The relationship of USPS lease costs and lessor location

Posted on August 17, 2015August 17, 2015 by 21cpw

August 17, 2015 Earlier this month Dakotafire Media published a couple of very good articles about the ownership arrangements for post offices. It’s an important issue, since about three-fourths of the country’s post offices operate in spaces leased by the Postal Service. As noted in a recent OIG report, the Postal Service leases more than…

USPS OIG: Postal Service Management of CBRE Real Estate Transactions

Posted on April 28, 2015April 28, 2015 by 21cpw

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…