Former Parma GM transmission plant bought by owner of numerous U.S. Postal Service buildings

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Former Parma GM transmission plant bought by owner of numerous U.S. Postal Service buildings
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Industrial Commercial Properties of Solon sold the property to an affiliate of the Oakbrook, Illinois-based American Postal Infrastructure.

The former GM transmission plant in Parma.CLEVELAND, Ohio — A suburban Chicago company that owns buildings used by the U.S. Postal Service paid $34 million for a former General Motors transmission plant in Parma being used to store and process mail.

says it owns more than 550 post offices in 41 states and Puerto Rico. Several of those are in Ohio, including a post office on Broadview Road in Richfield it bought for $420,000 in May 2020, according to Summit County property records. The goal was for packages to move through the mail system more quickly and prevent the kind of delays residents in Cleveland and across the country saw over the 2020 holidays.

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