Post Office Hires Steinco for Midwest Renewals

CHICAGO-The United States Postal Service has asked the local company to handle about 300 lease renewals throughout the Midwest in 2011.

By Robert Carr | Updated on December 15, 2010

CHICAGO-Steinco Inc., based here, is now handling lease renewals for the US Postal Service in the Midwest. The government hired the company to reduce overhead and create more flexible terms for its interests in five states, including Illinois, Indiana and Wisconsin.

The leases are for between 400 square feet to 25,000 square feet, and always for property already used by the post office. “We think next year we’ll do about 300 leases for the postal service,” says David Stein, managing principal of the company.

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