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
1,543
Total Interior Sq. Ft.
6.0MM
Annualized Base Rent
$56.9MM
Last-Mile¹
22.1%
Flex¹
51.5%
Industrial¹
26.4%
As of April 26, 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
$46,772
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
$1,968,257
Percent Total Base Rent
3.5%
Properties
30
Interior Square Feet
288,427
Diversification by Property Type
Last-Mile
5.8%
Flex
32.4%
Industrial
61.8%
Arkansas
Annualized Base Rent
$805,833
Percent Total Base Rent
1.4%
Properties
32
Interior Square Feet
82,139
Diversification by Property Type
Last-Mile
36.2%
Flex
63.8%
Industrial
—
Arizona
Annualized Base Rent
$764,434
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
$2,942,469
Percent Total Base Rent
5.2%
Properties
33
Interior Square Feet
203,323
Diversification by Property Type
Last-Mile
5.7%
Flex
94.3%
Industrial
—
Colorado
Annualized Base Rent
$1,691,138
Percent Total Base Rent
3.0%
Properties
26
Interior Square Feet
106,359
Diversification by Property Type
Last-Mile
8.1%
Flex
91.9%
Industrial
—
Connecticut
Annualized Base Rent
$769,219
Percent Total Base Rent
1.4%
Properties
10
Interior Square Feet
49,984
Diversification by Property Type
Last-Mile
1.7%
Flex
98.3%
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
$1,920,473
Percent Total Base Rent
3.4%
Properties
30
Interior Square Feet
171,017
Diversification by Property Type
Last-Mile
9.8%
Flex
90.2%
Industrial
—
Georgia
Annualized Base Rent
$915,406
Percent Total Base Rent
1.6%
Properties
31
Interior Square Feet
78,289
Diversification by Property Type
Last-Mile
39.1%
Flex
60.9%
Industrial
—
Hawaii
Annualized Base Rent
$281,251
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
$802,443
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
$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
$1,454,369
Percent Total Base Rent
2.6%
Properties
78
Interior Square Feet
145,659
Diversification by Property Type
Last-Mile
60.9%
Flex
39.1%
Industrial
—
Indiana
Annualized Base Rent
$889,492
Percent Total Base Rent
1.6%
Properties
29
Interior Square Feet
87,102
Diversification by Property Type
Last-Mile
28.3%
Flex
71.7%
Industrial
—
Kansas
Annualized Base Rent
$1,477,041
Percent Total Base Rent
2.6%
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
$512,584
Percent Total Base Rent
0.9%
Properties
27
Interior Square Feet
45,953
Diversification by Property Type
Last-Mile
70.5%
Flex
29.5%
Industrial
—
Louisiana
Annualized Base Rent
$1,241,437
Percent Total Base Rent
2.2%
Properties
35
Interior Square Feet
113,452
Diversification by Property Type
Last-Mile
27.2%
Flex
72.8%
Industrial
—
Massachusetts
Annualized Base Rent
$1,646,373
Percent Total Base Rent
2.9%
Properties
20
Interior Square Feet
80,707
Diversification by Property Type
Last-Mile
10.7%
Flex
89.3%
Industrial
—
Maryland
Annualized Base Rent
$236,290
Percent Total Base Rent
0.4%
Properties
8
Interior Square Feet
17,422
Diversification by Property Type
Last-Mile
49.6%
Flex
50.4%
Industrial
—
Maine
Annualized Base Rent
$716,736
Percent Total Base Rent
1.3%
Properties
44
Interior Square Feet
58,860
Diversification by Property Type
Last-Mile
75.0%
Flex
25.0%
Industrial
—
Michigan
Annualized Base Rent
$1,800,458
Percent Total Base Rent
3.2%
Properties
60
Interior Square Feet
185,978
Diversification by Property Type
Last-Mile
34.3%
Flex
65.7%
Industrial
—
Minnesota
Annualized Base Rent
$1,486,400
Percent Total Base Rent
2.6%
Properties
65
Interior Square Feet
150,700
Diversification by Property Type
Last-Mile
44.9%
Flex
55.1%
Industrial
—
Missouri
Annualized Base Rent
$979,958
Percent Total Base Rent
1.7%
Properties
44
Interior Square Feet
103,224
Diversification by Property Type
Last-Mile
40.2%
Flex
59.8%
Industrial
—
Mississippi
Annualized Base Rent
$1,053,458
Percent Total Base Rent
1.9%
Properties
30
Interior Square Feet
91,317
Diversification by Property Type
Last-Mile
28.9%
Flex
71.1%
Industrial
—
Montana
Annualized Base Rent
$433,966
Percent Total Base Rent
0.8%
Properties
14
Interior Square Feet
36,439
Diversification by Property Type
Last-Mile
31.5%
Flex
68.5%
Industrial
—
North Carolina
Annualized Base Rent
$2,701,218
Percent Total Base Rent
4.7%
Properties
59
Interior Square Feet
234,330
Diversification by Property Type
Last-Mile
22.0%
Flex
78.0%
Industrial
—
North Dakota
Annualized Base Rent
$277,986
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
$456,070
Percent Total Base Rent
0.8%
Properties
34
Interior Square Feet
54,168
Diversification by Property Type
Last-Mile
64.3%
Flex
35.7%
Industrial
—
New Hampshire
Annualized Base Rent
$192,082
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
$436,085
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
0.6%
Properties
5
Interior Square Feet
18,216
Diversification by Property Type
Last-Mile
20.9%
Flex
79.1%
Industrial
—
New York
Annualized Base Rent
$2,478,693
Percent Total Base Rent
4.4%
Properties
59
Interior Square Feet
152,463
Diversification by Property Type
Last-Mile
39.0%
Flex
61.0%
Industrial
—
Ohio
Annualized Base Rent
$1,994,919
Percent Total Base Rent
3.5%
Properties
44
Interior Square Feet
195,567
Diversification by Property Type
Last-Mile
12.5%
Flex
87.5%
Industrial
—
Oklahoma
Annualized Base Rent
$1,449,145
Percent Total Base Rent
2.5%
Properties
60
Interior Square Feet
152,976
Diversification by Property Type
Last-Mile
37.3%
Flex
62.7%
Industrial
—
Oregon
Annualized Base Rent
$485,949
Percent Total Base Rent
0.9%
Properties
6
Interior Square Feet
26,664
Diversification by Property Type
Last-Mile
13.0%
Flex
87.0%
Industrial
—
Pennsylvania
Annualized Base Rent
$6,301,303
Percent Total Base Rent
11.1%
Properties
103
Interior Square Feet
732,249
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
$879,539
Percent Total Base Rent
1.5%
Properties
26
Interior Square Feet
72,783
Diversification by Property Type
Last-Mile
22.4%
Flex
77.6%
Industrial
—
South Dakota
Annualized Base Rent
$377,653
Percent Total Base Rent
0.7%
Properties
24
Interior Square Feet
34,570
Diversification by Property Type
Last-Mile
78.4%
Flex
21.6%
Industrial
—
Tennessee
Annualized Base Rent
$1,242,764
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
$2,817,685
Percent Total Base Rent
5.0%
Properties
99
Interior Square Feet
269,001
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
$1,214,911
Percent Total Base Rent
2.1%
Properties
27
Interior Square Feet
101,845
Diversification by Property Type
Last-Mile
14.2%
Flex
85.8%
Industrial
—
Vermont
Annualized Base Rent
$601,173
Percent Total Base Rent
1.1%
Properties
21
Interior Square Feet
33,723
Diversification by Property Type
Last-Mile
60.3%
Flex
39.7%
Industrial
—
Washington
Annualized Base Rent
$230,846
Percent Total Base Rent
0.4%
Properties
9
Interior Square Feet
17,724
Diversification by Property Type
Last-Mile
52.4%
Flex
47.6%
Industrial
—
Wisconsin
Annualized Base Rent
$3,576,366
Percent Total Base Rent
6.3%
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
$946,913
Percent Total Base Rent
1.7%
Properties
45
Interior Square Feet
85,106
Diversification by Property Type
Last-Mile
42.0%
Flex
58.0%
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 April 26, 2024 Figures for PSTL’s owned and occupied USPS 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.
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