Showing posts with label CBRE. Show all posts
Showing posts with label CBRE. Show all posts

Tuesday, February 9, 2016

How the Postal Service sold Richmond's Saunders Station PO for a song

How the Postal Service sold Richmond's Saunders Station PO for a song

From the article: "...(Disposing of properties below their market value is the subject of a scathing report by reporter Peter Byrne, Going Postal: U.S. Senator Dianne Feinstein's husband sells post offices to his friends, cheap., which argues that CBRE, the Postal Service's real estate agent, is helping out its friends and clients with deals on postal property. The USPS Office of Inspector General has also done several audits criticizig the USPS-CBRE contract ..."


Article Reference: www.savethepostoffice.com

Monday, October 28, 2013

Update on Postal Service properties for sale

Post Offices sold and for sale: An update on the inventory

From the article: "... had to fight with the Postal Service to get information about assessed values and other details on the sales. It’s no surprise that the Postal Service would be less than cooperative. As Byrne’s study reveals, many of the facilities were sold at less-than-market value, and it appears that the main beneficiary of most of the sales was the Postal Service’s real estate broker, CBRE...."


Article Reference: www.savethepostoffice.com
Real Estate (postal property for sale), Post Office for Sale, CBRE,