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REDMOND, WA-The US Postal Service has retained CB Richard Ellis to sell off a 2.3-acre property it owns in this eastside suburb of Seattle. The site sits adjacent to the Redmond Transit Center and across from the Village Square retail center. The street address is 16135 NE 85th St.

Appraised at approximately $6 million, the property currently holds a 13,000 square-foot building that houses a retail post office. USPS will require a lease-back of the retail portion of the building for up to two years to allow for relocation.

The deadline to submit offers is October 9th, 2009. CBRE Brokers Bryan Hester, Milt Reimers and Art Wahl have the disposition assignment.

“This is a rare opportunity to acquire a large site adjacent to the Redmond Transit Center in the downtown core” Hester says.

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