4 Steps to Build Cost-Efficient and Flexible Government Real Estate Portfolios

Public sector leaders face unprecedented challenges, including fiscal constraints, workforce adjustments, and increased community demands. Real estate—frequently among the most substantial budget items—presents a valuable opportunity to realize cost savings while enhancing flexibility and resilience.

However, minimizing expenses without compromising service provision necessitates an innovative strategy. Governments need to modernize workplace policies, utilize data to optimize portfolios, and equip facilities to accommodate the future workforce and communities.

• In this guide, JLL outlines four essential steps that help governments:
• Identify opportunities to reduce underutilized space and operating expenses.
• Refresh workplace models to support hybrid and flexible workforces.
• Harness real-time insights and technology to optimize decision-making.
• Build strategies that balance financial efficiency with resiliency and community outcomes.
   

Across the country, state, local, and federal agencies are already adopting these approaches to save money, adapt faster, and deliver stronger outcomes for their constituents. This guide brings together those lessons to help you move from short-term fixes to sustainable, future-ready portfolio strategies.

Explore how governments can take a proactive, data-driven approach to reduce costs today and stay agile for tomorrow.