Portfolio

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

1,720

Total Interior
Sq. Ft.

6.5MM

Annualized
Base Rent

$70.3MM

Last-Mile¹

23.1%

Flex¹

52.5%

Industrial¹

24.4%


As of February 14, 2025

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
$205,709
Percent Total Base Rent
0.3%
Properties
2
Interior Square Feet
5,680

Diversification by Property Type

Last-Mile
Flex
100.0%
Industrial

Alabama

Annualized Base Rent
$2,152,506
Percent Total Base Rent
3.1%
Properties
32
Interior Square Feet
301,722

Diversification by Property Type

Last-Mile
6.2%
Flex
34.8%
Industrial
59.0%

Arkansas

Annualized Base Rent
$964,819
Percent Total Base Rent
1.4%
Properties
35
Interior Square Feet
86,347

Diversification by Property Type

Last-Mile
36.1%
Flex
63.9%
Industrial

Arizona

Annualized Base Rent
$943,568
Percent Total Base Rent
1.3%
Properties
14
Interior Square Feet
49,779

Diversification by Property Type

Last-Mile
17.8%
Flex
82.2%
Industrial

California

Annualized Base Rent
$3,563,245
Percent Total Base Rent
5.1%
Properties
38
Interior Square Feet
226,928

Diversification by Property Type

Last-Mile
6.5%
Flex
93.5%
Industrial

Colorado

Annualized Base Rent
$1,901,388
Percent Total Base Rent
2.7%
Properties
30
Interior Square Feet
115,578

Diversification by Property Type

Last-Mile
11.1%
Flex
88.9%
Industrial

Connecticut

Annualized Base Rent
$949,255
Percent Total Base Rent
1.4%
Properties
12
Interior Square Feet
52,114

Diversification by Property Type

Last-Mile
5.7%
Flex
94.3%
Industrial

Delaware

Annualized Base Rent
$121,681
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
$2,887,867
Percent Total Base Rent
4.1%
Properties
37
Interior Square Feet
211,482

Diversification by Property Type

Last-Mile
10.1%
Flex
89.9%
Industrial

Georgia

Annualized Base Rent
$1,072,635
Percent Total Base Rent
1.5%
Properties
34
Interior Square Feet
83,828

Diversification by Property Type

Last-Mile
43.2%
Flex
56.8%
Industrial

Hawaii

Annualized Base Rent
$291,095
Percent Total Base Rent
0.4%
Properties
1
Interior Square Feet
9,705

Diversification by Property Type

Last-Mile
Flex
100.0%
Industrial

Iowa

Annualized Base Rent
$953,541
Percent Total Base Rent
1.4%
Properties
38
Interior Square Feet
92,025

Diversification by Property Type

Last-Mile
40.3%
Flex
59.7%
Industrial

Idaho

Annualized Base Rent
$166,133
Percent Total Base Rent
0.2%
Properties
12
Interior Square Feet
18,514

Diversification by Property Type

Last-Mile
71.4%
Flex
28.6%
Industrial

Illinois

Annualized Base Rent
$1,732,309
Percent Total Base Rent
2.5%
Properties
88
Interior Square Feet
160,990

Diversification by Property Type

Last-Mile
62.1%
Flex
37.9%
Industrial

Indiana

Annualized Base Rent
$1,089,492
Percent Total Base Rent
1.6%
Properties
33
Interior Square Feet
92,736

Diversification by Property Type

Last-Mile
32.7%
Flex
67.3%
Industrial

Kansas

Annualized Base Rent
$2,447,949
Percent Total Base Rent
3.5%
Properties
35
Interior Square Feet
459,545

Diversification by Property Type

Last-Mile
6.5%
Flex
7.0%
Industrial
86.5%

Kentucky

Annualized Base Rent
$572,250
Percent Total Base Rent
0.8%
Properties
27
Interior Square Feet
46,987

Diversification by Property Type

Last-Mile
64.3%
Flex
35.7%
Industrial

Louisiana

Annualized Base Rent
$1,591,937
Percent Total Base Rent
2.3%
Properties
39
Interior Square Feet
126,213

Diversification by Property Type

Last-Mile
26.4%
Flex
73.6%
Industrial

Massachusetts

Annualized Base Rent
$1,806,059
Percent Total Base Rent
2.6%
Properties
22
Interior Square Feet
89,798

Diversification by Property Type

Last-Mile
9.6%
Flex
90.4%
Industrial

Maryland

Annualized Base Rent
$465,974
Percent Total Base Rent
0.7%
Properties
11
Interior Square Feet
27,617

Diversification by Property Type

Last-Mile
34.9%
Flex
65.1%
Industrial

Maine

Annualized Base Rent
$856,654
Percent Total Base Rent
1.2%
Properties
44
Interior Square Feet
58,860

Diversification by Property Type

Last-Mile
75.0%
Flex
25.0%
Industrial

Michigan

Annualized Base Rent
$2,356,941
Percent Total Base Rent
3.4%
Properties
71
Interior Square Feet
200,670

Diversification by Property Type

Last-Mile
39.1%
Flex
60.9%
Industrial

Minnesota

Annualized Base Rent
$1,831,178
Percent Total Base Rent
2.6%
Properties
72
Interior Square Feet
164,175

Diversification by Property Type

Last-Mile
46.2%
Flex
53.8%
Industrial

Missouri

Annualized Base Rent
$1,092,394
Percent Total Base Rent
1.6%
Properties
45
Interior Square Feet
105,224

Diversification by Property Type

Last-Mile
41.3%
Flex
58.7%
Industrial

Mississippi

Annualized Base Rent
$1,221,031
Percent Total Base Rent
1.7%
Properties
34
Interior Square Feet
96,001

Diversification by Property Type

Last-Mile
32.4%
Flex
67.6%
Industrial

Montana

Annualized Base Rent
$623,979
Percent Total Base Rent
0.9%
Properties
16
Interior Square Feet
46,796

Diversification by Property Type

Last-Mile
24.5%
Flex
75.5%
Industrial

North Carolina

Annualized Base Rent
$3,040,846
Percent Total Base Rent
4.3%
Properties
66
Interior Square Feet
249,886

Diversification by Property Type

Last-Mile
22.3%
Flex
77.7%
Industrial

North Dakota

Annualized Base Rent
$313,814
Percent Total Base Rent
0.4%
Properties
23
Interior Square Feet
28,036

Diversification by Property Type

Last-Mile
100.0%
Flex
Industrial

Nebraska

Annualized Base Rent
$598,994
Percent Total Base Rent
0.9%
Properties
39
Interior Square Feet
63,008

Diversification by Property Type

Last-Mile
65.2%
Flex
34.8%
Industrial

New Hampshire

Annualized Base Rent
$212,075
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
$575,784
Percent Total Base Rent
0.8%
Properties
11
Interior Square Feet
27,502

Diversification by Property Type

Last-Mile
40.8%
Flex
59.2%
Industrial

New Mexico

Annualized Base Rent
$512,356
Percent Total Base Rent
0.7%
Properties
10
Interior Square Feet
30,747

Diversification by Property Type

Last-Mile
18.0%
Flex
82.0%
Industrial

Nevada

Annualized Base Rent
$327,051
Percent Total Base Rent
0.5%
Properties
5
Interior Square Feet
18,216

Diversification by Property Type

Last-Mile
20.9%
Flex
79.1%
Industrial

New York

Annualized Base Rent
$2,908,959
Percent Total Base Rent
4.1%
Properties
72
Interior Square Feet
176,589

Diversification by Property Type

Last-Mile
41.4%
Flex
58.6%
Industrial

Ohio

Annualized Base Rent
$2,777,414
Percent Total Base Rent
4.0%
Properties
54
Interior Square Feet
217,225

Diversification by Property Type

Last-Mile
16.8%
Flex
83.2%
Industrial

Oklahoma

Annualized Base Rent
$1,689,581
Percent Total Base Rent
2.4%
Properties
65
Interior Square Feet
162,168

Diversification by Property Type

Last-Mile
39.2%
Flex
60.8%
Industrial

Oregon

Annualized Base Rent
$845,445
Percent Total Base Rent
1.2%
Properties
11
Interior Square Feet
50,168

Diversification by Property Type

Last-Mile
8.7%
Flex
91.3%
Industrial

Pennsylvania

Annualized Base Rent
$7,112,634
Percent Total Base Rent
10.1%
Properties
104
Interior Square Feet
734,531

Diversification by Property Type

Last-Mile
12.3%
Flex
29.1%
Industrial
58.6%

Puerto Rico

Annualized Base Rent
$103,856
Percent Total Base Rent
0.1%
Properties
2
Interior Square Feet
8,862

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
$1,057,608
Percent Total Base Rent
1.5%
Properties
29
Interior Square Feet
84,014

Diversification by Property Type

Last-Mile
21.4%
Flex
78.6%
Industrial

South Dakota

Annualized Base Rent
$488,482
Percent Total Base Rent
0.7%
Properties
27
Interior Square Feet
40,584

Diversification by Property Type

Last-Mile
81.6%
Flex
18.4%
Industrial

Tennessee

Annualized Base Rent
$1,413,052
Percent Total Base Rent
2.0%
Properties
30
Interior Square Feet
133,216

Diversification by Property Type

Last-Mile
20.4%
Flex
79.6%
Industrial

Texas

Annualized Base Rent
$4,450,051
Percent Total Base Rent
6.3%
Properties
122
Interior Square Feet
356,827

Diversification by Property Type

Last-Mile
23.8%
Flex
76.2%
Industrial

Utah

Annualized Base Rent
$225,048
Percent Total Base Rent
0.3%
Properties
5
Interior Square Feet
14,982

Diversification by Property Type

Last-Mile
15.8%
Flex
84.2%
Industrial

Virginia

Annualized Base Rent
$1,395,502
Percent Total Base Rent
2.0%
Properties
31
Interior Square Feet
112,352

Diversification by Property Type

Last-Mile
16.3%
Flex
83.7%
Industrial

Vermont

Annualized Base Rent
$616,843
Percent Total Base Rent
0.9%
Properties
21
Interior Square Feet
33,723

Diversification by Property Type

Last-Mile
60.3%
Flex
39.7%
Industrial

Washington

Annualized Base Rent
$459,462
Percent Total Base Rent
0.7%
Properties
12
Interior Square Feet
27,478

Diversification by Property Type

Last-Mile
36.9%
Flex
63.1%
Industrial

Wisconsin

Annualized Base Rent
$3,740,302
Percent Total Base Rent
5.3%
Properties
91
Interior Square Feet
840,638

Diversification by Property Type

Last-Mile
9.6%
Flex
22.0%
Industrial
68.4%

West Virginia

Annualized Base Rent
$1,297,997
Percent Total Base Rent
1.8%
Properties
47
Interior Square Feet
90,264

Diversification by Property Type

Last-Mile
44.6%
Flex
55.4%
Industrial

Wyoming

Annualized Base Rent
$245,939
Percent Total Base Rent
0.3%
Properties
9
Interior Square Feet
24,063

Diversification by Property Type

Last-Mile
30.4%
Flex
69.6%
Industrial

As of February 14, 2025
Figures for PSTL’s owned and occupied USPS properties.

Bishopville, South Carolina

Bishopville, South Carolina

Postal Realty Trust bought two properties from the seller’s portfolio of postal…
Gray, Louisiana

Gray, Louisiana

Postal Realty Trust worked collaboratively with the seller, the municipality and the USPS to…
Michigamme, Michigan

Michigamme, Michigan

Postal Realty Trust bought the main post office in Michigamme, MI, as part of a seven-building…
Pauline, Kansas

Pauline, Kansas

Postal Realty Trust purchased two buildings off-market from long-term owners. The two buildings…
Reedville, Virginia

Reedville, Virginia

Postal Realty Trust closed on the main post office in Reedville, VA, in under 45 days and was…
Warrendale, Pennsylvania

Warrendale, Pennsylvania

Postal Realty Trust won a competitive bid process after a widely marketed sales campaign for…

Dedicated 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.