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
1,616
Total Interior
Sq. Ft.
6.2MM
Annualized
Base Rent
$60.1MM
Last-Mile¹
22.6%
Flex¹
51.8%
Industrial¹
25.6%
As of July 29, 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
$2,071,424
Percent Total Base Rent
3.4%
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
$851,165
Percent Total Base Rent
1.4%
Properties
34
Interior Square Feet
83,539
Diversification by Property Type
Last-Mile
37.3%
Flex
62.7%
Industrial
—
Arizona
Annualized Base Rent
$772,496
Percent Total Base Rent
1.3%
Properties
13
Interior Square Feet
44,019
Diversification by Property Type
Last-Mile
20.1%
Flex
79.9%
Industrial
—
California
Annualized Base Rent
$2,989,964
Percent Total Base Rent
5.0%
Properties
34
Interior Square Feet
204,947
Diversification by Property Type
Last-Mile
6.4%
Flex
93.6%
Industrial
—
Colorado
Annualized Base Rent
$1,803,969
Percent Total Base Rent
3.0%
Properties
29
Interior Square Feet
113,086
Diversification by Property Type
Last-Mile
9.1%
Flex
90.9%
Industrial
—
Connecticut
Annualized Base Rent
$810,735
Percent Total Base Rent
1.3%
Properties
12
Interior Square Feet
52,114
Diversification by Property Type
Last-Mile
5.7%
Flex
94.3%
Industrial
—
Delaware
Annualized Base Rent
$99,402
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
$2,000,015
Percent Total Base Rent
3.3%
Properties
32
Interior Square Feet
173,917
Diversification by Property Type
Last-Mile
11.3%
Flex
88.7%
Industrial
—
Georgia
Annualized Base Rent
$915,406
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
$839,351
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
$1,504,763
Percent Total Base Rent
2.5%
Properties
80
Interior Square Feet
148,072
Diversification by Property Type
Last-Mile
61.5%
Flex
38.5%
Industrial
—
Indiana
Annualized Base Rent
$975,873
Percent Total Base Rent
1.6%
Properties
32
Interior Square Feet
91,356
Diversification by Property Type
Last-Mile
31.7%
Flex
68.3%
Industrial
—
Kansas
Annualized Base Rent
$1,529,376
Percent Total Base Rent
2.5%
Properties
34
Interior Square Feet
456,483
Diversification by Property Type
Last-Mile
6.5%
Flex
6.4%
Industrial
87.1%
Kentucky
Annualized Base Rent
$527,937
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
$1,392,952
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
$1,690,384
Percent Total Base Rent
2.8%
Properties
21
Interior Square Feet
84,707
Diversification by Property Type
Last-Mile
10.2%
Flex
89.8%
Industrial
—
Maryland
Annualized Base Rent
$358,374
Percent Total Base Rent
0.6%
Properties
9
Interior Square Feet
23,736
Diversification by Property Type
Last-Mile
36.4%
Flex
63.6%
Industrial
—
Maine
Annualized Base Rent
$745,290
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
$1,870,292
Percent Total Base Rent
3.1%
Properties
63
Interior Square Feet
189,076
Diversification by Property Type
Last-Mile
35.4%
Flex
64.6%
Industrial
—
Minnesota
Annualized Base Rent
$1,650,228
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
$997,558
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
$1,066,635
Percent Total Base Rent
1.8%
Properties
30
Interior Square Feet
91,317
Diversification by Property Type
Last-Mile
28.9%
Flex
71.1%
Industrial
—
Montana
Annualized Base Rent
$434,614
Percent Total Base Rent
0.7%
Properties
14
Interior Square Feet
36,439
Diversification by Property Type
Last-Mile
31.5%
Flex
68.5%
Industrial
—
North Carolina
Annualized Base Rent
$2,760,460
Percent Total Base Rent
4.6%
Properties
61
Interior Square Feet
236,271
Diversification by Property Type
Last-Mile
22.7%
Flex
77.3%
Industrial
—
North Dakota
Annualized Base Rent
$297,867
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
$483,429
Percent Total Base Rent
0.8%
Properties
36
Interior Square Feet
56,477
Diversification by Property Type
Last-Mile
65.8%
Flex
34.2%
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
$455,884
Percent Total Base Rent
0.8%
Properties
9
Interior Square Feet
22,937
Diversification by Property Type
Last-Mile
40.0%
Flex
60.0%
Industrial
—
New Mexico
Annualized Base Rent
$331,379
Percent Total Base Rent
0.6%
Properties
9
Interior Square Feet
25,592
Diversification by Property Type
Last-Mile
21.6%
Flex
78.4%
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
$2,791,174
Percent Total Base Rent
4.6%
Properties
66
Interior Square Feet
170,623
Diversification by Property Type
Last-Mile
39.2%
Flex
60.8%
Industrial
—
Ohio
Annualized Base Rent
$2,231,431
Percent Total Base Rent
3.7%
Properties
49
Interior Square Feet
210,277
Diversification by Property Type
Last-Mile
14.1%
Flex
85.9%
Industrial
—
Oklahoma
Annualized Base Rent
$1,519,605
Percent Total Base Rent
2.5%
Properties
62
Interior Square Feet
156,248
Diversification by Property Type
Last-Mile
38.6%
Flex
61.4%
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
$6,350,670
Percent Total Base Rent
10.6%
Properties
103
Interior Square Feet
732,424
Diversification by Property Type
Last-Mile
12.0%
Flex
29.2%
Industrial
58.8%
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
$1,006,663
Percent Total Base Rent
1.7%
Properties
28
Interior Square Feet
82,342
Diversification by Property Type
Last-Mile
19.8%
Flex
80.2%
Industrial
—
South Dakota
Annualized Base Rent
$378,978
Percent Total Base Rent
0.6%
Properties
24
Interior Square Feet
34,570
Diversification by Property Type
Last-Mile
78.4%
Flex
21.6%
Industrial
—
Tennessee
Annualized Base Rent
$1,271,738
Percent Total Base Rent
2.1%
Properties
29
Interior Square Feet
132,416
Diversification by Property Type
Last-Mile
19.9%
Flex
80.1%
Industrial
—
Texas
Annualized Base Rent
$3,149,047
Percent Total Base Rent
5.2%
Properties
107
Interior Square Feet
291,151
Diversification by Property Type
Last-Mile
26.3%
Flex
73.7%
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
$1,331,767
Percent Total Base Rent
2.2%
Properties
30
Interior Square Feet
108,845
Diversification by Property Type
Last-Mile
16.9%
Flex
83.1%
Industrial
—
Vermont
Annualized Base Rent
$604,248
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
$440,633
Percent Total Base Rent
0.7%
Properties
11
Interior Square Feet
26,618
Diversification by Property Type
Last-Mile
34.9%
Flex
65.1%
Industrial
—
Wisconsin
Annualized Base Rent
$3,598,681
Percent Total Base Rent
6.0%
Properties
87
Interior Square Feet
833,782
Diversification by Property Type
Last-Mile
9.1%
Flex
21.9%
Industrial
69.0%
West Virginia
Annualized Base Rent
$1,023,482
Percent Total Base Rent
1.7%
Properties
47
Interior Square Feet
89,601
Diversification by Property Type
Last-Mile
44.9%
Flex
55.1%
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 July 29, 2024
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.