Postal Realty Trust, Inc.
PSTL
$12.79
-$0.07-0.54%
Corporate Info
Website
Phone Number
516 295 7820
Address
75 Columbia Avenue
Cedarhurst, NY 11516-2011
Cedarhurst, NY 11516-2011
Country
United States
Year Founded
2018
Details
Sector
Real Estate
Industry
Equity Real Estate Investment Trusts (REITs)
Employees
45
Business Decription
Postal Realty Trust, Inc. (NYSE: PSTL) is an internally managed real estate investment trust that owns properties primarily leased to the United States Postal Service ("USPS"). PSTL is focused on acquiring the network of USPS properties, which provide a critical element of the nation’s logistics infrastructure that facilitates cost effective and efficient last-mile delivery solutions. As of December 31, 2023, PSTL owned 1,509 properties (including two properties accounted for as financing leases) located in 49 states and one territory comprising approximately 5.9 million net leasable interior square feet. Subsequent to quarter-end and through February 23, 2024, PSTL closed on eight additional properties comprising approximately 33,000 net leasable interior square feet.