Since the early 1980s, our founders have been buying and managing space leased to the USPS. Our CEO, Andrew Spodek, grew up in the business, accompanying his father on visits to his portfolio of postal properties. Eventually, he began managing a large portfolio of postal properties himself. These assets are the foundation on which Postal Realty Trust was built when the company went public in 2019.
Our tremendous growth has been propelled by our deep institutional knowledge developed through a long track record of stewardship, our ready access to capital and a steadfast conviction that our reliable, government-backed tenant is an indispensable component of our nation’s logistics network.
As the first and only publicly traded real estate investment trust focused on properties leased to the USPS, we are well positioned to continue to deliver long-term value to our shareholders by consolidating this highly fragmented market of critical logistics assets, which we estimate to be around $15B in size.
Less than 2,500 net leasable interior sq. ft.
2,500 to 50,000 net leasable interior sq. ft.
More than 50,000 net leasable interior sq. ft.
The Team Behind the Growth
We know that it requires more than just access to capital and thorough due diligence to succeed in this business. Our dedicated cross-functional team of seasoned professionals is the driving force behind our company’s success. It takes a like-minded group of experts who share a single goal—building and managing a high-performing, diverse portfolio while remaining true to our roots to be the buyer of choice for postal lessors.