IRR-Orange County awarded USPS leased sites to appraise
LAGUNA HILLS, CA - Faced with plummeting mail volume traced to the recession and increased use of the Internet, the Postal Service is projecting a deficit of nearly $7 billion for the next fiscal year.
Despite reducing expenses by more than $1 billion every year since 2001, a budget gap remains. Some local carrier annexes have prepared to fight rising costs by obtaining current market value appraisals on the leases in place.
"Buena Park USPS site has been on a honey moon for about 40 years paying rent at pennies a sq ft." states Troy Webb, CGA of IRR- Orange County.
The good news is current rental rates were obtained at approximately 50% off for all sites.
Oddly things won't fare too bad for the Buena Park site with the honeymoon over, while substantially bolstering the cost savings efforts of the United States Postal Service thanks to the diligent and difficult due- diligence & assignment undertaken by Integra Realty Resources- Orange County and Troy Webb, CGA.
Oddly things won't fare too bad for the Buena Park site with the honeymoon over, while substantially bolstering the cost savings efforts of the United States Postal Service thanks to the diligent and difficult due- diligence & assignment undertaken by Integra Realty Resources- Orange County and Troy Webb, CGA.
These efforts are part of a fair and balanced approach to insuring mail service for all Americans well into the future. Postmaster General John E. Potter (middle left photo) said he does not want customers to bear the burden of dramatic price increases.
Integra Realty Resources- Orange & Riverside Counties combines the quality and resources of a national firm with market knowledge and superior service delivered from a locally owned office.
Core Services Provided; Appraisal, Consulting, Portfolio Valuation, Partial Interest Valuation, Market & Feasibility Analysis & Due Diligence. Specialty Practice Services; Litigation Support, Advisory Services, Ad Valorem Tax Consulting, Due Diligence, Buyer/Seller Advisory Services, and Market Studies.
Contact: Debi Simon, Integra Realty Resources Orange & Riverside Counties, Phone 949-709-7200 X 234; Email: dsimon@irr.com
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