The United States Postal Service is undergoing a significant leadership change that could have lasting implications for the future of mail delivery and the day-to-day operations of post offices nationwide. In late March 2025, Louis DeJoy officially stepped down as Postmaster General after nearly five years at the helm. DeJoy, who was appointed during the […]
The United States Postal Service (USPS) has been in the news a lot lately as it continues to pursue significant transformations aimed at enhancing efficiency and addressing longstanding financial challenges. The recent resignation of Postmaster General Louis DeJoy and the USPS’s agreement with the Department of Government Efficiency (DOGE) may influence the trajectory of the […]
The Association of United States Postal Lessors (AUSPL) hosted its largest-ever number of attendees at a regional event at the Las Vegas Conference in November 2024; over 100 AUSPL members learned about lease negotiations, building maintenance costs, understanding lease language, and working with EMCOR on maintenance and collection notices. Postal Realty Trust was the main […]
Postal Realty Trust attended the August MTAC meeting at USPS Headquarters in Washington, DC, where Postmaster General (PMG) DeJoy and others discussed current topics relevant to the Postal Service. MTAC is shorthand for the Postmaster General’s Mailers Technical Advisory Committee, and the quarterly meeting provides an opportunity for the Postal Service to share technical information […]
In June 2024, Postal Realty Trust attended the USPS National Postal Forum, along with several thousand other firms engaged in services that interact with the Postal Service. Postmaster General Louis Dejoy, most of his senior officers, and many other high-level managers from the Postal Service provided a variety of presentations on the “state of the […]
In April 2024, the Association of United States Postal Lessors (AUSPL) held its national conference in Miami, FL. Postal Realty Trust was proud to be the Principal Sponsor of the event. The three-day, two-night conference was enjoyed by over 300 attendees. The event was led by AUSPL President Keith LaShier, who also serves as the […]
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 […]
