USPS OIG Audit Report: Management of Vacant Properties
Background The U.S. Postal Service owns over 8,000 properties and leases over 23,000 properties with annual rents of more than $800 million. The Postal Service Facilities organization oversees these properties, including balancing the real estate portfolio, maximizing revenue, and managing vacant properties. Area and district personnel vacate Postal Service properties due to events such as…