New Website Listing USPS Properties for Sale

From USPS News Link:


USPS has listed 90 commercial properties and 36 land parcels with a commercial real estate broker. Sale of these properties by broker Caldwell Banker will generate much-needed capital for the Postal Service.

“The Postal Service fully recognizes and supports the need to maintain a facility network that provides maximum levels of efficiency,” said Tom Samra, vice president, Facilities.

Samra said USPS real estate holdings are a valuable yet underutilized asset, adding there are numerous costs associated with maintaining surplus buildings. These costs are necessary to maintain their value, keep them in marketable condition and protect the safety of the public.

Now that the properties have been listed for sale, the Postal Service can reduce or eliminate these costs, as well as produce cash for the organization. Last year, USPS realized (insert amount) in sales of its real estate holdings.

Click here for a listing of the properties for sale.

source: USPS News Link – Nov. 7, 2011.

USPS awarded CB Richard Ellis a contract in July 2011 to serve as its exclusive provider of strategic corporate real estate solutions nationally. “CB Richard Ellis will provide transaction management services for USPS, including leasing and disposition.”  The website listing properties for sale is operated by CB Richard Ellis Group.

11 thoughts on “New Website Listing USPS Properties for Sale

  1. Bonnie these people like Valpak are the ones your listening too? then our civilization is in deep trouble.

    “At the core of the Valpak brief is an argument that the Postal Service must operate as efficiently as possible so that rates are kept as low as possible. Post offices that don’t bring in enough money are inefficient, and they have go. The social value of a post office does not fall within its definition of “efficiency,” and Valpak doesn’t buy the argument that it’s inefficient to make people travel further to a more distant post office since they can always go online to buy stamps.

    Do you really want to hear about “efficiencies” from Valpak? What is “efficient” about using precious natural resources and toxic chemicals to produce 500 million envelopes and billions of coupons, and putting these envelopes in the mail, where they will require fuel and manpower to bring them to your door, so that you can take one look and go, Ugh, and throw the envelope in the trash, requiring even more manpower and fuel and chemicals to recycle them (or put them in landfill)? If that’s “efficient” because some percentage of consumers will use those coupons and justify the profits Valpak makes off the envelopes, our civilization is in deep trouble.”

  2. You board of lazys need to get out more and listen to the public, instead of just these mailers.

    “Valpak is on a workgroup for something called the USPS Mailers’ Technical Advisory Committee (MTAC). This committee offers regular opportunities for executives at L’Enfant Plaza “to receive advice and recommendations from mailers.” Such meetings are a way for USPS executives to hear from the mail industry’s big stakeholders, and you can be sure Valpak has made its position clear.

    Too bad that the Postal Service doesn’t display the same concern for the interests of the average patron of the post office. In his testimony before the PRC last week, James Boldt, the man in charge of the RAOI, admitted that of the 2,800 community meetings held so far to hear from citizens faced with losing their post office, he had not attended a single one.”

  3. The board of governors, Patrick and a few congressman need to be strapped masked and gurney like Hannibel Lecter was in the airport hanger scene brought to talking to the senator about her daughter and led away.

    That i would approve.

  4. the US Postal Service is required by law to uphold the standards of
    •uniform pricing of First Class Mail
    •quality of service
    •access to services by every American
    •6-day delivery

    Critics of the Postal Service also fail to mention that the Postal Service predates the US Constitution. Article 1 of the Constitution gives Government the duty “to establish post offices and post roads.”

    Many changes have taken place since 1775 when Benjamin Franklin was appointed as the first Postmaster of the US Postal Office. The US Postal Service was established as an independent agency in 1970.

    It’s doubtful that Benjamin Franklin could have forseen the events taking place in the US Postal Service today.

    It’s even more doubtful that Benjamin Franklin would approve of the Postal Services plans to eliminate jobs, decrease service to the American public, and forever change the face of the Postal Service.

  5. I too like old and new things of interest.


    I too have coats of many colours and corn for all nations to come to me for sustenance.

    Yours truly ;>

  6. The only famine in this land is a man made one by the corrupt greediness of government and the1%ers


    ” It shouldn’t be up to a handful of executives in L’Enfant Plaza, the USPS Board of Governors, and a few members of Congress to decide what happens to the Postal Service. The post offices don’t belong to them. Those are our post offices. They belong to the 99%”.

  7. if this occupy wall street reaches world wide biblical propotion, i sure wouldnt want to be Jospeh.

    this is a new era, new time period, and these people are pissed off.

  8. Well, this is a new era, new time period. These are the days of the Old Testament Joseph. The prime minister of Egypt gathered all houses, lands, property, livestock, money, and finally the people for Pharaoh. There was a famine in the land and all peoples had to go down to Egypt to Joseph for food, because as his father said, “I have heard that there is corn in Egypt…” All nations had to come to Jospeh for sustenance.

    I like real estate, too. Old architecture is fascinating to study and observe.

  9. In July the Postal Service outsourced its real estate and property management business to CB Richard Ellis, the world’s largest commercial real estate company. Today the USPS-CBRE website is up and running, showing off some 90 post office buildings as well as 36 land parcels, all for sale. The Postal Service must be in a big hurry to dismantle itself — the website has a page on “About USPS” and all it says is “Under Construction.” Maybe it should say, “Under Deconstruction.”

    When the story was first reported back in July, the Wall Street Journal said that CBRE had been hired “to advise the agency on the 300 million square feet of property that it owns or leases.” Tom Samra, vice president for facilities at the postal service, said, “We’ll be putting buildings on the market and terminating leases, where possible.” Over the next six months, Mr. Samra said, the agency and CBRE are looking to craft a plan on how to curtail the portfolio in line with the lower mail volumes seen by the agency.

    That plan is now being implemented, and it turns out that CRBE will be doing a little bit more than “advising” the Postal Service. The company is now the “exclusive” real estate agent and provider for the U.S. Postal Service. It is taking over the negotiation of leases, and it is working with broker Caldwell Banker to market and sell post office buildings and lands.

    As reported in a USPS News Link (thanks to Postal News for catching this), Samra says that the USPS real estate holdings are a valuable yet underutilized asset, and they cost the Postal Service a lot of money to maintain. The Postal Service calls them “surplus buildings,” but they are “underutilized” and “surplus” because the Postal Service made them that way. It has moved carriers out of downtown post offices to annexes on the outskirts and in the suburbs, like in Camas, Washington, where a New Deal post office is now for sale, with postal services moved to the annex. It has shifted from owning to leasing spaces, like in Palm Beach Florida, where it sold off the New Deal post office and moved the post office to a rented space in a strip mall. It has opened up “alternative retail access points” in Wal-Marts and Staples so that business is siphoned off from the brick-and-mortar post office, and now it says that customers “prefer” it that way.

    The Postal Service didn’t hire the biggest real estate company in the world because it wants to sell off a mere 126 properties. The Postal Service owns 35,000 properties. The new CBRE website is just a preview of coming attractions. The Postal Service wants to sell off the entire network, or at least a huge portion of it. The model is Europeans countries like Sweden and Germany, where nearly all of the post offices were closed and replaced by postal counters in private stores and businesses.

    Among the 90 post offices for sale on the new website are ten historic buildings (seen in the slideshow), most of them on the National Register of Historic Places. They are part of the nation’s architectural treasure, and they are now up for grabs, waiting to be sold to the highest bidder. Over the coming years, we’re going to watch thousands of post offices sold, and many of them will be historic landmark buildings that are the pride of their communities. The American people own 8,000 post office buildings, over 2,000 of them built during the New Deal and before. How many of them must we watch get turned into restaurants and clothing stores and real estate offices before people say, Enough?

    Post offices are a fundamental part of the public realm, along with libraries, public schools, state colleges, national parks, and the public transportation system. This public infrastructure was built and paid for by the American people, and that’s who owns it and that’s who it serves. Now the public realm is under assault by the corporate elite, which wants to see everything transferred over to the private realm, where they can make a profit off it.

    But it shouldn’t be up to a handful of executives in L’Enfant Plaza, the USPS Board of Governors, and a few members of Congress to decide what happens to the Postal Service. The post offices don’t belong to them. Those are our post offices. They belong to the 99%.

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