Our Strategy
Who is Postal Realty Trust?
Postal Realty Trust is an internally managed real estate corporation that owns and manages properties leased to the United States Postal Service, or the USPS. We believe that Postal Realty Trust is one of the largest owners and the largest manager measured by net leasable square footage of properties that are leased to the USPS. We believe that the network of post offices throughout the country that Postal Realty Trust targets to own is a critical element of the nation’s logistics infrastructure that facilitates cost effective and efficient “last mile” delivery solutions for the nation’s largest e-commerce providers including Amazon, FedEx and UPS.
Our management team has over 30 years of experience principally focused on investing in and managing post office properties, and has established relationships within the USPS, with other post office owners and with brokers that specialize in postal properties. In addition, Mr. Spodek serves as a director of the Association of United States Postal Lessors, or AUSPL, the leading national association of postal property owners. Our management team has extensive experience in the real estate and finance industries and we believe our team’s experience with the USPS and related relationships with owners and brokers of postal properties will allow us to successfully execute our business strategy.
Postal Realty Trust is an internally managed real estate corporation that owns and manages properties leased to the United States Postal Service, or the USPS. Postal Realty Trust owns 1,003 postal properties located in 49 states compromising approximately 4,600,000 net leasable square feet. Additionally, the Company provides fee-based third party property management services for an additional 397 postal properties leased to the USPS. We believe that Postal Realty Trust is one of the largest owners and the largest manager measured by net leasable square footage of properties that are leased to the USPS. We believe that the network of post offices throughout the country that Postal Realty Trust targets to own is a critical element of the nation’s logistics infrastructure that facilitates cost effective and efficient “last mile” delivery solutions for the nation’s largest e-commerce providers including Amazon, FedEx and UPS.
We believe our ownership and continuing acquisition of properties leased to the USPS, as well as management of postal properties owned by third parties and leased to the USPS, is an attractive investment opportunity for, among others, the following reasons:
- The strategic importance of the USPS’s extensive national network to the nation’s infrastructure and growth of e-commerce;
- Attractive cash flows from USPS-leased properties through stable occupancy and consistent rent growth across various economic cycles;
- Fragmented ownership and an aging demographic of current owners of USPS-leased properties present an attractive opportunity to consolidate ownership of an institutional asset class that currently is principally non-institutionally owned; and
- Opportunity to increase returns through professional property management, asset management and consulting and advisory services.
As a result of the growing need for cost effective and efficient “last mile” delivery solutions across the country and main post offices facilitating that need, we believe our properties are a critical element of the nation’s logistics infrastructure.