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
1,375
Total Interior
Sq. Ft.
5.6MM
Annualized
Base Rent
$51.1MM
Last-Mile¹
21.0%
Flex¹
50.6%
Industrial¹
28.4%
As of August 2, 2023
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
$70,444
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
$1,912,746
Percent Total Base Rent
3.7%
Properties
28
Interior Square Feet
283,473
Diversification by Property Type
Last-Mile
5.1%
Flex
32.1%
Industrial
62.8%
Arkansas
Annualized Base Rent
$728,439
Percent Total Base Rent
1.4%
Properties
29
Interior Square Feet
76,107
Diversification by Property Type
Last-Mile
34.8%
Flex
65.2%
Industrial
—
Arizona
Annualized Base Rent
$575,249
Percent Total Base Rent
1.1%
Properties
9
Interior Square Feet
29,973
Diversification by Property Type
Last-Mile
22.9%
Flex
77.1%
Industrial
—
California
Annualized Base Rent
$2,547,709
Percent Total Base Rent
5.0%
Properties
28
Interior Square Feet
176,733
Diversification by Property Type
Last-Mile
4.7%
Flex
95.3%
Industrial
—
Colorado
Annualized Base Rent
$1,328,569
Percent Total Base Rent
2.6%
Properties
20
Interior Square Feet
83,735
Diversification by Property Type
Last-Mile
8.0%
Flex
92.0%
Industrial
—
Connecticut
Annualized Base Rent
$572,656
Percent Total Base Rent
1.1%
Properties
8
Interior Square Feet
38,926
Diversification by Property Type
Last-Mile
2.1%
Flex
97.9%
Industrial
—
Delaware
Annualized Base Rent
$78,800
Percent Total Base Rent
0.2%
Properties
2
Interior Square Feet
4,926
Diversification by Property Type
Last-Mile
37.9%
Flex
62.1%
Industrial
—
Florida
Annualized Base Rent
$1,331,086
Percent Total Base Rent
2.6%
Properties
23
Interior Square Feet
126,438
Diversification by Property Type
Last-Mile
10.1%
Flex
89.9%
Industrial
—
Georgia
Annualized Base Rent
$912,726
Percent Total Base Rent
1.8%
Properties
31
Interior Square Feet
78,289
Diversification by Property Type
Last-Mile
39.1%
Flex
60.9%
Industrial
—
Hawaii
Annualized Base Rent
$312,695
Percent Total Base Rent
0.6%
Properties
1
Interior Square Feet
9,705
Diversification by Property Type
Last-Mile
—
Flex
100.0%
Industrial
—
Iowa
Annualized Base Rent
$760,316
Percent Total Base Rent
1.5%
Properties
33
Interior Square Feet
84,716
Diversification by Property Type
Last-Mile
35.2%
Flex
64.8%
Industrial
—
Idaho
Annualized Base Rent
$163,304
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
$1,273,860
Percent Total Base Rent
2.5%
Properties
69
Interior Square Feet
129,937
Diversification by Property Type
Last-Mile
59.9%
Flex
40.1%
Industrial
—
Indiana
Annualized Base Rent
$947,944
Percent Total Base Rent
1.9%
Properties
30
Interior Square Feet
94,422
Diversification by Property Type
Last-Mile
26.1%
Flex
73.9%
Industrial
—
Kansas
Annualized Base Rent
$1,447,214
Percent Total Base Rent
2.8%
Properties
31
Interior Square Feet
453,293
Diversification by Property Type
Last-Mile
5.9%
Flex
6.4%
Industrial
87.7%
Kentucky
Annualized Base Rent
$414,824
Percent Total Base Rent
0.8%
Properties
24
Interior Square Feet
38,882
Diversification by Property Type
Last-Mile
75.8%
Flex
24.2%
Industrial
—
Louisiana
Annualized Base Rent
$1,187,387
Percent Total Base Rent
2.3%
Properties
32
Interior Square Feet
108,229
Diversification by Property Type
Last-Mile
23.7%
Flex
76.3%
Industrial
—
Massachusetts
Annualized Base Rent
$1,419,473
Percent Total Base Rent
2.8%
Properties
17
Interior Square Feet
69,912
Diversification by Property Type
Last-Mile
12.4%
Flex
87.6%
Industrial
—
Maryland
Annualized Base Rent
$236,290
Percent Total Base Rent
0.5%
Properties
8
Interior Square Feet
17,422
Diversification by Property Type
Last-Mile
49.6%
Flex
50.4%
Industrial
—
Maine
Annualized Base Rent
$659,707
Percent Total Base Rent
1.3%
Properties
43
Interior Square Feet
54,300
Diversification by Property Type
Last-Mile
79.7%
Flex
20.3%
Industrial
—
Michigan
Annualized Base Rent
$1,736,018
Percent Total Base Rent
3.4%
Properties
55
Interior Square Feet
179,318
Diversification by Property Type
Last-Mile
32.4%
Flex
67.6%
Industrial
—
Minnesota
Annualized Base Rent
$1,286,245
Percent Total Base Rent
2.5%
Properties
59
Interior Square Feet
135,633
Diversification by Property Type
Last-Mile
42.9%
Flex
57.1%
Industrial
—
Missouri
Annualized Base Rent
$969,990
Percent Total Base Rent
1.9%
Properties
45
Interior Square Feet
104,280
Diversification by Property Type
Last-Mile
40.8%
Flex
59.2%
Industrial
—
Mississippi
Annualized Base Rent
$880,104
Percent Total Base Rent
1.7%
Properties
20
Interior Square Feet
76,064
Diversification by Property Type
Last-Mile
18.3%
Flex
81.7%
Industrial
—
Montana
Annualized Base Rent
$448,040
Percent Total Base Rent
0.9%
Properties
13
Interior Square Feet
35,623
Diversification by Property Type
Last-Mile
29.9%
Flex
70.1%
Industrial
—
North Carolina
Annualized Base Rent
$2,655,304
Percent Total Base Rent
5.2%
Properties
57
Interior Square Feet
228,190
Diversification by Property Type
Last-Mile
21.8%
Flex
78.2%
Industrial
—
North Dakota
Annualized Base Rent
$267,534
Percent Total Base Rent
0.5%
Properties
21
Interior Square Feet
26,216
Diversification by Property Type
Last-Mile
100.0%
Flex
—
Industrial
—
Nebraska
Annualized Base Rent
$348,535
Percent Total Base Rent
0.7%
Properties
25
Interior Square Feet
41,400
Diversification by Property Type
Last-Mile
53.3%
Flex
46.7%
Industrial
—
New Hampshire
Annualized Base Rent
$186,935
Percent Total Base Rent
0.4%
Properties
8
Interior Square Feet
11,523
Diversification by Property Type
Last-Mile
100.0%
Flex
—
Industrial
—
New Jersey
Annualized Base Rent
$336,908
Percent Total Base Rent
0.7%
Properties
8
Interior Square Feet
18,925
Diversification by Property Type
Last-Mile
48.4%
Flex
51.6%
Industrial
—
New Mexico
Annualized Base Rent
$189,357
Percent Total Base Rent
0.4%
Properties
7
Interior Square Feet
16,993
Diversification by Property Type
Last-Mile
32.6%
Flex
67.4%
Industrial
—
Nevada
Annualized Base Rent
$327,051
Percent Total Base Rent
0.6%
Properties
5
Interior Square Feet
18,216
Diversification by Property Type
Last-Mile
20.9%
Flex
79.1%
Industrial
—
New York
Annualized Base Rent
$1,946,943
Percent Total Base Rent
3.8%
Properties
50
Interior Square Feet
126,729
Diversification by Property Type
Last-Mile
41.3%
Flex
58.7%
Industrial
—
Ohio
Annualized Base Rent
$1,550,855
Percent Total Base Rent
3.0%
Properties
32
Interior Square Feet
156,177
Diversification by Property Type
Last-Mile
10.6%
Flex
89.4%
Industrial
—
Oklahoma
Annualized Base Rent
$1,311,680
Percent Total Base Rent
2.6%
Properties
52
Interior Square Feet
137,615
Diversification by Property Type
Last-Mile
37.1%
Flex
62.9%
Industrial
—
Oregon
Annualized Base Rent
$256,337
Percent Total Base Rent
0.5%
Properties
4
Interior Square Feet
16,157
Diversification by Property Type
Last-Mile
11.2%
Flex
88.8%
Industrial
—
Pennsylvania
Annualized Base Rent
$5,976,087
Percent Total Base Rent
11.7%
Properties
90
Interior Square Feet
708,095
Diversification by Property Type
Last-Mile
10.7%
Flex
28.5%
Industrial
60.8%
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
$832,148
Percent Total Base Rent
1.6%
Properties
24
Interior Square Feet
69,183
Diversification by Property Type
Last-Mile
22.5%
Flex
77.5%
Industrial
—
South Dakota
Annualized Base Rent
$364,453
Percent Total Base Rent
0.7%
Properties
23
Interior Square Feet
33,244
Diversification by Property Type
Last-Mile
77.5%
Flex
22.5%
Industrial
—
Tennessee
Annualized Base Rent
$1,153,909
Percent Total Base Rent
2.3%
Properties
25
Interior Square Feet
124,944
Diversification by Property Type
Last-Mile
15.1%
Flex
84.9%
Industrial
—
Texas
Annualized Base Rent
$2,693,232
Percent Total Base Rent
5.3%
Properties
92
Interior Square Feet
260,159
Diversification by Property Type
Last-Mile
23.3%
Flex
76.7%
Industrial
—
Utah
Annualized Base Rent
$98,681
Percent Total Base Rent
0.2%
Properties
2
Interior Square Feet
5,489
Diversification by Property Type
Last-Mile
19.4%
Flex
80.6%
Industrial
—
Virginia
Annualized Base Rent
$1,168,956
Percent Total Base Rent
2.3%
Properties
25
Interior Square Feet
98,122
Diversification by Property Type
Last-Mile
13.6%
Flex
86.4%
Industrial
—
Vermont
Annualized Base Rent
$553,849
Percent Total Base Rent
1.1%
Properties
20
Interior Square Feet
30,486
Diversification by Property Type
Last-Mile
66.7%
Flex
33.3%
Industrial
—
Washington
Annualized Base Rent
$186,820
Percent Total Base Rent
0.4%
Properties
7
Interior Square Feet
14,677
Diversification by Property Type
Last-Mile
42.5%
Flex
57.5%
Industrial
—
Wisconsin
Annualized Base Rent
$3,368,596
Percent Total Base Rent
6.6%
Properties
79
Interior Square Feet
818,311
Diversification by Property Type
Last-Mile
8.5%
Flex
21.2%
Industrial
70.3%
West Virginia
Annualized Base Rent
$791,896
Percent Total Base Rent
1.6%
Properties
37
Interior Square Feet
76,642
Diversification by Property Type
Last-Mile
35.6%
Flex
64.4%
Industrial
—
Wyoming
Annualized Base Rent
$245,439
Percent Total Base Rent
0.5%
Properties
9
Interior Square Feet
24,063
Diversification by Property Type
Last-Mile
30.4%
Flex
69.6%
Industrial
—
As of August 2, 2023
Figures for PSTL’s owned and occupied USPS properties.
Featured Properties
Bishopville, South Carolina
Postal Realty Trust bought two properties from the seller’s portfolio of postal…
Gray, Louisiana
Postal Realty Trust worked collaboratively with the seller, the municipality and the USPS to…
Michigamme, Michigan
Postal Realty Trust bought the main post office in Michigamme, MI, as part of a seven-building…
Pauline, Kansas
Postal Realty Trust purchased two buildings off-market from long-term owners. The two buildings…
Reedville, Virginia
Postal Realty Trust closed on the main post office in Reedville, VA, in under 45 days and was…
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.