USPS OIG Audit Project: How Can the Postal Service Improve Management of Its Vacant Properties?

The Postal Service operates one of the largest real estate portfolios in the country. It owns nearly 8,600 facilities and leases over 23,000 facilities ranging in size from 60 square feet to 32 acres. When the Postal Service vacates a facility with an active lease, it can terminate or buyout the lease, or sublease the…

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Postal Service has spent $190,000 on unopened office

(July 7, 2014) SOUTH ABINGTON TWP. — White envelopes, clear packaging tape and unfolded colorful boxes line the right wall, while a “Next Station Please” sign sits atop a wood counter in the dark room. Outside the room, in a narrow hallway, stacks of empty white mail bins rest against a wall. The entrance remains…

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