How can the Postal Service put its excess space to good use?

Project Title: Congressional Mandate on Excess Space Start Date: Monday, July 23, 2018 Estimated Report Release Date: November 2018 In December 2016, Congress passed the Federal Property Management Reform Act (FPMRA). The purpose of the FPMRA is to increase efficiency and effectiveness of the federal government, including the Postal Service, in managing its property by:…

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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…

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