Monday, September 8, 2008

NAI Members Complete Dispositions on Behalf of USPS

NAI Members Complete Dispositions on Behalf of USPS

With the recent expansion of our corporate services contract with the United States Postal Service, NAI Global has placed personnel with the USPS Denver asset management office to expedite the flow of assignments out to the market. As a result of the new contract scope, several USPS projects are starting to flow out of Denver and their regional FSO offices. Below are some of the recent dispositions NAI agents have completed on behalf of USPS and there are many more deals in the pipeline that are nearing completion.

  • Robert Sullivan of NAI Sullivan sold a 236,000 SF vacant USPS facility in Oklahoma City for $3.68 million to The City of Oklahoma City.
  • Richard Stone and Duff Friend of NAI Latter Blum negotiated a lease buyout on a 30,000 SF vacant USPS Air Mail Facility at the Louis Armstrong New Orleans International Airport saving the USPS in excess of $1 million in lease obligations.
  • Jim Kovaleski of NAI BT Commercial negotiated a $6 million, 50,000 SF lease renewal for the USPS in Sunnyvale, California.
  • John Boote and David Fritz of NAI KLNB negotiated a 17,000 SF, $3.4 million lease renewal for the USPS Postal Inspectors in Columbia, Maryland.
  • Kelly Bland of NAI Alliance sold a 1 acre USPS owned parcel for $316,000 in South Lake Tahoe City, California.
  • Jeffrey Wasserman and Neil Merin of NAI Merin Hunter Codman represented the USPS in a 10 year, $1.9 million lease relocation in West Palm Beach, Florida.
  • Lloyd Norfleet and Suzanne Anderson of NAI Rauch, Weaver, Norfleet, Kurtz & Co. sold a 2 acre parcel for the USPS in Miramar, Florida, for $1.9 million.