Universal Express to Form RE Unit

Universal Express Inc., a Boca Raton, Fla.-based company that provides postal services, has announced its intention to form a real estate division.The subsidiary will focus on commercial property acquisitions, commercial loans, and other lending activities. It will also seek to be the lead investor in private placements, limited partnerships, and other activities, with the goal of developing a portfolio sufficient to operate the company as a real estate investment trust, Universal Express said.

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