USPS OIG: Postal Service Management of CBRE Real Estate Transactions
Audit Report – SM-AR-15-003 – 04/22/2015 Background Under a June 2011 contract, CBRE Group, Inc. (CBRE) is the sole provider of real estate management services for the U.S. Postal Service. These services include marketing and sale of properties and conducting lease negotiations. In fiscal years 2012 and 2013, CBRE marketed 49 property sales totaling about…