Symbols

PSTL

Postal Realty Trust·NYSE

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PSTL Profile

Postal Realty Trust, Inc.

A REIT that owns properties leased to the USPS

Industry

Mortgage Real Estate Investment Trusts (REITs)

Established Date

11/19/2018

Listing Date

05/15/2019

Exchange

New York Stock Exchange

Full-time Employees

Fiscal Year Ends

12-31

Website

www.postalrealty.com

Security Type

Common stock

Office address

75 Columbia Avenue, Cedarhurst, NY 11516

Business

Introduction

Postal Realty Trust, Inc., a Maryland corporation, was founded on November 19, 2018. The Company is an internally managed real estate company that owns and manages properties leased to the United States Postal Service (USPS). Upon completion of this offering and related formation transactions, the Company will own and manage an initial portfolio of 271 postal properties located in 40 states, including 871,843 net rentable internal square feet, all of which are leased to USPS and through the Company's taxable REIT subsidiary, or TRS, The Company will provide fee-based third-party property management services for an additional 401 postal properties leased to USPS and owned by Mr. Spodek's family members and associates.