Company Release – 01/11/2021 CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased primarily to the United States Postal Service (the “USPS”), today announced the pricing of an upsized underwritten public offering of 3,250,000 shares of its Class A common stock at […]
Category Archives: News
Company Release – 01/11/2021 CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased primarily to the United States Postal Service (the “USPS”), today announced the launch of a public offering of 2,750,000 shares of its Class A common stock. In addition, the Company […]
Company Release – 01/04/2021 – Appoints Robert Klein as Chief Financial Officer – CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased primarily to the United States Postal Service (“USPS”), is pleased to announce the appointment of Robert Klein as the Company’s Chief Financial […]
Company Release – 01/04/2021 – Completed ~$130.3 Million in Acquisitions in 2020 – – Fully Executed 72 Holdover Leases, Landlord Executed Additional 16 Leases – CEDARHURST, N.Y. –(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased primarily to the United States Postal Service (“USPS”), […]
Company Release – 12/21/2020 CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns properties primarily leased to the United States Postal Service (“USPS”), today announced it closed an approximately $30.2 million property level financing on its recently acquired approximately 431,000-square foot industrial property located in […]
Company Release – 12/08/2020 – Company Exceeds $100 Million Acquisition Target for 2020 – CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally-managed real estate investment trust that owns properties primarily leased to the United States Postal Service (“USPS”), today announced it closed on a 100% occupied 431,000-square foot industrial property located […]
Company Release – 11/10/2020 – Acquired 123 USPS Properties for $27.6 Million During Quarter – – Increased Rental Income 13.6% Quarter-Over-Quarter – – Raised Dividend for Third Time in 2020 and Over 54% in Past Year – – Executed Agreements to Acquire $10.1 Million in Postal Properties – – Entered into Material Agreement for $47.0 Million […]
Company Release – 10/05/2020 – Provides Update on Q3 2020 Collections, Acquisitions and Holdover Leases – CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL), an internally managed real estate investment trust that owns properties leased to the United States Postal Service (“USPS”), today announced the acquisition of a 49,500 square foot postal property located in […]
– 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 […]
The U.S. Postal Service “has a virtual monopoly on the last mile,” according to REIT CEO Andrew Spodek. John Egan | Aug 07, 2020 When most of us hear “The check’s in the mail,” we perceive it as a brush-off. But for Andrew Spodek, CEO of Postal Realty Trust Inc., that phrase is a stamp of approval. […]
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