Metro is cutting its portfolio of surplus property, announcing a fire sale of sorts of eight lots spanning D.C, Maryland and Virginia that the transit system deems “ideal for development.”
The properties, ranging from less than a quarter acre up to nearly 40 acres, will be sold “to save money by reducing maintenance expenses on property Metro no longer needs, while generating additional revenue for capital and operating expenses,” per the announcement.
“Our riders want affordable, cost-effective…