Senator Dianne Feinstein’s husband sells post offices to his friends, cheap. ft. of commercial real estate space for lease. Investigative reporter Peter Byrne spent the better part of a year gathering information about the postal facilities that had been sold over the past couple of years. It’s brought in over $200 million through these sales and paid out over $3.7 million in commissions to its real estate broker, CBRE. Restaurant and with serviced apartments and, 4 days + 1 hour ago in Commercial Real Estate, We are proud to offer for sale this well-built commercial, 2 days + 1 hour ago in Commercial Real Estate, 19 Sep. 2020 in Realestateview - A & A Realty, 5 Sep. 2020 in squiiz - Ray White Rural Inverell, 28 Aug. 2020 in Homely - Tasmanian Business and Property Sales Tasmanian Business and Property Sales. At one point, there were dozens of them listed for sale on the CBRE-USPS properties for sale website , and it looked like hundreds more were endangered. A larger map and a more detailed version of the list with data from the USPS facilities reports can be found on Google Docs, here. Current lease term - The lease began July 1, 2018 and expires June 30, 2023 with rent at $5,400 per year.. Byrne tells a damning story about conflicts of interest and other shenanigans involving postal officials and the real estate company run by Richard Blum, husband of Senator Dianne Feinstein. That adds up to $355 million, and it doesn’t include properties sold in FY 2013, so the list of 60 doesn’t account for about $140 million in revenues, which is probably associated with the 30 sales that we don’t have in our list. The owners spent thousands of dollars to completely renovate the building new air conditioning,... Common Ridge Estates is a fully Approved 17 Acre plot in East Allentown. The word “disposal” isn’t typically used for terminating leases, but the Postal Service wouldn’t provide any details about how the 600 broke down into leased and owned properties. The only list of facilties for sale that the Postal Service has made public is the USPS-CBRE Properties for Sale website. At this point, the list contains 63 historic post offices recently sold, for sale, or under consideration for sale. You may want to consider the... FSBO: This 24 units apartment building presented for Sale by Owner is fully rented boasting six two bedrooms, fifteen one bedrooms and three... 80,000 sq ft industrial building on 3 acres. This country WA Post Office generates a significant level of profitability with assured income from Australia Post. Byrne summarizes his findings in an extremely informative report entitled Going Postal: U.S. But there are many more historic post offices known to be headed for the marketplace. Through a FOIA request, Byrne obtained a list of 52 USPS properties sold by CBRE over the past three years, and he gathered CBRE invoices for commission payments on nearly all of these properties (many of which are here). The old collie post office building has retaine CBRE sold the entire portfolio for $166 million.”  Yet CBRE has made millions in commissions off these sales. STATUS REPORT ON POST OFFICES SOLD & FOR SALE, HISTORIC POST OFFICES SOLD, FOR SALE, UNDER REVIEW, MAP OF HISTORIC POST OFFICES SOLD & FOR SALE. Overall, the Postal Service has sold at least 60 properties over the past three years, maybe as many as a hundred. Modoc, SC Main Post Office (Sold) Purchase Price $44,400 CAP 9.00% . ft. Here’s a short version of the list of 60 sold properties, followed by a map showing their locations. Burns is the county seat of Harney County, the... 1430 S Missouri Ave - Government Property. It’s well worth reading. He filed several FOIA requests and had to fight with the Postal Service to get information about assessed values and other details on the sales. Commercial - 1.31+/- Acres, with 200'+/- on US Hwy 441 with access on Vindale Rd. ***** Great for headquarters, manufacturing, RD, developers and more. This is one of the last remaining wooded parcels in East Allentown with... Burns, Oregon commonly referred to as the gateway to the Steens Mountains, was founded in 1891. BRING ALL OFFERS. Save the Post Office has not been tracking all potential sales of postal facilities, but we have been keeping a record of historic post offices. 42Floors is a listings site that covers office space for sale, lease, and sublease. Become a FREE LoopNet Member to search hundreds of thousands of Government Properties for sale and other commercial properties for sale and for lease throughout the U.S. and Canada. By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions. -Freehold Available. Find the best offers for offices old post building. The initial contract between CBRE and the USPS failed to specify a maximum amount for what the Postal Service would pay its real estate broker. Search for Government Properties for Sale and Lease. This is a confidential Listing. There’s a Kindle Edition available on Amazon.com, but you don’t need a Kindle to read it; you can access it on any PC, Mac or tablet. It currently lists 42 buildings and 9 land parcels. ... 10700 Caribbean Blvd - Government Property. DO NOT WALK BUILDING UNANNOUNCED. Browse all of LoopNet's Government Property listings and other commercial real estate including Land, Multifamily Apartments, Retail and Office Buildings, Industrial Property, Hotels and Motels, Shopping Centers and much more. Building Size - 864 sq. For more articles and information about historic post offices for sale, check out this resource page. Following are a summary report, list, and map. Government Properties for Sale - LoopNet.com, Government Properties For Sale | LoopNet.com. Portfolio of 2 Properties - Portfolio of 2 Properties. Entrance on main level with finished lower level... 2738 Crossroads Blvd - Government Property. It’s no surprise that the Postal Service would be less than cooperative. Corporate centre. Great opportunity to own a 7 unit apartment building that's fully occupied and cash... ***** VIEW www.loganwaller.com for off market properties and exclusive listings NOT ON LOOPNET! Browse all of LoopNet's Government Property listings and other commercial real estate including Land, Multifamily Apartments, Retail and Office Buildings, Industrial Property, Hotels and Motels, Shopping Centers and much more. Portfolio of 3 Properties - Portfolio of 3 Properties. When asked to provide a list of the properties identified for disposal, the Postal Service typically refers reporters to the CBRE Properties for Sale website. Waller Group Properties is proud to... 4170 Lafayette Center Dr - Government Property. In the 2012 Annual Report to Congress, the Postal Service says it disposed of 43 properties in fiscal year 2011 and 49 in fiscal year 2012. NOTE: An earlier version of this article had a grossly incorrect value for the sale price of the Westport,  CT, post office, which threw off the totals for all of the sales. Located in the heart of the norwest business park, this 41qm office. Ideal office building for professional services including law, engineering, medical... Marcus Millichap, as the exclusive listing agent, is pleased to offer for sale an eight-unit apartment community located at 5801 Packard Street... DO NOT APPROACH TENANTS. A list with more details and a larger map can be found on Google Docs, here. A few properties without buyers have been turned over to the GSA for auction. There may be more, however. That’s the story for what’s been sold recently. 2020 in squiiz - Regional and Rural Realty, 10 Jun. Other post offices have been listed for sale previously but are not on the Properties for Sale website right now, probably because no interested buyers have emerged. Some have gone through a “relocation” procedure, meaning the Postal Service has decided to sell the building and relocate retail services elsewhere. These missing sales may explain the following discrepancy. There’s also a good excerpt from the report in the East Bay Express, here. Search Office Space; 42Floors Office Buildings for Sale. LoopNet operates the most heavily trafficked commercial real estate listing service online, with more than $425 billion of commercial real estate for sale and 5.1 billion sq. ft. Site Size - 7.368 sq. The gross proceeds for the 60 properties totals $215 million. Search for Government Properties for Sale and Lease. Occupied by the USPS in 1968 . You may enter a US or Canadian location in the following formats: Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers. 59 Offices from $40,000. There are many more properties currently on the market or at one stage or another in the process of being made ready for sale. Owner estimates that... Prime Location in downtown Chester, just off the highway. Incomparable Brick Manse Carriage House! Renewal Options - None remain. Many of the sales have been reported in the press, another key source of information about the sales. In an audit report on the contract by the USPS OIG released in June 2013, this failure was the subject of some criticism. MUST SELL. The Harder Mansion of Philmont NY. Located in the... 100% Leased to Zoom Communications ($108 Billion Market Cap) for the next 5 years. Yungaburra has a good supermarket, excellent doctors complex, Near the local bakery/general store, lolly/gift shop/, 24 Jun. The OIG notes that as of February 2013, contract payments to CBRE exceeded $3 million, and postal officials increased contract funding from $2 million to $6 million. 2020 in squiiz - Ray White Albury, 24 Jun. In its 2012 Annual Report to Congress, the Postal Service says that it “reviewed over 4,000 facilities, resulting in the identification of over 600 buildings earmarked for disposal.”  When the New York Times asked for details to help with its article on historic post offices being sold, the Postal Service said the 600 buildings included leased properties and there were no plans to sell that many. It’s not easy getting information out of the Postal Service about the properties it has sold or those it has earmarked for disposal, but thanks to investigative reporter Peter Byrne, a lot of news articles, and various other sources, there’s enough information out there to piece together a picture. Restaurant and with serviced apartments and post office directly opposite the building. Location: Sydney, New South Wales, Australia Description: Retail post office with in excess of 700 private mail boxes and retail area. Once the home of a prominent knitting mill family, is ready for its... Los Angeles Government Properties For Sale, San Antonio Government Properties For Sale, New Port Richey Government Properties For Sale, Bakersfield Government Properties For Sale, Springfield Government Properties For Sale, Post Falls Government Properties For Sale, Casa Grande Government Properties For Sale, Jacksonville Government Properties For Sale, Washington Government Properties For Sale, Woodbridge Government Properties For Sale, San Bernardino Government Properties For Sale, West Palm Beach Government Properties For Sale, Albuquerque Government Properties For Sale, San Francisco Government Properties For Sale, Montgomery Government Properties For Sale, Sacramento Government Properties For Sale. LoopNet also attracts the largest community of commercial real estate professionals looking for Government Properties with more than 7 million members comprised of brokers, corporate executives, service providers, and more than 3 million buyers, tenants and other principals. In addition, over 40 historic post offices are currently listed for sale or under review and headed for the market place. - well designed mail sorting area and local mail run. 2020 in Realestateview - Ray White Rural Inverell, Include restored converted original onslow, offices landmark building australian capital territory. It looks as though 15 of the buildings are historic properties. Based on Byrne’s list of 52 sold properties plus a few more that the Postal Service left out or that occurred after the timeframe of his research, we’ve put together a list of 60 properties sold over the past three years. Post Office - Freehold Available - Post Office - Sales $4,000 P.W. (Photo credit: Norwich CT post office; Westport CT post office), USPS Weekly Reports submitted to Congress, Courts, FOIA and PRC, Post Offices sold and for sale: An update on the inventory, USPS Fact Sheet on Election Mail Preparedness Efforts, USPS memo re: Clarifying Operational Instructions (Sept. 21, 2020), Mandatory Standup Talk: Ready to deliver Election Mail for the nation (Sept. 24, 2020), USPS Memo: Additional Resources for Election Mail Beginning October 1 (Sept. 25, 2020), Steps USPS is taking to improve service performance for election mail (Oct. 1, 2020), Supplemental Guidance Memorandum (October, 2020), A former postmaster’s view: Articles by Mark Jamison, Grand Alliance to Save Our Public Postal Service, OIG: The Road Ahead for Postal Financial Services, OIG: Providing Non-Bank Financial Services for the Underserved, It’s Time for Postal Banking by Mehrsa Baradaran, OIG: Preservation and Disposal of Historic Properties, OIG: What Postal Services Do People Value Most, History of Post Office Construction 1900-1940, Postal Facilities Constructed or Occupied 1940-1971, USPS Facilities Reports State-by-State (as of Dec. 2019), USPS Leased Facilities State Reports (2018), USPS Owned Facilities State Reports (2018), Post Office Suspensions & Discontinuances 2008-2017, Historic Post Offices sold or for sale 2009-2018, Post Offices on or eligible for the National Register, Lawsuits against DeJoy, USPS & Trump over mail delays and election mail, Fall 2020 Newsletter from Community & Postal Workers United, Do It Now: A Timeline of the Postal Service’s Work Hour Reduction Plan.

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