{"id":17311,"date":"2026-01-25T12:38:36","date_gmt":"2026-01-25T18:38:36","guid":{"rendered":"https:\/\/1reason.com\/re\/postal-realty-trust-inc-provides-fourth-quarter-and-full-year-2025-update\/17311\/"},"modified":"2026-01-26T06:38:36","modified_gmt":"2026-01-26T12:38:36","slug":"postal-realty-trust-inc-provides-fourth-quarter-and-full-year-2025-update","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/postal-realty-trust-inc-provides-fourth-quarter-and-full-year-2025-update\/17311\/","title":{"rendered":"Postal Realty Trust, Inc. Provides Fourth Quarter and Full Year 2025 Update"},"content":{"rendered":"
, Jan. 08, 2026 (GLOBE NEWSWIRE) — Postal Realty Trust, Inc. (NYSE: PSTL) (the \u201cCompany\u201d), an internally managed real estate investment trust that owns and manages over 2,200 postal properties leased primarily to the United States Postal Service (the \u201cUSPS\u201d), ranging from last-mile post offices to industrial facilities, provided an update on its acquisition, re-leasing, and capital markets activity for the fourth quarter of 2025. The Company also provided an update on its portfolio, balance sheet and fully diluted shares outstanding at year-end as well as acquisitions for the full year of 2025. <\/p>\n

For the full year 2025, the Company acquired 216 properties leased to the USPS for approximately $123 million, excluding closing costs. These properties comprise approximately 642,000 net leasable interior square feet and had a weighted average rental rate of $16.24 per leasable square foot as of December 31, 2025. These acquisitions were completed at a weighted average cash capitalization rate of approximately 7.7%.<\/p>\n

\u201cThe acquisition volume we achieved in 2025 reflects the strength of our long-standing relationships, our differentiated sourcing strategy, and our specialized expertise in postal real estate,\u201d said Andrew Spodek, Chief Executive Officer. \u201cLast year\u2019s acquisitions represent approximately 20% growth in our asset base1 <\/sup>from year-end 2024.2<\/sup> Importantly, we drove this growth while maintaining a strong balance sheet.\u201d Mr. Spodek continued, \u201cthis growth builds on the results we\u2019ve delivered since our IPO in 2019\u2014expanding our asset base by approximately 1,095%.3<\/sup> Over that time, we have delivered compound annual AFFO per share growth of approximately 5.5% from 2020 through 2025, based on the midpoint of guidance.\u201d<\/p>\n

Fourth Quarter & Year-End 2025 Update<\/strong><\/p>\n

For the fourth quarter of 2025, the Company acquired 65 properties leased to the USPS for approximately $29.1 million, excluding closing costs (the \u201cQ4 2025 Acquisitions Cost\u201d), comprising approximately 142,000 net leasable interior square feet. These acquisitions were completed at a weighted average cash capitalization rate of approximately 7.5%.<\/p>\n

The Company\u2019s owned portfolio was 99.8% occupied with 1,917 properties across 49 states and one territory with approximately 7.1 million net leasable interior square feet and a weighted average rental rate of $11.88 per occupied leasable square foot based on rents in place as of December 31, 2025. The weighted average rental rate consisted of $14.09 per occupied leasable square foot on last-mile and flex properties, and $4.23 on industrial properties.<\/p>\n

At the end of 2025, 89% of the Company\u2019s debt outstanding was set to fixed rates and $39 million was outstanding on the Company\u2019s senior unsecured revolving credit facility. The weighted average interest rate of the Company\u2019s total debt outstanding was 4.38%.<\/p>\n

Through its at-the-market offering program, the Company issued 807,184 shares of common stock at an average gross sales price of $15.63 per share generating gross proceeds of $12.6 million during the fourth quarter and 3,154,321 shares of common stock at an average gross sales price of $15.34 per share generating gross proceeds of $48.4 million during the year.<\/p>\n

As of December 31, 2025, there were 34,104,349 fully diluted shares outstanding (including securities convertible into shares of Class A common stock such as common units and long-term incentive units in the Company\u2019s operating partnership and restricted stock units) and the weighted average fully diluted share count for the fourth quarter of 2025 was 33,620,211 shares.<\/p>\n

About Postal Realty Trust, Inc.<\/strong><\/p>\n

Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,200 postal properties leased primarily to the USPS.<\/p>\n

Forward-Looking and Cautionary Statements <\/strong><\/p>\n

This press release contains \u201cforward-looking statements.\u201d Forward-looking statements include statements identified by words such as \u201ccould,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201clikely,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cseeks,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201ccontinues,\u201d \u201cprojects\u201d and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements, including, among others, statements regarding the Company\u2019s anticipated growth and acquisition activity, are based on the Company\u2019s current expectations and assumptions regarding capital market conditions, its acquisition pipeline, the Company\u2019s business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company\u2019s actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the USPS\u2019s terminations or non-renewals of leases, changes in demand for postal services delivered by the USPS, the solvency and financial health of the USPS and the Company\u2019s other tenants, competitive, financial market and regulatory conditions, disruption in market, general real estate market conditions, the Company\u2019s competitive environment and other factors set forth under \u201cRisk Factors\u201d in the Company\u2019s most recent filings with the U.S. Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.<\/p>\n

Contacts:
<\/strong>Steve Bakke
EVP and Chief Financial Officer
Email: sbakke@postalrealty.com<\/a>
Phone: 516-734-0420<\/p>\n

Jordan Cooperstein
Senior Vice President of Finance, Capital Markets
Email: jcooperstein@postalrealty.com<\/a>
Phone: 516-295-7820<\/p>\n

________________________
Explanatory Notes:<\/u>
<\/strong><\/em><\/p>\n

1 <\/sup>Asset base representstotal real estate properties, at cost, calculated in accordance with GAAP.
2 <\/sup>Represents a non-GAAP measure calculated as (i) the sum of (a) total real estate properties, at cost, as of September 30, 2025 plus<\/u> (b) Q4 2025 Acquisitions Cost (as defined in the paragraph below) divided by<\/u> (ii) total real estate properties, at cost, as of December 31, 2024.
3 <\/sup>Represents a non-GAAP measure calculated as (i) the sum of (a) total real estate properties, at cost, as of September 30, 2025 plus<\/u> (b) Q4 2025 Acquisitions Cost divided by<\/u> (ii) total real estate properties, at cost, as of June 30, 2019, the quarter in which our initial public offering was completed. <\/p>\n

\"\"<\/div>\n","protected":false},"excerpt":{"rendered":"

\n

– Acquired 216 Properties for $123 Million in 2025 — Full Year 2025 Weighted Average Cash Capitalization Rate of 7.7% — 89% of Debt Outstanding Set to Fixed Rates — No Debt Maturities Until 2028 –<\/p>\n

CEDARHURST, N.Y.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17311"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=17311"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17311\/revisions"}],"predecessor-version":[{"id":17321,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17311\/revisions\/17321"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=17311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=17311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=17311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}