From USPS News Link:
PROPERTY FOR SALE
USPS REAL ESTATE SALES PRODUCE REVENUE
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.