Postal Realty Trust, Inc.
Close on Oct 19, 2026
- Market cap
- $588.81M
- P/E (TTM)
- 39.3
- Dividend yield
- 4.57%
About Postal Realty Trust
Real Estate Investment Trusts, SIC 6798
Postal Realty Trust, Inc. is an internally managed real estate investment trust that acquires, owns, and manages properties leased primarily to the United States Postal Service. The company operates in a single reportable business segment, providing postal properties that range from local last-mile post offices to industrial logistics facilities. Its primary customer is the United States Postal Service, which leases spaces under modified double-net lease structures. The firm also manages postal locations owned by its chief executive officer and related affiliates.
The company owns a portfolio of 1,917 real estate properties, representing roughly 7.1 million net leasable interior square feet across 49 states and one territory. Furthermore, it manages an additional 333 postal properties through its taxable REIT subsidiary. Postal Realty Trust employs 42 full-time individuals and is headquartered at its corporate office in Cedarhurst, New York.
Summary of the business section of Postal Realty Trust's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Postal Realty Trust, Inc.
- Founded
- 2018
- Headquarters
- Cedarhurst, NY
- Address
- 75 Columbia Ave 11516
- Phone
- (576) 295-7820
- Website
- postalrealtytrust.com
- Employees
- 42, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, New York, New York
Stock & identifiers
- Ticker
- PSTL
- Exchange
- NYSE
- IPO date
- May 16, 2019
- Shares outstanding
- 30M, Aug 4, 2026
- Public float
- $336.00M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1759774
- CUSIP
- 73757R102
- ISIN
- US73757R1023
- LEI
- 5493007B7ZZSIJRGWC41
- EIN
- 83-2586114
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Andrew Spodek | CEO and Director | 953,407 |
| Jeremy Garber | Pres., Treasurer & Secretary | 228,365 |
| Matt Brandwein | EVP & Chief Accounting Officer | 124,745 |
| Stephen Michael Bakke | EVP & Chief Financial Officer | – |
| Robert B. Klein | Principal Financial Officer | 40,747 |
| Jane Gural-Senders | Director | 14,419 |
| Patrick R. Donahoe | Director | 55,666 |
| Anton Feingold | Director | 10,779 |
| Barry Lefkowitz | Director | 27,124 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Andrew Spodek | $3.69M | $8.66M | $1.67M | $136 | – |
| FY2024 Andrew Spodek | $3.28M | $3.19M | $1.58M | $103 | – |
| FY2023 Andrew Spodek | $2.59M | $3.73M | $1.50M | $107 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 42 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 5, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 8, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 4, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 13, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 25, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 16, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| May 7, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |