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.
(Note: yes, the News Link article actually does say “Last year, USPS realized (insert amount) in sales of its real estate holdings.”)