USPS OIG asks, How can the Postal Service put its excess space to good use?


USPS Office of Inspector General: 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: – Requiring USPS to take measures to better manage and account for its property; – Providing for increased collocation … Read More

How to rent a piece of history: JLL’s USPS Properties for Lease


  Last summer Jones Lang LaSalle (JLL) replaced CBRE as the Postal Service’s exclusive provider of real estate services.  As stated on the USPS page on its website, JLL is “the transaction manager and exclusive broker for USPS’ 280 million-square-foot U.S. portfolio.”  JLL is responsible for negotiating leases on 25,500 properties the Postal Service leases from private owners, brokering the sale of … Read More

USPS properties for lease: Business as usual or a new approach to excess space?


The Postal Service and its real estate broker CBRE have created a new website advertising postal properties for lease.  It’s the companion site to the USPS-CBRE Properties for Sale website, which went up in November 2011.  The domain name for the new site was registered in April 2013, but the site may have gone online just in the past few weeks. … Read More