Category Archives: Press Releases

Postal Realty Trust, Inc. Reports Fourth Quarter 2019 Results

Company Release – 3/25/2020 4:05 PM ET – Completed $88 Million of Acquisitions since May 2019 IPO – – Doubled Revenue, Properties and Square Footage Owned – – Increased Rental Revenue 31% Quarter-Over-Quarter – – Increased Quarterly Dividend by 21% – CEDARHURST, N.Y.–(BUSINESS WIRE)– Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate […]

Postal Realty Trust, Inc. to Report Fourth Quarter 2019 Financial Results on March 25, 2020

Company Release – 3/24/2020 2:04 PM ET 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 or “USPS”, announced today it will report its financial results for the year-end December 31, 2019 on Wednesday, March 25, 2020, after the market close. […]

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 […]

Postal Realty Trust Substantially Completes Acquisition of 22-Property US Postal Service Portfolio

Company Release – 1/13/2020 6:00 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 closed on the acquisition of 21 of the 22 properties (the “Portfolio”) previously announced on December 4, 2019. […]

Postal Realty Trust Enters into Definitive Agreement to Acquire $15.5 Million Portfolio

Company Release – 12/4/2019 6:30 AM ET – To Issue $8.2 Million in OP Units at $17.00 per Unit as Part of Consideration – 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 it has entered into […]

Postal Realty Trust Completes Acquisition of 113-Property US Postal Service Portfolio

Company Release – 11/25/2019 7:00 AM ET – Brings Year-to-Date Acquisition Volume to $51.8 Million – 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 closed on the remaining 91 properties of the 113-property US […]

NAREIT Podcast featuring Andrew Spodek, Postal Realty Trust CEO

Andrew Spodek, CEO of Postal Realty Trust was a guest on the latest edition of the Nareit REIT Report podcast. Full article and audio available at Nareit.com Highlights: Postal Realty Trust owns 366 post office properties across 43 states and was one of only a handful of REIT IPOs that occurred in 2019. Spodek noted that […]

Postal Realty Trust, Inc. Reports Third Quarter 2019 Results

Company Release – 11/11/2019 7:00 AM ET – Rental Revenue Grew 68.4% – – Closed on $28.4 Million of Acquisitions Since IPO – – Raised Quarterly Dividend – 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 its results […]