International audienceThe article explores the territorial dimension of the reforms that remould state administrations, which is overlooked by both public sector and territorial politics literatures. It is based on a finegrained case study of how the emergence of an administrative reform aimed at strengthening market coordination in the management and sale of public real estate in France has affected previously existing forms of military real estate management that relied on central and local political bargaining. While existing literature argues that market-oriented administrative reforms tend to side-line political regulation, this reform entails a differentiation rather than a replacement of the operating codes of the state in territorie...