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3. Facilities
a. Real Estate Inventory
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TABLE 1.2 POSTAL SERVICE REAL ESTATE INVENTORY |
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Total owned facilities |
8,203 |
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Total owned interior square feet |
218,741,826 |
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Total owned land in square feet |
890,468,826 |
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Total leased facilities |
26,594 |
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Total leased interior square feet |
103,179,262 |
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Total GSA/other government facilities |
451 |
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Total GSA/other government interior square feet |
4,446,759 |
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Annual rent paid to lessors |
$818.9 million |
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b. Realty Asset Management
Realty Asset Management is the part of Facilities that provides internal expertise to identify, analyze, and maximize the return on underutilized and surplus real property assets controlled by the Postal Service. This organization generates income from real estate assets by maximizing postal property value through its highest and best use, leasing or subleasing excess postal space to government and public tenants, and selling surplus real property. During 2001, revenues totaling $86.7 million were generated by Realty Asset Management from the following sources:
c. Facilities Workload
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TABLE 1.3 REALTY ASSET MANAGEMENT |
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