A diverse portfolio of postal assets
Postal Realty Trust bought two properties from the seller’s portfolio of postal properties. The main post office building burned down while under contract. We worked with the seller to assign the insurance claim to Postal Realty Trust and completed the rebuild post-closing.
Postal Realty Trust worked collaboratively with the seller, the municipality and the USPS to subdivide the main post office in Gray, LA, allowing unused land behind the post office to accommodate an ongoing municipality project. “We recently closed our transaction where we sold our post office facility to Postal Realty Trust. It got a little […]
Postal Realty Trust bought the main post office in Michigamme, MI, as part of a seven-building portfolio. The Michigamme purchase required resolution of some complicated title issues. We were able to separately close the other six properties in less than 30 days and closed Michigamme after helping the seller resolve the title issues 30 days […]
Postal Realty Trust purchased two buildings off-market from long-term owners. The two buildings are part of a larger industrial park. We were able to subdivide our properties and agree on an easement agreement with multiple ownership groups of different buildings within the park. Plus, the seller continued to own additional buildings within the industrial park. […]
Postal Realty Trust closed on the main post office in Reedville, VA, in under 45 days and was able to help the seller be reimbursed by the USPS for certain maintenance costs post-closing. ” The sale of my post office to Postal Realty was a textbook experience of professionalism, combined with their positive proactive approach to […]
Postal Realty Trust won a competitive bid process after a widely marketed sales campaign for this processing and distribution center. We closed the all-cash purchase for $47MM just 31 days after contract signing. The property has two tenants in addition to the USPS.
