For Immediate Release

04/29/2015 – Washington – The U.S. Postal Service belongs to the people of this country. We must not permit postal executives and the Board of Governors to sell our beautiful historic buildings at a discount; nor should we permit CBRE to drain the Postal Service treasury with lease deals that benefit the real estate firm at the expense of postal customers and the American people.

The APWU endorses the IG’s recommendation to terminate the Postal Service’s contract with CBRE. The APWU also applauds the IG’s decision to refer numerous CBRE transactions to its Office of Investigations for further review.

Regrettably, CBRE is not the only private, for-profit company that is treating the U.S. Postal Service like a private piggy bank. The Inspector General also should examine the role of CBRE CEO Robert Sulentic on the Staples board of directors at a time when the USPS is reducing hours or shuttering post offices and encouraging customers to take their mail to Staples stores.

This report shows we need to protect the USPS from corporate pirates who would plunder it.

Source: Statement by Mark Dimondstein on USPS Inspector General’s Report on Questionable Sales of Historic Post Offices by USPS’s Real Estate Firm, CBRE | APWU

Also see: USPS OIG REPORT: Postal Service Management of CBRE Real Estate Transactions