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

1,307

Total Interior
Sq. Ft.

5.4MM

Annualized
Base Rent

$48.3MM

Last-Mile¹

20.8%

Flex¹

49.9%

Industrial¹

29.3%


As of February 21, 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
$1,701,426
Percent Total Base Rent
3.5%
Properties
25
Interior Square Feet
270,889

Diversification by Property Type

Last-Mile
5.4%
Flex
28.9%
Industrial
65.7%

Arkansas

Annualized Base Rent
$715,291
Percent Total Base Rent
1.5%
Properties
28
Interior Square Feet
74,707

Diversification by Property Type

Last-Mile
33.6%
Flex
66.4%
Industrial

Arizona

Annualized Base Rent
$569,278
Percent Total Base Rent
1.2%
Properties
9
Interior Square Feet
29,973

Diversification by Property Type

Last-Mile
22.9%
Flex
77.1%
Industrial

California

Annualized Base Rent
$2,095,347
Percent Total Base Rent
4.3%
Properties
23
Interior Square Feet
155,211

Diversification by Property Type

Last-Mile
5.3%
Flex
94.7%
Industrial

Colorado

Annualized Base Rent
$1,322,093
Percent Total Base Rent
2.7%
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
1.2%
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
$1,286,086
Percent Total Base Rent
2.7%
Properties
22
Interior Square Feet
123,078

Diversification by Property Type

Last-Mile
10.3%
Flex
89.7%
Industrial

Georgia

Annualized Base Rent
$763,463
Percent Total Base Rent
1.6%
Properties
29
Interior Square Feet
68,119

Diversification by Property Type

Last-Mile
42.2%
Flex
57.8%
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
$756,987
Percent Total Base Rent
1.6%
Properties
33
Interior Square Feet
84,716

Diversification by Property Type

Last-Mile
35.2%
Flex
64.8%
Industrial

Idaho

Annualized Base Rent
$145,006
Percent Total Base Rent
0.3%
Properties
11
Interior Square Feet
16,998

Diversification by Property Type

Last-Mile
68.8%
Flex
31.2%
Industrial

Illinois

Annualized Base Rent
$1,199,799
Percent Total Base Rent
2.5%
Properties
63
Interior Square Feet
124,015

Diversification by Property Type

Last-Mile
58.0%
Flex
42.0%
Industrial

Indiana

Annualized Base Rent
$939,121
Percent Total Base Rent
1.9%
Properties
29
Interior Square Feet
93,666

Diversification by Property Type

Last-Mile
25.5%
Flex
74.5%
Industrial

Kansas

Annualized Base Rent
$1,442,714
Percent Total Base Rent
3.0%
Properties
30
Interior Square Feet
452,558

Diversification by Property Type

Last-Mile
5.7%
Flex
6.4%
Industrial
87.9%

Kentucky

Annualized Base Rent
$404,939
Percent Total Base Rent
0.8%
Properties
23
Interior Square Feet
37,874

Diversification by Property Type

Last-Mile
75.2%
Flex
24.8%
Industrial

Louisiana

Annualized Base Rent
$1,142,765
Percent Total Base Rent
2.4%
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
2.9%
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
$658,506
Percent Total Base Rent
1.4%
Properties
43
Interior Square Feet
54,300

Diversification by Property Type

Last-Mile
79.7%
Flex
20.3%
Industrial

Michigan

Annualized Base Rent
$1,727,895
Percent Total Base Rent
3.6%
Properties
55
Interior Square Feet
179,318

Diversification by Property Type

Last-Mile
32.4%
Flex
67.6%
Industrial

Minnesota

Annualized Base Rent
$1,022,328
Percent Total Base Rent
2.1%
Properties
53
Interior Square Feet
107,570

Diversification by Property Type

Last-Mile
53.1%
Flex
46.9%
Industrial

Missouri

Annualized Base Rent
$878,639
Percent Total Base Rent
1.8%
Properties
37
Interior Square Feet
95,345

Diversification by Property Type

Last-Mile
35.3%
Flex
64.7%
Industrial

Mississippi

Annualized Base Rent
$618,446
Percent Total Base Rent
1.3%
Properties
18
Interior Square Feet
59,276

Diversification by Property Type

Last-Mile
23.5%
Flex
76.5%
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
$2,548,628
Percent Total Base Rent
5.3%
Properties
55
Interior Square Feet
222,994

Diversification by Property Type

Last-Mile
21.6%
Flex
78.4%
Industrial

North Dakota

Annualized Base Rent
$267,534
Percent Total Base Rent
0.6%
Properties
21
Interior Square Feet
26,216

Diversification by Property Type

Last-Mile
100.0%
Flex
Industrial

Nebraska

Annualized Base Rent
$330,578
Percent Total Base Rent
0.7%
Properties
23
Interior Square Feet
39,302

Diversification by Property Type

Last-Mile
50.8%
Flex
49.2%
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
$315,099
Percent Total Base Rent
0.7%
Properties
7
Interior Square Feet
17,523

Diversification by Property Type

Last-Mile
44.3%
Flex
55.7%
Industrial

New Mexico

Annualized Base Rent
$181,357
Percent Total Base Rent
0.4%
Properties
6
Interior Square Feet
16,993

Diversification by Property Type

Last-Mile
32.6%
Flex
67.4%
Industrial

Nevada

Annualized Base Rent
$237,051
Percent Total Base Rent
0.5%
Properties
4
Interior Square Feet
14,047

Diversification by Property Type

Last-Mile
27.1%
Flex
72.9%
Industrial

New York

Annualized Base Rent
$1,928,991
Percent Total Base Rent
4.0%
Properties
49
Interior Square Feet
124,901

Diversification by Property Type

Last-Mile
40.4%
Flex
59.6%
Industrial

Ohio

Annualized Base Rent
$1,527,315
Percent Total Base Rent
3.2%
Properties
31
Interior Square Feet
155,163

Diversification by Property Type

Last-Mile
10.0%
Flex
90.0%
Industrial

Oklahoma

Annualized Base Rent
$1,114,216
Percent Total Base Rent
2.3%
Properties
48
Interior Square Feet
120,607

Diversification by Property Type

Last-Mile
39.1%
Flex
60.9%
Industrial

Oregon

Annualized Base Rent
$212,320
Percent Total Base Rent
0.4%
Properties
3
Interior Square Feet
13,554

Diversification by Property Type

Last-Mile
13.4%
Flex
86.6%
Industrial

Pennsylvania

Annualized Base Rent
$5,813,570
Percent Total Base Rent
12.0%
Properties
87
Interior Square Feet
701,529

Diversification by Property Type

Last-Mile
10.4%
Flex
28.2%
Industrial
61.4%

Puerto Rico

Annualized Base Rent
$39,690
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
$819,576
Percent Total Base Rent
1.7%
Properties
24
Interior Square Feet
69,183

Diversification by Property Type

Last-Mile
22.5%
Flex
77.5%
Industrial

South Dakota

Annualized Base Rent
$299,263
Percent Total Base Rent
0.6%
Properties
20
Interior Square Feet
26,894

Diversification by Property Type

Last-Mile
83.3%
Flex
16.7%
Industrial

Tennessee

Annualized Base Rent
$1,150,309
Percent Total Base Rent
2.4%
Properties
25
Interior Square Feet
124,944

Diversification by Property Type

Last-Mile
15.1%
Flex
84.9%
Industrial

Texas

Annualized Base Rent
$2,556,785
Percent Total Base Rent
5.3%
Properties
87
Interior Square Feet
250,025

Diversification by Property Type

Last-Mile
22.7%
Flex
77.3%
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
$1,121,095
Percent Total Base Rent
2.3%
Properties
24
Interior Square Feet
95,480

Diversification by Property Type

Last-Mile
14.0%
Flex
86.0%
Industrial

Vermont

Annualized Base Rent
$537,284
Percent Total Base Rent
1.1%
Properties
19
Interior Square Feet
29,466

Diversification by Property Type

Last-Mile
65.6%
Flex
34.4%
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
$3,329,796
Percent Total Base Rent
6.9%
Properties
78
Interior Square Feet
816,309

Diversification by Property Type

Last-Mile
8.2%
Flex
21.3%
Industrial
70.5%

West Virginia

Annualized Base Rent
$732,248
Percent Total Base Rent
1.5%
Properties
36
Interior Square Feet
71,728

Diversification by Property Type

Last-Mile
38.1%
Flex
61.9%
Industrial

Wyoming

Annualized Base Rent
$239,139
Percent Total Base Rent
0.5%
Properties
8
Interior Square Feet
23,247

Diversification by Property Type

Last-Mile
27.9%
Flex
72.1%
Industrial

As of February 21, 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.