Author Archives: Blaine Willenborg

Postal Realty Trust, Inc. Reports Second Quarter 2020 Results

– Acquired 19 USPS Properties for $10.6 Million During Quarter and 98 USPS Properties for $23.4 Million Subsequent to Quarter End – – Increased Rental Income 8% Quarter-Over-Quarter – – Completed $52.2 Million First Follow-On Offering – – Raised Dividend for Second Time in 2020 – CEDARHURST, N.Y.– Postal Realty Trust, Inc. (NYSE: PSTL), an […]

Postal Realty Trust Declares Second Quarter 2020 Dividend

– Increases Quarterly Dividend 2% per Share – July 30, 2020 07:30 AM Eastern Daylight Time CEDARHURST, N.Y.–(BUSINESS WIRE)–Postal Realty Trust, Inc. (NYSE:PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (the “USPS”), announced today its board of directors has approved a quarterly dividend […]

Postal Realty Trust Launches Public Offering of Class A Common Stock

July 13, 2020 04:15 PM Eastern Daylight Time CEDARHURST, N.Y.–(BUSINESS WIRE)–Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (the “USPS”), today announced the launch of a public offering of 3,500,000 shares of its Class A common stock. In […]

Postal Realty Trust, Inc. Provides Update on Second Quarter Financing Activity

June 29, 2020 07:30 AM Eastern Daylight Time CEDARHURST, N.Y.–(BUSINESS WIRE)–Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (“USPS”), announced the completion of an amendment to its revolving line of credit. The amendment allows additional properties to be […]

Postal Realty Trust Closes on $8.7 Million Portfolio

Company Release – 2/4/2020 7:00 AM ET   – Provides Acquisition Activity Update for 2019 and 2020 – CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE:PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (“USPS”), today announced it has closed on a $8.7 million portfolio with […]

Postal Realty Trust Exercises $50 Million of Accordion Feature on Senior Revolving Credit Facility

Company Release – 2/3/2020 7:00 AM ET CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE:PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (“USPS”), today announced it has exercised a portion of the accordion on its senior revolving credit facility. The accordion increases the available borrowing […]

Postal Realty Trust Declares Fourth Quarter 2019 Dividend

Company Release – 1/30/2020 7:00 AM ET   – Increases Dividend over 21% – – Provides Tax Treatment of 2019 Dividends – CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE:PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (the “USPS”), announced today that its board of […]