Insights for owners and investors
The United States Postal Service (USPS) launched the Delivering for America (DFA) plan in March 2021 to address projected financial losses over the next decade. The plan outlined several goals to achieve financial sustainability and improve service. What were their goals and how have they progressed so far? Challenges and Looking Ahead: While the USPS […]
The recent trend of rising insurance costs, influenced by natural disasters and inflation, is a key concern to all real estate investors. Coupled with the increasing costs of building materials and a strained property reinsurance market, property owners who grew accustomed to single-digit increases over the past decade are suddenly facing premium increases of 20% […]
You may have read or heard the recent news about a potential government shutdown. What is a government shutdown, and what does it mean for my post office? What is a government shutdown? One of the responsibilities of Congress is to fund the government. The House and Senate must agree on how to fund the […]
If you’ve noticed an uptick in EMCOR repair requests for your post office recently, you’re not alone. Many postal lessors have seen a spike in repair requests, often for items they aren’t used to hearing about from their facilities. At least part of the answer is “Gemba.” Commencing in 2017, the Postal Service embraced a […]
From May 21st – May 24th, executives from Postal Realty Trust attended the National Postal Forum held in Charlotte, NC. The NPF is the premier mailing and shipping conference that works directly with the United States Postal Service to provide the industry’s most comprehensive educational and networking platform. For Postal Lessors, the NPF was an […]
The Postal Realty Team descended upon Las Vegas last week, but we weren’t there for the roulette tables. No, our team came to the Neon City to attend the 2023 AUSPL Conference, the largest annual gathering of Postal Lessors. Postal Realty was the principal sponsor of this year’s conference. We joined nearly 400 other Postal […]
The USPS has been working to modernize its delivery network as part of the Postal Service’s Delivering for America Plan. A significant component of this transformation is the repurposing of Processing & Distribution Centers (P&DCs) into new Sorting & Delivery Centers (S&DCs). Delivery Updates Postmaster General Louis DeJoy announced the Delivering for America plan in March 2021. This is the USPS’s […]
As e-commerce continues to grow and dominate the retail industry, Amazon has become one of the most significant players in the market. With its vast network of fulfillment centers and delivery vehicles, Amazon has revolutionized the way we shop online. However, this has also brought about new challenges for postal facilities and their lessors. Amazon relies on the […]
As you may have heard, President Biden signed the Postal Service Reform Act into law. This historic legislation is expected to stabilize the U.S. Postal Service’s (USPS) finances and enable it to modernize its services. The Pain of the Post Office The Postal Service Reform Act eliminates the USPS’ unusual and onerous legal requirement to […]
As you may have heard, Congress recently passed the Postal Service Reform Act with overwhelming bipartisan support, shoring up the agency’s finances for years to come. In addition to its financial implications, we found several additional areas of the legislation interesting: This bill increases flexibility for the agency and offers enormous financial benefits, as well as ensures […]
