Should USPS Retrofit Facilities for E-commerce Fulfillment?

Three trends make me wonder if there’s money to be found in U.S. Postal Service real estate.

First, the Postal Service continues to bleed, despite higher revenue—no thanks to Congress for its inability to pass meaningful, fixable reforms.

Second, network consolidation continues apace—with 141 facilities consolidated to date in the Postal Service’s plan for Network Rationalization—and another 82 slated for 2015

Third, commercial real estate is booming—in the market for e-commerce warehouses—as online shopping now accounts for 6.2

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