continues to attract bidders, according to the agency.
The latest bid is $19 million, up from $16.1 million a week ago. While the “soft close” date was originally set for Feb. 19 every bid the agency receives extends the amount of time left for others to respond, essentially creating a bidding war amongst interested parties.

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