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

1,653

Total Interior
Sq. Ft.

6.3MM

Annualized
Base Rent

$63.9MM

Last-Mile¹

22.8%

Flex¹

52.0%

Industrial¹

25.2%


As of October 21, 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
$48,409
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
$2,125,838
Percent Total Base Rent
3.3%
Properties
31
Interior Square Feet
299,890

Diversification by Property Type

Last-Mile
5.6%
Flex
35.0%
Industrial
59.4%

Arkansas

Annualized Base Rent
$877,269
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
$797,586
Percent Total Base Rent
1.2%
Properties
13
Interior Square Feet
44,019

Diversification by Property Type

Last-Mile
20.1%
Flex
79.9%
Industrial

California

Annualized Base Rent
$3,235,570
Percent Total Base Rent
5.1%
Properties
36
Interior Square Feet
211,457

Diversification by Property Type

Last-Mile
7.0%
Flex
93.0%
Industrial

Colorado

Annualized Base Rent
$1,825,197
Percent Total Base Rent
2.9%
Properties
30
Interior Square Feet
115,578

Diversification by Property Type

Last-Mile
11.1%
Flex
88.9%
Industrial

Connecticut

Annualized Base Rent
$942,165
Percent Total Base Rent
1.5%
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
$2,369,385
Percent Total Base Rent
3.7%
Properties
34
Interior Square Feet
195,410

Diversification by Property Type

Last-Mile
10.0%
Flex
90.0%
Industrial

Georgia

Annualized Base Rent
$941,649
Percent Total Base Rent
1.5%
Properties
31
Interior Square Feet
78,289

Diversification by Property Type

Last-Mile
39.1%
Flex
60.9%
Industrial

Hawaii

Annualized Base Rent
$291,095
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
$875,852
Percent Total Base Rent
1.4%
Properties
35
Interior Square Feet
87,408

Diversification by Property Type

Last-Mile
37.2%
Flex
62.8%
Industrial

Idaho

Annualized Base Rent
$164,304
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
$1,677,574
Percent Total Base Rent
2.6%
Properties
85
Interior Square Feet
157,820

Diversification by Property Type

Last-Mile
61.3%
Flex
38.7%
Industrial

Indiana

Annualized Base Rent
$1,060,814
Percent Total Base Rent
1.7%
Properties
33
Interior Square Feet
92,736

Diversification by Property Type

Last-Mile
32.7%
Flex
67.3%
Industrial

Kansas

Annualized Base Rent
$1,682,093
Percent Total Base Rent
2.6%
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
$568,744
Percent Total Base Rent
0.9%
Properties
27
Interior Square Feet
46,987

Diversification by Property Type

Last-Mile
64.3%
Flex
35.7%
Industrial

Louisiana

Annualized Base Rent
$1,461,656
Percent Total Base Rent
2.3%
Properties
38
Interior Square Feet
123,725

Diversification by Property Type

Last-Mile
25.0%
Flex
75.0%
Industrial

Massachusetts

Annualized Base Rent
$1,704,779
Percent Total Base Rent
2.7%
Properties
21
Interior Square Feet
84,707

Diversification by Property Type

Last-Mile
10.2%
Flex
89.8%
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
$746,240
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
$2,231,508
Percent Total Base Rent
3.5%
Properties
64
Interior Square Feet
191,046

Diversification by Property Type

Last-Mile
36.0%
Flex
64.0%
Industrial

Minnesota

Annualized Base Rent
$1,751,338
Percent Total Base Rent
2.7%
Properties
72
Interior Square Feet
164,175

Diversification by Property Type

Last-Mile
46.2%
Flex
53.8%
Industrial

Missouri

Annualized Base Rent
$1,088,795
Percent Total Base Rent
1.7%
Properties
45
Interior Square Feet
105,224

Diversification by Property Type

Last-Mile
41.3%
Flex
58.7%
Industrial

Mississippi

Annualized Base Rent
$1,191,970
Percent Total Base Rent
1.9%
Properties
33
Interior Square Feet
95,071

Diversification by Property Type

Last-Mile
31.8%
Flex
68.2%
Industrial

Montana

Annualized Base Rent
$620,581
Percent Total Base Rent
1.0%
Properties
16
Interior Square Feet
46,796

Diversification by Property Type

Last-Mile
24.5%
Flex
75.5%
Industrial

North Carolina

Annualized Base Rent
$2,836,426
Percent Total Base Rent
4.4%
Properties
63
Interior Square Feet
240,431

Diversification by Property Type

Last-Mile
22.7%
Flex
77.3%
Industrial

North Dakota

Annualized Base Rent
$298,537
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
$532,001
Percent Total Base Rent
0.8%
Properties
37
Interior Square Feet
58,815

Diversification by Property Type

Last-Mile
67.1%
Flex
32.9%
Industrial

New Hampshire

Annualized Base Rent
$202,479
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
$476,253
Percent Total Base Rent
0.7%
Properties
9
Interior Square Feet
22,937

Diversification by Property Type

Last-Mile
40.0%
Flex
60.0%
Industrial

New Mexico

Annualized Base Rent
$503,761
Percent Total Base Rent
0.8%
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
$2,668,020
Percent Total Base Rent
4.2%
Properties
66
Interior Square Feet
162,869

Diversification by Property Type

Last-Mile
42.5%
Flex
57.5%
Industrial

Ohio

Annualized Base Rent
$2,320,159
Percent Total Base Rent
3.6%
Properties
51
Interior Square Feet
212,575

Diversification by Property Type

Last-Mile
15.0%
Flex
85.0%
Industrial

Oklahoma

Annualized Base Rent
$1,598,133
Percent Total Base Rent
2.5%
Properties
63
Interior Square Feet
158,852

Diversification by Property Type

Last-Mile
38.0%
Flex
62.0%
Industrial

Oregon

Annualized Base Rent
$675,708
Percent Total Base Rent
1.1%
Properties
9
Interior Square Feet
36,260

Diversification by Property Type

Last-Mile
12.0%
Flex
88.0%
Industrial

Pennsylvania

Annualized Base Rent
$6,412,685
Percent Total Base Rent
10.0%
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
$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
$1,037,136
Percent Total Base Rent
1.6%
Properties
29
Interior Square Feet
84,014

Diversification by Property Type

Last-Mile
21.4%
Flex
78.6%
Industrial

South Dakota

Annualized Base Rent
$465,184
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
$1,405,420
Percent Total Base Rent
2.2%
Properties
29
Interior Square Feet
132,416

Diversification by Property Type

Last-Mile
19.9%
Flex
80.1%
Industrial

Texas

Annualized Base Rent
$3,640,917
Percent Total Base Rent
5.7%
Properties
108
Interior Square Feet
296,546

Diversification by Property Type

Last-Mile
25.8%
Flex
74.2%
Industrial

Utah

Annualized Base Rent
$197,073
Percent Total Base Rent
0.3%
Properties
4
Interior Square Feet
13,680

Diversification by Property Type

Last-Mile
7.8%
Flex
92.2%
Industrial

Virginia

Annualized Base Rent
$1,379,334
Percent Total Base Rent
2.2%
Properties
31
Interior Square Feet
112,352

Diversification by Property Type

Last-Mile
16.3%
Flex
83.7%
Industrial

Vermont

Annualized Base Rent
$613,168
Percent Total Base Rent
1.0%
Properties
21
Interior Square Feet
33,723

Diversification by Property Type

Last-Mile
60.3%
Flex
39.7%
Industrial

Washington

Annualized Base Rent
$458,633
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
$3,633,559
Percent Total Base Rent
5.7%
Properties
88
Interior Square Feet
836,368

Diversification by Property Type

Last-Mile
9.1%
Flex
22.1%
Industrial
68.8%

West Virginia

Annualized Base Rent
$1,090,028
Percent Total Base Rent
1.7%
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
0.4%
Properties
9
Interior Square Feet
24,063

Diversification by Property Type

Last-Mile
30.4%
Flex
69.6%
Industrial

As of October 21, 2024
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.