Postal Realty Trust Inc
NYSE:PSTL
Postal Realty Trust Inc
Postal Realty Trust, Inc. is an internally managed real estate corporation. The company is headquartered in Cedarhurst, New York and currently employs 37 full-time employees. The company went IPO on 2019-05-15. The firm is an internally managed real estate investment trust that owns and manages properties leased to the United States Postal Service (USPS). The firm conducts its business through Umbrella Partnership REIT (UPREIT) structure in which its properties are owned by its Postal Realty LP (Operating Partnership) directly or through limited partnerships, limited liability companies or other subsidiaries. The firm owns a portfolio of approximately 966 properties located in over 49 states comprising approximately 4.5 million net leasable interior square feet. The firm's properties are leased primarily to a single tenant, the USPS. The firm also provides third-party property management services for an additional 397 postal properties. The Company’s subsidiaries include A and J Assets LLC, Alabama Postal Holdings, LLC, Arkansas Postal Holdings LLC and Bicostal Postal Realty Holdings LLC.
Postal Realty Trust, Inc. is an internally managed real estate corporation. The company is headquartered in Cedarhurst, New York and currently employs 37 full-time employees. The company went IPO on 2019-05-15. The firm is an internally managed real estate investment trust that owns and manages properties leased to the United States Postal Service (USPS). The firm conducts its business through Umbrella Partnership REIT (UPREIT) structure in which its properties are owned by its Postal Realty LP (Operating Partnership) directly or through limited partnerships, limited liability companies or other subsidiaries. The firm owns a portfolio of approximately 966 properties located in over 49 states comprising approximately 4.5 million net leasable interior square feet. The firm's properties are leased primarily to a single tenant, the USPS. The firm also provides third-party property management services for an additional 397 postal properties. The Company’s subsidiaries include A and J Assets LLC, Alabama Postal Holdings, LLC, Arkansas Postal Holdings LLC and Bicostal Postal Realty Holdings LLC.
Strong Outperformance: Postal Realty Trust exceeded expectations across key metrics in 2025, with results above initial guidance.
Growing Portfolio: Asset base grew by about 20% last year, and gross real estate value has increased tenfold since IPO.
Robust Liquidity: Year-end liquidity rose to $271 million, supported by an upsized revolver and significant equity raises.
Accretive Acquisitions: Acquisitions in 2025 totaled $123.1 million, surpassing guidance, and 2026 acquisition guidance is set at $115–$125 million.
Improving Efficiency: Cash G&A as a share of revenue dropped by nearly 130 bps, showing benefits from economies of scale.
Rising Earnings: AFFO per share for 2025 was $1.32, up 13.8%, and 2026 AFFO per share guidance is $1.39–$1.41.
Stable Tenancy: USPS continues to pay 100% of rent, with 99% occupancy, underlining portfolio stability.
Dividend Raised: Quarterly dividend increased by 1% to $0.245 per share, continuing annual increases since IPO.
