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Postal Realty Trust Closes $27.75 Million Purchase of 72 USPS-Leased Properties

Postal Realty Trust logoPostal Realty Trust
Sig3.34Sen+4.21Env0.00Soc+0.15Gov+2.14

Postal Realty Trust has closed a $27.75 million acquisition of 72 USPS-leased properties from CEO-affiliated entities, paying $25.75 million in cash. The portfolio is 100% occupied, with about 148,334 net rentable square feet and roughly 144,731 leased to USPS. The deal was approved by an independent special board committee and is expected to be immediately accretive.

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