Downtown Milwaukee post office for sale, $12.8 million

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MILWAUKEE (AP) — A commercial real estate company says the owners of the downtown Milwaukee post office building are selling it for $12.8 million.

The U.S. Postal Service leases the 1 million square-foot property. DTZ Barry says the Postal Service has been housed at the downtown building since 1970.

DTZ Barry spokesman Kurt Van Dyke says it’s a significant property in terms of future redevelopment potential. The building sits on 9 acres along the Menomonee River.