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.

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.