Postal Realty Trust is a defensive, government-anchored REIT compounding cash flow through USPS-backed rents, low-capex leases, and disciplined consolidation of a fragmented postal real estate market.
Overview
Postal Realty Trust is the only publicly traded REIT dedicated to USPS-leased real estate, owning nearly 2,000 properties across last-mile, flex, and industrial postal facilities. With **99.8% of owned square footage leased to USPS**, PSTL offers government-backed rental income, high occupancy, and minimal tenant credit risk. Its unique UPREIT structure enables tax-efficient acquisitions from fragmented private landlords, while its TRS adds fee income through third-party postal property management. The company’s portfolio underpins critical U.S. mail, parcel, and e-commerce logistics infrastructure.