ICE bought eleven warehouses. Seven are now in the returns pile.
The federal warehouse portfolio is on the market after GAO documented more than $20 million in unrecoverable costs.
What happened
GAO's September 24 report says ICE bought 11 warehouses for about $1.07 billion between January and April 2026. By June, ICE was working to sell seven, after DHS acknowledged inadequate due diligence and planning.
Those seven incurred $7.7 million in nonrecoverable purchasing costs and an estimated $12.8 million for utilities, security and other services through August. Checked October 18, the broker's Federal Warehouse Portfolio lists seven vacant properties for sale, with Romulus offers due October 19.
Why CMCoE cares
Buying facilities before settling the operating plan creates costs that a later sale cannot recover.
Regulatory fine print
This is a dated follow-up to a September report, not a new purchase announcement. The seven warehouses cost $707 million; that purchase price is not a proven loss, and no completed sale or recovery amount is established here. DHS agreed to develop a strategic plan, estimating completion by August 31, 2027; GAO's recommendation remains open. Return labels are satire, not an actual property-disposal process.
Sources
- GAO-26-108663: full report, warehouse findings and DHS response (GAO, )
- GAO: current recommendation status, checked October 18 (GAO, )
- Federal Warehouse Portfolio: current broker listing, checked October 18 (Cushman & Wakefield / Revere, )