Postal Realty Trust

General Information


We are an internally managed real estate corporation that owns and manages properties leased to the United States Postal Service, or the USPS. Upon completion of this offering and the related formation transactions, we will own and manage an initial portfolio of 271 postal properties located in 40 states comprising 871,843 net leasable interior square feet, all of which are leased to the USPS, and through our taxable REIT subsidiary, or TRS, we will provide fee-based third party property management services for an additional 401 postal properties leased to the USPS and owned by members of Mr. Spodek’s family and their partners.

Employees: 0
Founded: 2018
Contact Information
Address 75 Columbia Avenue, Cedarhurst, NY 11516, US
Phone Number (516) 295-7820
Web Address
View Prospectus: Postal Realty Trust
Financial Information
Market Cap $90.3mil
Revenues $7.68 mil (last 12 months)
Net Income $1.14 mil (last 12 months)
IPO Profile
Symbol PSTL
Exchange NYSE
Shares (millions): 4.5
Price range $17.00 - $17.00
Est. $ Volume $76.5 mil
Manager / Joint Managers Stifel/ Janney Montgomery Scott/ BMO Capital Markets/ Height Capital Markets
CO-Managers B. Riley, Inc./ D.A. Davidson & Co.
Expected To Trade: 5/15/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change