A vital component of America's logistics infrastructure
We are proud to own postal properties across the nation that support America’s critical logistics network, including last-mile, flex and industrial buildings. With the continued growth of e-commerce, the USPS’s unmatched network will remain indispensable. As the largest owner of properties leased to the USPS, Postal Realty Trust has the experience, scale and passion for the industry to continue consolidating this highly fragmented market, which we estimate to be around $15B in size.
Large, Growing, Diverse Portfolio
Properties
1,517
Total Interior Sq. Ft.
5.9MM
Annualized Base Rent
$55.3MM
Last-Mile¹
22.2%
Flex¹
50.9%
Industrial¹
26.9%
As of February 23, 2024
Note: Figures for PSTL’s owned portfolio. 1) Figures for PSTL’s owned and occupied USPS properties.
Geographically Diverse Portfolio
Select state for specific details.
Alaska
Annualized Base Rent
$46,772
Percent Total Base Rent
0.1%
Properties
1
Interior Square Feet
2,820
Diversification by Property Type
Last-Mile
—
Flex
100.0%
Industrial
—
Alabama
Annualized Base Rent
$1,966,934
Percent Total Base Rent
3.6%
Properties
30
Interior Square Feet
288,427
Diversification by Property Type
Last-Mile
5.8%
Flex
32.4%
Industrial
61.8%
Arkansas
Annualized Base Rent
$805,833
Percent Total Base Rent
1.5%
Properties
32
Interior Square Feet
82,139
Diversification by Property Type
Last-Mile
36.2%
Flex
63.8%
Industrial
—
Arizona
Annualized Base Rent
$692,434
Percent Total Base Rent
1.3%
Properties
12
Interior Square Feet
39,469
Diversification by Property Type
Last-Mile
22.5%
Flex
77.5%
Industrial
—
California
Annualized Base Rent
$2,942,469
Percent Total Base Rent
5.3%
Properties
33
Interior Square Feet
203,323
Diversification by Property Type
Last-Mile
5.7%
Flex
94.3%
Industrial
—
Colorado
Annualized Base Rent
$1,385,150
Percent Total Base Rent
2.5%
Properties
21
Interior Square Feet
86,271
Diversification by Property Type
Last-Mile
7.7%
Flex
92.3%
Industrial
—
Connecticut
Annualized Base Rent
$603,240
Percent Total Base Rent
1.1%
Properties
8
Interior Square Feet
38,926
Diversification by Property Type
Last-Mile
2.1%
Flex
97.9%
Industrial
—
Delaware
Annualized Base Rent
$99,402
Percent Total Base Rent
0.2%
Properties
3
Interior Square Feet
6,339
Diversification by Property Type
Last-Mile
51.7%
Flex
48.3%
Industrial
—
Florida
Annualized Base Rent
$1,624,745
Percent Total Base Rent
2.9%
Properties
28
Interior Square Feet
150,917
Diversification by Property Type
Last-Mile
9.5%
Flex
90.5%
Industrial
—
Georgia
Annualized Base Rent
$914,407
Percent Total Base Rent
1.7%
Properties
31
Interior Square Feet
78,289
Diversification by Property Type
Last-Mile
39.1%
Flex
60.9%
Industrial
—
Hawaii
Annualized Base Rent
$281,251
Percent Total Base Rent
0.5%
Properties
1
Interior Square Feet
9,705
Diversification by Property Type
Last-Mile
—
Flex
100.0%
Industrial
—
Iowa
Annualized Base Rent
$802,443
Percent Total Base Rent
1.5%
Properties
35
Interior Square Feet
87,408
Diversification by Property Type
Last-Mile
37.2%
Flex
62.8%
Industrial
—
Idaho
Annualized Base Rent
$163,304
Percent Total Base Rent
0.3%
Properties
12
Interior Square Feet
18,514
Diversification by Property Type
Last-Mile
71.4%
Flex
28.6%
Industrial
—
Illinois
Annualized Base Rent
$1,447,240
Percent Total Base Rent
2.6%
Properties
77
Interior Square Feet
144,466
Diversification by Property Type
Last-Mile
60.6%
Flex
39.4%
Industrial
—
Indiana
Annualized Base Rent
$889,492
Percent Total Base Rent
1.6%
Properties
29
Interior Square Feet
87,102
Diversification by Property Type
Last-Mile
28.3%
Flex
71.7%
Industrial
—
Kansas
Annualized Base Rent
$1,461,002
Percent Total Base Rent
2.6%
Properties
31
Interior Square Feet
453,293
Diversification by Property Type
Last-Mile
5.9%
Flex
6.4%
Industrial
87.7%
Kentucky
Annualized Base Rent
$509,346
Percent Total Base Rent
0.9%
Properties
27
Interior Square Feet
45,953
Diversification by Property Type
Last-Mile
70.5%
Flex
29.5%
Industrial
—
Louisiana
Annualized Base Rent
$1,225,949
Percent Total Base Rent
2.2%
Properties
34
Interior Square Feet
111,941
Diversification by Property Type
Last-Mile
26.2%
Flex
73.8%
Industrial
—
Massachusetts
Annualized Base Rent
$1,639,647
Percent Total Base Rent
3.0%
Properties
20
Interior Square Feet
80,707
Diversification by Property Type
Last-Mile
10.7%
Flex
89.3%
Industrial
—
Maryland
Annualized Base Rent
$236,290
Percent Total Base Rent
0.4%
Properties
8
Interior Square Feet
17,422
Diversification by Property Type
Last-Mile
49.6%
Flex
50.4%
Industrial
—
Maine
Annualized Base Rent
$716,736
Percent Total Base Rent
1.3%
Properties
44
Interior Square Feet
58,860
Diversification by Property Type
Last-Mile
75.0%
Flex
25.0%
Industrial
—
Michigan
Annualized Base Rent
$1,783,077
Percent Total Base Rent
3.2%
Properties
59
Interior Square Feet
184,178
Diversification by Property Type
Last-Mile
33.6%
Flex
66.4%
Industrial
—
Minnesota
Annualized Base Rent
$1,461,955
Percent Total Base Rent
2.6%
Properties
63
Interior Square Feet
147,271
Diversification by Property Type
Last-Mile
43.6%
Flex
56.4%
Industrial
—
Missouri
Annualized Base Rent
$976,099
Percent Total Base Rent
1.8%
Properties
45
Interior Square Feet
104,280
Diversification by Property Type
Last-Mile
40.8%
Flex
59.2%
Industrial
—
Mississippi
Annualized Base Rent
$1,051,426
Percent Total Base Rent
1.9%
Properties
30
Interior Square Feet
91,317
Diversification by Property Type
Last-Mile
28.9%
Flex
71.1%
Industrial
—
Montana
Annualized Base Rent
$426,996
Percent Total Base Rent
0.8%
Properties
13
Interior Square Feet
35,623
Diversification by Property Type
Last-Mile
29.9%
Flex
70.1%
Industrial
—
North Carolina
Annualized Base Rent
$2,700,117
Percent Total Base Rent
4.9%
Properties
59
Interior Square Feet
234,330
Diversification by Property Type
Last-Mile
22.0%
Flex
78.0%
Industrial
—
North Dakota
Annualized Base Rent
$277,986
Percent Total Base Rent
0.5%
Properties
22
Interior Square Feet
27,447
Diversification by Property Type
Last-Mile
100.0%
Flex
—
Industrial
—
Nebraska
Annualized Base Rent
$408,554
Percent Total Base Rent
0.7%
Properties
31
Interior Square Feet
48,802
Diversification by Property Type
Last-Mile
60.4%
Flex
39.6%
Industrial
—
New Hampshire
Annualized Base Rent
$192,082
Percent Total Base Rent
0.3%
Properties
8
Interior Square Feet
11,523
Diversification by Property Type
Last-Mile
100.0%
Flex
—
Industrial
—
New Jersey
Annualized Base Rent
$436,085
Percent Total Base Rent
0.8%
Properties
9
Interior Square Feet
22,937
Diversification by Property Type
Last-Mile
40.0%
Flex
60.0%
Industrial
—
New Mexico
Annualized Base Rent
$292,634
Percent Total Base Rent
0.5%
Properties
8
Interior Square Feet
22,148
Diversification by Property Type
Last-Mile
25.0%
Flex
75.0%
Industrial
—
Nevada
Annualized Base Rent
$327,051
Percent Total Base Rent
0.6%
Properties
5
Interior Square Feet
18,216
Diversification by Property Type
Last-Mile
20.9%
Flex
79.1%
Industrial
—
New York
Annualized Base Rent
$2,178,113
Percent Total Base Rent
3.9%
Properties
58
Interior Square Feet
142,467
Diversification by Property Type
Last-Mile
41.7%
Flex
58.3%
Industrial
—
Ohio
Annualized Base Rent
$1,798,343
Percent Total Base Rent
3.3%
Properties
41
Interior Square Feet
174,923
Diversification by Property Type
Last-Mile
14.0%
Flex
86.0%
Industrial
—
Oklahoma
Annualized Base Rent
$1,449,145
Percent Total Base Rent
2.6%
Properties
60
Interior Square Feet
152,976
Diversification by Property Type
Last-Mile
37.3%
Flex
62.7%
Industrial
—
Oregon
Annualized Base Rent
$485,949
Percent Total Base Rent
0.9%
Properties
6
Interior Square Feet
26,664
Diversification by Property Type
Last-Mile
13.0%
Flex
87.0%
Industrial
—
Pennsylvania
Annualized Base Rent
$6,296,067
Percent Total Base Rent
11.4%
Properties
103
Interior Square Feet
732,249
Diversification by Property Type
Last-Mile
12.0%
Flex
29.2%
Industrial
58.8%
Puerto Rico
Annualized Base Rent
$41,675
Percent Total Base Rent
0.1%
Properties
1
Interior Square Feet
2,940
Diversification by Property Type
Last-Mile
—
Flex
100.0%
Industrial
—
Rhode Island
Annualized Base Rent
—
Percent Total Base Rent
—
Properties
—
Interior Square Feet
—
Diversification by Property Type
Last-Mile
—
Flex
—
Industrial
—
South Carolina
Annualized Base Rent
$879,539
Percent Total Base Rent
1.6%
Properties
26
Interior Square Feet
72,783
Diversification by Property Type
Last-Mile
22.4%
Flex
77.6%
Industrial
—
South Dakota
Annualized Base Rent
$377,653
Percent Total Base Rent
0.7%
Properties
24
Interior Square Feet
34,570
Diversification by Property Type
Last-Mile
78.4%
Flex
21.6%
Industrial
—
Tennessee
Annualized Base Rent
$1,228,199
Percent Total Base Rent
2.2%
Properties
28
Interior Square Feet
131,416
Diversification by Property Type
Last-Mile
19.3%
Flex
80.7%
Industrial
—
Texas
Annualized Base Rent
$2,784,327
Percent Total Base Rent
5.0%
Properties
97
Interior Square Feet
266,601
Diversification by Property Type
Last-Mile
25.1%
Flex
74.9%
Industrial
—
Utah
Annualized Base Rent
$197,073
Percent Total Base Rent
0.4%
Properties
4
Interior Square Feet
13,680
Diversification by Property Type
Last-Mile
7.8%
Flex
92.2%
Industrial
—
Virginia
Annualized Base Rent
$1,206,600
Percent Total Base Rent
2.2%
Properties
27
Interior Square Feet
101,845
Diversification by Property Type
Last-Mile
14.2%
Flex
85.8%
Industrial
—
Vermont
Annualized Base Rent
$601,173
Percent Total Base Rent
1.1%
Properties
21
Interior Square Feet
33,723
Diversification by Property Type
Last-Mile
60.3%
Flex
39.7%
Industrial
—
Washington
Annualized Base Rent
$230,846
Percent Total Base Rent
0.4%
Properties
9
Interior Square Feet
17,724
Diversification by Property Type
Last-Mile
52.4%
Flex
47.6%
Industrial
—
Wisconsin
Annualized Base Rent
$3,576,366
Percent Total Base Rent
6.5%
Properties
87
Interior Square Feet
833,782
Diversification by Property Type
Last-Mile
9.1%
Flex
21.9%
Industrial
69.0%
West Virginia
Annualized Base Rent
$901,821
Percent Total Base Rent
1.6%
Properties
45
Interior Square Feet
85,106
Diversification by Property Type
Last-Mile
42.0%
Flex
58.0%
Industrial
—
Wyoming
Annualized Base Rent
$245,939
Percent Total Base Rent
0.4%
Properties
9
Interior Square Feet
24,063
Diversification by Property Type
Last-Mile
30.4%
Flex
69.6%
Industrial
—
As of February 23, 2024 Figures for PSTL’s owned and occupied USPS properties.
In 1967, Congress passed the first law dedicating a postal facility in honor of an individual. Since then, post offices around the country have been dedicated to influential members of society. We are honored to count sixteen dedicated facilities among our portfolio.
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