Company Description
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.
| Country | United States |
| IPO Date | May 15, 2019 |
| Industry | REIT - Office |
| Sector | Real Estate |
| Employees | 46 |
| CEO | Andrew Spodek |
Contact Details
Address: 75 Columbia Ave Cedarhurst, New York 11516 United States | |
| Phone | 576-295-7820 |
| Website | postalrealtytrust.com |
Stock Details
| Ticker Symbol | PSTL |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $17.00 |
| CIK Code | 0001759774 |
| CUSIP Number | 73757R102 |
| ISIN Number | US73757R1023 |
| Employer ID | 83-2586114 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Andrew Spodek | Chief Executive Officer and Director |
| Jeremy Garber J.D. | President, Treasurer and Secretary |
| Robert B. Klein | Chief Financial Officer |
| Matthew H. Brandwein | Senior Vice President and Chief Accounting Officer |
| Carrie Herz | Senior Vice President and Corporate Counsel |
| Raphael Harel | Senior Vice President of Acquisitions |
| Isaac Richter | Executive Vice President and Head of Asset Management |
| David Loss | Executive Vice President and Head of Real Estate |
| Jie Chai | Senior Vice President and Corporate Counsel Securities and Capital Markets |
| Marc Lefkovich | Vice President and Property Controller |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 29, 2024 | ARS | Filing |
| Mar 29, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 29, 2024 | DEF 14A | Other definitive proxy statements |
| Mar 15, 2024 | 144 | Filing |
| Mar 4, 2024 | 144 | Filing |
| Feb 29, 2024 | 424B5 | Filing |
| Feb 29, 2024 | 10-K | Annual Report |
| Feb 26, 2024 | 8-K | Current Report |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 29, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |